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Recent market data reveals that Tubeplus’ overseas orders in Q1 2025 grew by 35% year-on-year, with North American market demand surging by 42%. This growth is largely driven by the recovery of drilling and completion activities and Tubeplus’ commitment to customized oil well pipe solutions.
Key Market Drivers:
📈 Increased capital expenditure in North American oil and gas projects, boosting drilling and completion activities
📈 Tubeplus’ customized pipe solutions, catering to diverse geological conditions
📈 Supply chain optimization, reducing delivery time and improving customer satisfaction
To sustain this momentum, Tubeplus is planning to expand production capacity and invest further in technology development, ensuring its leadership in the global oil well pipe market.
