The global Polycrystalline Diamond Compact Bits market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Polycrystalline diamond compact (PDC) drill bits, are made with synthetic diamond cutters in either steel or matrix body material. PDC drill bits revolutionized the drilling industry with a wide application range and rate of penetration (ROP) potential.
United States market for Polycrystalline Diamond Compact Bits is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Polycrystalline Diamond Compact Bits is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Polycrystalline Diamond Compact Bits is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Polycrystalline Diamond Compact Bits players cover Baker Hughes (GE), Schlumberger, National Oilwell Varco (NOV), Halliburton, Varel, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淧olycrystalline Diamond Compact Bits Industry Forecast鈥� looks at past sales and reviews total world Polycrystalline Diamond Compact Bits sales in 2024, providing a comprehensive analysis by region and market sector of projected Polycrystalline Diamond Compact Bits sales for 2025 through 2031. With Polycrystalline Diamond Compact Bits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polycrystalline Diamond Compact Bits industry.
This Insight Report provides a comprehensive analysis of the global Polycrystalline Diamond Compact Bits landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polycrystalline Diamond Compact Bits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Polycrystalline Diamond Compact Bits market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polycrystalline Diamond Compact Bits and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polycrystalline Diamond Compact Bits.
This report presents a comprehensive overview, market shares, and growth opportunities of Polycrystalline Diamond Compact Bits market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Matrix Body PDC Drill Bits
Steel Body PDC Drill Bits
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Baker Hughes (GE)
Schlumberger
National Oilwell Varco (NOV)
Halliburton
Varel
Atlas Copco
Sichuan Chuanshi Diamond Bit
Rockpecker
Shear Bits
Volgaburmash
Drilformance Technologies
Torquato
Ulterra
Taurex Drill Bits
Infinity Tool MFG
Western Drilling Tools
ROSCHEN
Cangzhou Great Drill Bits
Besharp Diamond
Hebei Crossing Drill Bit
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polycrystalline Diamond Compact Bits market?
What factors are driving Polycrystalline Diamond Compact Bits market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polycrystalline Diamond Compact Bits market opportunities vary by end market size?
How does Polycrystalline Diamond Compact Bits break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polycrystalline Diamond Compact Bits Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Polycrystalline Diamond Compact Bits by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Polycrystalline Diamond Compact Bits by Country/Region, 2020, 2024 & 2031
2.2 Polycrystalline Diamond Compact Bits Segment by Type
2.2.1 Matrix Body PDC Drill Bits
2.2.2 Steel Body PDC Drill Bits
2.3 Polycrystalline Diamond Compact Bits Sales by Type
2.3.1 Global Polycrystalline Diamond Compact Bits Sales Market Share by Type (2020-2025)
2.3.2 Global Polycrystalline Diamond Compact Bits Revenue and Market Share by Type (2020-2025)
2.3.3 Global Polycrystalline Diamond Compact Bits Sale Price by Type (2020-2025)
2.4 Polycrystalline Diamond Compact Bits Segment by Application
2.4.1 Onshore
2.4.2 Offshore
2.5 Polycrystalline Diamond Compact Bits Sales by Application
2.5.1 Global Polycrystalline Diamond Compact Bits Sale Market Share by Application (2020-2025)
2.5.2 Global Polycrystalline Diamond Compact Bits Revenue and Market Share by Application (2020-2025)
2.5.3 Global Polycrystalline Diamond Compact Bits Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Polycrystalline Diamond Compact Bits Breakdown Data by Company
3.1.1 Global Polycrystalline Diamond Compact Bits Annual Sales by Company (2020-2025)
3.1.2 Global Polycrystalline Diamond Compact Bits Sales Market Share by Company (2020-2025)
3.2 Global Polycrystalline Diamond Compact Bits Annual Revenue by Company (2020-2025)
3.2.1 Global Polycrystalline Diamond Compact Bits Revenue by Company (2020-2025)
3.2.2 Global Polycrystalline Diamond Compact Bits Revenue Market Share by Company (2020-2025)
3.3 Global Polycrystalline Diamond Compact Bits Sale Price by Company
3.4 Key Manufacturers Polycrystalline Diamond Compact Bits Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Polycrystalline Diamond Compact Bits Product Location Distribution
3.4.2 Players Polycrystalline Diamond Compact Bits Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Polycrystalline Diamond Compact Bits by Geographic Region
4.1 World Historic Polycrystalline Diamond Compact Bits Market Size by Geographic Region (2020-2025)
4.1.1 Global Polycrystalline Diamond Compact Bits Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Polycrystalline Diamond Compact Bits Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Polycrystalline Diamond Compact Bits Market Size by Country/Region (2020-2025)
4.2.1 Global Polycrystalline Diamond Compact Bits Annual Sales by Country/Region (2020-2025)
4.2.2 Global Polycrystalline Diamond Compact Bits Annual Revenue by Country/Region (2020-2025)
4.3 Americas Polycrystalline Diamond Compact Bits Sales Growth
4.4 APAC Polycrystalline Diamond Compact Bits Sales Growth
4.5 Europe Polycrystalline Diamond Compact Bits Sales Growth
4.6 Middle East & Africa Polycrystalline Diamond Compact Bits Sales Growth
5 Americas
5.1 Americas Polycrystalline Diamond Compact Bits Sales by Country
5.1.1 Americas Polycrystalline Diamond Compact Bits Sales by Country (2020-2025)
5.1.2 Americas Polycrystalline Diamond Compact Bits Revenue by Country (2020-2025)
5.2 Americas Polycrystalline Diamond Compact Bits Sales by Type (2020-2025)
5.3 Americas Polycrystalline Diamond Compact Bits Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Polycrystalline Diamond Compact Bits Sales by Region
6.1.1 APAC Polycrystalline Diamond Compact Bits Sales by Region (2020-2025)
6.1.2 APAC Polycrystalline Diamond Compact Bits Revenue by Region (2020-2025)
6.2 APAC Polycrystalline Diamond Compact Bits Sales by Type (2020-2025)
6.3 APAC Polycrystalline Diamond Compact Bits Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Polycrystalline Diamond Compact Bits by Country
7.1.1 Europe Polycrystalline Diamond Compact Bits Sales by Country (2020-2025)
7.1.2 Europe Polycrystalline Diamond Compact Bits Revenue by Country (2020-2025)
7.2 Europe Polycrystalline Diamond Compact Bits Sales by Type (2020-2025)
7.3 Europe Polycrystalline Diamond Compact Bits Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Polycrystalline Diamond Compact Bits by Country
8.1.1 Middle East & Africa Polycrystalline Diamond Compact Bits Sales by Country (2020-2025)
8.1.2 Middle East & Africa Polycrystalline Diamond Compact Bits Revenue by Country (2020-2025)
8.2 Middle East & Africa Polycrystalline Diamond Compact Bits Sales by Type (2020-2025)
8.3 Middle East & Africa Polycrystalline Diamond Compact Bits Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Polycrystalline Diamond Compact Bits
10.3 Manufacturing Process Analysis of Polycrystalline Diamond Compact Bits
10.4 Industry Chain Structure of Polycrystalline Diamond Compact Bits
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Polycrystalline Diamond Compact Bits Distributors
11.3 Polycrystalline Diamond Compact Bits Customer
12 World Forecast Review for Polycrystalline Diamond Compact Bits by Geographic Region
12.1 Global Polycrystalline Diamond Compact Bits Market Size Forecast by Region
12.1.1 Global Polycrystalline Diamond Compact Bits Forecast by Region (2026-2031)
12.1.2 Global Polycrystalline Diamond Compact Bits Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Polycrystalline Diamond Compact Bits Forecast by Type (2026-2031)
12.7 Global Polycrystalline Diamond Compact Bits Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Baker Hughes (GE)
13.1.1 Baker Hughes (GE) Company Information
13.1.2 Baker Hughes (GE) Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.1.3 Baker Hughes (GE) Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Baker Hughes (GE) Main Business Overview
13.1.5 Baker Hughes (GE) Latest Developments
13.2 Schlumberger
13.2.1 Schlumberger Company Information
13.2.2 Schlumberger Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.2.3 Schlumberger Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Schlumberger Main Business Overview
13.2.5 Schlumberger Latest Developments
13.3 National Oilwell Varco (NOV)
13.3.1 National Oilwell Varco (NOV) Company Information
13.3.2 National Oilwell Varco (NOV) Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.3.3 National Oilwell Varco (NOV) Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 National Oilwell Varco (NOV) Main Business Overview
13.3.5 National Oilwell Varco (NOV) Latest Developments
13.4 Halliburton
13.4.1 Halliburton Company Information
13.4.2 Halliburton Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.4.3 Halliburton Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Halliburton Main Business Overview
13.4.5 Halliburton Latest Developments
13.5 Varel
13.5.1 Varel Company Information
13.5.2 Varel Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.5.3 Varel Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Varel Main Business Overview
13.5.5 Varel Latest Developments
13.6 Atlas Copco
13.6.1 Atlas Copco Company Information
13.6.2 Atlas Copco Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.6.3 Atlas Copco Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Atlas Copco Main Business Overview
13.6.5 Atlas Copco Latest Developments
13.7 Sichuan Chuanshi Diamond Bit
13.7.1 Sichuan Chuanshi Diamond Bit Company Information
13.7.2 Sichuan Chuanshi Diamond Bit Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.7.3 Sichuan Chuanshi Diamond Bit Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Sichuan Chuanshi Diamond Bit Main Business Overview
13.7.5 Sichuan Chuanshi Diamond Bit Latest Developments
13.8 Rockpecker
13.8.1 Rockpecker Company Information
13.8.2 Rockpecker Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.8.3 Rockpecker Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Rockpecker Main Business Overview
13.8.5 Rockpecker Latest Developments
13.9 Shear Bits
13.9.1 Shear Bits Company Information
13.9.2 Shear Bits Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.9.3 Shear Bits Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shear Bits Main Business Overview
13.9.5 Shear Bits Latest Developments
13.10 Volgaburmash
13.10.1 Volgaburmash Company Information
13.10.2 Volgaburmash Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.10.3 Volgaburmash Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Volgaburmash Main Business Overview
13.10.5 Volgaburmash Latest Developments
13.11 Drilformance Technologies
13.11.1 Drilformance Technologies Company Information
13.11.2 Drilformance Technologies Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.11.3 Drilformance Technologies Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Drilformance Technologies Main Business Overview
13.11.5 Drilformance Technologies Latest Developments
13.12 Torquato
13.12.1 Torquato Company Information
13.12.2 Torquato Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.12.3 Torquato Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Torquato Main Business Overview
13.12.5 Torquato Latest Developments
13.13 Ulterra
13.13.1 Ulterra Company Information
13.13.2 Ulterra Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.13.3 Ulterra Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Ulterra Main Business Overview
13.13.5 Ulterra Latest Developments
13.14 Taurex Drill Bits
13.14.1 Taurex Drill Bits Company Information
13.14.2 Taurex Drill Bits Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.14.3 Taurex Drill Bits Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Taurex Drill Bits Main Business Overview
13.14.5 Taurex Drill Bits Latest Developments
13.15 Infinity Tool MFG
13.15.1 Infinity Tool MFG Company Information
13.15.2 Infinity Tool MFG Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.15.3 Infinity Tool MFG Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Infinity Tool MFG Main Business Overview
13.15.5 Infinity Tool MFG Latest Developments
13.16 Western Drilling Tools
13.16.1 Western Drilling Tools Company Information
13.16.2 Western Drilling Tools Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.16.3 Western Drilling Tools Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Western Drilling Tools Main Business Overview
13.16.5 Western Drilling Tools Latest Developments
13.17 ROSCHEN
13.17.1 ROSCHEN Company Information
13.17.2 ROSCHEN Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.17.3 ROSCHEN Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 ROSCHEN Main Business Overview
13.17.5 ROSCHEN Latest Developments
13.18 Cangzhou Great Drill Bits
13.18.1 Cangzhou Great Drill Bits Company Information
13.18.2 Cangzhou Great Drill Bits Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.18.3 Cangzhou Great Drill Bits Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Cangzhou Great Drill Bits Main Business Overview
13.18.5 Cangzhou Great Drill Bits Latest Developments
13.19 Besharp Diamond
13.19.1 Besharp Diamond Company Information
13.19.2 Besharp Diamond Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.19.3 Besharp Diamond Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Besharp Diamond Main Business Overview
13.19.5 Besharp Diamond Latest Developments
13.20 Hebei Crossing Drill Bit
13.20.1 Hebei Crossing Drill Bit Company Information
13.20.2 Hebei Crossing Drill Bit Polycrystalline Diamond Compact Bits Product Portfolios and Specifications
13.20.3 Hebei Crossing Drill Bit Polycrystalline Diamond Compact Bits Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Hebei Crossing Drill Bit Main Business Overview
13.20.5 Hebei Crossing Drill Bit Latest Developments
14 Research Findings and Conclusion
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*If Applicable.