openPR Logo
Press release

Oil Field Roller Chain Market to Discern Steadfast Expansion During 2017-2025

Oil Field Roller Chain Market to Discern Steadfast Expansion

Oil field operations are subjected to high shock load and high cyclic load. Roller chains used in the oil & gas industry need to be capable of handling shock loads, fatigue, and cyclic loads. They should have maximum tensile strength and corrosion resistance. Roller chains are primarily used for lifting heavy loads and power transmission. The American Petroleum Society (API) specification 7F covers the design aspects of roller chains used in the oil & gas industry.

The oil field roller chain market can be segmented based on product type, chain joint type, application, and region. In terms of product type, the oil field roller chain market can be classified into heavy series chain, single strand chain, multiple strand chain, and single & multiple strand chain assemblies. The heavy series chain consists of larger pitches. They are mainly used to carry higher loads during low speed operation. Single strand chains are used for lifting lower loads. They are primarily employed in sucker rod pump application. Single and multiple strand chain assemblies are employed in hoisting and mud pump drive operations. They are designed to lift heavy loads at high speeds. The single & multiple strand chain assemblies segment holds the major share of the oil field roller chain market in terms of volume and value.

Request For Report Sample@

Based on chain joint type, the oil field roller chain market can be divided into riveted chain and cottered chain. Riveted chain is made using pins that spread through the plate on each side and are then side mashed on their ends to hold between the plate and pin. Riveted chains have permanent joints; the links can only break when the rivet fails. Cottered chain is made with pins spreading through the plate on one side and on the other side a cross- drilled hole is made for inserting cotter pin. Cottered joined plates are easy to remove. The riveted chain segment accounts for the key share of the oil field roller chain market due to its capability of holding high loads without fail.

In terms of application, the oil field roller chain market can be segregated into hoisting, rotary table, mud pump drive, sucker rod pump, transmission, and others. Hoisting can be sub-segmented into draw-works, high drum, and low drum. Roller chains used in hoisting system is subject to heavy loads during lifting and lowering of drill pipes and casings. The hoisting segment constituted key share of the oil field roller chain market. It is followed by the mud pump drive segment.

Based on region, the oil field roller chain market can be divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounts for significant share of the oil field roller chain market. This is due to the increase in exploration activities of unconventional reserves such as coal bed methane and shale oil & gas in the region. However, the oil field roller chain market in Asia Pacific is anticipated to expand at a fast-paced during the forecast due to the increase in usage of enhanced oil recovery techniques.

Recover in crude oil prices has resulted in an increase in oil & gas drilling activities. This is estimated to augment the demand for oil field roller chains.

Request For Report Table of Content (TOC):

Key players operating in the oil field roller chain market are Diamond Chain Company (the U.S.), Tsubakimoto Chain Co. (Japan), Rexnord Corporation (Germany), Emerson Bearing Company (the U.S.), Rombo (India), Zhejiang Gidi industrial Chain Co., Ltd. (China), Flowtools Middle East LLC ( Dubai), Renold plc (UK), Wippermann jr. GmbH (Germany), Daido Kogyo Co., Ltd. (Japan), Hale Brothers, Inc (the U.S.), Hengjiu Group (China), and Sugiyama Chain Co., Ltd. (Japan).

About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact US
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Oil Field Roller Chain Market to Discern Steadfast Expansion During 2017-2025 here

News-ID: 860139 • Views: 148

More Releases from Transparency Market Research

Pre-Printed Paper Rolls Market Demand Analysis and Projected huge Growth by 2027
Pre-printed paper rolls can be a powerful marketing tool for any business. In addition to these pre-printed paper rolls can be used for several applications such as labels, tapes, QR codes, etc. Pre-printed paper rolls are cost-effective and form a brand impression on consumers. Pre-printed paper rolls can be printed in many colors. They are colorful and appealing and are not like ordinary papers. For More Detailed Analysis, Request PDF
Duffle Top Bulk Bags Market Generates Huge Revenue Till 2027- Study By Key Playe …
Duffle top bulk bags made from plastic last long and are highly durable. Duffle top bulk bags are flexible and are strong to carry heavy loads. They have lift straps fixed at the top of the bag, which helps in handling and movement of duffle top bulk bags. Duffle top bulk bags can be of various types, which include opening from the bottom or opening from top. They are lightweight
Multi-Dose Packaging System Market Demand & Future Scope Including Top Players
Medicinal wastage and error in taking proper medication lead to need for multi-dose packaging system. Multi-dose packaging system has various benefits, which includes assisting patients with complicated prescription routines and the ability to enhance patient safety. It provides high-quality, smart packaging and also provides convenience to the patients. Multi-dose packaging system provides consumers with product protection, quality, and patient comfort. It has normal handling, and the formulation present in the
Cargo Belt Market 2020 Growth Rate, Developments in Major Areas, Market Size, Dy …
Globalization leads to the need for transportation of goods over the longer distance. This will drive the demand for cargo belts in the logistics & transportation industry. During the transportation of goods, about one-fourth of the accidents occurred due to poor handling of goods, which can be avoided by using the cargo belt. They are used in light and heavy lorries, trailers trucks, ships, and air crafts. Request PDF Sample For

All 5 Releases

More Releases for Chain

The Cold Chain Industry is developing at a faster rate in India due to a shift in focus to better storage and transportation facility of the commodity from increasing the production. A cold chain is a temperature-controlled supply chain that involves the storage and transportation of perishable goods. The cold chain helps to preserve and increase the shelf life of various products including agricultural produce, frozen food, pharmaceuticals, etc. Food
Biopharmaceutical Cold Chain Logistics Market Size, Status, Product Type: Active …
A newly compiled business intelligent report, titled “Global Biopharmaceutical Cold Chain Logistics Market” Size, Status and Forecast 2019-2025 has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Biopharmaceutical Cold Chain Logistics Market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing
Cam Chain Market Report 2018: Segmentation by Product (Roller Chain, Silent Chai …
Global Cam Chain market research report provides company profile for Iwis, LGB, Qingdao Choho, TIDC, Rockman Industries, Tsubakimoto, BorgWarner, Schaeffler, DAIDO KOGYO and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Polymerase Chain Reaction Market – Insights
Key players in the polymerase chain reaction market are engaged in launching advanced and novel PCR instruments and consumables, which will allows rapid and easy nucleic acid amplification. For instance, in October 2017, Diatech Pharmacogenetics srl launched easyPGX: a ready to use in-vitro diagnostic real-time PCR product line and Helix: a polymerase chain reaction kit for the extraction of circulating free DNA from plasma. In September 2015, Bio-Rad Laboratories launched
Cold Chain Packaging Market -
The quality of service in “Cold Chain” is largely dependent on the growing investments in latest technology as well as equipment, particularly the cold chain packaging solution. Over the last decade or two, highly competitive market are facing economic hardships, and hence, pharmaceutical companies were looking for different methods to minimize cost of product packaging. One of the ways thought of to achieve cost cutting was the use of inexpensive
Oilfield Roller Chain Market By Top Key Players- Rexnord Corporation,Tsubakimoto …
Oilfield Roller Chain Market research report helps to get access to industry data and upcoming trends which will give you avenues to know about the market. This report gives opportunities to go through with industry analysis, share and forecast, Providing brief description about the market size its competitors and product identification. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth