Wear bushing is housed in the head or spool and secured by means of two tie down screws to protect it against damage or wear during drilling operations. In addition to stave off damage from drill string members, and destruction to the bowl caused by high velocity flow of abrasive particles. Wear bushing are continuously used in offshore/onshore upstream applications, as well as midstream/transfer applications.
This report contains market size and forecasts of Wear Bushings in global, including the following market information:
Global Wear Bushings Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Wear Bushings Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Wear Bushings companies in 2021 (%)
The global Wear Bushings market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Metals Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Wear Bushings include GGB Bearing Technology, SUNRY Oilwell Equipment Co., Ltd., Equipment Trading International, Yancheng Qihang Petroleum Machinery Co., Ltd, Parveen Industries Pvt. Ltd. and Moto Mecanica Argentina SA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Wear Bushings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wear Bushings Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wear Bushings Market Segment Percentages, by Type, 2021 (%)
Metals
Polymers
Global Wear Bushings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wear Bushings Market Segment Percentages, by Application, 2021 (%)
Oil and Gas
Construction
Marine
Others
Global Wear Bushings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wear Bushings Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wear Bushings revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Wear Bushings revenues share in global market, 2021 (%)
Key companies Wear Bushings sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Wear Bushings sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GGB Bearing Technology
SUNRY Oilwell Equipment Co., Ltd.
Equipment Trading International
Yancheng Qihang Petroleum Machinery Co., Ltd
Parveen Industries Pvt. Ltd.
Moto Mecanica Argentina SA