Press Release

North America Oilfield Roller Chain Market is expected to grow at a robust CAGR

North America Oilfield Roller Chain Market is expected to grow owing to regular maintenance and occasional replacement of components like roller chains across North America throughout the forecast period.


According to TechSci Research report, “North America Oilfield Roller Chain Market - By Country, Competition, Forecast and Opportunities, 2018-2028”, the North America Oilfield Roller Chain Market is expected to register robust growth during the forecast period. The growth of the market is being propelled by the rising activity in the oil and gas exploration and production sector. Increased drilling and extraction activities drive the demand for roller chains, which are utilized in various equipment within the oilfield, including drilling rigs and pumps.

The ongoing exploration and extraction of unconventional oil and gas resources, such as shale oil and gas, tar sands, and tight oil, present lucrative opportunities for the roller chain market. These resources necessitate specialized drilling and production equipment, including roller chains, that can withstand the demanding conditions associated with their extraction. The rapid growth of unconventional resources, particularly in regions like the Permian Basin, offers a substantial market for roller chains. Companies capable of delivering reliable, high-performance roller chains tailored to the specific requirements of unconventional drilling and fracking operations are poised to reap significant benefits.


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Based on application, the Hoisting Operations segment is expected to dominate the market during the forecast period. Hoisting operations are a fundamental aspect of oilfield activities, involving the lifting of heavy equipment, drilling tools, and tubulars in and out of wellbores during drilling, completion, and workover operations. Roller chains play a crucial role in various hoisting equipment, including draw works, crown blocks, traveling blocks, and other lifting mechanisms. These chains must endure high loads, shock loads, and abrasive environments while ensuring the safe and efficient movement of heavy loads. Hoisting equipment in the oilfield is subjected to extremely heavy loads, necessitating roller chains with high load-carrying capacities and the ability to handle sudden shock loads. Manufacturers must design chains with the necessary strength and resilience to safely lift and lower heavy equipment. The reliability of hoisting operations is critical to safety and productivity. Roller chains must be highly durable to withstand continuous use in harsh conditions, such as exposure to drilling mud, abrasive particles, and extreme temperatures. Any chain failure in hoisting operations can have catastrophic consequences, highlighting the importance of reliability. Manufacturers have opportunities to develop roller chains with advanced materials and coatings that enhance durability and resistance to wear, corrosion, and abrasion. These improvements can extend service intervals and reduce maintenance requirements. The integration of IoT technology and smart sensors into hoisting equipment presents opportunities to monitor the condition and performance of roller chains in real time. Predictive maintenance based on data analytics can help prevent chain failures and minimize downtime.

Based on type, the Conveyor Chain segment is projected to dominate the market throughout the forecast period. Conveyor chains in the oilfield are consistently exposed to abrasive materials like drilling cuttings and proppants. It is imperative to design them to endure continuous wear and tear, ensuring uninterrupted material transport. Reliability plays a critical role in conveyor systems to avoid disruptions that can impact drilling and production operations. Therefore, conveyor chains should possess durability and require minimal maintenance to reduce downtime. Depending on the specific oilfield environment, chains may encounter corrosive substances, including drilling fluids and chemicals. Hence, corrosion resistance is vital to maintain their structural integrity. Manufacturers have opportunities to develop conveyor chains using advanced materials and coatings that enhance abrasion and corrosion resistance, ultimately extending their service life and reducing maintenance needs. By integrating sensors and IoT technology into conveyor systems, real-time monitoring of chain conditions becomes possible, enabling predictive maintenance. Early detection of wear or damage can effectively prevent unplanned downtime. As the oil and gas industry emphasizes energy efficiency and sustainability, conveyor chain manufacturers can explore designs that minimize energy consumption in conveyor systems.


Key market players in the North America Oilfield Roller Chain Market are:-

  • Timken Company
  • Rexnord Corporation:
  • Tsubaki
  • Diamond Chain Company
  • US Tsubaki Power Transmission, LLC
  • Renold plc
  • Ramsey Products Corporation
  • FB Ketju
  • Ramsey Industries, Inc.
  • IWIS Drive Systems, LLC


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“The North America Oilfield Roller Chain Market in US is poised to be the dominant force in the industry. Regular maintenance and occasional component replacement, such as roller chains, are necessary for existing oilfield equipment due to wear and tear. This ongoing maintenance and replacement market significantly contributes to the overall demand for roller chains.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“North America Oilfield Roller Chain Market By Application (Hoisting Operations, Sucker Rod Pump, Mud Pump and Others), By Type (Drive Chain, Conveyor Chain, Multi Strand Chain and Others), By Country, By Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of North America Oilfield Roller Chain Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in North America Oilfield Roller Chain Market.



Mr. Ken Mathews

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North America Oilfield Roller Chain Market By Application (Hoisting Operations, Sucker Rod Pump, Mud Pump and Others), By Type (Drive Chain, Conveyor Chain, Multi Strand Chain and Others), By Country, By Competition Forecast & Opportunities, 2018-2028

Oil and Gas | Sep, 2023

Advances in technology leading to the development of more efficient and durable roller chains is one of the factors driving the North America Oilfield Roller Chain Market during the forecast period 2024-2028.

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