Wellhead Equipment Market 2030: The Role of Advanced Materials

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2025-08-28 10:14:12 -

The global wellhead equipment market was valued at USD 6.69 billion in 2023 and is projected to reach USD 9.36 billion by 2030, expanding at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The market’s growth is primarily driven by rising global energy demand, the need for efficient and reliable oil and gas extraction processes, and an increasing focus on...

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