Global Wellhead Components Market Size & Outlook

The global wellhead components market size was estimated at USD 6,511.0 million in 2024 and is projected to reach USD 8,478.9 million by 2030, growing at a CAGR of 4.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$6,511.0
Forecast, 2030 (US$M)
$8,478.9
CAGR, 2025 - 2030
4.5%
Report Coverage
Worldwide

Global wellhead components market highlights

  • The global wellhead components market generated a revenue of USD 6,511.0 million in 2024 and is expected to reach USD 8,478.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 4.5% by 2030.
  • In terms of segment, hangers accounted for a revenue of USD 2,088.4 million in 2024.
  • Casing Spools is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 6,511.0 million
Market revenue in 2030USD 8,478.9 million
Growth rate4.5% (CAGR from 2025 to 2030)
Largest segmentHangers
Fastest growing segmentCasing Spools
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHangers, Flanges, Master Valve, Casing Head, Casing Spools

Other key industry trends

  • In terms of revenue, the North America accounted for 34.5% of the global wellhead components market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 285.3 million by 2030.

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Wellhead Components Market Companies

Name Profile # Employees HQ Website
TSI Flow Products View profile 101-250 Houston, Texas, United States, North America https://tsiflowproducts.com
Valveworks USA View profile 251-500 Bossier City, Louisiana, United States, North America http://valveworksusa.us
Apache Pressure Products View profile 11-50 Manvel, Texas, United States, North America https://apachemfg.com
G.B. Industry Company View profile 11-50 Friendswood, Texas, United States, North America https://www.gbindustry.com
SLB View profile 11-50 Brno, Jihomoravsky kraj, Czech Republic, Europe https://www.slb.cz
Integrated Software Solutions View profile 11-50 Sydney, New South Wales, Australia, Oceania https://intsoftsol.com
Dawson Forte Cashmere View profile 11-50 Canton, Massachusetts, United States, North America https://www.dawsonforte.com
Acteon Group View profile 1001-5000 Norwich, Norfolk, United Kingdom, Europe http://acteon.com
TSI Incorporated View profile 501-1000 Minnesota City, Minnesota, United States, North America http://www.tsi.com
Halliburton Co View profile 49000 3000 North Sam Houston Parkway East, Houston, TX, United States, 77032 https://www.halliburton.com
Hartmann Holdings View profile - Moscow, Moscow City, Russian Federation, Europe https://www.hartmannholdings.com

Global wellhead components market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wellhead components market will help companies and investors design strategic landscapes.


Hangers was the largest segment with a revenue share of 32.07% in 2024. Horizon Databook has segmented the Global wellhead components market based on hangers, flanges, master valve, casing head, casing spools covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Wellhead Components Product Outlook (Revenue, USD Million, 2018-2030)
    • Hangers
    • Flanges
    • Master Valve
    • Casing Head
    • Casing Spools
    • Others
  • Global Wellhead Components Application Outlook (Revenue, USD Million, 2018-2030)
    • Onshore
    • Offshore

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Horizon Databook provides a detailed overview of global-level data and insights on the Global wellhead components market , including forecasts for subscribers. This global databook contains high-level insights into Global wellhead components market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global wellhead components market size, by regions, 2018-2030 (US$M)

Top 10 countries: Wellhead components market size, 2024 (US$M)

Global wellhead components market share, by product, 2024 & 2030 (%, US$M)

Wellhead components market: Opportunity assessment by country

Global wellhead components market, by region, 2024 (US$M)

Global wellhead components market size, by regions, 2018-2030 (US$M)

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