Global Spherical Rubber Core Annular BOP Market Growth 2025-2031

The global Spherical Rubber Core Annular BOP market size is predicted to grow from US$ 991 million in 2025 to US$ 1518 million in 2031; it is expected to grow at a CAGR of 7.4% from 2025 to 2031.

Spherical Rubber Core Annular BOP is a type of annular BOP. It is a well control device with a hemispherical annular rubber core as the key well sealing component. It has a "short and fat" shape with a slightly lower height and a slightly larger diameter. It is also heavier and has the advantages of good sealing effect and long service life.

The spherical rubber core annular BOP is mainly composed of top cover, shell, piston, rubber core, dust ring, seal and other parts. The spherical rubber core is deformed by compressing it, thereby generating resistance to achieve flow control and stability.

In drilling operations, spherical rubber core annular BOP is widely used in various occasions where wellhead pressure needs to be controlled and formation fluid intrusion prevented. It can not only seal the wellhead, but also provide effective sealing protection during drilling, milling, sleeve grinding, logging and salvaging of well drops.

United States market for Spherical Rubber Core Annular BOP is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Spherical Rubber Core Annular BOP is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Spherical Rubber Core Annular BOP is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Spherical Rubber Core Annular BOP players cover GE Oil & Gas, SLB, NOV, Uztel S.A., Halliburton, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Spherical Rubber Core Annular BOP Industry Forecast” looks at past sales and reviews total world Spherical Rubber Core Annular BOP sales in 2024, providing a comprehensive analysis by region and market sector of projected Spherical Rubber Core Annular BOP sales for 2025 through 2031. With Spherical Rubber Core Annular BOP sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spherical Rubber Core Annular BOP industry.

This Insight Report provides a comprehensive analysis of the global Spherical Rubber Core Annular BOP landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spherical Rubber Core Annular BOP portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Spherical Rubber Core Annular BOP market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spherical Rubber Core Annular BOP and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spherical Rubber Core Annular BOP.

This report presents a comprehensive overview, market shares, and growth opportunities of Spherical Rubber Core Annular BOP market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Bolt Connection
Claw Block Connection

Segmentation by Application:
Onshore Oil Well
Offshore Oil Well

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE Oil & Gas
SLB
NOV
Uztel S.A.
Halliburton
Fountain Petro
Control Flow
MEYER-Fabritech
SK Petro
BOP Products
Cansco Well Control
TSC Group
KERUI Petroleum & Gas
Oilway
INTLEF Oil and Gas Group
Jiangsu Shuangxin Group
Jiangsu Tengwei Petroleum Machinery
Linqu Lisheng Petroleum Mechanism Equipment
Jianhu Longxin Petroleum Machinery
Rizhao Chenhui Rubber & Plastic Products
Yancheng Haolu Machinery
Hebei New Tiehu Petroleum Machinery
Rongsheng Machinery Manufacture Ltd.
Jiangsu Xinde Petroleum Machinery
Shanghai SK Petroleum and Chemical Equipment Corporation Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Spherical Rubber Core Annular BOP market?

What factors are driving Spherical Rubber Core Annular BOP market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Spherical Rubber Core Annular BOP market opportunities vary by end market size?

How does Spherical Rubber Core Annular BOP break out by Type, by Application?

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