| Product Code: ETC6740794 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China crown block import shipments in 2024 continued to see strong growth, with top exporting countries being Germany, Italy, India, Mexico, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, but the impressive Compound Annual Growth Rate (CAGR) of 12.08% from 2020-2024 highlights sustained expansion. Despite a slight dip in the growth rate from 2023-2024 at -3.17%, the overall trend remains positive, showcasing the importance of these imports in China market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Crown Block Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Crown Block Market Revenues & Volume, 2021 & 2031F |
3.3 China Crown Block Market - Industry Life Cycle |
3.4 China Crown Block Market - Porter's Five Forces |
3.5 China Crown Block Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 China Crown Block Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Crown Block Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in oil and gas exploration and production activities in China. |
4.2.2 Growing demand for energy worldwide, leading to higher demand for oil and gas. |
4.2.3 Technological advancements in the design and manufacturing of crown blocks, improving efficiency and reliability. |
4.3 Market Restraints |
4.3.1 Fluctuations in crude oil prices impacting the overall investment and expenditure in the oil and gas sector. |
4.3.2 Regulatory challenges and policies affecting the oil and gas industry in China. |
4.3.3 Competition from alternative energy sources impacting the demand for traditional oil and gas extraction methods. |
5 China Crown Block Market Trends |
6 China Crown Block Market, By Types |
6.1 China Crown Block Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 China Crown Block Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 China Crown Block Market Revenues & Volume, By Under 30T, 2021- 2031F |
6.1.4 China Crown Block Market Revenues & Volume, By 30T-100T, 2021- 2031F |
6.1.5 China Crown Block Market Revenues & Volume, By Above 100T, 2021- 2031F |
6.2 China Crown Block Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Crown Block Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 China Crown Block Market Revenues & Volume, By Offshore, 2021- 2031F |
7 China Crown Block Market Import-Export Trade Statistics |
7.1 China Crown Block Market Export to Major Countries |
7.2 China Crown Block Market Imports from Major Countries |
8 China Crown Block Market Key Performance Indicators |
8.1 Average utilization rate of crown blocks in China. |
8.2 Number of new oil and gas exploration projects in China. |
8.3 Percentage of maintenance downtime for crown blocks in operation. |
8.4 Adoption rate of advanced technology in crown block manufacturing processes. |
8.5 Percentage of revenue allocated to research and development in the crown block sector. |
9 China Crown Block Market - Opportunity Assessment |
9.1 China Crown Block Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 China Crown Block Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Crown Block Market - Competitive Landscape |
10.1 China Crown Block Market Revenue Share, By Companies, 2024 |
10.2 China Crown Block Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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