Tools commonly used in the Sucker Rods & Couplings (Wholesale) industry for day-to-day tasks and operations.

• Sucker rod elevators
• Sucker rod tongs
• Sucker rod guides
• Sucker rod centralizers
• Sucker rod rotators
• Sucker rod strippers
• Sucker rod clamps
• Sucker rod thread protectors
• Sucker rod coupling wrenches
• Sucker rod coupling scrapers
• Sucker rod coupling testers
• Sucker rod coupling lubricators
• Sucker rod coupling gauges
• Sucker rod coupling repair kits
• Sucker rod coupling thread protectors
• Sucker rod coupling centralizers
• Sucker rod coupling strippers
• Sucker rod coupling clamps
• Sucker rod coupling thread chasers

Common products and services typical of NAICS Code 423840-85, illustrating the main business activities and contributions to the market.

• Oil and gas companies
• Drilling contractors
• Oilfield service companies
• Well servicing companies
• Pumping services companies
• Oilfield equipment rental companies
• Oilfield supply companies
• Oilfield construction companies
• Oilfield maintenance companies
• Oilfield inspection companies

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• API Spec 11B: This certification is required for manufacturers of sucker rods and couplings to ensure that their products meet the industry standards set by the American Petroleum Institute (API). The certification covers the design, manufacturing, and testing of sucker rods and couplings. (API, no link available)
• ISO 9001: This certification is a quality management system standard that ensures that the company has a quality management system in place to consistently provide products and services that meet customer and regulatory requirements. (International Organization for Standardization, )
• ISO 14001: This certification is an environmental management system standard that ensures that the company has an environmental management system in place to minimize the environmental impact of its operations. (International Organization for Standardization, )
• OSHA 10-Hour General Industry Training: This certification is required for employees who work in the general industry to ensure that they have a basic understanding of occupational safety and health hazards in the workplace. (Occupational Safety and Health Administration, )
• Hazardous Materials Transportation Training: This certification is required for employees who handle hazardous materials to ensure that they are trained in the proper handling, packaging, and labeling of hazardous materials during transportation. (Department of Transportation, )

A concise historical narrative of NAICS Code 423840-85 covering global milestones and recent developments within the United States.

• The history of the Sucker Rods & Couplings (Wholesale) industry dates back to the early 20th century when the first oil wells were drilled in the United States. The industry was born out of the need for equipment to extract oil from the ground. The first sucker rods were made of wood, but they were soon replaced by steel rods, which were stronger and more durable. In the 1920s, the first couplings were introduced, which allowed for the connection of multiple rods to reach deeper oil reserves. The industry continued to grow throughout the 20th century, with advancements in technology leading to the development of more efficient and durable rods and couplings. In recent years, the industry has faced challenges due to the decline in oil prices, but it has remained resilient and continues to provide essential equipment for the oil and gas industry. In the United States, the Sucker Rods & Couplings (Wholesale) industry has a rich history that is closely tied to the growth of the oil and gas industry. The industry experienced significant growth in the mid-20th century, as oil production in the United States reached record levels. During this time, the industry saw the introduction of new technologies, such as fiberglass rods and couplings, which were lighter and more durable than their steel counterparts. In the late 20th century, the industry faced challenges due to the decline in oil prices and increased competition from foreign suppliers. However, the industry has remained resilient and continues to provide essential equipment for the oil and gas industry in the United States.

The anticipated future trajectory of the NAICS 423840-85 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Sucker Rods & Couplings (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for oil and gas, which is driving the demand for drilling equipment and related products. The industry is also expected to benefit from the increasing adoption of advanced technologies, such as automation and digitalization, which are improving the efficiency and productivity of drilling operations. Additionally, the industry is likely to benefit from the growing focus on environmental sustainability, which is driving the demand for eco-friendly drilling equipment and products. Overall, the Sucker Rods & Couplings (Wholesale) industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Sucker Rods & Couplings (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• The development of advanced sucker rod technologies that improve the efficiency and productivity of drilling operations.
• The introduction of eco-friendly sucker rods and couplings that reduce the environmental impact of drilling operations.
• The adoption of automation and digitalization technologies that improve the accuracy and speed of drilling operations.
• The development of new materials, such as composite materials, that offer improved performance and durability compared to traditional materials.
• The introduction of new product lines, such as corrosion-resistant sucker rods, that address specific customer needs and requirements.