Sucker Rod Market

Sucker rod is the common equipment in the oil extraction. It is manufactured through many processes including the testing, straightening and forging. The sucker rod is placed between the polished rod and oil well pump. To deliver power, Sucker rod is manufactured from high quality carbon steel and alloy steel, which is conform to the API Spec 11B standard. Sucker rod has various types including the common sucker rod, hollow sucker rod and FRP sucker rod rod. Commonly we use the sucker rod coupling to connect the sucker rod. The sucker rod also has various specs to fit different environments and applications.
Sucker Rod Market aims to provide a comprehensive presentation of the global market for Sucker Rod, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sucker Rod. Sucker Rod Market contains market size and forecasts of Sucker Rod in global, including the following market information:
Global Sucker Rod Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Sucker Rod Market Sales, 2018-2023, 2024-2029, (M Meters)
Global top five Sucker Rod companies in 2022 (%)
The global Sucker Rod market was valued at US$ 879.8 million in 2022 and is projected to reach US$ 978.5 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For industry structure analysis, the Sucker Rod industry is relatively dispersed. The top five producers are Tenaris, Dover, Weatherford, Nine Ring and Kerui Group, account for about 30% of the revenue market. Regionally, China is the biggest production area of Sucker Rod, also the leader in the whole sucker rod industry.
We surveyed the Sucker Rod manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sucker Rod Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Meters)
Global Sucker Rod Market Segment Percentages, by Type, 2022 (%)
Steel Sucker Rod
FRP Sucker Rod
Hollow Sucker Rod
Others
Global Sucker Rod Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Meters)
Global Sucker Rod Market Segment Percentages, by Application, 2022 (%)
No Corrosion or Effective Suppression Oil Well
Corrosive Oil Well
Global Sucker Rod Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Meters)
Global Sucker Rod Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sucker Rod revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Sucker Rod revenues share in global market, 2022 (%)
Key companies Sucker Rod sales in global market, 2018-2023 (Estimated), (M Meters)
Key companies Sucker Rod sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tenaris
Dover
Weatherford
Nine Ring
Kerui Group
Jiyuan Petroleum Machinery
Ocher Machinery
DADI Petroleum Machinery
John Crane
Shengli Oilfield Highland
Shengli Oilfield Freet
Yanan Shoushan
Dongying TIEREN
Shouguang Kunlong
CNPC Equipment
Shandong Molong
Outline of Major Chapters:
Chapter 1: Introduces the definition of Sucker Rod, market overview.
Chapter 2: Global Sucker Rod market size in revenue and volume.
Chapter 3: Detailed analysis of Sucker Rod manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Sucker Rod in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Sucker Rod capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.