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Global Sucker Rod Market Research Report 2024
Synopsis
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.
The global Sucker Rod market was valued at US$ 855 million in 2023 and is anticipated to reach US$ 955.3 million by 2030, witnessing a CAGR of 1.6% during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Sucker Rod market size, estimations, and forecasts are provided in terms of output/shipments (M Meters) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sucker Rod market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sucker Rod manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Steel Sucker Rod
FRP Sucker Rod
Hollow Sucker Rod
Others
Segment by Application
No Corrosion or Effective Suppression Oil Well
Corrosive Oil Well
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Sucker Rod manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Sucker Rod by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Sucker Rod market was valued at US$ 855 million in 2023 and is anticipated to reach US$ 955.3 million by 2030, witnessing a CAGR of 1.6% during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Sucker Rod market size, estimations, and forecasts are provided in terms of output/shipments (M Meters) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sucker Rod market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sucker Rod manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Steel Sucker Rod
FRP Sucker Rod
Hollow Sucker Rod
Others
Segment by Application
No Corrosion or Effective Suppression Oil Well
Corrosive Oil Well
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Sucker Rod manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Sucker Rod by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Sucker Rod Market Overview
1.1 Product Definition
1.2 Sucker Rod Segment by Type
1.2.1 Global Sucker Rod Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Steel Sucker Rod
1.2.3 FRP Sucker Rod
1.2.4 Hollow Sucker Rod
1.2.5 Others
1.3 Sucker Rod Segment by Application
1.3.1 Global Sucker Rod Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 No Corrosion or Effective Suppression Oil Well
1.3.3 Corrosive Oil Well
1.4 Global Market Growth Prospects
1.4.1 Global Sucker Rod Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Sucker Rod Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Sucker Rod Production Estimates and Forecasts (2019-2030)
1.4.4 Global Sucker Rod Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Sucker Rod Production Market Share by Manufacturers (2019-2024)
2.2 Global Sucker Rod Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Sucker Rod, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Sucker Rod Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Sucker Rod Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Sucker Rod, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Sucker Rod, Product Offered and Application
2.8 Global Key Manufacturers of Sucker Rod, Date of Enter into This Industry
2.9 Sucker Rod Market Competitive Situation and Trends
2.9.1 Sucker Rod Market Concentration Rate
2.9.2 Global 5 and 10 Largest Sucker Rod Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Sucker Rod Production by Region
3.1 Global Sucker Rod Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Sucker Rod Production Value by Region (2019-2030)
3.2.1 Global Sucker Rod Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Sucker Rod by Region (2025-2030)
3.3 Global Sucker Rod Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Sucker Rod Production by Region (2019-2030)
3.4.1 Global Sucker Rod Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Sucker Rod by Region (2025-2030)
3.5 Global Sucker Rod Market Price Analysis by Region (2019-2024)
3.6 Global Sucker Rod Production and Value, Year-over-Year Growth
3.6.1 North America Sucker Rod Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Sucker Rod Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Sucker Rod Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Sucker Rod Production Value Estimates and Forecasts (2019-2030)
4 Sucker Rod Consumption by Region
4.1 Global Sucker Rod Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Sucker Rod Consumption by Region (2019-2030)
4.2.1 Global Sucker Rod Consumption by Region (2019-2024)
4.2.2 Global Sucker Rod Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Sucker Rod Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Sucker Rod Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Sucker Rod Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Sucker Rod Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Sucker Rod Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Sucker Rod Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Sucker Rod Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Sucker Rod Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Sucker Rod Production by Type (2019-2030)
5.1.1 Global Sucker Rod Production by Type (2019-2024)
5.1.2 Global Sucker Rod Production by Type (2025-2030)
5.1.3 Global Sucker Rod Production Market Share by Type (2019-2030)
5.2 Global Sucker Rod Production Value by Type (2019-2030)
5.2.1 Global Sucker Rod Production Value by Type (2019-2024)
5.2.2 Global Sucker Rod Production Value by Type (2025-2030)
5.2.3 Global Sucker Rod Production Value Market Share by Type (2019-2030)
5.3 Global Sucker Rod Price by Type (2019-2030)
6 Segment by Application
6.1 Global Sucker Rod Production by Application (2019-2030)
6.1.1 Global Sucker Rod Production by Application (2019-2024)
6.1.2 Global Sucker Rod Production by Application (2025-2030)
6.1.3 Global Sucker Rod Production Market Share by Application (2019-2030)
6.2 Global Sucker Rod Production Value by Application (2019-2030)
6.2.1 Global Sucker Rod Production Value by Application (2019-2024)
6.2.2 Global Sucker Rod Production Value by Application (2025-2030)
6.2.3 Global Sucker Rod Production Value Market Share by Application (2019-2030)
6.3 Global Sucker Rod Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Tenaris
7.1.1 Tenaris Sucker Rod Corporation Information
7.1.2 Tenaris Sucker Rod Product Portfolio
7.1.3 Tenaris Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Tenaris Main Business and Markets Served
7.1.5 Tenaris Recent Developments/Updates
7.2 Dover
7.2.1 Dover Sucker Rod Corporation Information
7.2.2 Dover Sucker Rod Product Portfolio
7.2.3 Dover Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Dover Main Business and Markets Served
7.2.5 Dover Recent Developments/Updates
7.3 Weatherford
7.3.1 Weatherford Sucker Rod Corporation Information
7.3.2 Weatherford Sucker Rod Product Portfolio
7.3.3 Weatherford Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Weatherford Main Business and Markets Served
7.3.5 Weatherford Recent Developments/Updates
7.4 Nine Ring
7.4.1 Nine Ring Sucker Rod Corporation Information
7.4.2 Nine Ring Sucker Rod Product Portfolio
7.4.3 Nine Ring Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nine Ring Main Business and Markets Served
7.4.5 Nine Ring Recent Developments/Updates
7.5 Kerui Group
7.5.1 Kerui Group Sucker Rod Corporation Information
7.5.2 Kerui Group Sucker Rod Product Portfolio
7.5.3 Kerui Group Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Kerui Group Main Business and Markets Served
7.5.5 Kerui Group Recent Developments/Updates
7.6 Jiyuan Petroleum Machinery
7.6.1 Jiyuan Petroleum Machinery Sucker Rod Corporation Information
7.6.2 Jiyuan Petroleum Machinery Sucker Rod Product Portfolio
7.6.3 Jiyuan Petroleum Machinery Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jiyuan Petroleum Machinery Main Business and Markets Served
7.6.5 Jiyuan Petroleum Machinery Recent Developments/Updates
7.7 Ocher Machinery
7.7.1 Ocher Machinery Sucker Rod Corporation Information
7.7.2 Ocher Machinery Sucker Rod Product Portfolio
7.7.3 Ocher Machinery Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Ocher Machinery Main Business and Markets Served
7.7.5 Ocher Machinery Recent Developments/Updates
7.8 DADI Petroleum Machinery
7.8.1 DADI Petroleum Machinery Sucker Rod Corporation Information
7.8.2 DADI Petroleum Machinery Sucker Rod Product Portfolio
7.8.3 DADI Petroleum Machinery Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.8.4 DADI Petroleum Machinery Main Business and Markets Served
7.7.5 DADI Petroleum Machinery Recent Developments/Updates
7.9 John Crane
7.9.1 John Crane Sucker Rod Corporation Information
7.9.2 John Crane Sucker Rod Product Portfolio
7.9.3 John Crane Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.9.4 John Crane Main Business and Markets Served
7.9.5 John Crane Recent Developments/Updates
7.10 Shengli Oilfield Highland
7.10.1 Shengli Oilfield Highland Sucker Rod Corporation Information
7.10.2 Shengli Oilfield Highland Sucker Rod Product Portfolio
7.10.3 Shengli Oilfield Highland Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shengli Oilfield Highland Main Business and Markets Served
7.10.5 Shengli Oilfield Highland Recent Developments/Updates
7.11 Shengli Oilfield Freet
7.11.1 Shengli Oilfield Freet Sucker Rod Corporation Information
7.11.2 Shengli Oilfield Freet Sucker Rod Product Portfolio
7.11.3 Shengli Oilfield Freet Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shengli Oilfield Freet Main Business and Markets Served
7.11.5 Shengli Oilfield Freet Recent Developments/Updates
7.12 Yanan Shoushan
7.12.1 Yanan Shoushan Sucker Rod Corporation Information
7.12.2 Yanan Shoushan Sucker Rod Product Portfolio
7.12.3 Yanan Shoushan Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Yanan Shoushan Main Business and Markets Served
7.12.5 Yanan Shoushan Recent Developments/Updates
7.13 Dongying TIEREN
7.13.1 Dongying TIEREN Sucker Rod Corporation Information
7.13.2 Dongying TIEREN Sucker Rod Product Portfolio
7.13.3 Dongying TIEREN Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Dongying TIEREN Main Business and Markets Served
7.13.5 Dongying TIEREN Recent Developments/Updates
7.14 Shouguang Kunlong
7.14.1 Shouguang Kunlong Sucker Rod Corporation Information
7.14.2 Shouguang Kunlong Sucker Rod Product Portfolio
7.14.3 Shouguang Kunlong Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Shouguang Kunlong Main Business and Markets Served
7.14.5 Shouguang Kunlong Recent Developments/Updates
7.15 CNPC Equipment
7.15.1 CNPC Equipment Sucker Rod Corporation Information
7.15.2 CNPC Equipment Sucker Rod Product Portfolio
7.15.3 CNPC Equipment Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.15.4 CNPC Equipment Main Business and Markets Served
7.15.5 CNPC Equipment Recent Developments/Updates
7.16 Shandong Molong
7.16.1 Shandong Molong Sucker Rod Corporation Information
7.16.2 Shandong Molong Sucker Rod Product Portfolio
7.16.3 Shandong Molong Sucker Rod Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Shandong Molong Main Business and Markets Served
7.16.5 Shandong Molong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Sucker Rod Industry Chain Analysis
8.2 Sucker Rod Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Sucker Rod Production Mode & Process
8.4 Sucker Rod Sales and Marketing
8.4.1 Sucker Rod Sales Channels
8.4.2 Sucker Rod Distributors
8.5 Sucker Rod Customers
9 Sucker Rod Market Dynamics
9.1 Sucker Rod Industry Trends
9.2 Sucker Rod Market Drivers
9.3 Sucker Rod Market Challenges
9.4 Sucker Rod Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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