MarkWide Research


Sucker Rod Market Analysis 2022-2030

Published Date: July, 2022
No of Pages: 171
Delivery Format: PDF+ Excel


Sucker Rod Market Analysis

A sucker rod is a common device used in the extraction of oil. It is produced through various methods, including testing, straightening, and forging. It is positioned between the polished rod and the oil well pump. To provide power, the Sucker rod is manufactured with high-quality carbon and alloy steel which conforms to an API standard Spec11B. Typically, we utilize a sucker rod coupling to join the rod. The sucker rod has diverse specifications to suit various settings and applications.

For analysis of industry structure, This industry is relatively scattered. The top five manufacturers include Tenaris, Dover, Weatherford, Nine Ring, and Kerui Group, accounting for approximately 30 percent of the revenue market. Regionally, China is the biggest production region in this market and the top producer in the entire sucker rod market.

Global Sucker Rods Market Information and Forecast until 2028

This report gives an up-to-date analysis of the worldwide market conditions, the latest developments, drivers, and overall market conditions. The report provides profiles of the companies, as well as details on significant market participants, including key companies, revenues and market share.

The report reveals market size, suppliers, manufacturers, distributors, sales prices, demand, product types, recent developments and plans, challenges, risks, and obstacles.

The sucker rod is the most common device used in extraction of oil. It is made by various procedures, such as testing, straightening, and forging. It is put on top of the polish rod of the oil well pump. To provide power, the Sucker rod is manufactured with high-quality carbon and alloy steel in line with the API Specific 11B. Sucker rod is available in various forms, such as in standard form, hollow form, and FRP form. Typically, we utilize a sucker rod coupling for connecting with the sucker rod. It can also have different specifications to accommodate various environments and needs.

Global Sucker Rod Market: Segment Analysis

The research report has specific segments for each region (country) and by type of company and Application. The study gives information on the revenue and sales for the historical and forecasted timeframe of 2016-2028. Understanding the different segments assists in recognizing the significance of various factors that contribute to the market’s growth.

A global Sucker Rod size is projected to increase to USD 938.6 million by 2028. This will grow by a CAGR of 1.7 percent over the study time.

International Market: Drivers and Restraints

The research report incorporates the analysis of various variables which boost the market’s growth. It includes trends, limitations, and drivers that alter the market either in an upward or downward direction. The section also outlines an overview of the various areas and applications that could affect future market developments shortly.

The comprehensive information is based on the current trends and historical milestones. This section provides information on the global market’s production and every kind from 2016 until 2027.

The report also outlines the volume produced in each region between 2016 and 2027. The pricing analysis is part of the report for each type of product from 2016 through 2027, producer between 2016 and 2021, the region from 2016 to 2021, and the global price from 2016 to 2027.

A comprehensive analysis of the constraints outlined in the report reveals the difference between the drivers and allows for strategic strategy. Aspects that hinder the market’s expansion are vital because they can develop different avenues for getting the most lucrative opportunities in the constantly growing market. In addition, information about the views of experts in the market has been used to help understand the market more thoroughly.

Segment Analysis of Sucker Rods Market:

According to MWR, The report contains specific segments for each region (country) by the manufacturer according to Type, Region, and Application. Each type of segment provides information on the production forecast from 2016 to 2027. The segment by Application provides consumption information for the time frame of 2016-2027. It understands the different segments and assists in determining the significance of various factors contributing to the market’s growth.

sucker rod

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Segment by Type

  • Steel Sucker Rod
  • FRP Sucker Rod
  • Hollow Sucker Rod
  • Other

Segmentation by Application

  • No corrosion or effective suppression Oil Well
  • Corrosive Oil Well

By Company

  • Tenaris
  • Dover
  • Weatherford
  • Nine Ring
  • Kerui Group
  • Jiyuan Petroleum Machinery
  • Other Machinery
  • DADI Petroleum Machinery
  • John Crane
  • Shengli Oilfield Highland
  • Shengli Oilfield Freet
  • Yanan Shoushan
  • Dongying TIEREN
  • Shouguang Kunlong
  • CNPC Equipment
  • Shandong Molong

Production by Region

  • North America
  • Europe
  • China
  • Japan

Consumption by Region
North America
The U.S.
The U.K.
South Korea
Latin America
Middle East & Africa
Saudi Arabia


Table of Content

1 Sucker Rod Market Overview
1.1 Product Overview and Scope of Sucker Rod
1.2 Sucker Rod Segment by Type
1.2.1 Global Sucker Rod Market Size Growth Rate Analysis by Type 2021 VS 2027
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 Consumption Comparison by Application: 2016 VS 2021 VS 2027
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 Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Sucker Rod Production Estimates and Forecasts (2016-2027)
1.5 Global Market Size by Region
1.5.1 Global Sucker Rod Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027
1.5.2 North America Sucker Rod Estimates and Forecasts (2016-2027)
1.5.3 Europe Sucker Rod Estimates and Forecasts (2016-2027)
1.5.4 China Sucker Rod Estimates and Forecasts (2016-2027)
1.5.5 Japan Sucker Rod Estimates and Forecasts (2016-2027)

2 Market Competition by Manufacturers
2.1 Global Sucker Rod Production Market Share by Manufacturers (2016-2021)
2.2 Global Sucker Rod Revenue Market Share by Manufacturers (2016-2021)
2.3 Sucker Rod Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Sucker Rod Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Sucker Rod Production Sites, Area Served, Product Types
2.6 Sucker Rod Market Competitive Situation and Trends
2.6.1 Sucker Rod Market Concentration Rate
2.6.2 Global 5 and 10 Largest Sucker Rod Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production and Capacity by Region
3.1 Global Production of Sucker Rod Market Share by Region (2016-2021)
3.2 Global Sucker Rod Revenue Market Share by Region (2016-2021)
3.3 Global Sucker Rod Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Sucker Rod Production
3.4.1 North America Sucker Rod Production Growth Rate (2016-2021)
3.4.2 North America Sucker Rod Production, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Sucker Rod Production
3.5.1 Europe Sucker Rod Production Growth Rate (2016-2021)
3.5.2 Europe Sucker Rod Production, Revenue, Price and Gross Margin (2016-2021)
3.6 China Sucker Rod Production
3.6.1 China Sucker Rod Production Growth Rate (2016-2021)
3.6.2 China Sucker Rod Production, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Sucker Rod Production
3.7.1 Japan Sucker Rod Production Growth Rate (2016-2021)
3.7.2 Japan Sucker Rod Production, Revenue, Price and Gross Margin (2016-2021)

4 Global Sucker Rod Consumption by Region
4.1 Global Sucker Rod Consumption by Region
4.1.1 Global Sucker Rod Consumption by Region
4.1.2 Global Sucker Rod Consumption Market Share by Region
4.2 North America
4.2.1 North America Sucker Rod Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Sucker Rod Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Sucker Rod Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Sucker Rod Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

5 Production, Revenue, Price Trend by Type
5.1 Global Sucker Rod Production Market Share by Type (2016-2021)
5.2 Global Sucker Rod Revenue Market Share by Type (2016-2021)
5.3 Global Sucker Rod Price by Type (2016-2021)

6 Consumption Analysis by Application
6.1 Global Sucker Rod Consumption Market Share by Application (2016-2021)
6.2 Global Sucker Rod Consumption Growth Rate by Application (2016-2021)

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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
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, Revenue, Price and Gross Margin (2016-2021)
7.16.4 Shandong Molong Main Business and Markets Served
7.16.5 Shandong Molong Recent Developments/Updates

8 Sucker Rod Manufacturing Cost Analysis
8.1 Sucker Rod Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Sucker Rod
8.4 Sucker Rod Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Sucker Rod Distributors List
9.3 Sucker Rod Customers

10 Market Dynamics
10.1 Sucker Rod Industry Trends
10.2 Sucker Rod Growth Drivers
10.3 Sucker Rod Market Challenges
10.4 Sucker Rod Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Sucker Rod by Region (2022-2027)
11.2 North America Sucker Rod Production, Revenue Forecast (2022-2027)
11.3 Europe Sucker Rod Production, Revenue Forecast (2022-2027)
11.4 China Sucker Rod Production, Revenue Forecast (2022-2027)
11.5 Japan Sucker Rod Production, Revenue Forecast (2022-2027)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Sucker Rod
12.2 North America Forecasted Consumption of Sucker Rod by Country
12.3 Europe Market Forecasted Consumption of Sucker Rod by Country
12.4 Asia Pacific Market Forecasted Consumption of Sucker Rod by Region
12.5 Latin America Forecasted Consumption of Sucker Rod by Country

13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.1.1 Global Forecasted Production of Sucker Rod by Type (2022-2027)
13.1.2 Global Forecasted Revenue of Sucker Rod by Type (2022-2027)
13.1.3 Global Forecasted Price of Sucker Rod by Type (2022-2027)
13.2 Global Forecasted Consumption of Sucker Rod by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

Market Players

  • Tenaris
  • Dover
  • Weatherford
  • Nine Ring
  • Kerui Group
  • Jiyuan Petroleum Machinery
  • DADI Petroleum Machinery
  • John Crane
  • Shengli Oilfield Highland
  • Shengli Oilfield Freet
  • Yanan Shoushan
  • Dongying TIEREN
  • Shouguang Kunlong
  • CNPC Equipment
  • Shandong Molong
  • Others

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