Los Angeles, CA -- (SBWIRE) -- 02/16/2019 -- This report studies the Sucker Rod market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.

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For industry structure analysis, the Sucker Rod industry is relatively dispersed. The top five producers account for about 30.70% of the revenue market. Regionally, China is the biggest production area of Sucker Rod, also the leader in the whole sucker rod industry.

The global Sucker Rod market was 850 million US$ in 2017 and is expected to 860 million US$ by the end of 2025, growing at a CAGR of 0.1% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Sucker Rod in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico), Europe (Germany, UK, France, Italy, Russia and Turkey etc.), Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam), South America (Brazil etc.), Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market 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

By the product type, the market is primarily split into

Steel sucker rod, FRP sucker rod, Hollow sucker rod

By the end users/application, this report covers the following segments

No corrosion or effective suppression oil well, Corrosive oil well

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