The Sucker Rod Market shows signs of renewed vigor in economies worldwide

Oct 8, 2018

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Los Angeles, USA - October 8, 2018 /MarketersMedia/ —

Description

This study focuses on the production side and consumption side of Sucker Rod, presents the global Sucker Rod market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Sucker Rod capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Sucker Rod by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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 Sucker Rod market was valued at 850 Million US$ in 2017 and is projected to reach 860 Million US$ by 2025, at a CAGR of 0.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sucker Rod.

This report includes the following manufacturers; we can also add the other companies as you want.

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

Market Segment by Product Type

Steel sucker rod

FRP sucker rod

Hollow sucker rod

Market Segment by Application

No corrosion or effective suppression oil well

Corrosive oil well

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Source URL: https://marketersmedia.com/the-sucker-rod-market-shows-signs-of-renewed-vigor-in-economies-worldwide/419344

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Source: MarketersMedia

Release ID: 419344

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