Global Sucker Rod Market Insights, Forecast to 2025
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 2018 and is projected to reach 860 Million US$ by 2025, at a CAGR of 0.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sucker Rod.
This report presents the worldwide Sucker Rod market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Jiyuan Petroleum Machinery
DADI Petroleum Machinery
Shengli Oilfield Highland
Shengli Oilfield Freet
Sucker Rod Breakdown Data by Type
Steel sucker rod
FRP sucker rod
Hollow sucker rod
Sucker Rod Breakdown Data by Application
No corrosion or effective suppression oil well
Corrosive oil well
Sucker Rod Production by Region
Sucker Rod Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Sucker Rod status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Sucker Rod manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Sucker Rod :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Meters). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sucker Rod market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.