The global API Grade Sucker Rods market size was valued at US$ million in 2023. With growing demand in downstream market, the API Grade Sucker Rods is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global API Grade Sucker Rods market. API Grade Sucker Rods are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of API Grade Sucker Rods. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the API Grade Sucker Rods market.
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.
North America and the Middle East have great demand.
Key Features:
The report on API Grade Sucker Rods market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the API Grade Sucker Rods market. It may include historical data, market segmentation by Type (e.g., Steel Sucker Rod, FRP Sucker Rod), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the API Grade Sucker Rods market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the API Grade Sucker Rods market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the API Grade Sucker Rods industry. This include advancements in API Grade Sucker Rods technology, API Grade Sucker Rods new entrants, API Grade Sucker Rods new investment, and other innovations that are shaping the future of API Grade Sucker Rods.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the API Grade Sucker Rods market. It includes factors influencing customer ' purchasing decisions, preferences for API Grade Sucker Rods product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the API Grade Sucker Rods market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting API Grade Sucker Rods market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the API Grade Sucker Rods market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the API Grade Sucker Rods industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the API Grade Sucker Rods market.
Market Segmentation:
API Grade Sucker Rods market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Steel Sucker Rod
FRP Sucker Rod
Hollow Sucker Rod
Others
Segmentation by application
Oil & Gas
Mining
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tenaris
Dover
Weatherford
Ocher Machinery
Shandong JACK
Nine Ring
Jiyuan Petroleum Machinery
John Crane
DADI Petroleum Machinery
Shengli Oilfield Highland
Shengli Oilfield Freet
Yanan Shoushan
Dongying TIEREN
Shouguang Kunlong
CNPC Bohai Equipment
Shandong Molong
LUFKIN Industries
Exceed
Key Questions Addressed in this Report
What is the 10-year outlook for the global API Grade Sucker Rods market?
What factors are driving API Grade Sucker Rods market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do API Grade Sucker Rods market opportunities vary by end market size?
How does API Grade Sucker Rods break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global API Grade Sucker Rods Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for API Grade Sucker Rods by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for API Grade Sucker Rods by Country/Region, 2019, 2023 & 2030
2.2 API Grade Sucker Rods Segment by Type
2.2.1 Steel Sucker Rod
2.2.2 FRP Sucker Rod
2.2.3 Hollow Sucker Rod
2.2.4 Others
2.3 API Grade Sucker Rods Sales by Type
2.3.1 Global API Grade Sucker Rods Sales Market Share by Type (2019-2024)
2.3.2 Global API Grade Sucker Rods Revenue and Market Share by Type (2019-2024)
2.3.3 Global API Grade Sucker Rods Sale Price by Type (2019-2024)
2.4 API Grade Sucker Rods Segment by Application
2.4.1 Oil & Gas
2.4.2 Mining
2.4.3 Transportation
2.4.4 Others
2.5 API Grade Sucker Rods Sales by Application
2.5.1 Global API Grade Sucker Rods Sale Market Share by Application (2019-2024)
2.5.2 Global API Grade Sucker Rods Revenue and Market Share by Application (2019-2024)
2.5.3 Global API Grade Sucker Rods Sale Price by Application (2019-2024)
3 Global API Grade Sucker Rods by Company
3.1 Global API Grade Sucker Rods Breakdown Data by Company
3.1.1 Global API Grade Sucker Rods Annual Sales by Company (2019-2024)
3.1.2 Global API Grade Sucker Rods Sales Market Share by Company (2019-2024)
3.2 Global API Grade Sucker Rods Annual Revenue by Company (2019-2024)
3.2.1 Global API Grade Sucker Rods Revenue by Company (2019-2024)
3.2.2 Global API Grade Sucker Rods Revenue Market Share by Company (2019-2024)
3.3 Global API Grade Sucker Rods Sale Price by Company
3.4 Key Manufacturers API Grade Sucker Rods Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers API Grade Sucker Rods Product Location Distribution
3.4.2 Players API Grade Sucker Rods Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for API Grade Sucker Rods by Geographic Region
4.1 World Historic API Grade Sucker Rods Market Size by Geographic Region (2019-2024)
4.1.1 Global API Grade Sucker Rods Annual Sales by Geographic Region (2019-2024)
4.1.2 Global API Grade Sucker Rods Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic API Grade Sucker Rods Market Size by Country/Region (2019-2024)
4.2.1 Global API Grade Sucker Rods Annual Sales by Country/Region (2019-2024)
4.2.2 Global API Grade Sucker Rods Annual Revenue by Country/Region (2019-2024)
4.3 Americas API Grade Sucker Rods Sales Growth
4.4 APAC API Grade Sucker Rods Sales Growth
4.5 Europe API Grade Sucker Rods Sales Growth
4.6 Middle East & Africa API Grade Sucker Rods Sales Growth
5 Americas
5.1 Americas API Grade Sucker Rods Sales by Country
5.1.1 Americas API Grade Sucker Rods Sales by Country (2019-2024)
5.1.2 Americas API Grade Sucker Rods Revenue by Country (2019-2024)
5.2 Americas API Grade Sucker Rods Sales by Type
5.3 Americas API Grade Sucker Rods Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC API Grade Sucker Rods Sales by Region
6.1.1 APAC API Grade Sucker Rods Sales by Region (2019-2024)
6.1.2 APAC API Grade Sucker Rods Revenue by Region (2019-2024)
6.2 APAC API Grade Sucker Rods Sales by Type
6.3 APAC API Grade Sucker Rods Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe API Grade Sucker Rods by Country
7.1.1 Europe API Grade Sucker Rods Sales by Country (2019-2024)
7.1.2 Europe API Grade Sucker Rods Revenue by Country (2019-2024)
7.2 Europe API Grade Sucker Rods Sales by Type
7.3 Europe API Grade Sucker Rods Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa API Grade Sucker Rods by Country
8.1.1 Middle East & Africa API Grade Sucker Rods Sales by Country (2019-2024)
8.1.2 Middle East & Africa API Grade Sucker Rods Revenue by Country (2019-2024)
8.2 Middle East & Africa API Grade Sucker Rods Sales by Type
8.3 Middle East & Africa API Grade Sucker Rods Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of API Grade Sucker Rods
10.3 Manufacturing Process Analysis of API Grade Sucker Rods
10.4 Industry Chain Structure of API Grade Sucker Rods
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 API Grade Sucker Rods Distributors
11.3 API Grade Sucker Rods Customer
12 World Forecast Review for API Grade Sucker Rods by Geographic Region
12.1 Global API Grade Sucker Rods Market Size Forecast by Region
12.1.1 Global API Grade Sucker Rods Forecast by Region (2025-2030)
12.1.2 Global API Grade Sucker Rods Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global API Grade Sucker Rods Forecast by Type
12.7 Global API Grade Sucker Rods Forecast by Application
13 Key Players Analysis
13.1 Tenaris
13.1.1 Tenaris Company Information
13.1.2 Tenaris API Grade Sucker Rods Product Portfolios and Specifications
13.1.3 Tenaris API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Tenaris Main Business Overview
13.1.5 Tenaris Latest Developments
13.2 Dover
13.2.1 Dover Company Information
13.2.2 Dover API Grade Sucker Rods Product Portfolios and Specifications
13.2.3 Dover API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Dover Main Business Overview
13.2.5 Dover Latest Developments
13.3 Weatherford
13.3.1 Weatherford Company Information
13.3.2 Weatherford API Grade Sucker Rods Product Portfolios and Specifications
13.3.3 Weatherford API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Weatherford Main Business Overview
13.3.5 Weatherford Latest Developments
13.4 Ocher Machinery
13.4.1 Ocher Machinery Company Information
13.4.2 Ocher Machinery API Grade Sucker Rods Product Portfolios and Specifications
13.4.3 Ocher Machinery API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Ocher Machinery Main Business Overview
13.4.5 Ocher Machinery Latest Developments
13.5 Shandong JACK
13.5.1 Shandong JACK Company Information
13.5.2 Shandong JACK API Grade Sucker Rods Product Portfolios and Specifications
13.5.3 Shandong JACK API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Shandong JACK Main Business Overview
13.5.5 Shandong JACK Latest Developments
13.6 Nine Ring
13.6.1 Nine Ring Company Information
13.6.2 Nine Ring API Grade Sucker Rods Product Portfolios and Specifications
13.6.3 Nine Ring API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Nine Ring Main Business Overview
13.6.5 Nine Ring Latest Developments
13.7 Jiyuan Petroleum Machinery
13.7.1 Jiyuan Petroleum Machinery Company Information
13.7.2 Jiyuan Petroleum Machinery API Grade Sucker Rods Product Portfolios and Specifications
13.7.3 Jiyuan Petroleum Machinery API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Jiyuan Petroleum Machinery Main Business Overview
13.7.5 Jiyuan Petroleum Machinery Latest Developments
13.8 John Crane
13.8.1 John Crane Company Information
13.8.2 John Crane API Grade Sucker Rods Product Portfolios and Specifications
13.8.3 John Crane API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 John Crane Main Business Overview
13.8.5 John Crane Latest Developments
13.9 DADI Petroleum Machinery
13.9.1 DADI Petroleum Machinery Company Information
13.9.2 DADI Petroleum Machinery API Grade Sucker Rods Product Portfolios and Specifications
13.9.3 DADI Petroleum Machinery API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 DADI Petroleum Machinery Main Business Overview
13.9.5 DADI Petroleum Machinery Latest Developments
13.10 Shengli Oilfield Highland
13.10.1 Shengli Oilfield Highland Company Information
13.10.2 Shengli Oilfield Highland API Grade Sucker Rods Product Portfolios and Specifications
13.10.3 Shengli Oilfield Highland API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Shengli Oilfield Highland Main Business Overview
13.10.5 Shengli Oilfield Highland Latest Developments
13.11 Shengli Oilfield Freet
13.11.1 Shengli Oilfield Freet Company Information
13.11.2 Shengli Oilfield Freet API Grade Sucker Rods Product Portfolios and Specifications
13.11.3 Shengli Oilfield Freet API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Shengli Oilfield Freet Main Business Overview
13.11.5 Shengli Oilfield Freet Latest Developments
13.12 Yanan Shoushan
13.12.1 Yanan Shoushan Company Information
13.12.2 Yanan Shoushan API Grade Sucker Rods Product Portfolios and Specifications
13.12.3 Yanan Shoushan API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Yanan Shoushan Main Business Overview
13.12.5 Yanan Shoushan Latest Developments
13.13 Dongying TIEREN
13.13.1 Dongying TIEREN Company Information
13.13.2 Dongying TIEREN API Grade Sucker Rods Product Portfolios and Specifications
13.13.3 Dongying TIEREN API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Dongying TIEREN Main Business Overview
13.13.5 Dongying TIEREN Latest Developments
13.14 Shouguang Kunlong
13.14.1 Shouguang Kunlong Company Information
13.14.2 Shouguang Kunlong API Grade Sucker Rods Product Portfolios and Specifications
13.14.3 Shouguang Kunlong API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Shouguang Kunlong Main Business Overview
13.14.5 Shouguang Kunlong Latest Developments
13.15 CNPC Bohai Equipment
13.15.1 CNPC Bohai Equipment Company Information
13.15.2 CNPC Bohai Equipment API Grade Sucker Rods Product Portfolios and Specifications
13.15.3 CNPC Bohai Equipment API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 CNPC Bohai Equipment Main Business Overview
13.15.5 CNPC Bohai Equipment Latest Developments
13.16 Shandong Molong
13.16.1 Shandong Molong Company Information
13.16.2 Shandong Molong API Grade Sucker Rods Product Portfolios and Specifications
13.16.3 Shandong Molong API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Shandong Molong Main Business Overview
13.16.5 Shandong Molong Latest Developments
13.17 LUFKIN Industries
13.17.1 LUFKIN Industries Company Information
13.17.2 LUFKIN Industries API Grade Sucker Rods Product Portfolios and Specifications
13.17.3 LUFKIN Industries API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 LUFKIN Industries Main Business Overview
13.17.5 LUFKIN Industries Latest Developments
13.18 Exceed
13.18.1 Exceed Company Information
13.18.2 Exceed API Grade Sucker Rods Product Portfolios and Specifications
13.18.3 Exceed API Grade Sucker Rods Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Exceed Main Business Overview
13.18.5 Exceed Latest Developments
14 Research Findings and Conclusion
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*If Applicable.