The Global Sucker Rod Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
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.
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.
According to this study, over the next five years the Sucker Rod market will register a 0.2% CAGR in terms of revenue, the global market size will reach US$ 860 million by 2024, from US$ 850 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sucker Rod business, shared in Chapter 3.
Browse the complete Sucker Rod market Report and TOC @ https://www.decisiondatabases.com/ip/19855-sucker-rod-market-analysis-report
The key manufacturers covered in this report:
- 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
Segmentation by product type:
- Steel sucker rod
- FRP sucker rod
- Hollow sucker rod
Segmentation by application:
- No corrosion or effective suppression oil well
- Corrosive oil well
This report also splits the market by region:
- United States
Download Free Sample Report of Global Sucker Rod Market Report @ https://www.decisiondatabases.com/contact/download-sample-19855
- To study and analyze the global Sucker Rod consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Sucker Rod market by identifying its various subsegments.
- Focuses on the key global Sucker Rod manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Sucker Rod with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Sucker Rod submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Purchase the complete Global Sucker Rod Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-19855
Other Reports by DecisionDatabases.com:
2017-2022 United States Sucker Rod Market Report (Status and Outlook) @ https://www.decisiondatabases.com/ip/19869-united-states-sucker-rod-market-analysis-report
DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.