Global Sucker Rod Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Sucker Rod market size will reach 949.47 Million USD in 2025 and is projected to reach 1,053.04 Million USD by 2032, with a CAGR of 1.49% (2025-2032). Notably, the China Sucker Rod market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

A sucker rod is a long, slender, metal rod used in the oil and gas industry as part of a pumpjack system to extract oil or natural gas from underground reservoirs. Also known as a pump rod or oil well rod, a sucker rod connects the pump at the surface to the downhole pump assembly located inside the well. The pumpjack system operates by mechanically lifting the sucker rod assembly, which in turn raises and lowers the downhole pump to bring oil or gas to the surface. Sucker rods are typically made of high-strength steel and come in various lengths and diameters to suit different well depths and production requirements. They must be durable and flexible enough to withstand the stresses and pressures encountered during pumping operations. Sucker rods play a critical role in the production process of oil and gas wells, providing the mechanical means to extract hydrocarbons from the reservoir to the surface for processing and distribution.

The major global  manufacturers of Sucker Rod 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, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Sucker Rod. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sucker Rod market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Sucker Rod market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sucker Rod industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Sucker Rod 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

Sucker Rod Product Segment Include:

Steel Sucker Rod

FRP Sucker Rod

Hollow Sucker Rod

Others

Sucker Rod Product Application Include:

No Corrosion or Effective Suppression Oil Well

Corrosive Oil Well

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Sucker Rod Industry PESTEL Analysis

Chapter 3: Global Sucker Rod Industry Porter's Five Forces Analysis

Chapter 4: Global Sucker Rod Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Sucker Rod Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Sucker Rod Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Sucker Rod Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources