Report overview
Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.
This report aims to provide a comprehensive presentation of the global market for Frac Plugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Frac Plugs. This report contains market size and forecasts of Frac Plugs in global, including the following market information:
Global Frac Plugs Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Frac Plugs Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Frac Plugs companies in 2022 (%)
The global Frac Plugs market was valued at US$ 339.6 million in 2022 and is projected to reach US$ 456.1 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Frac Plugs key players include Downhole Technology, BHGE, Schlumberger, Halliburton, Forum Energy Technologies, etc. Global top five manufacturers hold a share about 40%.
North America is the largest market, with a share over 45%, followed by Europe, and Asia-Pacific, both have a share about 35 percent.
In terms of product, Composite Plugs is the largest segment, with a share over 60%. And in terms of application, the largest application is Horizontal Well, followed by Vertical Well.
We surveyed the Frac Plugs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Frac Plugs Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Frac Plugs Market Segment Percentages, by Type, 2022 (%)
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Global Frac Plugs Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Frac Plugs Market Segment Percentages, by Application, 2022 (%)
Vertical Wells
Horizontal Wells
Global Frac Plugs Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Frac Plugs Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Frac Plugs revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Frac Plugs revenues share in global market, 2022 (%)
Key companies Frac Plugs sales in global market, 2018-2023 (Estimated), (Units)
Key companies Frac Plugs sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Nine Energy Service
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Kureha
Outline of Major Chapters:
Chapter 1: Introduces the definition of Frac Plugs, market overview.
Chapter 2: Global Frac Plugs market size in revenue and volume.
Chapter 3: Detailed analysis of Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Frac Plugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Frac Plugs capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
