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The dissolvable frac plug operates like a traditional frac plug and can be set anywhere in the wellbore to isolate individual zones. The dissolvable frac plug is composed of a high-strength metal that degrades completely in wellbore fluids.
The global market for Dissolvable Frac Plugs was estimated to be worth US$ 272 million in 2023 and is forecast to a readjusted size of US$ 513.1 million by 2030 with a CAGR of 9.5% during the forecast period 2024-2030
Global core dissolvable frac plugs manufacturers include Schlumberger, Halliburton etc.The top 5 companies hold a share about 55%. North America is the largest market, with a share about 67%, followed by Asia Pacific and Europe with the share about 11% and 11%.In terms of product, small caliber is the largest segment, with a share over 88%. And in terms of application, the largest application is horizontal well, followed by vertical well.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Dissolvable Frac Plugs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Dissolvable Frac Plugs by region & country, by Type, and by Application.
The Dissolvable Frac Plugs market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Dissolvable Frac Plugs.
Market Segmentation
By Company
Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Segment by Type
:
Small Caliber
Large Caliber
Segment by Application
Horizontal Well
Vertical Well
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Dissolvable Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Dissolvable Frac Plugs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Dissolvable Frac Plugs in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for Dissolvable Frac Plugs was estimated to be worth US$ 272 million in 2023 and is forecast to a readjusted size of US$ 513.1 million by 2030 with a CAGR of 9.5% during the forecast period 2024-2030
Global core dissolvable frac plugs manufacturers include Schlumberger, Halliburton etc.The top 5 companies hold a share about 55%. North America is the largest market, with a share about 67%, followed by Asia Pacific and Europe with the share about 11% and 11%.In terms of product, small caliber is the largest segment, with a share over 88%. And in terms of application, the largest application is horizontal well, followed by vertical well.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Dissolvable Frac Plugs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Dissolvable Frac Plugs by region & country, by Type, and by Application.
The Dissolvable Frac Plugs market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Dissolvable Frac Plugs.
Market Segmentation
By Company
Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Segment by Type
:
Small Caliber
Large Caliber
Segment by Application
Horizontal Well
Vertical Well
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Dissolvable Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Dissolvable Frac Plugs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Dissolvable Frac Plugs in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
