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Global Composite Frac Plugs and Frac Balls Market Research Report 2024
Synopsis
This report focuses on Frac Plugs. Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.
The global Composite Frac Plugs and Frac Balls market was valued at US$ 307.5 million in 2023 and is anticipated to reach US$ 471.2 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
The global frac plugs market was 283.62 million USD in 2017, it is forecast to reach 432.34 million USD in 2023.The global sales of Frac Plugs in 2017 have been over 160.6 K Units; The major consumption regions are North America, Mideast & Africa, Europe, Asia-Pacific, South America. North America is the largest consumption region which accounting for about 54% market share in terms of value in 2017.
This report aims to provide a comprehensive presentation of the global market for Composite Frac Plugs and Frac Balls, 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 Composite Frac Plugs and Frac Balls.
Report Scope
The Composite Frac Plugs and Frac Balls market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Composite Frac Plugs and Frac Balls market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Composite Frac Plugs and Frac Balls manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Segment by Type
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Segment by Application
Vertical Wells
Horizontal Wells
Production by Region
North America
Europe
China
Japan
Consumption 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, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Composite Frac Plugs and Frac Balls manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Composite Frac Plugs and Frac Balls by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Composite Frac Plugs and Frac Balls 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
This report focuses on Frac Plugs. Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.
The global Composite Frac Plugs and Frac Balls market was valued at US$ 307.5 million in 2023 and is anticipated to reach US$ 471.2 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
The global frac plugs market was 283.62 million USD in 2017, it is forecast to reach 432.34 million USD in 2023.The global sales of Frac Plugs in 2017 have been over 160.6 K Units; The major consumption regions are North America, Mideast & Africa, Europe, Asia-Pacific, South America. North America is the largest consumption region which accounting for about 54% market share in terms of value in 2017.
This report aims to provide a comprehensive presentation of the global market for Composite Frac Plugs and Frac Balls, 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 Composite Frac Plugs and Frac Balls.
Report Scope
The Composite Frac Plugs and Frac Balls market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Composite Frac Plugs and Frac Balls market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Composite Frac Plugs and Frac Balls manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Segment by Type
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Segment by Application
Vertical Wells
Horizontal Wells
Production by Region
North America
Europe
China
Japan
Consumption 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, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Composite Frac Plugs and Frac Balls manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Composite Frac Plugs and Frac Balls by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Composite Frac Plugs and Frac Balls 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Composite Frac Plugs and Frac Balls Market Overview
1.1 Product Definition
1.2 Composite Frac Plugs and Frac Balls Segment by Type
1.2.1 Global Composite Frac Plugs and Frac Balls Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Composite Plugs
1.2.3 Dissolvable Plugs
1.2.4 Cast Iron Plugs
1.3 Composite Frac Plugs and Frac Balls Segment by Application
1.3.1 Global Composite Frac Plugs and Frac Balls Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Vertical Wells
1.3.3 Horizontal Wells
1.4 Global Market Growth Prospects
1.4.1 Global Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Composite Frac Plugs and Frac Balls Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Composite Frac Plugs and Frac Balls Production Estimates and Forecasts (2019-2030)
1.4.4 Global Composite Frac Plugs and Frac Balls Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Composite Frac Plugs and Frac Balls Production Market Share by Manufacturers (2019-2024)
2.2 Global Composite Frac Plugs and Frac Balls Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Composite Frac Plugs and Frac Balls, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Composite Frac Plugs and Frac Balls Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Composite Frac Plugs and Frac Balls Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Composite Frac Plugs and Frac Balls, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Composite Frac Plugs and Frac Balls, Product Offered and Application
2.8 Global Key Manufacturers of Composite Frac Plugs and Frac Balls, Date of Enter into This Industry
2.9 Composite Frac Plugs and Frac Balls Market Competitive Situation and Trends
2.9.1 Composite Frac Plugs and Frac Balls Market Concentration Rate
2.9.2 Global 5 and 10 Largest Composite Frac Plugs and Frac Balls Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Composite Frac Plugs and Frac Balls Production by Region
3.1 Global Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Composite Frac Plugs and Frac Balls Production Value by Region (2019-2030)
3.2.1 Global Composite Frac Plugs and Frac Balls Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Composite Frac Plugs and Frac Balls by Region (2025-2030)
3.3 Global Composite Frac Plugs and Frac Balls Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Composite Frac Plugs and Frac Balls Production by Region (2019-2030)
3.4.1 Global Composite Frac Plugs and Frac Balls Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Composite Frac Plugs and Frac Balls by Region (2025-2030)
3.5 Global Composite Frac Plugs and Frac Balls Market Price Analysis by Region (2019-2024)
3.6 Global Composite Frac Plugs and Frac Balls Production and Value, Year-over-Year Growth
3.6.1 North America Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Composite Frac Plugs and Frac Balls Production Value Estimates and Forecasts (2019-2030)
4 Composite Frac Plugs and Frac Balls Consumption by Region
4.1 Global Composite Frac Plugs and Frac Balls Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Composite Frac Plugs and Frac Balls Consumption by Region (2019-2030)
4.2.1 Global Composite Frac Plugs and Frac Balls Consumption by Region (2019-2024)
4.2.2 Global Composite Frac Plugs and Frac Balls Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Composite Frac Plugs and Frac Balls Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Composite Frac Plugs and Frac Balls Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Composite Frac Plugs and Frac Balls Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Composite Frac Plugs and Frac Balls Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Composite Frac Plugs and Frac Balls Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Composite Frac Plugs and Frac Balls Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Composite Frac Plugs and Frac Balls Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Composite Frac Plugs and Frac Balls Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Composite Frac Plugs and Frac Balls Production by Type (2019-2030)
5.1.1 Global Composite Frac Plugs and Frac Balls Production by Type (2019-2024)
5.1.2 Global Composite Frac Plugs and Frac Balls Production by Type (2025-2030)
5.1.3 Global Composite Frac Plugs and Frac Balls Production Market Share by Type (2019-2030)
5.2 Global Composite Frac Plugs and Frac Balls Production Value by Type (2019-2030)
5.2.1 Global Composite Frac Plugs and Frac Balls Production Value by Type (2019-2024)
5.2.2 Global Composite Frac Plugs and Frac Balls Production Value by Type (2025-2030)
5.2.3 Global Composite Frac Plugs and Frac Balls Production Value Market Share by Type (2019-2030)
5.3 Global Composite Frac Plugs and Frac Balls Price by Type (2019-2030)
6 Segment by Application
6.1 Global Composite Frac Plugs and Frac Balls Production by Application (2019-2030)
6.1.1 Global Composite Frac Plugs and Frac Balls Production by Application (2019-2024)
6.1.2 Global Composite Frac Plugs and Frac Balls Production by Application (2025-2030)
6.1.3 Global Composite Frac Plugs and Frac Balls Production Market Share by Application (2019-2030)
6.2 Global Composite Frac Plugs and Frac Balls Production Value by Application (2019-2030)
6.2.1 Global Composite Frac Plugs and Frac Balls Production Value by Application (2019-2024)
6.2.2 Global Composite Frac Plugs and Frac Balls Production Value by Application (2025-2030)
6.2.3 Global Composite Frac Plugs and Frac Balls Production Value Market Share by Application (2019-2030)
6.3 Global Composite Frac Plugs and Frac Balls Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Composite Frac Plugs and Frac Balls Corporation Information
7.1.2 Schlumberger Composite Frac Plugs and Frac Balls Product Portfolio
7.1.3 Schlumberger Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Composite Frac Plugs and Frac Balls Corporation Information
7.2.2 Halliburton Composite Frac Plugs and Frac Balls Product Portfolio
7.2.3 Halliburton Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 BHGE
7.3.1 BHGE Composite Frac Plugs and Frac Balls Corporation Information
7.3.2 BHGE Composite Frac Plugs and Frac Balls Product Portfolio
7.3.3 BHGE Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BHGE Main Business and Markets Served
7.3.5 BHGE Recent Developments/Updates
7.4 Downhole Technology
7.4.1 Downhole Technology Composite Frac Plugs and Frac Balls Corporation Information
7.4.2 Downhole Technology Composite Frac Plugs and Frac Balls Product Portfolio
7.4.3 Downhole Technology Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Downhole Technology Main Business and Markets Served
7.4.5 Downhole Technology Recent Developments/Updates
7.5 Innovex
7.5.1 Innovex Composite Frac Plugs and Frac Balls Corporation Information
7.5.2 Innovex Composite Frac Plugs and Frac Balls Product Portfolio
7.5.3 Innovex Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Innovex Main Business and Markets Served
7.5.5 Innovex Recent Developments/Updates
7.6 Forum Energy Technologies
7.6.1 Forum Energy Technologies Composite Frac Plugs and Frac Balls Corporation Information
7.6.2 Forum Energy Technologies Composite Frac Plugs and Frac Balls Product Portfolio
7.6.3 Forum Energy Technologies Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Forum Energy Technologies Main Business and Markets Served
7.6.5 Forum Energy Technologies Recent Developments/Updates
7.7 NOV
7.7.1 NOV Composite Frac Plugs and Frac Balls Corporation Information
7.7.2 NOV Composite Frac Plugs and Frac Balls Product Portfolio
7.7.3 NOV Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.7.4 NOV Main Business and Markets Served
7.7.5 NOV Recent Developments/Updates
7.8 Magnum Oil Tools
7.8.1 Magnum Oil Tools Composite Frac Plugs and Frac Balls Corporation Information
7.8.2 Magnum Oil Tools Composite Frac Plugs and Frac Balls Product Portfolio
7.8.3 Magnum Oil Tools Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Magnum Oil Tools Main Business and Markets Served
7.7.5 Magnum Oil Tools Recent Developments/Updates
7.9 Weatherford
7.9.1 Weatherford Composite Frac Plugs and Frac Balls Corporation Information
7.9.2 Weatherford Composite Frac Plugs and Frac Balls Product Portfolio
7.9.3 Weatherford Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Weatherford Main Business and Markets Served
7.9.5 Weatherford Recent Developments/Updates
7.10 Rubicon Oilfield International
7.10.1 Rubicon Oilfield International Composite Frac Plugs and Frac Balls Corporation Information
7.10.2 Rubicon Oilfield International Composite Frac Plugs and Frac Balls Product Portfolio
7.10.3 Rubicon Oilfield International Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Rubicon Oilfield International Main Business and Markets Served
7.10.5 Rubicon Oilfield International Recent Developments/Updates
7.11 Sinopec
7.11.1 Sinopec Composite Frac Plugs and Frac Balls Corporation Information
7.11.2 Sinopec Composite Frac Plugs and Frac Balls Product Portfolio
7.11.3 Sinopec Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Sinopec Main Business and Markets Served
7.11.5 Sinopec Recent Developments/Updates
7.12 CNPC
7.12.1 CNPC Composite Frac Plugs and Frac Balls Corporation Information
7.12.2 CNPC Composite Frac Plugs and Frac Balls Product Portfolio
7.12.3 CNPC Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNPC Main Business and Markets Served
7.12.5 CNPC Recent Developments/Updates
7.13 Peak Completion
7.13.1 Peak Completion Composite Frac Plugs and Frac Balls Corporation Information
7.13.2 Peak Completion Composite Frac Plugs and Frac Balls Product Portfolio
7.13.3 Peak Completion Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Peak Completion Main Business and Markets Served
7.13.5 Peak Completion Recent Developments/Updates
7.14 SPT Energy
7.14.1 SPT Energy Composite Frac Plugs and Frac Balls Corporation Information
7.14.2 SPT Energy Composite Frac Plugs and Frac Balls Product Portfolio
7.14.3 SPT Energy Composite Frac Plugs and Frac Balls Production, Value, Price and Gross Margin (2019-2024)
7.14.4 SPT Energy Main Business and Markets Served
7.14.5 SPT Energy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Composite Frac Plugs and Frac Balls Industry Chain Analysis
8.2 Composite Frac Plugs and Frac Balls Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Composite Frac Plugs and Frac Balls Production Mode & Process
8.4 Composite Frac Plugs and Frac Balls Sales and Marketing
8.4.1 Composite Frac Plugs and Frac Balls Sales Channels
8.4.2 Composite Frac Plugs and Frac Balls Distributors
8.5 Composite Frac Plugs and Frac Balls Customers
9 Composite Frac Plugs and Frac Balls Market Dynamics
9.1 Composite Frac Plugs and Frac Balls Industry Trends
9.2 Composite Frac Plugs and Frac Balls Market Drivers
9.3 Composite Frac Plugs and Frac Balls Market Challenges
9.4 Composite Frac Plugs and Frac Balls Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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