This report focuses on Frac Plugs. Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.
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.
In the future, the growing safety awareness will play an important role in the development of the Frac Plugs. In the future, if any company wants to enter into the industry, the new type of product will be an important feature. We forecast that the global Frac Plugs market will average grow at of 6.4 % from 2018 to 2023 in terms of value.
In 2019, the market size of Composite Frac Plugs and Frac Balls is 320 million US$ and it will reach 470 million US$ in 2025, growing at a CAGR of 5.8% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Composite Frac Plugs and Frac Balls.
This report studies the global market size of Composite Frac Plugs and Frac Balls, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Composite Frac Plugs and Frac Balls production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Market Segment by Product Type
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Market Segment by Application
Vertical Wells
Horizontal Wells
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Composite Frac Plugs and Frac Balls status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Composite Frac Plugs and Frac Balls manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Composite Frac Plugs and Frac Balls are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Composite Frac Plugs and Frac Balls. Industry analysis & Market Report on Composite Frac Plugs and Frac Balls is a syndicated market report, published as Global (United States, European Union and China) Composite Frac Plugs and Frac Balls Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Composite Frac Plugs and Frac Balls market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.