The global Dissolvable Frac Plugs market was valued at US$ 279.9 million in 2022 and is projected to reach US$ 513.7 million by 2029, at a CAGR of 9.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Dissolvable 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 Dissolvable Frac Plugs. This report contains market size and forecasts of Dissolvable Frac Plugs in global, including the following market information:
- Global Dissolvable Frac Plugs Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Dissolvable Frac Plugs Market Sales, 2018-2023, 2024-2029, (Units)
- Global top five Dissolvable Frac Plugs companies in 2022 (%)
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.
We surveyed the Dissolvable 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 Dissolvable Frac Plugs Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Dissolvable Frac Plugs Market Segment Percentages, by Type, 2022 (%)
- Small Caliber
- Large Caliber
Global Dissolvable Frac Plugs Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Dissolvable Frac Plugs Market Segment Percentages, by Application, 2022 (%)
- Horizontal Well
- Vertical Well
Global Dissolvable Frac Plugs Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Dissolvable 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 Dissolvable Frac Plugs revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Dissolvable Frac Plugs revenues share in global market, 2022 (%)
- Key companies Dissolvable Frac Plugs sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Dissolvable Frac Plugs sales share in global market, 2022 (%)
key players include:
- Schlumberger
- Halliburton
- Nine Energy Service
- Pyramid Oil Tools
- Innovex Inc.
- NOV Inc.
- CNPC
- Sinopec
- KLX Energy Services
- Expro
- Peak Completion Technologies, Inc.
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Dissolvable Frac Plugs, market overview.
- Chapter 2: Global Dissolvable Frac Plugs market size in revenue and volume.
- Chapter 3: Detailed analysis of Dissolvable 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 Dissolvable 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 Dissolvable 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.
