Global Frac Plugs Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.

According to APO Research, The global Frac Plugs market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Frac Plugs is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Frac Plugs is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Frac Plugs is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Frac Plugs is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Frac Plugs include Schlumberger, Halliburton, BHGE, Downhole Technology, Innovex, Forum Energy Technologies, NOV, Nine Energy Service and Weatherford, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Frac Plugs production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Frac Plugs by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Frac Plugs, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Frac Plugs, also provides the consumption of main regions and countries. Of the upcoming market potential for Frac Plugs, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Frac Plugs sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Frac Plugs market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Frac Plugs sales, projected growth trends, production technology, application and end-user industry.


Frac Plugs Segment by Company

Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Nine Energy Service
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Kureha

Frac Plugs Segment by Type

Composite Plugs
Dissolvable Plugs
Cast Iron Plugs

Frac Plugs Segment by Application

Vertical Wells
Horizontal Wells

Frac Plugs Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Frac Plugs market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Frac Plugs and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Frac Plugs.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Frac Plugs market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Frac Plugs industry.
Chapter 3: Detailed analysis of Frac Plugs market competition landscape. Including Frac Plugs manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, 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: 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 7: Production/Production Value of Frac Plugs by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Frac Plugs Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Frac Plugs Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Frac Plugs Production Estimates and Forecasts (2020-2031)
1.2.4 Global Frac Plugs Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Frac Plugs Market Dynamics
2.1 Frac Plugs Industry Trends
2.2 Frac Plugs Industry Drivers
2.3 Frac Plugs Industry Opportunities and Challenges
2.4 Frac Plugs Industry Restraints
3 Frac Plugs Market by Manufacturers
3.1 Global Frac Plugs Production Value by Manufacturers (2020-2025)
3.2 Global Frac Plugs Production by Manufacturers (2020-2025)
3.3 Global Frac Plugs Average Price by Manufacturers (2020-2025)
3.4 Global Frac Plugs Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Frac Plugs Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Frac Plugs Manufacturers, Product Type & Application
3.7 Global Frac Plugs Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Frac Plugs Market CR5 and HHI
3.8.2 Global Top 5 and 10 Frac Plugs Players Market Share by Production Value in 2024
3.8.3 2024 Frac Plugs Tier 1, Tier 2, and Tier 3
4 Frac Plugs Market by Type
4.1 Frac Plugs Type Introduction
4.1.1 Composite Plugs
4.1.2 Dissolvable Plugs
4.1.3 Cast Iron Plugs
4.2 Global Frac Plugs Production by Type
4.2.1 Global Frac Plugs Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Frac Plugs Production by Type (2020-2031)
4.2.3 Global Frac Plugs Production Market Share by Type (2020-2031)
4.3 Global Frac Plugs Production Value by Type
4.3.1 Global Frac Plugs Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Frac Plugs Production Value by Type (2020-2031)
4.3.3 Global Frac Plugs Production Value Market Share by Type (2020-2031)
5 Frac Plugs Market by Application
5.1 Frac Plugs Application Introduction
5.1.1 Vertical Wells
5.1.2 Horizontal Wells
5.2 Global Frac Plugs Production by Application
5.2.1 Global Frac Plugs Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Frac Plugs Production by Application (2020-2031)
5.2.3 Global Frac Plugs Production Market Share by Application (2020-2031)
5.3 Global Frac Plugs Production Value by Application
5.3.1 Global Frac Plugs Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Frac Plugs Production Value by Application (2020-2031)
5.3.3 Global Frac Plugs Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 Schlumberger
6.1.1 Schlumberger Comapny Information
6.1.2 Schlumberger Business Overview
6.1.3 Schlumberger Frac Plugs Production, Value and Gross Margin (2020-2025)
6.1.4 Schlumberger Frac Plugs Product Portfolio
6.1.5 Schlumberger Recent Developments
6.2 Halliburton
6.2.1 Halliburton Comapny Information
6.2.2 Halliburton Business Overview
6.2.3 Halliburton Frac Plugs Production, Value and Gross Margin (2020-2025)
6.2.4 Halliburton Frac Plugs Product Portfolio
6.2.5 Halliburton Recent Developments
6.3 BHGE
6.3.1 BHGE Comapny Information
6.3.2 BHGE Business Overview
6.3.3 BHGE Frac Plugs Production, Value and Gross Margin (2020-2025)
6.3.4 BHGE Frac Plugs Product Portfolio
6.3.5 BHGE Recent Developments
6.4 Downhole Technology
6.4.1 Downhole Technology Comapny Information
6.4.2 Downhole Technology Business Overview
6.4.3 Downhole Technology Frac Plugs Production, Value and Gross Margin (2020-2025)
6.4.4 Downhole Technology Frac Plugs Product Portfolio
6.4.5 Downhole Technology Recent Developments
6.5 Innovex
6.5.1 Innovex Comapny Information
6.5.2 Innovex Business Overview
6.5.3 Innovex Frac Plugs Production, Value and Gross Margin (2020-2025)
6.5.4 Innovex Frac Plugs Product Portfolio
6.5.5 Innovex Recent Developments
6.6 Forum Energy Technologies
6.6.1 Forum Energy Technologies Comapny Information
6.6.2 Forum Energy Technologies Business Overview
6.6.3 Forum Energy Technologies Frac Plugs Production, Value and Gross Margin (2020-2025)
6.6.4 Forum Energy Technologies Frac Plugs Product Portfolio
6.6.5 Forum Energy Technologies Recent Developments
6.7 NOV
6.7.1 NOV Comapny Information
6.7.2 NOV Business Overview
6.7.3 NOV Frac Plugs Production, Value and Gross Margin (2020-2025)
6.7.4 NOV Frac Plugs Product Portfolio
6.7.5 NOV Recent Developments
6.8 Nine Energy Service
6.8.1 Nine Energy Service Comapny Information
6.8.2 Nine Energy Service Business Overview
6.8.3 Nine Energy Service Frac Plugs Production, Value and Gross Margin (2020-2025)
6.8.4 Nine Energy Service Frac Plugs Product Portfolio
6.8.5 Nine Energy Service Recent Developments
6.9 Weatherford
6.9.1 Weatherford Comapny Information
6.9.2 Weatherford Business Overview
6.9.3 Weatherford Frac Plugs Production, Value and Gross Margin (2020-2025)
6.9.4 Weatherford Frac Plugs Product Portfolio
6.9.5 Weatherford Recent Developments
6.10 Rubicon Oilfield International
6.10.1 Rubicon Oilfield International Comapny Information
6.10.2 Rubicon Oilfield International Business Overview
6.10.3 Rubicon Oilfield International Frac Plugs Production, Value and Gross Margin (2020-2025)
6.10.4 Rubicon Oilfield International Frac Plugs Product Portfolio
6.10.5 Rubicon Oilfield International Recent Developments
6.11 Sinopec
6.11.1 Sinopec Comapny Information
6.11.2 Sinopec Business Overview
6.11.3 Sinopec Frac Plugs Production, Value and Gross Margin (2020-2025)
6.11.4 Sinopec Frac Plugs Product Portfolio
6.11.5 Sinopec Recent Developments
6.12 CNPC
6.12.1 CNPC Comapny Information
6.12.2 CNPC Business Overview
6.12.3 CNPC Frac Plugs Production, Value and Gross Margin (2020-2025)
6.12.4 CNPC Frac Plugs Product Portfolio
6.12.5 CNPC Recent Developments
6.13 Peak Completion
6.13.1 Peak Completion Comapny Information
6.13.2 Peak Completion Business Overview
6.13.3 Peak Completion Frac Plugs Production, Value and Gross Margin (2020-2025)
6.13.4 Peak Completion Frac Plugs Product Portfolio
6.13.5 Peak Completion Recent Developments
6.14 SPT Energy
6.14.1 SPT Energy Comapny Information
6.14.2 SPT Energy Business Overview
6.14.3 SPT Energy Frac Plugs Production, Value and Gross Margin (2020-2025)
6.14.4 SPT Energy Frac Plugs Product Portfolio
6.14.5 SPT Energy Recent Developments
6.15 Kureha
6.15.1 Kureha Comapny Information
6.15.2 Kureha Business Overview
6.15.3 Kureha Frac Plugs Production, Value and Gross Margin (2020-2025)
6.15.4 Kureha Frac Plugs Product Portfolio
6.15.5 Kureha Recent Developments
7 Global Frac Plugs Production by Region
7.1 Global Frac Plugs Production by Region: 2020 VS 2024 VS 2031
7.2 Global Frac Plugs Production by Region (2020-2031)
7.2.1 Global Frac Plugs Production by Region: 2020-2025
7.2.2 Global Frac Plugs Production Forecast by Region: 2026-2031
7.3 Global Frac Plugs Production by Region: 2020 VS 2024 VS 2031
7.4 Global Frac Plugs Production Value by Region (2020-2031)
7.4.1 Global Frac Plugs Production Value by Region: 2020-2025
7.4.2 Global Frac Plugs Production Value by Region (2026-2031)
7.5 Global Frac Plugs Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Frac Plugs Production Value (2020-2031)
7.6.2 Europe Frac Plugs Production Value (2020-2031)
7.6.3 Asia-Pacific Frac Plugs Production Value (2020-2031)
7.6.4 South America Frac Plugs Production Value (2020-2031)
7.6.5 Middle East & Africa Frac Plugs Production Value (2020-2031)
8 Global Frac Plugs Consumption by Region
8.1 Global Frac Plugs Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Frac Plugs Consumption by Region (2020-2031)
8.2.1 Global Frac Plugs Consumption by Region (2020-2025)
8.2.2 Global Frac Plugs Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Frac Plugs Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Frac Plugs Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Frac Plugs Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Frac Plugs Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Frac Plugs Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Frac Plugs Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Frac Plugs Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Frac Plugs Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Frac Plugs Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Frac Plugs Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Frac Plugs Value Chain Analysis
9.1.1 Frac Plugs Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Frac Plugs Production Mode & Process
9.2 Frac Plugs Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Frac Plugs Distributors
9.2.3 Frac Plugs Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings