Global Dissolvable Frac Plugs Market Research Report 2023(Status and Outlook)
Report Overview
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 technology of the dissolvable frac plugs is relatively mature. For the dissolvable frac plugs market, the leading players, Schlumberger, Halliburton, BHGE, Innovex respectively account for 13.74%, 12.37%, 10.75%, 8.23% market share in 2019, and the sum of the market share percentage held by the largest number of firms in this industry is less than 50%, which indicate that the dissolvable frac plugs industry is perfectly competitive and is considered low concentration.
The Global Dissolvable Frac Plugs Market Size was estimated at USD 115.80 million in 2022 and is projected to reach USD 168.45 million by 2029, exhibiting a CAGR of 5.50% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Dissolvable Frac Plugs market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Dissolvable Frac Plugs Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Dissolvable Frac Plugs market in any manner.
Global Dissolvable Frac Plugs Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Schlumberger
Halliburton
BHGE
Innovex
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
CNPC
Peak Completion
Market Segmentation (by Type)
Small Caliber
Large Caliber
Market Segmentation (by Application)
Crops
Grasses
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Dissolvable Frac Plugs Market
Overview of the regional outlook of the Dissolvable Frac Plugs Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Dissolvable Frac Plugs
- 1.2 Key Market Segments
- 1.2.1 Dissolvable Frac Plugs Segment by Type
- 1.2.2 Dissolvable Frac Plugs Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Dissolvable Frac Plugs Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Dissolvable Frac Plugs Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Dissolvable Frac Plugs Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Dissolvable Frac Plugs Market Competitive Landscape
- 3.1 Global Dissolvable Frac Plugs Sales by Manufacturers (2018-2023)
- 3.2 Global Dissolvable Frac Plugs Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Dissolvable Frac Plugs Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Dissolvable Frac Plugs Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Dissolvable Frac Plugs Sales Sites, Area Served, Product Type
- 3.6 Dissolvable Frac Plugs Market Competitive Situation and Trends
- 3.6.1 Dissolvable Frac Plugs Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Dissolvable Frac Plugs Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Dissolvable Frac Plugs Industry Chain Analysis
- 4.1 Dissolvable Frac Plugs Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Dissolvable Frac Plugs Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Dissolvable Frac Plugs Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Dissolvable Frac Plugs Sales Market Share by Type (2018-2023)
- 6.3 Global Dissolvable Frac Plugs Market Size Market Share by Type (2018-2023)
- 6.4 Global Dissolvable Frac Plugs Price by Type (2018-2023)
- 7 Dissolvable Frac Plugs Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Dissolvable Frac Plugs Market Sales by Application (2018-2023)
- 7.3 Global Dissolvable Frac Plugs Market Size (M USD) by Application (2018-2023)
- 7.4 Global Dissolvable Frac Plugs Sales Growth Rate by Application (2018-2023)
- 8 Dissolvable Frac Plugs Market Segmentation by Region
- 8.1 Global Dissolvable Frac Plugs Sales by Region
- 8.1.1 Global Dissolvable Frac Plugs Sales by Region
- 8.1.2 Global Dissolvable Frac Plugs Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Dissolvable Frac Plugs Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Dissolvable Frac Plugs Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Dissolvable Frac Plugs Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Dissolvable Frac Plugs Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Dissolvable Frac Plugs Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Schlumberger
- 9.1.1 Schlumberger Dissolvable Frac Plugs Basic Information
- 9.1.2 Schlumberger Dissolvable Frac Plugs Product Overview
- 9.1.3 Schlumberger Dissolvable Frac Plugs Product Market Performance
- 9.1.4 Schlumberger Business Overview
- 9.1.5 Schlumberger Dissolvable Frac Plugs SWOT Analysis
- 9.1.6 Schlumberger Recent Developments
- 9.2 Halliburton
- 9.2.1 Halliburton Dissolvable Frac Plugs Basic Information
- 9.2.2 Halliburton Dissolvable Frac Plugs Product Overview
- 9.2.3 Halliburton Dissolvable Frac Plugs Product Market Performance
- 9.2.4 Halliburton Business Overview
- 9.2.5 Halliburton Dissolvable Frac Plugs SWOT Analysis
- 9.2.6 Halliburton Recent Developments
- 9.3 BHGE
- 9.3.1 BHGE Dissolvable Frac Plugs Basic Information
- 9.3.2 BHGE Dissolvable Frac Plugs Product Overview
- 9.3.3 BHGE Dissolvable Frac Plugs Product Market Performance
- 9.3.4 BHGE Business Overview
- 9.3.5 BHGE Dissolvable Frac Plugs SWOT Analysis
- 9.3.6 BHGE Recent Developments
- 9.4 Innovex
- 9.4.1 Innovex Dissolvable Frac Plugs Basic Information
- 9.4.2 Innovex Dissolvable Frac Plugs Product Overview
- 9.4.3 Innovex Dissolvable Frac Plugs Product Market Performance
- 9.4.4 Innovex Business Overview
- 9.4.5 Innovex Dissolvable Frac Plugs SWOT Analysis
- 9.4.6 Innovex Recent Developments
- 9.5 NOV
- 9.5.1 NOV Dissolvable Frac Plugs Basic Information
- 9.5.2 NOV Dissolvable Frac Plugs Product Overview
- 9.5.3 NOV Dissolvable Frac Plugs Product Market Performance
- 9.5.4 NOV Business Overview
- 9.5.5 NOV Dissolvable Frac Plugs SWOT Analysis
- 9.5.6 NOV Recent Developments
- 9.6 Magnum Oil Tools
- 9.6.1 Magnum Oil Tools Dissolvable Frac Plugs Basic Information
- 9.6.2 Magnum Oil Tools Dissolvable Frac Plugs Product Overview
- 9.6.3 Magnum Oil Tools Dissolvable Frac Plugs Product Market Performance
- 9.6.4 Magnum Oil Tools Business Overview
- 9.6.5 Magnum Oil Tools Recent Developments
- 9.7 Weatherford
- 9.7.1 Weatherford Dissolvable Frac Plugs Basic Information
- 9.7.2 Weatherford Dissolvable Frac Plugs Product Overview
- 9.7.3 Weatherford Dissolvable Frac Plugs Product Market Performance
- 9.7.4 Weatherford Business Overview
- 9.7.5 Weatherford Recent Developments
- 9.8 Rubicon Oilfield International
- 9.8.1 Rubicon Oilfield International Dissolvable Frac Plugs Basic Information
- 9.8.2 Rubicon Oilfield International Dissolvable Frac Plugs Product Overview
- 9.8.3 Rubicon Oilfield International Dissolvable Frac Plugs Product Market Performance
- 9.8.4 Rubicon Oilfield International Business Overview
- 9.8.5 Rubicon Oilfield International Recent Developments
- 9.9 CNPC
- 9.9.1 CNPC Dissolvable Frac Plugs Basic Information
- 9.9.2 CNPC Dissolvable Frac Plugs Product Overview
- 9.9.3 CNPC Dissolvable Frac Plugs Product Market Performance
- 9.9.4 CNPC Business Overview
- 9.9.5 CNPC Recent Developments
- 9.10 Peak Completion
- 9.10.1 Peak Completion Dissolvable Frac Plugs Basic Information
- 9.10.2 Peak Completion Dissolvable Frac Plugs Product Overview
- 9.10.3 Peak Completion Dissolvable Frac Plugs Product Market Performance
- 9.10.4 Peak Completion Business Overview
- 9.10.5 Peak Completion Recent Developments
- 10 Dissolvable Frac Plugs Market Forecast by Region
- 10.1 Global Dissolvable Frac Plugs Market Size Forecast
- 10.2 Global Dissolvable Frac Plugs Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Dissolvable Frac Plugs Market Size Forecast by Country
- 10.2.3 Asia Pacific Dissolvable Frac Plugs Market Size Forecast by Region
- 10.2.4 South America Dissolvable Frac Plugs Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Dissolvable Frac Plugs by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Dissolvable Frac Plugs Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Dissolvable Frac Plugs by Type (2024-2029)
- 11.1.2 Global Dissolvable Frac Plugs Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Dissolvable Frac Plugs by Type (2024-2029)
- 11.2 Global Dissolvable Frac Plugs Market Forecast by Application (2024-2029)
- 11.2.1 Global Dissolvable Frac Plugs Sales (K Units) Forecast by Application
- 11.2.2 Global Dissolvable Frac Plugs Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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