Global Dissolvable Frac Plugs Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Dissolvable Frac Plugs market size was valued at US$ 307 million in 2023 and is forecast to a readjusted size of USD 566 million by 2030 with a CAGR of 9.2% during review period.
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.
This report is a detailed and comprehensive analysis for global Dissolvable Frac Plugs market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Dissolvable Frac Plugs market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Dissolvable Frac Plugs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Dissolvable Frac Plugs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Dissolvable Frac Plugs market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Dissolvable Frac Plugs
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Dissolvable Frac Plugs market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, Halliburton, Nine Energy Service, Pyramid Oil Tools, Innovex Inc., NOV Inc., CNPC, Sinopec, KLX Energy Services, Expro, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Dissolvable Frac Plugs market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Small Caliber
Large Caliber
Market segment by Application
Horizontal Well
Vertical Well
Major players covered
Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Dissolvable Frac Plugs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Dissolvable Frac Plugs, with price, sales quantity, revenue, and global market share of Dissolvable Frac Plugs from 2019 to 2024.
Chapter 3, the Dissolvable Frac Plugs competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Dissolvable Frac Plugs breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Dissolvable Frac Plugs market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Dissolvable Frac Plugs.
Chapter 14 and 15, to describe Dissolvable Frac Plugs sales channel, distributors, customers, research findings and conclusion.