Global Frac Balls Market Growth 2024-2030
During the fracturing construction process, tools such as frac balls and bridge plugs are required to block the construction strings of different working layers. Tools such as the frac ball made of common alloys can reduce well productivity if they become lodged in the well. Soluble frac balls replace steel balls and resin balls, which can avoid risks such as difficult flow back and blockage during construction.
The global Frac Balls market size is projected to grow from US$ 258 million in 2024 to US$ 352 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Frac Balls Industry Forecast” looks at past sales and reviews total world Frac Balls sales in 2023, providing a comprehensive analysis by region and market sector of projected Frac Balls sales for 2024 through 2030. With Frac Balls sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frac Balls industry.
This Insight Report provides a comprehensive analysis of the global Frac Balls landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Frac Balls portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Frac Balls market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frac Balls and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Frac Balls.
United States market for Frac Balls is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Frac Balls is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Frac Balls is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Frac Balls players cover Davies Molding, Innovex, The Gund Company, Precision Plastic Ball Company, Terves Inc, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Frac Balls market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Dissolvable Frac Ball
Insoluble Frac Ball
Segmentation by Application:
Oil and Gas
Chemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Davies Molding
Innovex
The Gund Company
Precision Plastic Ball Company
Terves Inc
Drake Cannonball
Drake Plastics
Seven Canyons Composites
Mosinter Group
Baker Hughes
CIC Ball Company
Wingoil
Star Petrotech
Vanguard Completion
JAS Alloy
Nanjing Shousu
Beijing Yilong Hengye
Phenom Innovations
Poly Doctor Petroleum Technology Co.,Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Frac Balls market?
What factors are driving Frac Balls market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Frac Balls market opportunities vary by end market size?
How does Frac Balls break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.