Global Frac Valves Market Growth 2023-2029

Global Frac Valves Market Growth 2023-2029

A frac valve is a high-pressure isolation valve fitted to the top of the wellhead on a well that is about to be hydraulically fractured. The frac valve can be closed to isolate the treating equipment from the wellbore.

LPI (LP Information)' newest research report, the “Frac Valves Industry Forecast” looks at past sales and reviews total world Frac Valves sales in 2022, providing a comprehensive analysis by region and market sector of projected Frac Valves sales for 2023 through 2029. With Frac Valves sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frac Valves industry.

This Insight Report provides a comprehensive analysis of the global Frac Valves 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 Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Frac Valves market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frac Valves 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 Valves.

The global Frac Valves market size is projected to grow from US$ 123.8 million in 2022 to US$ 172.5 million in 2029; it is expected to grow at a CAGR of 172.5 from 2023 to 2029.

Global key players of frac valves include Schlumberger, AWC Frac Technology, Bestway Oilfield, Jereh, etc. Global top three manufacturers hold a share over 75%. North America is the largest producer of frac valves holds a share over 65%. In terms of product, working pressure15,000 PSI is the largest segment, with a share over 45%. And in terms of application, the largest application is directional well , with a share over 75%.

This report presents a comprehensive overview, market shares, and growth opportunities of Frac Valves market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Working Pressure 10,000 PSI
Working Pressure 15,000 PSI
Others

Segmentation by application
Directional Well
Vertical Well

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 analyzing the company's coverage, product portfolio, its market penetration.
Schlumberger
AWC Frac Technology
Bestway Oilfield
Jereh
Worldwide Oilfield Machine (WOM)
Moto Mecánica Argentina (MMA)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Frac Valves market?

What factors are driving Frac Valves market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Frac Valves market opportunities vary by end market size?

How does Frac Valves break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.