Abstract, Snapshot, Market Analysis & Market Definition: Frac Plugs Market
Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations. The Frac Plugs mainly includes composite plugs, dissolvable plugs and cast iron plugs. The composite plugs occupies the biggest part of the production. The main production base is located in United States, accounting for about 78% market share in 2017.
In 2019, the market size of Frac Plugs is 331.5 million US$ and it will reach 451.8 million US$ in 2025, growing at a CAGR of 4.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Frac Plugs. This report studies the global market size of Frac Plugs, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Frac Plugs production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Frac Plugs Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Vertical Wells
Horizontal Wells
Key Players, Recent Developments & Sector Viewpoints: Frac Plugs Market
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Key Insights Covered: Exhaustive Frac Plugs Market
1. Market size (sales, revenue and growth rate) of Frac Plugs industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Frac Plugs industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Frac Plugs industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Frac Plugs industry.
Research Methodology: Frac Plugs Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.