Press release
Frac Plugs Market Size, Share, Development by 2024
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https://www.globalinforesearch.com/global-frac-plugs-market_p108346.html
Frac Plugs is a device used to isolate zones in wells during plug-and-perf operations.
Scope of the Report:
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.
The technology of the Frac Plugs is relatively mature. The leading players are Schlumberger, Halliburton, BHGE, Downhole Technology which accounting for about 44% market share in term of revenue in 2017.
The worldwide market for Frac Plugs is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 390 million US$ in 2024, from 320 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Frac Plugs in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Schlumberger
Halliburton
BHGE
Downhole Technology
Innovex
Forum Energy Technologies
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
Sinopec
CNPC
Peak Completion
SPT Energy
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Composite Plugs
Dissolvable Plugs
Cast Iron Plugs
Market Segment by Applications, can be divided into
Vertical Wells
Horizontal Wells
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-frac-plugs-market_p108346.html
Related Information:
North America Frac Plugs Market Growth 2019-2024
United States Frac Plugs Market Growth 2019-2024
Asia-Pacific Frac Plugs Market Growth 2019-2024
Europe Frac Plugs Market Growth 2019-2024
EMEA Frac Plugs Market Growth 2019-2024
Global Frac Plugs Market Growth 2019-2024
China Frac Plugs Market Growth 2019-2024
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