Press release
Dissolvable Frac Plugs Market Report on Emerging Trends and Growth Drivers 2025 to 2031 | Survey by QYResearch
In 2024, the global market size of Dissolvable Frac Plugs was estimated to be worth US$ 324 million and is forecast to reach approximately US$ 604 million by 2031 with a CAGR of 9.5% during the forecast period 2025-2031.
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https://www.qyresearch.com/reports/4685664/dissolvable-frac-plugs
According to the new market research report "Dissolvable Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Dissolvable Frac Plugs market size is projected to grow from USD 360.17 million in 2024 to USD 597.91 million by 2030, at a CAGR of 8.81% during the forecast period (2024-2030).
This report profiles key players of Dissolvable Frac Plugs such as Schlumberger Limited, Halliburton Company, China National Petroleum Corporation (CNPC), Nine Energy Service, Inc., Pyramid Oil Tools, LLC, China Petroleum & Chemical Corporation (Sinopec), Innovex Inc., NOV Inc., Klx Energy Services Inc., Expro Group, Peak Completion Technologies, Inc., etc.
In 2023, the global top five Dissolvable Frac Plugs players account for 58.22% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Dissolvable Frac Plugs.
Market Drivers:
D1: The global energy demand continues to rise, the war in Russia and Ukraine will exacerbate the shortage of oil and gas in the short term, and the number of oil and gas wells will rise.
D2: The amount of proven shale gas recoverable resources in the world continues to increase, shale gas continues to be developed, and the investment of various countries continues to increase
D3: Dissolvable frac plugs help increase efficiency, which can help oil and gas operators save time and reduce the cost.
Challenge:
C1: Market competition continues to intensify, and enterprises compete in product price and quality, limiting profit.
C2: The downward pressure on the global economy is huge, small and medium-sized enterprises are difficult to operate, and industrial production may shrink in 2023.
C3: In the long run, there are restrictions on the demand for oil and natural gas under the carbon neutrality policy.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Dissolvable Frac Plugs market is segmented as below:
By Company
Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Segment by Type
Small Caliber
Large Caliber
Segment by Application
Horizontal Well
Vertical Well
Each chapter of the report provides detailed information for readers to further understand the Dissolvable Frac Plugs market:
Chapter 1: Introduces the report scope of the Dissolvable Frac Plugs report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Dissolvable Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Dissolvable Frac Plugs market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Dissolvable Frac Plugs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Dissolvable Frac Plugs in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Dissolvable Frac Plugs competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Dissolvable Frac Plugs comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Dissolvable Frac Plugs market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Dissolvable Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Dissolvable Frac Plugs Market Research Report 2025
Global Fully Dissolvable Frac Plugs Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Fully Dissolvable Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Fully Dissolvable Frac Plugs Market Research Report 2025
Global Large Caliber Dissolvable Frac Plug Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Small Caliber Dissolvable Frac Plug Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Large Caliber Dissolvable Frac Plug- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Small Caliber Dissolvable Frac Plug- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Large Caliber Dissolvable Frac Plug Market Research Report 2025
Global Small Caliber Dissolvable Frac Plug Market Research Report 2025
Dissolvable Frac Plugs - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Fully Dissolvable Frac Plugs Market Insights, Forecast to 2030
Global Fully Dissolvable Frac Plugs Market Research Report 2024
Global Small Caliber Dissolvable Frac Plug Market Insights, Forecast to 2030
Global Large Caliber Dissolvable Frac Plug Market Insights, Forecast to 2030
Global Small Caliber Dissolvable Frac Plug Market Research Report 2024
Global Large Caliber Dissolvable Frac Plug Market Research Report 2024
Small Caliber Dissolvable Frac Plug - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Large Caliber Dissolvable Frac Plug - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
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Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
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QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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A dissolvable frac plug is a temporary tool used in hydraulic fracturing operations to isolate different sections of a wellbore during stimulation. These plugs gradually dissolve and disintegrate in well fluids, eliminating the need for costly milling operations to remove them. The Dissolvable Frac Plugs Market is anticipated to see substantial growth in the coming years with a forecasted CAGR of 9.50%.
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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.
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