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Global Composite Frac Plugs Market Research Report 2024
Synopsis
The global Composite Frac Plugs market was valued at US$ 198 million in 2023 and is anticipated to reach US$ 286.5 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Composite Frac Plugs is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Composite Frac Plugs is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Composite Frac Plugs include BHGE, Halliburton, Schlumberger, Weatherford International, Weir Oil & Gas, National Oilwell Varco, Welltec, Innovex Downhole Solutions and Magnum Oil Tools (Nine Energy Service), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Composite Frac Plugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Frac Plugs.
Report Scope
The Composite Frac Plugs market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Composite Frac Plugs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Composite Frac Plugs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BHGE
Halliburton
Schlumberger
Weatherford International
Weir Oil & Gas
National Oilwell Varco
Welltec
Innovex Downhole Solutions
Magnum Oil Tools (Nine Energy Service)
Composite Systems LLC
Rubicon Oilfield International
Segment by Type
Small Caliber
Large Caliber
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Composite Frac Plugs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Composite Frac Plugs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Composite Frac Plugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various 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.
Chapter 6: 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.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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.
Chapter 10: The main points and conclusions of the report.
The global Composite Frac Plugs market was valued at US$ 198 million in 2023 and is anticipated to reach US$ 286.5 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Composite Frac Plugs is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Composite Frac Plugs is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Composite Frac Plugs include BHGE, Halliburton, Schlumberger, Weatherford International, Weir Oil & Gas, National Oilwell Varco, Welltec, Innovex Downhole Solutions and Magnum Oil Tools (Nine Energy Service), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Composite Frac Plugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Frac Plugs.
Report Scope
The Composite Frac Plugs market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Composite Frac Plugs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Composite Frac Plugs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BHGE
Halliburton
Schlumberger
Weatherford International
Weir Oil & Gas
National Oilwell Varco
Welltec
Innovex Downhole Solutions
Magnum Oil Tools (Nine Energy Service)
Composite Systems LLC
Rubicon Oilfield International
Segment by Type
Small Caliber
Large Caliber
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Composite Frac Plugs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Composite Frac Plugs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Composite Frac Plugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various 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.
Chapter 6: 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.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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.
Chapter 10: The main points and conclusions of the report.
Index1 Composite Frac Plugs Market Overview
1.1 Product Definition
1.2 Composite Frac Plugs Segment by Type
1.2.1 Global Composite Frac Plugs Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Small Caliber
1.2.3 Large Caliber
1.3 Composite Frac Plugs Segment by Application
1.3.1 Global Composite Frac Plugs Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Composite Frac Plugs Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Composite Frac Plugs Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Composite Frac Plugs Production Estimates and Forecasts (2019-2030)
1.4.4 Global Composite Frac Plugs Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Composite Frac Plugs Production Market Share by Manufacturers (2019-2024)
2.2 Global Composite Frac Plugs Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Composite Frac Plugs, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Composite Frac Plugs Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Composite Frac Plugs Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Composite Frac Plugs, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Composite Frac Plugs, Product Offered and Application
2.8 Global Key Manufacturers of Composite Frac Plugs, Date of Enter into This Industry
2.9 Composite Frac Plugs Market Competitive Situation and Trends
2.9.1 Composite Frac Plugs Market Concentration Rate
2.9.2 Global 5 and 10 Largest Composite Frac Plugs Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Composite Frac Plugs Production by Region
3.1 Global Composite Frac Plugs Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Composite Frac Plugs Production Value by Region (2019-2030)
3.2.1 Global Composite Frac Plugs Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Composite Frac Plugs by Region (2025-2030)
3.3 Global Composite Frac Plugs Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Composite Frac Plugs Production by Region (2019-2030)
3.4.1 Global Composite Frac Plugs Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Composite Frac Plugs by Region (2025-2030)
3.5 Global Composite Frac Plugs Market Price Analysis by Region (2019-2024)
3.6 Global Composite Frac Plugs Production and Value, Year-over-Year Growth
3.6.1 North America Composite Frac Plugs Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Composite Frac Plugs Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Composite Frac Plugs Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Composite Frac Plugs Production Value Estimates and Forecasts (2019-2030)
4 Composite Frac Plugs Consumption by Region
4.1 Global Composite Frac Plugs Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Composite Frac Plugs Consumption by Region (2019-2030)
4.2.1 Global Composite Frac Plugs Consumption by Region (2019-2024)
4.2.2 Global Composite Frac Plugs Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Composite Frac Plugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Composite Frac Plugs Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Composite Frac Plugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Composite Frac Plugs Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Composite Frac Plugs Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Composite Frac Plugs Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Composite Frac Plugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Composite Frac Plugs Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Composite Frac Plugs Production by Type (2019-2030)
5.1.1 Global Composite Frac Plugs Production by Type (2019-2024)
5.1.2 Global Composite Frac Plugs Production by Type (2025-2030)
5.1.3 Global Composite Frac Plugs Production Market Share by Type (2019-2030)
5.2 Global Composite Frac Plugs Production Value by Type (2019-2030)
5.2.1 Global Composite Frac Plugs Production Value by Type (2019-2024)
5.2.2 Global Composite Frac Plugs Production Value by Type (2025-2030)
5.2.3 Global Composite Frac Plugs Production Value Market Share by Type (2019-2030)
5.3 Global Composite Frac Plugs Price by Type (2019-2030)
6 Segment by Application
6.1 Global Composite Frac Plugs Production by Application (2019-2030)
6.1.1 Global Composite Frac Plugs Production by Application (2019-2024)
6.1.2 Global Composite Frac Plugs Production by Application (2025-2030)
6.1.3 Global Composite Frac Plugs Production Market Share by Application (2019-2030)
6.2 Global Composite Frac Plugs Production Value by Application (2019-2030)
6.2.1 Global Composite Frac Plugs Production Value by Application (2019-2024)
6.2.2 Global Composite Frac Plugs Production Value by Application (2025-2030)
6.2.3 Global Composite Frac Plugs Production Value Market Share by Application (2019-2030)
6.3 Global Composite Frac Plugs Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BHGE
7.1.1 BHGE Composite Frac Plugs Corporation Information
7.1.2 BHGE Composite Frac Plugs Product Portfolio
7.1.3 BHGE Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BHGE Main Business and Markets Served
7.1.5 BHGE Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Composite Frac Plugs Corporation Information
7.2.2 Halliburton Composite Frac Plugs Product Portfolio
7.2.3 Halliburton Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Schlumberger
7.3.1 Schlumberger Composite Frac Plugs Corporation Information
7.3.2 Schlumberger Composite Frac Plugs Product Portfolio
7.3.3 Schlumberger Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schlumberger Main Business and Markets Served
7.3.5 Schlumberger Recent Developments/Updates
7.4 Weatherford International
7.4.1 Weatherford International Composite Frac Plugs Corporation Information
7.4.2 Weatherford International Composite Frac Plugs Product Portfolio
7.4.3 Weatherford International Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Weatherford International Main Business and Markets Served
7.4.5 Weatherford International Recent Developments/Updates
7.5 Weir Oil & Gas
7.5.1 Weir Oil & Gas Composite Frac Plugs Corporation Information
7.5.2 Weir Oil & Gas Composite Frac Plugs Product Portfolio
7.5.3 Weir Oil & Gas Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Weir Oil & Gas Main Business and Markets Served
7.5.5 Weir Oil & Gas Recent Developments/Updates
7.6 National Oilwell Varco
7.6.1 National Oilwell Varco Composite Frac Plugs Corporation Information
7.6.2 National Oilwell Varco Composite Frac Plugs Product Portfolio
7.6.3 National Oilwell Varco Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.6.4 National Oilwell Varco Main Business and Markets Served
7.6.5 National Oilwell Varco Recent Developments/Updates
7.7 Welltec
7.7.1 Welltec Composite Frac Plugs Corporation Information
7.7.2 Welltec Composite Frac Plugs Product Portfolio
7.7.3 Welltec Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Welltec Main Business and Markets Served
7.7.5 Welltec Recent Developments/Updates
7.8 Innovex Downhole Solutions
7.8.1 Innovex Downhole Solutions Composite Frac Plugs Corporation Information
7.8.2 Innovex Downhole Solutions Composite Frac Plugs Product Portfolio
7.8.3 Innovex Downhole Solutions Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Innovex Downhole Solutions Main Business and Markets Served
7.7.5 Innovex Downhole Solutions Recent Developments/Updates
7.9 Magnum Oil Tools (Nine Energy Service)
7.9.1 Magnum Oil Tools (Nine Energy Service) Composite Frac Plugs Corporation Information
7.9.2 Magnum Oil Tools (Nine Energy Service) Composite Frac Plugs Product Portfolio
7.9.3 Magnum Oil Tools (Nine Energy Service) Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Magnum Oil Tools (Nine Energy Service) Main Business and Markets Served
7.9.5 Magnum Oil Tools (Nine Energy Service) Recent Developments/Updates
7.10 Composite Systems LLC
7.10.1 Composite Systems LLC Composite Frac Plugs Corporation Information
7.10.2 Composite Systems LLC Composite Frac Plugs Product Portfolio
7.10.3 Composite Systems LLC Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Composite Systems LLC Main Business and Markets Served
7.10.5 Composite Systems LLC Recent Developments/Updates
7.11 Rubicon Oilfield International
7.11.1 Rubicon Oilfield International Composite Frac Plugs Corporation Information
7.11.2 Rubicon Oilfield International Composite Frac Plugs Product Portfolio
7.11.3 Rubicon Oilfield International Composite Frac Plugs Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Rubicon Oilfield International Main Business and Markets Served
7.11.5 Rubicon Oilfield International Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Composite Frac Plugs Industry Chain Analysis
8.2 Composite Frac Plugs Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Composite Frac Plugs Production Mode & Process
8.4 Composite Frac Plugs Sales and Marketing
8.4.1 Composite Frac Plugs Sales Channels
8.4.2 Composite Frac Plugs Distributors
8.5 Composite Frac Plugs Customers
9 Composite Frac Plugs Market Dynamics
9.1 Composite Frac Plugs Industry Trends
9.2 Composite Frac Plugs Market Drivers
9.3 Composite Frac Plugs Market Challenges
9.4 Composite Frac Plugs Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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