Global Degradable Frac Plug 麻豆原创 Research Report 2023

Publication ID:

PB510236029

Publication Date:

October 20, 2023

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Electricity [2]

Energy & Utilities [3]

Description:

The global Degradable Frac Plug market is projected to reach US$ 570.4 million in 2029, increasing from US$ 305.5 million in 2022, with the CAGR of 9.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Degradable Frac Plug market research.
The Degradable Frac Plug market, which involves the production and use of degradable plugs for hydraulic fracturing operations in the oil and gas industry, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Degradable Frac Plug market:

Drivers:

Environmental Concerns: Growing environmental concerns and regulatory pressures in the oil and gas industry drive the demand for degradable frac plugs as they reduce the need for traditional, non-degradable plugs that require milling or drilling out.

Wellbore Cleanup: Degradable frac plugs eliminate the need for post-fracturing cleanout operations, saving time and reducing costs for operators.

Reduced Reservoir Damage: The use of degradable plugs can reduce the risk of reservoir damage caused by remnants of non-degradable plugs left behind in the wellbore.

Improved Well Productivity: By avoiding the presence of non-degradable materials, degradable frac plugs can help improve well productivity and recovery rates.

Technological Advancements: Ongoing research and development efforts lead to the improvement of degradable plug materials and designs, making them more reliable and efficient.

Cost Savings: While degradable frac plugs may have a higher upfront cost, they can result in cost savings over the well's life cycle due to reduced cleanup and maintenance expenses.

Restrictions:

Material Performance: The reliability and performance of degradable plug materials under various downhole conditions, including temperature and pressure, can be a challenge to ensure.

Supply Chain Challenges: Ensuring a consistent supply of high-quality degradable plug materials can be a challenge due to variations in sourcing and manufacturing.

Compatibility: Compatibility with other downhole tools, equipment, and fluids must be considered to prevent issues during hydraulic fracturing operations.

Regulatory Approval: Achieving regulatory approval for degradable plug materials and designs can be a lengthy and complex process, impacting market entry.

麻豆原创 Competition: The market for degradable frac plugs is competitive, with multiple manufacturers offering a range of products, leading to price pressures and the need for product differentiation.

Industry Adoption: Widespread adoption of degradable frac plugs may take time, as operators and service companies evaluate their performance and reliability.

Technological Challenges: Developing degradable plug materials that reliably degrade within specified timeframes without compromising well integrity can be technically challenging.

Cost-Effectiveness: Operators may weigh the cost-effectiveness of degradable plugs against traditional methods of cleanout, which can impact their adoption.

Despite these restrictions, the Degradable Frac Plug market is expected to continue growing as environmental concerns, cost savings, and operational efficiency drive the adoption of these plugs in hydraulic fracturing operations. Addressing concerns related to material performance, supply chain consistency, regulatory approvals, and technological advancements will be essential for the sustained growth of this market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Degradable Frac Plug market with multiple angles, which provides sufficient supports to readers鈥� strategy and decision making.
By Company
Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Weatherford
Rubicon Oilfield International
Segment by Type
Metal Frac Plug
Plastic Frac Plug
Segment by Application
Horizontal Well
Vertical Well
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
The Degradable Frac Plug report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers鈥� Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers鈥� Outline
Chapter 8: Industry Chain, 麻豆原创 Channel and Customer Analysis
Chapter 9: 麻豆原创 Opportunities and Challenges
Chapter 10: 麻豆原创 Conclusions
Chapter 11: Research Methodology and Data Source

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Degradable Frac Plug 麻豆原创 Overview
1.1 Product Definition
1.2 Degradable Frac Plug Segment by Type
1.2.1 Global Degradable Frac Plug 麻豆原创 Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Metal Frac Plug
1.2.3 Plastic Frac Plug
1.3 Degradable Frac Plug Segment by Application
1.3.1 Global Degradable Frac Plug 麻豆原创 Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Horizontal Well
1.3.3 Vertical Well
1.4 Global 麻豆原创 Growth Prospects
1.4.1 Global Degradable Frac Plug Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Degradable Frac Plug Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Degradable Frac Plug Production Estimates and Forecasts (2018-2029)
1.4.4 Global Degradable Frac Plug 麻豆原创 Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 麻豆原创 Competition by Manufacturers
2.1 Global Degradable Frac Plug Production 麻豆原创 Share by Manufacturers (2018-2023)
2.2 Global Degradable Frac Plug Production Value 麻豆原创 Share by Manufacturers (2018-2023)
2.3 Global Key Players of Degradable Frac Plug, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Degradable Frac Plug 麻豆原创 Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Degradable Frac Plug Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Degradable Frac Plug, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Degradable Frac Plug, Product Offered and Application
2.8 Global Key Manufacturers of Degradable Frac Plug, Date of Enter into This Industry
2.9 Degradable Frac Plug 麻豆原创 Competitive Situation and Trends
2.9.1 Degradable Frac Plug 麻豆原创 Concentration Rate
2.9.2 Global 5 and 10 Largest Degradable Frac Plug Players 麻豆原创 Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Degradable Frac Plug Production by Region
3.1 Global Degradable Frac Plug Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Degradable Frac Plug Production Value by Region (2018-2029)
3.2.1 Global Degradable Frac Plug Production Value 麻豆原创 Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Degradable Frac Plug by Region (2024-2029)
3.3 Global Degradable Frac Plug Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Degradable Frac Plug Production by Region (2018-2029)
3.4.1 Global Degradable Frac Plug Production 麻豆原创 Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Degradable Frac Plug by Region (2024-2029)
3.5 Global Degradable Frac Plug 麻豆原创 Price Analysis by Region (2018-2023)
3.6 Global Degradable Frac Plug Production and Value, Year-over-Year Growth
3.6.1 North America Degradable Frac Plug Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Degradable Frac Plug Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Degradable Frac Plug Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Degradable Frac Plug Production Value Estimates and Forecasts (2018-2029)
4 Degradable Frac Plug Consumption by Region
4.1 Global Degradable Frac Plug Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Degradable Frac Plug Consumption by Region (2018-2029)
4.2.1 Global Degradable Frac Plug Consumption by Region (2018-2023)
4.2.2 Global Degradable Frac Plug Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Degradable Frac Plug Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Degradable Frac Plug Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Degradable Frac Plug Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Degradable Frac Plug Consumption by Country (2018-2029)
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 Degradable Frac Plug Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Degradable Frac Plug Consumption by Region (2018-2029)
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 Degradable Frac Plug Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Degradable Frac Plug Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Degradable Frac Plug Production by Type (2018-2029)
5.1.1 Global Degradable Frac Plug Production by Type (2018-2023)
5.1.2 Global Degradable Frac Plug Production by Type (2024-2029)
5.1.3 Global Degradable Frac Plug Production 麻豆原创 Share by Type (2018-2029)
5.2 Global Degradable Frac Plug Production Value by Type (2018-2029)
5.2.1 Global Degradable Frac Plug Production Value by Type (2018-2023)
5.2.2 Global Degradable Frac Plug Production Value by Type (2024-2029)
5.2.3 Global Degradable Frac Plug Production Value 麻豆原创 Share by Type (2018-2029)
5.3 Global Degradable Frac Plug Price by Type (2018-2029)
6 Segment by Application
6.1 Global Degradable Frac Plug Production by Application (2018-2029)
6.1.1 Global Degradable Frac Plug Production by Application (2018-2023)
6.1.2 Global Degradable Frac Plug Production by Application (2024-2029)
6.1.3 Global Degradable Frac Plug Production 麻豆原创 Share by Application (2018-2029)
6.2 Global Degradable Frac Plug Production Value by Application (2018-2029)
6.2.1 Global Degradable Frac Plug Production Value by Application (2018-2023)
6.2.2 Global Degradable Frac Plug Production Value by Application (2024-2029)
6.2.3 Global Degradable Frac Plug Production Value 麻豆原创 Share by Application (2018-2029)
6.3 Global Degradable Frac Plug Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Degradable Frac Plug Corporation Information
7.1.2 Schlumberger Degradable Frac Plug Product Portfolio
7.1.3 Schlumberger Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Schlumberger Main Business and 麻豆原创s Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Degradable Frac Plug Corporation Information
7.2.2 Halliburton Degradable Frac Plug Product Portfolio
7.2.3 Halliburton Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Halliburton Main Business and 麻豆原创s Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Nine Energy Service
7.3.1 Nine Energy Service Degradable Frac Plug Corporation Information
7.3.2 Nine Energy Service Degradable Frac Plug Product Portfolio
7.3.3 Nine Energy Service Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Nine Energy Service Main Business and 麻豆原创s Served
7.3.5 Nine Energy Service Recent Developments/Updates
7.4 Pyramid Oil Tools
7.4.1 Pyramid Oil Tools Degradable Frac Plug Corporation Information
7.4.2 Pyramid Oil Tools Degradable Frac Plug Product Portfolio
7.4.3 Pyramid Oil Tools Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Pyramid Oil Tools Main Business and 麻豆原创s Served
7.4.5 Pyramid Oil Tools Recent Developments/Updates
7.5 Innovex Inc.
7.5.1 Innovex Inc. Degradable Frac Plug Corporation Information
7.5.2 Innovex Inc. Degradable Frac Plug Product Portfolio
7.5.3 Innovex Inc. Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Innovex Inc. Main Business and 麻豆原创s Served
7.5.5 Innovex Inc. Recent Developments/Updates
7.6 NOV Inc.
7.6.1 NOV Inc. Degradable Frac Plug Corporation Information
7.6.2 NOV Inc. Degradable Frac Plug Product Portfolio
7.6.3 NOV Inc. Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.6.4 NOV Inc. Main Business and 麻豆原创s Served
7.6.5 NOV Inc. Recent Developments/Updates
7.7 CNPC
7.7.1 CNPC Degradable Frac Plug Corporation Information
7.7.2 CNPC Degradable Frac Plug Product Portfolio
7.7.3 CNPC Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.7.4 CNPC Main Business and 麻豆原创s Served
7.7.5 CNPC Recent Developments/Updates
7.8 Sinopec
7.8.1 Sinopec Degradable Frac Plug Corporation Information
7.8.2 Sinopec Degradable Frac Plug Product Portfolio
7.8.3 Sinopec Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Sinopec Main Business and 麻豆原创s Served
7.7.5 Sinopec Recent Developments/Updates
7.9 KLX Energy Services
7.9.1 KLX Energy Services Degradable Frac Plug Corporation Information
7.9.2 KLX Energy Services Degradable Frac Plug Product Portfolio
7.9.3 KLX Energy Services Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.9.4 KLX Energy Services Main Business and 麻豆原创s Served
7.9.5 KLX Energy Services Recent Developments/Updates
7.10 Expro
7.10.1 Expro Degradable Frac Plug Corporation Information
7.10.2 Expro Degradable Frac Plug Product Portfolio
7.10.3 Expro Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Expro Main Business and 麻豆原创s Served
7.10.5 Expro Recent Developments/Updates
7.11 Peak Completion Technologies, Inc.
7.11.1 Peak Completion Technologies, Inc. Degradable Frac Plug Corporation Information
7.11.2 Peak Completion Technologies, Inc. Degradable Frac Plug Product Portfolio
7.11.3 Peak Completion Technologies, Inc. Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Peak Completion Technologies, Inc. Main Business and 麻豆原创s Served
7.11.5 Peak Completion Technologies, Inc. Recent Developments/Updates
7.12 Weatherford
7.12.1 Weatherford Degradable Frac Plug Corporation Information
7.12.2 Weatherford Degradable Frac Plug Product Portfolio
7.12.3 Weatherford Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Weatherford Main Business and 麻豆原创s Served
7.12.5 Weatherford Recent Developments/Updates
7.13 Rubicon Oilfield International
7.13.1 Rubicon Oilfield International Degradable Frac Plug Corporation Information
7.13.2 Rubicon Oilfield International Degradable Frac Plug Product Portfolio
7.13.3 Rubicon Oilfield International Degradable Frac Plug Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Rubicon Oilfield International Main Business and 麻豆原创s Served
7.13.5 Rubicon Oilfield International Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Degradable Frac Plug Industry Chain Analysis
8.2 Degradable Frac Plug Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Degradable Frac Plug Production Mode & Process
8.4 Degradable Frac Plug Sales and 麻豆原创ing
8.4.1 Degradable Frac Plug Sales Channels
8.4.2 Degradable Frac Plug Distributors
8.5 Degradable Frac Plug Customers
9 Degradable Frac Plug 麻豆原创 Dynamics
9.1 Degradable Frac Plug Industry Trends
9.2 Degradable Frac Plug 麻豆原创 Drivers
9.3 Degradable Frac Plug 麻豆原创 Challenges
9.4 Degradable Frac Plug 麻豆原创 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 麻豆原创 Size Estimation
11.1.3 麻豆原创 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

Companies Mentioned:

Schlumberger
Halliburton
Nine Energy Service
Pyramid Oil Tools
Innovex Inc.
NOV Inc.
CNPC
Sinopec
KLX Energy Services
Expro
Peak Completion Technologies, Inc.
Weatherford
Rubicon Oilfield International

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