Fully Dissolvable Frac Plugs Market

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.
The dissolvable frac plug is designed for plug-and-perf applications and is composed of a new high-strength engineered metal that dissolves in water-based wellbore fluid, formation fluid, or production fluid. Complete dissolution of the frac plug eliminates the need for a separate mill run intervention into the wellbore, which helps reduce costs, operation time, and risks to personnel.
Fully Dissolvable Frac Plugs Market contains market size and forecasts of Fully Dissolvable Frac Plugs in global, including the following market information:
Global Fully Dissolvable Frac Plugs Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Fully Dissolvable Frac Plugs Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Fully Dissolvable Frac Plugs companies in 2021 (%)
The global Fully Dissolvable Frac Plugs market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small Caliber Fully Dissolvable Frac Plugs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Fully Dissolvable Frac Plugs include Schlumberger, Halliburton, Baker Hughes (GE), Innovex, NOV, Magnum Oil Tools, Weatherford, Rubicon Oilfield International and CNPC and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
surveyed the Fully Dissolvable Frac Plugs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Fully Dissolvable Frac Plugs Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Fully Dissolvable Frac Plugs Market Segment Percentages, by Type, 2021 (%)
Small Caliber Fully Dissolvable Frac Plugs
Large Caliber Fully Dissolvable Frac Plugs
Global Fully Dissolvable Frac Plugs Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Fully Dissolvable Frac Plugs Market Segment Percentages, by Application, 2021 (%)
Horizontal Well
Vertical Well
Global Fully Dissolvable Frac Plugs Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Fully Dissolvable Frac Plugs Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Fully Dissolvable Frac Plugs revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Fully Dissolvable Frac Plugs revenues share in global market, 2021 (%)
Key companies Fully Dissolvable Frac Plugs sales in global market, 2017-2022 (Estimated), (Units)
Key companies Fully Dissolvable Frac Plugs sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Halliburton
Baker Hughes (GE)
Innovex
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
CNPC
Peak Completion