1 エグゼクティブ・サマリー
2 序文
2.1 概要
2.2 ステークホルダー
2.3 調査範囲
2.4 調査方法
2.4.1 データマイニング
2.4.2 データ分析
2.4.3 データの検証
2.4.4 リサーチアプローチ
2.5 リサーチソース
2.5.1 一次調査ソース
2.5.2 セカンダリーリサーチソース
2.5.3 前提条件
3 市場動向分析
3.1 はじめに
3.2 推進要因
3.3 抑制要因
3.4 機会
3.5 脅威
3.6 技術分析
3.7 アプリケーション分析
3.8 新興市場
3.9 Covid-19の影響
4 ポーターズファイブフォース分析
4.1 供給者の交渉力
4.2 買い手の交渉力
4.3 代替品の脅威
4.4 新規参入の脅威
4.5 競争上のライバル関係
5 フラックプラグの世界市場：種類別
5.1 はじめに
5.2 複合フレークプラグ
5.3 金属製泥水抜きプラグ
5.4 生分解性フレークプラグ
6 坑井種類別フラックプラグの世界市場
6.1 はじめに
6.2 垂直坑井
6.3 水平坑井
6.4 マルチラテラルウェル
6.5 拡張リーチ坑井
6.6 方向性坑井
6.7 非在来型坑井
6.8 その他の坑井タイプ
7 フラックプラグの世界市場、流通チャネル別
7.1 はじめに
7.2 直接販売
7.3 販売業者
7.4 オンライン販売
8 フラックプラグの世界市場：技術別
8.1 はじめに
8.2 従来型
8.3 溶解可能
8.4 取り出し可能
9 フラックスプラグの世界市場：用途別
9.1 はじめに
9.2 石油・ガス探査
9.3 地熱エネルギー
9.4 石炭層ガス
9.5 坑井刺激
9.6 水井戸
9.7 その他の用途
10 フラックプラグの世界市場、地域別
10.1 はじめに
10.2 北アメリカ
10.2.1 アメリカ
10.2.2 カナダ
10.2.3 メキシコ
10.3 ヨーロッパ
10.3.1 ドイツ
10.3.2 イギリス
10.3.3 イタリア
10.3.4 フランス
10.3.5 スペイン
10.3.6 その他のヨーロッパ
10.4 アジア太平洋
10.4.1 日本
10.4.2 中国
10.4.3 インド
10.4.4 オーストラリア
10.4.5 ニュージーランド
10.4.6 韓国
10.4.7 その他のアジア太平洋地域
10.5 南アメリカ
10.5.1 アルゼンチン
10.5.2 ブラジル
10.5.3 チリ
10.5.4 その他の南アメリカ地域
10.6 中東/アフリカ
10.6.1 サウジアラビア
10.6.2 アラブ首長国連邦
10.6.3 カタール
10.6.4 南アフリカ
10.6.5 その他の中東/アフリカ地域
11 主要開発
11.1 契約、パートナーシップ、提携、合弁事業
11.2 買収と合併
11.3 新製品上市
11.4 事業拡大
11.5 その他の主要戦略
12 会社プロフィール
12.1 Schlumberger
12.2 Halliburton
12.3 Baker Hughes
12.4 Weatherford International
12.5 C&J Energy Services
12.6 Nine Energy Service
12.7 Trican Well Service
12.8 NCS Multistage
12.9 Liberty Oilfield Services
12.10 Calfrac Well Services
12.11 Pioneer Energy Services
12.12 BJ Services
12.13 Superior Energy Services
12.14 Nextier Oilfield Solutions
12.15 Great White Pressure Pumping
12.16 SPM Oil & Gas
12.17 GEODynamics
表一覧
1 フラックプラグの世界市場展望、地域別（2022-2030年） （$MN）
2 フラックプラグの世界市場展望、種類別 （2022-2030） （$MN）
3 フラックプラグの世界市場展望、複合フラックプラグ別 （2022-2030） （$MN）
4 フラックプラグの世界市場展望、金属フラックプラグ別 （2022-2030） （$MN）
5 フラックプラグの世界市場展望、生分解性フラックプラグ別 （2022-2030） （$MN）
6 フラックプラグの世界市場展望、坑井種類別 （2022-2030） （$MN）
7 フラックプラグの世界市場展望、垂直井戸別 （2022-2030） （$MN）
8 フラックプラグの世界市場展望、水平井戸別 （2022-2030） （$MN）
9 フラックプラグの世界市場展望、多角坑井戸別 （2022-2030） （$MN）
10 フラックプラグの世界市場展望、拡張リーチ坑井戸別 （2022-2030） （$MN）
11 フラックプラグの世界市場展望、方向性坑井戸別 （2022-2030） （$MN）
12 フラックプラグの世界市場展望、非在来型坑井別 （2022-2030） （$MN）
13 フラックプラグの世界市場展望、その他の坑井種類別 （2022-2030） （$MN）
14 フラックプラグの世界市場展望、流通チャネル別 （2022-2030） （$MN）
15 フラックプラグの世界市場展望：直接販売別 （2022-2030） （$MN）
16 フラックプラグの世界市場展望：販売業者別 （2022-2030） （$MN）
17 フラックプラグの世界市場展望：オンライン販売業者別 （2022-2030） （$MN）
18 フラックプラグの世界市場展望、技術別 （2022-2030） （$MN）
19 フラックプラグの世界市場展望：従来型（2022-2030年）別 （$MN）
20 フラックプラグの世界市場展望、溶解性別 （2022-2030） （$MN）
21 フラックプラグの世界市場展望、回収可能型別 （2022-2030） （$MN）
22 フラックプラグの世界市場展望、用途別 （2022-2030） （$MN）
23 フラックプラグの世界市場展望、石油・ガス探査別 （2022-2030） （$MN）
24 フラックプラグの世界市場展望、地熱エネルギー別 （2022-2030） （$MN）
25 フラックプラグの世界市場展望、コールシームガス別 （2022-2030） （$MN）
26 フラックプラグの世界市場展望、坑井刺激別 （2022-2030） （$MN）
27 フラックプラグの世界市場展望、水井戸別 （2022-2030） （$MN）
28 フラックプラグの世界市場展望、その他の用途別 （2022-2030） （$MN）
注：北アメリカ、ヨーロッパ、APAC、南アメリカ、中東/アフリカ地域の表も上記と同様に表記しています。
According to the U.S. Energy Information Administration, global liquid fuel consumption has increased from 99.9 mbd in 2022 to 101.9 mbd in 2023.
Market Dynamics:
Driver:
Increased shale gas exploration
Frac plugs play a critical role in isolating sections of the well during fracturing, ensuring efficient extraction. As shale gas exploration expands, the need for reliable and advanced frac plugs intensifies. The surge in shale gas projects has led to a heightened demand for advanced frac plugs, which are critical for improving the efficiency and effectiveness of fracturing operations. This increasing reliance on hydraulic fracturing in shale gas extraction is directly fueling the expansion of the frac plugs market.
Restraint:
Technical challenges
Technical challenges in frac plugs include issues with plug retrieval, incomplete dissolution in the case of dissolvable plugs, and difficulties in deployment in deep or complex well environments. These challenges can lead to operational delays, increased costs, and the potential for well integrity issues. For instance, if a plug fails to dissolve or is difficult to remove, it can obstruct the flow of hydrocarbons, reducing well productivity. Such technical hurdles make operators hesitant to adopt certain types of frac plugs, thereby hampering market growth.
Opportunity:
Growing global energy demand
Growing global energy demand drives the expansion of oil and gas exploration and production activities, particularly in unconventional resources like shale formations. As energy companies seek to meet this rising demand, hydraulic fracturing becomes increasingly essential for accessing these resources. Frac plugs, which are critical tools in the fracturing process, are in higher demand as they enable efficient well completion and maximize hydrocarbon extraction. The need for more wells and enhanced production efficiency directly boosts the demand for frac plugs, fueling market growth as energy consumption continues to rise globally.
Threat:
Vendor lock-in
Volatility in oil prices is driven by factors like geopolitical tensions, fluctuating supply and demand, OPEC decisions, and economic uncertainties. When oil prices drop, energy companies reduce investments in exploration and production to cut costs, leading to fewer drilling and hydraulic fracturing activities. This decline in upstream operations directly hampers the demand for frac plugs, as fewer wells are completed. Consequently, the frac plugs market experiences slower growth during periods of low oil prices due to reduced drilling activity and delayed projects.
Covid-19 Impact
The covid-19 pandemic led to a significant impact on the frac plugs market, causing a decrease in oil and gas exploration activities due to lower energy demand and disrupted supply chains. Reduced investments and halted projects further affected market growth. However, as the industry recovers and production ramps up, the demand for frac plugs is expected to rebound, driven by increased drilling activities and the need for efficient hydraulic fracturing solutions to optimize oil and gas extraction.
The biodegradable frac plugs segment is expected to be the largest during the forecast period
The biodegradable frac plugs segment is estimated to be the largest during the forecast period. Biodegradable frac plugs are advanced well completion tools used in hydraulic fracturing that dissolve naturally after serving their purpose, eliminating the need for retrieval and reducing environmental impact. Made from materials like polyglycolic acid, these plugs break down into harmless byproducts, simplifying well operations and minimizing debris left in the wellbore. Their use enhances operational efficiency, cuts costs, and aligns with environmental regulations, making them increasingly popular in the oil and gas industry.
The geothermal energy segment is expected to have the highest CAGR during the forecast period
The geothermal energy segment is anticipated to witness the highest CAGR growth during the forecast period. Frac plugs are used to isolate sections of the wellbore during hydraulic fracturing, a process that enhances the permeability of geothermal reservoirs. By enabling targeted fracturing, frac plugs help optimize the flow of geothermal fluids, improving the efficiency of heat extraction. The use of frac plugs in geothermal wells is essential for creating multiple fracture zones, thereby maximizing the energy output from geothermal resources and contributing to more efficient and sustainable energy production.
Region with largest share:
The frac plugs market in the Asia-Pacific region is to experience largest share due to increasing oil and gas exploration and production activities. This growth is driven by rising energy demands, particularly in emerging economies like China and India, which are expanding their energy infrastructure. The region's vast untapped reserves and technological advancements in hydraulic fracturing are also contributing to the market's expansion. Additionally, investments in unconventional resource extraction are enhancing market potential and driving competitive dynamics in the region.
Region with highest CAGR:
The frac plugs market in North America is estimated to have highest CAGR, primarily driven by the region's significant oil and gas production activities, particularly in shale plays like the Permian Basin and the Bakken Formation. The market benefits from ongoing investments in infrastructure and innovation, leading to the development of more efficient and reliable frac plug technologies.
Key players in the market:
Some of the key players profiled in the Frac Plugs Market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, C&J Energy Services, Nine Energy Service, Trican Well Service, NCS Multistage, Liberty Oilfield Services, Calfrac Well Services, Pioneer Energy Services, BJ Services, Superior Energy Services, Nextier Oilfield Solutions, Great White Pressure Pumping, SPM Oil & Gas and GEODynamics.
Key Developments:
In May 2022, SPM Oil & Gas has announced an innovation to enhance the hydraulic fracturing process: the new, more streamlined SPM™ Simplified Frac Iron System. The Simplified Frac Iron System improves the typically disjointed process inherent with conventional ground iron. This results in fewer lines, connections and components.
In March 2022, GEODynamics® has introduced its new EVOLV® Composite Frac Plug with Quick Connect Technology. The new EVOLV plug eliminates many horizontal completions challenges and has been shown to allow wireline firms to improve time savings at the wellsite by 95%, 15 seconds compared to 300 seconds with conventional plugs, enabling operators to realise greater efficiencies in the oilfield.
Types Covered:
• Composite Frac Plugs
• Metal Frac Plugs
• Biodegradable Frac Plugs
Well Types Covered:
• Vertical Wells
• Horizontal Wells
• Multilateral Wells
• Extended Reach Wells
• Directional Wells
• Unconventional Wells
• Other Well Types
Distribution Channels Covered:
• Direct Sales
• Distributors
• Online Sales
Technologies Covered:
• Conventional
• Dissolvable
• Retrievable
Applications Covered:
• Oil & Gas Exploration
• Geothermal Energy
• Coal Seam Gas
• Well Stimulation
• Water Wells
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Frac Plugs Market, By Type
5.1 Introduction
5.2 Composite Frac Plugs
5.3 Metal Frac Plugs
5.4 Biodegradable Frac Plugs
6 Global Frac Plugs Market, By Well Type
6.1 Introduction
6.2 Vertical Wells
6.3 Horizontal Wells
6.4 Multilateral Wells
6.5 Extended Reach Wells
6.6 Directional Wells
6.7 Unconventional Wells
6.8 Other Well Types
7 Global Frac Plugs Market, By Distribution Channel
7.1 Introduction
7.2 Direct Sales
7.3 Distributors
7.4 Online Sales
8 Global Frac Plugs Market, By Technology
8.1 Introduction
8.2 Conventional
8.3 Dissolvable
8.4 Retrievable
9 Global Frac Plugs Market, By Application
9.1 Introduction
9.2 Oil & Gas Exploration
9.3 Geothermal Energy
9.4 Coal Seam Gas
9.5 Well Stimulation
9.6 Water Wells
9.7 Other Applications
10 Global Frac Plugs Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Schlumberger
12.2 Halliburton
12.3 Baker Hughes
12.4 Weatherford International
12.5 C&J Energy Services
12.6 Nine Energy Service
12.7 Trican Well Service
12.8 NCS Multistage
12.9 Liberty Oilfield Services
12.10 Calfrac Well Services
12.11 Pioneer Energy Services
12.12 BJ Services
12.13 Superior Energy Services
12.14 Nextier Oilfield Solutions
12.15 Great White Pressure Pumping
12.16 SPM Oil & Gas
12.17 GEODynamics
List of Tables
1 Global Frac Plugs Market Outlook, By Region (2022-2030) ($MN)
2 Global Frac Plugs Market Outlook, By Type (2022-2030) ($MN)
3 Global Frac Plugs Market Outlook, By Composite Frac Plugs (2022-2030) ($MN)
4 Global Frac Plugs Market Outlook, By Metal Frac Plugs (2022-2030) ($MN)
5 Global Frac Plugs Market Outlook, By Biodegradable Frac Plugs (2022-2030) ($MN)
6 Global Frac Plugs Market Outlook, By Well Type (2022-2030) ($MN)
7 Global Frac Plugs Market Outlook, By Vertical Wells (2022-2030) ($MN)
8 Global Frac Plugs Market Outlook, By Horizontal Wells (2022-2030) ($MN)
9 Global Frac Plugs Market Outlook, By Multilateral Wells (2022-2030) ($MN)
10 Global Frac Plugs Market Outlook, By Extended Reach Wells (2022-2030) ($MN)
11 Global Frac Plugs Market Outlook, By Directional Wells (2022-2030) ($MN)
12 Global Frac Plugs Market Outlook, By Unconventional Wells (2022-2030) ($MN)
13 Global Frac Plugs Market Outlook, By Other Well Types (2022-2030) ($MN)
14 Global Frac Plugs Market Outlook, By Distribution Channel (2022-2030) ($MN)
15 Global Frac Plugs Market Outlook, By Direct Sales (2022-2030) ($MN)
16 Global Frac Plugs Market Outlook, By Distributors (2022-2030) ($MN)
17 Global Frac Plugs Market Outlook, By Online Sales (2022-2030) ($MN)
18 Global Frac Plugs Market Outlook, By Technology (2022-2030) ($MN)
19 Global Frac Plugs Market Outlook, By Conventional (2022-2030) ($MN)
20 Global Frac Plugs Market Outlook, By Dissolvable (2022-2030) ($MN)
21 Global Frac Plugs Market Outlook, By Retrievable (2022-2030) ($MN)
22 Global Frac Plugs Market Outlook, By Application (2022-2030) ($MN)
23 Global Frac Plugs Market Outlook, By Oil & Gas Exploration (2022-2030) ($MN)
24 Global Frac Plugs Market Outlook, By Geothermal Energy (2022-2030) ($MN)
25 Global Frac Plugs Market Outlook, By Coal Seam Gas (2022-2030) ($MN)
26 Global Frac Plugs Market Outlook, By Well Stimulation (2022-2030) ($MN)
27 Global Frac Plugs Market Outlook, By Water Wells (2022-2030) ($MN)
28 Global Frac Plugs Market Outlook, By Other Applications (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
