Global Dissolvable Metal Frac Plugs Supply, Demand and Key Producers, 2026-2032
Description
The global Dissolvable Metal Frac Plugs market size is expected to reach $ 845 million by 2032, rising at a market growth of 8.9% CAGR during the forecast period (2026-2032).
The dissolvable metal 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.
Dissolvable frac plugs are generally in the range from 4.5 to 6 inches in diameter and 8 to 20 inches in length. A single wellbore requires 10 to 40 multi-part frac plugs to pressurize and perforate multiple oil and gas producing layers, also known as stages. Hydraulic fracturing, also known as fracking, hydrofracking, or hydrofracturing, is a stimulation technique for wells used for oil and gas production from tight reservoirs. In this process, the rock is fractured by a pressurized liquid. A fracking fluid is injected in the well at high pressure, which creates cracks in deep-rock formations. Through these cracks, natural gas, petroleum, and brine can flow more freely. In order to improve the overall productivity of hydraulic fracturing and attain better hydrocarbon flow, well completion techniques, such as plug and perf, are most commonly utilized. In this process, a bridge plug and perforation (perf) gun is placed at the desired stage in a well bore. Frac plugs are used as a temporary barrier to separate stages of zones during the fracturing or stimulation process. When the plug is set and the zone is perforated, a ball is pumped down to isolate the zones below the plugs. Ball-activated plugs deviate fracture fluids through perforations into the formation. After completion of all stages, the process is repeated. The development of soluble bridge plug market benefit from the development of unconventional oil and gas wells, especially shale gas wells.
The key manufacturers of Dissolvable Metal Frac Plugs in the world are Schlumberger Limited, Halliburton Company, China National Petroleum Corporation (CNPC), Nine Energy Service, Inc., Pyramid Oil Tools, LLC, China Petroleum & Chemical Corporation (Sinopec) , Innovex Inc. and NOV Inc., among which the market share of the top three producers is close to 50%, and Schlumberger Limited is the largest producer. The global production of dissolvable metal frac plugs is mainly distributed in North America and China. At present, North America is the largest production area, with a market share of more than 80%. In terms of its products, the growth rate of small caliber products is relatively fast and the market share is currently the highest, close to 90%, followed by large caliber products. As far as its application is concerned, horizontal well is the largest application field, accounting for nearly 90% of the market share, followed by vertical well.
This report studies the global Dissolvable Metal Frac Plugs production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Dissolvable Metal Frac Plugs and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Dissolvable Metal Frac Plugs that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Dissolvable Metal Frac Plugs total production and demand, 2021-2032, (Units)
Global Dissolvable Metal Frac Plugs total production value, 2021-2032, (USD Million)
Global Dissolvable Metal Frac Plugs production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Dissolvable Metal Frac Plugs consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Dissolvable Metal Frac Plugs domestic production, consumption, key domestic manufacturers and share
Global Dissolvable Metal Frac Plugs production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Dissolvable Metal Frac Plugs production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Dissolvable Metal Frac Plugs production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Dissolvable Metal Frac Plugs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Dissolvable Metal Frac Plugs market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Dissolvable Metal Frac Plugs Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Dissolvable Metal Frac Plugs Market, Segmentation by Type:
Small Caliber
Large Caliber
Global Dissolvable Metal Frac Plugs Market, Segmentation by Application:
Horizontal Well
Vertical Well
Companies Profiled:
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.
Key Questions Answered:
1. How big is the global Dissolvable Metal Frac Plugs market?
2. What is the demand of the global Dissolvable Metal Frac Plugs market?
3. What is the year over year growth of the global Dissolvable Metal Frac Plugs market?
4. What is the production and production value of the global Dissolvable Metal Frac Plugs market?
5. Who are the key producers in the global Dissolvable Metal Frac Plugs market?
6. What are the growth factors driving the market demand?
The dissolvable metal 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.
Dissolvable frac plugs are generally in the range from 4.5 to 6 inches in diameter and 8 to 20 inches in length. A single wellbore requires 10 to 40 multi-part frac plugs to pressurize and perforate multiple oil and gas producing layers, also known as stages. Hydraulic fracturing, also known as fracking, hydrofracking, or hydrofracturing, is a stimulation technique for wells used for oil and gas production from tight reservoirs. In this process, the rock is fractured by a pressurized liquid. A fracking fluid is injected in the well at high pressure, which creates cracks in deep-rock formations. Through these cracks, natural gas, petroleum, and brine can flow more freely. In order to improve the overall productivity of hydraulic fracturing and attain better hydrocarbon flow, well completion techniques, such as plug and perf, are most commonly utilized. In this process, a bridge plug and perforation (perf) gun is placed at the desired stage in a well bore. Frac plugs are used as a temporary barrier to separate stages of zones during the fracturing or stimulation process. When the plug is set and the zone is perforated, a ball is pumped down to isolate the zones below the plugs. Ball-activated plugs deviate fracture fluids through perforations into the formation. After completion of all stages, the process is repeated. The development of soluble bridge plug market benefit from the development of unconventional oil and gas wells, especially shale gas wells.
The key manufacturers of Dissolvable Metal Frac Plugs in the world are Schlumberger Limited, Halliburton Company, China National Petroleum Corporation (CNPC), Nine Energy Service, Inc., Pyramid Oil Tools, LLC, China Petroleum & Chemical Corporation (Sinopec) , Innovex Inc. and NOV Inc., among which the market share of the top three producers is close to 50%, and Schlumberger Limited is the largest producer. The global production of dissolvable metal frac plugs is mainly distributed in North America and China. At present, North America is the largest production area, with a market share of more than 80%. In terms of its products, the growth rate of small caliber products is relatively fast and the market share is currently the highest, close to 90%, followed by large caliber products. As far as its application is concerned, horizontal well is the largest application field, accounting for nearly 90% of the market share, followed by vertical well.
This report studies the global Dissolvable Metal Frac Plugs production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Dissolvable Metal Frac Plugs and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Dissolvable Metal Frac Plugs that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Dissolvable Metal Frac Plugs total production and demand, 2021-2032, (Units)
Global Dissolvable Metal Frac Plugs total production value, 2021-2032, (USD Million)
Global Dissolvable Metal Frac Plugs production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Dissolvable Metal Frac Plugs consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Dissolvable Metal Frac Plugs domestic production, consumption, key domestic manufacturers and share
Global Dissolvable Metal Frac Plugs production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Dissolvable Metal Frac Plugs production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Dissolvable Metal Frac Plugs production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Dissolvable Metal Frac Plugs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Dissolvable Metal Frac Plugs market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Dissolvable Metal Frac Plugs Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Dissolvable Metal Frac Plugs Market, Segmentation by Type:
Small Caliber
Large Caliber
Global Dissolvable Metal Frac Plugs Market, Segmentation by Application:
Horizontal Well
Vertical Well
Companies Profiled:
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.
Key Questions Answered:
1. How big is the global Dissolvable Metal Frac Plugs market?
2. What is the demand of the global Dissolvable Metal Frac Plugs market?
3. What is the year over year growth of the global Dissolvable Metal Frac Plugs market?
4. What is the production and production value of the global Dissolvable Metal Frac Plugs market?
5. Who are the key producers in the global Dissolvable Metal Frac Plugs market?
6. What are the growth factors driving the market demand?
Table of Contents
124 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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