Composite Frac Plugs and Frac Balls Market offers healthy growth opportunity during 2018-2023
Composite Frac Plugs and Frac Balls Market research report is a global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 18, 2018 )
Stratview Research announces the launch of a new research report on Composite Frac Plugs and Frac Balls Market. This extensive report from Stratview Research, studies Composite Frac Plugs and Frac Balls Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Composite Frac Plugs and Frac Balls Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Product Type (Frac Plugs, Frac Balls)
• by Resin Type (Epoxy Resin, Phenolic Resin, Other Resins)
• by Manufacturing Process Type (Injection Molding, Filament Winding, Other Processes)
• by Sales Channel Type (Direct Sales, Distributors)
• by Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed TOC: https://www.stratviewresearch.com/toc/365/Composite-Frac-Plugs-and-Frac-Balls-Market.html
Or
Get a free sample: https://www.stratviewresearch.com/Request-Sample/365/Composite-Frac-Plugs-and-Frac-Balls-Market.html
Composite Frac Plugs and Frac Balls Market Insights
Composite frac plugs and frac balls are designed to provide zonal isolation of a wellbore between multistage stimulation treatments during the hydraulic fracturing. These composite balls and plugs are made from glass fiber and epoxy or phenolic resin and are easier to mill out than metal plugs and balls. They can withstand higher pressure and temperature than traditional plastic and dissolvable salt balls.
The global composite frac plugs and frac balls market offers healthy growth opportunity during the forecast period of 2018 to 2023. Recovery of oil & gas exploration activities, mammoth shale gas reserve in different parts of the world, especially in the USA, and superior performance of composite frac plugs and balls over their rival are the major factors burgeoning the growth of the market. Both, composite frac plugs and frac balls, are expected to experience similar growth in the next five years, driven by increasing use of composites frac balls and plugs in the onshore oil & gas application.
The supply chain of this market comprises raw material manufacturers, composite frac plug and frac ball manufacturers, drilling contractors, EPC contractors and operators (oil & gas companies). The key oil & gas service companies are Baker Hughes, Halliburton (Houston), Schlumberger (Houston) and Weatherford International (Zug, Switzerland). The key oil & gas companies are British Petroleum, Shell, Exxon Mobil, Chevron, and ConocoPhillips.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Composite Frac Plugs and Frac Balls Market. This extensive report from Stratview Research, studies Composite Frac Plugs and Frac Balls Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Composite Frac Plugs and Frac Balls Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Product Type (Frac Plugs, Frac Balls)
• by Resin Type (Epoxy Resin, Phenolic Resin, Other Resins)
• by Manufacturing Process Type (Injection Molding, Filament Winding, Other Processes)
• by Sales Channel Type (Direct Sales, Distributors)
• by Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed TOC: https://www.stratviewresearch.com/toc/365/Composite-Frac-Plugs-and-Frac-Balls-Market.html
Or
Get a free sample: https://www.stratviewresearch.com/Request-Sample/365/Composite-Frac-Plugs-and-Frac-Balls-Market.html
Composite Frac Plugs and Frac Balls Market Insights
Composite frac plugs and frac balls are designed to provide zonal isolation of a wellbore between multistage stimulation treatments during the hydraulic fracturing. These composite balls and plugs are made from glass fiber and epoxy or phenolic resin and are easier to mill out than metal plugs and balls. They can withstand higher pressure and temperature than traditional plastic and dissolvable salt balls.
The global composite frac plugs and frac balls market offers healthy growth opportunity during the forecast period of 2018 to 2023. Recovery of oil & gas exploration activities, mammoth shale gas reserve in different parts of the world, especially in the USA, and superior performance of composite frac plugs and balls over their rival are the major factors burgeoning the growth of the market. Both, composite frac plugs and frac balls, are expected to experience similar growth in the next five years, driven by increasing use of composites frac balls and plugs in the onshore oil & gas application.
The supply chain of this market comprises raw material manufacturers, composite frac plug and frac ball manufacturers, drilling contractors, EPC contractors and operators (oil & gas companies). The key oil & gas service companies are Baker Hughes, Halliburton (Houston), Schlumberger (Houston) and Weatherford International (Zug, Switzerland). The key oil & gas companies are British Petroleum, Shell, Exxon Mobil, Chevron, and ConocoPhillips.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results