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Dissolvable Metal Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Dissolvable Metal Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Chemical & Material

Published: 2025-01-07

Pages: 121 Pages

Report ld: 3528322

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  • Table of Contents 选中
  • Table of Figures 选中
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  • Description 选中
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Description

The global market for Dissolvable Metal Frac Plugs was estimated to be worth US$ 420 million in 2024 and is forecast to a readjusted size of US$ 768 million by 2031 with a CAGR of 9.1% during the forecast period 2025-2031.

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 aims to provide a comprehensive presentation of the global market for Dissolvable Metal Frac Plugs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Dissolvable Metal Frac Plugs by region & country, by Type, and by Application.

The Dissolvable Metal Frac Plugs market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dissolvable Metal Frac Plugs.

Market Segmentation
  • Report Metric

  • Details

  • Report Title

  • Dissolvable Metal Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

  • Global Dissolvable Metal Frac Plugs Companies Covered

  • 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.

  • Global Dissolvable Metal Frac Plugs Market, by Region

  • North America (U.S., Canada, Mexico)

    Europe (Germany, France, UK, Italy, etc.)

    Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

    South America (Brazil, etc.)

    Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

  • Global Dissolvable Metal Frac Plugs Market, Segment by Type

  • Small Caliber

    Large Caliber

  • Global Dissolvable Metal Frac Plugs Market, Segment by Application

  • Horizontal Well

    Vertical Well

  • Forecast Units

  • USD million in value

  • Report Coverage

  • Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Dissolvable Metal Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Dissolvable Metal Frac Plugs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Dissolvable Metal Frac Plugs in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
1.1 Dissolvable Metal Frac Plugs Product Introduction
1.2 Global Dissolvable Metal Frac Plugs Market Size Forecast
1.2.1 Global Dissolvable Metal Frac Plugs Sales Value (2020-2031)
1.2.2 Global Dissolvable Metal Frac Plugs Sales Volume (2020-2031)
1.2.3 Global Dissolvable Metal Frac Plugs Sales Price (2020-2031)
1.3 Dissolvable Metal Frac Plugs Market Trends & Drivers
1.3.1 Dissolvable Metal Frac Plugs Industry Trends
1.3.2 Dissolvable Metal Frac Plugs Market Drivers & Opportunity
1.3.3 Dissolvable Metal Frac Plugs Market Challenges
1.3.4 Dissolvable Metal Frac Plugs Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

 2 Competitive Analysis by Company
2.1 Global Dissolvable Metal Frac Plugs Players Revenue Ranking (2024)
2.2 Global Dissolvable Metal Frac Plugs Revenue by Company (2020-2025)
2.3 Global Dissolvable Metal Frac Plugs Players Sales Volume Ranking (2024)
2.4 Global Dissolvable Metal Frac Plugs Sales Volume by Company Players (2020-2025)
2.5 Global Dissolvable Metal Frac Plugs Average Price by Company (2020-2025)
2.6 Key Manufacturers Dissolvable Metal Frac Plugs Manufacturing Base and Headquarters
2.7 Key Manufacturers Dissolvable Metal Frac Plugs Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Dissolvable Metal Frac Plugs
2.9 Dissolvable Metal Frac Plugs Market Competitive Analysis
2.9.1 Dissolvable Metal Frac Plugs Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Dissolvable Metal Frac Plugs Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Dissolvable Metal Frac Plugs as of 2024)
2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Small Caliber
3.1.2 Large Caliber
3.2 Global Dissolvable Metal Frac Plugs Sales Value by Type
3.2.1 Global Dissolvable Metal Frac Plugs Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Dissolvable Metal Frac Plugs Sales Value, by Type (2020-2031)
3.2.3 Global Dissolvable Metal Frac Plugs Sales Value, by Type (%) (2020-2031)
3.3 Global Dissolvable Metal Frac Plugs Sales Volume by Type
3.3.1 Global Dissolvable Metal Frac Plugs Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Dissolvable Metal Frac Plugs Sales Volume, by Type (2020-2031)
3.3.3 Global Dissolvable Metal Frac Plugs Sales Volume, by Type (%) (2020-2031)
3.4 Global Dissolvable Metal Frac Plugs Average Price by Type (2020-2031)

 4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Horizontal Well
4.1.2 Vertical Well
4.2 Global Dissolvable Metal Frac Plugs Sales Value by Application
4.2.1 Global Dissolvable Metal Frac Plugs Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Dissolvable Metal Frac Plugs Sales Value, by Application (2020-2031)
4.2.3 Global Dissolvable Metal Frac Plugs Sales Value, by Application (%) (2020-2031)
4.3 Global Dissolvable Metal Frac Plugs Sales Volume by Application
4.3.1 Global Dissolvable Metal Frac Plugs Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Dissolvable Metal Frac Plugs Sales Volume, by Application (2020-2031)
4.3.3 Global Dissolvable Metal Frac Plugs Sales Volume, by Application (%) (2020-2031)
4.4 Global Dissolvable Metal Frac Plugs Average Price by Application (2020-2031)

 5 Segmentation by Region
5.1 Global Dissolvable Metal Frac Plugs Sales Value by Region
5.1.1 Global Dissolvable Metal Frac Plugs Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Dissolvable Metal Frac Plugs Sales Value by Region (2020-2025)
5.1.3 Global Dissolvable Metal Frac Plugs Sales Value by Region (2026-2031)
5.1.4 Global Dissolvable Metal Frac Plugs Sales Value by Region (%), (2020-2031)
5.2 Global Dissolvable Metal Frac Plugs Sales Volume by Region
5.2.1 Global Dissolvable Metal Frac Plugs Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Dissolvable Metal Frac Plugs Sales Volume by Region (2020-2025)
5.2.3 Global Dissolvable Metal Frac Plugs Sales Volume by Region (2026-2031)
5.2.4 Global Dissolvable Metal Frac Plugs Sales Volume by Region (%), (2020-2031)
5.3 Global Dissolvable Metal Frac Plugs Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Dissolvable Metal Frac Plugs Sales Value, 2020-2031
5.4.2 North America Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Dissolvable Metal Frac Plugs Sales Value, 2020-2031
5.5.2 Europe Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Dissolvable Metal Frac Plugs Sales Value, 2020-2031
5.6.2 Asia Pacific Dissolvable Metal Frac Plugs Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Dissolvable Metal Frac Plugs Sales Value, 2020-2031
5.7.2 South America Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Dissolvable Metal Frac Plugs Sales Value, 2020-2031
5.8.2 Middle East & Africa Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031

 6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value
6.2.1 Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.2.2 Key Countries/Regions Dissolvable Metal Frac Plugs Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.3.2 United States Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.4.2 Europe Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.5.2 China Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.5.3 China Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.6.2 Japan Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.7.2 South Korea Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.8.2 Southeast Asia Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Dissolvable Metal Frac Plugs Sales Value, 2020-2031
6.9.2 India Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
6.9.3 India Dissolvable Metal Frac Plugs Sales Value by Application, 2024 VS 2031

 7 Company Profiles
7.1 Schlumberger Limited
7.1.1 Schlumberger Limited Company Information
7.1.2 Schlumberger Limited Introduction and Business Overview
7.1.3 Schlumberger Limited Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Schlumberger Limited Dissolvable Metal Frac Plugs Product Offerings
7.1.5 Schlumberger Limited Recent Development
7.2 Halliburton Company
7.2.1 Halliburton Company Company Information
7.2.2 Halliburton Company Introduction and Business Overview
7.2.3 Halliburton Company Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Halliburton Company Dissolvable Metal Frac Plugs Product Offerings
7.2.5 Halliburton Company Recent Development
7.3 China National Petroleum Corporation (CNPC)
7.3.1 China National Petroleum Corporation (CNPC) Company Information
7.3.2 China National Petroleum Corporation (CNPC) Introduction and Business Overview
7.3.3 China National Petroleum Corporation (CNPC) Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 China National Petroleum Corporation (CNPC) Dissolvable Metal Frac Plugs Product Offerings
7.3.5 China National Petroleum Corporation (CNPC) Recent Development
7.4 Nine Energy Service, Inc.
7.4.1 Nine Energy Service, Inc. Company Information
7.4.2 Nine Energy Service, Inc. Introduction and Business Overview
7.4.3 Nine Energy Service, Inc. Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Nine Energy Service, Inc. Dissolvable Metal Frac Plugs Product Offerings
7.4.5 Nine Energy Service, Inc. Recent Development
7.5 Pyramid Oil Tools, LLC
7.5.1 Pyramid Oil Tools, LLC Company Information
7.5.2 Pyramid Oil Tools, LLC Introduction and Business Overview
7.5.3 Pyramid Oil Tools, LLC Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Pyramid Oil Tools, LLC Dissolvable Metal Frac Plugs Product Offerings
7.5.5 Pyramid Oil Tools, LLC Recent Development
7.6 China Petroleum & Chemical Corporation (Sinopec)
7.6.1 China Petroleum & Chemical Corporation (Sinopec) Company Information
7.6.2 China Petroleum & Chemical Corporation (Sinopec) Introduction and Business Overview
7.6.3 China Petroleum & Chemical Corporation (Sinopec) Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 China Petroleum & Chemical Corporation (Sinopec) Dissolvable Metal Frac Plugs Product Offerings
7.6.5 China Petroleum & Chemical Corporation (Sinopec) Recent Development
7.7 Innovex Inc.
7.7.1 Innovex Inc. Company Information
7.7.2 Innovex Inc. Introduction and Business Overview
7.7.3 Innovex Inc. Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Innovex Inc. Dissolvable Metal Frac Plugs Product Offerings
7.7.5 Innovex Inc. Recent Development
7.8 NOV Inc.
7.8.1 NOV Inc. Company Information
7.8.2 NOV Inc. Introduction and Business Overview
7.8.3 NOV Inc. Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 NOV Inc. Dissolvable Metal Frac Plugs Product Offerings
7.8.5 NOV Inc. Recent Development
7.9 Klx Energy Services Inc.
7.9.1 Klx Energy Services Inc. Company Information
7.9.2 Klx Energy Services Inc. Introduction and Business Overview
7.9.3 Klx Energy Services Inc. Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Klx Energy Services Inc. Dissolvable Metal Frac Plugs Product Offerings
7.9.5 Klx Energy Services Inc. Recent Development
7.10 Expro Group
7.10.1 Expro Group Company Information
7.10.2 Expro Group Introduction and Business Overview
7.10.3 Expro Group Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Expro Group Dissolvable Metal Frac Plugs Product Offerings
7.10.5 Expro Group Recent Development
7.11 Peak Completion Technologies, Inc.
7.11.1 Peak Completion Technologies, Inc. Company Information
7.11.2 Peak Completion Technologies, Inc. Introduction and Business Overview
7.11.3 Peak Completion Technologies, Inc. Dissolvable Metal Frac Plugs Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Peak Completion Technologies, Inc. Dissolvable Metal Frac Plugs Product Offerings
7.11.5 Peak Completion Technologies, Inc. Recent Development

 8 Industry Chain Analysis
8.1 Dissolvable Metal Frac Plugs Industrial Chain
8.2 Dissolvable Metal Frac Plugs Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Dissolvable Metal Frac Plugs Sales Model
8.5.2 Sales Channel
8.5.3 Dissolvable Metal Frac Plugs Distributors

 9 Research Findings and Conclusion

 10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

Table of Figures

List of Tables
 Table 1. Dissolvable Metal Frac Plugs Market Trends
 Table 2. Dissolvable Metal Frac Plugs Market Drivers & Opportunity
 Table 3. Dissolvable Metal Frac Plugs Market Challenges
 Table 4. Dissolvable Metal Frac Plugs Market Restraints
 Table 5. Global Dissolvable Metal Frac Plugs Revenue by Company (2020-2025) & (US$ Million)
 Table 6. Global Dissolvable Metal Frac Plugs Revenue Market Share by Company (2020-2025)
 Table 7. Global Dissolvable Metal Frac Plugs Sales Volume by Company (2020-2025) & (Units)
 Table 8. Global Dissolvable Metal Frac Plugs Sales Volume Market Share by Company (2020-2025)
 Table 9. Global Market Dissolvable Metal Frac Plugs Price by Company (2020-2025) & (US$/Unit)
 Table 10. Key Manufacturers Dissolvable Metal Frac Plugs Manufacturing Base and Headquarters
 Table 11. Key Manufacturers Dissolvable Metal Frac Plugs Product Type
 Table 12. Key Manufacturers Time to Begin Mass Production of Dissolvable Metal Frac Plugs
 Table 13. Global Dissolvable Metal Frac Plugs Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Dissolvable Metal Frac Plugs as of 2024)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Dissolvable Metal Frac Plugs Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Dissolvable Metal Frac Plugs Sales Value by Type (2020-2025) & (US$ Million)
 Table 18. Global Dissolvable Metal Frac Plugs Sales Value by Type (2026-2031) & (US$ Million)
 Table 19. Global Dissolvable Metal Frac Plugs Sales Market Share in Value by Type (2020-2025)
 Table 20. Global Dissolvable Metal Frac Plugs Sales Market Share in Value by Type (2026-2031)
 Table 21. Global Dissolvable Metal Frac Plugs Sales Volume by Type: 2020 VS 2024 VS 2031 (Units)
 Table 22. Global Dissolvable Metal Frac Plugs Sales Volume by Type (2020-2025) & (Units)
 Table 23. Global Dissolvable Metal Frac Plugs Sales Volume by Type (2026-2031) & (Units)
 Table 24. Global Dissolvable Metal Frac Plugs Sales Market Share in Volume by Type (2020-2025)
 Table 25. Global Dissolvable Metal Frac Plugs Sales Market Share in Volume by Type (2026-2031)
 Table 26. Global Dissolvable Metal Frac Plugs Price by Type (2020-2025) & (US$/Unit)
 Table 27. Global Dissolvable Metal Frac Plugs Price by Type (2026-2031) & (US$/Unit)
 Table 28. Global Dissolvable Metal Frac Plugs Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
 Table 29. Global Dissolvable Metal Frac Plugs Sales Value by Application (2020-2025) & (US$ Million)
 Table 30. Global Dissolvable Metal Frac Plugs Sales Value by Application (2026-2031) & (US$ Million)
 Table 31. Global Dissolvable Metal Frac Plugs Sales Market Share in Value by Application (2020-2025)
 Table 32. Global Dissolvable Metal Frac Plugs Sales Market Share in Value by Application (2026-2031)
 Table 33. Global Dissolvable Metal Frac Plugs Sales Volume by Application: 2020 VS 2024 VS 2031 (Units)
 Table 34. Global Dissolvable Metal Frac Plugs Sales Volume by Application (2020-2025) & (Units)
 Table 35. Global Dissolvable Metal Frac Plugs Sales Volume by Application (2026-2031) & (Units)
 Table 36. Global Dissolvable Metal Frac Plugs Sales Market Share in Volume by Application (2020-2025)
 Table 37. Global Dissolvable Metal Frac Plugs Sales Market Share in Volume by Application (2026-2031)
 Table 38. Global Dissolvable Metal Frac Plugs Price by Application (2020-2025) & (US$/Unit)
 Table 39. Global Dissolvable Metal Frac Plugs Price by Application (2026-2031) & (US$/Unit)
 Table 40. Global Dissolvable Metal Frac Plugs Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
 Table 41. Global Dissolvable Metal Frac Plugs Sales Value by Region (2020-2025) & (US$ Million)
 Table 42. Global Dissolvable Metal Frac Plugs Sales Value by Region (2026-2031) & (US$ Million)
 Table 43. Global Dissolvable Metal Frac Plugs Sales Value by Region (2020-2025) & (%)
 Table 44. Global Dissolvable Metal Frac Plugs Sales Value by Region (2026-2031) & (%)
 Table 45. Global Dissolvable Metal Frac Plugs Sales Volume by Region (Units): 2020 VS 2024 VS 2031
 Table 46. Global Dissolvable Metal Frac Plugs Sales Volume by Region (2020-2025) & (Units)
 Table 47. Global Dissolvable Metal Frac Plugs Sales Volume by Region (2026-2031) & (Units)
 Table 48. Global Dissolvable Metal Frac Plugs Sales Volume by Region (2020-2025) & (%)
 Table 49. Global Dissolvable Metal Frac Plugs Sales Volume by Region (2026-2031) & (%)
 Table 50. Global Dissolvable Metal Frac Plugs Average Price by Region (2020-2025) & (US$/Unit)
 Table 51. Global Dissolvable Metal Frac Plugs Average Price by Region (2026-2031) & (US$/Unit)
 Table 52. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
 Table 53. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value, (2020-2025) & (US$ Million)
 Table 54. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value, (2026-2031) & (US$ Million)
 Table 55. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Volume, (2020-2025) & (Units)
 Table 56. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Volume, (2026-2031) & (Units)
 Table 57. Schlumberger Limited Company Information
 Table 58. Schlumberger Limited Introduction and Business Overview
 Table 59. Schlumberger Limited Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 60. Schlumberger Limited Dissolvable Metal Frac Plugs Product Offerings
 Table 61. Schlumberger Limited Recent Development
 Table 62. Halliburton Company Company Information
 Table 63. Halliburton Company Introduction and Business Overview
 Table 64. Halliburton Company Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 65. Halliburton Company Dissolvable Metal Frac Plugs Product Offerings
 Table 66. Halliburton Company Recent Development
 Table 67. China National Petroleum Corporation (CNPC) Company Information
 Table 68. China National Petroleum Corporation (CNPC) Introduction and Business Overview
 Table 69. China National Petroleum Corporation (CNPC) Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 70. China National Petroleum Corporation (CNPC) Dissolvable Metal Frac Plugs Product Offerings
 Table 71. China National Petroleum Corporation (CNPC) Recent Development
 Table 72. Nine Energy Service, Inc. Company Information
 Table 73. Nine Energy Service, Inc. Introduction and Business Overview
 Table 74. Nine Energy Service, Inc. Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. Nine Energy Service, Inc. Dissolvable Metal Frac Plugs Product Offerings
 Table 76. Nine Energy Service, Inc. Recent Development
 Table 77. Pyramid Oil Tools, LLC Company Information
 Table 78. Pyramid Oil Tools, LLC Introduction and Business Overview
 Table 79. Pyramid Oil Tools, LLC Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 80. Pyramid Oil Tools, LLC Dissolvable Metal Frac Plugs Product Offerings
 Table 81. Pyramid Oil Tools, LLC Recent Development
 Table 82. China Petroleum & Chemical Corporation (Sinopec) Company Information
 Table 83. China Petroleum & Chemical Corporation (Sinopec) Introduction and Business Overview
 Table 84. China Petroleum & Chemical Corporation (Sinopec) Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 85. China Petroleum & Chemical Corporation (Sinopec) Dissolvable Metal Frac Plugs Product Offerings
 Table 86. China Petroleum & Chemical Corporation (Sinopec) Recent Development
 Table 87. Innovex Inc. Company Information
 Table 88. Innovex Inc. Introduction and Business Overview
 Table 89. Innovex Inc. Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 90. Innovex Inc. Dissolvable Metal Frac Plugs Product Offerings
 Table 91. Innovex Inc. Recent Development
 Table 92. NOV Inc. Company Information
 Table 93. NOV Inc. Introduction and Business Overview
 Table 94. NOV Inc. Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 95. NOV Inc. Dissolvable Metal Frac Plugs Product Offerings
 Table 96. NOV Inc. Recent Development
 Table 97. Klx Energy Services Inc. Company Information
 Table 98. Klx Energy Services Inc. Introduction and Business Overview
 Table 99. Klx Energy Services Inc. Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 100. Klx Energy Services Inc. Dissolvable Metal Frac Plugs Product Offerings
 Table 101. Klx Energy Services Inc. Recent Development
 Table 102. Expro Group Company Information
 Table 103. Expro Group Introduction and Business Overview
 Table 104. Expro Group Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 105. Expro Group Dissolvable Metal Frac Plugs Product Offerings
 Table 106. Expro Group Recent Development
 Table 107. Peak Completion Technologies, Inc. Company Information
 Table 108. Peak Completion Technologies, Inc. Introduction and Business Overview
 Table 109. Peak Completion Technologies, Inc. Dissolvable Metal Frac Plugs Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 110. Peak Completion Technologies, Inc. Dissolvable Metal Frac Plugs Product Offerings
 Table 111. Peak Completion Technologies, Inc. Recent Development
 Table 112. Key Raw Materials Lists
 Table 113. Raw Materials Key Suppliers Lists
 Table 114. Dissolvable Metal Frac Plugs Downstream Customers
 Table 115. Dissolvable Metal Frac Plugs Distributors List
 Table 116. Research Programs/Design for This Report
 Table 117. Key Data Information from Secondary Sources
 Table 118. Key Data Information from Primary Sources


List of Figures
 Figure 1. Dissolvable Metal Frac Plugs Product Picture
 Figure 2. Global Dissolvable Metal Frac Plugs Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global Dissolvable Metal Frac Plugs Sales Value (2020-2031) & (US$ Million)
 Figure 4. Global Dissolvable Metal Frac Plugs Sales Volume (2020-2031) & (Units)
 Figure 5. Global Dissolvable Metal Frac Plugs Sales Price (2020-2031) & (US$/Unit)
 Figure 6. Dissolvable Metal Frac Plugs Report Years Considered
 Figure 7. Global Dissolvable Metal Frac Plugs Players Revenue Ranking (2024) & (US$ Million)
 Figure 8. Global Dissolvable Metal Frac Plugs Players Sales Volume Ranking (2024) & (Units)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Dissolvable Metal Frac Plugs Revenue in 2024
 Figure 10. Dissolvable Metal Frac Plugs Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 11. Small Caliber Picture
 Figure 12. Large Caliber Picture
 Figure 13. Global Dissolvable Metal Frac Plugs Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 14. Global Dissolvable Metal Frac Plugs Sales Value Market Share by Type, 2024 & 2031
 Figure 15. Global Dissolvable Metal Frac Plugs Sales Volume by Type (2020 VS 2024 VS 2031) & (Units)
 Figure 16. Global Dissolvable Metal Frac Plugs Sales Volume Market Share by Type, 2024 & 2031
 Figure 17. Global Dissolvable Metal Frac Plugs Price by Type (2020-2031) & (US$/Unit)
 Figure 18. Product Picture of Horizontal Well
 Figure 19. Product Picture of Vertical Well
 Figure 20. Global Dissolvable Metal Frac Plugs Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 21. Global Dissolvable Metal Frac Plugs Sales Value Market Share by Application, 2024 & 2031
 Figure 22. Global Dissolvable Metal Frac Plugs Sales Volume by Application (2020 VS 2024 VS 2031) & (Units)
 Figure 23. Global Dissolvable Metal Frac Plugs Sales Volume Market Share by Application, 2024 & 2031
 Figure 24. Global Dissolvable Metal Frac Plugs Price by Application (2020-2031) & (US$/Unit)
 Figure 25. North America Dissolvable Metal Frac Plugs Sales Value (2020-2031) & (US$ Million)
 Figure 26. North America Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
 Figure 27. Europe Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 28. Europe Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
 Figure 29. Asia Pacific Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 30. Asia Pacific Dissolvable Metal Frac Plugs Sales Value by Region (%), 2024 VS 2031
 Figure 31. South America Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 32. South America Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
 Figure 33. Middle East & Africa Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 34. Middle East & Africa Dissolvable Metal Frac Plugs Sales Value by Country (%), 2024 VS 2031
 Figure 35. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Value (%), (2020-2031)
 Figure 36. Key Countries/Regions Dissolvable Metal Frac Plugs Sales Volume (%), (2020-2031)
 Figure 37. United States Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 38. United States Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 39. United States Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 40. Europe Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 41. Europe Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 42. Europe Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 43. China Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 44. China Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 45. China Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 46. Japan Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 47. Japan Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 48. Japan Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 49. South Korea Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 50. South Korea Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 51. South Korea Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 52. Southeast Asia Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 53. Southeast Asia Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 54. Southeast Asia Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 55. India Dissolvable Metal Frac Plugs Sales Value, (2020-2031) & (US$ Million)
 Figure 56. India Dissolvable Metal Frac Plugs Sales Value by Type (%), 2024 VS 2031
 Figure 57. India Dissolvable Metal Frac Plugs Sales Value by Application (%), 2024 VS 2031
 Figure 58. Dissolvable Metal Frac Plugs Industrial Chain
 Figure 59. Dissolvable Metal Frac Plugs Manufacturing Cost Structure
 Figure 60. Channels of Distribution (Direct Sales, and Distribution)
 Figure 61. Bottom-up and Top-down Approaches for This Report
 Figure 62. Data Triangulation
 Figure 63. Key Executives Interviewed

Description

The global market for Dissolvable Metal Frac Plugs was estimated to be worth US$ 420 million in 2024 and is forecast to a readjusted size of US$ 768 million by 2031 with a CAGR of 9.1% during the forecast period 2025-2031.

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 aims to provide a comprehensive presentation of the global market for Dissolvable Metal Frac Plugs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Dissolvable Metal Frac Plugs by region & country, by Type, and by Application.

The Dissolvable Metal Frac Plugs market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dissolvable Metal Frac Plugs.

Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Dissolvable Metal Frac Plugs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Dissolvable Metal Frac Plugs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Dissolvable Metal Frac Plugs in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Dissolvable Metal Frac Plugs- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Chemical & Material

Published: 2025-01-07

Pages: 121 Pages

Report ld: 3528322

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Hitesh

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Damon

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Tang Xin

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Sung-Bin Yoon

+82-2883 1278

WHAT QYRESEARCH OFFER?
Competition

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Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.

Industry Analysis

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Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.

Market Size

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Capacity, production, sales, revenue, price, cost etc.

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