Market Overview:
The global dissolvable frac ball market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for dissolvable frac balls in HP fracturing operations, HT fracturing operations, horizontal wellbores, extended reach wellbores and vertical wellbores. Additionally, the growing awareness about environmental benefits of using dissolvable frac balls is also contributing to the growth of this market.
Product Definition:
A dissolvable frac ball is a small, porous ball that is used to help keep fractures open during the fracking process. The balls are made of a material that will dissolve over time, which allows the fractures to close naturally. This helps reduce environmental and safety concerns associated with fracking.
Solid Version:
Solid version is the most basic form of dissolvable fracture ball. It has a higher usage rate as compared to liquid and powder due to its cost effectiveness, easy availability, and low maintenance requirements. Solid version can be used in any type of fractures including open, compound & simple (fracture types) fractures. The solid type is preferred over liquid or powder because it stays put in the fracture channel longer which results in better control by healthcare professionals during surgery.
Hollow Version:
Hollow version is a method of manufacturing plastic composite parts by using dissolvable frac ball technology. This method allows for the elimination of secondary operations such as grinding, filling, and machining. The process consists of five major steps which include molding the part in liquid polymer clay; removal of excess clay; curing or hardening; separation into individual parts with minimal degradation due to surface tension or shrinkage during drying; and lastly finalizing or dressing the finished product.
Application Insights:
Extensive research has been carried out for dissolving shale gas and tight gas reserves. The technology is being used in various applications including horizontal wells, extended reach wells, vertical wellbores and high pressure fracturing operations. In terms of revenue, the global demand for frac balls in HPF application dominated the market with a share of over 40% in 2017. This is attributed to extensive use of this type of product by major oil & gas companies such as Schlumberger Limited (UFS), Halliburton Inc., Baker Hughes Inc., etc.
The Latin America region is expected to witness significant growth over the forecast period owing to increasing exploration activities by national oil companies (NOCs) and private firms in Brazil, Mexico and Argentina among other countries such as Colombia, Venezuela and Guyana that are rich with natural resources containing shale deposits.
Regional Analysis:
North America was the largest regional market in 2017 and is expected to maintain its dominance over the forecast period. The U.S., in particular, is a major contributor to the growth of this region owing to shale gas discoveries and subsequent developments across various other unconventional reserves present across this region.
Growth Factors:
- Increasing demand for Dissolvable Frac Balls from the oil and gas industry as a result of increasing drilling and production activities across the globe.
- Rising investments in shale gas exploration and development by major oil and gas companies is expected to drive the demand for Dissolvable Frac Balls over the forecast period.
- Growing awareness about the benefits of using Dissolvable Frac Balls, such as improved well productivity, reduced environmental impact, etc., is projected to boost their adoption over the next few years.
- Technological advancements in dissolving technologies are likely to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dissolvable Frac Ball Market Research Report
By Type
Solid Version, Hollow Version
By Application
HP Fracturing Operations, HT Fracturing Operations, Horizontal Wellbores, Extended Reach Wellbores, Vertical Wellbores
By Companies
Innovex, Dissolvalloy, Terves Inc, Davies Molding, NOV (National Oilwell Varco), Mosinter Group, Star Petrotech, Vanguard Completion, JAS Alloy, Poly Doctor Petroleum Technology Co.,Ltd, Nanjing Shousu, Beijing Yilong Hengye, Phenom Innovations
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Dissolvable Frac Ball Market Report Segments:
The global Dissolvable Frac Ball market is segmented on the basis of:
Types
Solid Version, Hollow Version
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HP Fracturing Operations, HT Fracturing Operations, Horizontal Wellbores, Extended Reach Wellbores, Vertical Wellbores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Innovex
- Dissolvalloy
- Terves Inc
- Davies Molding
- NOV (National Oilwell Varco)
- Mosinter Group
- Star Petrotech
- Vanguard Completion
- JAS Alloy
- Poly Doctor Petroleum Technology Co.,Ltd
- Nanjing Shousu
- Beijing Yilong Hengye
- Phenom Innovations
Highlights of The Dissolvable Frac Ball Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Version
- Hollow Version
- By Application:
- HP Fracturing Operations
- HT Fracturing Operations
- Horizontal Wellbores
- Extended Reach Wellbores
- Vertical Wellbores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dissolvable Frac Ball Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A dissolvablefrac ball is a type of construction aggregate that can be dissolved by water to form a slurry. This slurry can then be used as a foundation for new construction or to fill in cracks and holes in existing concrete.
Some of the key players operating in the dissolvable frac ball market are Innovex, Dissolvalloy, Terves Inc, Davies Molding, NOV (National Oilwell Varco), Mosinter Group, Star Petrotech, Vanguard Completion, JAS Alloy, Poly Doctor Petroleum Technology Co.,Ltd, Nanjing Shousu, Beijing Yilong Hengye, Phenom Innovations.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dissolvable Frac Ball Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dissolvable Frac Ball Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dissolvable Frac Ball Market - Supply Chain
4.5. Global Dissolvable Frac Ball Market Forecast
4.5.1. Dissolvable Frac Ball Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dissolvable Frac Ball Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dissolvable Frac Ball Market Absolute $ Opportunity
5. Global Dissolvable Frac Ball Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dissolvable Frac Ball Market Size and Volume Forecast by Type
5.3.1. Solid Version
5.3.2. Hollow Version
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dissolvable Frac Ball Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dissolvable Frac Ball Market Size and Volume Forecast by Application
6.3.1. HP Fracturing Operations
6.3.2. HT Fracturing Operations
6.3.3. Horizontal Wellbores
6.3.4. Extended Reach Wellbores
6.3.5. Vertical Wellbores
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dissolvable Frac Ball Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dissolvable Frac Ball Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dissolvable Frac Ball Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dissolvable Frac Ball Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dissolvable Frac Ball Demand Share Forecast, 2019-2026
9. North America Dissolvable Frac Ball Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dissolvable Frac Ball Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dissolvable Frac Ball Market Size and Volume Forecast by Application
9.4.1. HP Fracturing Operations
9.4.2. HT Fracturing Operations
9.4.3. Horizontal Wellbores
9.4.4. Extended Reach Wellbores
9.4.5. Vertical Wellbores
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dissolvable Frac Ball Market Size and Volume Forecast by Type
9.7.1. Solid Version
9.7.2. Hollow Version
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dissolvable Frac Ball Demand Share Forecast, 2019-2026
10. Latin America Dissolvable Frac Ball Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dissolvable Frac Ball Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dissolvable Frac Ball Market Size and Volume Forecast by Application
10.4.1. HP Fracturing Operations
10.4.2. HT Fracturing Operations
10.4.3. Horizontal Wellbores
10.4.4. Extended Reach Wellbores
10.4.5. Vertical Wellbores
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dissolvable Frac Ball Market Size and Volume Forecast by Type
10.7.1. Solid Version
10.7.2. Hollow Version
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dissolvable Frac Ball Demand Share Forecast, 2019-2026
11. Europe Dissolvable Frac Ball Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dissolvable Frac Ball Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dissolvable Frac Ball Market Size and Volume Forecast by Application
11.4.1. HP Fracturing Operations
11.4.2. HT Fracturing Operations
11.4.3. Horizontal Wellbores
11.4.4. Extended Reach Wellbores
11.4.5. Vertical Wellbores
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dissolvable Frac Ball Market Size and Volume Forecast by Type
11.7.1. Solid Version
11.7.2. Hollow Version
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dissolvable Frac Ball Demand Share, 2019-2026
12. Asia Pacific Dissolvable Frac Ball Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dissolvable Frac Ball Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dissolvable Frac Ball Market Size and Volume Forecast by Application
12.4.1. HP Fracturing Operations
12.4.2. HT Fracturing Operations
12.4.3. Horizontal Wellbores
12.4.4. Extended Reach Wellbores
12.4.5. Vertical Wellbores
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dissolvable Frac Ball Market Size and Volume Forecast by Type
12.7.1. Solid Version
12.7.2. Hollow Version
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dissolvable Frac Ball Demand Share, 2019-2026
13. Middle East & Africa Dissolvable Frac Ball Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dissolvable Frac Ball Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dissolvable Frac Ball Market Size and Volume Forecast by Application
13.4.1. HP Fracturing Operations
13.4.2. HT Fracturing Operations
13.4.3. Horizontal Wellbores
13.4.4. Extended Reach Wellbores
13.4.5. Vertical Wellbores
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dissolvable Frac Ball Market Size and Volume Forecast by Type
13.7.1. Solid Version
13.7.2. Hollow Version
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dissolvable Frac Ball Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dissolvable Frac Ball Market: Market Share Analysis
14.2. Dissolvable Frac Ball Distributors and Customers
14.3. Dissolvable Frac Ball Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Innovex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dissolvalloy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Terves Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Davies Molding
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NOV (National Oilwell Varco)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mosinter Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Star Petrotech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vanguard Completion
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JAS Alloy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Poly Doctor Petroleum Technology Co.,Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nanjing Shousu
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Yilong Hengye
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Phenom Innovations
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
