Market Overview:
The global frac valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the increasing investment in shale gas exploration and production is also contributing to the growth of this market. The global frac valves market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into working pressure 10,000 psi, working pressure 15,000 psi, and working pressure 20,000 psi. On the basis of application it can be classified into oil & gas industry and other industries such as chemical processing plants or power generation plants etcetera . Region wise ,the global frac valvesmarket is segmentedinto North America , Latin America Europe Asia Pacificand Middle East & Africa .
Product Definition:
The term "frac valves" is used to describe a type of valve that is specifically designed for use in the oil and gas industry. These valves are used to control the flow of fluids during hydraulic fracturing operations. They are an important part of the fracking process, as they help to ensure that fluid flows smoothly and efficiently through the system.
Working Pressure 10,000 psi:
working pressure 10,000 psi is a term used for high-performance valves that are designed to operate at working pressures between 6,000 and 30,000 psi. The working pressure 10,000 psi is generally higher than the normal operating pressure of other valves as it has been designed with an additional safety factor to withstand the maximum possible upstream pressurization in case of a failure.
The growth factor in frac valve market depends upon factors such as application type and geography among others.
Working Pressure 15,000 psi:
The working pressure is the maximum pressure which a valve can handle without failure. The working pressure of 15,000 psi is applied to the valves in the oil & gas industry and it's used as an internal standard for comparison purposes.
Application Insights:
The oil and gas application segment accounted for the largest revenue share in 2016. The segment is expected to continue its dominance over the forecast period owing to increasing demand for onshore and offshore facilities, coupled with growing investments by companies such as StatoilHydro, Repsol-YPF, Royal Dutch Shell among others.
Increasing demand from other applications including chemical plants and power generation plants is likely to contribute towards growth of the overall market during future years. However, high cost associated with Frac valves may act as a restraint in industry growth over the projected period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of shale gas reserves. The U.S. is one of the largest producers and consumers of oilfield services across North America, which has fueled growth in this region over the past few years.
The Asia Pacific is expected to be one of the fastest-growing regions during forecast years due to increasing production activities from countries such as China, India, and Australia among others that are also major consumers for drilling fluids and chemicals used in well completion operations including cementing jobsite equipment such as guns, perforators/packers, surface booms & skids along with other associated products & services required for drilling projects within their respective countries or offshore areas (drilling rigs).
Growth Factors:
- Increasing demand for oil and gas across the globe
- Rising investments in the oil and gas sector
- Proliferation of fracking technology
- Stringent environmental regulations governing the oil and gas industry
- Technological advancements in frac valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Frac Valves Market Research Report
By Type
Working Pressure 10,000 psi, Working Pressure 15,000 psi, Working Pressure 20,000 psi
By Application
Oil, Gas, Other
By Companies
Schlumberger, Archer, Sunnda Corporation, OSES, Utex Industries, Universal Wellhead Services, KLX ENERGY, Gardner Denver, Sunry
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Frac Valves Market Report Segments:
The global Frac Valves market is segmented on the basis of:
Types
Working Pressure 10,000 psi, Working Pressure 15,000 psi, Working Pressure 20,000 psi
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
Oil, Gas, Other
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:
- Schlumberger
- Archer
- Sunnda Corporation
- OSES
- Utex Industries
- Universal Wellhead Services
- KLX ENERGY
- Gardner Denver
- Sunry
Highlights of The Frac Valves 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:
- Working Pressure 10,000 psi
- Working Pressure 15,000 psi
- Working Pressure 20,000 psi
- By Application:
- Oil
- Gas
- Other
- 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 Frac Valves 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.
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- Correctly Positioning New Products
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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 frac valve is a type of valve used in the oil and gas industry. It is a one-way valve that allows fluid to flow in one direction but not out. Frac valves are often used to control the flow of fluids during hydraulic fracturing, or fracking, operations.
Some of the major players in the frac valves market are Schlumberger, Archer, Sunnda Corporation, OSES, Utex Industries, Universal Wellhead Services, KLX ENERGY, Gardner Denver, Sunry.
The frac valves market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frac Valves 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. Frac Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frac Valves Market - Supply Chain
4.5. Global Frac Valves Market Forecast
4.5.1. Frac Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frac Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Frac Valves Market Absolute $ Opportunity
5. Global Frac Valves 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. Frac Valves Market Size and Volume Forecast by Type
5.3.1. Working Pressure 10,000 psi
5.3.2. Working Pressure 15,000 psi
5.3.3. Working Pressure 20,000 psi
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Frac Valves 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. Frac Valves Market Size and Volume Forecast by Application
6.3.1. Oil
6.3.2. Gas
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Frac Valves 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. Frac Valves 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 Frac Valves 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. Frac Valves 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 Frac Valves Demand Share Forecast, 2019-2026
9. North America Frac Valves 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 Frac Valves 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 Frac Valves Market Size and Volume Forecast by Application
9.4.1. Oil
9.4.2. Gas
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Frac Valves Market Size and Volume Forecast by Type
9.7.1. Working Pressure 10,000 psi
9.7.2. Working Pressure 15,000 psi
9.7.3. Working Pressure 20,000 psi
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 Frac Valves Demand Share Forecast, 2019-2026
10. Latin America Frac Valves 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 Frac Valves 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 Frac Valves Market Size and Volume Forecast by Application
10.4.1. Oil
10.4.2. Gas
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Frac Valves Market Size and Volume Forecast by Type
10.7.1. Working Pressure 10,000 psi
10.7.2. Working Pressure 15,000 psi
10.7.3. Working Pressure 20,000 psi
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 Frac Valves Demand Share Forecast, 2019-2026
11. Europe Frac Valves 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 Frac Valves 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 Frac Valves Market Size and Volume Forecast by Application
11.4.1. Oil
11.4.2. Gas
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Frac Valves Market Size and Volume Forecast by Type
11.7.1. Working Pressure 10,000 psi
11.7.2. Working Pressure 15,000 psi
11.7.3. Working Pressure 20,000 psi
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Ptential 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 Frac Valves Demand Share, 2019-2026
12. Asia Pacific Frac Valves 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 Frac Valves 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 Frac Valves Market Size and Volume Forecast by Application
12.4.1. Oil
12.4.2. Gas
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Frac Valves Market Size and Volume Forecast by Type
12.7.1. Working Pressure 10,000 psi
12.7.2. Working Pressure 15,000 psi
12.7.3. Working Pressure 20,000 psi
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 Frac Valves Demand Share, 2019-2026
13. Middle East & Africa Frac Valves 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 Frac Valves 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 Frac Valves Market Size and Volume Forecast by Application
13.4.1. Oil
13.4.2. Gas
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Frac Valves Market Size and Volume Forecast by Type
13.7.1. Working Pressure 10,000 psi
13.7.2. Working Pressure 15,000 psi
13.7.3. Working Pressure 20,000 psi
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 Frac Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Frac Valves Market: Market Share Analysis
14.2. Frac Valves Distributors and Customers
14.3. Frac Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schlumberger
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Archer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sunnda Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OSES
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Utex Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Universal Wellhead Services
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KLX ENERGY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gardner Denver
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sunry
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
