Global Composite Frac Plugs and Balls Market Report 2020-2025 - ResearchAndMarkets.com
This strategic assessment report provides a comprehensive analysis that reflects today's composite frac plugs and balls market realities and future market possibilities for the forecast period of 2020 to 2025.
- This strategic assessment report provides a comprehensive analysis that reflects today's composite frac plugs and balls market realities and future market possibilities for the forecast period of 2020 to 2025.
- Composite Frac Plugs and Balls Market: Highlights
Plug-n-perf is the most common technique and accounts for 85%+ of the global hydraulic fracturing market. - The composite frac plugs and balls market is highly dependent on hydraulic fracturing, the latter is highly subjected to the volatility of crude oil prices.
- Similar to hydraulic fracking, the composite frac plugs and balls market registered a severe downfall in 2015 and 2016, followed by huge recovery in 2018, giving a future hope to the composite frac plug and ball manufacturers.