Authored By: Sarah
27 Oct 2023

Global Frac Stack Market Analysis 2023-2027 |AWC Frac Technology, Baker Hughes Co., Calfrac Well Services Ltd. are among Market Pioneers

Competitive Benchmarking and Forecasts for Market Players 2023-2027

Global Frac Stack Market is estimated to grow at a CAGR of 5.01% between 2022 and 2027, followed by USD 9,506.94 Mn revenue growth. An abundance of unconventional oil and gas resources, growing investments in oil and gas infrastructure, and rising offshore exploration and production are paramount factors that are likely to shape the market.

Core Companies and their Key Offerings: When it comes to the key market players, the rising demand from end users is pushing the market expansion of the Global Frac Stack Market

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Global Frac Stack Market Analysis

Some of the offerings by core companies comprise

  • AWC Frac Technology offers frac stacks such as Manual Frac Valve and Hydraulic Frac Valve.
  • Baker Hughes Co offers frac stacks such as PERF-FRAQ.

Prominent names such as  Halliburton Co., Jiangsu Hongxun Oil Equipment Co. Ltd., KLX Energy Services Holdings Inc., Moto Mechanics Argentina SA, Oil States International Inc., REIN PROCESS EQUIPMENT JIANGSU CO. LTD., Schlumberger Ltd., SHAANXI KERGY MECHANICAL EQUIPMENT CO. LTD., Sunnda Corp., Trican Well Service Ltd., Universal Wellhead Services Holdings LLC, Worldwide Oilfield Machine Inc., etc are some of the major market participants.

Technavio has been monitoring the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers followed by detailed profiling of the market players along with competitive benchmarking. Download our best selling ample to learn more about the Global Frac Stack Market

Global Frac Stack Market  Highlights

  • The Frac stack market is segmented by Deployment (Onshore and Offshore ), Type (Horizontal, deviated, and Vertical ), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
  • North America led the market with 32% of the market growth set to originate from this region during the forecast period.
  • The abundance of unconventional oil and gas resources is one of the primary factors driving the growth of the frac stack market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
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