Authored By: Sarah
11 Jul 2024

 Frac Stack Market Size to grow by USD 8.49 billion between 2024-2028

According to a research report “ Frac Stack Market” by Deployment (Onshore, Offshore) Type (Horizontal and deviated, Vertical) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 8.49 billion, at a CAGR of  4.36% during the forecast period. In the context of the energy industry, unconventional hydrocarbon resources, including shale gas, tight oil, and coalbed methane (CBM), have emerged as significant players due to the depletion of conventional resources. The primary distinction between conventional and unconventional sources lies in the permeability of the gas-bearing formations. Unconventional resources, such as shale and tight formations, and coal deposits, lose their natural pressure faster than conventional resources. Consequently, advanced techniques, like hydraulic fracturing and horizontal drilling, are employed to enhance production rates and extract these resources efficiently. The exploration and production of unconventional hydrocarbons have gained considerable momentum in the past decade, providing a vital source of energy to meet the growing demand.

Browse market data tables, figures, and in-depth TOC on “Frac Stack Market” by Deployment (Onshore, Offshore) Type (Horizontal and deviated, Vertical) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample


By Deployment, the Onshore segment is projected to dominate the market size in 2024

In the oil and gas industry, horizontal and deviated wells are essential for optimizing contact with reservoirs and enhancing production rates, particularly in shale and tight formations. Horizontal wells are drilled at high angles or horizontally, requiring specialized frac stacks that can accommodate long lateral sections and multiple fracturing stages. Deviated wells, which deviate from the vertical axis but do not achieve a complete horizontal trajectory, necessitate frac stacks designed to accommodate the wellbore's angle and trajectory for effective fracturing operations. These advanced frac stack systems are crucial for maximizing resource recovery in complex reservoirs.

By Type, Horizontal and deviated  segment is expected to hold the largest market size for the year 2024

In the global oil industry, onshore wells represent a significant portion of production due to their lower operating costs compared to offshore drilling. Onshore exploration and production (E&P) projects are experiencing increased demand for frac stacks as a means to optimize well performance and boost profitability. This trend is particularly prevalent in unconventional oil and gas markets, where the US, Canada, China, and Argentina lead in adoption due to their abundant resources and domestic energy demand. The implementation of advanced technologies and equipment, such as frac stacks, enables onshore E&P companies to enhance production from reservoirs and maintain a competitive edge in the industry.

North America is forecasted to hold the largest market size by region in 2024

The Frac Stack market represents a critical segment in the oil and gas industry, enabling the efficient production of shale formations. These structures facilitate the continuous flow of natural gas or oil from wellbores, enhancing operational efficiency and reducing emissions. Frac stacks are essential components of hydraulic fracturing processes, ensuring optimal well performance and maximizing returns on investment. Market growth is driven by the increasing demand for shale gas and oil, as well as technological advancements in stack design and materials.

The Frac Stack Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AWC Frac Technology
  • Baker Hughes Co.
  • Calfrac Well Services Ltd.
  • Caterpillar Inc.
  • CCSC Petroleum Equipment Co. Ltd.
  • Covenant Testing Technologies LLC
  • Halliburton Co.
  • Jiangsu Hongxun Oil Equipment Co. Ltd.
  • KLX Energy Services Holdings Inc.
  • Moto Mechanics Argentina SA
  • Oil States International Inc.
  • Schlumberger Ltd.
  • Sunnda Corp.
  • Trican Well Service Ltd.
  • Universal Wellhead Services Holdings LLC
  • Worldwide Oilfield Machine Inc.
  • Yancheng Qihang Petroleum Machinery Co. Ltd.
  • Yantai Jereh Oilfield Services Group Co. Ltd.

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Research Analysis Overview

The Frac Stack Market encompasses the supply of equipment and services related to the production of hydrocarbons from unconventional reservoirs such as the Viking, Montney, Duvernay, and Cardium Formations. Regulation of seismic activities and hydraulic fracturing processes is crucial to ensure safety and prevent groundwater contamination from fracking chemicals. Major shale gas plays, including the Montney Formation in Canada and the Jafurah shale play in Saudi Arabia, are driving the market. The onshore sector is a significant contributor, with companies like Saudi Aramco investing in shale gas and tight gas reserves. The market is characterized by the production of condensates, gas liquids, ethane, and crude oil. Advanced analytics, simulation software, and big data are transforming the industry, improving efficiency and safety concerns. However, concerns over hydraulic fracturing and potential groundwater contamination remain. Global oil discoveries in unconventional reservoirs continue to expand, with shale gas and crude oil production playing a significant role. The use of fracking chemicals and the production of gas and condensates from formations like the Viking, Montney, Duvernay, and Cardium, as well as the Jafurah shale play, contribute to the market's growth. Despite safety concerns, the Frac Stack Market is expected to continue growing as the world seeks to meet its energy demands.

Market Research Overview

The Frac Stack Market is witnessing significant growth due to the increasing demand for Horizontal drilling in Tight oil and Tight gas production. The use of advanced technologies like Sliding sleeves and Plug & perf in Hydraulic fracturing has revolutionized the extraction of Unconventional gas and Oil from shale formations. With the rise in Oil prices, the focus on Unconventional reservoirs, including shale gas and tight gas reserves, has intensified. Technological innovations, such as Waterless fracking solutions and Foams, are addressing environmental concerns and regulatory actions in various states, including California. However, the environmental impacts of Fracking on groundwater contamination and the global energy supply remain a concern. The Onshore sector is a primary focus for Upstream companies as they seek to bridge the Supply-demand gap in the Oil and Gas industry. The use of Fracking chemicals and advanced analytics, including Big Data and Simulation software, is improving Efficiency and Safety concerns in the Frac Stack Market. Global energy supply relies heavily on Conventional gas and Natural gas production. The discovery of new Conventional reservoirs and Unconventional reservoirs, such as the Jafurah shale play, is expanding the Frac Stack Market. The role of major players like Saudi Aramco in Global oil discoveries and the Frac Stack Market is significant. The Frac Stack Market is expected to continue growing as the demand for primary energy sources, including Crude oil, Condensates, Gas liquids, Ethane, and other hydrocarbons, remains high.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

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