Report Overview
Frac Valves, also known as fracturing valves or gate valves, are large valves used in the oil and gas industry.
They are specifically designed to control the flow of fluids and gases during hydraulic fracturing (fracking) and flowback operations.
These valves are engineered to withstand high pressures and temperatures, making them suitable for the demanding conditions of fracking operations.
Frac Valves are installed on top of the wellhead to isolate the wellbore during fracking, allowing precise control over the flow of substances.
Market Analysis
The global Frac Valves Market size reached USD 145.34 million in 2023. It is expected to reach USD 202.82 million in 2024, and the market is forecast to reach USD 202.82 million by the end of 2030.
The market is projected to grow at a
Compound Annual Growth Rate (CAGR) of 4.70% between 2024 and 2030.
Regional Analysis
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Competitor Analysis
Schlumberger
Bestway Oilfield
Jereh
Worldwide Oilfield Machine (WOM)
Moto Mecanica Argentina (MMA)
Market Segmentation
