A frac tree, also referred to as frac stack, is specifically, used in a hydraulically fractured well. It includes a set of high- pressure valves, fittings, spools connected to the top of a well to direct and control the flow of fluids. Technavio’s analysts forecast the global frac tree market to grow at a CAGR of 5.24% during the period 2019-2023.
Covered in this report The report covers the present scenario and the growth prospects of the global frac tree market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of frac tree in different applications
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Frac Tree Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Expro Group • Oil States International • Schlumberger • Stream-Flo Industries • The Weir Group
Market driver • Growing investments in shale oil and gas • For a full, detailed list, view our report
Market challenge • Environmental concerns associated with the hydraulic fracturing process • For a full, detailed list, view our report
Market trend • Adoption of supercritical carbon dioxide in fracking • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2023 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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