Middle-East And Africa Frac Stack Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 3.64 Billion |
| Market Size (2030) | USD 4.53 Billion |
| CAGR (2025 - 2030) | 4.50% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle-East And Africa Frac Stack Market Analysis by Mordor Intelligence
The Middle-East And Africa Frac Stack Market size is estimated at USD 3.64 billion in 2025, and is expected to reach USD 4.53 billion by 2030, at a CAGR of 4.5% during the forecast period (2025-2030).
- Over the medium term, factors such as increasing production from unconventional resources and growing energy demand are expected to drive the frac stack market during the forecast period.
- On the other hand, environmental concerns and a lack of capital markets and incentives are restraining market growth.
- Nevertheless, with the adoption of the Internet of Things (IoT) to analyze a large amount of data collected during exploration and production (E&P), advanced analytics and simulation software have become increasingly important in addressing safety concerns and improving the efficiency of the fracking process. Big Data analytics and IoT systems in fracking operations are likely to lead to significant opportunities for the frac stack market.
- Due to the shale boom, Saudi Arabia is expected to be the largest market for frac stacks. This has led to increased exploitation of shale reserves that need to be fractured for economic production.
Middle-East And Africa Frac Stack Market Trends and Insights
The Onshore Sector is Expected to Dominate the Market
- The dominance of the onshore segment is anticipated in the Middle-East and African frac stack market, driven by several key factors that underscore the industry dynamics. One primary catalyst for this dominance is the considerable onshore oil and gas production activities in the region.
- The Middle East, in particular, hosts extensive onshore reserves, and the prevalent exploration and extraction operations necessitate the use of frac stacks to enhance well productivity. The accessibility and cost-effectiveness associated with onshore projects contribute significantly to the sustained growth of this segment.
- According to the Energy Institute Statistical Review of World Energy 2023, in 2022, the oil production in the region was around 37,786 thousand barrels per day, which was a growth of over 6% compared to 2021. As the fracking activities increase in the region, the production is expected to increase simultaneously.
- Additionally, the logistical advantages offered by onshore operations play a crucial role in their dominance. Onshore sites generally present fewer challenges in terms of transportation and infrastructure compared to offshore counterparts. This logistical ease translates into more efficient deployment of frac stacks, reducing operational complexities and costs. As the oil and gas industry in Middle-East and Africa continues to expand, the practical advantages associated with onshore operations position this segment as a focal point for frac stack utilization.
- Moreover, the technological advancements and innovations in onshore extraction techniques further bolster the dominance of this segment. Continuous improvements in hydraulic fracturing technologies and reservoir management techniques enhance the efficiency of onshore operations, driving the demand for frac stacks. The synergy between evolving extraction methods and frac stack utilization reinforces the onshore segment's leading position in the market.
- As a result, a number of operating companies have shifted their focus to the exploitation of unconventional onshore reserves, such as shale and tight gas reserves, which present lower risk and require a lower capital investment than large offshore projects. During the forecast period, there is expected to be an increase in the demand for frac stacks due to the increased hydraulic fracking of unconventional onshore reserves.
- For instance, in September 2022, TAG Oil Ltd was awarded a petroleum services contract by Badr Petroleum Company ("BPCO") to develop the unconventional Abu Roash "F" reservoir ("ARF") within the Badr Oil Field ("BED-1"), a 107 km2 (26,000 acres) concession located in the Western Desert of Egypt.
- Therefore, as per the points mentioned above, the onshore segment is expected to dominate the market during the forecast period.
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Saudi Arabia is Expected to Witness Significant Growth
- The Kingdom's prominent role as a global oil producer positions it as a central hub for oil and gas exploration and production activities. Saudi Arabia's vast onshore reserves necessitate efficient and advanced extraction methods, with frac stacks emerging as crucial components to optimize well performance. The robust onshore oil and gas sector, therefore, contributes significantly to the expected dominance of Saudi Arabia in the frac stack market.
- For instance, according to the Energy Institute Review of World Energy 2023, gas production in Saudi Arabia increased by more than 5.2% between 2021 and 2022. In 2022, gas production was 120.4 bcm compared to 114.5 bcm in 2021, signifying the country's increasing oil and gas sector, which drives the compressor market.
- Furthermore, the strategic initiatives outlined in the Vision 2030 framework by the Saudi Arabian government play a pivotal role. As part of this economic diversification strategy, the focus on enhancing onshore oil and gas operations aligns with the growing demand for frac stacks. Saudi Arabia's commitment to modernizing and optimizing its extraction processes reinforces the notion that the country is poised to dominate the frac stack market in Middle-East and Africa.
- The geographical advantage of Saudi Arabia further enhances its dominance in the frac stack market. The country's central location in the region facilitates cost-effective transportation and logistics, making onshore projects more feasible and attractive for investors. This strategic positioning contributes to Saudi Arabia's ability to efficiently deploy frac stacks in its onshore oil and gas operations, solidifying its position as a frontrunner in the regional market.
- Additionally, Saudi Arabia's focus on technological advancements and innovation in the oil and gas sector aligns with the increasing complexity of onshore extraction methods. As operators seek more efficient and sustainable solutions, the demand for advanced frac stacks rises. The Kingdom's commitment to adopting cutting-edge technologies positions it at the forefront of the evolving frac stack market in the Middle East and Africa.
- In May 2023, Saudi Arabia's oil behemoth, Aramco, is receptive to proposals from refining giant Sinopec Corp and the French oil major TotalEnergies, considering their interest in investing in a portion of the Jafurah shale gas development project valued at approximately USD 10 billion. Both Sinopec and TotalEnergies are engaged in separate discussions regarding potential investments in the Jafurah development situated in Saudi Arabia. Leveraging an innovative fracking method utilizing seawater from the nearby Gulf coast, Saudi Aramco anticipates the Jafurah field to yield around 2 billion cubic feet of gas daily by 2030, with a projected total investment of USD 24 billion.
- The stability and predictability of Saudi Arabia's regulatory environment further support its dominance in the frac stack market. A stable regulatory framework enhances investor confidence and encourages long-term planning for onshore oil and gas projects. This stability is a crucial factor for the sustained growth of the frac stack market, as operators in Saudi Arabia can implement well-structured and reliable deployment strategies.
- Therefore, as per the above-mentioned points, the country is expected to witness significant growth during the forecasted period.
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Competitive Landscape
The Middle-East and African frac stack market is semi-consolidated. Some of the major players (in no particular order) include Halliburton Company, Schlumberger Limited, NOV Inc., Baker Hughes Company, and Cactus Inc.
Middle-East And Africa Frac Stack Industry Leaders
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Halliburton Company
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Schlumberger Limited
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NOV Inc
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Baker Hughes Company
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Cactus, Inc.
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- Apr 2023: Afro Energy, the local subsidiary of Australian gas explorer Kinetiko Energy, successfully developed 30 pilot wells in the Amersfoort area of South Africa's Mpumalanga province. The intention is to conduct fracking for coal bed methane in this region. Afro Energy holds exploration rights over an extensive 7,000 square kilometers (2,700 square miles) of the province. It asserts that the gas resources beneath this vast expanse could potentially amount to 4.9 trillion cubic feet.
- Feb 2023: Tethys Oil was gearing up for the re-entry and retesting of the Thameem-1 well in Oman, and this time, the approach involved utilizing fracking tools to stimulate the reservoir. The company has disclosed its plans, stating that the well will undergo re-entry and retesting, accompanied by a hydraulic fracture operation. Current preparations are concentrated on the design, procurement, and site readiness for the hydraulic fracture.
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Middle-East And Africa Frac Stack Market Report Scope
Frac stacks are usually composed of upper and lower master valves, flow crosses, wing valves, goat heads, and swab valves. Since hydraulic fracturing requires high flow rates and pressures, frac stacks typically have larger bores and higher pressure ratings than production trees.
The Middle-East and Africa frac stack market is segmented by location of deployment, well type, and geography. By location of deployment, the market is segmented into onshore and offshore. By well type, the market is segmented into horizontal and deviated, vertical. The report also covers the market size and forecasts for the frac stack market across major countries in the region. For each segment, the market sizing and forecasts have been done based on revenue (USD).
Location of Deployment
| Onshore |
| Offshore |
Well Type
| Horizontal and Deviated |
| Vertical |
Geography (Regional Market Analysis {Market Size and Demand Forecast till 2028 (for regions only)})
| Saudi Arabia |
| United Arab Emirates |
| Nigeria |
| Rest of Middle-East and Africa |
| Location of Deployment | Onshore |
| Offshore | |
| Well Type | Horizontal and Deviated |
| Vertical | |
| Geography (Regional Market Analysis {Market Size and Demand Forecast till 2028 (for regions only)}) | Saudi Arabia |
| United Arab Emirates | |
| Nigeria | |
| Rest of Middle-East and Africa |
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Key Questions Answered in the Report
How big is the Middle-East And Africa Frac Stack Market?
The Middle-East And Africa Frac Stack Market size is expected to reach USD 3.64 billion in 2025 and grow at a CAGR of 4.5% to reach USD 4.53 billion by 2030.
What is the current Middle-East And Africa Frac Stack Market size?
In 2025, the Middle-East And Africa Frac Stack Market size is expected to reach USD 3.64 billion.
Who are the key players in Middle-East And Africa Frac Stack Market?
Halliburton Company, Schlumberger Limited, NOV Inc, Baker Hughes Company and Cactus, Inc. are the major companies operating in the Middle-East And Africa Frac Stack Market.
What years does this Middle-East And Africa Frac Stack Market cover, and what was the market size in 2024?
In 2024, the Middle-East And Africa Frac Stack Market size was estimated at USD 3.48 billion. The report covers the Middle-East And Africa Frac Stack Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle-East And Africa Frac Stack Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Middle-East And Africa Frac Stack Market Report
Statistics for the 2025 Middle-East And Africa Frac Stack market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East And Africa Frac Stack analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
