Hydraulic Fracturing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1767 | Report Format : | Status : Upcoming |

Abstract

Global Hydraulic Fracturing Market: Overview

A technique, which is widely used for extraction of the crude oil and natural gas, is known as hydraulic fracturing. In hydraulic fracturing, injection of chemical additives, water, and propping agents are allowed at very high pressure and temperature in order to boost the rock permeability. High pressure, that is 600 bars pressure, is maintained of the fracturing fluid in order to inject into the formation. Such high pressure will create fractures and expand the width as the injection continues. This fracture can stretch over tens or hundreds of meters away from the wellbore. However, most of the injected hydraulic fracturing fluid reverses back to the surface and remaining stays inside the wellbore. Hydraulic fracturing fluid composition is extremely fluctuating in nature and highly depends on geological properties of the rock formation.

Global Hydraulic Fracturing Market: Growth Factors

Growth in oil & gas reserves in the shale basins is expected to fuel the growth in the hydraulic fracturing market. Oil & gas is consumed for primary energy in power generation, household activities, and transportation across the globe, which is positively enhancing the market. Key manufacturers of oil & gas are experiencing a decline in the petroleum production levels owing to depletion of conventional reserves; this has widened the demand-supply gap. Thus, petroleum extirpation has risen from unconventional reserves by using horizontal drilling coupled with hydraulic fracturing techniques. Changing preferences of the manufacturers towards unconventional reserves include coal bed methane; tight gas, shale, and tight oil are projected to propel the hydraulic fracturing market growth in the near future.

Global Hydraulic Fracturing Market: Segmentation

The global hydraulic fracturing market is segmented based on the application, technology, and material. The application segment is categorized into tight gas, tight oil, shale gas, CBM, and others. Based on technology segment, the market is segregated into the sliding sleeve and plug & perf. The material segment is fragmented into proppant and others. The proppant segment is further sub-segmented into resin coated sand, sand, and ceramic.

Global Hydraulic Fracturing Market: Regional Analysis

North America is the leading region in the global hydraulic fracturing market which is owing to the dominance of countries such as the U.S. and Canada. Huge investments are done by developing economies such as Australia, China, and Indonesia through FDI channels and presence of a huge number of CMB reserves and recoverable shale in China, may open up new growth avenue in the market. Potential to explore the untapped market in the unconventional hydrocarbon reserves in this region is fuelling the growth of the market. Availability of the skilled manpower, key resources such as technology and government support for increasing E&P activities in unconventional reserves attributes in giving rise to the hydraulic fracturing market growth in Asia Pacific. Other countries such as Argentina, Algeria, Russia, and Poland are witnessing significant growth coupled with ongoing developments for the improvement of the hydrocarbon reserves that are not conventional.

Global Hydraulic Fracturing Market: Competitive Players

The key players in the global hydraulic fracturing market include United Oilfield Services, Tacrom Services S.R.L, Calfrac Well Services, Weatherford International, Superior Well Services, Cudd Energy Services, and Trican Well Services Ltd.

Global Hydraulic Fracturing Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

LPG Vaporizer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2025

Price : $ 3999.00 | Report Code: ZMR-4256 | Report Format:

Global LPG Vaporizer Market: Overview LPG Vaporizer helps the liquefied petroleum gas to enter the vaporizer as liquid and exit from it in the gaseous state. These products are a part of various kinds of LPG as well as propane-driven systems. The LPG comprises of propane and butane. The LPG vapo...Read More

Gas Generator Sets Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4245 | Report Format:

Global Gas Generator Sets Market: Overview Gas generator sets are the instruments for producing gas. They can produce gas through chemical reaction or from the liquid as well as a solid source when preserving a pressurized gas is not viable. Global Gas Generator Sets Market: Growth Factors T...Read More

Boiler Control Market by Boiler Type (Water Tube Boiler and Fire Tube Boiler), by Component (Hardware, and Software), by Control Type (Modulating and On/Off), and By End-Use Industry (Industrial, Commercial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4229 | Report Format:

This report offers a comprehensive glance at the boiler control market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based revenue (USD Billion) and volume (K Units). The complete study covers the key drivers and restra...Read More

Stone Crushing Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4211 | Report Format:

Global Stone Crushing Equipment Market: Overview Stone crushing equipment also referred to as stone crushers are the machines that are made to reduce big rocks into smaller ones in the form of rock dust and gravel. These devices are also used to reduce the size of the rocks or alter its forms or...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.