Global Hydraulic Fracturing Market Size, Share, Growth, Trend & Forecast 2027

Global hydraulic fracturing market is expected to grow at a steady rate during the forecast period. The global hydraulic fracturing market is driven by the increasing exploration and production activities. Additionally, shortage of easy oil coupled with increase in the number of new oil drilling is further expected to spur the market through 2027. Besides, paradigm shift towards deep water exploration activities is anticipated to foster the market growth over the next few years. Furthermore, depleting conventional resources has led to the need for finding an appropriate solution to reserve the resources thereby fueling the market growth. However, environmental concerns associated to hydraulic fracturing can hamper the market growth over the next few years. Also, high costs involved can further restrict the market growth.

The global hydraulic fracturing market is segmented based on well type, technology, material, fluid type, application, company and region. Based on well type, the market can be bifurcated into horizontal and vertical. The horizontal well type is expected to dominate the market since it helps in opening deep rock formations which were previously inaccessible using vertical well type. Based on technology, the market can be split into plug & perf and sliding sleeve. The sliding sleeve technology is expected to witness significant growth in the market on account of its widespread use in open-hole and naturally broken structures.

Regionally, the hydraulic fracturing market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the market share in the overall hydraulic fracturing market owing to expansion of producing well base in the region. Additionally, North America is a major producer of natural gas and crude oil. Also, the U.S. is making heavy investments in exploring unconventional gas using hydraulic fracturing.

The major players operating in the hydraulic fracturing market are Schlumberger, Halliburton, Baker Hughes, Calfrac Well Services, FTS International, Nabors Industries Ltd. (Bermuda), Tacrom Services SRL, Trican Well Services Limited, United Oilfield Services, Weatherford International Inc. and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Browse Full report : https://www.techsciresearch.com/report/hydraulic-fracturing-market/2339.html

Objective of the Study:

  • To analyze and estimate the market size of global hydraulic fracturing market from 2017 to 2020.
  • To estimate and forecast the market size of global hydraulic fracturing market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global hydraulic fracturing market based on well type, technology, material, fluid type, application, company and regional distribution.
  • To identify dominant region or segment in the global hydraulic fracturing market.
  • To identify drivers and challenges for global hydraulic fracturing market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global hydraulic fracturing market.
  • To identify and analyze the profile of leading players operating in global hydraulic fracturing market.
  • To identify key sustainable strategies adopted by market players in global hydraulic fracturing market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global hydraulic fracturing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Hydraulic fracturing service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to hydraulic fracturing

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Table Of Content : 

  1. Product Overview
  2. Research Methodology
  3. Impact of COVID-19 on Global Hydraulic Fracturing Market
  4. Executive Summary
  5. Voice of Customer
  6. Global Hydraulic Fracturing Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Well Type (Horizontal v/s Vertical)

6.2.2.     By Technology (Plug & Perf v/s Sliding Sleeve)

6.2.3.     By Material (Sand, Ceramic, Resin-Coated Sand, Others)

6.2.4.     By Fluid Type (Slick Water-based Fluid, Foam-based Fluid, Gelled Oil-based Fluid, Others)

6.2.5.     By Application (Shale Gas, Tight Gas, Tight Oil, CBM, Others)

6.2.6.     By Company (2021)

6.2.7.     By Region

6.3.  Product Market Map

  1. Asia-Pacific Hydraulic Fracturing Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Well Type

7.2.2.     By Technology

7.2.3.     By Material

7.2.4.     By Fluid Type

7.2.5.     By Application

7.2.6.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Hydraulic Fracturing Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Well Type

7.3.1.2.2.             By Technology

7.3.1.2.3.             By Material

7.3.1.2.4.             By Application

7.3.2.     Indonesia Hydraulic Fracturing Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Well Type

7.3.2.2.2.             By Technology

7.3.2.2.3.             By Material

7.3.2.2.4.             By Application

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web:  https://www.techsciresearch.com

Showing 1 reaction

Please check your e-mail for a link to activate your account.

connect