Press release
Pressure Pumping Market Expert Research on Current Market Scenario, Size ,Growth Rate | Industry New Tech Developments Report Forecast to 2027
Significant depletion of matured oil fields has forced Oil companies to shift their focus towards drilling activities. Pressure pumping being an essential part of pumping oil from matured oil fields and increased drilling activities to pump oil from unconventional onshore fields is leading to a significant increase in the demand in the pressure pumping market. With the further depletion of oil fields the market for pressure pumping is going to witness further growth due to increasing complexity of pumping oil from shallow oil fields.
According to a recent study report published by the Market Research Future, The global market of Pressure Pumping is booming and expected to gain prominence over the forecast period. The global Pressure Pumping market is forecasted to demonstrate an exponential growth by 2027, surpassing its previous growth records in terms of value with a whooping, CAGR during the estimated period (2018 – 2027).
Industry Key Players:-
• Weatherford International
• China Oilfield Services Ltd.
• Halliburton Company
• Saipem S.p.A.
• Schlumberger Limited
• Baker Hughes
• Superior Energy Services
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/1354
Pressure Pumping Market - Segmentation:-
Global Pressure Pumping Market is segmented in to three key dynamics for an easy grasp and enhanced understanding.
Based on services, the market has been segmented into cementing, hydraulics fracturing, and others. Hydraulics fracturing dominates the service segment of global market. Hydraulics fracturing is a process of pumping fluid into a wellbore to create enough pressure to crack, or fracture, the rock layer. The fluid usually contains a proppant like sand, that helps keep the fractures open to allow oil and gas to be produced to the well. Cementing services is the second major segment for pressure pumping market and it is expected to witness strong growth over the forecast period.
Based on well type, the market has been segmented land and offshore. Onshore dominates the well type segment of global market. Offshore segment is expected to be the fastest growing segment during the forecast period. Increasing the exploration activities in deep and ultra-deep waters especially in the North Sea, and Gulf of Mexico is expected to drive demand in the sector over the forecast period.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific, Middle East & Africa and South America.
Industry News:-
In January 2016, Trican Well Service Ltd announce that it has entered into a definitive agreement with Keane Group, a privately-held, U.S. based well completion services company for the sale of Trican's United States pressure pumping business. The agreed purchase price for the disposition is USD 200 million, or CDN 285 million.
In March 2017, Trican and Canyon to combine to create premier canadian pressure pumping company
Enquiry For the Report @ https://www.marketresearchfuture.com/enquiry/1354
Regional Analysis of Pressure Pumping Market:-
North America is the leading region in this market mainly due to large number of major contractors and Companies in this region. North America is poised to growth at a significant pace with the existing competition in the market and heavy investments in R&D for technological development.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pressure Pumping Market Expert Research on Current Market Scenario, Size ,Growth Rate | Industry New Tech Developments Report Forecast to 2027 here
News-ID: 1088236 • Views: …
More Releases from Market Research Future
Global Stem Cell Assay Market Set to Reach USD 10.27 Billion by 2035 as Regenera …
The global Stem Cell Assay Market is experiencing a period of exponential growth, fueled by the rapid expansion of regenerative medicine and a surging demand for physiologically relevant models in drug toxicity testing. According to recent industry analysis for 2026, the market is valued at approximately USD 5.04 billion and is projected to reach USD 10.27 billion by 2035, exhibiting a robust compound annual growth rate (CAGR) of 8.22%.
As pharmaceutical…
Global Healthcare IT Market Projected to Surpass USD 1,650.34 billion by 2035, C …
The global Healthcare IT Market is entering a new era of hyper-growth, driven by the mass adoption of generative AI, the decentralization of patient care, and a critical industry-wide push for data interoperability. According to the latest market intelligence, the sector is valued at approximately USD 386.58 billion in 2026 and is forecasted to accelerate at a remarkable compound annual growth rate (CAGR) of 17.5%, reaching USD 1,650.34 billion by…
Global Medical Foods Market Poised to Reach USD 40.77 Billion by 2035, Driven by …
The global Medical Foods Market is undergoing a significant transformation, fueled by a paradigm shift in healthcare toward specialized, condition-specific nutritional interventions. According to the latest industry analysis, the market was valued at approximately USD 24.04 billion in 2024 and is projected to expand at a steady compound annual growth rate (CAGR) of 4.92%, reaching a staggering USD 40.77 billion by 2035.
Medical foods, which are specifically formulated for the dietary…
Hybrid Operating Room Market Projected to Reach $1.504 Billion by 2035, Driven b …
Global Market Analysis Reveals 6.79% CAGR Growth Fueled by Technological Innovation and Enhanced Surgical Precision Requirements
The global Hybrid Operating Room Market is experiencing steady expansion, with market valuation projected to grow from $0.73 billion in 2024 to $1.504 billion by 2035, according to comprehensive market research conducted by Market Research Future. This significant growth represents a compound annual growth rate of 6.79% throughout the forecast period from 2025 to 2035,…
More Releases for Pressure
Benefits of Pressure Washing With Cen-Cal Pressure Pros
Fresno, CA - Over time, a property's exterior surfaces will collect debris, causing them to lose their visual appeal. This negative effect will become more and more noticeable over time, eventually causing property owners to seek out the best solution. In most cases, pressure washing [https://www.cencalpressurepros.com/pressure-washing-company-in-fresno-ca/] is the go-to answer to dirty exterior surfaces. Pressure washing uses high-pressure water to disturb and remove debris from these surfaces. This process has…
Ensuring Pressure Washing Safety With D4S Pressure Washing
Tampa, FL - Pressure washing [https://www.d4spressurewashing.com/pressure-washing-company-in-tampa-fl/] is an effective way of restoring a property's exterior surfaces. The process makes them cleaner, and as a result, more visually appealing. However, pressure washing does not come without its fair share of challenges. For instance, pressure washing uses highly pressurized water, and handling this force can cause significant harm or damage if the correct precautions are not taken. Learn what precautions to take…
How Midland Pressure Washing Conquers Pressure Washing Challenges
Leawood, KS - Pressure washing [https://www.midlandpressurewash.com/pressure-washing-company-in-leawood-ks/] does not go the exact same way every single time. In fact, this versatile process is used to clean a variety of different surfaces, and the precise details of pressure washing can be customized to match the job. With some knowledge of the demands of every surface that needs to be cleaned, residential and commercial property owners can harness the power of pressure washing…
Pressure Washing vs. Soft Washing With Riptide Pressure Washing
Wilmington, NC - The exterior surfaces of any property will become dirty over time. When this occurs, the owner of the property may become interested in cleaning them. However, the best way to accomplish this work may not be immediately clear. Should exterior surfaces be pressure washed, or soft washed? And what precisely is the difference between these two options? Riptide Pressure Washing [https://www.riptide-wash.com/] proudly provides pressure washing [https://www.riptide-wash.com/pressure-washing-company-in-wilmington-nc/] and…
DIY Pressure Washing Versus Professional Pressure Washing
West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid…
Precision Under Pressure: Trends in Fluid Pressure Sensors
The Business Research Company recently released a comprehensive report on the Global Fluid Pressure Sensors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the fluid pressure…
