openPR Logo
Press release

Hydraulic Fracturing Market Business Revenue, Introduction, Sales Volume and Share, forecast 2018-2023

09-21-2018 01:06 PM CET | Energy & Environment

Press release from: Market Research Future

Hydraulic Fracturing Market Business Revenue, Introduction,

Hydraulic Fracturing Market Highlights:-

The major drivers for the hydraulic fracturing market involve increased shale oil & gas revolution, rising demand for oil & gas, and rising concern for depletion of natural resources. Till 2015, only four countries were commercially producing shale oil & gas including U.S., China, Canada, and Argentina. With increasing shale revolution other nations, such as Algeria, Russia, Mexico, Australia, and Colombia, have also started participating in shale production. This has positively affected the hydraulic fracturing market. Besides, various oil fields are getting depleted as they have been producing for over 100 years. For instance, the Permian basin of U.S. and Safaniya oil field in the Persian Gulf have been producing oil since an early 20th century. They have reached their peak life and are depleting at a fast pace. Hydraulic fracturing allows the flow rate of the damaged oil fields to get increased. However, the harm caused by the technological process by hydraulic fracturing causes the restraint to the market.

Get Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2532


Leading Key Players:-

Baker Hughes GE (U.S.), Schlumberger (U.S.), National Oilwell Varco, Inc. (U.S.), Patterson-UTI Energy (U.S.), FracChem LLC. (U.S.), TechnipFMC (UK), U.S. Silica Holdings (U.S.), Halliburton (U.S.), Nuverra (U.S.), FTS International (U.S.), US Well Services (U.S.), Franklin Well Service LLC (U.S.), and EOG Resources (U.S.) are the key players of global hydraulic fracturing market .

Global Hydraulic Fracturing Market– Segmentation

Global hydraulic fracturing market has been segmented on the basis of well type, technology, application, and region. Based on technology, the market is further segmented into plug-and-perforation, sliding sleeve, and others. Amongst these, the plug-and-perf segment dominates the global market due to the advantage of having a large number of individually fractured stages in the wellbore. On the basis of well type, global hydraulic fracturing market is classified into horizontal and vertical. The horizontal hydraulic fracture technology is prominent in the market due to its advantage of fracturing multiple oil wells from the same point. Based on application, hydraulic fracturing market is segmented into crude oil, shale gas, tight oil, and others. Tight oil segment is dominating the global market with increasing demand for oil from non-conventional sources, and shale rocks are having low permeability.


North America accounts for the highest market share.

North America region is utilizing hydraulic fracturing on a very large scale due to presence of natural resources in huge quantities. A large number of wells in the region are stimulated by the use of hydraulic fracturing. Shale gas reserves in North America are attracting many huge companies as the gas is clean and green fuel compared to oil and coal. The successful evolution of shale gas reserves, has reduced the dependency of the region on foreign crude oil and natural gas, thereby leading to the growth of the market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/hydraulic-fracturing-market-2532


Global Hydraulic Fracturing Market - Regional Analysis

The hydraulic fracturing market is segmented into North America, Europe, APAC, and Rest of the World (RoW). North America region is expected to dominate the hydraulic fracturing market during the forecast period, owing to factors such as the increase in exploration of unconventional natural resources and the availability of resources such as skilled manpower. Asia-Pacific region is also expected to grow owing to the availability of natural resources in the region in abundance. The increased concept of digging wells in the rural areas of the region is also contributing to the growth of the market in the region.

About Market Research Future:

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 Hydraulic Fracturing Market Business Revenue, Introduction, Sales Volume and Share, forecast 2018-2023 here

News-ID: 1254797 • Views:

More Releases from Market Research Future

Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035. Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035. Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CAGR
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034. Cheese packaging
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by

All 5 Releases


More Releases for Hydraulic

Hydraulic Cylinders: Powering Growth in the Hydraulic Tools Market
The hydraulic tools market is a critical sector, providing essential equipment for construction, manufacturing, and heavy industry. Within this dynamic market, the hydraulic cylinder segment stands out as a high-opportunity area, serving as the core component that drives the power and functionality of countless hydraulic tools. Market Dynamics and Growth Drivers Hydraulic cylinders convert fluid pressure into linear force, enabling the operation of a wide range of hydraulic tools, from jacks and
Sealing Components and Hydraulic Hose Suppliers for Shielded Hydraulic Supports
Shaanxi Kelong New Materials Co., Ltd. [https://www.snkelong-sealhose.com/about-us/] is an enterprise focusing on the research and development and production of new materials. It is committed to providing high-quality sealing series products and hydraulic hose series products for coal, mining, chemical industry and other fields. In a cooperation project with Shandong Mining Machinery Huaneng Equipment Manufacturing Co., Ltd., Shaanxi Kelong New Materials Co., Ltd. successfully developed a shielded hydraulic support. This stand uses
Ningbo Vicks Hydraulic: Hydraulic System Features And Applications
Hydraulic System [https://www.vickshydraulic.com/products/servo-system/] and Servo System for Machine: A Powerful Combination In the world of industrial machinery, the combination of a hydraulic system and a servo system has proven to be a powerful and efficient solution for various applications. The hydraulic system utilizes fluid power to generate force and motion, while the servo system uses feedback control to precisely regulate the movement of the machine. When these two systems are integrated,
Compared With Ordinary Hydraulic Systems, Servo Hydraulic Systems Have Many Adva …
The servo system is an energy-saving and efficient hydraulic control method that uses a servo motor to drive the main transmission oil pump, reduce the control valve circuit, and control the hydraulic system slide. It is suitable for stamping, die forging, press fitting, die casting, injection molding, straightening, and other processes. Compared with ordinary hydraulic presses, servo hydraulic presses [https://www.zx-hydraulic.com/news/what-is-a-servo-hydraulic-press/] have the advantages of energy saving, low noise, high efficiency, good
Global Hydraulic Piston Pumps Market Forecast 2018-2025 Eaton, Oilgear, Kamat, H …
Recently added detailed market study "Global Hydraulic Piston Pumps Market" examines the performance of the Hydraulic Piston Pumps market 2018. It encloses an in-depth Research of the Hydraulic Piston Pumps market state and the competitive landscape globally. This report analyzes the potential of Hydraulic Piston Pumps market in the present and the future prospects from various angles in detail. The Global Hydraulic Piston Pumps Market 2018 report includes Hydraulic Piston Pumps
Global Umbilical Market: By Type- Hydraulic, Electro Hydraulic, Electro-Fiber Op …
Latest industry research report on: Global Umbilical Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Increasing concern towards declining crude oil prices coupled with the restoration of mature fields and exploring deep sea oil and gas reservoirs drive the growth of Umbilical Market. Request For Sample Report @ http://www.marketresearchreports.biz/sample/sample/717439 The Global Umbilical Market in Oil and Gas Industry has been growing at a positive rate, on account