Press release
Hydraulic Fracturing Market 2023 Size, Industry Share, Emerging Trends | Schlumberger (U.S.), Baker Hughes, a GE Company (U.S.), Weatherford (U.S.), Halliburton (U.S.), FTS International (U.S.)
hydraulic fracturing market size was USD 11.74 billion in 2020. The market is projected to grow from USD 15.31 billion in 2021 to USD 28.93 billion in 2028 at a CAGR of 9.5% during the 2021-2028 period.Hydraulic Fracturing Market Strategic growth 2023 Global Industry Size, Trends, Share and Growth Forecast to 2029 report provides comprehensive information on the current scenario which includes historical and projected Hydraulic Fracturing Market insights. Hydraulic Fracturing Market is expected to expand at the highest growth rate by 2029.
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The report for the Global Hydraulic Fracturing Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance.
In-Depth Qualitative COVID-19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
Major Key Players Profiled in The Report Include:
Schlumberger (U.S.)
Baker Hughes, a GE Company (U.S.)
Weatherford (U.S.)
Halliburton (U.S.)
FTS International (U.S.)
BJ Services (U.S.)
Cudd Energy Services (U.S.)
ProPetro Holding Corp. (U.S.)
Calfrac Well Services (Canada)
Liberty Oilfield Services (U.S.)
Trican Well Services Ltd. (Canada)
Basic Energy Services (U.S.)
Superior Energy Services (U.S.)
RockPile Energy Services (U.S.)
US Well Services (U.S.)
The Impact of Covid-19 on The Future Development of The Industry Is Pointed Out.
Years Considered to Estimate the Market Size:
History Year: 2016-2018
Base Year: 2019
Estimated Year: 2022
Forecast Year: 2023-2028
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Segmental Outlook:
By Well Type
Horizontal
Vertical
By Technology
Plug & Perf
Sliding Sleeve
By Application
Onshore
Offshore
Industry Globalization Drivers:
Unconventional gas reserves provide enough amount of energy reserves to cater to the growing demand for energy and high potential in exploration and production of shale and tight gas. The U.S. Geological Survey (USGS) had introduced unconventional or tight reserves in a part of the productive Permian oil and gas basin that connects Western Texas and Southeastern New Mexico. Approximately one-third of the U.S. crude oil currently is gained from the Permian, which makes it the largest shale-oil producing region in the country. Several countries are in a transitional phase to fully develop the exploration and production of unconventional gas, which would help create energy security and jobs. Hence, the trending shift towards the development of more reliable, secure, and advanced methods for the acquisition of extensive amounts of oil and gas is projected to fuel the demand for global market.
The Report Shares Key Insights On:
✤ Current Market Size
✤ Market Forecast
✤ Market Opportunities
✤ Key Drivers and Restraints
✤ Regulatory Scenario
✤ Industry Trend
✤ New Product Approvals/launch
✤ Promotion and Marketing Initiatives
✤ Pricing Analysis
✤ Competitive Landscape
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Detailed TOC of Global Hydraulic Fracturing market Report 2023
✤ Report Overview
✤ Research Scope
✤ Market Segment by Type
✤ Global Hydraulic Fracturing market Size Growth Rate by Type
✤ Market Segment by Application
✤ Global Hydraulic Fracturing market Share by Application
✤ Others
✤ Study Objectives
✤ Years Considered
✤ Market Perspective
✤ Global Top Hydraulic Fracturing market Regions (countries) Ranking by Market Size
✤ Hydraulic Fracturing Market Industry Trends
✤ Hydraulic Fracturing Market Trends
✤ Hydraulic Fracturing Market Drivers
✤ Hydraulic Fracturing Market Challenges
✤ Hydraulic Fracturing Market Restraints
✤ Competitive Landscape by Manufacturers
✤ Global Hydraulic Fracturing market Size by Type
✤ Global Hydraulic Fracturing market Size by Application
✤ North America
✤ Europe
✤ Asia Pacific
✤ Latin America
✤ Middle East and Africa
✤ Company Profiles
✤ Value Chain and Sales Channels Analysis
✤ Research Findings and Conclusion
✤ Appendix
Continued….........
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