Press release
Pressure Pumping Market Size, Share, Trends And Production Analysis Report By 2033
Pressure Pumping Market Size
As per the report, the pressure pumping market size has grown strongly in recent years. It will grow from $57.3 billion in 2023 to $60.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The pressure pumping market size is expected to see strong growth in the next few years. It will grow to $73.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9016&type=smp
Surging Exploration Activities Fuel Growth In The Pressure-Pumping Market
Growing exploration activities in the oil, gas, and mining industries are expected to boost the growth of the pressure-pumping market going forward. The oil and gas industry has a specialized sector called exploration and production (E&P) that deals with the first phase of energy production. Producing oil wells needs some additional lift systems to pump the reservoir oil, thus, pressure pumps are needed to produce heavy oil and bring it to the surface. For instance, according to the report published in 2021 by the International Energy Agency, a France-based agency committed to shaping a secure and sustainable energy future for all, there will be a 5 mb/d rise in global oil production capacity by 2026. Furthermore, in July 2022, according to a report published by the US Energy Information Administration, a US-based federal statistical agency, the deployment of active well service rig count in the United States increased by 22.23% from 738 in 2020 to nearly 949 in 2021, due to rising oil and gas exploration and drilling operations. Therefore, growing exploration activities in the oil, gas, and mining industries are driving the growth of the pressure-pumping market.
Innovative Solutions Sets New Standards In High-Efficiency Electric Servo Intensifier Pumps
Product innovations have emerged as the key trend gaining popularity in the pressure pumping market. Major companies operating in the pressure pumping market are developing innovative products to strengthen their position in the market. For instance, in 2022, Waterjet Corporation, an Italy-based manufacturer and seller of technologically advanced machines and systems for high-pressure waterjet cutting and finishing, launched E-Drive Pro, an innovative high efficiency (90%) 100% electric servo intensifier pump. Unique features of the E-Drive Pro include its power to withstand high physical stress, its capability of delivering a pressure of 6,500 bars, and its ability to increase the pressure to 6,000 bars with 90% efficiency.
The pressure pumping market covered in this report is segmented -
1) By Pump Type: Dynamic, Positive Displacement
2) By Pressure: Low, Medium, High
3) By Application: Oil And Gas, Mining, Chemical, Municipalities, Marine, Automotive, Food And Beverage, Construction, Agriculture, Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=9016&type=discount
Major companies operating in the pressure pumping market report are Baker Hughes Company, Halliburton Company, Trican Well Service Ltd., NexTier Oilfield Solutions, RPC Inc., FTS International Inc., Schlumberger Limited, National Oilwell Varco Inc., Calfrac Well Services Ltd., Flowserve Corporation, ITT Inc., General Electric Company, Weatherford International Plc., KSB Limited, Maximator GmbH, Danfoss, C&J Energy Services, LEWA GmbH, KAMAT GmbH & Co. KG, SPP PUMPS, Sam Pumps, Sulzer, Saipem SpA, Chevron Corporation, Shell PLC, Liberty Oilfield Services, ProPetro Holding Corp., Keane Group Inc., Sanjel Energy Services, Schlumberger Production Management .
Contents of the report:
1. Executive Summary
2. Pressure Pumping Market Report Structure
3. Pressure Pumping Market Trends And Strategies
4. Pressure Pumping Market - Macro Economic Scenario
5. Pressure Pumping Market Size And Growth
…..
27. Pressure Pumping Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/pressure-pumping-global-market-report
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Size, Share, Trends And Production Analysis Report By 2033 here
News-ID: 3602796 • Views: …
More Releases from The Business research company
Soaring Demand Set to Propel Grant Management Software Market to $4.47 Billion b …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Grant Management Software Market Size Growth Forecast: What to Expect by 2025?
The market size of grant management software has escalated quickly in the past few years. The growth is projected to surge from $2.58 billion in 2024 to $2.88 billion by 2025, indicating a compound annual growth rate…
Top Market Shifts Transforming the Food Manufacturing Software Market Landscape: …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Food Manufacturing Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of food manufacturing software has expanded significantly in the last few years. The worth of the market is projected to increase from $5.35 billion in 2024 to $5.82 billion in 2025,…
Granular Permissions Market Expected to Achieve 19% CAGR by 2029: Growth Forecas …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Granular Permissions Market Through 2025?
There has been a significant increase in the size of the granular permissions market in recent years. The market, valued at $2.79 billion in 2024, is expected to reach $3.32 billion in 2025, exhibiting a compound annual…
Increasing Number Of Lawsuits Drives The Market Due To Rising Litigation Risks: …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Excess Liability Insurance Market Through 2025?
The market for excess liability insurance has shown robust growth in past years, with predictions indicating its increase from $14.78 billion in 2024 to $15.89 billion in 2025, reflecting a compound annual growth rate (CAGR) of…
More Releases for Pump
Asphalt Pumps Market Key Players: Johnson Pump, Viking Pump, Rotan Pump, Shanggu …
The Asphalt Pumps Market Research Reports 2021 – 2027 is an Analysis and In-depth study of the Asphalt Pumps Market Industry, with the target of global market trend. The report mainly focuses on the market size, market structure, market share, growth cost structure, and forecast for 2027. The Research Report is an analysis of quantitative of the Asphalt Pumps market and gives information for making strategies…
Automotive Pump Market Forecast to 2028 - Covid-19 Impact and Global Analysis - …
MARKET INTRODUCTION
Automotive pumps are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication.
Download Sample Report in PDF Version @ www.theinsightpartners.com/sample/TIPRE00006033/?utm_source=openpr&utm_medium=10387
This report sample includes:
A brief introduction to…
Solar Pump Market Current & Future Growth Forecast To 2027 | CRI Pump, LORENTZ, …
Asia-pacific contributed to the highest share, accounting for more than half of the global solar pump market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to increase in government initiatives in region such as India, drive the market growth in this region. However, Europe is expected to grow at the highest CAGR of 8.5% from 2020 to 2027. This is owing to means of…
Agricultural Pump Market Advancement Outlook 2020-2026: Sulzer, Dayuan Pump, Wil …
The Latest report about the Agricultural Pump market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Agricultural Pump market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with…
Agricultural Water Pump Market Growth Opportunities 2020: Lingxiao Pump, East Pu …
The newly issued research report provides comprehensive and an in-depth assessment of the "Global Agricultural Water Pump Market Forecast 2020-2026", which will also offer relevant data for the new industry entrants as well as well-established Agricultural Water Pump market players. According to the study, the worldwide Agricultural Water Pump market report unfolds the current and historical Agricultural Water Pump industry scenarios, Agricultural Water Pump market development patterns and is expected…
Global Slurry Pump Market: Tsurumi Pump, Shijiazhuang Kingda Pump, Xylem, Weir G …
Global Market Study Evaluate on Slurry Pump Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Slurry Pump market report is:
This report offers a comprehensive evaluation of the Slurry Pump market. It does so by in-depth qualitative insights, historical Slurry Pump market data, and verifiable projections about global Slurry Pump market size. The projections featured in the Slurry Pump market report have been…
