Global Hydraulic Fracturing Market to grow at a CAGR of 12.5% over Forecast period 2015-2019

Albany, NY, Nov 25: Hydraulic fracturing or hydraulic fracking is a technique of well stimulation in which a fluid at a high pressure (typically water mixed with sand and chemicals) is injected into an oil well to create minor fractures in the deep rock foundations to allow natural gas, petroleum, and brine to move toward the well from deep reserves. The technique of fracturing is commonly applied to wells for shale gas and oil recovery. Such stimulation is usually carried out once during the productive life of the well and helps in the extraction of fluids (gas and oil), thereby increasing the productivity of the well. The hydraulic fracturing technique used as field production declines with time.

The Global Hydraulic Fracturing market to grow at a CAGR of 12.5 percent over the period 2014-2019. TechNavio's report, the Global Hydraulic Fracturing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. It also includes the market segmentation based on type of fracturing fluid as well as geography. The report includes a discussion of the key vendors operating in this market.

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Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- Baker Hughes
- Halliburton
- Schlumberger
- Superior Well Services
- Weatherford International

Other Prominent Vendors
- Calfrac Well Services
- Nabors Industries
- Tacrom Services
- Trican Well Services
- United Oilfield Services

Market Driver
- Huge Investments in Shale Oil and Gas Market by International and Regional Vendors
- For a full, detailed list, view our report

Market Challenge
- Proper Discharging of Fracking Fluids and Chemicals
- For a full, detailed list, view our report

Market Trend
- Move toward Horizontal Drilling
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors

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This release was published on openPR.