openPR Logo
Press release

Hydraulic Fracturing Market Value Projected to Expand by 2022

11-16-2017 12:20 PM CET | Energy & Environment

Press release from: Transparency Market Research - Energy & Mining

Hydraulic Fracturing Market Value Projected to Expand by 2022

Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is expected to reach US$66.06 bn by 2022, expanding at a CAGR of 6.12% in the period from 2014 to 2022. The report is titled “Hydraulic Fracturing Market, - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2014 - 2022.”

View Report Preview @ https://www.transparencymarketresearch.com/hydraulic-fracturing-market.html

The report states that the hydraulic fracturing market which stood at 21.34 MHHP in 2013, is expected to expand at a CAGR of 5.30% from 2014 to 2022, to reach 33.97 MHHP by 2022 in terms of volume. The report contains an executive summary comprising a snapshot of the hydraulic fracturing market, containing detailed information on the various segments, as well as the market dynamics such as growth drivers and restraining factors. It also analyzes the impact of these dynamics on the market during the forecast period 2014 to 2022.

Hydraulic fracturing techniques are primarily implemented on unconventional reservoirs such as tight oil, tight gas, shale gas, shale oil, and coal bed methane. Over time, hydraulic fracturing has begun to gain preference in conventional gas and oil fields on abandoned wells which were deemed uneconomical in the past. With the implementation of the hydraulic fracturing technique, the production of natural gas and crude oil has become possible from matured fields. Currently, 70% of the overall production of hydrocarbons is from matured fields.

Request to View Sample of Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=587

The application of hydraulic fracturing techniques results in significant cost and time savings, which is one of the reasons for an increase in the adoption of this technique. The adoption of hydraulic fracturing by several countries such as Saudi Arabia, Oman, and the U.S. for both conventional and unconventional gas and oil fields has propelled the global hydraulic fracturing market. Moreover, according to the U.S. Energy Information Administration (EIA), large quantities of shale gas and shale oil reserves are available for extraction in North America, which will further drive the hydraulic fracturing market. These discoveries in North America have helped the region to transform from an energy importing nation to an energy exporting nation. It has also helped the region to create huge employment opportunities and increase energy security. According to the report, North America would be the largest exporter of natural gas and crude oil in the future, indicating many emergent opportunities in the fracking market in North America.

The global hydraulic fracturing market is segmented on the basis of technology, application, and region. Major regions studied are Europe, North America, Asia Pacific, and RoW. Out of these, North America dominates the market, owing to large shale reserves present in the region. On the basis of application, the market is segmented into conventional, shale gas, and others.

Key players in the hydraulic fracturing market include: Calfrac Well Services Ltd., Baker Hughes Inc., FTS International, Inc., Nabors Industries Ltd., RPC, Inc., Halliburton Company, Schlumberger Limited, Trican Well Services Limited, Weatherford International Ltd, and United Oilfield Services, Inc.

Buy Hydraulic Fracturing Market Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=587<ype=S

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.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 Value Projected to Expand by 2022 here

News-ID: 820075 • Views: 241

More Releases from Transparency Market Research - Energy & Mining

Wastewater Treatment Services Market – Notable Developments and Geographical O …
Albany, NY - Wastewater Treatment Services Market- Overview Large amount of wastewater is produced from households and industries that can be successfully treated for reuse and also for discharging it into the environment. Many regions in the world are going through water crisis. Wastewater treatment services can provide significant solutions to handle this situation. Rapid urbanization brought by industrialization and unprecedented population rise are inducing high demand for clean drinking
Key Drivers of Europe Distribution Transformer Market
Albany, NY - Europe Distribution Transformer Market­­­: Introduction The distribution transformer market in Europe was valued at US$ 3.5 Bn in 2019 and is anticipated to expand at a CAGR of 6.5% during the forecast period. Based on insulation, the liquid segment held dominant share of the distribution transformer market in Europe in 2019. In terms of insulation type, the replacement segment accounted for a larger share of the distribution transformer market in Europe in 2019. Power failures have been rising due to
Customized Peptide Generation Market Drivers, Restraints and Notable Development …
Albany, NY - Global Customized Peptide Generation Market: Overview Mechanical developments, expanding research exercises in the field of engineered science, developing weight of malignancy and irresistible illnesses, and expanding ventures and subsidizing for protein-based inquire about are the central point driving the customized peptide generation market development. Peptide usage in the pharmaceutical business has experienced an enormous change lately because of mechanical improvements. Prior, peptide generation was completed with the assistance of common sources,
Hybrid And Full Electric Marine Propulsion Market To Hit US$7,516.7 Mn By 2026
Albany, NY - The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse Engine are the leading companies in the global hybrid and full electric marine propulsion

All 5 Releases


More Releases for Hydraulic

Global Hydraulic Cylinder for Hydraulic Roof Supports Market Analysis (2020-2025 …
Global Info Research offers a latest published report on Hydraulic Cylinder for Hydraulic Roof Supports Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Hydraulic Cylinder for Hydraulic Roof Supports Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to
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 Hydraulic Axial Piston Pump Market Forecast 2018-2025 Oilgear, Kawasaki H …
Recently added detailed market study "Global Hydraulic Axial Piston Pump Market" examines the performance of the Hydraulic Axial Piston Pump market 2018. It encloses an in-depth Research of the Hydraulic Axial Piston Pump market state and the competitive landscape globally. This report analyzes the potential of Hydraulic Axial Piston Pump market in the present and the future prospects from various angles in detail. The Global Hydraulic Axial Piston Pump Market 2018
Hydraulic Winches Market
A Hydraulic Winch is a mechanical device that is used to pull in (wind up) or let out (wind out) or otherwise adjust the "tension" of a rope or wire rope (also called "cable" or "wire cable"). In its simplest form it consists of a spool and attached hand crank. In larger forms, winches stand at the heart of machines as diverse as tow trucks, steam shovels and elevators. The
Global Hydraulic Motor Market Research Report 2017 - Eaton, Parker, Bosch Rexrot …
This report studies Hydraulic Motor in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Eaton Parker Bosch Rexroth Dalton Hydraulic Grainger Industrial Imenco Bauer Hydraulics Eagle Hydraulic Components Dynamic Fluid Ningbo Zhongyi Hydraulic Motor Rotary Power Hydroleduc Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate
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