iCrowdNewswire   Jan 26, 2021  8:00 AM ET

Global Hydraulic Fracturing Industry

Global hydraulic fracturing market is expected to grow at the CAGR of 8.2% during 2018-2023. The global hydraulic fracturing market is growing at a modest rate due to rise in adoption of hydraulic fracturing in oil & gas market for shale exploration and production. Significant investment from government and private players are expected to boost the global hydraulic fracturing market. Global adoption and exploration in shale products and technological advancement has been driving the market. Other key factors that are driving the global hydraulic fracturing market include shale drilling & energy revolution across the globe. R&D investment and research program are guiding the market to explore shale gas through safe technology without harming the environment.

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However, requirement of huge amount of water and chemicals in global hydraulic fracturing market is restraining the market growth. Stringent government regulations & policies may also affect the market growth. Concern for water contamination, seismic wave formation and sliding crude oil prices are expected to affect the market growth. However, huge demand in APAC region and adoption of waterless fracturing foams are expected to boost the market.

North America contributes highest in the overall hydraulic fracturing market followed by Europe due to rising shale gas production and technological advancement. Additionally, North America has abundant shale reserves that are commercially viable as a result hydraulic fracturing market is widely adopted for shale gas formation. Moreover, APAC has been predicted as the fastest growing region during the forecast period. Emerging economies such as China, India, Japan and Korea have huge demand for hydraulic fracturing for shale production. The key players in the global hydraulic fracturing market include Baker Hughes Inc., C&J Energy Services Inc., Cudd Energy Services, Halliburton, Patterson-UTI Energy, Inc., RPC, Inc., Schlumberger, Statoil ASA, Superior Well Services Inc., Trican Well Service Ltd. and Weatherford International Inc.

Research Methodology and tools

The market study of hydraulic fracturing has been incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.

Secondary sources include

Financial/annual reports of companies involved in the market 
Forward looking statement of key hydraulic fracturing market players 
Authentic Public Databases 
Average cost analysis of services on the basis of geography 
Whitepapers, research-papers and news blogs 
Company websites and their product catalogue. 
The report is intended for global hydraulic fracturing market players, potential entrants, diagnostic laboratories, healthcare provider, universities for overall market insights. The report provides in-depth analysis on pricing, market size, market determinants and competitive landscape. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models such as PEST analysis delivering insights into the market for better business decisions.

Market Segmentation

Global Hydraulic fracturing Market Research and Forecast, By Application 
Global Hydraulic fracturing Market Research and Forecast, By Technology 
Global Hydraulic fracturing Market Research and Forecast, By Material 
Global Hydraulic fracturing Market Research and Forecast, By Shale Type 

The Report covers

Comprehensive research methodology of global hydraulic fracturing market. this report also includes detailed and extensive market overview with analyst insights & key market trends. 
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations. 
Analysis of regional regulations and other government policies impacting the global hydraulic fracturing market. 
Insights about market determinants which are stimulating the global hydraulic fracturing 
Detailed and extensive market segments with regional distribution of forecast revenues. 
extensive profiles and recent developments of market players.

Companies Mentioned

  1. BAKER HUGHES INC. 
    2. BP PLC 
    3. C&J ENERGY SERVICES INC. 
    4. CALFRAC WELL SERVICES LTD. 
    5. CUDD ENERGY SERVICES. 
    6. EXXONMOBIL 
    7. FTS INTERNATIONAL 
    8. HALLIBURTON 
    9. NABORS INDUSTRIES LTD. 
    10. PATTERSON-UTI ENERGY, INC. 
    11. PETROBRAS 
    12. ROYAL DUTCH SHELL PLC 
    13. RPC, INC. 
    14. SCHLUMBERGER 
    15. STATOIL ASA 
    16. SUPERIOR WELL SERVICES INC. 
    17. TACROM SERVICES S.R.L. 
    18. TRICAN WELL SERVICE LTD. 
    19. UNITED OILFIELD SERVICES. 
    20. WEATHERFORD INTERNATIONAL INC.

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Some points from table of content:

  1. REPORT SUMMARY
  2. MARKET OVERVIEW AND INSIGHTS
  3. MARKET DETERMINANT
  4. MARKET SEGMENTATION
  5. COMPETITIVE LANDSCAPE
  6. REGIONAL ANALYSIS
  7. COMPANY PROFILES (COMPANY OVERVIEW, PRODUCT PORTFOLIO, RECENT DEVELOPMENTS, REVENUE ANALYSIS)

For more information or any query mail at [email protected]

About the Author:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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