Hydraulic Fracturing Market to Rear Excessive Growth during 2014 – 2023

Industry Outlook and Trend Analysis:
The Global Hydraulic Fracturing Market was worth USD 37.50 billion in the year 2012 and is expected to reach approximately USD 110.68 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 11.43% during the forecast period.

Expanding E&P in oil and gas reserves that are unconventional particularly in the shale basins are relied upon to remain a key factor driving business sector development. Heightening demand for essential vitality in power generation, transportation, and household exercises has prompted expanded utilization of oil and gas in real economies over the globe. Significant oil and gas makers around the globe have been encountering a decrease in manufacturing levels inferable from draining customary reserves. Hydrocarbon extraction from the unusual stores has expanded manifolds utilizing horizontal drilling in blend with hydraulic fracturing procedures. Moving patterns towards creating flighty stores including tight oil, coal bed methane (CBM), tight gas, and shale is foreseen to drive pressure driven breaking market development over next couple of years. Utilization of such propelled extraction procedures has likewise helped E&P organizations to build the yield in low productive locales, for example, profound and ultra-remote oceans and the Arctic districts. Most of the future fracking requirement is relied upon to originate from developing economies including Russia, China, Mexico, Algeria, Brazil, and Argentina attributable to expanding horizontal drilling undertakings in flighty hydrocarbon fields. As indicated by the Energy Information Agency (EIA), E&P exercises in capricious resources, for example, tight oil and shale gas are relied upon to pick up force throughout the following couple of years. This is expected to expand consumption of traditional reserves facilitate by an additional couple of years because of the switch towards investigating substitute hydrocarbon holds. Stringent directions and security commands by different national governments and administrative bodies, for example, Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) inferable from the potential natural hazard is relied upon to frustrate the business development.

Competitive Insights:
The worldwide market is commanded by oilfield specialist co-op organizations including FTS INTERNATIONAL SERVICES, LLC, Halliburton, BJ Services and Schlumberger. Other prominent players in the market are Trican Well Service Ltd, United Oilfield Services, Calfrac Well Services, Weatherford International, Superior Well Services and Cudd Energy Services.

The Global Market is segmented as follows-

By Technology
Sliding Sleeve
Plug and Perf

By Material
Resin-coated sand
Proppant
Ceramic
Sand
Others

By Application
Tight oil
Shale gas
CBM
Tight gas
Others

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Table of Contents
1.Introduction
2.Executive Summary
3.Market Overview
4.Hydraulic Fracturing Market, By Technology
4.1.Introduction
4.2.Hydraulic Fracturing Market Assessment and Forecast, By Technology, 2012-2022
4.3.Plug and Perf
4.4.Sliding Sleeve
5.Hydraulic Fracturing Market, By Material
5.1.Introduction
5.2.Hydraulic Fracturing Market Assessment and Forecast, By Material, 2012-2022
5.3.Proppant
5.4.Other Materials
6.Hydraulic Fracturing Market, By Application
6.1.Introduction
6.2.Hydraulic Fracturing Market Assessment and Forecast, By Application, 2012-2022 ($Billion)
6.3.Shale Gas
6.4.Tight Gas
6.5.Tight Oil
6.6.CBM
6.7.Other Application
To be continued...

Regional Outlook and Trend Analysis:
In 2015 North America overwhelmed the worldwide request and represented more than 85 percent of aggregate profit. The United States and Canada together represented the major share in the worldwide hydraulic fracturing industry. Accessibility of major resources including government help, technology and skilled manpower combined with expanding E&P exercises in capricious reserves might be credited to high market infiltration in these locales. Asia Pacific holds massive potential for the business development throughout the following couple of years.

What our Hydraulic Fracturing Market Report offers:

Hydraulic Fracturing Market share assessments for the regional and country level segments.

Hydraulic Fracturing Market share analysis of the top industry players.

Strategic recommendations for the new entrants.

Competitive landscaping mapping the key common trends.

Supply chain trends mapping the latest technological advancements.

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