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Hydraulic Fracturing Market - Global Outlook and Forecast 2022-2028

Hydraulic fracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of 'fracking fluid' (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. This report contains market size and forecasts of Hydraulic Fracturing in Global, including the following market information: Global Hydraulic Fracturing Market Revenue, 2017-2022, 2023-2028, ($ millions) Global top five companies in 2021 (%) The global Hydraulic Fracturing market was valued at 64770 million in 2021 and is projected to reach US$ 100060 million by 2028, at a CAGR of 6.4% during the forecast period. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. Horizontal Wells Segment to Reach $ Million by 2028, with a % CAGR in next six years. The global key manufacturers of Hydraulic Fracturing include GE(Baker Hughes), Calfrac Well, Fts International, Halliburton, Nabors Industries, Patterson-Uti Energy, RPC, Schlumberger Limited and Tacrom Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydraulic Fracturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global Hydraulic Fracturing Market, by Type, 2017-2022, 2023-2028 ($ millions) Global Hydraulic Fracturing Market Segment Percentages, by Type, 2021 (%) Horizontal Wells Vertical Wells Global Hydraulic Fracturing Market, by Application, 2017-2022, 2023-2028 ($ millions) Global Hydraulic Fracturing Market Segment Percentages, by Application, 2021 (%) Residents Industrial Electric Power Global Hydraulic Fracturing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) Global Hydraulic Fracturing Market Segment Percentages, By Region and Country, 2021 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies Hydraulic Fracturing revenues in global market, 2017-2022 (estimated), ($ millions) Key companies Hydraulic Fracturing revenues share in global market, 2021 (%) Further, the report presents profiles of competitors in the market, key players include: GE(Baker Hughes) Calfrac Well Fts International Halliburton Nabors Industries Patterson-Uti Energy RPC Schlumberger Limited Tacrom Services Trican Well Service United Oilfield Services Superior Well Services
1 Introduction to Research & Analysis Reports 1.1 Hydraulic Fracturing Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Hydraulic Fracturing Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.
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About this Report
Report ID 915304
Category
  • Software and Services
Published on 02-May
Number of Pages 68
Publisher Name Market Monitor Global
Editor Rating
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