Global Hydraulic Fracturing Market Research Report 2022-2027 by Kanika Sharma

Global Hydraulic Fracturing Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Hydraulic Fracturing Market Outlook 2022-2027: The latest report by IMARC Group, titled "Hydraulic Fracturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," finds that the global hydraulic fracturing market size reached US$ 41.3 Billion in 2021. Hydraulic fracturing, also known as fracking, is a well-drilling technique employed to extract petroleum (oil) or natural gas trapped deep underground in sedimentary rock formations. It involves creating new fractures or cracks in low-permeability rocks by injecting water, chemicals, and sand at high pressure into oil- or gas-bearing rock formations of the well to enhance the oil and gas flow. It can also increase the size, extent, and connectivity of existing fractures and help improve access to unconventional oil and gas reserves and minimize pollution particles in the air. Over the years, hydraulic fracturing has gained immense popularity as a well-stimulation method in the oil and gas industry. Request for a PDF sample of this report: https://www.imarcgroup.com/hydraulic-fracturing-market/requestsample

Report Description and Highlights

Report Description

Global Hydraulic Fracturing Market Drivers/Constraints: The rising oil and gas exploration and production (E&P) activities across the globe represent the primary factor driving the market growth. Besides this, the escalating demand for energy from various sectors, such as power generation, transportation, and residential, is another major growth-inducing factor. Additionally, with the depleting conventional resources, there has been a significant shift toward developing unconventional reserves, including shale gas, tight oil, and coal bed methane (CBM). Along with this, the growing usage of hydraulic fracturing in exploring highly impermeable shale reservoirs, expanding producing well base, and optimizing oil production has catalyzed the product demand. Furthermore, several advancements in hydraulic fracturing techniques, such as the introduction of foam-based and waterless fracking technologies, have propelled the market growth. Other factors, including the surging investments in new onshore and offshore projects, increasing welldrilling activities, favorable government initiatives, redevelopment of matured oil fields, and technological advancements, are also creating a positive market outlook. Looking forward, the market value is expected to reach US$ 61.5 Billion by 2027, growing at a CAGR of 6.48% during the forecast period (2022-2027). View Report TOC, Figures and Tables: https://www.imarcgroup.com/hydraulic-fracturing-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Well Type: •Horizontal •Vertical

Breakup by Fluid Type: •Slick Water-based Fluid •Foam-based Fluid •Gelled Oil-based Fluid •Others

Report Description and Highlights

Report Description Breakup by Technology: •Plug and Perf •Sliding Sleeve

Breakup by Application: •Shale Gas •Tight Oil •Tight Gas

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=4829&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • •

Afg Holdings Inc. Archer Limited Baker Hughes Company Basic Energy Services Inc. Calfrac Well Services Ltd. Fts International Inc. Halliburton Company Legend Energy Services Liberty Oilfield Services Inc. Nextier Oilfield Solutions Inc. Nine Energy Services Patterson-Uti Energy Inc.

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report: •How has the global hydraulic fracturing market performed so far and how will it perform in the coming years? •What has been the impact of COVID-19 on the global hydraulic fracturing market? •What are the key regional markets? •What is the breakup of the market based on the well type? •What is the breakup of the market based on the fluid type? •What is the breakup of the market based on the technology? •What is the breakup of the market based on the application? •What are the various stages in the value chain of the industry? •What are the key driving factors and challenges in the industry? •What is the structure of the global hydraulic fracturing market and who are the key players? •What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Hydraulic Fracturing Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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Report Description and Highlights

Report Description

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