Global Hydraulic Fracturing Market – Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2022
Market Highlights The demand for hydraulic fracturing market is expected to be driven by the rapid increase in the rate of production and it provides access to strategy of shifting energy through natural gas and energy security by domestic supply. The increase in demand of energy and the increase in inclination towards production and exploration of non-conventional sources of energy such as shale gas and tight oil among others is expected to further drive the growth of the market. Favorable government rules and regulations and the increased government expenditure for promoting the extraction of natural resources is further expected to drive the growth of the market.
Key Players The key players of hydraulic fracturing market are Halliburton Company (U.S.), Schlumberger Limited (France), Weatherford International (U.S.), United Oilfield Services, Inc. (U.S.), Cudd Energy Services (Texas), Calfrac Well Services Ltd. (U.S.), Trican Well Services Ltd (U.S.), Tacrom Services S.R.L (Romania) and Superior Well Services, Inc. (U.S.) and others. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2532 Market Research Analysis Among all technologies, plug and perforation is the most commonly used for the extraction of crude oil and natural gas. It is used in cased hole wells and is flexible in nature. Plug and perforation technique majorly helps in achieving high production rate. It is mainly used for shale oil and shale gas completions. It has the ability to be reworked in case of any problem or when production process pauses. The ease of accessibility provided by such technology for fracking in horizontal wells, make it a favorable technology than alternatives such as sliding sleeve and others. Regional Analysis North America region is expected to dominate the hydraulic fracturing market during the forecast period, owing to factors such as the increase in exploration of unconventional natural resources and the availability of resources such as skilled manpower. Asia-Pacific region is also expected to grow owing to the availability of natural resources in the region in abundance. The increased concept of digging wells in the rural areas of the region is also contributing to the growth of the market in the region.
Intended Audience Distributer & Supplier companies End Users consultants and Investment bankers Government as well as Independent Regulatory Authorities Get Complete Report @ https://www.marketresearchfuture.com/reports/hydraulic-fracturingmarket-2532 Table of Content 1 Executive Summary 2 Research Methodology 2.1 Scope Of The Study 2.1.1 Definition 2.1.2 Research Objective 2.1.3 Assumptions 2.1.4 Limitations 2.2 Research Process 2.2.1 Primary Research 2.2.2 Secondary Research 2.3 Market Size Estimation 2.4 Forecast Model 3 Market Dynamics 3.1 Market Drivers 3.2 Market Inhibitors 3.3 Supply/Value Chain Analysis 3.4 Porter’s Five Forces Analysis 4 Global Hydraulic Fracturing Market, By Well Type 4.1 Introduction 4.2 Horizontal 4.3 Vertical 5 Global Hydraulic Fracturing Market, By Technology
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