Global Pressure Pumping Market 2020 Industry research report provides an In-Depth analysis that includes an executive summary, definition, and scope of the market.
Pressure Pumping Market
Synopsis:
pressure pumping is a method
used to extracts minerals and other resources from low permeability reservoirs.
The method is gaining popularity and is anticipated to gain traction in the
coming years. Market Research Future (MRFR)' study states that the global
pressure pumping market is set to strike 9.57% CAGR across the assessment
period 2019 to 2025. The market is also estimated to exceed valuation of USD 78
Bn by 2025.
Competitive Dashboard:
Baker Hughes, a GE Company
(US), National Oilwell Varco (US), Weatherford International Inc. (US),
Schlumberger (US), Trican (Canada), Key Energy Services (US), RPC Inc. (US),
Sanjel Corporation (Canada), Calfrac Well Services Ltd. (Canada), Frac Tech
Services International (US), China Oilfield Services Ltd. (China),
Patterson-UTI Energy, Inc. (US), Saipem S.p.A. (Italy), and Superior Energy
Services (US) are some of the important players in the global pressure pumping
market.
Get Free Sample Copy of this Report at: https://www.marketresearchfuture.com/sample_request/1354
This method finds application
in the extraction of unconventional resources such as shale gas, tight oil
& gas, etc. Increasing exploration of these resources is expected to drive
the growth of the pressure pumping market over the next couple of years. In
addition, the depleting sources of natural resources have led to a rise in the
extraction of unconventional resources. It is anticipated to influence the
expansion of the pressure pumping market greatly in the years to come.
Increasing use of hydraulic
fracturing in the oil & gas industry is also prognosticated to anchor the
pressure umping market on its growth trajectory. Rising investments in advanced
methods of pressure pumping are projected to boost revenue creation for the
market players. On the other side, the implementation of strict regulations
regarding the method remains an impediment to the growth of the pressure
pumping market.
Market Segmentation:
The segments of the global
pressure pumping market, based on service type, are hydraulic fracturing,
cementing, and others. Among these, the hydraulic fracturing segment is
expected to lead the growth of the market. The extensive use of hydraulic
fracturing in extraction of unconventional minerals is anticipated to boost the
expansion of the segment in the years to come.
On the basis of resource
type, the global pressure pumping market has been divided
into conventional and unconventional. The unconventional segment is expected to
hold a larger market share due to rising demand for shale gas. It is projected
to dominate the market over the next couple of years.
By well type, the segmental
analysis of the global pressure pumping market covers - horizontal, vertical,
and directional. Among these, the horizontal segment is assessed to dictate the
growth pattern of the market over the next few years.
Intended Audience
The intended audience of the report on the global
pressure pumping market are:
- Pressure pumping contractors
- Pressure pumping suppliers
- Pressure pumping manufacturers
- Public and private companies
- Research and development companies
- Institutional investors
- Government and research organizations
Regional Analysis:
The geographical analysis of
the global pressure pumping market spans across five regions - North America,
Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and South
America.
These regions are narrowed
down to a country-level analysis for presenting a detailed insight. Among
these, North America is the most prominent regional segment. Rising exploration
activities of shale gas in the region is leading the growth of the pressure
pumping market. In addition, the availability of huge reserves of shale gas in
the region ensures an attractive future trajectory of the pressure pumping
market for the next couple of year. The U.S. is projected to hold a prominent
position in the regional market. in addition, the nation's offshore drilling
activities in the Gulf of Mexico is poised to catalyze market growth in the
nearby future.
Get Complete Global Pressure Pumping Market Research
Report at: https://www.marketresearchfuture.com/reports/pressure-pumping-market-1354
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to
provide the optimum quality market research and intelligence services to our
clients. Our market research studies by Components, Application, Logistics and
market players for global, regional, and country level market segments, enable
our clients to see more, know more, and do more, which help to answer all their
most important questions.
Related Searches:
https://issuu.com/marketresearchfuture18/docs/usa_hvac_motors_market_n
https://view.joomag.com/usa-hvac-motors-market/0912034001598861351
https://issuu.com/marketresearchfuture18/docs/power_rental_market_n
https://view.joomag.com/power-rental-market/0404834001598861562
No comments:
Post a Comment