Hydraulic Fracturing Market
Hydraulic Fracturing Market - Global Industry Assessment & Forecast
#
Pages:
144
2022
Jun - 2022
VMR-1645
Segments Covered
By
Technology Plug & Perf, Sliding Sleeve
-
By
Application Shale Gas, Tight Oil, Tight Gas
-
By
Well Type Horizontal Well, Vertical Well
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 35.38 Billion |
 Revenue 2030:
|
USD 61.72 Billion |
 Revenue CAGR
(2023 - 2030): |
7.20% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Hydraulic Fracturing Market by Technology by Application by Well Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Apart from the secondary research, we at Vantage Market Research, conduct exhaustive primary research to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- Hydraulic Fracturing supply-demand scenario in the global and regional markets
- Global and regional market size and segmental trends
- Revalidation of secondary research outcomes and findings
- Further market understandings and upcoming developments
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Hydraulic Fracturing market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and future market trends.
FAQ
Frequently Asked Question
What is the global demand for Hydraulic Fracturing in terms of revenue?
-
The global Hydraulic Fracturing valued at USD 35.38 Billion in 2022 and is expected to reach USD 61.72 Billion in 2030 growing at a CAGR of 7.20%.
Which are the prominent players in the market?
-
The prominent players in the market are Halliburton (US), Schlumberger (US), Baker Hughes (US), NexTier Oilfield Solutions (US), Calfrac Well Service (Canada), Trican Well Service (Canada), STEP Energy Services (Canada), Nine Energy Services (US), FTS International (US), U.S. Well Services (US), Petro Welt Technologies AG (Austria), AFG Holdings Inc (US), Liberty Oilfield Services (US), Patterson-UTI Energy Inc. (US), RPC Inc. (US), ProPetro Holding Corp. (US), National Energy Services Reunited Corp. (US), Tacrom Services SRL (Romania), Anton Oilfield Services Group (China), TAM International Inc. (US), Legend Energy Services (US), ProFrac (US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Hydraulic Fracturing include
- Increasing shale exploration and production activities globally
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Hydraulic Fracturing in 2022.
