Pressure Pumping Market Analysis

  • Report ID: 3609
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Pressure Pumping Market Analysis

The pressure pumping market is segmented by technology into hydraulic fracturing, cementing, and others, out of which, the hydraulic fracturing segment is anticipated to hold the largest share in the market over the forecast period on account of advantages of hydraulic fracturing, such as, access to more quantity of gas and oil, lower cost, and reduced water intensity. Hydraulic fracturing is the most commonly applied technology for oil production, which is estimated to boost the market growth.

Our in-depth analysis of the global market includes the following segments:

           Types

  • Hydraulic Fracturing
  • Cementing
  • Others

             Resources

  • Conventional
  • Unconventional

 

 

           Application

  • Shale Gas
  • Tight Gas
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3609
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand for oil and gas, along with increasing investment in the sector is estimated to boost the market growth.

The market is anticipated to attain a CAGR of ~3% over the forecast period, i.e., 2022 – 2030.

High investment, and growing adoption of green energy are estimated to hamper the market growth.

The market in the North America region is estimated to provide more growth opportunities over the forecast period, owing to the increasing production of oil and gas in the region.

The major players in the market are Schlumberger Limited, Trican Well Service Ltd., Patterson-UTI Energy Inc., Baker Hughes Company, Halliburton Company, RPC, Inc., FTS International, and others.
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