Pressure Pumping Segmentation
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:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of pressure pumping is assessed at USD 93.71 billion.
Pressure Pumping Market size was over USD 88.59 billion in 2024 and is projected to reach USD 208.36 billion by 2037, witnessing around 6.8% CAGR during the forecast period i.e., between 2025-2037.
Middle East and Africa industry is likely to account for largest revenue share by 2037, propelled by large oil reserves in the gulf countries, along with advancement in oil drilling technology.
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.
