The latest market report published by Acute Market Reports, Inc. “Hydraulic Fracturing Market, By Technology, By Application, By Materials and By Geography- Growth, Future Prospects and Competitive Analysis, 2016 – 2023,” the global hydraulic fracturing market was valued at US$ 47.7 Bn in 2015, and is expected to reach US$ 102.1 Mn by 2023, expanding at a CAGR of 9.9% from 2016 to 2023.
Browse the full Hydraulic Fracturing Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2023 report at https://www.acutemarketreports.com/report/hydraulic-fracturing-market
Global hydraulic fracturing market is projected to witness enormous with increasing energy demand along with growing inclination towards exploration and production of non-conventional resources such as shale gas, tight oil, and coal bed methane. Further, favorable regulatory policies of U.S. and Chinese government is expected to encourage the exploration and production activities of non-conventional resources which in turn is anticipated to drive the demand for hydraulic fracturing during the forecast period. However, public oppositions, bans, water scarcity and moratoriums on hydraulic fracturing technology in few regions such as Germany, Bulgaria, France, South Africa, and Tunasia are the factors anticipated to restrain the growth of hydraulic fracturing market.
North America is projected to be the most dominant market in global hydraulic fracturing market due to growing exploration and production of non- conventional resources such as shale gas, tight oil and coal bed methane in the region which in turn is expected to drive the demand of hydraulic fracturing in the region. Growing exploration and favorable regulatory support in China, Russia and other countries of Eastern Europe is expected to witness significant rise in exploration and production of non-conventional shale gas and tight oil which in turn is expected to augment the growth of hydraulic fracturing market over the forecast period (2016-2023).
By technology, Plug and Perf technology was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. Increasing exploration and production of shale gas, tight oil and coal bed methane particularly in U.S. is anticipated to drive the growth of the segment during the forecast period (2016-2023).
By Materials, proppants segment was observed to be the most dominant segment in 2015 in hydraulic fracturing market and expected to maintain its dominance during the forecast period. Growing popularity of ceramic proppants is anticipated to drive the growth of the segment during the forecast period (2016-2023).
By Application, non-conventional segment was the largest segment in 2015 and anticipated to maintain its dominance during the forecast period. Growing inclination to exploration non-conventional resources such as shale gas, tight oil and coal bed methane is anticipated to drive the growth of the segment during the forecast period (2016-2023).
Considering the competition, the global hydraulic fracturing market is expected to witness a significant rise in strategic mergers and collaborations among hydraulic fracturing vendors. Such growth strategies are focused at augmenting their product portfolio or increase their market penetration
Download Free PDF Sample Request: https://www.acutemarketreports.com/sample-request/58301
Table of Content
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Hydraulic fracturing Market Snapshot
2.1.1. Global Hydraulic fracturing Market by Technology, 2015
2.1.2. Global Hydraulic fracturing Market by Materials, 2015
2.1.3. Global Hydraulic fracturing Market by Application, 2015
2.1.4. Global Hydraulic fracturing Market by Geography, 2016
2.1.5. Market Drivers, Challenges and Trends
3. Global Hydraulic fracturing Market Dynamics
4. Global Hydraulic fracturing Market Size, By Technology, 2013 -2023
4.1.1. Market Share Analysis by Technology, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Technology
4.2. Plug and Perf
4.3. Sliding Sleeves
5. Global Hydraulic fracturing Market Size, By Materials, 2013 -2023
5.1.1. Market Share Analysis by Materials, 2015 vs. 2023
5.1.2. Attractive Investment Proportion by Materials
5.3. Others (Nitrogen Gas & Pressurized Foams and Guar mix)
6. Global Hydraulic fracturing Market Size, By Application, 2013 – 2023
6.1.1. Market Share Analysis by Application, 2015 vs. 2023
6.1.2. Attractive Investment Proportion by Application
7. Global Hydraulic fracturing Market Size, By Geography, 2013 – 2023
8. Company Profiles
8.1. Competitive Dashboard
8.2. Key Players
8.2.1. Baker Hughes Incorporated
18.104.22.168. Business Description
22.214.171.124. Financial Information
126.96.36.199. Product Positions/Portfolio
188.8.131.52. Key Developments
184.108.40.206. SWOT Analysis
8.2.2. Calfrac Well Services Ltd.
8.2.3. Fts International
8.2.5. Schlumberger Limited
8.2.6. Nabors Industries Ltd
8.2.7. Weatherford International
8.2.8. United Oilfield Services
8.2.9. Cudd Energy Services
8.2.10. Trican Well Services Ltd
8.2.11. Other Notable Players
Do Inquiry before buying for research report: https://www.acutemarketreports.com/inquiry-before-buying/58301
Research methodology applied for this study:
Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Hydraulic Fracturing market specific to key segments, and regional segmentation.
a. Secondary Research
Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Hydraulic Fracturing market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Hydraulic Fracturing market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Hydraulic Fracturing market study.
b. Primary Research
The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.
The participants tracked for primary interviews include:
• Marketing/product managers
• Vice President/ CEOs
• National sales managers
• Market intelligence managers
• Purchasing managers
• Other stakeholders