Report Code: A12075 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hydraulic Fracturing Market
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Hydraulic fracturing is a technology in which the fluids are pumped into the well at a high injection level to breakdown the oil reservoirs. The fluid includes water, chemicals and sand. In oil and gas production, it is generally used to enhance the production of oil and gases reservoirs to keep the well sticky and also fracturing fluids are used in this technique to create a fracture of good width. This technique is also known as fracking. It is used to generate oil and gas from well. Fracking technique is provided by many oils and natural gas companies. It is also used in many applications such as crude oil, tight oil, shale oil etc.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  Well Type, Technology, Application and Region |
 Regions Covered |  Europe, North America, Asia-Pacific, LAMEA. |
 Companies Covered | Schlumberger, Halliburton, Baker Hughes, Calfrac Well Services, FTS International, Nabors Industries Ltd., Tacrom Services SRL, Trican Well Services Limited, United Oilfield Services, Weatherford International Inc. and Patterson-UTI Energy Inc. |
COVID-19 Impact analysis
Top Impacting Factors
The rising demand for gas, oil and other petroleum products is driving the growth of hydraulic fracturing market. As the demand for advanced technology, equipment and tools increase, the demand for fracturing, completion and drilling will increase which will boost the hydraulic fracturing market growth. In many exploring activities, unconventional and conventional hydrocarbons reserve in many formations are projected, which will increase the growth of the industry. The cost reduction of oilfield services, fluctuating in the oil prices and increase in the production are the factors driving the growth of hydraulic fracturing market. The demand for oil and gas is increasing with the increase in production is driving the growth hydraulic fracturing market. The awareness regarding protection of environment in many developed and developing countries can restrain the growth of hydraulic fracturing market. The strict rules and regulations by the national government regarding the use of hydraulic fracturing can also restrain the market growth.
Market Trends
Key Segments Covered
Segment | Sub-segment |
 Well Type |
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 Technology |
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 Application |
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 Region |
o            China o            India o            Japan o            South Korea o            Rest of Asia-Pacific
o            United States o            Canada o            Mexico
o            Germany o            United Kingdom o            France o            Italy o            Rest of Europe
o            Brazil o            Argentina o            Rest of South America
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Key Benefits of the Report
Hydraulic Fracturing Market Report Highlights
Aspects | Details |
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By Well Type |
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By Technology |
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By Application |
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By Region |
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