Pressure Pumping Market Size, Statistics, Trend Analysis and Forecast Report, 2021 - 2028

Pressure Pumping Market is segmented by Type (Vapor Chamber, Variable Conductance, Diode, Thermosyphon and Others), End User (Automotive, Aerospace & Defense, Food and beverage, Energy & power), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD2625
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  • Pages : 180
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  • Tables : 60
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  • Formats :

Pressure Pumping Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.

Pressure Pumping Market Growth and Trends

The global pressure pumping market held a market value of US$ 83.65 billion in 2019 and is expected to grow at a CAGR of 4.1% to a projected market value of US$ 78.17 billion by 2025. The growing industrialization is the major driving factor behind the growth of the pressure pumping market.

The rising globalization has resulted in emerging economies with higher disposable incomes. The increasing need for power, energy, and fuel has significantly elevated owing to the escalating urbanization and industrialization. The dwindling resources as a result of the rising population and over-usage issues have increased the need for propagating resources from the less permeable sources. The rising need for the exploration and production activities in obtaining non-conventional shale gas has propelled the demand for pressure pumping. The growing concern of facing difficulties in oil and gas extraction in several maturing reservoirs is fueling the growth of the pressure pumping market.

The recent surge in the number of recoverable explorations for resources is a major contributing factor to the pressure pumping market. The increasing inefficiency in the oil drilling activities have caught the attention of heavy investments from major oil and gas companies with strategic marketing and is likely to bolster the market growth for the pressure pumping market. The rising trend of utilizing non-conventional resources is expected to drive the pressure pumping market forward. Several Governments have undertaken efforts to diminish their oil import dependence by boosting indigenous oil production. This is a vital upthrust to the market growth of the pressure pumping market.

The hydraulic fracturing segment holds the largest market share in 2020 and is expected to hold the largest market share by 2025 on accounts of expanding numbers of shale basins and the growing demand for natural gases. The hydraulic fracturing segment accounted for about 76.7% of the global revenue in the year 2016. The cementing segment is the second largest contributor towards the market share by 2025 and accounted for about 14% of the global revenue in 2016. The horizontal well type took most of the pressure pumping market with 82.4% of the global value in 2016. The demand for the vertical wells globally was at a value of US$ 5.9 billion in 2016 and is forecasted to grow at a CAGR of 3.6% by 2025.

Pressure Pumping Industry Regional Analysis

Pressure Pumping Market Research Report Scope/Definition
Pressure Pumping Market Share and Competition Key companies operating in this industry are: China Oilfield Services Ltd., Baker Hughes Incorporated, Weatherford International Limited, Schlumberger Limited, Premier Pressure Pumping, and Halliburton Company.

Pressure Pumping Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Hydraulic Fracturing
• Cementing
• Others

Well Type Analysis (Revenue, USD Million, 2021 - 2028)
• Horizontal
• Vertical
• Directional

Region Analasis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Pressure Pumping Industry Companies
• China Oilfield Services Ltd.,
• Baker Hughes Incorporated,
• Weatherford International Limited,
• Schlumberger Limited,
• Premier Pressure Pumping,
• Halliburton Company.

Available Versions of Pressure Pumping Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report

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