The global Shale Gas Hydraulic Fracturing market was valued at US$ 11890 million in 2020 and it is expected to reach US$ 19030 million by the end of 2027, growing at a CAGR of 7.0% during 2021-2027.
Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world
Hydraulic fracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of ‘fracking fluid’ (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely.
Global core shale gas hydraulic fracturing manufacturers include Halliburton, Schlumberger, Baker Hughes etc.The top 5 companies hold a share about 50%. North America is the largest market, with a share about 30%, followed by Europe and China with the share about 16% and 15%.
Global Shale Gas Hydraulic Fracturing Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Shale Gas Hydraulic Fracturing Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Halliburton, Schlumberger, Baker Hughes, BJ Energy Solutions, Stewart & Stevenson, Jereh, Sinopec Oilfield Equipment Corporation, Baoji Oilfield Machinery Co., Ltd., Sany, Honghua Group, TotalEnergies and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Traditional Fracturing
- Electric-drive Fracturing
- Turbine Fracturing
Segment by Application
- Shale Gas Drilling and Completion Phase
- Conventional Oil and Gas Well Stimulation Phase
Table of Content:
1 Shale Gas Hydraulic Fracturing Market Overview
2 Shale Gas Hydraulic Fracturing Market Competition by Manufacturers
3 Shale Gas Hydraulic Fracturing Retrospective Market Scenario by Region
4 Global Shale Gas Hydraulic Fracturing Historic Market Analysis by Type
5 Global Shale Gas Hydraulic Fracturing Historic Market Analysis by Application
6 Key Companies Profiled
7 Shale Gas Hydraulic Fracturing Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Shale Gas Hydraulic Fracturing Market Dynamics
10 Global Shale Gas Hydraulic Fracturing Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.