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Hydraulic Fracturing Market Trends, Companies, Driver, Segmentation, Forecast to 2024

New research report on Hydraulic Fracturing market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Hydraulic Fracturing market also includes an in-depth study of the industry's competitive scenario.

Increasing investment towards exploration and production of unconventional resources due to rising concern towards rapid depletion of conventional resources will drive the hydraulic fracturing market size during the forecast period. Growing petroleum demand, rapid infrastructure development and demographics will drive industry growth. Global hydrocarbon based liquid fuel demand for2015 was more than 92 mb/d.

Natural gas is expected to witness the considerable growth owing to wide applications across industries and power plants. Its environment friendly nature makes it preferable over other alternatives. Tight gas accounted for over 15% of global hydraulic fracturing market share in 2015. Horizontal fracturing demand is expected to witness substantial growth, owing to its ability to access natural gas surrounding the entire portion of horizontal drilled section.

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Hydraulic fracturing Market size is forecast to cross USD 68 billion by 2024, according to a new research report

Hydraulic Fracturing Market Trends, Companies, Driver, Segmentation, Forecast to 2024
Hydraulic Fracturing Market Trends, Companies, Driver, Segmentation, Forecast to 2024

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Positive outlook toward automobile and manufacturing sector may favor the crude oil demand in coming years. Canada hydraulic fracturing market size accounted for over 10% of regional revenue share in 2015. Increasing exploration and production of unconventional resources including shale gas coupled with availability of resources and advanced technology may favor growth.

Argentina hydraulic fracturing market size was valued at over USD 2 billion in 2015 and is expected to witness a handsome growth in future. Abundant availability of unconventional resources will propel the regional growth. Government has also introduced various initiatives or measures to encourage market dynamics and competition, facilitating entry of new players which will drive demand.

Plug and perforation hydraulic fracturing market size was valued at over USD 15 billion in 2015 and is expected to witness handsome growth in future. Ease of accessibility for fracking in horizontal wells will boost technology demand. Several restrictions in some countries owing to its adverse environmental impact including noise and visuals impact, seismic events, land surface disturbance etc. may hamper the business. High operational expenditures involved in development of shale gas is also among the major restraints.

Iran hydraulic fracturing market share is set to witness a substantial growth due to presence of unconventional reserves. In April 2016, (CEP) Center for Exploration and Production announced 158 billion barrels of proven oil reserves. Indonesia is set to exceed USD 300 million by 2024. The country holds decent shale reserves which could possibly be measure to 574 TCF.

Major Highlights from Table of contents are listed below for quick lookup into Hydraulic Fracturing Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Hydraulic Fracturing Market
  • Product trends
  • Application trends

Chapter 3. Hydraulic Fracturing Industry Insights

  • Hydraulic Fracturing Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Hydraulic Fracturing industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Hydraulic Fracturing Market Technology & innovation landscape
  • Industry impact forces
  • Hydraulic Fracturing Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Hydraulic Fracturing Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Hydraulic Fracturing Market
  • SWOT Analysis

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