Hydraulic Fracturing Market 2019 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2026


The U.S. Energy Department states that nowadays, approximately 95% of newly drilled wells are hydraulically fractured. It accounts for almost half of the U.S. crude oil production and two-thirds of the total U.S. natural gas production. This information is present in a report by Fortune Business Insights, titled, “Hydraulic Fracturing Market Size, Share & Industry Analysis, By Well Type (Horizontal, and Vertical), By Technology (Plug & Perf, and Sliding Sleeve), and By Application (Onshore, and Offshore), Regional Forecast, 2019-2026.” According to the report, the global hydraulic fracturing market is projected to reach USD 71.72 Billion by 2026, thereby exhibiting a CAGR of 8.69% during the forecast period. However, the global market was valued at USD 37.23 Billion in 2018.


The report classifies and defines the global hydraulic fracturing market on the bases of well type, technology, geography, and application. It aids in identifying the tailwinds and headwinds for the global market. The report also strategically profiles the key market players and offers in-depth insights on the growth drivers, obstacles, opportunities, challenges, ongoing developments, and trends.

Fortune Business Insights profiles some of the prominent players operating in the global hydraulic fracturing market. They are:

                    Halliburton
                    Baker Hughes, a GE Company
                    Schlumberger
                    Weatherford
                    FTS International
                    BJ Services
                    Cudd Energy Services
                    ProPetro Holding Corp.
                    Calfrac Well Services
                    Liberty Oilfield Services
                    Trican Well Services Ltd.
                    Basic Energy Services
                    Superior Energy Services
                    RockPile Energy Services
                    US Well Services


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