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.
Browse Complete Report at https://www.fortunebusinessinsights.com/industry-reports/hydraulic-fracturing-market-100419
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
Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hydraulic-fracturing-market-100419
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