Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is expected to reach US$66.06 bn by 2022, expanding at a CAGR of 6.12% in the period from 2014 to ... Read more
Pune, India, May, 2018 /MRFR Press Release/- Market research future published research report on Global Hydraulic Fracturing Market. The Hydraulic Fracturing Market is expected to grow over the CAGR of around 11% during the period 2018 to 2022.
Market Highlights
One of the key drivers for the growth of hydraulic fracturing market is the increased demand for extraction of oil and natural gas which requires hydraulic fracturing
The demand for hydraulic fracturing market is expected to be driven by the rapid increase in the rate of production and it provides access to strategy of shifting energy through natural gas and energy security by domestic supply. The increase in demand of energy and the increase in inclination towards production and exploration of non-conventional sources of energy such as shale gas and tight oil among others is expected to further drive the ... Read more
Hydraulic fracturing is modern technology, in which fluids are pumped into the oil wells at the injection rate which is so high that the formation of the oil reservoir breaks down. The fluids injected in the reservoirs conventionally include water sand and chemicals. With advancements in technology, recently the drilling companies are implementing hydraulic fracturing along with horizontal drilling to allow the drilling of multiple wells from the ... Read more
Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is expected to reach US$66.06 bn by 2022, expanding at a CAGR of 6.12% in the period from 2014 to ... Read more
Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is expected to reach US$66.06 bn by 2022, expanding at a CAGR of 6.12% in the period from 2014 to ... Read more
The process of hydraulic well fracturing (or ‘fracking’) essentially includes fracturing the rock or creating enough pressure to induce cracking the rock layer and is used after the hole has been drilled. This is necessary in order to create pathways and facilitate the movement of natural gas and oil through the rock to the oil well and is helpful in augmenting volumes of recovery of fluids. This is one of the most popular ... Read more
Hydraulic fracturing is a technique that has been commercially in use since the last few decades for the extraction of crude oil and natural gas. The process of hydraulic fracturing mainly consists of injection of water along with the propping agents and chemical additives at a very high pressure and temperature to create and open a network of fractures to enhance the rock permeability. Initially, the fracturing fluid is injected into the formation at a high pressure of approximately 600 ... Read more
Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is ... Read more
Hydraulic fracturing is a technique that has been commercially in use since the last few decades for the extraction of crude oil and natural gas. The process of hydraulic fracturing mainly consists of injection of water along with the propping agents and chemical additives at a very high pressure and temperature to create and open a network of fractures to enhance the rock permeability. Initially, the fracturing fluid is injected into the formation at a high pressure of approximately 600 ... Read more
The global hydraulic fracturing market is anticipated to garner a CAGR of 14% during the forecast period (2018-2023), Market Research Future (MRFR) unveils in a detailed report. Hydraulic fracturing is a technique extensively used to extract natural gas and crude oil. In this process, injection of water, chemical additives, and propping agents are allowed at high temperature and pressure, which boost the permeability of the rock.
The global hydraulic fracturing market is anticipated to garner a CAGR of 14% during the forecast period (2018-2023), Market Research Future (MRFR) unveils in a detailed report. Hydraulic fracturing is a technique extensively used to extract natural gas and crude oil. In this process, injection of water, chemical additives, and propping agents are allowed at high temperature and pressure, which boost the permeability of ... Read more
Hydraulic fracturing is used for extraction of unconventional resources. With the rising demand for pressure pumping, the hydraulic fracturing market is expected to witness a boom in the years to come. According to Market Research Future (MRFR)’s analysis, the global hydraulic fracturing market is anticipated to mark 14% CAGR across the forecast period 2018 to 2023.
Increasing investments in the exploration of unconventional resources such as ... Read more
