Global Hydraulic Fracturing Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Global Hydraulic Fracturing Market Size, Market Share,

Application Analysis, Regional Outlook, Growth, Trends,

Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

Growing E&P activities for extracting hydrocarbons from unconventional reserves particularly shale

basins has been major factor driving global hydraulic fracturing market growth over the last few years.

Increasing demand for primary energy and fuel for transportation, household and power generation has

been responsible for growth in demand for oil & gas over the last few years. Oil & gas industry

participants have been witnessing declining production rates from conventional reserves.

This might create an imbalance in the demand supply chain. In order to cope up with the growing

demand for fossil fuels the E&P companies have shifted their focus to develop the unconventional oil &

gas reserves. This shift towards development of unconventional hydrocarbon reserves is expected to

boost the market growth.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Along with benefits, hydraulic fracturing has certain environmental and health risks associated with it.

The market growth may be restrained by stringent environmental regulations by organizations such as

REACH and EPA. Moratoriums by local organizations and bans on the use technology by regional

agencies of France, U.S., Bulgaria and Romania, may have a negative impact on the market growth over

the next few years. Development of shale basins in China and Russia coupled with increasing spending

on R&D for developing technologies which use less water for fracking is expected to provide future

opportunities for market players over the next six years.

Technological l Insights

Plug & Perf is the largest technology segment for...