Hydraulic Fracturing Market In APAC 2024-2028
The hydraulic fracturing market in APAC is forecasted to grow by USD 8.65 bn during 2023-2028, accelerating at a CAGR of 8.74% during the forecast period. The report on the hydraulic fracturing market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumption of natural gas, growth in E and P of unconventional oil and gas sources, and stringent regulatory policies for production of oil and gas.
Technavio's hydraulic fracturing market in APAC is segmented as below:
By Technology
- Plug and perf
- Sliding sleeve
By Type
This study identifies the shift in focus toward natural gas vehicles (NGVs) as one of the prime reasons driving the hydraulic fracturing market in APAC growth during the next few years. Also, rise in adoption of green fracking methods and increasing number of hydraulic fracturing product launches by market vendors will lead to sizable demand in the market.
The report on the hydraulic fracturing market in APAC covers the following areas:
- Hydraulic fracturing market in APAC sizing
- Hydraulic fracturing market in APAC forecast
- Hydraulic fracturing market in APAC industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydraulic fracturing market in APAC vendors that include Allison Transmission Holdings Inc., Avantech Engineering Consortium Pvt. Ltd., Baker Hughes Co., Gates Industrial Corp. Plc, Haimo Technologies Group Corp., Halliburton Co., Japan Petroleum Exploration Co. Ltd., National Energy Services Reunited Corp., Parveen Industries Pvt. Ltd., Schlumberger Ltd., TechnipFMC plc, Weatherford International Plc, and Vedanta Ltd. Also, the hydraulic fracturing market in APAC analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.