Global Shale Gas Hydraulic Fracturing Market Growth 2023-2029
Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world
Hydraulic fracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of 'fracking fluid' (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely.
LPI (LP Information)' newest research report, the “Shale Gas Hydraulic Fracturing Industry Forecast” looks at past sales and reviews total world Shale Gas Hydraulic Fracturing sales in 2022, providing a comprehensive analysis by region and market sector of projected Shale Gas Hydraulic Fracturing sales for 2023 through 2029. With Shale Gas Hydraulic Fracturing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shale Gas Hydraulic Fracturing industry.
This Insight Report provides a comprehensive analysis of the global Shale Gas Hydraulic Fracturing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shale Gas Hydraulic Fracturing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shale Gas Hydraulic Fracturing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shale Gas Hydraulic Fracturing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shale Gas Hydraulic Fracturing.
The global Shale Gas Hydraulic Fracturing market size is projected to grow from US$ 12430 million in 2022 to US$ 20310 million in 2029; it is expected to grow at a CAGR of 20310 from 2023 to 2029.
Global core shale gas hydraulic fracturing manufacturers include Halliburton, Schlumberger, Baker Hughes etc.The top 5 companies hold a share about 50%. North America is the largest market, with a share about 30%, followed by Europe and China with the share about 16% and 15%.
This report presents a comprehensive overview, market shares, and growth opportunities of Shale Gas Hydraulic Fracturing market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional Fracturing
Electric-drive Fracturing
Turbine Fracturing
Others
Segmentation by application
Shale Gas Drilling and Completion Phase
Conventional Oil and Gas Well Stimulation Phase
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Halliburton
Schlumberger
Baker Hughes
BJ Energy Solutions
Stewart & Stevenson
Jereh
Sinopec Oilfield Equipment Corporation
Baoji Oilfield Machinery Co., Ltd.
SANY
Honghua Group
TotalEnergies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shale Gas Hydraulic Fracturing market?
What factors are driving Shale Gas Hydraulic Fracturing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shale Gas Hydraulic Fracturing market opportunities vary by end market size?
How does Shale Gas Hydraulic Fracturing break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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