Energy and Power

Global Pressure Pumping Market in Oil and Gas Industry 2015-2019

  • TEC170919
  • 80 Pages
  • January 2015
  • Energy and Power
About Pressure Pumping
Pressure pumping services increase access to the proven reserves, improve the asset value, ROI, and reservoir yield and integrity. They are generally used in maturing reservoirs or places where oil extraction conditions are challenging. The ever-increasing demand for oil and gas has led to a shift toward EOR. This has led to increased activities in unconventional gas plays, which utilize advanced techniques to enhance the reservoir recovery. Hence, pressure pumping has been gaining traction in the market due to increased process complexity of oil and gas exploration.

TechNavio's analysts forecast the Global Pressure Pumping market in Oil and Gas industry to grow at a CAGR of 14.6 percent over the period 2014-2019.

Covered in this Report
The Global Pressure Pumping market in Oil and Gas industry can be divided into three segments based on applications: Hydraulic Fracturing, Cementing, and Others.
TechNavio's report, Global Pressure Pumping Market in Oil and Gas Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Pressure Pumping market landscape in the Oil and Gas industry and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
Americas
APAC
EMEA

Key Vendors
Baker Hughes
Halliburton
National Oil Varco
Schlumberger
Weatherford International

Other Prominent Vendors
Calfrac Well Services
Frac Tech Services
Sanjel
Trican

Market Driver
Increase in Global Oil and Gas Demand
For a full, detailed list, view our report

Market Challenge
Shortfall in Oil Companies' Revenue Generation
For a full, detailed list, view our report

Market Trend
Emergence of Intelligent Pump Systems
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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