Global Hydraulic Fracturing Market Outlook

Hydraulic fracturing is a method of injecting thousands of gallons of water, chemicals and sand into horizontally drilled wells of natural gas, crude oil and other fuels. Natural gas is the most dependent sector. The high-pressured mixture cracks the rocks, enabling the fuel to flow upwards. The chemicals used are mainly responsible for dissolving minerals, as Biocide, corrosion inhibition, pH adjustment and clay stabilization. A wide range of chemicals is involved in the above functions explains the impact of Chemical industry on Hydraulic Fracturing Market. The market value of hydraulic fracturing was found to be US$XX Billion in 2015 and is expected to reach US$ XX Billion by 2022, at a CAGR of XX% during the forecast period.

Market dynamics:

The Hydraulic fracturing market is not recent, as projected by the media and dates back to 1940s when it first came into the picture. Also, the scale at which the technique is applied is comparable to its use in the 70s. Although various factors such as enhanced offshore exploration of Natural Gas reserves, a huge Asian market for LNG and the U.S Shell boom in the last decade have enormously increased the size of the market. In fact, Hydraulic Fracturing is inevitable to harness Shell Gas. Technological advancements in LNG infrastructure and micro seismic monitoring have made hydraulic cracking safer and more efficient. Not only the global petroleum demands, but shifting focus towards developing unconventional oil & gas blocks globally is anticipated to drive the market growth.

Market Segmentation:

The market can be segmented on the basis of well type (Horizontal and Vertical), application (Crude Oil, Tight Gas, Shale gas, tight oil, Natural Gas, Non-conventional) and technology (Plug and perforation, Sliding Sleeve). On the basis of technology, plug and perforation was the largest segment. By application, recently, the non-conventional fragment has taken the lead. In the materials sector, that mainly involves chemicals used, proppants formed the largest segment.

Geographical Analysis:

Favorable regulatory policies of U.S. and Chinese governments are expected to encourage the exploration and production activities of non-conventional resources which in turn is anticipated to drive the demand for hydraulic fracturing. North America is the most dominant market in global hydraulic fracturing market due to growing exploration and production of non-conventional resources such as shale gas, tight oil and coal bed methane in the region. China, Russia and other countries of Eastern Europe are expected to witness a significant rise in exploration and production of non-conventional shale gas and tight oil, creating a potential for the hydraulic fracturing. However, due to environmental and sociological reasons such as water scarcity, public oppositions and bans, the growth of hydraulic fracturing technology has been restrained in countries like Germany, Bulgaria, France, South Africa, and Tunisia.

Key players in Hydraulic fracturing market are American companies like Schlumberger, ConocoPhillips Co., ExxonMobil Corp., and Chevron Corp.- to name a few.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage