Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1451447
PUBLISHER: IMARC | PRODUCT CODE: 1451447
Hydraulic Fracturing Market Report by Well Type, Fluid Type, Technology, Application, and Region 2024-2032
PUBLISHED:
PAGES: 141 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global hydraulic fracturing market size reached US$ 47.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 77.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.53% during 2024-2032.
Hydraulic fracturing, or fracking, refers to an oil and gas well drilling process used for extracting petroleum or natural gas and creating new fractures in low-permeability rocks, such as sandstone, shale and coal, for enhancing the oil and gas flow. It involves injecting high-pressure water, sand and chemicals into the bedrock formation of the well. Hydraulic fracturing commonly utilizes plug and perf and sliding sleeve technologies that involves the stimulation of wells with cemented liners and shutting off of flow from one or more reservoir zones to regulate pressure between the extraction zones. The wells are drilled in horizontal and directional sections using proppants, such as sand, ceramic pellets and small incompressible particles. Hydraulic fracturing aids in improving the access to oil and gas resources and minimizing the amount of pollution particles in the air.
Hydraulic Fracturing Market Trends:
A significant increase in the onshore and offshore oil and gas exploration activities is one of the key factors driving the market growth. Hydraulic fracturing is widely used for the redevelopment of oil fields, well base expansion and exploring new offshore projects for the extraction of natural gas and crude oil. Moreover, the rising demand for energy across both developed and emerging nations is providing a thrust to the market growth. Hydraulic fracturing is widely utilized for the exploration of highly impermeable shale reservoirs and optimization of oil production. In line with this, the increasing adoption of plug and perf technology for vertical and horizontal wells is also contributing to the growth of the market. Additionally, the development of foam-based and waterless fracking technologies is acting as another growth-inducing factor. Foam offers high viscosity and low liquid content that aids in minimizing water utilization and reducing the impact on the environment. Other factors, including the development of cost-effective fine mesh frac sand, along with the implementation of favorable policies regarding sustainable development, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydraulic fracturing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on well type, fluid type, technology and application.
Breakup by Well Type:
Horizontal
Vertical
Breakup by Fluid Type:
Slick Water-based Fluid
Foam-based Fluid
Gelled Oil-based Fluid
Others
Breakup by Technology:
Plug and Perf
Sliding Sleeve
Breakup by Application:
Shale Gas
Tight Oil
Tight Gas
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Afg Holdings Inc., Archer Limited, Baker Hughes Company, Basic Energy Services Inc., Calfrac Well Services Ltd., Fts International Inc., Halliburton Energy Services Inc., Legend Energy Services, Liberty Oilfield Services LLC., Nextier Oilfield Solutions Inc., Nine Energy Service and Patterson-Uti Energy Inc.
Key Questions Answered in This Report
- 1. What was the size of the global hydraulic fracturing market in 2023?
- 2. What is the expected growth rate of the global hydraulic fracturing market during 2024-2032?
- 3. What are the key factors driving the global hydraulic fracturing market?
- 4. What has been the impact of COVID-19 on the global hydraulic fracturing market?
- 5. What is the breakup of the global hydraulic fracturing market based on the well type?
- 6. What is the breakup of the global hydraulic fracturing market based on the fluid type?
- 7. What is the breakup of the global hydraulic fracturing market based on the technology?
- 8. What is the breakup of the global hydraulic fracturing market based on the application?
- 9. What are the key regions in the global hydraulic fracturing market?
- 10. Who are the key players/companies in the global hydraulic fracturing market?
Product Code: SR112024A4829
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hydraulic Fracturing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Well Type
- 6.1 Horizontal
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Vertical
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Fluid Type
- 7.1 Slick Water-based Fluid
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Foam-based Fluid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Gelled Oil-based Fluid
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Plug and Perf
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Sliding Sleeve
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Shale Gas
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Tight Oil
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Tight Gas
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Afg Holdings Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Archer Limited
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 Baker Hughes Company
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Basic Energy Services Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Calfrac Well Services Ltd.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Fts International Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Halliburton Energy Services Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Legend Energy Services
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Liberty Oilfield Services LLC.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Nextier Oilfield Solutions Inc.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Nine Energy Service
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Patterson-Uti Energy Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Afg Holdings Inc.
Product Code: SR112024A4829
List of Figures
- Figure 1: Global: Hydraulic Fracturing Market: Major Drivers and Challenges
- Figure 2: Global: Hydraulic Fracturing Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Hydraulic Fracturing Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Hydraulic Fracturing Market: Breakup by Well Type (in %), 2023
- Figure 5: Global: Hydraulic Fracturing Market: Breakup by Fluid Type (in %), 2023
- Figure 6: Global: Hydraulic Fracturing Market: Breakup by Technology (in %), 2023
- Figure 7: Global: Hydraulic Fracturing Market: Breakup by Application (in %), 2023
- Figure 8: Global: Hydraulic Fracturing Market: Breakup by Region (in %), 2023
- Figure 9: Global: Hydraulic Fracturing (Horizontal) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Hydraulic Fracturing (Horizontal) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Hydraulic Fracturing (Vertical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Hydraulic Fracturing (Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Hydraulic Fracturing (Slick Water-based Fluid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Hydraulic Fracturing (Slick Water-based Fluid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Hydraulic Fracturing (Foam-based Fluid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Hydraulic Fracturing (Foam-based Fluid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Hydraulic Fracturing (Gelled Oil-based Fluid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Hydraulic Fracturing (Gelled Oil-based Fluid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Hydraulic Fracturing (Other Fluid Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Hydraulic Fracturing (Other Fluid Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Hydraulic Fracturing (Plug and Perf) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Hydraulic Fracturing (Plug and Perf) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Hydraulic Fracturing (Sliding Sleeve) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Hydraulic Fracturing (Sliding Sleeve) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Hydraulic Fracturing (Shale Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Hydraulic Fracturing (Shale Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Hydraulic Fracturing (Tight Oil) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Hydraulic Fracturing (Tight Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Hydraulic Fracturing (Tight Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Hydraulic Fracturing (Tight Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: North America: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: North America: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: United States: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: United States: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Canada: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Canada: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Asia-Pacific: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Asia-Pacific: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: China: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: China: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Japan: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Japan: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: India: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: India: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: South Korea: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: South Korea: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Australia: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Australia: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Indonesia: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Indonesia: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Others: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Others: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Europe: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Europe: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Germany: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Germany: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: France: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: France: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: United Kingdom: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: United Kingdom: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Italy: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Italy: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Spain: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Spain: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Russia: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Russia: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Others: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Others: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Latin America: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Latin America: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Brazil: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Brazil: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Mexico: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Mexico: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Others: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Others: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Middle East and Africa: Hydraulic Fracturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Middle East and Africa: Hydraulic Fracturing Market: Breakup by Country (in %), 2023
- Figure 79: Middle East and Africa: Hydraulic Fracturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Global: Hydraulic Fracturing Industry: SWOT Analysis
- Figure 81: Global: Hydraulic Fracturing Industry: Value Chain Analysis
- Figure 82: Global: Hydraulic Fracturing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Hydraulic Fracturing Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Hydraulic Fracturing Market Forecast: Breakup by Well Type (in Million US$), 2024-2032
- Table 3: Global: Hydraulic Fracturing Market Forecast: Breakup by Fluid Type (in Million US$), 2024-2032
- Table 4: Global: Hydraulic Fracturing Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 5: Global: Hydraulic Fracturing Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 6: Global: Hydraulic Fracturing Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Hydraulic Fracturing Market: Competitive Structure
- Table 8: Global: Hydraulic Fracturing Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.