Hydraulic Fracturing & Services Market Analysis By 2025: Schlumberger, Redox Tech, Keane Group, Halliburton Co

The global hydraulic fracturing market was estimated at USD 26.88 billion in 2017 and is witnessing a positive growth of more than 11.5% during the short-term period of 2019-2021. This growth will likely show a deceleration post-2022 owing to an expected supply surge which is shaping up in the global market.

The Study Paper on Top key vendors in Hydraulic Fracturing & Services Market includes are Halliburton Co, Baker Hughes Inc, FTS International Inc, Schlumberger, Superior Well Services, Cudd Energy Services, Canyon Services Group Inc, Trican Well Service, Calfrac Well Services, China National Petroleum Corporation, Weatherford International, United Oilfield Services, Redox Tech, TOPS Well Services, Keane Group

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The scope of the Report:

IMF predicts oil and gas exploration would likely suffer a blow during the period 2023-2027 owing to subtle policies being shaped up in oil and gas economic region and the current affair of geopolitics. Another factor that would see the decline in explorations in the future would be the strong growth of the renewable sector. Competitive pricing and efficiency-driven technologies in the renewable sector would likely see demand for oil and gas for electricity consumption decline significantly.

Demand for oil and gas from the automobile and the petrochemical sector would be at its peak during the period 2028-2030. However, an anticipated 1.6% decline in demand would continue moving forward from 2020 owing to environmental norms and efficiency models among the automobile industry

Hydraulic fracturing’s largest market in North America owing to its vast resources of shale gas deposit. However, estimates and prediction indicate that this market might shift courses in the African and the South American countries to avoid high exploration cost, long lead times and low-cost reserves which the mentioned regions are currently shaping their policies to offer.

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Drilling Fluid and Type

Friction reducer and Anti-Bacterial segments are likely going to show the highest growth rate in accordance to this market. The demand for this market is estimated by keeping proper leverage on the availability of the raw materials, its sourcing cost, exploration area & capacity and environmental norms.

Chemicals Insight

Specialty chemicals used in the hydraulic fracturing process are witnessing a surge in demand from since June 2016 owing to an increase in production activities post the disappointing year of 2015. Trading activities on Guar gum saw a significant increase in 2017 from the South East Asian market with significant exports to the U.S. and Canada. Europe export volume also showed optimistic recovery with respect to guar gum. Prices for this commodity witnessed a shortfall decrease, however, with plantation being aggravated in regions such as Pakistan and India, prices would reach a stable position by the end of 2018.

Competitive Insights

This market has high entry barriers owing to large capital cost. This market is also severely regulated owing to environmental concerns with components used in the drilling process. Mergers and acquisitions usually take place for technological synergies and not to increase regional presence.

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1. Technology Scenario (Revenue, USD Million; 2016–2025)

Plug & Perf, Sliding Sleeve

2. Drilling Fluid Scenario (Revenue, USD Million; 2016–2025)           

Acid, Corrosion Inhibitor, Iron Control, Anti-Bacterial Agent, Scale Inhibitor, Friction Reducer, Surfactant, Gelling Agent, Others

3. By Chemicals (Revenue, USD Million; 2016–2025)

HCL, Ammonium Chloride, Sodium Chloride, Magnesium Peroxide, Tetramethyl Ammonium Chloride, Formic Acid, Others

Key points from TOC

Global Hydraulic Fracturing & Services Sales Market Report 2018

1 Hydraulic Fracturing & Services Market Overview

2 Global Hydraulic Fracturing & Services Competition by Players/Suppliers, Type, and Application

3 The United States Hydraulic Fracturing & Services (Volume, Value and Sales Price)

4 China Hydraulic Fracturing & Services (Volume, Value and Sales Price)

5 Europe Hydraulic Fracturing & Services (Volume, Value and Sales Price)

6 Japan Hydraulic Fracturing & Services (Volume, Value and Sales Price)

7 Southeast Asia Hydraulic Fracturing & Services (Volume, Value and Sales Price)

8 India Hydraulic Fracturing & Services (Volume, Value and Sales Price)

9 Global Hydraulic Fracturing & Services Players/Suppliers Profiles and Sales Data

10 Hydraulic Fracturing & Services Manufacturing Cost Analysis

11 Industrial Chain, Sourcing Strategy and Downstream Buyers

12 Marketing Strategy Analysis, Distributors/Traders

13 Market Effect Factors Analysis

14 Global Hydraulic Fracturing & Services Market Forecast (2018-2025)

15 Research Findings and Conclusion

The research provides answers to the following key questions:

• What is the size of occupied by the prominent leaders for the forecast period, 2018 to 2025? What will be the share and the growth rate of the Hydraulic Fracturing & Services market during the forecast period?
• What are the future prospects for the Hydraulic Fracturing & Services industry in the coming years?
• Which trends are likely to contribute to the development rate of the industry during the forecast period, 2018 to 2025?
• What are the future prospects of the Hydraulic Fracturing & Services industry for the forecast period, 2018 to 2025?
• Which companies are dominating the competitive landscape across the different region and what strategies have they applied to gain a competitive edge?
• What are the major factors responsible for the growth of the market across the different regions?
• What are the challenges faced by the companies operating in the Hydraulic Fracturing & Services market?

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