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Growing E&P activities for extracting hydrocarbons from unconventional reserves particularly shale basins has been major factor driving global hydraulic fracturing market growth over the last few years.
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Hexa Research Inc. Industry Research,Custom Research & Consulting Global Hydraulic Fracturing Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020 Industry Insights Growing E&P activities for extracting hydrocarbons from unconventional reserves particularly shale basins has been major factor driving global hydraulic fracturing market growth over the last few years. Increasing demand for primary energy and fuel for transportation, household and power generation has been responsible for growth in demand for oil & gas over the last few years. Oil & gas industry participants have been witnessing declining production rates from conventional reserves. This might create an imbalance in the demand supply chain. In order to cope up with the growing demand for fossil fuels the E&P companies have shifted their focus to develop the unconventional oil & gas reserves. This shift towards development of unconventional hydrocarbon reserves is expected to boost the market growth. Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/hydraulic- fracturing-industry/
Hexa Research Inc. Industry Research,Custom Research & Consulting Along with benefits, hydraulic fracturing has certain environmental and health risks associated with it. The market growth may be restrained by stringent environmental regulations by organizations such as REACH and EPA. Moratoriums by local organizations and bans on the use technology by regional agencies of France, U.S., Bulgaria and Romania, may have a negative impact on the market growth over the next few years. Development of shale basins in China and Russia coupled with increasing spending on R&D for developing technologies which use less water for fracking is expected to provide future opportunities for market players over the next six years. Technological l Insights Plug & Perf is the largest technology segment for hydraulic fracturing market accounting for over 85% of the total market revenues in 2013.The technology is used to extract oil & gas from cased holes. Sliding sleeve is relatively new technology in this market and is applicable for openhole wellbores as well as natural fractured formations. These technologies are used either in conjunction, industrially referred as ‘hybrid frac’ or separately depending on required fracture quality, formation type and coast involved. Sliding sleeves technique is comparatively les time consuming and more effective. Plug & Perf is a more developed and acknowledged technology for ease of accessibility in horizontal wells creating a high quality fracture. Development of waterless fracturing methods and use of gas fracturing techniques may provide hydraulic fracturing market participants future opportunities. Request A Sample copy of This Report @ http://www.hexaresearch.com/sample/83 Material Insights Major materials employed for hydraulic fracturing are proppants and other chemicals. Proppants accounted for over 22% of the total materials employed. They are utilized for keeping the induced fractures open alloying easy flow of fluids between the formation and the wellbore. Sand, resin coated sand and ceramics are used as proppants for fracturing purpose. Sand owing to its easy and cheap availability has the largest market. Increasing oil & gas production standards have restrained the use of sand as a proppant owing to sand production. Ceramic materials have also significant market shares but are expected to lose some of its market shares to resin coated sand proppants. Application Insights The market finds application in extraction of oil & gas in conventional hydrocarbon reserves as well as for unconventional reserves which include shale basins, tight reserves and CBM. Hydraulic fracturing
Hexa Research Inc. Industry Research,Custom Research & Consulting market demand from shale gas has the largest share in terms of market revenues. Initial development of shale gas reserves especially in U.S. and Canada has boosted the market demand growth for this application. Shale gas is expected to have the fastest growth rates over the next six years. Hydraulic fracturing market demand for tight oil & CBM applications is anticipated to have stagnant growth rates over the forecast period. Regional Insights North America was the largest regional market and accounted for over 88% of the total market revenues in 2013. Development of unconventional resources of oil & gas coupled with government support for developing shale and tight reserves has been the major factor responsible for hydraulic fracturing market growth in this region. Asia Pacific market is anticipated to project the maximum growth rates owing to vast availability of unconventional hydrocarbon reserved in China and Indonesia. Table of Contents Chapter 1 Executive Summary 1.1 Hydraulic Fracturing– Industry Summary & Critical Success Factors (CSFs) Chapter 2 Hydraulic Fracturing Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Hydraulic Fracturing Value Chain Analysis 2.4 Hydraulic Fracturing Market Dynamics 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Hydraulic Fracturing- Company Market Share Analysis, 2013 2.8 Hydraulic Fracturing- PESTEL Analysis Browse All Conventional Energy Industry Research Related Reports @ http://www.hexaresearch.com/research-category/conventional-energy-industry/ Chapter 3 Hydraulic fracturing Technology Outlook 3.1 Global hydraulic fracturing market share by technology, 2013 & 2020 3.2 Plug & Perf 3.3 Sliding Sleeve
Hexa Research Inc. Industry Research,Custom Research & Consulting Chapter 4 Hydraulic Fracturing Material Outlook 4.1 Global hydraulic fracturing market share by Material, 2013 & 2020 4.2 Proppant 4.3 Others Chapter 5 Hydraulic Fracturing Application Outlook 5.1 Global hydraulic fracturing market share by application, 2013 & 2020 5.2 Shale Gas 5.3 Tight Gas 5.4 Tight Oil 5.5 Coal Bed Methane (CBM) 5.6 Others Chapter 6 Hydraulic Fracturing Regional Outlook 6.1 Global hydraulic fracturing market share by region, 2013 & 2020 6.2 North America 6.3 Europe 6.4 Asia Pacific 6.5 RoW Chapter 7 Competitive Landscape 7.1 Baker Hughes Inc. 7.2 Calfrac Well Services Ltd. 7.3 Cudd Energy Services. 7.4 FTS International 7.5 Halliburton 7.6 Schlumberger 7.7 Tacrom Services S.R.L. 7.8 Superior Well Services Inc. 7.9 Trican Well Service Ltd. 7.10 United Oilfield Services. 7.11 Weatherford International Inc. 7.12 C&J Energy Services Inc. Chapter 8 Methodology & Scope 8.1 Research Methodology
Hexa Research Inc. Industry Research,Custom Research & Consulting 8.2 Research Scope & Assumptions 8.3 List of Data Sources Browse Full Report @ http://www.hexaresearch.com/research-report/hydraulic-fracturing-industry/ About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit our Blogs: http://hexaresearch2015.blogspot.com/