Global Hydraulic Fracturing Market worth $64 billion by 2017

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Global Hydraulic Fracturing Market worth
$64 billion by 2017 - Market Research
Experts


According to a new market research report, "Hydraulic Fracturing Market by Resource &
Well Type - Global Trends & Forecasts up till 2017"
published by MarketsandMarkets
(www.marketsandmarkets.com), Global hydraulic fracturing market will grow from estimated
$31 billion in 2011. This value is expected to increase from $40 billion in 2012 to $64 billion by
2017, with 10% CAGR during the same period. North America is expected to lead the global
hydraulic fracturing production market in terms of hydraulic horse power supplied by the year
2011
Browse 78 market data tables with 20 figures spread across 195 pages and in-depth TOC
"Hydraulic Fracturing Market by Resource & Well Type - Global Trends & Forecasts up till
2017".


http://www.marketsandmarkets.com/Market-Reports/hydraulic-fracturing-market-745.html

Early buyers will receive 10% customization of this report.



The major drivers for hydraulic fracturing market are the fact that the technology increases
production rate and adds to recoverable reserves; provides access to an energy strategy shift
through natural gas and energy security by domestic supply. Water availability and public
opposition are seen as major restraints to the hydraulic fracturing market.
North America holds major market share in global hydraulic fracturing market. Research and
development initiatives by American Government and favorable regulatory conditions have
helped American market to grow to this level.
North America market share is 90% in the global hydraulic fracturing production, Rest of the
World holds nearly 10% of the total capacity in hydraulic fracturing market. In North America
U.S. is the largest market and market is led by Halliburton (U.S.), Schlumberger (U.S.), Baker
Hughes (U.S.), Superior Well Services (U.S.), Cudd Energy Services (U.S.). Chinese players and
few Asian players are expected to come up in the near future.

The hydraulic fracturing market is segmented in two regions namely North America and Rest of
the World. The hydraulic fracturing market is further segmented by resource types well types
and countries.
The report also touches on various other important aspects of the market. It includes an analysis
of the value chain, a Porter's five forces analysis, the competitive landscape, a raw material
analysis, patent analysis, as well as the fracturing process. It also includes an analysis of the
production cost. In addition, 11 key players of this market have also been profiled.
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