COVID-19 Impact on Pressure Pumping Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027


Posted September 7, 2021 by Deepak97Yadav

The global pressure pumping market size was valued at USD 53.1 billion in 2016. It is expected to record a 4% CAGR over the forecast period.
 
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The global pressure pumping market size was valued at USD 53.1 billion in 2016. It is expected to record a 4% CAGR over the forecast period. Increasing demand for primary energy in power generation, transportation and household activities is one of the major trends driving the market growth. Pressure pumping services increase the productivity of proven reserves, improve asset value, return on investment and reservoir integrity. Over the past decade, the advent of shale and other unconventional energy resources has led to a dramatic growth in the pressure pumping market. Hydraulic fracturing is an important technology that has made these non-traditional resources economically feasible and is the most frequently used pressure pumping method worldwide. In addition to hydraulic fracturing, cementation, acidification and control services are also part of the pressure pumping service.



Key Players The key players in the global pressure pumping market are Baker Hughes, a GE Company (US), Halliburton (US), Schlumberger (US), Weatherford International Inc. (US), Trican (Canada), RPC Inc. (US), Key Energy Services (US), Sanjel Corporation (Canada),



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A full report of Global Pressure Pumping Services Market is available at: https://www.orionmarketreports.com/pressure-pumping-services-market/40454/

The following Segmentation are covered in this report:

By Type

Hydraulic Fracturing
Cementing
By Application

Directional
Horizontal
Vertical
The report covers the following objectives:

Proliferation and maturation of trade in the global Pressure Pumping Services Market.
The market share of the global Pressure Pumping Services Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Pressure Pumping Services Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Pressure Pumping Services Market.
Scope of the Report

The research study analyses the global Pressure Pumping Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Geographic Coverage

North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
Key Questions Answered by Pressure Pumping Services Market Report

What was the Pressure Pumping Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Pressure Pumping Services Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer/vendor/players in the Pressure Pumping Services Market was the market leader in 2020?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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Issued By Deepak Yadav
Country India
Categories Business
Tags covid19 impact on pressure pumping services market
Last Updated September 7, 2021