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Pressure Pumping Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031

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    Report

  • 116 Pages
  • May 2023
  • Region: Global
  • Acute Market Reports
  • ID: 5836035
Pressure Pumping Market is expected to grow at a CAGR of 3.8% By 2031. Pressure pumping market is expected to witness high growth owing to increasing exploration and production activities of non-conventional shale gas coupled with other operations such as enhanced oil recovery (EOR), cementing, sand controlling services and acidization. Pressure pumping services are also used in mature reservoirs where the extraction of oil is difficult.

Volatile oil prices influence oil producers to adopt the technologies such as EOR to increase output from their existing reservoir to increase their ROI. Moreover, growing production of shale gas in North America and other regions of the globe are anticipated to fuel the demand of pressure pumping services over the forecast period. Growing deep-water drilling activities in Mexico are also expected to driving the demand for pressure pumping services over the forecast period. However, environmental concerns regarding water contamination have resulting stringent regulatory policies in few region of Europe. For instance, France has banned shale gas exploration with the concern that water table can be contaminated with the chemicals used in hydraulic fracturing process. Besides this, high installation cost for pressure pumping, water scarcity, public resistance are other factors expected to restrain the demand for pressure pumping services over the forecast period.

North America is expected to be the dominant regions over the forecast period owing increasing shale gas exploration in the region. Leading players identified across the value chain of pressure pumping market are focusing on innovating new techniques coupled with technology to bring efficiency to pressure pumping operations.

Key players identified across the value chain in the pressure pumping market include but are not limited to:

Baker Hughes Incorporated, Schlumberger Limited, Weatherford International Limited, Halliburton Company, Frontier Oilfield Services Inc., Calfrac Well Services, Keane Group, C&J Energy Services, FTS International, Liberty Oilfield Services, ProPetro Holding Corp and Other Notable Players.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Pressure Pumping market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Pressure Pumping market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report.Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Hydraulic Fracturing
  • Cementing
  • Others (acidization)

Reserve Type

  • Conventional reserves
  • Non-conventional reserves

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Pressure Pumping market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Pressure Pumping market?
  • Which is the largest regional market for Pressure Pumping market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Pressure Pumping market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Pressure Pumping market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Pressure Pumping Market
2.2. Global Pressure Pumping Market, By Type, 2022 (US$ Million)
2.3. Global Pressure Pumping Market, By Reserve Type, 2022 (US$ Million)
2.4. Global Pressure Pumping Market, By Geography, 2022 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2022
3. Pressure Pumping Market: Competitive Analysis
3.1. Market Positioning of Key Pressure Pumping Market Vendors
3.2. Strategies Adopted by Pressure Pumping Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031
4. Pressure Pumping Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Pressure Pumping Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Hydraulic Fracturing
5.3.2. Cementing
5.3.3. Others (acidization)
6. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
6.3.1. Conventional reserves
6.3.2. Non-conventional reserves
7. North America Pressure Pumping Market, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
7.3. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
7.4.Pressure Pumping Market: By Region, 2021-2031, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
7.4.1.1.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
7.4.1.2.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
7.4.1.3.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8. UK and European Union Pressure Pumping Market, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.3. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.Pressure Pumping Market: By Region, 2021-2031, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.1.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.2.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.3.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.4.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.1.5. France
8.4.1.5.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.5.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
8.4.1.6.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9. Asia Pacific Pressure Pumping Market, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.3. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.Pressure Pumping Market: By Region, 2021-2031, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.1.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.2.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.1.3. India
9.4.1.3.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.3.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.4.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.5.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
9.4.1.6.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
10. Latin America Pressure Pumping Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
10.3. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
10.4.Pressure Pumping Market: By Region, 2021-2031, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
10.4.1.1.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
10.4.1.2.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
10.4.1.3.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
11. Middle East and Africa Pressure Pumping Market, 2021-2031, USD (Million)
11.1. Market Overview
11.2. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
11.3. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
11.4.Pressure Pumping Market: By Region, 2021-2031, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
11.4.1.1.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
11.4.1.2.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Pressure Pumping Market: By Type, 2021-2031, USD (Million)
11.4.1.3.2. Pressure Pumping Market: By Reserve Type, 2021-2031, USD (Million)
12. Company Profile
12.1. Baker Hughes Incorporated
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Schlumberger Limited
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Weatherford International Limited
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Halliburton Company
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Frontier Oilfield Services Inc.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Calfrac Well Services
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Keane Group
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. C&J Energy Services
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. FTS International
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Liberty Oilfield Services
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. ProPetro Holding Corp
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. Other Notable Players
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
List of Figures
Figure 1 Global Pressure Pumping Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Pressure Pumping Market: Quality Assurance
Figure 5 Global Pressure Pumping Market, By Type, 2022
Figure 6 Global Pressure Pumping Market, By Reserve Type, 2022
Figure 7 Global Pressure Pumping Market, By Geography, 2022
Figure 8 Market Geographical Opportunity Matrix - Global Pressure Pumping Market, 2022
Figure 9 Market Positioning of Key Pressure Pumping Market Players, 2022
Figure 10 Global Pressure Pumping Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
Figure 11 Global Pressure Pumping Market, By Type, 2022 Vs 2031, %
Figure 12 Global Pressure Pumping Market, By Reserve Type, 2022 Vs 2031, %
Figure 13 U.S. Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 14 Canada Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 15 Rest of North America Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 16 UK Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 17 Germany Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 18 Spain Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 19 Italy Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 20 France Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 21 Rest of Europe Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 22 China Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 23 Japan Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 24 India Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 25 Australia Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 26 South Korea Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 27 Rest of Asia Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 28 Brazil Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 29 Mexico Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 30 Rest of Latin America Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 31 GCC Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 32 Africa Pressure Pumping Market (US$ Million), 2021 - 2031
Figure 33 Rest of Middle East and Africa Pressure Pumping Market (US$ Million), 2021 - 2031
List of Tables
Table 1 Global Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 2 Global Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 3 North America Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 4 North America Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 5 U.S. Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 6 U.S. Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 7 Canada Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 8 Canada Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 9 Rest of North America Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 10 Rest of North America Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 11 UK and European Union Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 12 UK and European Union Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 13 UK Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 14 UK Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 15 Germany Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 16 Germany Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 17 Spain Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 18 Spain Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 19 Italy Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 20 Italy Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 21 France Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 22 France Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 23 Rest of Europe Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 24 Rest of Europe Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 25 Asia Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 26 Asia Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 27 China Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 28 China Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 29 Japan Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 30 Japan Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 31 India Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 32 India Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 33 Australia Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 34 Australia Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 35 South Korea Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 36 South Korea Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 37 Latin America Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 38 Latin America Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 39 Brazil Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 40 Brazil Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 41 Mexico Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 42 Mexico Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 43 Rest of Latin America Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 44 Rest of Latin America Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 45 Middle East and Africa Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 46 Middle East and Africa Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 47 GCC Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 48 GCC Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 49 Africa Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 50 Africa Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)
TABLE 51 Rest of Middle East and Africa Pressure Pumping Market By Type, 2021-2031, USD (Million)
TABLE 52 Rest of Middle East and Africa Pressure Pumping Market By Reserve Type, 2021-2031, USD (Million)

Companies Mentioned

  • Baker Hughes Incorporated
  • Schlumberger Limited
  • Weatherford International Limited
  • Halliburton Company
  • Frontier Oilfield Services Inc.
  • Calfrac Well Services
  • Keane Group
  • C&J Energy Services
  • FTS International
  • Liberty Oilfield Services
  • ProPetro Holding Corp