Pressure Pumping Market 2021-2025: Drivers & Challenges
The pressure-pumping market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Factors such as rising investments in oil and gas E and P activities and increasing focus on unconventional oil and gas E and P activities will offer immense growth opportunities. However, factors such as the growing adoption of renewable sources of energy may threaten the growth of the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Pressure Pumping Market 2021-2025: Scope
The report also covers the following areas:
Pressure Pumping Market 2021-2025: Segmentation
- Type
- Hydraulic Fracturing
- Cementing
- Others
- Geography
- North America
- MEA
- Europe
- APAC
- South America
Pressure Pumping Market 2021-2025: Key Regions & Revenue Generating Segment
33% of the market's growth will originate from MEA during the forecast period. UAE and Saudi Arabia are the key markets for pressure pumping in MEA. The increasing global rig activity will facilitate the pressure pumping market growth in MEA over the forecast period.
The pressure pumping market share growth by the hydraulic fracturing segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the pressure pumping market size.
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Pressure Pumping Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist pressure pumping market growth during the next five years
- Estimation of the pressure pumping market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the pressure pumping market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pressure pumping market vendors
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Pressure Pumping Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.91% |
Market growth 2021-2025 |
USD 4.20 billion |
Market structure |
Fragmented |
YoY growth (%) |
2.72 |
Regional analysis |
North America, MEA, Europe, APAC, and South America |
Performing market contribution |
MEA at 33% |
Key consumer countries |
US, China, UAE, Saudi Arabia, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Baker Hughes Co., Calfrac Well Services Ltd., FTS International Inc., Halliburton Co., Huawei Investment and Holding Co. Ltd., NexTier Oilfield Solutions Inc., NOV Inc., Schlumberger Ltd., Trican Well Service Ltd., and Weatherford International Plc |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Download a free sample now to uncover successful business strategies deployed by companies of pressure pumping market
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