Market Research Report
Global Shale Gas Hydraulic Fracturing Market Insights and Forecast to 2027
|Global Shale Gas Hydraulic Fracturing Market Insights and Forecast to 2027|
Published: November 30, 2021
Content info: 107 Pages
Delivery time: 2-3 business days
Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world
Hydraulic fracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of 'fracking fluid' (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely.
Global core shale gas hydraulic fracturing manufacturers include Halliburton, Schlumberger, Baker Hughes etc.The top 5 companies hold a share about 50%. North America is the largest market, with a share about 30%, followed by Europe and China with the share about 16% and 15%.
Market Analysis and Insights: Global Shale Gas Hydraulic Fracturing Market
The global Shale Gas Hydraulic Fracturing market is valued at US$ 11890 million in 2020. The market size will reach US$ 19030 million by the end of 2027, growing at a CAGR of 7.0% during 2021-2027.
Global Shale Gas Hydraulic Fracturing Scope and Segment
Shale Gas Hydraulic Fracturing market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Shale Gas Hydraulic Fracturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Segment by Application
Production by Region
Consumption by Region