Hydraulic Fracturing Market Research Report - Forecast to 2027

Hydraulic Fracturing Market Research Report by Well Type (Horizontal and Vertical), By Technology (Plug-And-Perforation, Sliding Sleeve, and Others), by Application (Crude Oil, Shale Gas, Tight Oil, and Others), and by Region - Forecast till 2027

ID: MRFR/E&P/1892-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill Sample form for updated data.

Impact of COVID-19 on the Global Hydraulic Fracturing Market
Hydraulic Fracturing Market


 Source: Primary Experts, Secondary Sources, and MRFR Analysis


Oil price volatility has always been a challenging element in the oil & gas industry. Oil prices have been declining in the last three to four years. However, the recent COVID-19 pandemic led disruptions to oil demand and had a severe impact on financial markets. The COVID-19 crisis is affecting a wide range of industries, including energy & power, automotive, and chemical. However, due to lockdowns, people and goods are not moving around, resulting in a heavy blow to the demand for transport fuels. China is one of the largest importers of oil and has shown a steep fall in demand, which has led to significant implications for the global oil & gas market. The Organization of the Petroleum Exporting Committee (OPEC) issued guidelines for oil producers to cut oil production by 1.5 million barrels. This guideline had to be followed by other countries as well. However, few countries continued to produce oil at the same level, resulting in a steady production level compared to a fall in oil requirements. This resulted in a huge gap in the industry due to global lockdown by most countries because of the outbreak. The COVID-19 crisis resulted in an unprecedented fall in oil prices, reaching negative. The sudden cut in oil production has strategic challenges that must be faced by leading oil and gas companies.


 Crude Oil Production in the US (20122021)


Source: US Energy Information Administration and Short-Term Energy Outlook (STEO)


The market for hydraulic fracturing technology has also been affected due to reduced upstream activities. Hydraulic fracturing is an oil and gas well development process, which generally involves injecting water, sand, and chemicals under high pressure into a bedrock formation through the well. The hydraulic fracturing process is intended to create new fractures in the rock and increase the size, extent, and connectivity of existing fractures. However, due to the COVID-19 pandemic, the operations of oil and gas exploration could be stopped to a certain extent. If the production stops further, the oil wells would be sealed, which might risk the loss of the asset permanently. This would lead to huge losses and lower than zero dividends by the oil companies to the pension funds, especially in North America and Europe. On 15th May 2020, Energy Information Administration (EIA) announced its forecast pertaining to crude oil production fall in the year 2020 and 2021 due to the falling demand for petroleum products because of the pandemic situation. EIA forecasts that the US crude oil production would average 11.7 million barrels per day in 2020 and 10.9 million barrels per day in 2021. These levels would be lower than the 2019 average of 12.2 million barrels per day.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Hydraulic Fracturing Market, By Technology

5.1 Introduction

5.2 Plug-and-perforation

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Sliding sleeve

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Others

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Hydraulic Fracturing Market, By Well Type

6.1 Introduction

6.2 Horizontal

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Vertical

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Hydraulic Fracturing Market, By Application

7.1 Introduction

7.2 Crude oil

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Shale gas

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Tight oil

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Hydraulic Fracturing Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.3 Market Estimates & Forecast by Well Type, 2020-2027

8.2.4 Market Estimates & Forecast by Application, 2020-2027

8.2.5 U.S.

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.5.3 Market Estimates & Forecast by Well Type, 2020-2027

8.2.5.4 Market Estimates & Forecast by Application, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.6.3 Market Estimates & Forecast by Well Type, 2020-2027

8.2.6.4 Market Estimates & Forecast by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.4 Market Estimates & Forecast by Application, 2020-2027

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.5.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.5.4 Market Estimates & Forecast by Application, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.6.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.6.4 Market Estimates & Forecast by Application, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.7.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.7.4 Market Estimates & Forecast by Application, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.8.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.8.4 Market Estimates & Forecast by Application, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.9.3 Market Estimates & Forecast by Well Type, 2020-2027

8.3.9.4 Market Estimates & Forecast by Application, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.3 Market Estimates & Forecast by Well Type, 2020-2027

8.4.4 Market Estimates & Forecast by Application, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.5.3 Market Estimates & Forecast by Well Type, 2020-2027

8.4.5.4 Market Estimates & Forecast by Application, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.6.3 Market Estimates & Forecast by Well Type, 2020-2027

8.4.6.4 Market Estimates & Forecast by Application, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.7.3 Market Estimates & Forecast by Well Type, 2020-2027

8.4.7.4 Market Estimates & Forecast by Application, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.8.3 Market Estimates & Forecast by Well Type, 2020-2027

8.4.8.4 Market Estimates & Forecast by Application, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.5.3 Market Estimates & Forecast by Well Type, 2020-2027

8.5.4 Market Estimates & Forecast by Application, 2020-2027

9 Competitive Landscape


10 Company Profile

10.1 Baker Hughes GE (U.S.)

10.1.1 Company Overview

10.1.2 Product/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Schlumberger (U.S.)

10.2.1 Company Overview

10.2.2 Product /Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 National Oilwell Varco, Inc. (U.S.)

10.3.1 Company Overview

10.3.2 Product /Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Patterson-UTI Energy (U.S.)

10.4.1 Company Overview

10.4.2 Product /Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 FracChem LLC. (U.S.)

10.5.1 Company Overview

10.5.2 Product /Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 TechnipFMC (UK)

10.6.1 Company Overview

10.6.2 Product /Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 U.S. Silica Holdings (U.S.)

10.7.1 Company Overview

10.7.2 Product /Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Halliburton (U.S.)

10.8.1 Company Overview

10.8.2 Product /Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Nuverra (U.S.)

10.9.1 Company Overview

10.9.2 Product /Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 FTS International (U.S.)

10.10.1 Company Overview

10.10.2 Product /Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

10.11 US Well Services (U.S.)

10.11.1 Company Overview

10.11.2 Product /Services Offering

10.11.3 Financial Overview

10.11.4 Key Developments

10.11.5 Strategy

10.11.6 SWOT Analysis

10.12 Franklin Well Service LLC (U.S.)

10.12.1 Company Overview

10.12.2 Product /Services Offering

10.12.3 Financial Overview

10.12.4 Key Developments

10.12.5 Strategy

10.12.6 SWOT Analysis

10.13 EOG Resources (U.S.)

10.13.1 Company Overview

10.13.2 Product /Services Offering

10.13.3 Financial Overview

10.13.4 Key Developments

10.13.5 Strategy

10.13.6 SWOT Analysis


List of Tables

Table 1 Global Hydraulic Fracturing Market: By Region, 2020-2027

Table 2 North America Hydraulic Fracturing Market: By Country, 2020-2027

Table 3 Europe Hydraulic Fracturing Market: By Country, 2020-2027

Table 4 Asia Pacific Hydraulic Fracturing Market: By Country, 2020-2027

Table 5 RoW Hydraulic Fracturing Market: By Country, 2020-2027

Table 6 Global Hydraulic Fracturing Market by Technology Market: By Regions, 2020-2027

Table 7 North America Hydraulic Fracturing Market by Technology: By Country, 2020-2027

Table 8 Europe Hydraulic Fracturing Market by Technology: By Country, 2020-2027

Table 9 Asia Pacific Hydraulic Fracturing Market by Technology: By Country, 2020-2027

Table 10 RoW Hydraulic Fracturing Market by Technology: By Country, 2020-2027

Table 11 Global Hydraulic Fracturing Market, by Well Type, By Regions, 2020-2027

Table 12 North America Hydraulic Fracturing Market, by Well Type, By Country, 2020-2027

Table 13 Europe Hydraulic Fracturing Market, by Well Type, By Country, 2020-2027

Table 14 Asia Pacific Hydraulic Fracturing Market, by Well Type, By Country, 2020-2027

Table 15 RoW Hydraulic Fracturing Market, by Well Type, By Country, 2020-2027

Table 16 Global Hydraulic Fracturing Market, by Application, By Regions, 2020-2027

Table 17 North America Hydraulic Fracturing Market, by Application, By Country, 2020-2027

Table 18 Europe Hydraulic Fracturing Market, by Application, By Country, 2020-2027

Table 19 Asia Pacific Hydraulic Fracturing Market, by Application, By Country, 2020-2027

Table 20 RoW Hydraulic Fracturing Market, by Application, By Country, 2020-2027

Table 21 Global Hydraulic Fracturing Market: By Region, 2020-2027

Table 22 Global Hydraulic Fracturing Market: By Region, 2020-2027

Table 23 Global Hydraulic Fracturing Market: By Region, 2020-2027

Table 24 North America Hydraulic Fracturing Market, By Country

Table 25 North America Hydraulic Fracturing Market, by Technology

Table 26 North America Hydraulic Fracturing Market, By Well Type

Table 27 North America Hydraulic Fracturing Market, By Application

Table 28 Europe: Hydraulic Fracturing Market, By Country

Table 29 Europe: Hydraulic Fracturing Market, by Technology

Table 30 Europe: Hydraulic Fracturing Market, By Well Type

Table 31 Europe: Hydraulic Fracturing Market, By Application

Table 32 Europe: Hydraulic Fracturing Market, By Application

Table 33 Asia Pacific: Hydraulic Fracturing Market, By Country

Table 34 Asia Pacific: Hydraulic Fracturing Market, by Technology

Table 35 Asia Pacific: Hydraulic Fracturing Market, By Well Type

Table 36 Asia Pacific: Hydraulic Fracturing Market, By Application

Table 37 RoW: Hydraulic Fracturing Market, By Region

Table 38 RoW Hydraulic Fracturing Market, by Technology

Table 39 RoW Hydraulic Fracturing Market, By Well Type

Table 40 RoW Hydraulic Fracturing Market, By Application




List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL HYDRAULIC FRACTURING MARKETSHARE, BY END-USE, 2020 (%)

FIGURE 9 GLOBAL HYDRAULIC FRACTURING MARKET, BY END-USE, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL HYDRAULIC FRACTURING MARKETSHARE, BY WELL TYPE, 2020 (%)

FIGURE 11 GLOBAL HYDRAULIC FRACTURING MARKET, BY WELL TYPE, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL HYDRAULIC FRACTURING MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL HYDRAULIC FRACTURING MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA HYDRAULIC FRACTURING MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA HYDRAULIC FRACTURING MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE HYDRAULIC FRACTURING MARKETSHARE (%), 2020

FIGURE 17 EUROPE HYDRAULIC FRACTURING MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC HYDRAULIC FRACTURING MARKETSHARE (%), 2020

FIGURE 19 ASIA PACIFIC HYDRAULIC FRACTURING MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD HYDRAULIC FRACTURING MARKETSHARE (%), 2020

FIGURE 21 REST OF THE WORLD HYDRAULIC FRACTURING MARKETBY COUNTRY, 2020-2027 (USD MILLION)