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The growing demand of energy with increasing investments in offshore and unconventional exploration and production activities is expected to drive the global pressure pumping market. It is estimated to reach $116.12 billion by 2018 Bryan Rust Jersey , at a CAGR of 16.1% from 2013 to 2018. The latest exploration and highly advanced technology required in the African and Asia-Pacific regions are expected to experience the highest revenue growth during the next five years.
This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues Justin Schultz Jersey , and winning imperatives. Major companies such as Schlumberger, Halliburton, hure @
Pressure pumping is required during various phases of the lifecycle of a well for its completion, stimulation, intervention Mario Lemieux Jersey , etc. Hydraulic fracturing is a technique used to generate oil and gas from wells with low permeability. Cementing is done to complete the well. This is a service provided by oilfield service companies to the oil and natural gas companies. In this report, the market is analysed based on hydraulic horse power supplied by oilfield service companies to the hydraulic fracturing market. The Asia-Pacific and Middle East markets are still in the state of infancy, creating strong growth prospects for the global pressure pumping market. While the North American market is near its maturity Sidney Crosby Jersey , the movement in the market will be subjected to competition.
Potential increase in recoverable resources and production is the most important driver for the global market. This technique is used to recover both oil and natural gas but is predominantly used to recover unconventional gas. Currently, natural gas is referred to as transitional fuel for being the link between conventional resources and renewable energy. This proves to be an advantage to the international natural gas market and hence to the pressure pumping market.
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For this report, the major players in the pressure pumping market are identified through secondary and primary research based on which their market shares are evaluated. This includes a study of the annual reports of top market players and interviews with key opinion leaders such as CEOs [url=http://www.cheapnhlpenguinsjerseys.com/jake-guentzel-jersey