Hydraulic Fracturing Market Expected to Reach $64 billion by 2017

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MarketsandMarkets Presents
Hydraulic Fracturing Market Expected to Reach 64
billion by 2017
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draulic-fracturing-market-745.html
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According to a new market research report,
Hydraulic Fracturing Market by Resource Well
Type Global Trends Forecasts up till 2017
published by MarketsandMarkets (www.marketsandmark
ets.com), Global hydraulic fracturing market will
grow from estimated 31 billion in 2011. This
value is expected to increase from 40 billion in
2012 to 64 billion by 2017, with 10 CAGR during
the same period. North America is expected to
lead the global hydraulic fracturing production
market in terms of hydraulic horse power supplied
by the year 2011. Browse gtgt
78 Data Tables 20 Figures 195 Pages and
in-depth TOC on Hydraulic Fracturing Market
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report.
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The major drivers for hydraulic fracturing
market are the fact that the technology increases
production rate and adds to recoverable reserves
provides access to an energy strategy shift
through natural gas and energy security by
domestic supply. Water availability and public
opposition are seen as major restraints to the
hydraulic fracturing market.   North America
holds major market share in global hydraulic
fracturing market. Research and development
initiatives by American Government and favorable
regulatory conditions have helped American market
to grow to this level.   North America market
share is 90 in the global hydraulic fracturing
production, Rest of the World holds nearly 10 of
the total capacity in hydraulic fracturing
market. In North America U.S. is the largest
market and market is led by Halliburton (U.S.),
Schlumberger (U.S.), Baker Hughes (U.S.),
Superior Well Services (U.S.), Cudd Energy
Services (U.S.). Chinese players and few Asian
players are expected to come up in the near
future.
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draulic-fracturing-market-745.html
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The hydraulic fracturing market is segmented in
two regions namely North America and Rest of the
World. The hydraulic fracturing market is further
segmented by resource types well types and
countries.   The report also touches on various
other important aspects of the market. It
includes an analysis of the value chain, a
Porters five forces analysis, the competitive
landscape, a raw material analysis, patent
analysis, as well as the fracturing process. It
also includes an analysis of the production cost.
In addition, 11 key players of this market have
also been profiled.
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draulic-fracturing-market-745.html
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