Hydraulic Fracturing Market by Well Type (Horizontal Well, and Vertical Well), Technology (Plug and Perf, and Sliding Sleeve), Application (Shale gas, Tight Oil, and Tight gas) and Region - Global Trends and Forecast to 2028

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USD 74.37 BN
MARKET SIZE, 2028
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CAGR 7.4%
(2023-2028)
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288
REPORT PAGES
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309
MARKET TABLES

OVERVIEW

hydraulic-fracturing-market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global hydraulic fracturing market is projected to reach USD 74.37 billion by 2028 from an estimated USD 52.14 billion in 2023, at a CAGR of 7.4% during the forecast period. Rising global energy demand, increasing shale oil and gas exploration, advancements in horizontal drilling technologies, and growing production from low-permeability reservoirs are driving hydraulic fracturing adoption. Expanding deepwater developments, oil sands production, and North America’s emergence as a major energy hub further support sustained growth of the hydraulic fracturing market.

KEY TAKEAWAYS

  • BY REGION
    The North America hydraulic fracturing market is estimated to dominate with a share of 90.2% in 2023.
  • BY TECHNOLOGY
    By technology, the hydraulic fracturing market for the plug & perf segment is anticipated to record a CAGR of 7.9% between 2023 and 2028.
  • BY WELL TYPE
    By well type, the horizontal segment is expected to account for an 92.9% share of the hydraulic fracturing market in 2023.
  • BY APPLICATION
    By application, the shale gas segment is expected to account for an 54.5% share of the hydraulic fracturing market in 2023.
  • COMPETITIVE LANDSCAPE
    Halliburton, SLB, Liberty Oilfield Services LLC, Baker Hughes, and NexTier Oilfield Solutions have been identified as the star leaders in the global hydraulic fracturing market, owing to their customer bases, diversified product portfolios, technological capabilities, and diversified regional presence.

The global hydraulic fracturing market is growing steadily, driven by the increasing need to enhance production from low-permeability and unconventional reservoirs such as shale oil and tight gas formations. Rising global energy demand and advancements in horizontal drilling technologies are further strengthening the adoption of hydraulic fracturing to improve well productivity and resource recovery.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The hydraulic fracturing market is shifting from conventional vertical well fracturing and standard pressure-pumping services toward advanced multistage fracturing, digital frac optimization, and automated completion technologies as operators focus on maximizing production from shale and tight oil formations. Increasing emphasis on productivity, recovery maximization, reliability, efficiency, and automation is driving adoption of real-time monitoring and optimized stimulation techniques. These imperatives are enabling outcomes such as shale expansion, output growth, improved resource access, basin optimization, higher profitability, reduced downtime, and extended asset life, supporting the transition toward more efficient and technology-driven unconventional resource development strategies.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Increasing shale exploration and production activities globally
  • Growing demand for hydraulic fracturing technology with increasing requirement for energy
RESTRAINTS
Impact
Level
  • High water usage and environmental concerns associated with hydraulic fracturing
  • Growing concerns regarding seismic activities due to hydraulic fracturing
OPPORTUNITIES
Impact
Level
  • Foam’s capability to facilitate waterless fracking
CHALLENGES
Impact
Level
  • Health and environmental impacts of fracking chemicals
  • Disruptions in hydraulic fracturing operations and demand shock

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Increasing shale exploration and production activities globally

The oil and gas industry has undergone significant transformation as conventional reserves continue to mature and the demand for alternative energy resources increases to meet rising global consumption. In this context, shale oil and gas have emerged as critical contributors to energy supply due to their ability to support production from previously inaccessible reservoirs. Unlike conventional formations, shale reservoirs have low permeability and trap hydrocarbons in small pore spaces or on mineral surfaces, making extraction more complex and intervention-intensive. As a result, advanced technologies such as horizontal drilling and hydraulic fracturing have become essential for efficient resource recovery. Additionally, growing concerns over energy security, supply diversification, and production stability have accelerated exploration and development activities in unconventional resources. North America, particularly the United States, leads global shale production, while parts of Europe and Asia are also expanding their shale exploration efforts, further strengthening the role of unconventional resources in the global energy landscape.

Restraint: Growing concerns regarding seismic activities due to hydraulic fracturing

Hydraulic fracturing (fracking) involves drilling wells into shale formations and injecting high-pressure water mixed with additives to fracture rock and release trapped hydrocarbons. However, this process can sometimes induce minor seismic activity by altering underground pressure conditions and causing rock movement. Such events are generally low magnitude (−4.5 to −1 on the Richter scale) and rarely felt at the surface, though occasional higher-magnitude cases have been reported. For example, seismic events linked to fracking were recorded in the UK near Blackpool, prompting operational adjustments and stricter monitoring requirements. Regulatory authorities in some regions, including England, have suspended fracking activities after seismic thresholds were exceeded. Larger events associated with fluid injection have also been reported in parts of the US and China, raising safety and environmental concerns. As a result, governments continue to impose monitoring systems and operational limits to minimize seismic risks associated with fracking activities.

Opportunity: Foam’s capability to facilitate waterless fracking

Foam-based fracturing fluids are increasingly used in petroleum operations due to their high viscosity and low liquid content, offering a more water-efficient alternative to conventional hydraulic fracturing fluids. Since fracturing accounts for nearly 89% of total water consumption during well drilling, waterless or low-water fracturing technologies present significant opportunities for service providers to address environmental concerns and improve operational efficiency. These foams typically contain 55–95% gas, commonly nitrogen (N2) or carbon dioxide (CO2), dispersed within a liquid phase at formation temperatures around 90°F (32.2°C). Nitrogen-foamed fluids can reduce source water requirements by up to 50%, improve fluid recovery through faster flowback, seal natural fractures to minimize fluid loss, and enable higher proppant concentrations at lower pumping rates. Additionally, nitrogen reduces treatment costs by lowering fluid volume requirements and improving cleanup efficiency, while alternative fluids such as CO2 and LPG further support the development of low-water fracturing solutions.

Challenge: Health and environmental impacts of fracking chemicals

Advancements in hydraulic fracturing technology have significantly strengthened domestic energy supply; however, the process raises environmental and health concerns due to the use of hazardous chemicals such as formaldehyde, benzene, toluene, ethylbenzene, and xylene. Accidental blowouts, spills, and leakage of fracturing fluids have been linked to contamination of nearby streams, lakes, and groundwater resources. These pollutants can also affect wildlife, causing diseases, fatalities, and genetic abnormalities. In addition, exposure to chemicals released from fracturing operations has been associated with health risks such as respiratory issues, headaches, leukemia, heart conditions, and congenital disorders. Flowback water returning to the surface after fracturing may contain toxic substances like arsenic, barium, lead, mercury, and naturally occurring radioactive materials, further increasing environmental risks. Methane emissions from hydraulic fracturing activities also contribute to atmospheric pollution, with the US oil and gas sector releasing significant volumes annually, raising concerns about climate and air quality impacts.

HYDRAULIC FRACTURING MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
An operator in the Middle East implemented an integrated high-pressure, high-temperature (HPHT) multistage completion system developed by Baker Hughes to overcome deployment challenges and improve liner rotation and circulation in tight formations. The solution enabled reliable hydraulic fracturing operations under extreme downhole conditions while supporting aggressive production targets. The deployment of the integrated HPHT multistage completion system significantly improved operational efficiency by enabling liner rotation and circulation during installation, which enhanced deployment accuracy and reduced completion risks. Eliminating open-hole anchors and hydraulically operated downhole tools lowered operational complexity and minimized stimulation-related risks. The solution also improved system reliability under extreme pressure and temperature conditions, ensuring consistent performance throughout the completion process. Additionally, the integrated service approach reduced the need for post-fracturing intervention by enabling the use of disintegrating frac balls, resulting in cost savings of approximately USD 250,000. Overall, the solution enhanced well productivity, reduced operational downtime, improved service quality through end-to-end execution, and supported safer and more efficient development of HPHT tight formations.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

In the hydraulic fracturing market, leading companies are recognized as well-established and financially strong providers of advanced stimulation technologies and completion services. With extensive operational experience, these companies offer diversified portfolios including pressure pumping, multistage fracturing systems, digital frac optimization platforms, and integrated well completion solutions supported by strong global service networks and technical expertise. Their continued investments in automation, electrified fracturing fleets, and data-driven production enhancement technologies enable them to address evolving operator requirements across shale, tight oil, and unconventional reservoirs. These companies have consistently demonstrated their ability to adapt to shifting upstream activity levels and deliver reliable, high-performance fracturing solutions, positioning them as key partners for oil & gas operators worldwide. Prominent companies in this market include Halliburton (US), SLB (US), Liberty Oilfield Services LLC (US), Baker Hughes Company (US), and NexTier Oilfield Solutions (US).

hydraulic-fracturing-market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

hydraulic-fracturing-market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Hydraulic fracturing market, By technology

The plug & perf segment is projected to record the highest CAGR in the hydraulic fracturing market, driven by the widespread adoption of cost-effective and flexible plug & perf technology for multistage hydraulic fracturing in unconventional wells, particularly across North America.

Hydraulic fracturing market, By well type

The horizontal segment, by well type, is projected to register the highest CAGR in the hydraulic fracturing market, driven by the increasing adoption of horizontal drilling, which enhances reservoir contact, improves production rates, and enables efficient development of tight and shale formations.

Hydraulic fracturing market, By application

The shale gas segment is expected to register the highest growth in the hydraulic fracturing market, driven by rising global natural gas demand and expanding shale gas exploration supported by abundant technically recoverable reserves and advancements in horizontal drilling and hydraulic fracturing technologies.

REGION

North America is expected to dominate global hydraulic fracturing market during forecast period

North America is expected to register the highest CAGR of 7.8% in the hydraulic fracturing market during the forecast period, driven by expanding shale and tight oil reserves, increasing fracturing activity in key basins such as Permian, Bakken, and Eagle Ford, rising oil and gas production, and the strong presence of major operators and service providers.

hydraulic-fracturing-market Region

HYDRAULIC FRACTURING MARKET: COMPANY EVALUATION MATRIX

Halliburton has emerged as the market leader in the global hydraulic fracturing market, while ProFrac Holding Corp. is identified as an emerging leader. Halliburton leads due to its extensive pressure pumping capabilities, advanced completion technologies, and strong global operational footprint, whereas ProFrac is gaining momentum through fleet expansion, next-generation frac technologies, and a growing presence across key North American shale basins.

hydraulic-fracturing-market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2023 (Value) USD 52.14 Billion
Market Forecast in 2028 (Value) USD 74.37 Billion
Growth Rate CAGR of 7.4% from 2023-2028
Years Considered 2019–2029
Base Year 2022
Forecast Period 2023–2028
Units Considered Value (USD Million)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Technology:
    • Plug & perf
    • Sliding sleeve
  • By Well type:
    • Horizontal
    • Vertical
  • By Application:
    • Shale gas
    • Tight oil
    • Tight gas
Regions Covered Europe, Asia Pacific, North America, Middle East & Africa and Latin America

WHAT IS IN IT FOR YOU: HYDRAULIC FRACTURING MARKET REPORT CONTENT GUIDE

hydraulic-fracturing-market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Country-level macro trends on shale gas reserves, tight oil reserves, and crude oil production. Country-level technically recoverable shale gas reserves Basin-level reserve mapping insights

RECENT DEVELOPMENTS

  • June 2023 : NexTier Oilfield Solutions and Patterson-UTI Energy, Inc. announced that they have entered into a definitive merger agreement to combine in an all-stock merger of equals transaction. The combined company will be an industry-leading drilling and completions services provider with operations in the most active major U.S. basins.
  • June 2023 : Patterson-UTI Energy, Inc. and NexTier Oilfield Solutions entered into a definitive merger agreement to combine in an all-stock merger of equals transaction. The combined company will be an industry-leading drilling and completions services provider with operations in the most active major basins in the US.
  • January 2023 : ProFrac Holding Corp. acquired REV Energy Holdings, LLC ("REV"), a privately owned pressure pumping service provider with operations in the Eagle Ford and Rockies. ProFrac paid $140 million for REV. The acquisition will expand ProFrac's presence in both South Texas and the Rockies.
  • January 2023 : ProFrac acquired Producers Services Holdings LLC, a pressure pumping services company serving Appalachia and the Mid-Continent. ProFrac bought Producers for about USD 35 million in total transaction value, according to the terms of the arrangement.
  • December 2022 : ProPetro Holding Corp. signed an agreement with a top independent Permian operator to use ProPetro's first electric-powered hydraulic fracturing fleet ("e-fleet"). ProPetro will provide committed services for three years following the delivery of the e-fleet under the terms of the agreement.

 

Table of Contents

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TITLE
PAGE NO
INTRODUCTION
27
RESEARCH METHODOLOGY
32
EXECUTIVE SUMMARY
43
PREMIUM INSIGHTS
47
MARKET OVERVIEW
51
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increasing shale exploration and production activities globally
    - Growing demand for hydraulic fracturing technology with increasing requirement for energy
    RESTRAINTS
    - High water usage and environmental concerns associated with hydraulic fracturing
    - Growing concerns regarding seismic activities due to hydraulic fracturing
    - Local ban and suspensions on hydraulic fracturing
    OPPORTUNITIES
    - Foams’ capability to facilitate waterless fracking
    CHALLENGES
    - Health and environmental impacts of fracking chemicals
    - Disruptions in hydraulic fracturing operations and demand shock
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PROVIDERS OF HYDRAULIC FRACTURING
  • 5.4 SUPPLY CHAIN ANALYSIS
    RAW MATERIAL SUPPLIERS
    SERVICE PROVIDERS
    OILFIELD OPERATORS
  • 5.5 ECOSYSTEM MAPPING
  • 5.6 PATENT ANALYSIS
    LIST OF MAJOR PATENTS
  • 5.7 TARIFFS AND REGULATORY FRAMEWORK
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    MARKET: REGULATORY FRAMEWORK
  • 5.8 CASE STUDY ANALYSIS
    OPTIMIZATION OF HYDRAULIC FRACTURING OF HIGH PRESSURE AND HIGH TEMPERATURE (HPHT) TIGHT FORMATIONS WITH MULTISTAGE COMPLETION SYSTEM
  • 5.9 PORTER'S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    BARGAINING POWER OF BUYERS
    BARGAINING POWER OF SUPPLIERS
    THREAT OF SUBSTITUTES
    INTENSITY OF COMPETITIVE RIVALRY
HYDRAULIC FRACTURING MARKET, BY APPLICATION
77
  • 6.1 INTRODUCTION
  • 6.2 SHALE GAS
    INCREASING DEMAND FOR NATURAL GAS TO DRIVE SEGMENT
  • 6.3 TIGHT OIL
    INCREASING DEMAND FOR CRUDE OIL TO BOOST SEGMENTAL LANDSCAPE
  • 6.4 TIGHT GAS
    INCREASING INVESTMENTS IN DEVELOPMENT OF TIGHT GAS FIELDS TO DRIVE SEGMENT
HYDRAULIC FRACTURING MARKET, BY WELL TYPE
83
  • 7.1 INTRODUCTION
  • 7.2 HORIZONTAL
    SHALE DEVELOPMENTS TO BOOST GROWTH OF HORIZONTAL SEGMENT
  • 7.3 VERTICAL
    STEADILY INCREASING INVESTMENTS IN UNCONVENTIONAL RESOURCES TO DRIVE SEGMENT
HYDRAULIC FRACTURING MARKET, BY TECHNOLOGY
88
  • 8.1 INTRODUCTION
  • 8.2 PLUG & PERF
    EASE OF OPERATION AND ACCESSIBILITY TO BOOST DEMAND FOR PLUG & PERF TECHNOLOGY
  • 8.3 SLIDING SLEEVE
    INCREASING INVESTMENTS IN DEVELOPMENT OF SLIDING SLEEVE TECHNOLOGY TO DRIVE MARKET GROWTH
HYDRAULIC FRACTURING MARKET, BY REGION
93
  • 9.1 INTRODUCTION
  • 9.2 NORTH AMERICA
    NORTH AMERICA: RECESSION IMPACT
    MACRO TRENDS
    - Shale gas reserves
    - Shale/Tight oil reserves
    - Crude oil production
    BY APPLICATION
    BY WELL TYPE
    - Well type, by country
    BY TECHNOLOGY
    - Technology, by country
    BY COUNTRY
    - US
    - Canada
  • 9.3 ASIA PACIFIC
    ASIA PACIFIC: RECESSION IMPACT
    MACRO TRENDS
    - Shale gas reserves
    - Shale/Tight oil reserves
    - Crude oil production
    BY APPLICATION
    BY WELL TYPE
    - Well type, by country
    BY TECHNOLOGY
    - Technology, by country
    BY COUNTRY
    - China
    - Australia
    - Rest of Asia Pacific
  • 9.4 LATIN AMERICA
    LATIN AMERICA: RECESSION IMPACT
    MACRO TRENDS
    - Shale gas reserves
    - Shale/Tight oil reserves
    - Crude oil production
    BY APPLICATION
    BY WELL TYPE
    - Well type, by country
    BY TECHNOLOGY
    - Technology, by country
    BY COUNTRY
    - Argentina
    - Mexico
    - Rest of Latin America
  • 9.5 EUROPE
    EUROPE: RECESSION IMPACT
    MACRO TRENDS
    - Shale gas reserves
    - Shale/Tight oil reserves
    - Crude oil production
    BY APPLICATION
    BY WELL TYPE
    - Well type, by country
    BY TECHNOLOGY
    - Technology, by country
    BY COUNTRY
    - Russia
    - Rest of Europe
  • 9.6 MIDDLE EAST & AFRICA
    MIDDLE EAST & AFRICA: RECESSION IMPACT
    MACRO TRENDS
    - Shale gas reserves
    - Shale/Tight oil reserves
    - Crude oil production
    BY APPLICATION
    BY WELL TYPE
    - Well type, by country
    BY TECHNOLOGY
    - Technology, by country
    BY COUNTRY
    - Algeria
    - Jordan
    - Saudi Arabia
    - South Africa
    - Rest of Middle East & Africa
COMPETITIVE LANDSCAPE
172
  • 10.1 OVERVIEW
  • 10.2 MARKET SHARE ANALYSIS, 2022
  • 10.3 MARKET EVALUATION FRAMEWORK, 2019–2023
  • 10.4 SEGMENTAL REVENUE ANALYSIS, 2017–2022
  • 10.5 COMPETITIVE SCENARIOS AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    OTHERS
  • 10.6 COMPANY EVALUATION MATRIX, 2022
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
  • 10.7 COMPANY FOOTPRINT
COMPANY PROFILES
186
  • 11.1 KEY COMPANIES
    HALLIBURTON
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    LIBERTY OILFIELD SERVICES LLC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SLB
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    NEXTIER OILFIELD SOLUTIONS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    BAKER HUGHES COMPANY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    TRICAN
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    STEP ENERGY SERVICES
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    WEATHERFORD
    - Business overview
    - Products/Services/Solutions offered
    PROFRAC HOLDING CORP.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    CALFRAC WELL SERVICES LTD.
    - Business overview
    - Products/Services/Solutions offered
    TECHNIPFMC PLC
    - Business overview
    - Products/Services/Solutions offered
    PATTERSON-UTI ENERGY, INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    PROPETRO HOLDING CORP.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    PETRO WELT TECHNOLOGIES AG
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    NINE ENERGY SERVICE
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
  • 11.2 OTHER PLAYERS
    NATIONAL ENERGY SERVICES REUNITED CORP.
    GD ENERGY PRODUCTS, LLC
    TAM INTERNATIONAL, INC.
    TACROM
    AFG HOLDINGS, INC.
APPENDIX
249
  • 12.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 12.2 DISCUSSION GUIDE
  • 12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 12.4 CUSTOMIZATION OPTIONS
  • 12.5 RELATED REPORTS
  • 12.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 MARKET SNAPSHOT
  • TABLE 2 HYDRAULIC FRACTURING: POLICIES REGARDING SHALE OIL AND GAS PRODUCTION
  • TABLE 3 COMPARISON OF VARIOUS FRACTURING FLUIDS
  • TABLE 4 ROLE OF KEY COMPANIES IN HYDRAULIC FRACTURING ECOSYSTEM
  • TABLE 5 HYDRAULIC FRACTURING: INNOVATIONS AND PATENT REGISTRATIONS, 2018–2023
  • TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 9 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 10 MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 MARKET: REGULATIONS
  • TABLE 12 MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 13 MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 14 MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 15 SHALE GAS: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 16 SHALE GAS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 17 TIGHT OIL: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 18 TIGHT OIL: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 19 TIGHT GAS: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 20 TIGHT GAS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 21 MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 22 MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 23 HORIZONTAL: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 24 HORIZONTAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 25 VERTICAL: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 26 VERTICAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 27 MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 28 MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 29 PLUG & PERF: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 30 PLUG & PERF: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 31 SLIDING SLEEVE: MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 32 SLIDING SLEEVE: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 33 MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 34 MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 35 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN NORTH AMERICA, BY COUNTRY (TCF)
  • TABLE 36 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN NORTH AMERICA, BY COUNTRY (BILLION BBL)
  • TABLE 37 CRUDE OIL PRODUCTION IN NORTH AMERICA, BY COUNTRY (THOUSAND BARRELS DAILY)
  • TABLE 38 NORTH AMERICA: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 39 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 40 NORTH AMERICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 41 NORTH AMERICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 42 NORTH AMERICA: HORIZONTAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 43 NORTH AMERICA: HORIZONTAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 44 NORTH AMERICA: VERTICAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 45 NORTH AMERICA: VERTICAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 46 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 47 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 48 NORTH AMERICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 49 NORTH AMERICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 50 NORTH AMERICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 51 NORTH AMERICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 52 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 53 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 54 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN US (TCF)
  • TABLE 55 SHALE/TIGHT OIL PROVEN RESERVES FROM SELECTED TIGHT PLAYS IN US, 2021 (MILLION BBL)
  • TABLE 56 CRUDE OIL PRODUCTION IN US (THOUSAND BARRELS DAILY)
  • TABLE 57 US: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 58 US: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 59 US: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 60 US: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 61 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN CANADA, BY COUNTRY (TCF)
  • TABLE 62 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN CANADA (BILLION BBL)
  • TABLE 63 CRUDE OIL PRODUCTION IN CANADA (THOUSAND BARRELS DAILY)
  • TABLE 64 CANADA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 65 CANADA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 66 CANADA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 67 CANADA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 68 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ASIA PACIFIC, BY COUNTRY (TCF)
  • TABLE 69 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ASIA PACIFIC, BY COUNTRY (BILLION BBL)
  • TABLE 70 CRUDE OIL PRODUCTION IN ASIA PACIFIC, BY COUNTRY (THOUSAND BARRELS DAILY)
  • TABLE 71 ASIA PACIFIC: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 72 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 73 ASIA PACIFIC: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 74 ASIA PACIFIC: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 75 ASIA PACIFIC: HORIZONTAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 76 ASIA PACIFIC: HORIZONTAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 77 ASIA PACIFIC: VERTICAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 78 ASIA PACIFIC: VERTICAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 79 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 80 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 81 ASIA PACIFIC: MARKET FOR PLUG & PERF, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 82 ASIA PACIFIC: MARKET FOR PLUG & PERF, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 83 ASIA PACIFIC: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 84 ASIA PACIFIC: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 85 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 86 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 87 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN CHINA (TCF)
  • TABLE 88 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN CHINA (BILLION BBL)
  • TABLE 89 CRUDE OIL PRODUCTION IN CHINA (THOUSAND BARRELS DAILY)
  • TABLE 90 CHINA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 91 CHINA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 92 CHINA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 93 CHINA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 94 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN AUSTRALIA (TCF)
  • TABLE 95 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN AUSTRALIA (BILLION BBL)
  • TABLE 96 CRUDE OIL PRODUCTION IN AUSTRALIA (THOUSAND BARRELS DAILY)
  • TABLE 97 AUSTRALIA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 98 AUSTRALIA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 99 AUSTRALIA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 100 AUSTRALIA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 101 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN INDIA (TCF)
  • TABLE 102 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN TURKEY (TCF)
  • TABLE 103 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN INDIA (BILLION BBL)
  • TABLE 104 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN TURKEY (BILLION BBL)
  • TABLE 105 CRUDE OIL PRODUCTION IN REST OF ASIA PACIFIC (THOUSAND BARRELS DAILY)
  • TABLE 106 REST OF ASIA PACIFIC: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 107 REST OF ASIA PACIFIC: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 108 REST OF ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 109 REST OF ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 110 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN LATIN AMERICA, BY COUNTRY (TCF)
  • TABLE 111 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN LATIN AMERICA, BY COUNTRY (BILLION BBL)
  • TABLE 112 CRUDE OIL PRODUCTION IN LATIN AMERICA, BY COUNTRY (THOUSAND BARRELS DAILY)
  • TABLE 113 LATIN AMERICA: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 114 LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 115 LATIN AMERICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 116 LATIN AMERICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 117 LATIN AMERICA: HORIZONTAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 118 LATIN AMERICA: HORIZONTAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 119 LATIN AMERICA: VERTICAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 120 LATIN AMERICA: VERTICAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 121 LATIN AMERICA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 122 LATIN AMERICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 123 LATIN AMERICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 124 LATIN AMERICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 125 LATIN AMERICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 126 LATIN AMERICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 127 LATIN AMERICA: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 128 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 129 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ARGENTINA (TCF)
  • TABLE 130 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ARGENTINA (BILLION BBL)
  • TABLE 131 CRUDE OIL PRODUCTION IN ARGENTINA (THOUSAND BARRELS DAILY)
  • TABLE 132 ARGENTINA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 133 ARGENTINA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 134 ARGENTINA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 135 ARGENTINA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 136 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN MEXICO (TCF)
  • TABLE 137 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN MEXICO (BILLION BBL)
  • TABLE 138 CRUDE OIL PRODUCTION IN MEXICO (THOUSAND BARRELS DAILY)
  • TABLE 139 MEXICO: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 140 MEXICO: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 141 MEXICO: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 142 MEXICO: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 143 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN COLOMBIA (TCF)
  • TABLE 144 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN CHILE (TCF)
  • TABLE 145 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN COLOMBIA (BILLION BBL)
  • TABLE 146 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN CHILE (BILLION BBL)
  • TABLE 147 CRUDE OIL PRODUCTION IN REST OF LATIN AMERICA (THOUSAND BARRELS DAILY)
  • TABLE 148 REST OF LATIN AMERICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 149 REST OF LATIN AMERICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 150 REST OF LATIN AMERICA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 151 REST OF LATIN AMERICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 152 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN EUROPE, BY COUNTRY (TCF)
  • TABLE 153 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN EUROPE, BY COUNTRY (BILLION BBL)
  • TABLE 154 CRUDE OIL PRODUCTION IN EUROPE, BY COUNTRY (THOUSAND BARRELS DAILY)
  • TABLE 155 EUROPE: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 156 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 157 EUROPE: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 158 EUROPE: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 159 EUROPE: HORIZONTAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 160 EUROPE: HORIZONTAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 161 EUROPE: VERTICAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 162 EUROPE: VERTICAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 163 EUROPE: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 164 EUROPE: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 165 EUROPE: MARKET FOR PLUG & PERF, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 166 EUROPE: MARKET FOR PLUG & PERF, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 167 EUROPE: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 168 EUROPE: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 169 EUROPE: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 170 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 171 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN RUSSIA (TCF)
  • TABLE 172 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN RUSSIA (BILLION BBL)
  • TABLE 173 CRUDE OIL PRODUCTION IN RUSSIA (THOUSAND BARRELS DAILY)
  • TABLE 174 RUSSIA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 175 RUSSIA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 176 RUSSIA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 177 RUSSIA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 178 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN POLAND (TCF)
  • TABLE 179 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN UKRAINE (TCF)
  • TABLE 180 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ROMANIA (TCF)
  • TABLE 181 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN SWEDEN (TCF)
  • TABLE 182 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN UK (TCF)
  • TABLE 183 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN POLAND (BILLION BBL)
  • TABLE 184 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN UKRAINE (BILLION BBL)
  • TABLE 185 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ROMANIA (BILLION BBL)
  • TABLE 186 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN UK (BILLION BBL)
  • TABLE 187 CRUDE OIL PRODUCTION IN REST OF EUROPE (THOUSAND BARRELS DAILY)
  • TABLE 188 REST OF EUROPE: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 189 REST OF EUROPE: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 190 REST OF EUROPE: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 191 REST OF EUROPE: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 192 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN MIDDLE EAST & AFRICA, BY COUNTRY (TCF)
  • TABLE 193 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN MIDDLE EAST & AFRICA, BY COUNTRY (BILLION BBL)
  • TABLE 194 CRUDE OIL PRODUCTION IN MIDDLE EAST & AFRICA, BY COUNTRY (THOUSAND BARRELS DAILY)
  • TABLE 195 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 196 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 197 MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 198 MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 199 MIDDLE EAST & AFRICA: HORIZONTAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 200 MIDDLE EAST & AFRICA: HORIZONTAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 201 MIDDLE EAST & AFRICA: VERTICAL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 202 MIDDLE EAST & AFRICA: VERTICAL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 203 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 204 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 205 MIDDLE EAST & AFRICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 206 MIDDLE EAST & AFRICA: MARKET FOR PLUG & PERF, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 207 MIDDLE EAST & AFRICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 208 MIDDLE EAST & AFRICA: MARKET FOR SLIDING SLEEVE, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 209 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 210 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 211 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ALGERIA (TCF)
  • TABLE 212 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ALGERIA (BILLION BBL)
  • TABLE 213 CRUDE OIL PRODUCTION IN ALGERIA (THOUSAND BARRELS DAILY)
  • TABLE 214 ALGERIA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 215 ALGERIA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 216 ALGERIA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 217 ALGERIA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 218 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN JORDAN (TCF)
  • TABLE 219 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN JORDAN (BILLION BBL)
  • TABLE 220 JORDAN: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 221 JORDAN: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 222 JORDAN: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 223 JORDAN: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 224 CRUDE OIL PRODUCTION IN SAUDI ARABIA (THOUSAND BARRELS DAILY)
  • TABLE 225 SAUDI ARABIA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 226 SAUDI ARABIA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 227 SAUDI ARABIA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 228 SAUDI ARABIA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 229 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN SOUTH AFRICA (TCF)
  • TABLE 230 SOUTH AFRICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 231 SOUTH AFRICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 232 SOUTH AFRICA: MARKET IN SOUTH AFRICA, 2019–2022 (USD MILLION)
  • TABLE 233 SOUTH AFRICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 234 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN LIBYA (TCF)
  • TABLE 235 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN EGYPT (TCF)
  • TABLE 236 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN OMAN (TCF)
  • TABLE 237 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN UAE (TCF)
  • TABLE 238 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN LIBYA (BILLION BBL)
  • TABLE 239 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN EGYPT (BILLION BBL)
  • TABLE 240 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN OMAN (BILLION BBL)
  • TABLE 241 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN UAE (BILLION BBL)
  • TABLE 242 CRUDE OIL PRODUCTION IN REST OF MIDDLE EAST & AFRICA (THOUSAND BARRELS DAILY)
  • TABLE 243 REST OF MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2019–2022 (USD MILLION)
  • TABLE 244 REST OF MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 245 REST OF MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
  • TABLE 246 REST OF MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
  • TABLE 247 STRATEGIES ADOPTED BY KEY PLAYERS
  • TABLE 248 MARKET: DEGREE OF COMPETITION
  • TABLE 249 MARKET EVALUATION FRAMEWORK, 2019–2023
  • TABLE 250 MARKET: PRODUCT LAUNCHES, 2019–2023
  • TABLE 251 MARKET: DEALS, 2018–2023
  • TABLE 252 MARKET: OTHERS, 2019–2023
  • TABLE 253 APPLICATION: COMPANY FOOTPRINT
  • TABLE 254 TECHNOLOGY: COMPANY FOOTPRINT
  • TABLE 255 WELL TYPE: COMPANY FOOTPRINT
  • TABLE 256 REGION: COMPANY FOOTPRINT
  • TABLE 257 HALLIBURTON: COMPANY OVERVIEW
  • TABLE 258 HALLIBURTON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 259 HALLIBURTON: PRODUCT LAUNCHES
  • TABLE 260 HALLIBURTON: DEALS
  • TABLE 261 HALLIBURTON: OTHERS
  • TABLE 262 LIBERTY OILFIELD SERVICES LLC: COMPANY OVERVIEW
  • TABLE 263 LIBERTY OILFIELD SERVICES LLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 264 LIBERTY OILFIELD SERVICES LLC: PRODUCT LAUNCHES
  • TABLE 265 LIBERTY OILFIELD SERVICES LLC: DEALS
  • TABLE 266 SLB: COMPANY OVERVIEW
  • TABLE 267 SLB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 268 SLB: PRODUCT LAUNCHES
  • TABLE 269 SLB: DEALS
  • TABLE 270 SLB: OTHERS
  • TABLE 271 NEXTIER OILFIELD SOLUTIONS: COMPANY OVERVIEW
  • TABLE 272 NEXTIER OILFIELD SOLUTIONS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 273 NEXTIER OILFIELD SOLUTIONS: DEALS
  • TABLE 274 BAKER HUGHES COMPANY: COMPANY OVERVIEW
  • TABLE 275 BAKER HUGHES COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 276 BAKER HUGHES COMPANY: PRODUCT LAUNCHES
  • TABLE 277 BAKER HUGHES COMPANY: DEALS
  • TABLE 278 BAKER HUGHES COMPANY: OTHERS
  • TABLE 279 TRICAN: COMPANY OVERVIEW
  • TABLE 280 TRICAN: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 281 TRICAN: PRODUCT LAUNCHES
  • TABLE 282 TRICAN: DEALS
  • TABLE 283 TRICAN: OTHERS
  • TABLE 284 STEP ENERGY SERVICES: COMPANY OVERVIEW
  • TABLE 285 STEP ENERGY SERVICES: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 286 STEP ENERGY SERVICES: DEALS
  • TABLE 287 WEATHERFORD: COMPANY OVERVIEW
  • TABLE 288 WEATHERFORD: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 289 PROFRAC HOLDING CORP.: COMPANY OVERVIEW
  • TABLE 290 PROFRAC HOLDING CORP.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 291 PROFRAC HOLDING CORP.: DEALS
  • TABLE 292 CALFRAC WELL SERVICES LTD.: COMPANY OVERVIEW
  • TABLE 293 CALFRAC WELL SERVICES LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 294 TECHNIPFMC PLC: COMPANY OVERVIEW
  • TABLE 295 TECHNIPFMC PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 296 PATTERSON-UTI ENERGY, INC.: COMPANY OVERVIEW
  • TABLE 297 PATTERSON-UTI ENERGY, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 298 PATTERSON-UTI ENERGY, INC.: DEALS
  • TABLE 299 PROPETRO HOLDING CORP.: COMPANY OVERVIEW
  • TABLE 300 PROPETRO HOLDING CORP.: PRODUCTS/SERVICES/SOLUTIONS
  • TABLE 301 PROPETRO HOLDING CORP.: DEALS
  • TABLE 302 PETRO WELT TECHNOLOGIES AG: COMPANY OVERVIEW
  • TABLE 303 PETRO WELT TECHNOLOGIES AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 304 PETRO WELT TECHNOLOGIES AG: DEALS
  • TABLE 305 PETRO WELT TECHNOLOGIES AG: OTHERS
  • TABLE 306 NINE ENERGY SERVICE: COMPANY OVERVIEW
  • TABLE 307 NINE ENERGY SERVICE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 308 NINE ENERGY SERVICES: DEALS
  • TABLE 309 NINE ENERGY SERVICES: OTHERS
LIST OF FIGURES
 
  • FIGURE 1 MARKET: RESEARCH DESIGN
  • FIGURE 2 DATA TRIANGULATION METHODOLOGY
  • FIGURE 3 BREAKDOWN OF PRIMARIES
  • FIGURE 4 MARKET: BOTTOM-UP APPROACH
  • FIGURE 5 MARKET: TOP-DOWN APPROACH
  • FIGURE 6 METRICS CONSIDERED FOR ANALYZING AND ASSESSING DEMAND FOR HYDRAULIC FRACTURING SYSTEMS
  • FIGURE 7 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF HYDRAULIC FRACTURING
  • FIGURE 8 MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 9 SHALE GAS SEGMENT TO CONTINUE TO HOLD LARGEST SIZE OF MARKET, BY APPLICATION, DURING FORECAST PERIOD
  • FIGURE 10 HORIZONTAL SEGMENT TO DOMINATE MARKET, BY WELL TYPE, DURING FORECAST PERIOD
  • FIGURE 11 PLUG & PERF SEGMENT TO HOLD LARGER SIZE OF MARKET, BY TECHNOLOGY, DURING FORECAST PERIOD
  • FIGURE 12 NORTH AMERICA DOMINATED MARKET IN 2022
  • FIGURE 13 INCREASING SHALE EXPLORATION AND PRODUCTION ACTIVITIES TO DRIVE MARKET FROM 2023 TO 2028
  • FIGURE 14 NORTH AMERICA TO RECORD HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
  • FIGURE 15 SHALE GAS SEGMENT DOMINATED MARKET IN 2022
  • FIGURE 16 HORIZONTAL SEGMENT ACCOUNTED FOR LARGER SHARE OF MARKET IN 2022
  • FIGURE 17 PLUG & PERF SEGMENT DOMINATED MARKET IN 2022
  • FIGURE 18 HORIZONTAL & US DOMINATED MARKET IN NORTH AMERICA IN 2022
  • FIGURE 19 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 20 DRY NATURAL GAS PRODUCTION IN US, BY TYPE, 2000–2050
  • FIGURE 21 GLOBAL OIL DEMAND, 2019–2028
  • FIGURE 22 GLOBAL NATURAL GAS DEMAND, BY REGION, 2010–2050
  • FIGURE 23 WATER USAGE IN SHALE PLAYS ACROSS US
  • FIGURE 24 HYDRAULIC FRACTURING WATER CYCLE AND ITS IMPACT ON WATER SUPPLIES
  • FIGURE 25 FRACTURING FLUID COMPOSITION
  • FIGURE 26 APPLICATIONS OF FOAM IN OIL & GAS INDUSTRY
  • FIGURE 27 REVENUE SHIFTS FOR HYDRAULIC FRACTURING PROVIDERS
  • FIGURE 28 MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 29 MARKET MAP
  • FIGURE 30 MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 31 SHALE GAS SEGMENT HELD LARGEST SHARE OF MARKET IN 2022
  • FIGURE 32 HORIZONTAL SEGMENT HELD LARGER SHARE OF MARKET IN 2022
  • FIGURE 33 PLUG & PERF SEGMENT HELD LARGER SHARE OF MARKET IN 2022
  • FIGURE 34 MARKET IN NORTH AMERICA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
  • FIGURE 35 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2022
  • FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT
  • FIGURE 38 MARKET SHARE ANALYSIS, 2022
  • FIGURE 39 SEGMENTAL REVENUE ANALYSIS, 2017–2022
  • FIGURE 40 MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
  • FIGURE 41 HALLIBURTON: COMPANY SNAPSHOT, 2022
  • FIGURE 42 LIBERTY OILFIELD SERVICES LLC: COMPANY SNAPSHOT, 2022
  • FIGURE 43 SLB: COMPANY SNAPSHOT, 2022
  • FIGURE 44 NEXTIER OILFIELD SOLUTIONS: COMPANY SNAPSHOT, 2022
  • FIGURE 45 BAKER HUGHES COMPANY: COMPANY SNAPSHOT, 2022
  • FIGURE 46 TRICAN: COMPANY SNAPSHOT, 2022
  • FIGURE 47 STEP ENERGY SERVICES: COMPANY SNAPSHOT, 2022
  • FIGURE 48 WEATHERFORD: COMPANY SNAPSHOT, 2022
  • FIGURE 49 PROFRAC HOLDING CORP.: COMPANY SNAPSHOT, 2022
  • FIGURE 50 CALFRAC WELL SERVICES LTD.: COMPANY SNAPSHOT, 2022
  • FIGURE 51 TECHNIPFMC PLC: COMPANY SNAPSHOT, 2022
  • FIGURE 52 PATTERSON-UTI ENERGY, INC.: COMPANY SNAPSHOT, 2022
  • FIGURE 53 PROPETRO HOLDING CORP.: COMPANY SNAPSHOT, 2022
  • FIGURE 54 PETRO WELT TECHNOLOGIES AG: COMPANY SNAPSHOT, 2022
  • FIGURE 55 NINE ENERGY SERVICE: COMPANY SNAPSHOT, 2022

 

Methodology

The study involved major activities in estimating the current size of the hydraulic fracturing market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the hydraulic fracturing market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, EIA, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the hydraulic fracturing market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The hydraulic fracturing market comprises several stakeholders, such as raw material suppliers, service providers, and oilfield operators in the supply chain. The demand side of this market is characterized by the rising demand for hydraulic fracturing for shale gas, tight oil, and tight gas. The supply side is characterized by rising demand for contracts from the industrial sector and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

Hydraulic Fracturing Market Size, and Share

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Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the hydraulic fracturing market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions has been determined through both primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Hydraulic Fracturing Market Size: Tow-Down Approach

Hydraulic Fracturing Market Size, and Share

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Hydraulic Fracturing Market Size: Bottom-Up Approach

Hydraulic Fracturing Market Size, and Share

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Market Defenition

Hydraulic fracturing, or fracking, is a well-stimulation method used in the oil and gas industry to extract hydrocarbons from deep underground formations. It entails injecting a high-pressure fluid mixture into a wellbore, creating fractures in the rock, and enabling the flow of trapped oil or gas. The market driving forces for hydraulic fracturing encompass growing global energy demands, the exploration of unconventional resources like shale gas and tight oil, technological advancements, and economic advantages from enhanced domestic oil and gas production. These factors contribute to increased energy security and reduced reliance on imported resources.

The growth of the hydraulic fracturing market during the forecast period can be attributed to the increasing global energy demand, the exploration, and exploitation of unconventional resources, such as shale gas and tight oil, technological advancements, and economic benefits from increased domestic oil and gas production across major countries in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key Stakeholders

  • Consulting companies and associations in the hydraulic fracturing industry
  • Environmental research institutes
  • Government organizations
  • Investors/shareholders
  • Hydraulic fracturing equipment manufacturers
  • Hydraulic fracturing service providers
  • Organizations, forums, alliances, and associations
  • Research and consulting companies in the oil & gas industry
  • State and national regulatory authorities

Objectives of the Study

  • To define, describe, segment, and forecast the hydraulic fracturing market on the basis of well type, Technology, Application, and Region, in terms of value.
  • To describe and forecast the market for five key regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, along with their country-level market sizes, in terms of value.
  • To provide detailed information regarding key drivers, restraints, opportunities, and challenges influencing the growth of the market.
  • To provide the supply chain analysis, trends/disruptions impacting the customer’s business, market map, pricing analysis, and regulatory analysis of the market.
  • To analyze opportunities for stakeholders in the market and draw a competitive landscape of the market.
  • To strategically analyze the ecosystem, tariffs and regulations, patent landscape, trade landscape, Porter’s five forces, and case studies pertaining to the market under study.
  • To benchmark market players using the company evaluation quadrant, which analyzes market players on broad categories of business and product strategies adopted by them.
  • To compare key market players with respect to product specifications and applications.
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies.
  • To analyze competitive developments, such as contracts & agreements, investments & expansions, mergers & acquisitions, new product launches, partnerships, joint ventures & collaborations, in the hydraulic fracturing market.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which provides a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analyses and profiling of additional market players

TABLE OF CONTENTS

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