[b]Introduction:[/b]

Hydraulic fracturing, also known as Fracking, Fraccing, Hydrofracking, Hydrofracturing is a stimulation technique used to extract oil and gas from shale rocks. A large volume of hydraulically mixed liquid made of water, sand and chemical additives, is pumped down the wellbore into the reservoir formations at high pressures. This process results in small fractures, allowing the oil and gas trapped in the rock to flow back to the surface. The hydraulic fluid pumped into the wellbore consists of small quantities of chemical additives (0.8%) and large quantities of water and sand (99.2%).
Hydraulic fracturing service cost varies from well to well, depending on the number of fracturing stages and the depth of wells. Further, the costs associated with procuring water and sand plays a major role in deciding the fracturing service cost per well in each region.

[b]Table of Contents and Insights[/b]
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The chemical additives used in the Fracturing processes are classified as:
• Friction reducers,
• Biocides,
• Solvents,
• Surfactants,
• Scale inhibitors and
• Acids.

[b]A brief geographical analysis of the market:[/b]

The U.S. and Canada are leading this market due to their high demand of oil & gas. Some other countries like Russia, Argentina, Australia and China are also expected to contribute in the future growth of the Fracking Market. By 2015, China is estimated to drastically increase its shale gas production which further shall boost the Hydraulic Fracturing Market in the Asian region.

[b]Segmentation:[/b]
On the basis of well type:
• Horizontal and
• Vertical wells.
On the basis of Shale type:
• Antrim,
• Bakken,
• Barnett,
• Ford,
• Fayetteville,
• Haynesville,
• Marcellus,
• Woodford, and
• Rest of the U.S.

[b]On the basis of Region: [/b]
• North America,
• Latin America,
• Europe,
• Africa, and
• Asia-Pacific.

[b]Key Players:[/b]
• Schlumberger (U.S.),
• Halliburton (U.S.),
• Baker Hughes (U.S.),
• Calfrac Well Services (U.S.),
• FTS International (U.S.),
• Nabors Industries Ltd. (Bermuda) (U.S.),
• Tacrom Services SRL (Romania),
• Trican Well Services Limited (U.S),
• United Oilfield Services (U.S.),
• Weatherford International Inc. (U.S.), and
• Patterson-UTI Energy Inc. (U.S.).

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[b]Key Drive of the Market:[/b]
• Increasing exploration & production (E&P) activities in unconventional oil & gas reserves.
• Increasing energy demand for transportation, electricity consumption and household activities.
• Increase in demand for oil and gas which has further propelled the market demand.

[b]Logical Estimates:[/b]
Hydraulic Fracturing Market Estimated to be worth $72,629.4 Million by 2019!
The global hydraulic fracturing market was estimated at USD 37.5 billion in 2012 and is expected to grow at over 11% from 2014 to 2020!

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IndustryARC report on “Hydraulic Fracturing & Services Market (2011-2020)”provides many such insights and M&A analysis.

[b]About Us:[/b]
IndustryARC is a global market research and business consulting firm based out of India. We have research centers across Asia and Europe with consultants experienced in the following verticals - Agriculture, Automotive, Chemicals and Materials, Energy and Power, Food and Beverages, ICT, Electronics, Life sciences and Healthcare, Automation and Instrumentation.

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