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North America Pressure Pumping Market by Type, Resource Type, Well Type, and Country - Global Forecasts to 2021

North America Pressure Pumping Market: Global Forecasts until 2021

  • March 2017
  • 132 pages
  • ID: 4775349
In this report:
The growth in exploration in Canadian oil sands and shale play in the U.S. will drive the North American pressure pumping market, which is expected to grow at a CAGR of ##.##% from 2016 to 2021.
Despite a decline in oil prices, Canadian oil sands production is forecast to grow from ##.## million barrels per day in 2015 to ##.## million barrels per day by 2040.

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"The North America pressure pumping market is estimated to rise at a compound annual growth rate of 2.60 percent from 2016 to 2021"

The North American pressure pumping market is estimated to grow ~$29.9B by 2021, increasing at a compound annual growth rate (CAGR) of 2.60 percent from 2016 to 2021. The North American pressure pumping services are widely used in hydraulic fracturing and cementing services in shale plays in the territory. Auction of shale gas fields in Mexico (MX) in 2017 is further anticipated to drive the North American pressure pumping services market. Nevertheless, unstable and falling oil prices can hinder the increase of the North American pressure pumping services market. Also, increasing environmental concerns and public opposition to hydraulic fracturing could affect the pressure pumping services market.

"The hydraulic fracturing segment is anticipated to grow at the highest compound annual growth rate (CAGR) from 2016 to 2021"

Established on type of service in the North American pressure pumping market, the hydraulic fracturing service segment is forecasted to be the quickest increasing industry from 2016 to 2021. Early backpack period and abundance of shale gas reserves in the United States, are the factors driving the rise of the hydraulic fracturing services market in North America continent.

"Mexico (MX): The quickest growing sector for North America pressure pumping market"

The U.S.A is currently the biggest market for the North American pressure pumping market, succeeded by Canada (CA) and Mexico (MX). Mexico (MX) is anticipated to be the quickest increasing sector during the outlook period as a result of the big unexplored technically recoverable reserves of shale in the area. Also, the area is going to auction shale gas reserves in 2017 which is anticipated to trigger the market demand for pressure pumping services in the area.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1 30.0 percent, Tier 2 35.0 percent, Tier 3 35.0 percent

By Designation: C-Level- 10.0 percent, D-Level- 30.0 percent, Others- 60.0 percent

By area: USA - 71.0 percent, Canada- 16.0 percent, Mexico- 13.0 percent

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue; as of 2015: Tier 1 = >USD 10 billion, Tier 2 = $1.0B to $10.0B, and Tier 3 =

The key players in the North American pressure pumping services market contain Schlumberger, Halliburton, Baker Hughes, and Weatherford.

Segment Research

The market research offers a picture on the North American pressure pumping market and its types across regions. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including service type, well type, resource type, and territories. Moreover, the industry report also comprises an detailed competitive study of top actors in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Why acquire this industry report?

1. The study determines and addresses main markets for North America pressure pumping market, which would help providers review the rise in the industry demand for the product.

2. The analysis benefits solution providers distinguish the pulse of the sector, and offers business insights into drivers, market restraints, and opportunities.

3. The market research will facilitate top players comprehend the strategies of their competitors better, and will benefit in making tactical conclusions.

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