Lewes, DE -- (SBWire) -- 02/24/2015 --Pressure pumping services increase access to the proven reserves, improve the asset value, ROI, and reservoir yield and integrity. They are generally used in maturing reservoirs or places where oil extraction conditions are challenging. The ever-increasing demand for oil and gas has led to a shift toward EOR. This has led to increased activities in unconventional gas plays, which utilize advanced techniques to enhance the reservoir recovery. Hence, pressure pumping has been gaining traction in the market due to increased process complexity of oil and gas exploration.
Publisher's analysts forecast the Global Pressure Pumping market in Oil and Gas industry to grow at a CAGR of 14.6 percent over the period 2014-2019.
According to the report, one of the main drivers in this market is the increase in global oil and gas demand. As a result of the increased E&P of oil and gas, many industries worldwide are adopting this technology.
The Global Pressure Pumping market in Oil and Gas industry can be divided into three segments based on applications: Hydraulic Fracturing, Cementing, and Others.
Global Pressure Pumping Market in Oil and Gas Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Pressure Pumping market landscape in the Oil and Gas industry and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
- Americas
- APAC
- EMEA
Key Vendors
- Baker Hughes
- Halliburton
- National Oil Varco
- Schlumberger
- Weatherford International
Other Prominent Vendors
- Calfrac Well Services
- Frac Tech Services
- Sanjel
- Trican
Market Driver
- Increase in Global Oil and Gas Demand
- For a full, detailed list, view our report
Market Challenge
- Shortfall in Oil Companies' Revenue Generation
- For a full, detailed list, view our report
Market Trend
- Emergence of Intelligent Pump Systems
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 64 pages, "Global Pressure Pumping Market in Oil and Gas Industry 2015-2019" report covering the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis. The report covered companies are – Baker Hughes, Halliburton, National Oil Varco, Schlumberger, Weatherford International, Calfrac Well Services, Frac Tech Services, Sanjel, Trican
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-pressure-pumping-market-oil-and-gas-industry-2015-2019
Find all Electricity Transmission and Smart Grids Reports at:
http://www.marketresearchreports.com/electricity-transmission-smart-grids
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
For regular industry updates subscribe to our newsletter at:
http://www.marketresearchreports.com/subscribe-to-newsletter
