Hydraulic Fracturing Market in APAC Region to Grow at a CAGR of 18.4% over the Period 2014-2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Hydraulic Fracturing Market in the APAC Region 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 04/30/2015 --Report forecast the Hydraulic Fracturing Market in APAC Region to grow at a CAGR of 18.4 percent over the period 2014-2019.
Hydraulic fracturing or hydraulic fracking is a technique of well stimulation in which a fluid, at a high pressure (typically water mixed with sand and chemicals), is injected into an oil well to create minor fractures in the deep rock foundations to facilitate the movement of natural gas, petroleum, and brine from deep reserves to the well. The technique of fracturing is common for shale gas and oil recovery wells. Usually, this type of stimulation is carried out once during the productive life of the well and increases the productivity of the well.
According to the report, huge investment by international vendors in the shale oil and gas market acts as a driving factor in the market. Vendors such as Halliburton, Baker Hughes, Schlumberger, and others are investing in shale oil and gas sources to increase production and meet the growing global demand.
Further, the report states that proper discharge of fracturing fluids and chemicals is one of the challenges faced by the market.
Hydraulic Fracturing Market in APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Hydraulic Fracturing market landscape in the APAC Region and its growth prospects over the coming years. The report also includes the segmentation of Hydraulic Fracturing market in the APAC Region on the basis of the type of fracturing fluid. The report includes a discussion of the key vendors operating in this market.
key players in the Hydraulic Fracturing Market in the APAC Region 2015-2019: Cairn India Ltd, Halliburton Co., Schlumberger Ltd. and Weatherford International Ltd.
Other Prominent Vendors in the market are: Cameron International Corporation and FMC Technologies
Market Driver
- Huge Investments in Shale Oil and Gas Market
- For a full, detailed list, view our report
Market Challenge
- Proper Discharging of Fracturing Fluids and Chemicals
- For a full, detailed list, view our report
Market Trend
- Shift of Preference to Horizontal Drilling
- 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 61 pages and 20 Exhibits "Hydraulic Fracturing Market in the APAC Region 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Fracturing Fluid Type, 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.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/hydraulic-fracturing-market-apac-region-2015-2019
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