Hydraulic Fracturing Market Size, Share, Growth Prospects, Key Opportunities, TrPosted by Jitendra Magar on December 16th, 2017 Market research future published a half cooked research report on Global Hydraulic Fracturing Market. The Hydraulic Fracturing Market is expected to grow over the CAGR of around 11% during the period 2016 to 2022. Market Highlights The demand for hydraulic fracturing market is expected to be driven by the rapid increase in the rate of production and it provides access to strategy of shifting energy through natural gas and energy security by domestic supply. The increase in demand of energy and the increase in inclination towards production and exploration of non-conventional sources of energy such as shale gas and tight oil among others is expected to further drive the growth of the market. Favorable government rules and regulations and the increased government expenditure for promoting the extraction of natural resources is further expected to drive the growth of the market. Key Players The key players of hydraulic fracturing market are
Request a Sample Copy @https://www.marketresearchfuture.com/sample_request/2532 North America accounts for the highest market share North America region is utilizing hydraulic fracturing on a very large scale due to presence of natural resources in huge quantities. A large number of wells in the region are stimulated by the use of hydraulic fracturing. Shale gas reserves in North America are attracting many huge companies as the gas is clean and green fuel compared to oil and coal. The successful evolution of shale gas reserves, has reduced the dependency of the region on foreign crude oil and natural gas, thereby leading to the growth of the market. Like it? Share it! More by this author |