Market Overview:
The global fracking fluid end market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the growing shale gas exploration and production are also contributing to the growth of this market. The global fracking fluid end market is segmented on the basis of type, application, and region. On the basis of type, it is divided into carbon steel fluid end and stainless-steel fluid end. The carbon steel segment dominates this market owing to its low cost as compared to stainless-steel fluid ends. However, with technological advancements in manufacturing processes for stainless-steel components, this segment is expected to grow at a higher rate during the forecast period from 2018to 2030 .
Product Definition:
The fracking fluid end is a component of a fracking machine that helps to inject the fracking fluid into the ground.
Carbon Steel Fluid End:
Carbon steel fluid end is a by-product obtained during the production of carbon steel. It contains iron, phosphorus, sulfur and other metals in an amount sufficient to make it useful for industrial applications. The product has several advantages over other forms of fluid ends such as high strength and corrosion resistance along with easy handling characteristics which makes it suitable for use in hydraulic fracturing or fracking fluids.
Stainless-Steel Fluid End:
Stainless-steel fluid end is a type of fluid end used in the fracking industry. It is made from high corrosion-resistant and non-corrosive material, which helps to prevent damage to the drill bit and also reduces wear & tear on the drilling machine. The product has gained huge popularity among shale gas producers as it enables them to use less powerful fluids while drilling at high temperatures without fear of equipment failure due to corrosion.
Application Insights:
OEMs such as BASF, ChemChina, and Ineos are manufacturing various chemicals for use in fracking fluids. These OEMs have their plants at the locations where raw materials and energy resources are abundant. The plants provide employment to a large number of people in the region owing to high demand for chemical products from various end-use industries.
The aftermarket segment is expected to witness significant growth over the forecast period owing to rising sales of used fracking fluid packs by oil & gas companies that use these packs during drilling activities. The pack is then re-used or recycled at a later stage when it gets saturated with mud or cuttings from below ground level, thereby saving costs incurred during new equipment installation on account of reduced capital expenditure rates since 2014Q2 due to low oil prices across global markets coupled with economies of scale advantages provided by large volume production operations over small units operating independently within an isolated area network (IAN).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing shale gas exploration and production activities coupled with stringent environmental regulations by regulatory bodies, such as EIA, EPA, etc., which has led to an increase in demand for fracturing fluids across this region.
Asia Pacific is anticipated to witness significant growth from 2018 to 2030 due rising government support for unconventional hydrocarbon resource development along with growing energy needs especially in China and India coupled with increasing investments onshore and offshore for oil & gas exploration activities are some factors that can be attributed towards regional growth. Moreover, countries such as Australia have witnessed large scale hydraulic fracturing operations since 2005-06 which has resulted into high product demand across this country’s economy thus propelling the overall industry growth across Asia Pacific region.
Growth Factors:
- Increased demand for energy due to population growth and industrialization in developing countries
- Rising prices of traditional fuels such as oil, gas, and coal
- Stringent environmental regulations on emissions from traditional fuel sources that incentivize the use of cleaner-burning fracking fluids
- Technological advancements that make fracking fluid usage more efficient and environmentally friendly
- Political instability in key producing regions that leads to higher prices for traditional fuels
Scope Of The Report
Report Attributes
Report Details
Report Title
Fracking Fluid End Market Research Report
By Type
Carbon Steel Fluid End, Stainless-Steel Fluid End
By Application
OEM, Aftermarket
By Companies
Dragon Products, Forum Energy Technologies, Gardner Denver, Halliburton Company, Kerr Pumps, ST9 Gas + Oil, TechnipFMC, The Weir Group, VP Sales and Manufacturing, VULCAN Industrial Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Fracking Fluid End Market Report Segments:
The global Fracking Fluid End market is segmented on the basis of:
Types
Carbon Steel Fluid End, Stainless-Steel Fluid End
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dragon Products
- Forum Energy Technologies
- Gardner Denver
- Halliburton Company
- Kerr Pumps
- ST9 Gas + Oil
- TechnipFMC
- The Weir Group
- VP Sales and Manufacturing
- VULCAN Industrial Holdings
Highlights of The Fracking Fluid End Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Steel Fluid End
- Stainless-Steel Fluid End
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fracking Fluid End Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fracking fluid end is the last part of a hydraulic fracturing well that injects fracking fluid into the ground.
Some of the major players in the fracking fluid end market are Dragon Products, Forum Energy Technologies, Gardner Denver, Halliburton Company, Kerr Pumps, ST9 Gas + Oil, TechnipFMC, The Weir Group, VP Sales and Manufacturing, VULCAN Industrial Holdings.
The fracking fluid end market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fracking Fluid End Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fracking Fluid End Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fracking Fluid End Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fracking Fluid End Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fracking Fluid End Market Size & Forecast, 2018-2028
4.5.1 Fracking Fluid End Market Size and Y-o-Y Growth
4.5.2 Fracking Fluid End Market Absolute $ Opportunity
Chapter 5 Global Fracking Fluid End Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fracking Fluid End Market Size Forecast by Type
5.2.1 Carbon Steel Fluid End
5.2.2 Stainless-Steel Fluid End
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fracking Fluid End Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fracking Fluid End Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fracking Fluid End Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fracking Fluid End Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fracking Fluid End Analysis and Forecast
9.1 Introduction
9.2 North America Fracking Fluid End Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fracking Fluid End Market Size Forecast by Type
9.6.1 Carbon Steel Fluid End
9.6.2 Stainless-Steel Fluid End
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fracking Fluid End Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fracking Fluid End Analysis and Forecast
10.1 Introduction
10.2 Europe Fracking Fluid End Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fracking Fluid End Market Size Forecast by Type
10.6.1 Carbon Steel Fluid End
10.6.2 Stainless-Steel Fluid End
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fracking Fluid End Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fracking Fluid End Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fracking Fluid End Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fracking Fluid End Market Size Forecast by Type
11.6.1 Carbon Steel Fluid End
11.6.2 Stainless-Steel Fluid End
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fracking Fluid End Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fracking Fluid End Analysis and Forecast
12.1 Introduction
12.2 Latin America Fracking Fluid End Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fracking Fluid End Market Size Forecast by Type
12.6.1 Carbon Steel Fluid End
12.6.2 Stainless-Steel Fluid End
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fracking Fluid End Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fracking Fluid End Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fracking Fluid End Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fracking Fluid End Market Size Forecast by Type
13.6.1 Carbon Steel Fluid End
13.6.2 Stainless-Steel Fluid End
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fracking Fluid End Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fracking Fluid End Market: Competitive Dashboard
14.2 Global Fracking Fluid End Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dragon Products
14.3.2 Forum Energy Technologies
14.3.3 Gardner Denver
14.3.4 Halliburton Company
14.3.5 Kerr Pumps
14.3.6 ST9 Gas + Oil
14.3.7 TechnipFMC
14.3.8 The Weir Group
14.3.9 VP Sales and Manufacturing
14.3.10 VULCAN Industrial Holdings
