Market Overview:
The global pressure pumping market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for oil and gas across the globe. The global pressure pumping market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into desktop type pressure pumping and handheld type pressure pumping. Desktop type pumps are used for high-pressure applications in refineries and chemical plants. Handheld pumps are used for lower-pressure applications in upstream oilfields and gas processing plants. On the basis of application, the market is classified into oil industry, gas industry, chemical industry, and other industries. The other industries include water treatment facilities and power generation plants. Geographically, it has been analyzed across North America (U S., Canada), Latin America (Mexico Brazil), Europe (UK France Spain Italy Rest Of Europe), Asia Pacific (China India Japan South Korea Rest Of Asia Pacific) And Middle East & Africa(GCC Countries Saudi Arabia South Africa Rest Of MEA).
Product Definition:
A pressure pumping unit (also known as a artificial lift system) is a type of equipment used in the petroleum industry to increase the flow of oil or gas from a production well. It is an essential part of the production process and is used to maintain reservoir pressure, push fluids through the wellbore and into production tubing, and improve hydrocarbon recovery.
Desktop Type Pressure Pumping:
Desktop type pressure pumping is a method of oil extraction from the ground where the main pump is placed on a table or desk-top and operated by an operator sitting in an chair. The advantage of this technique is that there are no moving parts to fail, all operations are performed under water pressure.
The global market for desktop type oil pumps was valued at USD 6,867.1 million in 2016.
Handheld Type Pressure Pumping:
Handheld type pressure pumping is used to transfer fluid at high velocity from one place to another. It is mainly used in the oil and gas industry for various operations such as well drilling, well stimulation, production testing and monitoring among others. The primary function of this equipment is to push fluids such as slurries or mixtures of fluids like muds or cuttings up a steep slope where gravity alone cannot provide enough force.
Application Insights:
The oil industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for crude oil from emerging economies such as China, India, Brazil and Mexico. Furthermore, technological advancements in drilling equipment have led to an increase in production across all major regions including North America and Asia Pacific. This has resulted in a rise in need for pressure pumping units within the oil & gas industry over recent years.
The chemical industry is anticipated to grow at a significant rate during the forecast period owing to rising demand for various chemicals used across multiple industries including pharmaceuticals, food processing and paper manufacturing among others.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to increasing oil production in Canada and United States. The U.S. is anticipated to dominate this region owing to high investments in hydraulic fracturing and horizontal drilling for shale gas reserves across North America, which will drive the demand for pressure pumping equipment over the next eight years.
Asia Pacific is projected to be one of fastest-growing regions due its large oil & gas industry base along with growing chemical, power generation, food & beverage and other industries that require pressure pumping equipment on a large scale basis across countries such as China, India, Indonesia etc., thus driving growth of global DP market over the forecast period.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in exploration and production activities by oil and gas companies
- Proliferation of hydraulic fracturing or fracking technology
- Stringent environmental regulations that promote the use of pressure pumping services for well completion operations
- Technological advancements that improve the efficiency and effectiveness of pressure pumping services
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Pumping in Oil and Gas Market Research Report
By Type
Desktop Type Pressure Pumping, Handheld Type Pressure Pumping
By Application
Oil Industry, Gas Industry, Chemical Industry, Other
By Companies
GE(Baker Hughes), Halliburton, National Oil Varco, Schlumberger, Weatherford International, Calfrac Well Services, Frac Tech Services, Sanjel, Trican, GE(Baker Hughes)
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Pumping in Oil and Gas Market Report Segments:
The global Pressure Pumping in Oil and Gas market is segmented on the basis of:
Types
Desktop Type Pressure Pumping, Handheld Type Pressure Pumping
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
Oil Industry, Gas Industry, Chemical Industry, Other
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:
- GE(Baker Hughes)
- Halliburton
- National Oil Varco
- Schlumberger
- Weatherford International
- Calfrac Well Services
- Frac Tech Services
- Sanjel
- Trican
- GE(Baker Hughes)
Highlights of The Pressure Pumping in Oil and Gas 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:
- Desktop Type Pressure Pumping
- Handheld Type Pressure Pumping
- By Application:
- Oil Industry
- Gas Industry
- Chemical Industry
- Other
- 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 Pressure Pumping in Oil and Gas 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
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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?
Pressure pumping is a process used in oil and gas production to remove oil or gas from the ground. The pressure pump uses high-pressure fluid to push the oil or gas out of the ground.
Some of the key players operating in the pressure pumping in oil and gas market are GE(Baker Hughes), Halliburton, National Oil Varco, Schlumberger, Weatherford International, Calfrac Well Services, Frac Tech Services, Sanjel, Trican, GE(Baker Hughes).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size & Forecast, 2018-2028
4.5.1 Pressure Pumping in Oil and Gas Market Size and Y-o-Y Growth
4.5.2 Pressure Pumping in Oil and Gas Market Absolute $ Opportunity
Chapter 5 Global Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Type
5.2.1 Desktop Type Pressure Pumping
5.2.2 Handheld Type Pressure Pumping
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Gas Industry
6.2.3 Chemical Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Analysis and Forecast
9.1 Introduction
9.2 North America Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Type
9.6.1 Desktop Type Pressure Pumping
9.6.2 Handheld Type Pressure Pumping
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 Pressure Pumping in Oil and Gas Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Gas Industry
9.10.3 Chemical Industry
9.10.4 Other
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 Pressure Pumping in Oil and Gas Analysis and Forecast
10.1 Introduction
10.2 Europe Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Type
10.6.1 Desktop Type Pressure Pumping
10.6.2 Handheld Type Pressure Pumping
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 Pressure Pumping in Oil and Gas Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Gas Industry
10.10.3 Chemical Industry
10.10.4 Other
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 Pressure Pumping in Oil and Gas Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Type
11.6.1 Desktop Type Pressure Pumping
11.6.2 Handheld Type Pressure Pumping
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 Pressure Pumping in Oil and Gas Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Gas Industry
11.10.3 Chemical Industry
11.10.4 Other
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 Pressure Pumping in Oil and Gas Analysis and Forecast
12.1 Introduction
12.2 Latin America Pressure Pumping in Oil and Gas 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 Pressure Pumping in Oil and Gas Market Size Forecast by Type
12.6.1 Desktop Type Pressure Pumping
12.6.2 Handheld Type Pressure Pumping
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 Pressure Pumping in Oil and Gas Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Gas Industry
12.10.3 Chemical Industry
12.10.4 Other
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) Pressure Pumping in Oil and Gas Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pressure Pumping in Oil and Gas 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) Pressure Pumping in Oil and Gas Market Size Forecast by Type
13.6.1 Desktop Type Pressure Pumping
13.6.2 Handheld Type Pressure Pumping
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) Pressure Pumping in Oil and Gas Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Gas Industry
13.10.3 Chemical Industry
13.10.4 Other
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 Pressure Pumping in Oil and Gas Market: Competitive Dashboard
14.2 Global Pressure Pumping in Oil and Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE(Baker Hughes)
14.3.2 Halliburton
14.3.3 National Oil Varco
14.3.4 Schlumberger
14.3.5 Weatherford International
14.3.6 Calfrac Well Services
14.3.7 Frac Tech Services
14.3.8 Sanjel
14.3.9 Trican
14.3.10 GE(Baker Hughes)
