Regulatory support in the form of tax benefits and financial incentives, particularly in North America and Asia Pacific is expected to drive the global hydraulic fracturing market over the next six years. More Information visit http://www.grandviewresearch.com/industry-analysis/hydraulic-fracturing-market

1. Global Hydraulic Fracturing Market By Technology (Plug & Perf, Sliding Sleeve), By Material (Proppant), By Application (Shale Gas, Tight Gas, Tight Oil, CBM) Expected To Reach USD 90.55 Billion By 2020: Grand View Research, Inc.
Global hydraulic fracturing market revenue growth by application, 2012-2014 (USD Million)
Further key findings from the study suggest:
 Global hydraulic fracturing market was valued at USD 41.62 billion in 2013 and is expected to reach USD 90.55 billion by 2020, growing at a CAGR of 11.8% from 2014 to 2020.
 Proppants are one of the most important materials used for carrying out hydraulic fracturing and accounted for 28.5% of total hydraulic fracturing market revenue in 2013. Sand proppants emerged as the leading proppant product segment and accounted for 45.6% of total market revenue in 2013. Ceramic is expected to be the fastest growing proppant product segment at an estimated CAGR of 10.6% from 2014 to 2020.
 Shale gas emerged as the leading application segment and accounted for 28.3% of total market revenue in 2013. Shale gas is also expected to be the fastest growing application segment at an estimated CAGR of 13.7% from 2014 to 2020. Shale gas boom in the U.S. and rapidly developing shale gas reserves in China is expected to drive the demand for hydraulic fracturing in this segment.

2.  North America continued its dominance in the global hydraulic fracturing market and accounted for 88.8% of total market revenue in 2013. Increasing acreages in shale basins in U.S. and Canada coupled with government support for hydraulic fracturing has contributed to the growth of hydraulic fracturing in the region. Asia Pacific is expected to be a high-growth regional market, at an estimated CAGR of 19.1% from 2014 to 2020. Increasing E&P activities in unconventional oil & gas reserves, especially in China is expected to drive the regional hydraulic fracturing market.
 The global hydraulic fracturing market is moderately fragmented with the top four companies including Schlumberger, Halliburton, Baker Hughes and FTS International accounted for just over 55% of the global market in 2013. Other significant companies operating in the market include Weatherford International, Calfrac Well Services, Cudd Energy, Superior Well Services, Talcrom Services, Trican Well Services and United Oilfield Services.
Request free sample of this Report @ http://www.grandviewresearch.com/industry- analysis/hydraulic-fracturing-market/request For the purpose of this study, Grand View Research has segmented the hydraulic fracturing market on the basis of technology, material, application and region: • Global Hydraulic Fracturing Technology Outlook (Revenue, USD Million, 2012 - 2020) • Plug & Perf • Sliding Sleeve • Global Hydraulic Fracturing Material Outlook (Revenue, USD Million, 2012 - 2020) • Proppant • Sand • Ceramic • Resin Coated Sand • Others • Global Hydraulic Fracturing Application Outlook (Revenue, USD Million, 2012 - 2020) • Shale Gas • Tight Gas • Tight Oil
• CBM

3. • Others • Global Hydraulic Fracturing Regional Outlook (Revenue, USD Million, 2012 - 2020) • North America • Europe • Asia Pacific • RoW
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