03 October 2019
Visiongain’s new report the Natural Gas Hydraulic Fracturing (Fracking) Market Report 2019-2029 indicates that the global Natural Gas Hydraulic Fracturing market will see $30.5 bn in spending in 2019.
The lead analyst of the report said: "The global natural gas hydraulic fracturing market is majorly driven by increasing demand for oil and gas, and various benefits offered by this technique. Hydraulic fracturing is frequently used to enhance oil and gas production from underground rock formations and is one of many activities that occur during the life of an oil and gas production well. Increasing investment towards exploration and production of unconventional resources due to rising concern towards rapid depletion of conventional resources will drive the hydraulic fracturing market size during the forecast period. Additionally, growing petroleum demand, rapid infrastructure development and demographics will boost the growth of the market. Increasing exploration and production of unconventional resources including shale gas coupled with availability of resources and advanced technology may favour growth."
The 137-page report contains 130 tables, charts and graphs that add visual analysis in order to explain developing trends within the Natural Gas Hydraulic Fracturing market. Visiongain provides forecasts for the period 2019-2029 for the leading Natural Gas Hydraulic Fracturing Market.
The report also offers market forecasts and analysis for 18 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 16 companies leading the field in Natural Gas Hydraulic Fracturing and 30 interviews with industry executives and experts from prominent companies.
The Natural Gas Hydraulic Fracturing report will be of value to anyone who wants to better understand the Natural Gas Hydraulic Fracturing market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Natural Gas Hydraulic Fracturing industry.
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