Pressure Pumping Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027

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Pressure Pumping MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Pressure pumping market size is forecast to reach
  US71.3 billion by 2027, after growing at a CAGR
  of 6.4 during 2022-2027. Globally, the
  increasing need for pumps as an essential
  component of manufacturing units that enable
  water supply and all fluid flow operations in the
  agriculture, mining, oil, and gas industries is
  driving the market growth. Workover pumping,
  wireline intervention, acidization, cementing
  well injection, pressurized fluid pumping, and
  coiled tubing are all pressure pumping services.
  It is widely used in the end-use industries.
  Moreover, the increasing usage of pressure pumps
  in the automotive industry for water cooling and
  fuel injection has driven the demand for pressure
  pumping products. 

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• Key Takeaways
• The North American region dominated the pressure
  pumping market due to the rising growth of the
  building and construction activities. For
  instance according to the Office for National
  Statistics, in Great Britain, there is seen
  positive growth in the new housing construction
  orders in both public and private sectors. In the
  UK, monthly construction production grew by a
  record 23.5 percent in June 2020 dramatically
  higher than the previous record monthly growth of
  7.6 percent in May 2020.
• An increase in demand for single-stage
  centrifugal pumps in the oil gas industry most
  commonly to transfer low-viscosity fluids at high
  flow rates is one of the primary factors driving
  the growth of the market.

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By Distribution Channel- Segment Analysis The oil
gas sector dominated the pressure pumping
market with 24.3 in 2021 and is projected to
grow at a CAGR of 6.9 during 2022-2027. The most
prevalent types of pumps used in the oil and gas
sector are centrifugal pumps. Centrifugal pumps
employ centrifugal force, which is generated by
the rotation of the pump impeller, to draw fluid
into the pump's intake and propel it through the
discharge section. They're usually part of a
bigger pump network that includes horizontal
multistage pump units for crude oil shipment or
water injection pumps for secondary oil and gas
recovery.
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• Pressure Pumping
  Market Outlook 
•   Halliburton
• Baker Hughes
• Patterson-UTI Energy, Inc.
• Trican
• Caterpillar Inc.
• Superior Energy Services, Inc.
• Calfrac Well Services Ltd.
•  ProPetro Holding Corp.
• CJ Energy Services, Inc.
• RPC Inc.
• NexTier Oilfield Solutions Inc.
• FTS International
•  

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Pressure Pumping Market -
Forecast 2022-2027 Learn More About the Report
_at_ https//www.industryarc.com/Research/Pressure
-Pumping-Market-Research-503512
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• Analyst Briefing
• Data Tables
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