North America Pressure Pumping Market- Industry Insights, and Outlook 2025

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Pressure Pumping Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2017-2025

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REPORT DESCRIPTION
Pressure Pumping Market Overview
Pressure pumping involves propagation of cracks
and fractures through rocks by using pressurized
fracturing fluid and pumping cement into well
bore to complete it. Pressure pumping is required
for stimulation, completion, intervention and
other processes related to well lifecycle. It is
used for extraction of resources from resources
such as tight gas, shell gas, and unconventional
liquids. They are mainly used for extraction of
resources that are difficult to recover by
regular drilling and low permeability reserves.
Pressure pumping services are primarily used by
sand control services, acidizing services,
cementing services and hydraulic fracturing
services. The advantage of using pressure pumping
services is the enhancement of productivity of
reserves which, in turn, improves asset value and
investment return. The increasing energy
requirements, availability of advanced technology
and increasing investments in unconventional and
offshore exploration are expected to drive the
pressure pumping market in North America. The
growing concern about the environmental damage
caused by pressure pumping such as seismic
activities and water contamination are the major
factors hindering the growth of pressure pumping
market.
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REPORT DESCRIPTION

• North America Pressure Pumping -Market Taxonomy
• On the basis of well type, the North America
  pressure pumping market is segmented into
• Vertical Wells
• Horizontal Wells
• On the basis of service type, the North America
  pressure pumping market is segmented into
• Cementing Services
• Remedial cementing
• Primary cementing
• Hydraulic fracturing
• Others
• On the basis of resources type, the North America
  pressure pumping market is segmented into
• Unconventional
• Conventional
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REPORT DESCRIPTION
North America Pressure Pumping -Market
Outlook The pressure drilling market is largest
in U.S., due to rising shale gas plays and
increasing oil and gas exploration. According to
Annual Energy Outlook 2017, published by U.S.
Energy Information Administration, the natural
gas production may account for 40 of U.S. energy
production by 2040, which will augment pressure
pumping market. However, the increasing
environmental concerns will restrain the growth
of pressure pumping market in U.S. The oil and
gas industry in Canada has a lucrative growth,
due to increased exploration, drilling,
production, refining activities. Furthermore,
advancement in science and technology,
availability of experienced financing institutes
for oil and gas sector, abundant resources, and
proficiency in remote location operation are
factors fueling the growth of oil and gas
industry which, in turn, is propelling pressure
pumping market growth in Canada. According to
Natural Resources Canada, oil sands production is
estimated to double to 3 mb/d by 2020, while
production of crude oil from oil sands will
exceed 4.5mb/d by 2025. This will augment the
demand for pressure pumping in Canada. To Get
Discount on this Report https//www.coherentmarke
tinsights.com/insight/request-discount/877
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