Pressure Pump Market amounting to $116.15 Billion by 2018

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MarketsandMarkets Presents
Pressure Pump Market amounting to 116.15 Billion
by 2018
http//www.marketsandmarkets.com/Market-Reports/pr
essure-pumping-services-market-18841018.html
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The report Pressure Pump Market by Types
(Hydraulic Fracturing, Cementing, Others), North
America Resource Type (Conventional,
Unconventional), North America Well Type
(Horizontal, Vertical), Geography - Global
Trends Forecasts to 2018 defines and segments
the Pressure Pump Market with an analysis and
forecast of the global revenue and hydraulic
horse power consumed. Browse gtgt
90 Data Tables 31 Figures 232 Pages
and in-depth TOC on Pressure Pump Market
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this report.
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The Pressure Pump Market is likely to grow
reasonably in the upcoming years. The long-term
drivers of the Pressure Pump Market are well
known. The relentless depletion of onshore and
shallow water fields has compelled oil companies
to focus on deep water and unconventional onshore
areas where various pressure pumping services are
required in order to produce hydrocarbons.   The
major drivers for the Pressure Pump Market are
increase in the production rate, new additions to
recoverable reserves, energy strategy shift
towards gas, and energy security by domestic
supply. Water availability and public outcry are
seen as major restraints to the pressure pumping
market. North America holds a major market share
in the global pressure pumping market. Research
and development initiatives by the American
Government and favorable regulatory conditions
have helped the American market grow to this
level of being the market leader in pressure
pumping.
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essure-pumping-services-market-18841018.html
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The market has been estimated from the demand
point of view. This report breaks the market into
smaller service segments. In order to provide a
deeper understanding of the competitive
landscape, the report profiles 10 companies in
the pressure pumping market.   The global
Pressure Pump Market will grow from an estimated
55.0billion in 2013. This value is expected to
increase to 116.15 billion by 2018at a CAGR
of16.1 during the same period. North America is
expected to lead the global Pressure Pump Market
with a share of nearly 80 in terms of hydraulic
horse power that will be supplied by 2018.
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essure-pumping-services-market-18841018.html
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