Frac Services Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Fracturing refers to a method of using hydraulic action (injecting fracturing fluid into an oil and gas well and forming a high pressure) to form a crack in the oil and gas layer. Its main role is to increase the seepage capacity of oil and gas and increase oil and gas production.
This report elaborates the market size, market characteristics, and market growth of the Frac Services industry, and breaks down according to the type, application, and consumption area of Frac Services. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Frac Services in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Frac Services market covered in Chapter 13:
Schlumberger
FTS International
Keane Group
Calfrac Well Services
Baker Hughes
Halliburton
In Chapter 6, on the basis of types, the Frac Services market from 2015 to 2025 is primarily split into:
Fracturing Equipment
Fracturing Consumables
Services
In Chapter 7, on the basis of applications, the Frac Services market from 2015 to 2025 covers:
Onshore
Offshore
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Frac Services Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Frac Services Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Frac Services Market Forces
3.1 Global Frac Services Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Frac Services Market - By Geography
4.1 Global Frac Services Market Value and Market Share by Regions
4.1.1 Global Frac Services Value ($) by Region (2015-2020)
4.1.2 Global Frac Services Value Market Share by Regions (2015-2020)
4.2 Global Frac Services Market Production and Market Share by Major Countries
4.2.1 Global Frac Services Production by Major Countries (2015-2020)
4.2.2 Global Frac Services Production Market Share by Major Countries (2015-2020)
4.3 Global Frac Services Market Consumption and Market Share by Regions
4.3.1 Global Frac Services Consumption by Regions (2015-2020)
4.3.2 Global Frac Services Consumption Market Share by Regions (2015-2020)
5 Frac Services Market - By Trade Statistics
5.1 Global Frac Services Export and Import
5.2 United States Frac Services Export and Import (2015-2020)
5.3 Europe Frac Services Export and Import (2015-2020)
5.4 China Frac Services Export and Import (2015-2020)
5.5 Japan Frac Services Export and Import (2015-2020)
5.6 India Frac Services Export and Import (2015-2020)
5.7
6 Frac Services Market - By Type
6.1 Global Frac Services Production and Market Share by Types (2015-2020)
6.1.1 Global Frac Services Production by Types (2015-2020)
6.1.2 Global Frac Services Production Market Share by Types (2015-2020)
6.2 Global Frac Services Value and Market Share by Types (2015-2020)
6.2.1 Global Frac Services Value by Types (2015-2020)
6.2.2 Global Frac Services Value Market Share by Types (2015-2020)
6.3 Global Frac Services Production, Price and Growth Rate of Fracturing Equipment (2015-2020)
6.4 Global Frac Services Production, Price and Growth Rate of Fracturing Consumables (2015-2020)
6.5 Global Frac Services Production, Price and Growth Rate of Services (2015-2020)
7 Frac Services Market - By Application
7.1 Global Frac Services Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Frac Services Consumption by Applications (2015-2020)
7.1.2 Global Frac Services Consumption Market Share by Applications (2015-2020)
7.2 Global Frac Services Consumption and Growth Rate of Onshore (2015-2020)
7.3 Global Frac Services Consumption and Growth Rate of Offshore (2015-2020)
8 North America Frac Services Market
8.1 North America Frac Services Market Size
8.2 United States Frac Services Market Size
8.3 Canada Frac Services Market Size
8.4 Mexico Frac Services Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Frac Services Market Analysis
9.1 Europe Frac Services Market Size
9.2 Germany Frac Services Market Size
9.3 United Kingdom Frac Services Market Size
9.4 France Frac Services Market Size
9.5 Italy Frac Services Market Size
9.6 Spain Frac Services Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Frac Services Market Analysis
10.1 Asia-Pacific Frac Services Market Size
10.2 China Frac Services Market Size
10.3 Japan Frac Services Market Size
10.4 South Korea Frac Services Market Size
10.5 Southeast Asia Frac Services Market Size
10.6 India Frac Services Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Frac Services Market Analysis
11.1 Middle East and Africa Frac Services Market Size
11.2 Saudi Arabia Frac Services Market Size
11.3 UAE Frac Services Market Size
11.4 South Africa Frac Services Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Frac Services Market Analysis
12.1 South America Frac Services Market Size
12.2 Brazil Frac Services Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Schlumberger
13.1.1 Schlumberger Basic Information
13.1.2 Schlumberger Product Profiles, Application and Specification
13.1.3 Schlumberger Frac Services Market Performance (2015-2020)
13.2 FTS International
13.2.1 FTS International Basic Information
13.2.2 FTS International Product Profiles, Application and Specification
13.2.3 FTS International Frac Services Market Performance (2015-2020)
13.3 Keane Group
13.3.1 Keane Group Basic Information
13.3.2 Keane Group Product Profiles, Application and Specification
13.3.3 Keane Group Frac Services Market Performance (2015-2020)
13.4 Calfrac Well Services
13.4.1 Calfrac Well Services Basic Information
13.4.2 Calfrac Well Services Product Profiles, Application and Specification
13.4.3 Calfrac Well Services Frac Services Market Performance (2015-2020)
13.5 Baker Hughes
13.5.1 Baker Hughes Basic Information
13.5.2 Baker Hughes Product Profiles, Application and Specification
13.5.3 Baker Hughes Frac Services Market Performance (2015-2020)
13.6 Halliburton
13.6.1 Halliburton Basic Information
13.6.2 Halliburton Product Profiles, Application and Specification
13.6.3 Halliburton Frac Services Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Frac Services Market Forecast (2020-2025)
14.2 Europe Frac Services Market Forecast (2020-2025)
14.3 Asia-Pacific Frac Services Market Forecast (2020-2025)
14.4 Middle East and Africa Frac Services Market Forecast (2020-2025)
14.5 South America Frac Services Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Frac Services Market Forecast by Types (2020-2025)
15.1.1 Global Frac Services Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Frac Services Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Frac Services Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Frac Services Picture
Table Frac Services Key Market Segments
Figure Study and Forecasting Years
Figure Global Frac Services Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Frac Services Value ($) and Growth Rate (2015-2020)
Table Global Frac Services Value ($) by Countries (2015-2020)
Table Global Frac Services Value Market Share by Regions (2015-2020)
Figure Global Frac Services Value Market Share by Regions in 2019
Figure Global Frac Services Production and Growth Rate (2015-2020)
Table Global Frac Services Production by Major Countries (2015-2020)
Table Global Frac Services Production Market Share by Major Countries (2015-2020)
Figure Global Frac Services Production Market Share by Regions in 2019
Figure Global Frac Services Consumption and Growth Rate (2015-2020)
Table Global Frac Services Consumption by Regions (2015-2020)
Table Global Frac Services Consumption Market Share by Regions (2015-2020)
Figure Global Frac Services Consumption Market Share by Regions in 2019
Table Global Frac Services Export Top 3 Country 2019
Table Global Frac Services Import Top 3 Country 2019
Table United States Frac Services Export and Import (2015-2020)
Table Europe Frac Services Export and Import (2015-2020)
Table China Frac Services Export and Import (2015-2020)
Table Japan Frac Services Export and Import (2015-2020)
Table India Frac Services Export and Import (2015-2020)
Table Global Frac Services Production by Types (2015-2020)
Table Global Frac Services Production Market Share by Types (2015-2020)
Figure Global Frac Services Production Share by Type (2015-2020)
Table Global Frac Services Value by Types (2015-2020)
Table Global Frac Services Value Market Share by Types (2015-2020)
Figure Global Frac Services Value Share by Type (2015-2020)
Figure Global Fracturing Equipment Production and Growth Rate (2015-2020)
Figure Global Fracturing Equipment Price (2015-2020)
Figure Global Fracturing Consumables Production and Growth Rate (2015-2020)
Figure Global Fracturing Consumables Price (2015-2020)
Figure Global Services Production and Growth Rate (2015-2020)
Figure Global Services Price (2015-2020)
Table Global Frac Services Consumption by Applications (2015-2020)
Table Global Frac Services Consumption Market Share by Applications (2015-2020)
Figure Global Frac Services Consumption Share by Application (2015-2020)
Figure Global Onshore Consumption and Growth Rate (2015-2020)
Figure Global Offshore Consumption and Growth Rate (2015-2020)
Figure North America Frac Services Market Consumption and Growth Rate (2015-2020)
Table North America Frac Services Consumption by Countries (2015-2020)
Table North America Frac Services Consumption Market Share by Countries (2015-2020)
Figure North America Frac Services Consumption Market Share by Countries (2015-2020)
Figure United States Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Canada Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Mexico Frac Services Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Frac Services Market Consumption and Growth Rate (2015-2020)
Table Europe Frac Services Consumption by Countries (2015-2020)
Table Europe Frac Services Consumption Market Share by Countries (2015-2020)
Figure Europe Frac Services Consumption Market Share by Countries (2015-2020)
Figure Germany Frac Services Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Frac Services Market Consumption and Growth Rate (2015-2020)
Figure France Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Italy Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Spain Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Frac Services Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Frac Services Consumption by Countries (2015-2020)
Table Asia-Pacific Frac Services Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Frac Services Consumption Market Share by Countries (2015-2020)
Figure China Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Japan Frac Services Market Consumption and Growth Rate (2015-2020)
Figure South Korea Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Frac Services Market Consumption and Growth Rate (2015-2020)
Figure India Frac Services Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Frac Services Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Frac Services Consumption by Countries (2015-2020)
Table Middle East and Africa Frac Services Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Frac Services Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Frac Services Market Consumption and Growth Rate (2015-2020)
Figure UAE Frac Services Market Consumption and Growth Rate (2015-2020)
Figure South Africa Frac Services Market Consumption and Growth Rate (2015-2020)
Figure South America Frac Services Market Consumption and Growth Rate (2015-2020)
Table South America Frac Services Consumption by Countries (2015-2020)
Table South America Frac Services Consumption Market Share by Countries (2015-2020)
Figure South America Frac Services Consumption Market Share by Countries (2015-2020)
Figure Brazil Frac Services Market Consumption and Growth Rate (2015-2020)
Table Schlumberger Company Profile
Table Schlumberger Production, Value, Price, Gross Margin 2015-2020
Figure Schlumberger Production and Growth Rate
Figure Schlumberger Value ($) Market Share 2015-2020
Table FTS International Company Profile
Table FTS International Production, Value, Price, Gross Margin 2015-2020
Figure FTS International Production and Growth Rate
Figure FTS International Value ($) Market Share 2015-2020
Table Keane Group Company Profile
Table Keane Group Production, Value, Price, Gross Margin 2015-2020
Figure Keane Group Production and Growth Rate
Figure Keane Group Value ($) Market Share 2015-2020
Table Calfrac Well Services Company Profile
Table Calfrac Well Services Production, Value, Price, Gross Margin 2015-2020
Figure Calfrac Well Services Production and Growth Rate
Figure Calfrac Well Services Value ($) Market Share 2015-2020
Table Baker Hughes Company Profile
Table Baker Hughes Production, Value, Price, Gross Margin 2015-2020
Figure Baker Hughes Production and Growth Rate
Figure Baker Hughes Value ($) Market Share 2015-2020
Table Halliburton Company Profile
Table Halliburton Production, Value, Price, Gross Margin 2015-2020
Figure Halliburton Production and Growth Rate
Figure Halliburton Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Frac Services Market Forecast Production by Types (2020-2025)
Table Global Frac Services Market Forecast Production Share by Types (2020-2025)
Table Global Frac Services Market Forecast Value ($) by Types (2020-2025)
Table Global Frac Services Market Forecast Value Share by Types (2020-2025)
Table Global Frac Services Market Forecast Consumption by Applications (2020-2025)
Table Global Frac Services Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|