MarketsandMarkets: Global Hydraulic Fracturing Market Worth $64 Billion by 2017

Description

MarketsandMarkets: Global Hydraulic Fracturing Market Worth $64 Billion by 2017 PR Newswire DALLAS, August 7, 2012 DALLAS, August 7, 2012 /PRNewswire/ -- According to a new market research report, "Hydraulic Fracturing Market by Resource & Well Type - Global Trends & Forecasts up till 2017" published by MarketsandMarkets (http://www.marketsandmarkets.com), the global hydraulic fracturing market will grow from its estimated $31 billion in 2011. This value is expected to increase from $40 billion in 2012 to $64 billion by 2017, with 10% CAGR during the same period. North America is expected to lead the global hydraulic fracturing production market in terms of hydraulic horse power supplied by the year 2011. Browse 78 market data tables with 20 figures spread across 195 pages and in-depth TOC "Hydraulic Fracturing Market by Resource & Well Type -Global Trends & Forecasts up till 2017": http://www.marketsandmarkets.com/Market-Reports/hydraulic-fracturing- market-745.html Early buyers will receive 10% customization of report. The major drivers for the hydraulic fracturing market are the fact that the technology increases production rate and adds to recoverable reserves; provides access to an energy strategy shift through natural gas and energy security by domestic supply. Water availability and public opposition are seen as major restraints to the hydraulic fracturing market. North America holds major market shares in the global hydraulic fracturing market.

Informations

• Publié par: marketsandmarkets
• Nombre de lectures: 7
• Langue: English

Extrait