Absolute Markets Insights has announced the addition of new statistical data titled as, Pressure Pumping Market. It is scrutinized with various aspects of the existing industries such as types, size, application, and end-users. The internal and external factors which are responsible for driving or restraining the growth of the industries have been covered to know the upstream and downstream of the businesses. The turning point of the industries has been presented by giving effective approaches to discover global customers massively. Different models for the evaluation of the risks and challenges are listed, which helps to find the desired solutions for improving the performance of the industries.
The major key pillars for global Pressure Pumping market are listed below: Alamo Pressure Pumping, LLC., Axis Energy Services, LLC., Go Wireline, Graco Oilfield Services, Lightning Energy, MAMMOTH ENERGY SERVICES INC., National Energy Services Reunited Corp., National Oilwell Varco, P W Well Services Ltd., Patterson-UTI Energy, Inc., Presure Pumping Services, RPC, Inc. (Cudd Energy Services), Sprint Oil & Gas Services (DMCC), Westwood Global Energy Limited, Dencil Pumps
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Pressure pumping has been notable for various end users operating across various industry verticals. The use of pressure pumping has been observed to be in applications ranging from furnace fuel oil injection, water / effluent injection, hydraulic testing, and oil / chemical handling among others. The higher contribution of the market offerings has been observed in the oil and gas industry. The sector works with fluids at variable depths in the sea or in subsurface conditions on land. Services from the market have been helpful in discovering oil reserves or in allowing water to flow into cracks or fractures for the discovery of gas. Notable market offerings for these processes include chemical and oil handling, and water or effluent injection among others. These factors are expected to aid the demand for market offerings over the near future.
Pressure pumping services are vital for the operations of the oil and natural gas producing companies. The companies are utilizing pumps that are able to operate in various directions including horizontal, vertical and directional forms. Depending on the depth/width required to reach the shale reserves in various regions, the demand for pumps has been changing over the years. The various pump types have been helpful in various stages of the pumping processes depending on the position of the company in the well. The optimal operations of the pumps are observed to become vital components in the pressure pumping operations and are expected to have steady demand for the market offerings in the near future.
Pressure pumping operations have to be undertaken with prime movers with high power requirements. Market participants have been provided numerous power drives for pressure pumping applications ranging from electric motor, and diesel engine, among others. Depending on the requirements of the pumping operations, users have been opting for fuel based power drives. Electric motors have been growing in terms of adoption in pressure pumping applications primarily due to the instant torque available from the motors in the initial stages of pressure pumping processes. The demand for power drives is expected to grow over the forecast period owing to increasing fracking initiatives across newer markets around the world.
Pressure Pumping Market Segmentation:
By Application
- Furnace Fuel Oil Injection
- Water / Effluent Injection
- Hydraulic Testing
- Crude Oil Dispatch
- Oil / Chemical Handling
- Cementing
- Others
By Pump Type
- Horizontal
- Vertical
- Directional
By Power Drive
- Electric Motor
- Diesel Engine
- Gas Engine
By Mounting
- Base Plate
- Skid
- Trolley
By Power End Connection
- Pulley Driven
- Gear Box Reduction
By End Users
- Residential
- Commercial
- Corporates
- Fire Fighting Systems
- Malls and Hotels
- Colleges and Schools
- Hot Water Circulation
- Hydraulic Power Plants
- Steam Boilers
- Hilly Area Water Supply
- Sprinkler System
- Booster Service
- Reverse Osmosis
- Condensate Transfer
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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