The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Exploration operations in the oil, gas, and mining industries are projected to stimulate innovation in pressure pumping manufacturing, propelling the market over the forecast period.

The global pressure pumping market is expected to grow from $54.89 billion in 2022 to $57.68 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The global pressure pumping market size is expected to grow to $69.17 billion in 2027 at a CAGR of 4.6%.

Get A Free Sample On The Global Pressure Pumping Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9016&type=smp

Global Pressure Pumping Market Segments Include:

• By Pump Type: Dynamic, Positive Displacement
• By Pressure: Low, Medium, High
• By Application: Oil And Gas, Mining, Chemical, Municipalities, Marine, Automotive, Food And Beverage, Construction, Agriculture, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global pressure pumping market in 2021.

Major Market Players in the pressure pumping market include Baker Hughes Company, Halliburton Company, Trican Well Service Ltd., NexTier Oilfield Solutions, RPC Inc., FTS International Inc., Schlumberger Limited, NOV Inc., Calfrac Well Services Ltd.

Product innovations have emerged as the most popular trend in the pressure pumping sector. Major players in the pressure pumping industry are introducing new products to increase their market position. Waterjet Corporation, an Italian manufacturer and supplier of technologically superior machines and systems for high-pressure waterjet cutting and finishing, for example, introduced E-Drive Pro in 2022, a unique high efficiency (90%) 100% electric servo intensifier pump. The E-Drive Pro’s unique qualities include its capacity to tolerate great physical stress, deliver a pressure of 6,500 bars, and boost the pressure to 6,000 bars with 90% efficiency.

The Pressure Pumping Global Market Report 2023  provides a pressure pumping market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pressure pumping market forecast analyzes pressure pumping market size, pressure pumping market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Pressure pumping is a technique for propagating a fracture through many rock strata by injecting pressure fracturing fluid into a wellbore. A pressure pump can be used to transport water from point A to point B or in any other situation that requires a higher flow rate or increased water pressure.

Explore Similar Reports From The Business Research Company:

Pressure Sensor Global Market Report 2023

Pressure Vessel Global Market Report 2023

Pressure Transducer Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: