Hydraulic Fracturing Market Likely to Boost Future Growth by 2028
Global Hydraulic Fracturing Market Overview
The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. Factors such as the growing demand for hydraulic fracturing technology with increasing requirements for energy are driving the growth of the hydraulic fracturing market.
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Hydraulic Fracturing Market: Trends, Opportunities and Competitive Analysis
New Revenue Pockets:
The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. Increasing shale exploration and production activities globally will positively impact the hydraulic fracturing market.
Hydraulic fracturing, also known as fracking, is a well-stimulation technique...