Global Frac Services Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
Frac Services Market Overview
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.
COVID-19 Impact on Frac Services:
The World Health Organization declared the COVID-19 virus outbreak in December 2019 to be a public health emergency. The disease has spread to over 100 nations and resulted in tremendous deaths all across the world. Global industrial, tourism and financial markets have been particularly heavily damaged. The downward pressure on the global economy, which had previously shown signs of recovery, has grown once more. The spread of the virus has added dangerous factors to the global economy's already sluggish development. Various international agencies have stated that the global economy is experiencing its most difficult moment since the financial crisis. The global economic situation is bleak. The global economic situation is bleak. The coronavirus's negative global effects are already evident, and they will have a considerable impact on the Frac Services in 2020.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2016-2027. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
By Product Type, Frac Services has been segmented into:
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Regions and Countries Level Analysis:
North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa were the regions analyzed by the experts. This section contains data about each region's and country's potential for growth. This data will aid players in identifying lucrative places and planning their future activities and investments accordingly. The market size and demand numbers for each region and country for the period 2016-2020 will also be available to the readers.
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Competitive Outlook
The analysts have conducted a thorough examination of the major competitors in the market and the methods they are employing to combat the strong competition in this section of the report. This section also includes company profiles and share analyses for the major companies. In addition, the experts conducted a comprehensive SWOT analysis of each player. They've also published manufacturers' sales and revenue data for the years 2016 through 2021. With the help of this report, key players, stakeholders, and other participants will be able to remain on top of recent and upcoming business changes, allowing them to make more informed decisions.
Table of Content
1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Frac Services Market Size
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis
2. Market Dynamics
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Market Trends
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact
3 Associated Industry Assessment
3.1 Supply Chain Analysis
3.2 Industry Active Participants
3.2.1 Suppliers of Raw Materials
3.2.2 Key Distributors/Retailers
3.3 Alternative Analysis
3.4 The Impact of Covid-19 From the Perspective of Industry Chain
4 Market Competitive Landscape
4.1 Industry Leading Players
4.2 Industry News
4.2.1 Key Product Launch News
4.2.2 M&A and Expansion Plans
5 Analysis of Leading Companies
5.1 Halliburton
5.1.1 Halliburton Company Profile
5.1.2 Halliburton Business Overview
5.1.3 Halliburton Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.1.4 Halliburton Frac Services Products Introduction
5.2 FTS International
5.2.1 FTS International Company Profile
5.2.2 FTS International Business Overview
5.2.3 FTS International Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.2.4 FTS International Frac Services Products Introduction
5.3 Schlumberger
5.3.1 Schlumberger Company Profile
5.3.2 Schlumberger Business Overview
5.3.3 Schlumberger Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.3.4 Schlumberger Frac Services Products Introduction
5.4 Calfrac Well Services
5.4.1 Calfrac Well Services Company Profile
5.4.2 Calfrac Well Services Business Overview
5.4.3 Calfrac Well Services Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.4.4 Calfrac Well Services Frac Services Products Introduction
5.5 Keane Group
5.5.1 Keane Group Company Profile
5.5.2 Keane Group Business Overview
5.5.3 Keane Group Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.5.4 Keane Group Frac Services Products Introduction
5.6 Baker Hughes
5.6.1 Baker Hughes Company Profile
5.6.2 Baker Hughes Business Overview
5.6.3 Baker Hughes Frac Services Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.6.4 Baker Hughes Frac Services Products Introduction
6 Market Analysis and Forecast, By Product Types
6.1 Global Frac Services Sales, Revenue and Market Share by Types (2015-2020)
6.1.1 Global Frac Services Sales and Market Share by Types (2015-2020)
6.1.2 Global Frac Services Revenue and Market Share by Types (2015-2020)
6.1.3 Global Frac Services Price by Types (2015-2020)
6.2 Global Frac Services Market Forecast by Types (2020-2025)
6.2.1 Global Frac Services Market Forecast Sales and Market Share by Types (2020-2025)
6.2.2 Global Frac Services Market Forecast Revenue and Market Share by Types (2020-2025)
6.3 Global Frac Services Sales, Price and Growth Rate by Types (2015-2020)
6.3.1 Global Frac Services Sales, Price and Growth Rate of Fracturing Equipment
6.3.2 Global Frac Services Sales, Price and Growth Rate of Fracturing Consumables
6.3.3 Global Frac Services Sales, Price and Growth Rate of Services
6.4 Global Frac Services Market Revenue and Sales Forecast, by Types (2020-2025)
6.4.1 Fracturing Equipment Market Revenue and Sales Forecast (2020-2025)
6.4.2 Fracturing Consumables Market Revenue and Sales Forecast (2020-2025)
6.4.3 Services Market Revenue and Sales Forecast (2020-2025)
7 Market Analysis and Forecast, By Applications
7.1 Global Frac Services Sales, Revenue and Market Share by Applications (2015-2020)
7.1.1 Global Frac Services Sales and Market Share by Applications (2015-2020)
7.1.2 Global Frac Services Revenue and Market Share by Applications (2015-2020)
7.2 Global Frac Services Market Forecast by Applications (2020-2025)
7.2.1 Global Frac Services Market Forecast Sales and Market Share by Applications (2020-2025)
7.2.2 Global Frac Services Market Forecast Revenue and Market Share by Applications (2020-2025)
7.3 Global Revenue, Sales and Growth Rate by Applications (2015-2020)
7.3.1 Global Frac Services Revenue, Sales and Growth Rate of Onshore (2015-2020)
7.3.2 Global Frac Services Revenue, Sales and Growth Rate of Offshore (2015-2020)
7.4 Global Frac Services Market Revenue and Sales Forecast, by Applications (2020-2025)
7.4.1 Onshore Market Revenue and Sales Forecast (2020-2025)
7.4.2 Offshore Market Revenue and Sales Forecast (2020-2025)
8 Market Analysis and Forecast, By Regions
8.1 Global Frac Services Sales by Regions (2015-2020)
8.2 Global Frac Services Market Revenue by Regions (2015-2020)
8.3 Global Frac Services Market Forecast by Regions (2020-2025)
9 North America Frac Services Market Analysis
9.1 Market Overview and Prospect Analysis
9.2 North America Frac Services Market Sales and Growth Rate (2015-2020)
9.3 North America Frac Services Market Revenue and Growth Rate (2015-2020)
9.4 North America Frac Services Market Forecast
9.5 The Influence of COVID-19 on North America Market
9.6 North America Frac Services Market Analysis by Country
9.6.1 U.S. Frac Services Sales and Growth Rate
9.6.2 Canada Frac Services Sales and Growth Rate
9.6.3 Mexico Frac Services Sales and Growth Rate
10 Europe Frac Services Market Analysis
10.1 Market Overview and Prospect Analysis
10.2 Europe Frac Services Market Sales and Growth Rate (2015-2020)
10.3 Europe Frac Services Market Revenue and Growth Rate (2015-2020)
10.4 Europe Frac Services Market Forecast
10.5 The Influence of COVID-19 on Europe Market
10.6 Europe Frac Services Market Analysis by Country
10.6.1 Germany Frac Services Sales and Growth Rate
10.6.2 United Kingdom Frac Services Sales and Growth Rate
10.6.3 France Frac Services Sales and Growth Rate
10.6.4 Italy Frac Services Sales and Growth Rate
10.6.5 Spain Frac Services Sales and Growth Rate
10.6.6 Russia Frac Services Sales and Growth Rate
11 Asia-Pacific Frac Services Market Analysis
11.1 Market Overview and Prospect Analysis
11.2 Asia-Pacific Frac Services Market Sales and Growth Rate (2015-2020)
11.3 Asia-Pacific Frac Services Market Revenue and Growth Rate (2015-2020)
11.4 Asia-Pacific Frac Services Market Forecast
11.5 The Influence of COVID-19 on Asia Pacific Market
11.6 Asia-Pacific Frac Services Market Analysis by Country
11.6.1 China Frac Services Sales and Growth Rate
11.6.2 Japan Frac Services Sales and Growth Rate
11.6.3 South Korea Frac Services Sales and Growth Rate
11.6.4 Australia Frac Services Sales and Growth Rate
11.6.5 India Frac Services Sales and Growth Rate
12 South America Frac Services Market Analysis
12.1 Market Overview and Prospect Analysis
12.2 South America Frac Services Market Sales and Growth Rate (2015-2020)
12.3 South America Frac Services Market Revenue and Growth Rate (2015-2020)
12.4 South America Frac Services Market Forecast
12.5 The Influence of COVID-19 on South America Market
12.6 South America Frac Services Market Analysis by Country
12.6.1 Brazil Frac Services Sales and Growth Rate
12.6.2 Argentina Frac Services Sales and Growth Rate
12.6.3 Columbia Frac Services Sales and Growth Rate
13 Middle East and Africa Frac Services Market Analysis
13.1 Market Overview and Prospect Analysis
13.2 Middle East and Africa Frac Services Market Sales and Growth Rate (2015-2020)
13.3 Middle East and Africa Frac Services Market Revenue and Growth Rate (2015-2020)
13.4 Middle East and Africa Frac Services Market Forecast
13.5 The Influence of COVID-19 on Middle East and Africa Market
13.6 Middle East and Africa Frac Services Market Analysis by Country
13.6.1 UAE Frac Services Sales and Growth Rate
13.6.2 Egypt Frac Services Sales and Growth Rate
13.6.3 South Africa Frac Services Sales and Growth Rate
14 Conclusions and Recommendations
14.1 Key Market Findings and Prospects
14.2 Advice for Investors
15 Appendix
15.1 Methodology
15.2 Research Data Source
List of Tables and Figures
Figure Product Picture
Figure Global Frac Services Market Size and Growth Rate 2015-2025
Table Frac Services Key Market Segments
Figure Global Frac Services Market Revenue ($) Segment by Type from 2015-2020
Figure Global Frac Services Market Revenue ($) Segment by Applications from 2015-2020
Table SWOT Analysis
Figure Global COVID-19 Status
Figure Supply Chain
Table Major Players Headquarters, and Service Area of Frac Services
Table Major Players Revenue in 2019
Figure Major Players Revenue Share in 2019
Table Halliburton Company Profile
Table Halliburton Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Halliburton Production and Growth Rate
Figure Halliburton Market Revenue ($) Market Share 2015-2020
Table FTS International Company Profile
Table FTS International Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure FTS International Production and Growth Rate
Figure FTS International Market Revenue ($) Market Share 2015-2020
Table Schlumberger Company Profile
Table Schlumberger Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Schlumberger Production and Growth Rate
Figure Schlumberger Market Revenue ($) Market Share 2015-2020
Table Calfrac Well Services Company Profile
Table Calfrac Well Services Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Calfrac Well Services Production and Growth Rate
Figure Calfrac Well Services Market Revenue ($) Market Share 2015-2020
Table Keane Group Company Profile
Table Keane Group Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Keane Group Production and Growth Rate
Figure Keane Group Market Revenue ($) Market Share 2015-2020
Table Baker Hughes Company Profile
Table Baker Hughes Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Baker Hughes Production and Growth Rate
Figure Baker Hughes Market Revenue ($) Market Share 2015-2020
Table Global Frac Services Sales by Types (2015-2020)
Table Global Frac Services Sales Share by Types (2015-2020)
Table Global Frac Services Revenue ($) by Types (2015-2020)
Table Global Frac Services Revenue Share by Types (2015-2020)
Table Global Frac Services Price ($) by Types (2015-2020)
Table Global Frac Services Market Forecast Sales by Types (2020-2025)
Table Global Frac Services Market Forecast Sales Share by Types (2020-2025)
Table Global Frac Services Market Forecast Revenue ($) by Types (2020-2025)
Table Global Frac Services Market Forecast Revenue Share by Types (2020-2025)
Figure Global Fracturing Equipment Sales and Growth Rate (2015-2020)
Figure Global Fracturing Equipment Price (2015-2020)
Figure Global Fracturing Consumables Sales and Growth Rate (2015-2020)
Figure Global Fracturing Consumables Price (2015-2020)
Figure Global Services Sales and Growth Rate (2015-2020)
Figure Global Services Price (2015-2020)
Figure Global Frac Services Market Revenue ($) and Growth Rate Forecast of Fracturing Equipment (2020-2025)
Figure Global Frac Services Sales and Growth Rate Forecast of Fracturing Equipment (2020-2025)
Figure Global Frac Services Market Revenue ($) and Growth Rate Forecast of Fracturing Consumables (2020-2025)
Figure Global Frac Services Sales and Growth Rate Forecast of Fracturing Consumables (2020-2025)
Figure Global Frac Services Market Revenue ($) and Growth Rate Forecast of Services (2020-2025)
Figure Global Frac Services Sales and Growth Rate Forecast of Services (2020-2025)
Table Global Frac Services Sales by Applications (2015-2020)
Table Global Frac Services Sales Share by Applications (2015-2020)
Table Global Frac Services Revenue ($) by Applications (2015-2020)
Table Global Frac Services Revenue Share by Applications (2015-2020)
Table Global Frac Services Market Forecast Sales by Applications (2020-2025)
Table Global Frac Services Market Forecast Sales Share by Applications (2020-2025)
Table Global Frac Services Market Forecast Revenue ($) by Applications (2020-2025)
Table Global Frac Services Market Forecast Revenue Share by Applications (2020-2025)
Figure Global Onshore Sales and Growth Rate (2015-2020)
Figure Global Onshore Price (2015-2020)
Figure Global Offshore Sales and Growth Rate (2015-2020)
Figure Global Offshore Price (2015-2020)
Figure Global Frac Services Market Revenue ($) and Growth Rate Forecast of Onshore (2020-2025)
Figure Global Frac Services Sales and Growth Rate Forecast of Onshore (2020-2025)
Figure Global Frac Services Market Revenue ($) and Growth Rate Forecast of Offshore (2020-2025)
Figure Global Frac Services Sales and Growth Rate Forecast of Offshore (2020-2025)
Figure Global Frac Services Sales and Growth Rate (2015-2020)
Table Global Frac Services Sales by Regions (2015-2020)
Table Global Frac Services Sales Market Share by Regions (2015-2020)
Figure Global Frac Services Sales Market Share by Regions in 2019
Figure Global Frac Services Revenue and Growth Rate (2015-2020)
Table Global Frac Services Revenue by Regions (2015-2020)
Table Global Frac Services Revenue Market Share by Regions (2015-2020)
Figure Global Frac Services Revenue Market Share by Regions in 2019
Table Global Frac Services Market Forecast Sales by Regions (2020-2025)
Table Global Frac Services Market Forecast Sales Share by Regions (2020-2025)
Table Global Frac Services Market Forecast Revenue ($) by Regions (2020-2025)
Table Global Frac Services Market Forecast Revenue Share by Regions (2020-2025)
Figure North America Frac Services Market Sales and Growth Rate (2015-2020)
Figure North America Frac Services Market Revenue and Growth Rate (2015-2020)
Figure North America Frac Services Market Forecast Sales (2020-2025)
Figure North America Frac Services Market Forecast Revenue ($) (2020-2025)
Figure North America COVID-19 Status
Figure U.S. Frac Services Market Sales and Growth Rate (2015-2020)
Figure Canada Frac Services Market Sales and Growth Rate (2015-2020)
Figure Mexico Frac Services Market Sales and Growth Rate (2015-2020)
Figure Europe Frac Services Market Sales and Growth Rate (2015-2020)
Figure Europe Frac Services Market Revenue and Growth Rate (2015-2020)
Figure Europe Frac Services Market Forecast Sales (2020-2025)
Figure Europe Frac Services Market Forecast Revenue ($) (2020-2025)
Figure Europe COVID-19 Status
Figure Germany Frac Services Market Sales and Growth Rate (2015-2020)
Figure United Kingdom Frac Services Market Sales and Growth Rate (2015-2020)
Figure France Frac Services Market Sales and Growth Rate (2015-2020)
Figure Italy Frac Services Market Sales and Growth Rate (2015-2020)
Figure Spain Frac Services Market Sales and Growth Rate (2015-2020)
Figure Russia Frac Services Market Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Frac Services Market Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Frac Services Market Revenue and Growth Rate (2015-2020)
Figure Asia-Pacific Frac Services Market Forecast Sales (2020-2025)
Figure Asia-Pacific Frac Services Market Forecast Revenue ($) (2020-2025)
Figure Asia Pacific COVID-19 Status
Figure China Frac Services Market Sales and Growth Rate (2015-2020)
Figure Japan Frac Services Market Sales and Growth Rate (2015-2020)
Figure South Korea Frac Services Market Sales and Growth Rate (2015-2020)
Figure Australia Frac Services Market Sales and Growth Rate (2015-2020)
Figure India Frac Services Market Sales and Growth Rate (2015-2020)
Figure South America Frac Services Market Sales and Growth Rate (2015-2020)
Figure South America Frac Services Market Revenue and Growth Rate (2015-2020)
Figure South America Frac Services Market Forecast Sales (2020-2025)
Figure South America Frac Services Market Forecast Revenue ($) (2020-2025)
Figure Brazil Frac Services Market Sales and Growth Rate (2015-2020)
Figure Argentina Frac Services Market Sales and Growth Rate (2015-2020)
Figure Columbia Frac Services Market Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Frac Services Market Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Frac Services Market Revenue and Growth Rate (2015-2020)
Figure Middle East and Africa Frac Services Market Forecast Sales (2020-2025)
Figure Middle East and Africa Frac Services Market Forecast Revenue ($) (2020-2025)
Figure UAE Frac Services Market Sales and Growth Rate (2015-2020)
Figure Egypt Frac Services Market Sales and Growth Rate (2015-2020)
Figure South Africa Frac Services Market Sales and Growth Rate (2015-2020)
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) |
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| Influencing Factors |
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| Market Forecast (2021-2026) |
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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.
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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 |
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