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Monday, 13 October 2014

Industry Trends - Hydraulic Fracturing Market To 2020 - Grand View Research, Inc


Plug & perf emerged as the leading technology used for hydraulic fracturing and accounted for 85.6% of total market revenue in 2013. Plug & perf is also expected to be the fastest growing technology at an estimated CAGR of 12.1% from 2014 to 2020. Use of plug & perf technique enables multistage fracturing for cased holes. Owing to its ease in accessibility for fracturing horizontal wells, this technology is preferred over sliding sleeve technique in the global hydraulic fracturing market.
http://www.grandviewresearch.com/industry-analysis/hydraulic-fracturing-market

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