Mining, Oil & Gas Products & Services · Direct
Monitoring · monthly
Procurement Category Intelligence

Hydraulic Fracturing Services

Overview
Market size
$58.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored

Market outlook

2031$71.2B

What changed

Demand by region

North America demand75%
Asia Pacific demand10%
Middle East & Africa demand8%
Latin America demand5%
Rest of world demand2%
share of global demandtotal 100%

Cost drivers

Chemical Additives and Fluids30%
Frac Sand and Proppants25%
Equipment Maintenance and Logistics25%
Labor and Field Operations20%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked

Related categories

Cathodic Protection ServicesCoiled Tubing ServicesConcrete Pumping ServicesCoring ServicesDirectional Drilling ServicesDrilling FluidsDrilling RigsMine Blasting Services