North America Pressure Pumping Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Service Types (Hydraulic Fracturing, Cementing, and Other Services), Well Type (Horizontal and vertical), Geography (United States, Canada, Mexico)

Market Snapshot

North America Pressure Pumping Market: Market Summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >3.46 %

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Market Overview

The North America pressure pumping market is expected to grow at a CAGR of more than 3.46% over the period of 2020-2025. Increasing shale explorations in the United States and Canada and auction of shale gas fields in Mexico, in 2018, are the factors driving the market. However, the high installation cost of pressure pumping systems and banning of various pumping services due to the water contamination, stringent government regulation, and operational challenges such as harsh weather conditions are further restraining the market.

  • Hydraulic fracturing is expected to dominate the market. Increasing exploitation of unconventional reserves in the region is ascribed to bolster the demand for the market.
  • Waterless fracking using foams provides the alternative to water in pressure pumping procedure. This process potentially eliminates all the infrastructure and complications posed by water, are expected to provide major opportunities for the pressure pumping market.
  • The United States is the largest market for the North American pressure pumping market, in 2019. Mexico is expected to be the fastest-growing market during the forecast period because of the large unexplored technically recoverable reserves of shale in the country. Also, the country is going to auction shale gas reserves, in 2018, which is expected to trigger the demand for pressure pumping services in the country.

Scope of the report

The North America pressure pumping market report include:

Service Types
Hydraulic Fracturing
Other Services
Well type
United States

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Key Market Trends

Hydraulic Fracturing Expected to Dominate the Market

  • The hydraulic fracturing market has been witnessing high growth, due to the increase in shale gas exploration and development activities. The hydraulic fracturing types used, which are categorized into horizontal and vertical wells.
  • The increasing rate of hydraulic fracturing in oil sands in Canada along with the auction of shale gas fields, expected to take place in Mexico, is anticipated to fuel the growth of the North American pressure pumping market.
  • Since 2010, horizontal good drilling activity has dominated and currently accounts for the vast majority of drilling activity in the Western Canada Sedimentary Basin (WCSB). 
  • In 2019, the majority of the wells active in the Permian Basin are horizontal wells (more than 2,000). As of April 2019, the total number of drilled wells in the Permian basin reached 555, repressing an increase of around 4.7% compared to the previous year's value in the same month.
  • Therefore, an increase in horizontal well drilling activities propels the demand for the pressure pumping market.
United States Horizontal Well Counts, in  Units, 2013 - 2018

United States to Dominate the Market

  • In the United States, the hydraulic fracturing market is primarily driven by increased drilling activities, new offshore projects, and redevelopment of matured fields.
  • Due to the recovering drilling activity, the gas output is expected to reach an average of 48 billion cubic feet per day, by 2020. The production from Marcellus/Utica shale and new oil wells are expected to account for most of the growth in gas production.
  • Horizontal wells accounted for about 15% of U.S. crude oil production in tight oil formations. By the end of 2018, that percentage had increased to 96%. Similarly, horizontal wells made up about 14% of U.S. natural gas production in shale formations in 2004 and increased to 97% in 2018.
  • Oilfield service providers are expected to accelerate their deployment of more efficient drilling and completion methods into the shale patch, minimizing costs and attracting new investment.
  • Therefore, fracturing fluid is one of the major components in the fracturing process, hence, witnessing a significant growth during the forecast period.
United States Active rig Count, By Types of Drilling, in %, 2018

Competitive Landscape

North America pressure pumping market is moderately fragmented. Some of the key players in this market include Baker Hughes Co, Halliburton Company, Schlumberger Limited, Weatherford International Inc, Superior Energy Services, Inc.

Table of Contents


    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions




    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast in USD billion, till 2025

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

      2. 4.5.2 Restraints

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitutes Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry


    1. 5.1 Service Types

      1. 5.1.1 Hydraulic Fracturing

      2. 5.1.2 Cementing

      3. 5.1.3 Other Services

    2. 5.2 Well type

      1. 5.2.1 Horizontal

      2. 5.2.2 vertical

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Baker Hughes Co

      2. 6.3.2 Halliburton Company

      3. 6.3.3 Schlumberger Limited

      4. 6.3.4 Weatherford International Inc

      5. 6.3.5 Superior Energy Services, Inc

      6. 6.3.6 Saipem SpA

      7. 6.3.7 Superior Energy Services, Inc.

      8. 6.3.8 Trican Well Service Ltd

      9. 6.3.9 Calfrac Well Services Ltd

    4. *List Not Exhaustive

**Subject to Availability

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Frequently Asked Questions

The North America Pressure Pumping Market market is studied from 2016 - 2026.

The North America Pressure Pumping Market is growing at a CAGR of >3.46% over the next 5 years.

Baker Hughes Co , Halliburton Company, Schlumberger Limited , Weatherford International Inc, Superior Energy Services, Inc are the major companies operating in North America Pressure Pumping Market.

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