Global Pressure Pumping Market - What Factors will drive the Market in Upcoming Years?
The global pressure pumping market size is expected to reach USD 75.1 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.1% during the forecast period. Rising exploration & production (E&P) in unconventional oil & gas reserves including shale basins is estimated to spur the growth of the market. Get free sample copy @ https://www.radiantinsights.com/research/pressure-pumping-market/request-sample Increasing prominence of unconventional reserves including coalbed methane (CBM), shale, tight oil, and tight gas is likely to drive the market over the next few years. Advancements in extraction techniques are also helping E&P companies in increasing the yield in scanty profit regions such as the Arctic region and ultra-deep seas. Governments of countries that support natural gas E&P from conventional (oil, gas, and coal), as well as unconventional sources (shale, CBM, and tight gas) are undertaking severa...