Hydraulic Fracturing Market to Register Healthy CAGR of 6.12% from 2014 to 2022 Despite Environmental Roadblocks
Transparency Market Research (TMR) has published a new market study based on the global hydraulic fracturing market. With an increase in the number of successful discoveries of shale gas and tight gas reserves, hydraulic fracturing (fracking) techniques are adopted extensively to extract large quantities of hydrocarbons. The global hydraulic fracturing market valued at US$38.32 bn in 2014 and is expected to reach US$66.06 bn by 2022, expanding at a CAGR of 6.12% in the period from 2014 to 2022. The...
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