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Los Angeles, CA -- (SBWIRE) -- 05/07/2019 -- Fracturing truck is a kind of special equipment vehicle which is used in the oil and natural gas filed. The function of this truck is injecting fracking fluid into the ground at a high pressure in order to fracture shale rocks to release natural gas inside.
Fracturing trucks are widely used in the exploitation of oil and gas, especially used in USA and Canada. In recent years, China became the important market of fracturing trucks. Due to the advantage of fracturing pump technology, fracturing truck market is grasped by a few companies. The main companies in the market are Halliburton, Schlumberger, STEWART&STEVENSON, Baker Hughes and Total. China leading domestic companies are SJ Petroleum Machinery and Jereh.
Due to the limitation from the environment protection laws, fracturing truck usage in Europe is restricted. The next upgrade of fracturing truck should more consider about environment protection.
The global Fracturing Truck market was 1330 million US$ in 2018 and is expected to 1320 million US$ by the end of 2025, growing at a CAGR of -0.1% between 2019 and 2025.
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This report studies the Fracturing Truck market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fracturing Truck in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Halliburton
Schlumberger
STEWART&STEVENSON
Baker Hughes
Total
SJ Petroleum Machinery
Jereh
Tongyong
Anheng Petroleum Equipment
Kerui
By the product type, the market is primarily split into
Three-cylinder Pump
Five-cylinder Pump
Others
By the end users/application, this report covers the following segments
Oil Exploitation
Gas Exploitation
Coalbed Methane Exploitation
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