Global Shale-Gas Hydraulic Fracturing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Well Type;

Horizontal and Directional and Vertical.

By Technology;

Plug & Perf, and Sliding Sleeve.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn205039151 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Shale-Gas Hydraulic Fracturing Market (USD Million), 2021 - 2031

In the year 2024, the Global Shale-Gas Hydraulic Fracturing Market was valued at USD 1,999.16 million. The size of this market is expected to increase to USD 2,927.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global shale-gas hydraulic fracturing market has experienced remarkable growth in recent years, driven by advancements in drilling technologies and the increasing demand for clean energy sources. Hydraulic fracturing, commonly known as fracking, involves the extraction of natural gas trapped within shale rock formations deep underground. This process has revolutionized the energy industry by unlocking vast reserves of previously inaccessible natural gas. As countries seek to reduce their reliance on traditional fossil fuels and transition towards more sustainable energy solutions, shale gas has emerged as a crucial component of the global energy mix.

One of the key factors propelling the growth of the shale-gas hydraulic fracturing market is the abundance of shale reserves across various regions worldwide. Countries such as the United States, Canada, China, and Argentina boast significant shale gas resources, providing ample opportunities for exploration and production activities. Technological innovations, including horizontal drilling and hydraulic fracturing techniques, have greatly enhanced the efficiency and cost-effectiveness of shale gas extraction, further driving market expansion.

Shale gas offers several environmental benefits compared to conventional fossil fuels, such as coal and oil. It emits lower levels of greenhouse gases and pollutants when burned, contributing to reduced air pollution and mitigating climate change concerns. Additionally, the availability of shale gas helps diversify energy sources, enhancing energy security for nations heavily reliant on imports. These factors have spurred government support and investments in shale gas exploration and production, fostering market growth globally.

The shale-gas hydraulic fracturing market also faces challenges and controversies, particularly concerning its environmental impact and potential risks to groundwater and seismic activity. Environmental concerns have led to regulatory scrutiny and public opposition in some regions, impacting the pace of shale gas development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Well Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Shale-Gas Hydraulic Fracturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Demand Growth

        2. Technological Advancements

        3. Economic Benefits

      2. Restraints
        1. Environmental Concerns

        2. Regulatory Challenges

        3. Water Usage Concerns

      3. Opportunities
        1. Expansion into New Regions

        2. Innovation in Fracturing Techniques

        3. Increasing Investment in Shale Gas Industry

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Shale-Gas Hydraulic Fracturing Market, By Well Type, 2021 - 2031 (USD Million)
      1. Horizontal and Directional

      2. Vertical

    2. Global Shale-Gas Hydraulic Fracturing Market, By Technology, 2021 - 2031 (USD Million)
      1. Plug & Perf
      2. Sliding Sleeve.
    3. Global Shale-Gas Hydraulic Fracturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Chevron Corporation
      2. Exxon Mobil
      3. Sinopec Ltd
      4. Marathon Oil
      5. Royal Dutch Shell PLC
  7. Analyst Views
  8. Future Outlook of the Market