Pressure Pumping Market is projected to grow to USD 98.2 billion in 2028 at a CAGR of 4.80%
The global Pressure Pumping Market was valued at USD 70.7 billion in 2021. The market is projected to grow to USD 98.2 billion in 2028 at a CAGR of 4.80%. The growth in CAGR is due to increased demand and growth, and is forecast to return to the pre-pandemic levels, once the COVID-19 pandemic is over. Pressure pumping is utilized for several purposes such as well intervention, well completion, well stimulation, and others. Pressure pumps play a vital role in the oil and gas industry, as these are primary equipment utilized during the lifecycle of a well. Moreover, pressure pumping is crucial for resource extraction from reservoirs such as shale gas, coalbed methane, light oil, and gas, where the traditional drilling methods are difficult to apply. Request for a Sample Report Here: https://extrapolate.com/sample/Chemicals-and-Advanced-Materials/pressure-pumping-market/18972?utm_source=Blogger-8025 The study’s scope includes a rating of main service providers, profits and pricing in key