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市场调查报告书
商品编码
1400912

全球水力压裂液端市场:市场规模、份额、趋势、预测、成长分析(2023-2028)

Fracking Fluid End Market Size, Share, Trend, Dynamics, Forecast, & Growth Analysis- 2023-2028

出版日期: | 出版商: Stratview Research | 英文 151 Pages | 商品交期: 最快1-2个工作天内

价格
简介目录

预计2028年全球水力压裂液端市场规模将达7.347亿美元,长期复合年增长率为4.2%。

水力压裂用于石油和天然气生产,使用压裂泵将压裂液泵入井孔。 每个水力压裂车队都使用多个水力压裂泵。 通常,每个车队使用 18 至 20 台压裂泵。 这些泵浦由两个主要部件组成:动力端和流体端。

这些液压端负责将流体高压注入井眼,不仅是水压泵的重要组成部分,也是压力泵市场的重要组成部分。 再生水、高级化学品和滑溜水的使用以及透过其中泵送的水工砂的质量会缩短流体的最终寿命。 与碳钢液力端(100 至 500 泵送小时)相比,不銹钢液力端的使用寿命更长,为 1,000 至 5,000 泵送小时。 这一事实使得流体端市场对製造商来说是一个有吸引力的机会,儘管它只占泵总成本的 30%。

2020年为石油和天然气产业带来了两大挫折:俄罗斯和沙乌地阿拉伯的价格战和COVID-19。 俄罗斯和沙乌地阿拉伯在石油减产问题上的分歧导致油价暴跌30%以上,跌至每桶30美元以下。 油价下跌对美国页岩油产业影响重大,因为当油价跌破每桶40美元时,该产业就会无利可图。 市场规模较大的水力压裂液终端市场也未能倖免于这些趋势,2020年出现了35%以上的大幅下滑。

然而,随着经济从疫情中復苏,油价再次呈现復苏趋势。 近期地缘政治局势的变化影响了供需动态。 受此影响,原油和天然气价格飙升。 根据EIA预测(2023年6月),预计2023年平均油价将稳定在每桶79.5美元,2024年达到每桶83.5美元。

石油需求的增加预计将导致压裂活动激增,从而推动流体端需求的增加,并随着北美压裂阶段数量的增加而推动市场成长。

本报告对全球水力压裂液终端市场进行了分析,包括市场基本结构、主要推动和限制因素、整体市场规模趋势展望、细分领域和地区详细趋势、竞争对手等,我们正在调查现状以及主要公司的简介。

目录

第 1 章执行摘要:市场鸟瞰

第二章市场环境分析:影响市场动态的因素考察

  • 供应链分析(识别整个价值链中的关键公司/材料)
  • PEST分析(直接或间接影响市场需求的所有因素的清单)
  • 产业生命週期分析(市场当前与未来的生命週期阶段)
  • 主要趋势(影响市场动态的主要产业/市场趋势)
  • 市场驱动因素(驱动因素及其短期和长期影响的研究)
  • 市场问题(抑制扩散和成长的因素调查)

第三章水力压裂液终端市场评估(单位:百万美元/千台,2017-2028)

  • 水力压裂液端市场趋势及预测(单位:百万美元/千台)
  • 市场预测情境分析(悲观、现实、乐观市场预测)

第四章水力压裂液端市场:细分市场分析(单位:百万美元/千台,2017-2028)

  • 依材料类型分析
    • 碳钢:按地区划分的趋势和预测(单位:百万美元/千单位)
    • 不锈钢:按地区划分的趋势和预测(单位:百万美元/千单位)
  • 依最终使用者类型进行分析
    • OE:按地区划分的趋势和预测(单位:百万美元/1,000 单位)
    • 售后市场:按地区划分的趋势和预测(单位:100 万美元/1,000 台)
  • 依设计类型分析
    • 五个系列:按地区划分的趋势和预测(单位:100 万美元/1,000 台)
    • 三元类型:按地区划分的趋势和预测(单位:100 万美元/1,000 单位)
  • 按马力 (HP) 类型分析
    • 2,000 至 2,500 匹马力:区域趋势与预测(单位:百万美元/1,000 台)
    • 超过 2,500 匹马力:按地区划分的趋势和预测(单位:百万美元/1,000 台)
  • 按地区分析
    • 北美水力压裂液端市场:国家分析
    • 欧洲水力压裂液端市场:国家分析
    • 亚太地区水力压裂液端市场:国家分析
    • 世界其他地区 (ROW) 水力压裂液端市场:国家分析

第五章竞争分析

  • 竞争程度(基于市场重组的当前竞争阶段)
  • 竞争格局(根据关键指标对主要公司进行基准测试)
  • 市占率分析(主要公司及各公司占有率)
  • 产品组合映射(不同市场类别中的产品分布映射)
  • 地理位置(在地图上显示地理位置)
  • 产品开发的重点目标领域(了解正在开发的产业的重点)
  • 企业併购 (M&A)、合资 (JV)、业务合作、策略联盟等(所有主要併购和合资企业的映射)
  • 波特五力分析(整个竞争格局的鸟瞰图)

第 6 章策略成长机会

  • 市场向心臟分析
    • 市场向心力:依材料分类
    • 市场向心力:依最终使用者类型划分
    • 市场向心力:依设计类型划分
    • 市场向心力:按马力
    • 市场向心力:依地区划分
    • 市场向心力:依国家划分
  • 新兴趋势(可能影响未来市场动态的主要趋势)
  • 主要策略影响(不断变化的市场动态及其主要影响)
  • 关键成功因素 (KSF)(确定可能帮助公司赢得业务的一些因素)

第七章主要公司简介(依字母顺序排列)

  • Caterpillar Inc.
  • Dragon Products Ltd.
  • Forum Energy Technologies, Inc.
  • GD Energy Products, LLC
  • Halliburton
  • Kerr Pumps
  • ST9 Gas+Oil
  • TechnipFMC plc
  • VP Sales & Manufacturing
  • VULCAN Industrial Holdings

第 8 章附录

简介目录
Product Code: SROG125

The Fracking Fluid End Market will experience a promising CAGR of 4.2% in the long term to reach $734.7 Million by 2028.

Hydraulic fracturing, the technique used for the production of oil and natural gas, uses frac pumps to transmit the fracking fluid into the wellbore. Each frac fleet uses several frac pumps. Typically, 18-20 frac pumps are used per frac fleet. These pumps consist of two major components, the power end and the fluid end.

Responsible for the high-pressure injection of the fluid into the well, these fluid ends are not only an essential part of the frac pumps but are also an indispensable component of the pressure pumping market. The lifespan of a fluid end decreases with the use of recycled water, advanced chemicals & slickwater, and the quality of frac sand pumped through it. Stainless steel fluid ends offer a longer lifespan, ranging from 1,000 to 5,000 pumping hours, compared to carbon steel fluid ends (100 to 500 pumping hours). Due to this fact, the fluid ends market offers attractive opportunities to manufacturers despite accounting for ~30% only of the total pump's cost.

The year 2020 brought up two major setbacks for the oil & gas industry: The price war between Russia and Saudi Arabia and COVID-19. The disagreement between Russia and Saudi Arabia on the reduction of oil production resulted in a more than 30% plunge in oil prices to below US$ 30 per barrel. The decline in oil prices has a major impact on the American shale industry as fracking becomes unprofitable at oil prices less than US$ 40 per barrel. The market for fracking fluid end, a sizeable market, was not immune to these trends and saw a significant decrease of more than 35% in 2020.

However, the price of crude oil is again back on track with the recovery from the pandemic. Recent changes in geopolitical conditions affected the supply demand dynamics. As a result, there was a spike in the price of crude oil and natural gas. According to EIA projections (June 2023), the average oil price is expected to stabilize at $79.5 per barrel in 2023 and is forecast to reach $83.5 per barrel in 2024.

Increasing oil demand is expected to lead to a surge in fracking activities, driving higher demand for fluid ends and propelling market growth alongside the rising number of frac stages in North America.

Segment Analysis

By Material Type

The fracking fluid end market is segmented into carbon steel and stainless steel. Stainless steel is likely to maintain its dominance in the market during the forecast period and is also likely to grow at a higher rate during the same period in the wake of its corrosion-resistant property and longer pumping hours as compared to carbon fluid end.

By End-User Type

The market is segmented into OE and aftermarket. Aftermarket not only governed the fracking fluid end market in 2022 but is also estimated to remain the fastest-growing end-user type during the forecast period. The lifespan of fluid ends gets shorter with the harsher fracking environment, a larger volume of proppant used, and rising pumping pressure resulting in increasing replacement of fluid ends in existing frac pumps. While the power end lasts for two years, fluid ends need to be replaced three to four times per year (approx.).

By Horsepower Type

The market is segmented into 2000-2500 HP and above 2500 HP. In 2022, fluid ends compatible with frac pumps of horsepower between 2000-2500 held a major share of the market. The above 2500 horsepower segment is expected to grow at a higher rate during the forecast period, driven by the gradual shift in demand towards higher horsepower pumps to reduce the number of assets on the site while extending the parts' life. For example, 11 units of 5,000 HP fracking pumps can do the job of 20 units of 2,500 HP frac pumps.

Regional Analysis

In terms of regions, North America is projected to remain the largest market during the forecast period primarily because of the presence of high technically recoverable reserves of shale oil & gas and the presence of major fluid end manufacturers in the region. The rise in the number of hydraulic frac stages in North America has resulted in a notable increase in high hydraulic pressure (HHP) requirements at well sites, subsequently driving the demand for fluid ends. Asia-Pacific is expected to witness the highest growth in the market during the forecast period, mainly driven by China. The country has increased its investments in the exploration and production of oil & natural gas, using the hydraulic fracking technique.

Key Players

The market is fairly consolidated with the presence of a handful of regional and global players. Most of the major players compete on some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the fracking fluid end market.

GD Energy Products, LLC

Caterpillar, Inc.

TechnipFMC plc

Kerr Pumps

Forum Energy Technologies, Inc.

Research Methodology

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The fracking fluid end market is segmented into the following categories-

By Material Type

Carbon Steel

Stainless Steel

By End-User Type

OE

Aftermarket

By Design Type

Quintuplex

Triplex

By Horsepower Type

2000-2500 HP

Above 2500 HP

By Region

North America (Country Analysis: The USA and Canada)

Europe (Country Analysis: Russia, Norway, and Rest of Europe)

Asia-Pacific (Country Analysis: China, Australia, and Rest of Asia-Pacific)

Rest of the World (Country Analysis: The Middle East, Latin America, and Others)

Table of Contents

  • Report Scope
  • Report Objectives
  • Research Methodology
  • Market Segmentation
  • Secondary Research
  • Key Information Gathered from Secondary Research
  • Primary Research
  • Key Information Gathered from Primary Research
  • Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
  • Data Analysis and Triangulation

1. Executive Summary: A Bird's Eye View of the Market

2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics

  • 2.1. Supply Chain Analysis (Identification of Key Players/Materials across the Value Chain)
  • 2.2. PEST Analysis (List of All Factors Directly or Indirectly Affecting the Market Demand)
  • 2.3. Industry Life Cycle Analysis (Current and Future Lifecycle Stage of the Market)
  • 2.4. Key Trends (Key Industry as well as Market Trends Shaping the Market Dynamics)
  • 2.5. Market Drivers (Study of Drivers and their Short- and Long-Term Impacts)
  • 2.6. Market Challenges (Study of Factors Hindrance the Adoption/Growth)

3. Fracking Fluid End Market Assessment (2017-2028) (US$ Million & Thousand Units)

  • 3.1. Fracking Fluid End Market Trend and Forecast (US$ Million & Thousand Units)
  • 3.2. Market Forecast Scenario Analysis (Pessimistic, Most Likely, and Optimistic Market Forecast)

4. Fracking Fluid End Market Segments' Analysis (2017-2028) (US$ Million & Thousand Units)

  • 4.1. Material-Type Analysis
    • 4.1.1. Carbon Steel: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.1.2. Stainless Steel: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.2. End-User-Type Analysis
    • 4.2.1. OE: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.2.2. Aftermarket: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.3. Design-Type Analysis
    • 4.3.1. Quintuplex: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.3.2. Triplex: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.4. Horsepower-Type Analysis
    • 4.4.1. 2000-2500 HP: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.4.2. Above 2500 HP: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.5. Regional Analysis
    • 4.5.1. North American Fracking Fluid End Market: Country Analysis
      • 4.5.1.1. The USA's Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.1.2. Canadian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.2. European Fracking Fluid End Market: Country Analysis
      • 4.5.2.1. Russian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.2.2. Norwegian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.2.3. Rest of the European Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.3. Asia-Pacific's Fracking Fluid End Market: Country Analysis
      • 4.5.3.1. Chinese Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.3.2. Australian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.3.3. Rest of the Asia-Pacific's Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.4. Rest of the World's (RoW) Fracking Fluid End Market: Country Analysis
      • 4.5.4.1. The Middle Eastern Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.4.2. Latin American Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.4.3. Other Fracking Fluid End Market T&F (US$ Million & Thousand Units)

5. Competitive Analysis

  • 5.1. Degree of Competition (Current Stage of Competition based on Market Consolidation)
  • 5.2. Competitive Landscape (Benchmarking of Key Players in Crucial Parameters)
  • 5.3. Market Share Analysis (Key Players and their Respective Shares)
  • 5.4. Product Portfolio Mapping (Map their Presence in Different Market Categories)
  • 5.5. Geographical Presence (Map their Geographical Presence)
  • 5.6. Key Target Areas for Product Developments (Understand the Industry Focus while Developments)
  • 5.7. M&As, JVs, Collaborations, Strategic Alliances, etc. (Map All the Major M&As and JVs)
  • 5.8. Porter's Five Forces Analysis (A Bird's Eye View of the Overall Competitive Landscape)

6. Strategic Growth Opportunities

  • 6.1. Market Attractiveness Analysis
    • 6.1.1. Market Attractiveness by Material Type
    • 6.1.2. Market Attractiveness by End-User Type
    • 6.1.3. Market Attractiveness by Design Type
    • 6.1.4. Market Attractiveness by Horsepower Type
    • 6.1.5. Market Attractiveness by Region
    • 6.1.6. Market Attractiveness by Country
  • 6.2. Emerging Trends (Key Trends that May Shape the Market Dynamics in the Future)
  • 6.3. Key Strategic Implications (Changing Market Dynamics and their Key Implications)
  • 6.4. Key Success Factors (KSFs) (Identifying Some Factors that May Help Companies to Gain Business)

7. Company Profile of Key Players (Alphabetically Arranged)

  • 7.1. Caterpillar Inc.
  • 7.2. Dragon Products Ltd.
  • 7.3. Forum Energy Technologies, Inc.
  • 7.4. GD Energy Products, LLC
  • 7.5. Halliburton
  • 7.6. Kerr Pumps
  • 7.7. ST9 Gas + Oil
  • 7.8. TechnipFMC plc
  • 7.9. VP Sales & Manufacturing
  • 7.10. VULCAN Industrial Holdings

8. Appendix

  • 8.1. Disclaimer
  • 8.2. Copyright
  • 8.3. Abbreviation
  • 8.4. Currency Exchange
  • 8.5. Market Number