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CHICAGO, July 24, 2023 /PRNewswire/ -- Hydraulic Fracturing Market is projected to reach USD 74.4 billion in 2028 from USD 52.1 billion in 2023 at a CAGR of 7.4% according to a new report by MarketsandMarkets™. Hydraulic fracturing, also known as fracking, is one of the most efficient techniques used to recover unconventional oil and gas resources. It is an underground petroleum extraction process in which water, sand, and chemicals are injected under high pressure into a bedrock formation through the well. The injection pressure of the pumped fluid creates fractures that cause gas and fluid flow, and the sand or other coarse materials help in holding the fractures. The increasing supply-demand gap for primary energy sources is one of the leading factors driving the growth of the Hydraulic Fracturing Market, as the demand for oil and gas is constantly growing, and the production capacities of the related reserves are limited. The capability of foams to provide waterless fracking presents promising opportunities for the Hydraulic Fracturing Market. However, the risks associated with growing concerns regarding seismic activities due to hydraulic fracturing has hindered the growth of the market in recent years and is expected to restrain the market's growth during the forecast period.

Global Hydraulic Fracturing Market Overview The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. Factors such as the growing demand for hydraulic fracturing technology with increasing requirements for energy are driving the growth of the hydraulic fracturing market. Key Market Players The hydraulic fracturing market is served by many international players with a global operational presence and local players with a strong domestic supply network. Halliburton (US), SLB (US), Liberty Oilfield Services LLC (US), Baker Hughes (US), and NexTier Oilfield Solutions (US) are the market leaders in the global hydraulic fracturing market. These companies use strategies such as acquisitions, expansions, contracts, agreements, mergers, and investments, to increase their market share.

According to the new market research report "Hydraulic Fracturing Market by Well Type (Horizontal Well, and Vertical Well), Technology (Plug and Perf, and Sliding Sleeve), Application (Shale gas, Tight Oil, and Tight gas), and Region - Global Trends and Forecast to 2026″ The hydraulic fracturing market is projected to reach USD 50.2 billion by 2026. The hydraulic fracturing market size will grow to USD 50.2 billion by 2026 from USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The rising primary energy demand and increasing shale gas exploration & production activities in US is the driving factors for the hydraulic fracturing market, globally.

the Hydraulic Fracturing Market is projected to reach USD 50.2 billion by 2026. The Hydraulic Fracturing Market size will grow to USD 50.2 billion by 2026 from USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The rising primary energy demand and increasing shale gas exploration & production activities in US is the driving factors for the Hydraulic Fracturing Market, globally.

the Hydraulic Fracturing Market is projected to reach USD 50.2 billion by 2026. The Hydraulic Fracturing Market size will grow to USD 50.2 billion by 2026 from USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The rising primary energy demand and increasing shale gas exploration & production activities in US is the driving factors for the Hydraulic Fracturing Market, globally.

The global hydraulic fracturing market is projected to reach USD 50.2 billion by 2026 from an estimated USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is driven by the maturing conventional oil and gas reserves, the need for substitute resources, which could efficiently meet the rising energy demand, is growing. The discovery of shale oil and gas has proved helpful in meeting the requirements for clean and efficient energy sources.

The global hydraulic fracturing market is projected to reach USD 50.2 billion by 2026 from an estimated USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is driven by the maturing conventional oil and gas reserves, the need for substitute resources, which could efficiently meet the rising energy demand, is growing. The discovery of shale oil and gas has proved helpful in meeting the requirements for clean and efficient energy sources.

The hydraulic fracturing market size will grow to USD 50.2 billion by 2026 from USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The rising primary energy demand and increasing shale gas exploration & production activities in US is the driving factors for the hydraulic fracturing market, globally.

the global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period.

Increasing efforts by upstream companies to enhance the production from unconventional resources is driving the hydraulic fracturing market.

Hydraulic fracturing, depending on one's perspective, has been an engine for economic growth or a dangerous process with serious environmental consequences.

The shale gas industry has seen significant growth in the North American market changing the dynamics of natural gas trading in the region. The combination of horizontal drilling and hydraulic fracturing to extract gas from low permeability rock sources has presented a major new energy source, which has significantly reduced the need for natural gas imports to the US.

For people who spend the majority of their days sitting in standard wheelchairs or lying in beds, pressure sores are a very probable reality. Yet they don't have to be, thanks to assistive technology like tilt or recline wheelchairs that help distribute pressure to other parts of the body. While pressure relief is the main objective to using either a tilt wheelchair or a recline wheelchair, each has its unique qualities that help with posture. (Even though some chairs come with both tilt and recline options, for clarity purposes, they will be addressed as two separate seating systems.) "Obviously, a tilt wheelchair does a better job of providing postural stability by not changing any of the angles of the knee and hip, while recliners allow the pelvis and hips to move through approximately 90 degrees of motion. Both seating systems have their own specific functions," noted David Kreutz, PT, seating specialist at the Shepherd Center in Atlanta. Reclining wheelchairs move the body from a flexed position to an extended position, making the chairs more likely to elicit a spastic response in the user. Because tilt and recline chairs use gravity to their advantage and come with head rests, patients who have poor head, neck and trunk control may benefit from the stability and balance they provide. When in tilt or recline, gravity helps the patient improve balance and head control. Once a tilt chair is prescribed for a patient, it is important to teach the caregivers how to use the tilt function and position the patient correctly. If a patient is cognitively intact, it is also important to teach that individual how he or she should be positioned in the chair, to be able to instruct caregivers. Candidates who would be suited for a recliner chair are those who cannot achieve a 90-degree hip-to-back angle when sitting. For example, patients who have hip precautions following total hip replacement surgery, patients who have had cardiac surgery and might develop

Tynor Elbow Crutch is a very sophisticated walking aid designed to provide full weight bearing when one or both legs are physically challenged because of a nervous disorder, fracture, disease, injury etc. More and more professionals prefer usage of Elbow Crutch over the conventional auxiliary crutch because of greater confidence of the patient,lesser fatigue and trendy appearance. High load bearing.

the global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global coiled tubing industry is driven by the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific. Browse 245 market data Tables and 61 Figures spread through 264 Pages and in-depth TOC on "Coiled Tubing Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=804 North America is estimated to be the fastest-growing market for coiled tubing during the forecast period. The region has been segmented, by country, into the US and Canada. The increasing shale oil & gas production in the North America region is driving the coiled tubing market. According to the BP statistical report for June 2019, the US is the top producer of oil, producing 15.3 billion barrels of oil, in 2018. Moreover, the country has been experiencing huge investments from upstream operators to increase the production from the depleting fields in Texas, Permian Basin, and the Gulf of Mexico, along with new drilling activities in ultra-deepwater locations in the Gulf of Mexico, which is likely to drive the North American coiled tubing market. The coiled tubing market, by service, is segmented into well intervention service, drilling service, and others. Others include minor services such as fishing, fracturing, wireline logging, and inspection. Well Intervention services is the fastest growing market by region and are also observed as new revenue pockets. These services are further sub-segmented as well cleaning & pumping operations and well completions & mechanical operations. The challenges faced by oilfield operators during the well comple