Pressure Pumping Market is segmented By Service Type (Hydraulic Fracturing, Cementing, Others, Acidi...
Market Size in USD Bn
CAGR6.5%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 6.5% |
Market Concentration | Medium |
Major Players | Schlumberger Limited, Halliburton Company, Baker Hughes Company, Weatherford International plc, National Oilwell Varco, Inc. and Among Others |
The pressure pumping market is estimated to be valued at USD 79.24 Bn in 2025 and is expected to reach USD 123.14 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032. The pressure pumping market is expected to see steady growth over the coming years, as pressure pumping remains a major expense for oilfield service providers.