The Hydraulic Fracturing Market size was valued at USD 54.0 billion in 2023 and is expected to grow to USD 92.7 billion by 2031 and grow at a CAGR of 7.0% over the forecast period of 2024–2031.
Market Overview
Hydraulic fracturing involves injecting high-pressure fluid into subsurface rock formations to create fractures, allowing oil and gas to flow more freely to the surface....
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