The global pressure pumping market was valued at $88.5
billion in 2016, and is projected to reach $314.14 billion by
2024, growing at a CAGR of 17.4% from 2017 to 2024. In
2016, the Hydraulic Fracturing segment generated the
highest revenue share in the global pressure pumping
market. The highest growth will be experienced by
cementing service market, having a CAGR of 18.1% during
the forecast period. Among major regions, North American
Pressure Pumping market was the highest revenue
generating market in 2016
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