Lux: frack water market to grow nine-fold to $9B in 2020
Green Car Congress
MAY 6, 2012
The market for water treatment for hydraulic fracturing (“fracking”) to produce previously inaccessible shale gas will grow nine-fold to $9 billion in 2020, according to a new report from Lux Research. GasFrac, with technology licensed from Chevron, uses high-pressure propane, rather than high-pressure water, to fracture gas wells.
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