Acidified fracturing hoses are widely used in the field of oil extraction. Litong Technology is at the forefront of my country’s industry

Acid fracturing hose refers to a high-pressure hose specially used for acid fracturing operations in oil and gas production. It is generally composed of three layers of materials: inner rubber layer, reinforcement layer, and outer rubber layer. It has excellent corrosion resistance, high pressure resistance, and tensile strength. , low temperature resistance, acid and alkali resistance, wear resistance and long service life. It can adapt to various petroleum industry media such as natural gas, kerosene, methanol, toluene, xylene, ethylene glycol and so on.

Acid fracturing, referred to as acid fracturing, refers to the use of acid liquid as the fracturing fluid at a pressure higher than the formation fracture pressure to carry out a fracturing process without proppant. The principle of action is to use acid liquid to destroy rock cement or formation pores and cracks. It can dissolve and corrode internal blockages and improve the permeability of formation pores and fractures. Acid fracturing technology can significantly expand the reservoir boundaries of oil development and increase oil and natural gas production. It is one of the commonly used technologies in my country’s current oil exploration.

According to the “2023-2028 Acidized Fracturing Hose Industry Market In-depth Research and Investment Prospects Forecast Analysis Report” released by the Industrial Research Center It shows that acid fracturing hose is an important tool for acid fracturing mining and mainly plays the role of transmitting acid liquid. As domestic oil and natural gas exploration continues to increase, the demand for acid fracturing hoses continues to increase, and the industry shows good development prospects. According to data from the National Energy Administration, my country’s annual crude oil production in 2022 will be 204 million tons and natural gas production will be approximately 220 billion cubic meters. Against this background, my country’s demand for acid fracturing hoses will exceed 500 million yuan in 2022.

Acidified fracturing hose has high performance requirements such as corrosion resistance, acid and alkali resistance, and tensile strength. It is difficult to produce and has strict material requirements. The materials currently used to manufacture acidizing fracturing hoses are mainly special high-temperature and high-pressure resistant materials, such as fluorinated polymers, EPDM rubber, etc. The raw material prices are relatively high. At the same time, the production process of acidified fracturing hoses is also relatively complex, and the industry has high raw materials and technical barriers. At present, the number of domestic companies entering this field is relatively small. Only Qingdao Qingrubber Co., Ltd. and Luohe Litong Hydraulic Technology Co., Ltd. There are still a few companies such as the company, and the industry still has a lot of room for growth in the future.

Among them, Luohe Litong Hydraulic Technology (Litong Technology) is at the forefront of my country’s acidizing and fracturing hose industry. In 2022, the company’s acidizing and fracturing hose products will achieve revenue of approximately 80 million yuan. At the same time, driven by the market development prospects, Litong Technology has two new acidification fracturing hoses that are about to be put into production. In the future, against the background of accelerated project implementation, my country’s acidification and fracturing production capacity is expected to continue to increase, thereby driving the industry’s development to continue to accelerate.

Industrial analysts said that acidified fracturing hose is a type of hose with excellent acid and alkali resistance and corrosion resistance. The new industrial hose with high performance is mainly used in the field of oil extraction. At present, under the background of continuous increase in domestic oil and gas extraction, its development prospects are gradually becoming more and more prominent. However, due to high production costs and technical difficulties, there are currently only a small number of companies in my country capable of producing acidified fracturing hoses, and there is still room for growth in the industry in the future.