Global Fracking Fluids and Chemicals Market

Dec 2018| VMR964A| Verified Market Research

Report Highlights

The global Fracking Fluids and Chemicals market was valued at USD 5.91 billion in 2016 and is projected to reach USD 13.70 billion by 2025, growing at a CAGR of 9.8% from 2017 to 2025.

Fracking fluids and chemicals are products that are used in the process of hydraulic fracturing. These chemicals aid in increasing the quantity of hydrocarbons that can be extracted. These products also aid in improving the yield and quality of the final product. The steady rise in oil exploration activities is expected to boost market demand.

Market Dynamics:
1. Market Drivers
1.1 Energy Security Offered By Domestic Supply of Natural Gas
1.2 Increasing Production Rates
2. Market Restraints
2.1 Public concerns regarding ill effects of hydraulic fracturing
2.2 Contamination concerns and water availability

Market Segmentation:
The global Fracking Fluids and Chemicals market is segmented on the fluid type, well type, applicationand region.
1. By Fluid Type:
1.1 Slick water based
1.2 Foam based
1.3 Gelled oil based
1.4 Others

2. By Well Type:
2.1 Vertical
2.2 Horizontal

3. By Application:
3.1 Friction Reducer
3.2 Gelling Agent
3.3 Scale Inhibitor
3.4 Surfactant
3.5 Acid
3.6 Clay Stabilizer
3.7 Breaker
3.8 Cross Linkers
3.9 Iron Control Agent
3.10 Biocide
3.11 Corrosion Inhibitor
3.12 Iron Control Agent
3.13 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Ashland Inc.
2. Akzonobel NV
3. Baker Hughes
4. Halliburton Co.
5. Schlumberger Ltd.
7. Calfrac Well Services
8. Chevron Philips Chemical Company
9. Clariant
10. EI Du Pont De Nemours
11. FTS International
12. Albemarle Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Fracking Fluids and Chemicals market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3950

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries

Need a custom data table, graph or complete report? Tell us more.