Global Fracking Fluids Market Outlook (2017-2026): Projected to Expand at a CAGR of 13.5% - ResearchAndMarkets.com
The "Fracking
Fluids - Global Market Outlook (2017-2026)" report has been
added to ResearchAndMarkets.com's offering.
According to this report, the Global Fracking Fluid market accounted for
$26.68 billion in 2017 and is expected to reach $83.39 billion by 2026
growing at a CAGR of 13.5% during the forecast period.
Some of the important factors fuelling market growth include Energy
shift towards gas and energy protection. However, environmental hazard
caused by fracturing is expected to hamper the growth of the market. One
of the major opportunities is the eco-friendly Fracking Fluids.
By fluid types, water based fluids is expected to be the fastest growing
segment in the product category over the forecast period. Rising concern
towards toxicity and biodegradation of fracking fluids is anticipated to
fuel the water based fluids product response during the forecast period.
Due to its capability to minimize erosion of weak rock formations and
circulation loss, these fluids are estimated to gain importance over the
forecast period.
North America is the global leader of this market during the estimate
period, and the market is driven by the increase in fracking activities
for oil & gas deposits.
Key Topics Covered
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Executive Summary
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Preface
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Market Trend Analysis
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Porters Five Force Analysis
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Global Fracking Fluids Market, By Fluid Type
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Global Fracking Fluids Market, By Well Type
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Global Fracking Fluids Market, By Function
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Global Fracking Fluids Market, By Geography
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Key Developments
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Company Profiling
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BASF SE
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Dow Chemical
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E.I. Dupont De Nemours & Co.
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Schlumberger Limited
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Halliburton Co.
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Baker Hughes
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Chevron Phillips Chemical Company
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Solvay
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Weatherford International
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Akzonobel
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Ashland
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Albemarle Corporation
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Nabors Industries
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Clariant International
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FTS International
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Calfrac Well Services
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Economy Polymers & Chemicals
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Reagent Chemical and Research
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Patterson-UTI Energy
For more information about this report, visit https://www.researchandmarkets.com/research/d63hj4/global_fracking?w=4.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181204005694/en/
Copyright Business Wire 2018
Source: Business Wire
(December 4, 2018 - 10:00 AM EST)
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