fracking chemicals market Insights, Growth Size, COVID-19 Outbreak, Global Share, Sales Revenue and Trends Forecast 2027

 

The global fracking chemicals market is segmented by function, fluid type, and region.

On the basis of the function, the global fracking chemicals market is segmented into gelling agent, friction reducer, corrosion inhibitor, biocide, surfactant, scale inhibitor, clay stabilizer, acid, cross-linkers, breaker, pH adjusting agent, iron control agent, and others. The gelling agent held the largest share of the global fracking chemicals market under function category in 2017 owing to its strong consumption for thickening fracking fluid particularly water and thus enabling injection of high viscosity fracturing chemicals, which causes fractures to expand considerably. Friction reducer was the second largest market in 2017 due to vast use in reducing friction in pipes to enable high injection rates.

On the basis of the fluid type, the global Fracking Chemical Market is segmented into water based, oil based, and foam based. Water based fracking fluid accounted to be the most commonly used fracking fluid in 2017 owing to its properties such high rate of pumping, enable to obtain complex fractures, and high fluid efficiency. However, foam based fracking fluids are expected to show rising demand under the fluid type category during the forecast period due to its less water requirement and therefore less waste water generation, high reusability, and good proppant carrying capacity, which offers better transportation ability for proppants in fluid to more efficiently spread throughout the fracture network

 

Access Report @ 

https://www.marketresearchfuture.com/reports/fracking-chemicals-market-6071

 

Regional Analysis

The global fracking chemicals market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  North America is expected to be the largest market for fracking chemicals over the forecast period, followed by Europe. Asia Pacific is expected to witness the fastest growth during the forecast period. The Middle East & Africa is likely to show rising demand during the forecast period. Latin America is expected to hold the least share of the global fracking chemicals market over the forecast period.

 

Competitive Analysis

Some of the prominent players operating in the global fracking chemicals market are AkzoNobel N.V.(Netherlands), Ashland Inc. (U.S.), Baker Hughes Incorporated (U.S.), Halliburton. (U.S.), Schlumberger Limited (U.S.), BASF SE (Germany), Chevron Phillips Chemical Company (U.S.), Clariant International AG (Switzerland), DowDuPont Inc. (U.S.), Albemarle Corporation. (U.S.), FTS International Inc. (U.S.), Calfrac Well Services Ltd. (Canada), and EOG Resources, Inc. (U.S.).

 

Get Sample Copy of “Masterbatch Market” @

https://www.marketresearchfuture.com/sample_request/6071

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

Read More Related Article:

https://www.marketresearchfuture.com/reports/single-walled-carbon-nanotube-market-4257

 

https://www.marketresearchfuture.com/reports/organic-matting-agent-market-4391

 

https://www.marketresearchfuture.com/reports/methyl-cellulose-market-4541

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more