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Showing posts with the label fracking chemicals market

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 u