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Guar Gum Powder Market Analysis: Global Industry Trends and Forecast (2023-2032)
The global demand for Guar Gum Powder was valued at USD 1542.5 million in 2022 and is expected to reach USD 2962.5 Million in 2030, growing at a CAGR of 8.50% between 2023 and 2030.
Guar gum powder, derived from the seeds of the guar plant (Cyamopsis tetragonoloba), is a natural polysaccharide widely used as a thickening, stabilizing, and emulsifying agent in various industries. Its unique properties make it an essential ingredient in food, cosmetics, pharmaceuticals, and even oil and gas applications. In the food industry, guar gum is prized for its ability to enhance texture, increase shelf life, and improve mouthfeel in products such as sauces, ice creams, and gluten-free baked goods. Its high viscosity and water-binding capabilities allow it to stabilize emulsions and prevent ingredients from separating. In cosmetics and personal care products, guar gum serves as a thickener in lotions, creams, and shampoos, providing a smooth, desirable consistency. The oil and gas industry also utilizes guar gum in hydraulic fracturing (fracking) fluids to thicken water, which helps in extracting oil and natural gas from deep underground. Because it is biodegradable and naturally derived, guar gum is also considered environmentally friendly, aligning with the increasing demand for sustainable products across industries.
The guar gum powder market is shaped by a complex interplay of factors that drive its growth and present challenges.
Drivers:
Food Industry Demand: Guar gum's natural thickening and stabilizing properties have led to its widespread use in processed foods, dairy products, and gluten-free items, aligning with consumer preferences for natural additives.
Oil and Gas Sector Utilization: In hydraulic fracturing, guar gum enhances the viscosity of fracturing fluids, facilitating efficient extraction processes.
Pharmaceutical and Cosmetic Applications: Its role as a binder and disintegrant makes guar gum valuable in pharmaceuticals, while in cosmetics, it serves as a thickener and stabilizer, meeting the demand for natural ingredients.
Restraints:
Price Volatility: Fluctuations in guar seed production, influenced by climatic conditions and agricultural practices, lead to price instability, affecting market dynamics.
Availability of Substitutes: Alternative hydrocolloids like xanthan gum and locust bean gum offer similar functionalities, providing options that may impact guar gum's market share.
Opportunities:
Rising Health Consciousness: The growing consumer focus on health and wellness is increasing demand for natural and dietary fiber-rich products, positioning guar gum favorably in the market.
Expansion in Emerging Markets: Developing regions are experiencing increased adoption of processed foods and personal care products, creating new avenues for guar gum applications.
Challenges:
Regulatory Compliance: Adhering to stringent food safety and quality standards across different countries requires continuous monitoring and adaptation by manufacturers.
Supply Chain Disruptions: Dependence on specific geographic regions for guar seed cultivation makes the supply chain vulnerable to disruptions due to environmental or geopolitical factors.
Access Complete Report - https://www.credenceresearch.com/report/guar-gum-powder-market
Key Players
Hindustan Gums & Chemicals Ltd
India Glycols Limited
Rama Gum Industries Ltd.
Dabur India Ltd.
TIC
Nutriroma
AEP Colloids
Shree India Sino
Cargill Incorporated
DuPont
The INGREDION
Ashland
Vikas WSP Limited
Neelkanth Polymers
Lucid Group
Global Gums Chemicals
Guangrao Liuhe Chemical Co., Ltd.
Jai Bharat Gum & Chemicals LTD
Altrafine Gums
Supreme Gums Pvt. Ltd.
Ruchi Soya Industries Limited
Lamberti S.p.A.
The guar gum powder market exhibits varied dynamics across different regions, primarily shaped by production hubs, industrial demand, and consumer preferences.
Asia-Pacific is the leading producer of guar gum powder, with India contributing around 80% of the global supply. Guar is predominantly cultivated in states like Rajasthan, Gujarat, and Haryana, where suitable climatic and soil conditions support large-scale production. Despite its production dominance, domestic consumption remains moderate, primarily driven by the food, textile, and pharmaceutical sectors. This region’s role as a key supplier to global markets, especially North America and Europe, positions it as a significant player in the guar gum industry.
In North America, the market is driven primarily by the oil and gas industry, especially in the United States, where guar gum is extensively used in hydraulic fracturing (fracking) fluids to increase viscosity and improve extraction efficiency. The shale drilling boom in recent years has heightened demand for guar gum powder in this region, making it one of the largest consumers globally. Additionally, North America’s food industry also contributes significantly to guar gum usage, given its applications as a thickener and stabilizer in various processed foods.
Europe demonstrates steady demand for guar gum powder, largely in the food processing industry. The region’s focus on clean-label, natural, and organic products has bolstered guar gum’s popularity as a natural additive for texture and stability in foods like sauces, dressings, and dairy products. Germany, in particular, sees consistent demand due to its strong food processing sector. Europe’s pharmaceutical and cosmetic industries also rely on guar gum for its stabilizing and thickening properties, further supporting demand across this region.
Latin America presents significant growth potential for the guar gum powder market, particularly in food applications. The region's processed food industry, which includes dairy, cheese, sausages, soups, and animal feed, benefits from guar gum’s binding and emulsifying qualities. While production remains limited, demand is rising as more Latin American countries explore processed and convenience foods.
In the Middle East and Africa, the guar gum market is relatively small, with minimal production and moderate demand. However, growth in the food processing and oil exploration sectors offers future potential for the market. Guar gum’s stabilizing properties are beginning to gain traction in these industries, although the region remains a minor player in the global market for now.
Overall, while Asia-Pacific dominates production, North America and Europe are the largest consumers of guar gum powder, driven by demand in industries such as oil and gas, food processing, and pharmaceuticals. Each region’s unique market dynamics underscore the diverse applications and future growth opportunities within the global guar gum powder industry.
Segmentation
By Industrial Applications:
Food and Beverage Industry
Oil and Gas Industry
Paper Industry
Pharmaceuticals
By Food Grade vs. Industrial Grade:
Food Grade Guar Gum
Industrial Grade Guar Gum
By Derivatives and Blends:
Guar Gum Derivatives
Blends with Other Gums
By Source of Guar Gum:
Natural Guar Gum
Modified Guar Gum
By End-User Industries:
Oil and Gas
Food and Beverage
Pharmaceuticals
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Fracking Chemicals Market Analysis Report: Size, Share, and Trends Forecast for the Next Period
Global Fracking Chemicals Market Industry ,Trends & Analysis
The Fracking Chemicals Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.
According to Straits Research, the global Fracking Chemicals Market market size was valued at USD XX Billion in 2023. It is projected to reach from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of 6.32% during the forecast period (2024–2032).
Request a Sample Report Today @ https://straitsresearch.com/report/fracking-chemicals-market/request-sample
Global Fracking Chemicals Market Segmental Analysis
As a result of the Fracking Chemicals market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Function
Gelling Agent
Friction Reducer
Corrosion Inhibitor
Biocide
Surfactant
Scale Inhibitor
Others
By Fluid Type
Water-Based fluid
Oil-Based fluid
Foam-Based fluid
You can check In-depth Segmentation from here @ https://straitsresearch.com/report/fracking-chemicals-market/toc
Why Invest in this Report?
Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.
Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.
Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.
Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.
Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.
Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.
List of Top Leading Players of the Fracking Chemicals Market -
AkzoNobel N.V.,
Ashland Inc.,
Baker Hughes Incorporated,
BASF SE,
Chevron Phillips Chemical Company,
Calfrac Well Services Ltd.,
EOG Resources Inc.,
Halliburton,
Schlumberger Limited,
Clariant International AG,
Dow DuPont Inc.,
Albemarle Corporation
many more.
Reasons to Purchase This Report:
Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.
Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.
Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.
Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.
Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.
Regional Analysis Fracking Chemicals Market
The regional analysis section of the report offers a thorough examination of the global Fracking Chemicals market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Fracking Chemicals market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
To Understand How Covid-19 Impact Is Covered in This Report @ https://straitsresearch.com/buy-now/fracking-chemicals-market
About Straits Research
Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.
Contact Us
Email: [email protected]
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: UK: +44 203 695 0070, USA: +1 646 905 0080
#Fracking Chemicals Market#Fracking Chemicals Market Share#Fracking Chemicals Market Size#Fracking Chemicals Market Research#Fracking Chemicals Industry#What is Fracking Chemicals?
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Growth In The Landscape Of The Global Fracking Chemicals And Fluids Market Outlook: Ken Research Buy Now The fracking chemicals and fluids are an effective variety of chemicals and solutions which are positively utilized in the hydraulic fracturing of the rock by a compelled fluid.
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Aprotic Solvents Market 2025 Size, Share | Revenue, Business Growth, Demand and Applications
28th December 2021 – Global Aprotic Solvents Market is estimated to grow significantly in the forecast period owing to the increase in demand from several end use industries and growing use of bio-based items. Aprotic solvents are the solvents, which are not capable of hydrogen bonding, for which they cannot be hydrogen bonds. Aprotic solvents usually have intermediate polarity and dielectric constants.
Rising consumption of aprotic solvents among several other end use industries like oil & gas, petrochemicals, enhanced recycling technology, and growing demand for eco-friendly solution are majorly driving the growth of aprotic solvents market. Furthermore, improved features like low reactivity, high relative permittivity, thermal stability with the use of aprotic solvents in production of gas and oil refining are other boosting factors of aprotic solvents. However, increase in demand for non-toxic alternates to aprotic solvents, strict government regulations, flexible raw material cost and growing environmental concern are expected to hamper the growth of aprotic solvents market in the coming years.
Access Aprotic Solvents Market Report with TOC @ https://www.millioninsights.com/industry-reports/aprotic-solvents-market
Increase in demand for aprotic solvents is predicted to expand impressively in the pharmaceutical segment in the years to come owing to the innovations in the segment, which introduces new drugs. Over the years, the demand for toluene is also on the rise. The raw material is used to produce other chemicals like benzene, xylene, and trinitrotoluene (TNT). Hence, the demand is expected to remain strong in future as well. Besides, N-Methyl-2-pyrrolidone (NMP) potentially dissolves numerous metals due to which its demand is expected to resister significant growth especially in oil & gas and plastic segment.
Aprotic solvents industry is categorized on the basis of solvent type, application and geography. On the basis of solvent type, the market is divided into N-Methyl-2-pyrrolidone, benzene, toluene, acetone, chloroform, and others. In terms of application, aprotic solvents market is divided into pharmaceutical, oil & gas, personal care, electronics, adhesives, paints & coatings, and others. Oil & gas segment is expected to register significant growth since it extensively uses aprotic solvents. They are used as fracking fluids while oil drilling operations since it increases the quantity of hydrocarbons.
Geographically, aprotic solvents industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to hold larger market share of aprotic solvents owing to the steady growth observed in industries like electronics and electrical, pharmaceutical, and paints & coatings. North America is projected to lead aprotic solvents industry after Asia Pacific due to growing pharmaceuticals and oil & gas industry.
The prominent players in aprotic solvents industry include AlzChem AG, Ashland, Asahi Kasei, BASF SE, CNPC Jilin Chemical Group, Eastman Chemical Company, Imperial Chemical Corporation, Celanese Corporation, Ineos Chemicals Company, Shell Chemicals, DuPont Conglomerate Company, Mitsubishi Chemicals, and Nanjing Jinlong.
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Aprotic Solvents Market 2025 Demand, Outlook | Regions, Size Estimation and Upcoming Trend
28th December 2021 – Global Aprotic Solvents Market is estimated to grow significantly in the forecast period owing to the increase in demand from several end use industries and growing use of bio-based items. Aprotic solvents are the solvents, which are not capable of hydrogen bonding, for which they cannot be hydrogen bonds. Aprotic solvents usually have intermediate polarity and dielectric constants.
Rising consumption of aprotic solvents among several other end use industries like oil & gas, petrochemicals, enhanced recycling technology, and growing demand for eco-friendly solution are majorly driving the growth of aprotic solvents market. Furthermore, improved features like low reactivity, high relative permittivity, thermal stability with the use of aprotic solvents in production of gas and oil refining are other boosting factors of aprotic solvents. However, increase in demand for non-toxic alternates to aprotic solvents, strict government regulations, flexible raw material cost and growing environmental concern are expected to hamper the growth of aprotic solvents market in the coming years.
Access Aprotic Solvents Market Report with TOC @ https://www.millioninsights.com/industry-reports/aprotic-solvents-market
Increase in demand for aprotic solvents is predicted to expand impressively in the pharmaceutical segment in the years to come owing to the innovations in the segment, which introduces new drugs. Over the years, the demand for toluene is also on the rise. The raw material is used to produce other chemicals like benzene, xylene, and trinitrotoluene (TNT). Hence, the demand is expected to remain strong in future as well. Besides, N-Methyl-2-pyrrolidone (NMP) potentially dissolves numerous metals due to which its demand is expected to resister significant growth especially in oil & gas and plastic segment.
Aprotic solvents industry is categorized on the basis of solvent type, application and geography. On the basis of solvent type, the market is divided into N-Methyl-2-pyrrolidone, benzene, toluene, acetone, chloroform, and others. In terms of application, aprotic solvents market is divided into pharmaceutical, oil & gas, personal care, electronics, adhesives, paints & coatings, and others. Oil & gas segment is expected to register significant growth since it extensively uses aprotic solvents. They are used as fracking fluids while oil drilling operations since it increases the quantity of hydrocarbons.
Geographically, aprotic solvents industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to hold larger market share of aprotic solvents owing to the steady growth observed in industries like electronics and electrical, pharmaceutical, and paints & coatings. North America is projected to lead aprotic solvents industry after Asia Pacific due to growing pharmaceuticals and oil & gas industry.
The prominent players in aprotic solvents industry include AlzChem AG, Ashland, Asahi Kasei, BASF SE, CNPC Jilin Chemical Group, Eastman Chemical Company, Imperial Chemical Corporation, Celanese Corporation, Ineos Chemicals Company, Shell Chemicals, DuPont Conglomerate Company, Mitsubishi Chemicals, and Nanjing Jinlong.
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Fracking Chemicals Market Share, Growth Analysis, Industry Is Thriving Worldwide by 2027
The Detailed Market intelligence report on the Global Fracking Chemicals Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Global Fracking Chemicals Market place for the forecast 2019– 2025.
Sample Copy of This Report: https://industrystatsreport.com/Request/Sample?ResearchPostId=1274&RequestType=Sample
Fracking Chemicals Market Key Players:
Parchem Fine and Specialty Chemicals Inc. Halliburton Company Solvay SA SNF Group DuPont de Nemours, Inc. BASF SE Flotek Industries Inc. CES Energy Solutions Corp.
Scope Of The Report:
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Fracking Chemicals Market.
Key Benefits for Fracking Chemicals Market Reports
· Global market report covers in-depth historical and forecast analysis.
· Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
· Global market report helps to identify opportunities in market place.
· Global market report covers extensive analysis of emerging trends and competitive landscape.
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Fracking Chemicals Market Segmentation:
Segmentation by Type:
· Water-based Fluid
· Foam-based Fluid
· Other Fluid Types
Segmentation by Application:
· Vertical
· Horizontal and Directional Wells
By Region
North America
USA
Canada
Mexico
Europe
UK
France
Germany
Russia
Rest of Europe
Asia-Pacific
China
South Korea
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, INDIA and our sales office is in London.
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Aprotic Solvents Market Growth by Global Key Players: AlzChem AG, Ashland & Asahi Kasei
Global Aprotic Solvents Market is estimated to grow significantly in the forecast period owing to the increase in demand from several end use industries and growing use of bio-based items. Aprotic solvents are the solvents, which are not capable of hydrogen bonding, for which they cannot be hydrogen bonds. Aprotic solvents usually have intermediate polarity and dielectric constants.
Rising consumption of aprotic solvents among several other end use industries like oil & gas, petrochemicals, enhanced recycling technology, and growing demand for eco-friendly solution are majorly driving the growth of aprotic solvents market. Furthermore, improved features like low reactivity, high relative permittivity, thermal stability with the use of aprotic solvents in production of gas and oil refining are other boosting factors of aprotic solvents. However, increase in demand for non-toxic alternates to aprotic solvents, strict government regulations, flexible raw material cost and growing environmental concern are expected to hamper the growth of aprotic solvents market in the coming years.
Increase in demand for aprotic solvents is predicted to expand impressively in the pharmaceutical segment in the years to come owing to the innovations in the segment, which introduces new drugs. Over the years, the demand for toluene is also on the rise. The raw material is used to produce other chemicals like benzene, xylene, and trinitrotoluene (TNT). Hence, the demand is expected to remain strong in future as well. Besides, N-Methyl-2-pyrrolidone (NMP) potentially dissolves numerous metals due to which its demand is expected to resister significant growth especially in oil & gas and plastic segment.
Aprotic solvents industry is categorized on the basis of solvent type, application and geography. On the basis of solvent type, the market is divided into N-Methyl-2-pyrrolidone, benzene, toluene, acetone, chloroform, and others. In terms of application, aprotic solvents market is divided into pharmaceutical, oil & gas, personal care, electronics, adhesives, paints & coatings, and others. Oil & gas segment is expected to register significant growth since it extensively uses aprotic solvents. They are used as fracking fluids while oil drilling operations since it increases the quantity of hydrocarbons.
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Geographically, aprotic solvents industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to hold larger market share of aprotic solvents owing to the steady growth observed in industries like electronics and electrical, pharmaceutical, and paints & coatings. North America is projected to lead aprotic solvents industry after Asia Pacific due to growing pharmaceuticals and oil & gas industry.
The prominent players in aprotic solvents industry include AlzChem AG, Ashland, Asahi Kasei, BASF SE, CNPC Jilin Chemical Group, Eastman Chemical Company, Imperial Chemical Corporation, Celanese Corporation, Ineos Chemicals Company, Shell Chemicals, DuPont Conglomerate Company, Mitsubishi Chemicals, and Nanjing Jinlong.
Market Segment:
Global Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025) • N-Methyl-2-pyrrolidone (NMP) • Toluene • Benzene • Acetone • Others (Chloroform, Pentane, Diethyl Ether and Hexane)
Global Application Outlook (Volume, KiloTons; Revenue, USD Million, 2014 - 2025) • Oil & gas • Pharma • Paints & Coatings • Electronics • Others (Agrochemicals, Printing Inks and Personal Care)
Regional Outlook (Volume, KiloTons; Revenue, USD Million, 2014 - 2025) • North America • U.S. • Europe • Germany • UK • Asia Pacific • China • Japan • Latin America • Brazil • MEA
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Global Fracking Chemicals and Fluid Market
The report forecast global Fracking Chemicals and Fluid market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation. The report offers detailed coverage of Fracking Chemicals and Fluid industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Fracking Chemicals and Fluid by geography. The report splits the market size, by volume and value, on the basis of application type and geography. First, this report covers the present status and the future prospects of the global Fracking Chemicals and Fluid market for 2015-2024. And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]. At the same time, we classify Fracking Chemicals and Fluid according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Fracking Chemicals and Fluid company.
Key Content of Chapters as follows (Including and can be customized) : Part 1: Market Overview, Development, and Segment by Type, Application & Region Part 2: Company information, Sales, Cost, Margin etc. Part 3: Global Market by company, Type, Application & Geography Part 4: Asia-Pacific Market by Type, Application & Geography Part 5: Europe Market by Type, Application & Geography Part 6: North America Market by Type, Application & Geography Part 7: South America Market by Type, Application & Geography Part 8: Middle East & Africa Market by Type, Application & Geography Part 9: Market Features Part 10: Investment Opportunity Part 11: Conclusion
Market Segment as follows: By Region Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia] Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America[United States, Canada, Mexico] Middle East & Africa[GCC, North Africa, South Africa] South America[Brazil, Argentina, Columbia, Chile, Peru] Key Companies Akzo Nobel Dow Chemical Clariant BASF Albemarle Calfrac Well Services Halliburton Chevron Phillips Chemical FTS International Weatherford Baker Hughes Trican Well Services Solvay DuPont Market by Type Foam-Based Water-Based Gelling Oil Based Market by Application Oil Recovery Shale Gas
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Xanthan Gum Market Global Industry Analysis, Size, Share, Growth, Trends, Forecast To 2024
Xanthan Gum Market Overview
The Global Xanthan Gum Market is projected to grow at a significant rate of 4.5% from 2019 to 2024 to reach a market value of USD 1.2 billion by the end of 2024. Increasing demand from end use industries includes oil & gas, food and beverages among others is escalating the demand for the Xanthan gum market. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas.
Browse Report Details @ https://www.marketresearchfuture.com/reports/xanthan-gum-market-748
Market Segmentation
For the purpose of study, Market Research Future segmented the Xanthan Gum Market based on applications
Food and Beverage- Xanthan gum is used to flesh out the drinks and fruit juices. When these beverages containing fruit pulp particles, the use of xanthan gum helps maintain the suspension giving better appearance. In bakery industry, xanthan gum is used primarily to increase water retention during baking and thus extending shelf life of bakery products and refrigerated dough’s
Oil and Gas- Xanthan gum is an important ingredient in the hydraulic fluid used for the hydraulic fracking process. It carries with it the sands used to prop open the fractures to allow the flow of oil or gas from these cracks.
Pharmaceutical and Cosmetic Industry- Xanthan Gum is used as a stabilizer (in cosmetic products, for example, to prevent ingredients from separating)
End Users: Households, Healthcare and pharmaceutical industry and others.
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Market Players
Fufeng Group Ltd. (Japan)
Kelco U.S., Inc. (India)
Cargill, Incorporated (US)
DuPont de Nemours, Inc. (US)
FMC Corporation (US)
Meihua Holdings Group Co., Ltd. (China)
Archer Daniels Midland Company (US)
Ingredion Incorporated (US)
The Zoranoc Oilfield Chemical (China)
Deosen Biochemical Ltd (China)
Fuerst Day Lawson (UK)
Vanderbilt Minerals, LLC. (US)
Xanthan Gum Market Regional Analysis
North America
North America is a major chunk of the Xanthan Gum market. The recovery of the pharmaceutical industry in the US is expected to drive the demand of xanthan gum upwards in the forecasted period. Canada poses as another big market for Xanthan Gum US Department of Commerce announced antidumping duties on imports of xanthan gum from China.
Asia Pacific
With the increasing number of food processing industries in the Asia pacific, the demand for xanthan gum is going to witness a significant boost. Rapid economic development in China, India, Indonesia and Vietnam will further result in boosting the demand. Favorable government policies are another factor which is going to contribute the boost in the sales of Xanthan gum.
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Global Fracking Fluid & Chemicals Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Fracking Fluid & Chemicals Market 2019-2024 added by DecisionDatabases.com.
The demand for fuel is increasing multifold due to high consumption from domestic as well as industrial front. High growth is expected in the horizontal wells drilled per year due to E&P activities for unconventional oil & gas, as these reserves are recovered more economically by horizontal drilling. The worldwide market for Fracking Fluid & Chemicals is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019. This report focuses on the Fracking Fluid & Chemicals in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
AKZONOBEL
ASHLAND
BAKER HUGHES
HALLIBURTON
SCHLUMBERGER
BASF
CALFRAC WELL SERVICES
CHEVRON PHILLIPS CHEMICAL
CLARIANT INTERNATIONAL
DUPONT
ALBEMARLE
FTS INTERNATIONAL
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Sticky Synovial Fluid
Bubble
Gelation Oil
Other
Market Segment by Applications, can be divided into
Anti-Scaling Agent
Clay Stabilizer
Crosslinking Agent
Grinding Agent
Ion Regulator
Inhibitor
Pesticides
Other
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There are 15 Chapters to deeply display the Global Fracking Fluid & Chemicals Market.
Chapter 1, to describe Fracking Fluid & Chemicals product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Fracking Fluid & Chemicals, with price, sales, revenue and global market share of Fracking Fluid & Chemicals in 2017 and 2018.
Chapter 3, the Fracking Fluid & Chemicals competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fracking Fluid & Chemicals breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Fracking Fluid & Chemicals market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Fracking Fluid & Chemicals sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Other Reports by DecisionDatabases.com:
Global Mining Chemicals Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
Global Specialty Chemicals (specialties, effect chemicals) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
Global Oilfield Chemicals Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
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#Fracking Fluid & Chemicals Market#Fracking Fluid & Chemicals Market Report#Fracking Fluid & Chemicals Market Industry Report#Fracking Fluid & Chemicals Market Analysis#Fracking Fluid & Chemicals Market Growth#Fracking Fluid & Chemicals Market Trends#Fracking Fluid & Chemicals Market Outlook#Global Fracking Fluid & Chemicals Industry Report
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Fracking Fluids Market Driven By Rising Demand For Fuel And Electricity
Global Fracking Fluids Market: Overview
Hydraulic fracturing or fracking is a well-stimulation technique in which rock is fractured by a pressurized liquid called fracking fluid. Fluids used in the process are foam-based, water-based, and gelled-oil-based products. Fracking fluids can be classified based on the type of well they are used in, into horizontal and vertical wells. Owing to the development of unconventional reserves, drilling technology has been changing from predominantly vertical to predominantly horizontal. Horizontal drilling is used to extract oil & gas resources by covering a large surface area and increasing the rate of production of gas. This trend, in turn, would increase the consumption of fracking fluids, as horizontal fracking requires greater amounts of the material. The rising demand for fuel and electricity is the driving force behind the fracking fluids market.
Global Fracking Fluids Market: Trends and Opportunities
The demand for fuel from the domestic and industrial fronts to cover the increased population across the globe would result in the growth of the fracking fluid market. Continuous efforts have been taken by all the nations to achieve energy independence and security. All countries are keen on shifting to natural gas and are calling for a wide-ranging shift from imported fuels to domestic natural gas. However, fracking has been facing a lot of opposition due to the environmental hazards caused by the process, which in turn is expected to hamper the growth of the market.
Also a large amount of water is required in the fracking process; hence, concerns regarding the use of fracking techniques are rising in regions with limited water supply. This problem is being addressed by capitalizing and using foam-based fluids, which utilize less water and are less harmful to the environment than water-based fluids in fracking. Extensive research and development is being carried out to find eco-friendly fracking fluids; this is expected to act as an opportunity for the growth of the fracking fluid market.
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Global Fracking Fluids Market: Geographical Dynamics
In 2014, North America has accounted for the largest share of fracking fluids, followed by Asia Pacific. Modern fracking techniques used to obtain oil and gas from abundant reserves are driving the fracking fluid market in North America. Other regions such as Latin America, Middle East and Africa, and Europe account for less than one-third of the total fracking fluid market. Asia Pacific is expected to contribute to the significant growth of the fracking fluid market due to increasing consumption of fuels in the region in domestic and industrial activities.
Also, new reserves of shale gas have been found in China, leading to increased consumption of fracking fluids. In order to meet increasing energy demand, oil & gas companies are working to develop these shale reserves of oil and gas for extraction through hydraulic fracturing. Efforts are being taken to find more economical and environmentally safer ways of extracting oil using fracking fluids and increase production rate of oils from wells.
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Global Fracking Fluids Market: Competitive Landscape
Some of the key players in the fracking fluid market are Baker Hughes, Calfrac Well Services Ltd., Chevron Phillips Chemical, Halliburton, BASF, The Linde Group, Trican Well Services, Schlumberger Ltd., Akzo Nobel, Weatherford International, DuPont, FTS International, Solvay S.A, Dow Chemical Company, Albemarle Corporation, Clariant, and Ashland Inc.
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Fracking Fluids Market to Observe Strong Development by 2024
Hydraulic fracturing or fracking is a well-stimulation technique in which rock is fractured by a pressurized liquid called fracking fluid. Fluids used in the process are foam-based, water-based, and gelled-oil-based products. Fracking fluids can be classified based on the type of well they are used in, into horizontal and vertical wells. Owing to the development of unconventional reserves, drilling technology has been changing from predominantly vertical to predominantly horizontal. Horizontal drilling is used to extract oil & gas resources by covering a large surface area and increasing the rate of production of gas. This trend, in turn, would increase the consumption of fracking fluids, as horizontal fracking requires greater amounts of the material. The rising demand for fuel and electricity is the driving force behind the fracking fluids market.
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The demand for fuel from the domestic and industrial fronts to cover the increased population across the globe would result in the growth of the fracking fluid market. Continuous efforts have been taken by all the nations to achieve energy independence and security. All countries are keen on shifting to natural gas and are calling for a wide-ranging shift from imported fuels to domestic natural gas. However, fracking has been facing a lot of opposition due to the environmental hazards caused by the process, which in turn is expected to hamper the growth of the market.
Also a large amount of water is required in the fracking process; hence, concerns regarding the use of fracking techniques are rising in regions with limited water supply. This problem is being addressed by capitalizing and using foam-based fluids, which utilize less water and are less harmful to the environment than water-based fluids in fracking. Extensive research and development is being carried out to find eco-friendly fracking fluids; this is expected to act as an opportunity for the growth of the fracking fluid market.
In 2014, North America has accounted for the largest share of fracking fluids, followed by Asia Pacific. Modern fracking techniques used to obtain oil and gas from abundant reserves are driving the fracking fluid market in North America. Other regions such as Latin America, Middle East and Africa, and Europe account for less than one-third of the total fracking fluid market. Asia Pacific is expected to contribute to the significant growth of the fracking fluid market due to increasing consumption of fuels in the region in domestic and industrial activities.
Also, new reserves of shale gas have been found in China, leading to increased consumption of fracking fluids. In order to meet increasing energy demand, oil & gas companies are working to develop these shale reserves of oil and gas for extraction through hydraulic fracturing. Efforts are being taken to find more economical and environmentally safer ways of extracting oil using fracking fluids and increase production rate of oils from wells.
Some of the key players in the fracking fluid market are Baker Hughes, Calfrac Well Services Ltd., Chevron Phillips Chemical, Halliburton, BASF, The Linde Group, Trican Well Services, Schlumberger Ltd., Akzo Nobel, Weatherford International, DuPont, FTS International, Solvay S.A, Dow Chemical Company, Albemarle Corporation, Clariant, and Ashland Inc.
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The fracking fluid market has witnessed backward integration of the fracking companies into the production of fracking fluids. Not only hydraulic fracturing companies but also chemicals companies have set up individual departments for the development of oilfield chemicals that operate to produce the fluids and chemicals with the desired properties.
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Oilfield stimulation chemicals Market Forecast and Trends Analysis Research Report By 2025
Oilfield stimulation chemicals include an extensive range of specialty chemicals intended to augment and support the stimulation process. Stimulation treatments are carried out in order to restore or improve the productivity of a well. Improvement in the productivity of the new flow channels results in better recovery of oil and gas from the targeted formation.
Products such as acids and biocides are used to control the bacteria present in the fracturing fluid at the surface. Corrosion inhibitors are frequently required in highly acidic and saline environments in order to protect the metal equipment. Friction pressure is a concern during the pumping process. It can be efficiently controlled by employing friction inhibitors. The viscosity of fluids can be controlled by using gelling agents.
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Oilfield Stimulation Chemicals Market: Drivers and Restraints
Of late, the oil & gas industry has witnessed a decline in terms of production due to the low pricing. Surfactants are used in oilfield chemicals for lubrication. They are also employed as corrosion inhibitors, wetting agents, dispersants, foam control agents, and biocides. Contraction in the oil & gas industry is projected to adversely affect the demand for oilfield stimulation chemicals in the near future. This is anticipated to restrain the oilfield stimulation chemicals market during the forecast period.
Oilfield Stimulation Chemicals Market: Segmentation
Based on product, the oilfield stimulation chemicals market can be segmented into:
Gelling Agents/Viscosifiers
Corrosion Inhibitors
Acids & Biocides
Friction Reducers
Others (Iron Control Agents, Water Control Agents, etc.)
The acid treatment is given to the reservoir in order to stimulate sandstone and carbonate wells.. This acid treatment creates long channels that enter the formation and permit oil & gas to transfer. Hydrochloric Acid is frequently used for acid treatment; however, substitute acids are also used for matrix acidizing. Biocides are employed to regulate the growth of several types of bacteria. Controlling the development of sulfate reducing bacteria (SRB) is acute for reducing the formation of hydrogen sulfide. Furthermore, non-oxidizing organic biocides are less prone to corrosion than oxidizing biocides. Corrosion inhibitors are recommended to be used in acid treatments such as acid fracturing, matrix acidizing, and sand control treatments. However, the use of extremely acidic fluids leads to severe corrosion. Acidizing corrosion inhibitors are able to lessen corrosion in low and high chrome steels and carbon alloy steels. Acidizing corrosion inhibitors are stable under high reservoir temperatures and in high acid concentrations. Friction reducers are added in order to reduce pipe friction, which in turn allows higher injection rates.
Based on application, the oilfield stimulation chemicals market can be divided into:
Hydraulic Fracturing
Matrix Acidization
Acid Fracking
Others
Gelling agents/viscosifiers ensure the precise settlement of proppants in hydraulic fracturing. They generate better rheology for matrix stimulations when used in combination with other acids. The hydraulic fracturing segment accounted for major share of the oilfield stimulation chemicals market in 2016.
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Oilfield Stimulation Chemicals Market: Region-wise Outlook
Rapid growth in exploration of oil & gas reserves in North America is expected to boost the oilfield stimulation chemicals market in the near future. Asia Pacific held significant share of the global oilfield stimulation chemicals market in 2016. It is a key region in terms of production of surfactants, acids, etc. The U.S. and China are anticipated to play an important role in the growth of the global oilfield stimulation chemicals market. On the other hand, Canada, India, and ASEAN are estimated to be lucrative countries for oilfield stimulation chemicals during the forecast period.
Key manufacturers include BASF SE, Chevron Philips, DuPont, Clariant, The Dow Chemical Company, etc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Fracking Fluid and Chemicals Market Forecasts, 2015 to 2025
26 October 2018, The Global Fracking Fluid and Chemicals Market is anticipated to witness steady growth over the forecast period. These are utilized in hydraulic fracturing for the recovery of oil and shale gas. This stimulus is typically carried out once throughout the productive existence of a well and it helps in eradicating gas and oil, thus improving well efficiency. This factor is anticipated to drive the market growth over the forecast period.
Integral components of fracking chemicals and fluids differ depending on the type of fracturing, situations of wells, and condition of water in the field. A typal fracture treatment uses around three to 12 chemical additives. This process is initially employed to extract coalbed methane (CBM), unconventional liquids, shale gas, tight gas, and other products which are hard to convalesce through usual drilling processes.
Growth in adoption of unconventional resources of gas and oil such as shale and CBM is expected to drive market over the forecast period. Many recognized businesses are using hydraulic fracturing for conventional gas and oil resources. Growing concern among countries regarding safe energy resources is anticipated to further impel market expansion. Requirement of fuel for industrial and domestic consumption is expected to further boost market over the forecast period.
The market has acknowledged backward integration of companies into manufacturing of fracking chemicals and fluids. Hydraulic fracturing enterprises have set up different departments for the expansion of oilfield chemicals that produce fluids and chemicals with the required properties. Demand from areas with potential for unconventional gas reserve is expected to bode well for product demand in near future.
Efforts for energy sovereignty are expected to drive the market over the forecast period. Various countries are eager to ascertain energy security. Hence, many government bodies are adopting wide-ranging alternatives to natural gas. For example, utilization of natural gas as fuel source for vehicles. Low price of natural gas is also expected to drive the demand.
However, widespread opposition owing to harmful impact of hydraulic fracturing on environment is anticipated to hinder growth of the global market. Ecological effects such as climate change, air pollution, rising risk of earthquakes, higher water consumption, and water contamination are some of the biggest challenges for the market. Various countries have laid down stern regulations over utilization of hydraulic fracturing. This factor is also expected to challenge market expansion to an extent.
Having said that, the objective of these countries to accomplish energy security through domestic gas production is expected bode well for market growth. Rising concerns regarding the consumption of water in restricted supply regions and other environmental hazards can be tackled by using foam-based fluids. This alternative utilizes less water and could assist companies in addressing concerns over ecological effects of fracturing.
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North America, Europe, Africa, Asia Pacific and Middle East are the major geographic regions in the market. Augmented fracturing activities to boost extraction of gas and oil from North American reserves is poised to drive regional market. Asia Pacific is projected to register fastest growth over the forecast period on account of rapid technological advancements and high demand for energy resources.
Socioeconomic and industrial growth in emerging economies is driving the fracking fluids market in Asia-Pacific, Africa, and Latin America. Cross-linker, biocide, corrosion inhibitor, gelling agent, adjusting agent, surfactant, friction reducer, breaker, clay stabilizer, pH adjusting agent, and acids and scale inhibitors are some of the prominent types of liquid bases used in the industry. Fracking is performed on the basis of foam-, water-, and gelling oil-based fluids.
Some of the key players in the global fracking fluid and chemicals market are Akzo Nobel, FTS International, Baker Hughes, Calfrac Well Services, Trican Well Services, Clariant, BASF, Dow Chemical, Halliburton, Albemarle, Chevron Phillips Chemical, Weatherford, Solvay and DuPont. Key companies are Baker Hughes, Schlumberger, and Halliburton. All of these companies are integrating their business processes to develop fracking fluids and chemicals. Hands-on knowledge of top players in hydraulic fracturing gives them the advantage to produce the most suitable materials.
The market is highly fragmented on account of a vast number of industry players. However, it is strengthened by the top three companies capturing the larger share of the overall market. The fracking products are processed further by the hydraulic fracturing service providers themselves through vertical integration or are resourced from chemical manufacturers. The market is highly fragmented on account of a vast number of industry players.
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Oilfield Stimulation Chemicals Market by Types, by Application, & by region - Global Trends & Forecasts to 2020
The report “Oilfield Stimulation Chemicals Market by Types (Gelling Agents, Surfactants, Friction reducers, Corrosion and Scale Inhibitors, Acids), by Application(Hydraulic Fracturing, Matrix Acidization, Acid Fracking) & by region - Global Trends & Forecasts to 2020” defines and segments the oilfield stimulation chemicals market with analysis and forecast of the market size.
Browse 76 market data tables and 67 figures spread through 176 pages and in-depth TOC on “Oilfield Stimulation Chemicals Market by Types (Gelling Agents, Surfactants, Friction reducers, Corrosion and Scale Inhibitors, Acids), by Application(Hydraulic Fracturing, Matrix Acidization, Acid Fracking) & by region - Global Trends & Forecasts to 2020"
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The market size of oilfield stimulation chemicals is projected to reach $2.97 Billion by 2020, signifying a firm annualized growth rate of 10.1% between 2015 and 2020.
North America – The biggest market for oilfield stimulation chemicals
The rapid expansion in exploration of shale gas and oil reserves in North America is leading to significant changes in the oil field chemicals market recently. Moreover, current advances in horizontal drilling, hydraulic fracturing availability of water for fracking, and mineral rights licensing are contributing to the rapid development of shale gas and oil reserves in the North American region. This is driving the growth of oilfield stimulation chemicals market. There is significant increase in the activity level across all oilfield chemical sectors such as drilling fluids, cementing, stimulation, and production chemicals. This increasing activity in shale oil & gas reserves has also resulted in consumption of higher volumes of drilling and cementing chemicals. The North American region is, therefore, not only the largest market in oilfield stimulation chemicals, but, also in the oilfield services market.
Friction Reducers – The fastest-growing segment of oilfield stimulation chemicals
The friction reducers type is the fastest-growing among the various segments of oilfield stimulation chemicals market. It is estimated to grow at a CAGR of 13.2% between 2015 and 2020. Friction reducers are extensively used in the hydraulic fracturing application, which is the largest application market. Boom in the shale gas exploration has indirectly helped to increase the growth rate of friction reducers.
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Hydraulic fracturing – The largest application for oilfield stimulation chemicals market
Hydraulic fracturing is the largest application segment in the global oilfield stimulation chemicals market, owing to the increased shale gas exploration activities in the green as well as brown fields of the North American region and in some parts of China.
The U.S. and China are at forefront of oilfield stimulation chemicals consumption, while Canada, Mexico, Poland, and Germany are the other key markets for oilfield stimulation chemicals consumption. China is the key market in Asia-Pacific, accounting for more than half of the demand for the oilfield stimulation chemicals in the region due to the increased exploration of the unconventional oil & gas reserves such as shale gas, followed by Indonesia, India, and Malaysia, where consumption is growing at a steady rate. Growth in other Asia-Pacific countries is steady due to the strict environmental laws and geo-political reasons. Asia-Pacific represents the fastest-growing regional market for the global oilfield stimulation chemicals market. Heavy oilfield stimulation activity undergoing in the region is driving the growth for the market. This growth is projected to continue and the share of the region in the global market is likely to increase in the next few years. The leading players of the market include BASF SE (Germany), Chevron Philips (U.S.), E.I. Dupont (U.S.), Clariant AG (Switzerland), Albemarle Corp(U.S.), Flotek Industries (U.S.), Dow Chemical (U.S.), and Ashland Inc.(U.S.). New product launch is the key strategy adopted by industry players in order to maintain growth in the global oilfield stimulation chemicals market. The oilfield stimulation chemicals market is a consumer-driven market and new product launches are paving the way for fulfilling the ever changing demand of the consumers.
On the basis of types: The market is segmented on the basis of types, namely, gelling agents, friction reducers, surfactants, corrosion & scale inhibitors, acids, and others. Each material type is further described in detail in the report with value forecasts.
On the basis of applications: The oilfield stimulation chemicals market is segmented into applications, namely, hydraulic fracturing, matrix acidization, acid fracking, and others. Each application segment is further described in detail in the report with value forecasts between 2015 and 2020.
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Global Fracking Fluids Market Growth, Share, Demand and Analysis of Key Players - Research Forecasts to 2024
Global Fracking Fluids Market: Overview
Hydraulic fracturing or fracking is a well-stimulation technique in which rock is fractured by a pressurized liquid called fracking fluid. Fluids used in the process are foam-based, water-based, and gelled-oil-based products. Fracking fluids can be classified based on the type of well they are used in, into horizontal and vertical wells. Owing to the development of unconventional reserves, drilling technology has been changing from predominantly vertical to predominantly horizontal. Horizontal drilling is used to extract oil & gas resources by covering a large surface area and increasing the rate of production of gas. This trend, in turn, would increase the consumption of fracking fluids, as horizontal fracking requires greater amounts of the material. The rising demand for fuel and electricity is the driving force behind the fracking fluids market.
Browse Fracking Fluids Market Report: http://www.transparencymarketresearch.com/fracking-fluids-market.html
Global Fracking Fluids Market: Trends and Opportunities
The demand for fuel from the domestic and industrial fronts to cover the increased population across the globe would result in the growth of the fracking fluid market. Continuous efforts have been taken by all the nations to achieve energy independence and security. All countries are keen on shifting to natural gas and are calling for a wide-ranging shift from imported fuels to domestic natural gas. However, fracking has been facing a lot of opposition due to the environmental hazards caused by the process, which in turn is expected to hamper the growth of the market.
Also a large amount of water is required in the fracking process; hence, concerns regarding the use of fracking techniques are rising in regions with limited water supply. This problem is being addressed by capitalizing and using foam-based fluids, which utilize less water and are less harmful to the environment than water-based fluids in fracking. Extensive research and development is being carried out to find eco-friendly fracking fluids; this is expected to act as an opportunity for the growth of the fracking fluid market.
Global Fracking Fluids Market: Geographical Dynamics
In 2014, North America has accounted for the largest share of fracking fluids, followed by Asia Pacific. Modern fracking techniques used to obtain oil and gas from abundant reserves are driving the fracking fluid market in North America. Other regions such as Latin America, Middle East and Africa, and Europe account for less than one-third of the total fracking fluid market. Asia Pacific is expected to contribute to the significant growth of the fracking fluid market due to increasing consumption of fuels in the region in domestic and industrial activities.
Also, new reserves of shale gas have been found in China, leading to increased consumption of fracking fluids. In order to meet increasing energy demand, oil & gas companies are working to develop these shale reserves of oil and gas for extraction through hydraulic fracturing. Efforts are being taken to find more economical and environmentally safer ways of extracting oil using fracking fluids and increase production rate of oils from wells.
Global Fracking Fluids Market: Competitive Landscape
Some of the key players in the fracking fluid market are Baker Hughes, Calfrac Well Services Ltd., Chevron Phillips Chemical, Halliburton, BASF, The Linde Group, Trican Well Services, Schlumberger Ltd., Akzo Nobel, Weatherford International, DuPont, FTS International, Solvay S.A, Dow Chemical Company, Albemarle Corporation, Clariant, and Ashland Inc.
The fracking fluid market has witnessed backward integration of the fracking companies into the production of fracking fluids. Not only hydraulic fracturing companies but also chemicals companies have set up individual departments for the development of oilfield chemicals that operate to produce the fluids and chemicals with the desired properties.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://cmfeglobalreports.blogspot.com/
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