#Fracking Fluid & Chemicals Market Outlook

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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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Oil and Gas Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Oil and Gas Pumps Market: Overview

Pumps are very important in the oil and gas industry. They are used to displace oil in several instances such as inside oil drilling rigs and refineries. They are used for injection tasks, chemical transfers, gasoline transfers, or steam stripping. The oil and gas industry cannot operate without pumps that have been specifically designed for them.

Pumps in the oil and gas industry are designed for maximum reliability and optimum functioning. It is important to consider that the oil and gas industry faces a wide range of circumstances including temperatures, pressure, and chemicals. The pumps need to remain operational in such circumstances, whether onshore or offshore.

Oil and gas pump manufacturers need to meet many criteria to deliver quality pumps. This includes selecting right materials, their high-quality processing, and complying with various industry standards such as ISO/TS 29001 Certification.

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Oil and Gas Pumps Market: Key Segmentations

The global oil and gas pumps market can be segmented into type, application, and region. In terms of type, the oil and gas pumps market can be segregated into centrifugal pumps, positive displacement pumps, and cryogenic pumps. The positive displacement pumps segment can be further categorized into screw pumps, reciprocating pumps, and progressive cavity pumps. The differences between the pumps has a direct effect on their applications. For example, centrifugal pumps are contain one or more impellers to move fluid through rotation, draw it into the pump’s suction end, and force it through the discharge end using the centrifugal force. This technique allows centrifugal pumps to be used for a wide range of applications such as handling dirty liquids or those with low viscosity or high flow rates as long as they do not contain vapors, air, or large quantities of solids. They are preferred in the upstream phase of the oil and gas industry, as a part of tri-phase or multi-phase pumping applications.

Positive displacement pumps use rotating or reciprocating parts to transport the liquid into an enclosed space. The technique is designed to create pressure that drives the liquid to its destination. This type of pump is ideal for higher viscosity liquids, and are preferred in the upstream phase of an oil refinery. Some of the key advantages of the positive displacement pumps include its compact size, high-pressure ratio, and low-cost solution. However, they are noisy and require extensive maintenance.

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In terms of application, the oil and gas pumps market can be divided into upstream, downstream, and midstream. Pump applications that take place close to the source of oil, gas, or hydrocarbons, say offshore, are considered upstream applications. Downstream applications refer to the use of pumps during the processing of materials. However, the pumps are primarily used during transportation of oil and gas in midstream applications.

Oil and Gas Pumps Market: Regional Outlook

Based on region, the global oil and gas pumps market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Demand for oil and gas pumps is related to the presence of oil and gas industry in a region. Therefore, the Middle East is a key consumer of oil and gas pumps. Similarly, increase in fracking activities in North America is projected to create lucrative opportunities in the oil and gas pumps market in the region.

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Oil and Gas Pumps Market: Key Players

The global oil and gas pumps market consists of many small and big players with varying geographical reach. Key players operating in the oil and gas pumps market include SPP Pumps, PCM Group, KSB SE & Co. KGaA, Verder International B.V., and Kirloskar Brothers Limited (India).

Companies in the Oil and Gas Pumps market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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Fracking Chemicals And Fluids Market Raw Material Outlook, Vendor Landscape & Technology Overview, 2025

The global Fracking Chemicals And Fluids Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

Global Fracking Chemicals & Fluids Market is estimated to reach USD 57.59 billion by 2025 owing to the rising demand for electricity and fuel globally. Fracking chemicals & fluid are gathering of chemicals that are used in hydraulic fracturing. Hydraulic fracturing is the process of breaking underground rocks and inoculating fluid along with sand & additives at high pressure to release oil and natural gas. Hydraulic fracturing also supports in generating cleaner energy.

Key Players:

Baker Hughes Incorporated

Halliburton Company

Schlumberger Ltd.

I. du Pont de Nemours and Company

Pioneer Engineering Services

BASF SE

The DOW Chemical Company

Akzo Nobel N.V.

Ashland

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Growth Drivers:

The fracturing chemicals and fluids are used to reduce the pressure loss caused by the friction for production of wide fracture by generating sufficient pressure drops, maintain stability, etc. The fluid prevents corrosion to a great extent, lubricates the extraction procedures and prevents bacterial growth & blockages, avoids scale disposition and maintains the viscosity of fluid among others.

Different types of fluids are used in various industrial operations like foam-based, water-based and gelled oil based. Depending on chemicals, solutions like corrosion inhibitors, surfactants and friction reducers, and scale inhibitors are used in the fracking process. The fracking chemicals & fluids industry has been experiencing positive growth due to continuous development of unconventional sources of gas and oils along with the rising demand for energy security in several economies.

The changes in the horizontal drilling techniques is predicted to drive the fracking chemicals & fluids market. Horizontal fracking activity requires a comparatively large number of fracking chemicals and fluids due to which considerable change has been observed in the segment recently. Due to this, the demand for fracking chemicals and fluids is witnessing a steady growth and this is predicted to continue in future as well.

The rising demand for energy needs with more improvements is expected to result in rising demand for fracking chemicals and fluids which also stimulates the fracking chemicals & fluids industry. The backflow of fracking fluid to the surface pollutes the ground and surface water which has given rise to more stringent norms and alternatives to fracking fluids. These are major factors that hinder the growth of the market in future. The introduction of technologies including hydraulic fracking and horizontal drilling impact high competition in the fracking chemicals & fluid market. The major players that have wide manufacturing facilities along with large territorial presence is expected to boost the market significantly. With improvements in technology, the industry is predicted to witness strong competition.

Product Outlook:

Water based fluids

Oil based fluids

Synthetic based fluids

Foam based fluids

Function Outlook:

Friction reducer

Clay control agent

Gelling agent

Cross-linkers

Breakers

Regional Insights:

Geographically, the market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is predicted to hold larger market share followed by Asia Pacific region.

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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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Fracking Chemicals Market Size: Key Player profile, Trends, Share, Growth, Demand, Industry Analysis and Regional Outlook by 2025

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.

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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

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.).

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

COVID-19 Study in Detail:

Impact of COVID-19 on Iso-Propyl Alcohol Market

Impact of COVID-19 on Steel Extruded Products Market

Coronavirus Outbreak and Plastic Films Market

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Tight Gas Market Research Report with Outlook, Strategies, Challenges, Geography Trends

Global tight gas market is expected to register a substantial CAGR of 5.13% in the forecast period of 2019-2026. Tight gas is generally a source for natural gas extraction and exploration. The extraction of natural gas through this method requires high amount of hydraulic fracturing. Tight gas is trapped inside rocks while having significantly low amount of permeability. Tight gas is extracted by pumping the cavity of rocks with high-pressurized fracking fluids to initiate the hydraulic fracturing process.

Segmentation: Global Tight Gas Market

·         By Application (Residential, Commercial, Industrial, Power Generation, Transportation)

·         By End-User (Power, Others)

·         By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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Key Market Competitors: Global Tight Gas Market

Few of the major competitors currently working in the global tight gas market are Occidental Petroleum Corporation; BP p.l.c.; Canadian Natural; Chevron Corporation; Total; Exxon Mobil Corporation; PetroChina Company Limited; Royal Dutch Shell; China Petrochemical Corporation; YPF; MARATHON OIL COMPANY; Ensign Natural Resources; DEVON ENERGY CORPORATION; EOG Resources, Inc. among others.

Competitive Analysis: Global Tight Gas Market

Global tight gas market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tight gas market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

·         Lower extraction, processing and commercialization costs for this variant of gas is expected to boost the growth of the market

·         Innovations in the extraction process of hydraulic fracturing is expected to drive the growth of the market

·         Increasing levels of expenditure being incurred on expansion of oil & gas industry will also propel the market growth

Market Restraints:

·         Presence of various harmful chemicals present in these gas extraction process; this factor is expected to hinder the growth of the market

·         Availability of alternate modes of energy such as shale gas will restrict the market growth

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·         Complete and distinct analysis of the market drivers and restraints

·         Key market players involved in this industry

·         Detailed analysis of the market segmentation

·         Competitive analysis of the key players involved

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Coal Oil Market - Global Market Opportunity Assessment Study 2026

Coal Oil Market: Introduction

Coal oil is a colorless oil that is distilled from bituminous coal and used as a fuel for lamps. Chemically, coal oil is similar to kerosene. Coal oil is a shale oil. It is obtained from the distillation of cannel coal, mineral wax, and bituminous shale. Coal oil has higher boiling point compared to gasoline or petroleum ethers. Conventionally, coal oil is used in lighting applications. It can also be used for cooking and as a fuel for automobiles. Coal oil is derived from fossil fuels. The oil has low vapor pressure and hence, higher flash point compared to gasoline or LPG (liquefied petroleum gas). Coal oil has lower risk of explosion.

Coal Oil Market: Segmentation

Based on method of exploration, the global coal oil market can be segmented into hydraulic fracturing and horizontal drilling. In hydraulic fracturing (or fracking), a fluid is pumped under high pressure into the coal oil to open up fractures. Horizontal drilling is carried out at deep levels under the ground. Horizontal drilling reduces the number of visible vertical wells located above the ground. In terms of application, the coal oil market can be divided into lamp & lighting fuel, heating oil, jet engine fuel, chemical lubricant, medical & pharmaceutical, and household applications.

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Demand for coal oil in automotive and aerospace industries is on the rise. Low vapor level of coal oil makes it suitable for jet engine applications, as it lowers the risk of exploding. Rise in the demand for coal oil for cooking applications is a key factor boosting the coal oil market. Recent advancements in the renewable energy sector are anticipated to augment the coal oil market in the next few years. According to the International Energy Agency, the global demand for natural gas is expected to increase by 1.6% per year over the next few years. This is anticipated to propel the coal oil market during the forecast period. Rise in the demand for fossil fuels in the chemical industry is also estimated to drive the coal oil market in the next few years. In the medical sector, coal oil is employed for treating disorders such as athlete’s foot, cold, and influenza. However, implementation of regulations related to coal gas exploration and production is projected to restrain the coal oil market in the near future.

Coal Oil Market: Regional Outlook

The global coal oil market expanded significantly in 2017. This trend is estimated to continue during the forecast period. In terms of demand, North America is considered a key region of the global coal oil market. Active gas exploration activities, especially by using unconventional methods, are driving the market in the region. Australia is a major country of the coal oil market in Asia Pacific. The coal oil market in the country has expanded rapidly over the last few years. The power generation sector in Australia has witnessed immense growth in the recent past. The market in China is also projected to expand significantly in the next few years. Active gas exploration activities in Eastern Europe are anticipated to propel the coal oil market in the sub-region during the forecast period. Countries in Latin America such as Brazil and Mexico have initiated offshore development activities. This is estimated to boost the coal oil market in the region. Presence of oil reserves coupled with strong presence of oil companies in Middle East & Africa is likely to augment the market in the region during the forecast period.

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Coal Oil Market: Key players

Key players operating in the global coal oil market include Exxon Mobil Corporation, Chevron Corporation, BP plc, and Koch Industries, Inc.

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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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Market Definition: Global Fracking Fluid and Chemical Market

Fracking fluid and chemical are used in hydraulic fracturing. Hydraulic fracturing is a process of breaking underground rock carried out by inserting fluid with sand and additives by pressure to release natural oil and gas. Fracking fluid and chemical are used in minimizing the pressure loss occurring due to friction. In hydraulic fracturing, fracking fluid and chemical different capacities are used, for example preventing corrosion, dissolving the minerals and keeping up the thickness of liquid. Volatile organic constituents are found to be present in fracturing fluid flow back wastes, which surpass the levels of drinking water models. 1, 2-Dichloroethane, a volatile organic compounds is present in a fracturing fluid flowback wastes. For instance, from Texas, examining of flow back tests has uncovered concentrations of 1, 2-Dichloroethane at 1,580 ppb which is excess of 316 times of EPA’s maximum contaminant level in drinking water. One of the factors which led to drive the fracking fluid and chemical market is continuous product advancement. For instance, Energy Recovery Inc. has launched a VorTeq for hydraulic fracturing industry which will help in reduction of maintenance costs and with increased runtime by redirecting abrasive fluid away from prevailing hydraulic fracturing pumps.

Market Drivers:

Increasing demand of fracking fluid and chemical due to the rise in horizontal fracking activity

Rising demand for energy with respect to growing industrialization and more exploration

Continuous product advancement consisting non-toxic foams and drilling fluids as an alternative towards toxic oil based fluid (OBF),

Market Restraint:

Strict environmental and governmental regulations towards fracking fluids

Public anxieties with regards to the effects of hydraulic fracturing

Segmentation: Global Fracking Fluid and Chemical Market

By Fluid Type

Water-Based

Foam-Based

Gelled Oil-Based

Slick Water-Based

Synthetic based

Others

By Well Type

Vertical

Horizontal

By Function Type

Cross-Linkers

Gelling Agent

PH Adjusting Agent

Biocide

Surfactant

Friction Reducer

Corrosion Inhibitor

Breaker

Clay Stabilizer

Acid

Iron Control Agent

Scale Inhibitor

Others

By Geography

North America

Europe

Asia-Pacific

South America

Middle East & Africa

U.S.

Canada

Mexico

Germany

France

UK

Italy

Spain

Switzerland

Netherlands

Turkey

Belgium

Russia

Rest of Europe

Japan

China

India

South Korea

Australia

Singapore

Thailand

Malaysia

Indonesia

Philippines

Rest of Asia Pacific

Brazil

Rest of South America

South Africa

Rest of Middle East and Africa

Competitive Landscape: Global Fracking Fluid and Chemical Market

The global fracking fluid and chemical market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fracking fluid and chemical for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Fracking Fluid and Chemical Market

The key players operating in the fracking fluid and chemical market are –

BASF SE

Baker Hughes Incorporated.

I. du Pont de Nemours and Company

Schlumberger Ltd

Dow Chemical Company

The other players in the market are Halliburton Company, Pioneer Engineering Services, Ashland Inc., Calfrac Well Services Ltd., Chevron Phillips Chemical Company, Albemarle Corporation, FTS International, Weatherford International, Clariant, SNP, Inc among others.

Research Methodology: Global Fracking Fluid and Chemical Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your Inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. 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, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

Historical and current market size and projection up to 2025

Market trends impacting the growth of the fracking fluid and chemical market

Analyze and forecast the fracking fluid and chemical market on the basis of application and end user

Trends of key regional and country-level markets for application and end user

Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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Fracking Chemicals Market: Size, Share, Industry Segments, Growth, Trends, Demand, Key Player profile and Regional Outlook by 2025

Fracking Chemicals Market: Size, Share, Industry Segments, Growth, Trends, Demand, Key Player profile and Regional Outlook by 2025

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…

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Fracking Chemicals And Fluids Market Analysis Report - Industry Trends, Growth and Segmentation by 2025

31th July 2019 Global Fracking Chemicals & Fluids Market is estimated to reach USD 57.59 billion by 2025 owing to the rising demand for electricity and fuel globally. Fracking chemicals & fluid are gathering of chemicals that are used in hydraulic fracturing. Hydraulic fracturing is the process of breaking underground rocks and inoculating fluid along with sand & additives at high pressure to release oil and natural gas. Hydraulic fracturing also supports in generating cleaner energy. The fracturing chemicals and fluids are used to reduce the pressure loss caused by the friction for production of wide fracture by generating sufficient pressure drops, maintain stability, etc. The fluid prevents corrosion to a great extent, lubricates the extraction procedures and prevents bacterial growth & blockages, avoids scale disposition and maintains the viscosity of fluid among others.

Different types of fluids are used in various industrial operations like foam-based, water-based and gelled oil based. Depending on chemicals, solutions like corrosion inhibitors, surfactants and friction reducers, and scale inhibitors are used in the fracking process. The fracking chemicals & fluids industry has been experiencing positive growth due to continuous development of unconventional sources of gas and oils along with the rising demand for energy security in several economies.

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The changes in the horizontal drilling techniques is predicted to drive the fracking chemicals & fluids market. Horizontal fracking activity requires a comparatively large number of fracking chemicals and fluids due to which considerable change has been observed in the segment recently. Due to this, the demand for fracking chemicals and fluids is witnessing a steady growth and this is predicted to continue in future as well.

The rising demand for energy needs with more improvements is expected to result in rising demand for fracking chemicals and fluids which also stimulates the fracking chemicals & fluids industry. The backflow of fracking fluid to the surface pollutes the ground and surface water which has given rise to more stringent norms and alternatives to fracking fluids. These are major factors that hinder the growth of the market in future.

The introduction of technologies including hydraulic fracking and horizontal drilling impact high competition in the fracking chemicals & fluid market. The major players that have wide manufacturing facilities along with large territorial presence is expected to boost the market significantly. With improvements in technology, the industry is predicted to witness strong competition.

Fracking chemicals & fluids industry is segmented on the basis of product type, function, and geography. In terms of product type, the market is divided into Water based fluids, Oil based fluids, Synthetic based fluids, and Foam based fluids. Water based fluids is anticipated to be the largest product segment in the fracking chemicals and fluids market. On the basis of function, the market is divided into Friction reducer, Biocides, Clay control agent, Gelling agent, Cross-linkers, Breakers, Buffers, Surfactants and others.

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Geographically, the market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is predicted to hold larger market share followed by Asia Pacific region. The top players in fracking chemicals and fluids industry are Akzo Nobel N.V., Baker Hughes Incorporated, BASF SE, Halliburton Company, Schlumberger Ltd., E. I. du Pont de Nemours and Company, Pioneer Engineering Services, and The Dow Chemical Company.

Market Segment:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

   • Water based fluids

   • Oil based fluids

   • Synthetic based fluids

   • Foam based fluids

Well type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

   • Horizontal well

   • Vertical well

Function Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

   • Friction reducer

   • Clay control agent

   • Gelling agent

   • Cross-linkers

   • Breakers

   • Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

   • North America

       • U.S.

       • Canada

       • Mexico

   • Europe

       • UK

       • Russia

   • Asia Pacific

       • China

       • Australia

   • Central & South America

       • Brazil

       • Argentina

   • Middle East & Africa

       • Algeria

       • South Africa

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Fracking Fluids And Chemicals Market to Witness a Healthy Growth during 2016 – 2026

Fracking fluids and chemicals are a cluster of chemicals used in hydraulic fracturing. Hydraulic fracturing is a breaking process of underground rock carried out by injecting fluid along with sand and additives at high pressure to release natural gas and oil. This hydraulic fracturing has provided access to more clean energy. The fracturing fluids and chemicals are used to minimize the pressure loss due to friction, for creation of wide fracture by generating enough pressure drop, to maintain well stability etc. In hydraulic fracturing, fluids and chemical additives serve many functions such as preventing corrosion, dissolving minerals, stabilizing the product, preventing scale deposition and maintaining the viscosity of fluid among the others.

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Global Fracking fluids and chemicals Market: Drivers and Restraints

The changing trend of drilling wells towards horizontal drilling is expected to drive the growth of global market for fracking fluids and chemicals. Over the recent past, there has been a significant increase in horizontal fracking activity. This activity necessitates a relatively larger amount of fracking fluids and chemicals. As such, the demand for fracking fluids and chemical has witnessed a steady growth. The trend is expected to continue over the forecast period. The increasing demand for energy needs more exploration which in turn results in increasing demand for fracking fluids and chemicals. Backflow of the water or fracking fluid to the surface contaminates the surface and ground water. Thus, strict environmental regulations and alternatives to fracking fluids are major factors that are expected to restrain the growth of fracking fluids and chemicals market during the forecast period.

Global Fracking fluids and chemicals Market: Segmentation

The global fracking fluid and chemicals market is segmented on the basis of product type, function and region.

On the basis product type, the global fracking fluids and chemicals market is segmented below:

Water based fluids

Oil based fluids

Synthetic based fluids

Foam based fluids

On the basis of function, the global fracking fluids and chemical market is segmented as follows:

Friction reducer

Biocides

Clay control agent

Gelling agent

Cross-linkers

Breakers

Buffers

Surfactants

Others

Global Fracking fluids and chemicals Market: Region – wise outlook

The global fracking fluids and chemical market is segmented into seven geographical regions namely North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Asia-Pacific (excluding Japan) and Japan. Increasing oil & gas exploration activity in North America has resulted in the region accounting for a largest share in global fracking fluid and chemical market. Although hydraulic fracturing activity is relatively slower in Asia Pacific region, the region is expected to register a robust growth over the forecast period.

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Global Fracking fluids and chemicals Market: Key players

Baker Hughes Incorporated

Halliburton Company

Schlumberger Ltd

E. I. du Pont de Nemours and Company

Pioneer Engineering Services

BASF SE

The Dow Chemical Company

Akzo Nobel N.V.

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Fracking Chemicals And Fluids Market Economic Impact and Market Dynamics| Forecast To 2025

Global Fracking Chemicals & Fluids Market is estimated to reach USD 57.59 billion by 2025 owing to the rising demand for electricity and fuel globally. Fracking chemicals &fluid are gathering of chemicals that are used in hydraulic fracturing. Hydraulic fracturing is the process of breaking underground rocks and inoculating fluid along with sand & additives at high pressure to release oil and natural gas. Hydraulic fracturing also supports in generating cleaner energy. The fracturing chemicals and fluids are used to reduce the pressure loss caused by the friction for production of wide fracture by generating sufficient pressure drops, maintain stability, etc. The fluid prevents corrosion to a great extent, lubricates the extraction procedures and prevents bacterial growth & blockages, avoids scale disposition and maintains the viscosity of fluid among others.

Different types of fluids are used in various industrial operations like foam-based, water-based and gelled oil based. Depending on chemicals, solutions like corrosion inhibitors, surfactants and friction reducers, and scale inhibitors are used in the fracking process. The fracking chemicals & fluids industry has been experiencing positive growth due to continuous development of unconventional sources of gas and oils along with the rising demand for energy security in several economies.

Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/fracking-chemicals-fluids-market/request-sample

The changes in the horizontal drilling techniques is predicted to drive the fracking chemicals & fluids market. Horizontal fracking activity requires a comparatively large number of fracking chemicals and fluids due to which considerable change has been observed in the segment recently. Due to this, the demand for fracking chemicals and fluids is witnessing a steady growth and this is predicted to continue in future as well.

The rising demand for energy needs with more improvements is expected to result in rising demand for fracking chemicals and fluids which also stimulates the fracking chemicals & fluids industry. The backflow of fracking fluid to the surface pollutes the ground and surface water which has given rise to more stringent norms and alternatives to fracking fluids. These are major factors that hinder the growth of the market in future.

The introduction of technologies including hydraulic fracking and horizontal drilling impact high competition in the fracking chemicals & fluid market. The major players that have wide manufacturing facilities along with large territorial presence is expected to boost the market significantly. With improvements in technology, the industry is predicted to witness strong competition.

Fracking chemicals & fluids industry is segmented on the basis of product type, function, and geography. In terms of product type, the market is divided into Water based fluids, Oil based fluids, Synthetic based fluids, and Foam based fluids. Water based fluids is anticipated to be the largest product segment in the fracking chemicals and fluids market. On the basis of function, the market is divided into Friction reducer, Biocides, Clay control agent, Gelling agent, Cross-linkers, Breakers, Buffers, Surfactants and others.

Geographically, the market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is predicted to hold larger market share followed by Asia Pacific region. The top players in fracking chemicals and fluids industry are Akzo Nobel N.V., Baker Hughes Incorporated, BASF SE, Halliburton Company, Schlumberger Ltd., E. I. du Pont de Nemours and Company, Pioneer Engineering Services, and The Dow Chemical Company.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/fracking-chemicals-fluids-market

Market Segment:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Water based fluids • Oil based fluids • Synthetic based fluids • Foam based fluids

Well type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Horizontal well • Vertical well

Function Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Friction reducer • Clay control agent • Gelling agent • Cross-linkers • Breakers • Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Mexico • Europe • UK • Russia • Asia Pacific • China • Australia • Central & South America • Brazil • Argentina • Middle East & Africa • Algeria • South Africa

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Ceramic Proppant Market to Receive Overwhelming Hike in Revenues by 2026

Ceramic Proppant Market: Introduction        

Proppant is a solid material, typically treated sand or man-made ceramic materials, designed to keep induced hydraulic fracture open, during the fracturing treatment. Ceramic proppant is added to fracking fluid which may vary in composition depending on the type of fracturing. Ceramic proppant is employed in low-volume well stimulation, which has high permeability sandstone wells to the high-volume operations. The quality and performance of the ceramic proppant is important to build fractures and to maintain a favorable balance between contact and conductivity for the lifespan of oil wells. Lightweight ceramic proppants are economically feasible and produced from close-controlled high-quality calcined kaolin clay. The function of ceramic proppant is to maintaining conducive fractures during well production. Ceramic proppants are composed of silica or ash, advanced proppants such as ultra-weight proppants are preferred as they have decreased settling time and require low viscosity fluids for transporting oil and gas.

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These proppants maintain conductive hydraulic fractures and are used as a crude way to detect hydraulic fracture geometry and to detect matrices for the slow release of down-hole chemical additives. The manufacturing process of ceramic proppants is eco-friendly and it uses raw materials such as bauxite. Sand-based proppants are commonly used in the oil & gas industry as they are readily available at low cost.

Ceramic Proppant Market: Segmentation Outlook

The global ceramic proppant market can be segmented based on form, application, and region. In terms of form, the ceramic proppant market can be bifurcated into granular and powder. The powder segment is projected to expand at rapid pace during the forecast period. Increasing need for oil and gas is driving the demand for powder ceramic proppant.

Based on application, the ceramic proppant market can be classified into oil & gas, building & construction, chemicals, and others. The oil & gas segment is projected to expand at a substantial pace during the forecast period. Oil well technique of hydraulic fracturing is frequently used. Rocks are fractured using liquids, which are hydraulically pressurized. This cracks the rocks to assure free flow of petroleum, brine, and natural gas. Ceramic proppants are preferred over other alternatives as they are small in size and possess high strength and conductivity. This helps increase the demand for ceramic proppant during the forecast period.

Ceramic Proppant Market: Regional Outlook

In terms of region, the global ceramic proppant market can be segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. North America is expected to remain a leading region for the global ceramic proppant market during the forecast period. Increasing demand for oil exploration companies & recovery in natural gas prices, would extend the oilfield activity. This, in turn, is projected to be a factor driving the ceramic proppant market during the forecast period.

Furthermore, high consumption oil and gas in Asia Pacific, especially in India and China is expected to increase the ceramic proppant market demand during the forecast period. Countries in the Middle East, who have massive mining infrastructure are actively investing in drilling multi-stage oil wells. This is anticipated to boost the demand for ceramic proppant in the sub-region.

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Ceramic Proppant Market: Key Player

The global ceramic proppant market is consolidated. Small numbers of companies operate at the global and regional level. Major companies include Badger Mining Corporation, Fores LLC, Carbo Ceramics, JSC Borovichi Refractories Plant, Momentive Speciality Chemicals Inc., and Imerys S.A. Players operating in the market consider numerous factors such as stress on proppants, creation of permeability and conductivity to maximize efficiency of their operations.

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Hydraulic Fracturing Market - In-depth analysis of key business trends and future development by 2025

Global Hydraulic Fracturing Market: Snapshot

The process of hydraulic well fracturing (or ‘fracking’) essentially includes fracturing the rock or creating enough pressure to induce cracking the rock layer and is used after the hole has been drilled. This is necessary in order to create pathways and facilitate the movement of natural gas and oil through the rock to the oil well and is helpful in augmenting volumes of recovery of fluids. This is one of the most popular technologies used in unconventional oil and natural gas production. The technology has gained significance in a number of countries focusing on natural gas reservoirs for meeting their energy needs, especially in the U.S. A significant part of oil and gas exploration activities in North America tend to incline toward shale gas extraction in order to keep many oil and gas operations lucrative. For instance, in many states of the U.S., hydraulic well fracturing process is prominently used for keeping the exploration activities in several maturing oil and natural gas fields economically viable. Along with horizontal drilling, the process of hydraulic well fracturing, has recently opened up new avenues in the area of oil and gas production.

Common fracturing fluids used in the process are water, chemical additives, and proppants typically consisting of sand, ceramic pellets or any small particles that resist compression. These fluids are used to induce fracturing and keep open the fractures created within the rocks lying thousands of feet beneath the surface. After the injection of the fluids are over, the internal pressure of the rock formation causes fluids, along with water, to flow back to the surface. Typically called ‘flowback’ fluid, these are stored in tanks or pits so that they can be used for treatment or recycling or disposal, mostly to the underground, if possible.

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Global Hydraulic Fracturing Market: Overview

Millions of gallons of water, chemicals, and sand are pushed underground to take apart rocks and release gases, in a process known as hydraulic fracturing. While the hydraulic process is often confused with the process of drilling, hydraulic fracturing is actually used after a hole has been drilled. The process is widely used all over the globe, particularly in the Middle East.

Major oil and gas producers have been feeling the pinch of declining conventional reserves. However, with the assistance of hydraulic fracturing techniques, hydrocarbon extraction from unconventional reserves has become tad easier.

Global Hydraulic Fracturing Market: Key Trends

The world is going through a crisis in terms of depleting conventional reserves and hydraulic fracturing is a silver lining for those who are directly or indirectly dependent on these reserves. The demand for hydraulic fracturing is high as a shift in preference can be witnessed for unconventional reserves including shale, tight gas, tight oil, and coal bed methane, which is in turn fuelling the market. Also, rapid infrastructure development and industrialization are supplementing the demand for hydraulic fracturing.

Although hydraulic fracturing is being given a lot of importance in various countries, the market has had to face the music on account of several adverse effects such as noise and visual impact, seismic events, and land surface disturbances. In addition, expensive operational costs involved in development of shale gas is presenting a tough challenge to hydraulic fracturing companies.

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Global Hydraulic Fracturing Market: Market Potential

The demand for energy is never going to subside. There is an urgent need for innovative ideas and new technologies that will reduce development and management costs and increase efficiency and effectiveness. The economic advantage achieved will further help drilling, exploration, expansion, and fracturing activities in new territories.

Saudi Arabian Oil Company, also called Saudi Aramco, has been relentlessly working on the stimulation and fracturing of wells and has been expanding and improving continuously in the areas of fracture design, use of novel materials, and field implementation. It recently introduced the use of local sand as proppants combined with the channel fracturing technique.

Seawater-based fracturing fluids is another commendable technology being developed and adopted in Saudi Arabia, which will help save valuable fresh water. The few field applications and laboratory experiments have shown constancy at high pressures and temperatures, compatibility with fracturing additives and formation fluids, and resilience against scale formation. This technology will go a long way in serving the environment tremendously through the use of seawater and will help make fresh water available and affordable in remote areas.

Global Hydraulic Fracturing Market: Regional Outlook

The U.S. market for hydraulic fracturing is prospering due to growing exploration and production of unconventional resources such as tight oil and shale gas, coupled with available resources such as advanced technology and skilled manpower.

Due to surplus availability of unconventional resources, China’s hydraulic fracturing market is expected to grow during the forecast period. Whereas in Europe, increasing investigation related to the development of available hydrocarbon reserves is likely to favor the business growth.

Escalating investments in oil and gas projects are giving impetus to the market in Saudi Arabia. Saudi Aramco is planning to invest US$334 billion to support infrastructure project, service facilities, and in the exploration and production phase of unconventional resources.

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Global Hydraulic Fracturing Market: Competitive Analysis  

The global hydraulic fracturing market is highly consolidated despite the presence of a large number of players operating across the value chain. Some of the prominent participants in this industry are FTS International, Cudd Energy Services, Patterson UTI Tacrom Services, Trican Well Services, Baker Hughes Incorporated, Trican Well Services Ltd, Weatherford International, Haliburton, Calfrac Well Services, Schlumberger Limited., ConocoPhilips, Franklin, United Oilfield Services, and Superior Energy Services.

In 2016, Oklahoma’s Seventy Seven Energy entered into a merger agreement with Patterson UTI to expand its fracturing business with 201 high specific rigs.

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