Fracking fluid & chemicals are a group of water, chemicals and sand. It composition is exceptional to each industry player as they alter the structure according to their needs depending upon the presence of surface water or ground water in the manufacturing plant. Selection of fracking mixture majorly depends on the area and regulations instructed by local as well as state governments. It is used to reduce the pressure loss due to friction, which generates enough pressure drop to well maintain stability of the mixture. Adding additives in hydraulic fracturing deliver various functions including dissolving minerals, preventing scale deposition, maintaining fluid viscosity, corrosion resistance, stabilizing the product and dissolving minerals.
This report contains market size and forecasts of Fracking Fluid and Chemical in global, including the following market information:
- Global Fracking Fluid and Chemical Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Fracking Fluid and Chemical Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Fracking Fluid and Chemical companies in 2021 (%)
The global Fracking Fluid and Chemical market was valued at 37090 million in 2021 and is projected to reach US$ 65480 million by 2028, at a CAGR of 8.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Water Based Fluids Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Fracking Fluid and Chemical include GE(Baker Hughes), Schlumberger, Ashland, Weatherford International, Halliburton, BASF, Chevron Phillips Chemical, Albemarle and Clariant, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Fracking Fluid and Chemical manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Fracking Fluid and Chemical Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Fracking Fluid and Chemical Market Segment Percentages, by Type, 2021 (%)
- Water Based Fluids
- Oil Based Fluids
- Synthetic Based Fluids
- Foam Based Fluids
Global Fracking Fluid and Chemical Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Fracking Fluid and Chemical Market Segment Percentages, by Application, 2021 (%)
- Horizontal Well
- Vertical Well
Global Fracking Fluid and Chemical Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Fracking Fluid and Chemical Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Fracking Fluid and Chemical revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Fracking Fluid and Chemical revenues share in global market, 2021 (%)
- Key companies Fracking Fluid and Chemical sales in global market, 2017-2022 (Estimated), (MT)
- Key companies Fracking Fluid and Chemical sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GE(Baker Hughes)
- Schlumberger
- Ashland
- Weatherford International
- Halliburton
- BASF
- Chevron Phillips Chemical
- Albemarle
- Clariant
- AkzoNobel
- Calfrac Well Services
- FTS International
- Dow Chemical
- EOG Resources
- Dupont
- Pioneer Natural Resources
