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Global Fracking Fluid and Chemical Market by Type (Water based fluids, Oil based fluids, Synthetic based fluids, Foam based fluids), By Application (Friction reducer, Clay controlent, Gellingent, Cross-linkers, Breakers, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-728
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 53
  • No. Of Pages: 201
  • Format:
  • Pub. Date: 2021-03-01
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The Global Fracking Fluid and Chemical Market size is expected to reach USD 5.4 billion by 2028 and will grow at 5.1% CAGR from 2021-2028. This market has been witnessing rapid growth in the last few years due to rising demand for shale gas exploration and production. In the North American region, there are various companies that have been actively involved in developing shale gas reserves. However, this industry faces several challenges such as environmental concerns and social licensing issues which may hamper its growth over the next few years.

 

Fracking fluid is a chemical mixture that enables the production of oil and gas from shale formations. It's usually composed mostly of water, sand, or some other type of proppant, plus additives to make it gel when pumped underground so that cracks are created in the rock formation. These fluids can also contain various chemicals such as acidizing agents for corrosion prevention.

 

On the basis of Type, the market is segmented into Water Based Fluids, Oil Based Fluids, Synthetic Based Fluids, and Foam Based Fluid. The Water Based Fluids segment accounted for the largest share of the market in 2017 owing to its wide application span as a friction reducer, clay controlent, or gelling agent.

 

Water Based Fluids:

Water-based fluids are used in the fracking process as primary fluid. The main function of this type is to retrieve gas, oil, and other hydrocarbons from deep inside shale deposits by injecting water at very high pressure into these formations. This causes fractures that release petroleum products from tight rock or sandstone which cannot be extracted using conventional techniques such as drilling.

The efficacy of water-based fluids can eventually decline over time due to breakdown in the wellbore caused by changing underground conditions (such as lower pressures). They also tend to carry toxic substances found naturally occurring underground, like radium salts; radioactive material created during uranium mining; residual chemicals added for various purposes including corrosion prevention under acidic environments or aiding chemical reactions between dissimilar rocks, or for the purpose of reducing friction.

 

Oil Based Fluids:

Oil-based fluids are used to control the flow of oil and natural gas from wells so that they can be collected. They typically have a high viscosity index and low pour point with less than four percent water content. Oil-based fracking fluids consist mostly of petroleum distillates such as pentanes or hexane for their light-tight properties. The chemicals in these oils are then mixed with additives before they're injected into the rock at high pressure to release trapped hydrocarbons.

Oil-based fluids are more effective than water-based ones as they do not break down over time and can be used under a wider range of conditions but may carry higher levels of toxic substances.

 

Synthetic Based Fluids:

Synthetic-based fluids are used in the hydraulic fracturing process to enhance well productivity. They include fluid loss additives, gel-based treatments, and crosslinkers that help reinvigorate natural gas wells. These fluids are used to create a viscous fluid that helps with the pumping of wells. Cementing agents and drill breakers are also classified under synthetic-based fluids.

Synthetic-based fluids have similar performance characteristics to oil-based fluids without carrying significant quantities of hazardous materials; however, their use is limited by high prices relative to other types.

 

Foam Based Fluids:

Foam-based fluids are a type of fracking fluid that can be used in applications such as friction reducer, clay controlent, gellingents, cross-linkers, and breakers. It is composed of air or nitrogen gas which causes the frac fluid to form bubbles after being injected into the wellbore. These bubbles will fill up any voids between subsurface rock layers so that they do not interfere with hydraulic fracturing operations. For example, when two different pieces of porous material like rocks are separated by an area filled with liquid there is usually some degree of drag on the materials because liquids resist motion and prevent a complete separation between them.

Foam base fluids are mainly being developed as alternatives to liquids that may contain heavy metals that present an environmental hazard in case any spills occur during drilling operations and also offer better hydrostatic control due to foam’s ability to suppress pressure surges from wellbore failures compared with liquid-based products.

 

On the basis of Application, the market is segmented into friction reducers, clay controlents, gelling fluids, cross-linkers, and breakers. Friction reducer is the largest segment of the market that accounted for over 60% of revenue in 2018 whereas Clay Controlent was its fastest-growing type during the forecast period (2021 to 2028).

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific market is anticipated to register the highest CAGR, owing to its comparatively low production cost and rapid growth in market size.

The European market is anticipated to register the second-highest CAGR, owing to its technological advancements and increased demand from drilling companies. The Middle East & Africa market is expected to have a significant share of oil-based fluid which will increase during the forecast period due to high production costs across regions.

 

Growth Factors For The Global Fracking Fluid and Chemical Market:

  • The Demand for fracking fluid and chemicals in the oil and gas industry is increasing due to the increase in drilling activities, which will subsequently lead to an increase in the use of materials such as emulsifiers, breakers, cross-linker, etc.
  • Increasing population leading the demand for energy
  • New legislation being introduced globally on chemicals used in the hydraulic fracturing process has led companies towards the adoption of water-based fluids rather than synthetic ones. This also opens up new opportunities for market players engaged in this area.

 


Up Market Research published a new report titled “Fracking Fluid and Chemical Market research report which is segmented by Types (Water based fluids, Oil based fluids, Synthetic based fluids, Foam based fluids), By Applications (Friction reducer, Clay controlent, Gellingent, Cross-linkers, Breakers, Others), By Players/Companies 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”. 

 

Report Scope

Report Attributes Report Details
Report Title Fracking Fluid and Chemical Market Research Report
By Type Water based fluids, Oil based fluids, Synthetic based fluids, Foam based fluids
By Application Friction reducer, Clay controlent, Gellingent, Cross-linkers, Breakers, Others
By Companies 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
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 201
Number of Tables & Figures 141
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Fracking Fluid and Chemical Industry Outlook
 

Global Fracking Fluid and Chemical Market Report Segments:

The market is segmented by Type Water based fluids, Oil based fluids, Synthetic based fluids, Foam based fluids and By Application Friction reducer, Clay controlent, Gellingent, Cross-linkers, Breakers, Others.

 

Some of the companies that are profiled in this report are:

  1. GE(Baker Hughes)
  2. Schlumberger
  3. Ashland
  4. Weatherford International
  5. Halliburton
  6. BASF
  7. Chevron Phillips Chemical
  8. Albemarle
  9. Clariant
  10. AkzoNobel
  11. Calfrac Well Services
  12. FTS International
  13. Dow Chemical
  14. EOG Resources
  15. Dupont
  16. Pioneer Natural Resources
 

Fracking Fluid and Chemical Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Fracking Fluid and Chemical Market
 

Overview of the regional outlook of the Fracking Fluid and Chemical Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Fracking Fluid and Chemical Market Overview
 

Highlights of The Fracking Fluid and Chemical Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Fracking Fluid and Chemical Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Water based fluids

                2. Oil based fluids

                3. Synthetic based fluids

                4. Foam based fluids

       7. By Application:

                1. Friction reducer

                2. Clay controlent

                3. Gellingent

                4. Cross-linkers

                5. Breakers

                6. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Fracking Fluid and Chemical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Fracking Fluid and Chemical Market Statistics
 

Reasons to Purchase the Fracking Fluid and Chemical Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fracking Fluid and Chemical Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Fracking Fluid and Chemical Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Fracking Fluid and Chemical Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Fracking Fluid and Chemical Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Fracking Fluid and Chemical Market Size & Forecast, 2018-2028 
      4.5.1 Fracking Fluid and Chemical Market Size and Y-o-Y Growth 
      4.5.2 Fracking Fluid and Chemical Market Absolute $ Opportunity 


Chapter 5 Global Fracking Fluid and Chemical Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Fracking Fluid and Chemical Market Size Forecast by Type
      5.2.1 Water based fluids
      5.2.2 Oil based fluids
      5.2.3 Synthetic based fluids
      5.2.4 Foam based fluids
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Fracking Fluid and Chemical Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Fracking Fluid and Chemical Market Size Forecast by Applications
      6.2.1 Friction reducer
      6.2.2 Clay controlent
      6.2.3 Gellingent
      6.2.4 Cross-linkers
      6.2.5 Breakers
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Fracking Fluid and Chemical Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Fracking Fluid and Chemical Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Fracking Fluid and Chemical Analysis and Forecast
   9.1 Introduction
   9.2 North America Fracking Fluid and Chemical Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Fracking Fluid and Chemical Market Size Forecast by Type
      9.6.1 Water based fluids
      9.6.2 Oil based fluids
      9.6.3 Synthetic based fluids
      9.6.4 Foam based fluids
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Fracking Fluid and Chemical Market Size Forecast by Applications
      9.10.1 Friction reducer
      9.10.2 Clay controlent
      9.10.3 Gellingent
      9.10.4 Cross-linkers
      9.10.5 Breakers
      9.10.6 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Fracking Fluid and Chemical Analysis and Forecast
   10.1 Introduction
   10.2 Europe Fracking Fluid and Chemical Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Fracking Fluid and Chemical Market Size Forecast by Type
      10.6.1 Water based fluids
      10.6.2 Oil based fluids
      10.6.3 Synthetic based fluids
      10.6.4 Foam based fluids
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Fracking Fluid and Chemical Market Size Forecast by Applications
      10.10.1 Friction reducer
      10.10.2 Clay controlent
      10.10.3 Gellingent
      10.10.4 Cross-linkers
      10.10.5 Breakers
      10.10.6 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Fracking Fluid and Chemical Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Fracking Fluid and Chemical Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Fracking Fluid and Chemical Market Size Forecast by Type
      11.6.1 Water based fluids
      11.6.2 Oil based fluids
      11.6.3 Synthetic based fluids
      11.6.4 Foam based fluids
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Fracking Fluid and Chemical Market Size Forecast by Applications
      11.10.1 Friction reducer
      11.10.2 Clay controlent
      11.10.3 Gellingent
      11.10.4 Cross-linkers
      11.10.5 Breakers
      11.10.6 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Fracking Fluid and Chemical Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Fracking Fluid and Chemical Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Fracking Fluid and Chemical Market Size Forecast by Type
      12.6.1 Water based fluids
      12.6.2 Oil based fluids
      12.6.3 Synthetic based fluids
      12.6.4 Foam based fluids
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Fracking Fluid and Chemical Market Size Forecast by Applications
      12.10.1 Friction reducer
      12.10.2 Clay controlent
      12.10.3 Gellingent
      12.10.4 Cross-linkers
      12.10.5 Breakers
      12.10.6 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Fracking Fluid and Chemical Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Fracking Fluid and Chemical Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Fracking Fluid and Chemical Market Size Forecast by Type
      13.6.1 Water based fluids
      13.6.2 Oil based fluids
      13.6.3 Synthetic based fluids
      13.6.4 Foam based fluids
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Fracking Fluid and Chemical Market Size Forecast by Applications
      13.10.1 Friction reducer
      13.10.2 Clay controlent
      13.10.3 Gellingent
      13.10.4 Cross-linkers
      13.10.5 Breakers
      13.10.6 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Fracking Fluid and Chemical Market: Competitive Dashboard
   14.2 Global Fracking Fluid and Chemical Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 GE(Baker Hughes)
      14.3.2 Schlumberger
      14.3.3 Ashland
      14.3.4 Weatherford International
      14.3.5 Halliburton
      14.3.6 BASF
      14.3.7 Chevron Phillips Chemical
      14.3.8 Albemarle
      14.3.9 Clariant
      14.3.10 AkzoNobel
      14.3.11 Calfrac Well Services
      14.3.12 FTS International
      14.3.13 Dow Chemical
      14.3.14 EOG Resources
      14.3.15 Dupont
      14.3.16 Pioneer Natural Resources
Segments Covered in the Report
The global Fracking Fluid and Chemical market has been segmented based on

By Types
  • Water based fluids
  • Oil based fluids
  • Synthetic based fluids
  • Foam based fluids
By Applications
  • Friction reducer
  • Clay controlent
  • Gellingent
  • Cross-linkers
  • Breakers
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • 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

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