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Fracking Chemicals Fluids Market - Forecasts from 2025 to 2030

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    Report

  • 145 Pages
  • November 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 6040104
The fracking chemicals fluids market isexpected to grow at a CAGR of6.81%, reaching a market size of US$58.253billion in 2030 from US$41.897 billion in 2025.

The fracking chemicals fluids market is a specialized sector within the oil and gas industry, mainly focused on fracking or hydraulic fracturing chemical additives production and application. Hydraulic fracturing is a production technique for natural gas and oil from deep underground formations by injecting high-pressure fluid into rocks to create fractures. This method has gained wide momentum because it has proved effective for accessing unconventional resources, particularly from shale formations.

The fracking fluids comprise as much as 90% water and 9.5% sand or proppants, leaving only a percentage of chemical additives at 0.5%. These chemicals fulfill several important functions, such as property enhancements of the fluid, prevention of corrosion, control of the pH level, and decreased friction while pumping. Some common additives are biocides to inhibit bacterial growth, friction reducers to increase fluid flow, and stabilizers to prevent clay swelling in the wellbore. The actual composition of fracking fluids is highly customized depending on various geological characteristics of the target formation and operation requirements.

Fracking chemicals fluids market drivers

Rising demand for fracking chemicals

The market for fracking chemicals depends on several variables, such as global demand for energy, regulatory policies, and technological progress. Recently, greater attention has been given to developing more eco-friendly and less harmful chemical formulations in light of increased concerns over environmental implications. For instance, companies now use food-grade additives due to pressure from the public over the safety of regular fracking chemicals.

Regarding low water consumption and thecarrying capacity of proppants, foam-based fracturing fluids are relatively new alternatives to water-based fluids. However, these alternatives also pose the challenge of maintaining stability within harsh reservoir conditions. Studies in nanotechnology and special surfactants are in progress to enhance performances and safety standards, which influences the market dynamics.

Segment analysis of the fracking chemicals fluids market:

TheNorth American region will dominate the fracking chemicals fluids market during the forecast period.

The North American fracking chemicals fluids market is experiencing significant growth, driven primarily by the region's abundant shale gas and tight oil reserves.

The U.S. is expected to lead the North American market share with other states like Texas, New Mexico, and North Dakota, which are pivotal in expanding crude oil reserves through advanced fracking techniques. Substantial discovery and extension of proved reserves by the U.S. Energy Information Administration also contribute to market growth. The same is true for the Canadian market, as its contribution is also positively recorded with an increase in fracking activities in the Western Canadian Sedimentary Basin.

In addition, the industry is expanding with technological evolution. More operators are incorporating waterless fracking and eco-friendly chemicals into their work to drive recovery rates while taking care of the environment. The application of super-advanced fracking chemicals will rise to a certain extent by 2024, enabling companies to drive efficiency and minimize their operation costs.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The fracking chemicals fluids market is segmented and analyzed as follows:

By Fluid Type

  • Water Based
  • Foam Based
  • Gelled Oil-Based
  • Slick Water-Based
  • Synthetic Based
  • Others

By Product Type

  • Borate Cross-Linked Fluids
  • Organometallic Cross-Linked Fluids
  • Aluminium Phosphate Ester Oil Gels

By Function

  • Surfactant
  • Scale Inhibitor
  • Friction Reducer
  • Corrosion Inhibitor
  • Biocide
  • Crosslinker
  • Gelling Agent
  • Others

By Application

  • Oil and Gas
  • Oil Well
  • Shale Gas Well
  • Horizontal Well
  • Mining
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing Demand for Fracking Chemicals Fluid from Oil and Gas Industry
4.1.2. Other Drivers
4.2. Market Restraints
4.2.1. Stringent Environmental and Governmental Regulations towards Fracking Fluids
4.2.2. Threats from Substitutes
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. FRACKING CHEMICALS FLUIDS MARKET BY FLUID TYPE
5.1. Introduction
5.2. Water Based
5.3. Foam Based
5.4. Gelled Oil-Based
5.5. Slick Water-Based
5.6. Synthetic Based
5.7. Others
6. FRACKING CHEMICALS FLUIDS MARKET BY PRODUCT TYPE
6.1. IntroductionConventional Linear Gels
6.2. Borate Cross-Linked Fluids
6.3. Organometallic Cross-Linked Fluids
6.4. Aluminium Phosphate Ester Oil Gels
7. FRACKING CHEMICALS FLUIDS MARKET BY FUNCTION
7.1. Introduction
7.2. Surfactant
7.3. Scale Inhibitor
7.4. Friction Reducer
7.5. Corrosion Inhibitor
7.6. Biocide
7.7. Crosslinker
7.8. Gelling Agent
7.9. Others
8. FRACKING CHEMICALS FLUIDS MARKET BY APPLICATION
8.1. Introduction
8.2. Oil and Gas
8.3. Oil Well
8.4. Shale Gas Well
8.5. Horizontal Well
8.6. Mining
8.7. Others
9. FRACKING CHEMICALS FLUIDS MARKET BY GEOGRAPHY
9.1. Global Overview
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Rest of South America
9.4. Europe
9.4.1. United Kingdom
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Rest of Europe
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. United Arab Emirates
9.5.3. Rest of the Middle East and Africa
9.6. Asia-Pacific
9.6.1. China
9.6.2. India
9.6.3. Japan
9.6.4. South Korea
9.6.5. Taiwan
9.6.6. Thailand
9.6.7. Indonesia
9.6.8. Rest of Asia-Pacific
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. BASF SE
11.2. Baker Hughes, a GE Company LLC
11.3. Schlumberger Limited
11.4. Halliburton
11.5. DuPont
11.6. Ashland
11.7. Calfrac Well Services Ltd.
11.8. Clariant
11.9. Weatherford

Companies Mentioned

  • BASF SE
  • Baker Hughes, a GE Company LLC
  • Schlumberger Limited
  • Halliburton
  • DuPont
  • Ashland
  • Calfrac Well Services Ltd.
  • Clariant
  • Weatherford

Methodology

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Table Information