Fracking Fluid and Chemical Market Insights, Forecast to 2025 ď ľ
Published On : 5 March 2019
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Report Studies Fracking fluid & chemicals are a group of water, chemicals, and sand. Its composition is exceptional to each industry player as they alter the structure according to their needs depending upon the presence of surface water or groundwater in the manufacturing plant. The 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 the 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. An increase in research & development activities for manufacturing eco-friendly fluids and chemicals is estimated to drive the fracking fluid & chemical market. Rising demand for electricity and fuels is expected to propel the product demand owing to the high demand for fuel from industrial and domestic front to cater to a growing population worldwide.
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By Manufacture
Baker Hughes
Schlumberger
Ashland
Weatherford International
Halliburton
BASF
Chevron Phillips Chemical
Albemarle E-mail: help@grandresearchstore.com
Fracking Fluid and Chemical Market By Application 6 5 4 3 2 1 0
Application1
Application2 2018
Application3 2025
Application4
growth
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Fracking Fluid and Chemical Market Value CAGR 9.1% (2018 - 2023)
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2018
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2019
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2020
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2021
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2022
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2023
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2024
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2025
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