Transparency Market Research
Single User License: Fracking Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
USD 4315.5
Flat 10% Discount!!
Report will be delivered with in 15-20 working days
Free Customization as per your requirement You will get Custom Report at Syndicated Report price
Request Sample
Buy Now
REPORT DESCRIPTION
Global Fracking Fluids Market: Overview
Hydraulic fracturing or fracking is a well-stimulation technique in which rock is fractured by a pressurized liquid called fracking fluid. Fluids used in the process are foam-based, water-based, and gelled-oil-based products. Fracking fluids can be classified based on the type of well they are used in, into horizontal and vertical wells. Owing to the development of unconventional reserves, drilling technology has been changing from predominantly vertical to predominantly horizontal. Horizontal drilling is used to extract oil & gas resources by covering a large surface area and increasing the rate of production of gas. This trend, in turn, would increase the consumption of fracking fluids, as horizontal fracking requires greater amounts of the material. The rising demand for fuel and electricity is the driving force behind the fracking fluids market.
Browse Fracking Fluids Market Report: http://www.transparencymarketresearch.com/fracking-fluidsmarket.html
Global Fracking Fluids Market: Trends and Opportunities
The demand for fuel from the domestic and industrial fronts to cover the increased population across the globe would result in the growth of the fracking fluid market. Continuous efforts have been taken by all the nations to achieve energy independence and security. All countries are keen on shifting to natural gas and are calling for a
wide-ranging shift from imported fuels to domestic natural gas. However, fracking has been facing a lot of opposition due to the environmental hazards caused by the process, which in turn is expected to hamper the growth of the market.
Also a large amount of water is required in the fracking process; hence, concerns regarding the use of fracking techniques are rising in regions with limited water supply. This problem is being addressed by capitalizing and using foam-based fluids, which utilize less water and are less harmful to the environment than water-based fluids in fracking.
Extensive research and development is being carried out to find eco-friendly fracking fluids; this is
expected to act as an opportunity for the growth of the fracking fluid market.
Global Fracking Fluids Market: Geographical Dynamics
In 2014, North America has accounted for the largest share of fracking fluids, followed by Asia Pacific. Modern fracking techniques used to obtain oil and gas from abundant reserves are driving the fracking fluid market in North America. Other regions such as Latin America, Middle East and Africa, and Europe account for less than one-third of the total fracking fluid market. Asia Pacific is expected to contribute to the significant growth of the fracking fluid market due to increasing consumption of fuels in the region in domestic and industrial activities.
Also, new reserves of shale gas have been found in China, leading to increased consumption of fracking fluids. In order to meet increasing energy demand, oil & gas companies are working to develop these shale reserves of oil and gas for extraction through hydraulic fracturing. Efforts are being taken to find more economical and environmentally safer ways of extracting oil using fracking fluids and increase production rate of oils from wells.
Global Fracking Fluids Market: Competitive Landscape
Some of the key players in the fracking fluid market are Baker Hughes, Calfrac Well Services Ltd., Chevron Phillips Chemical, Halliburton, BASF, The Linde Group, Trican Well Services, Schlumberger Ltd., Akzo Nobel, Weatherford International, DuPont, FTS International, Solvay S.A, Dow Chemical Company, Albemarle Corporation, Clariant, and Ashland Inc.
The fracking fluid market has witnessed backward integration of the fracking companies into the production of fracking fluids. Not only hydraulic fracturing companies but also chemicals companies have set up individual departments for the development of oilfield chemicals that operate to produce the fluids and chemicals with the desired properties.
Get accurate market forecast and analysis on the Fracking Fluids market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16025
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis
and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
•
Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
•
Current trends/opportunities/challenges
•
Competitive landscape
•
Technological breakthroughs
•
Value chain and stakeholder analysis
The regional analysis covers:
•
North America (U.S. and Canada)
•
Latin America (Mexico, Brazil, Peru, Chile, and others)
•
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
•
Eastern Europe (Poland and Russia)
•
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
•
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
•
A complete backdrop analysis, which includes an assessment of the parent market
•
Important changes in market dynamics
•
Market segmentation up to the second or third level
•
Historical, current, and projected size of the market from the standpoint of both value and volume
•
Reporting and evaluation of recent industry developments
•
Market shares and strategies of key players
•
Emerging niche segments and regional markets
•
An objective assessment of the trajectory of the market
•
Recommendations to companies for strengthening their foothold in the market
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact
Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blog : http://Cmfeglobalreports.blogspot.com/