Global Fracking Fluids Market Outlook (2017-2026): Projected to Expand at a CAGR of 13.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “Fracking Fluids - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.According to this report, the Global Fracking Fluid market accounted for $26.68 billion in 2017 and is expected to reach $83.39 billion by 2026 growing at a CAGR of 13.5% during the forecast period.Some of the important factors fuelling market growth include Energy shift towards gas and energy protection. However, environmental hazard caused by fracturing is expected to hamper the growth of the market. One of the major opportunities is the eco-friendly Fracking Fluids.
By fluid types, water based fluids is expected to be the fastest growing segment in the product category over the forecast period. Rising concern towards toxicity and biodegradation of fracking fluids is anticipated to fuel the water based fluids product response during the forecast period. Due to its capability to minimize erosion of weak rock formations and circulation loss, these fluids are estimated to gain importance over the forecast period.
North America is the global leader of this market during the estimate period, and the market is driven by the increase in fracking activities for oil & gas deposits.
Key Topics CoveredExecutive SummaryPrefaceMarket Trend AnalysisPorters Five Force AnalysisGlobal Fracking Fluids Market, By Fluid TypeGlobal Fracking Fluids Market, By Well TypeGlobal Fracking Fluids Market, By FunctionGlobal Fracking Fluids Market, By GeographyKey DevelopmentsCompany ProfilingBASF SEDow ChemicalE.I. Dupont De Nemours & Co.Schlumberger LimitedHalliburton Co.Baker HughesChevron Phillips Chemical CompanySolvayWeatherford InternationalAkzonobelAshlandAlbemarle CorporationNabors IndustriesClariant InternationalFTS InternationalCalfrac Well ServicesEconomy Polymers & ChemicalsReagent Chemical and ResearchPatterson-UTI Energy
For more information about this report, visit https://www.researchandmarkets.com/research/d63hj4/global_fracking?w=4.
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Related Topics:Oil and Gas Exploration and Production
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
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PUB: 12/04/2018 10:00 AM/DISC: 12/04/2018 10:01 AM