Market Overview:
The global clear brine fluids market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Clear brine fluids are used in various applications such as oil & gas, chemical and others. The growth of the oil & gas industry is expected to drive the demand for clear brine fluids in the coming years. Additionally, increasing demand for fracking fluid in North America is also anticipated to boost the growth of this market during the forecast period.
Product Definition:
Clear brine fluids are used in the food and beverage industry as a means of preserving products. The fluids work by displacing oxygen and creating an environment that is hostile to microbial growth. This allows for a longer shelf life for the products that are stored in them.
Potassium Chloride:
Potassium chloride is a salt that occurs in nature as well as can be manufactured from several sources. It has a high content of chlorine and low content of potassium. The product finds application in the oil & gas industry, water treatment, food processing industry and for use as an electrolyte in batteries.
Calcium Bromide:
Calcium Bromide is a salt which has calcium as the base. It's produced in mines and is used for producing brine solutions that are used in offshore oil drilling activities. The major application of this product includes water softening, ice making, and de-icing applications. Calcium bromide helps remove the hardness from water by reducing the calcium ion concentration; it also reduces the freezing point of water thereby making it suitable for drinking purposes.
Application Insights:
The oil & gas segment dominated the global clear brine fluids market in 2017 and is expected to witness significant growth over the forecast period. The growing need for shale gas as a substitute for conventional fossil fuels is expected to drive the product demand in this application over the next eight years.
Chemical was another prominent segment accounting for 24% of total market volume share in 2017. Increasing utilization of chemical-grade brinefluids across multiple industries including pharmaceutical, food & beverage, pulp & paper and cosmetics are anticipated to augment industry growth during this period. Clear brinefluid is used as a source of minerals such as sodium chloride (NaCl), calcium chloride (CaCl) and magnesium chloride (MgCl). Other applications include water treatment and agriculture among others which are comparatively less demanding compared to other segments thus driving its consumption rate significantly lower than other segments globally.
Regional Analysis:
North America was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030 owing to growing oil & gas E&P activities in U.S. and Canada. The region is anticipated to account for over 35% of the global revenue share by 2030 due to increasing shale gas production coupled with rising offshore drilling activities across Gulf of Mexico, Mississippi River, and California coastlines.
The Middle East & Africa is expected to be one of the fastest-growing regions over the forecast period owing high growth potential in downstream sectors including chemicals, oilfield chemicals, lubricants etc., especially in countries such as Saudi Arabia and UAE (8% per annum). In addition, large proven reserves of natural gas are expected bode well for industry expansion over next eight years or so on account of recent developments regarding hydraulic fracturing or fracking which has led increase availability & exports worldwide thus far (excluding Mideast).
Growth Factors:
- Increasing demand for Clear Brine Fluids from oil and gas industry as a result of increasing drilling and exploration activities across the globe.
- Rising demand for Clear Brine Fluids in water management due to its ability to reduce environmental impact caused by wastewater discharge.
- Growing use of Clear Brine Fluids in hydraulic fracturing operations as it helps improve production rates and well completion times.
- Increasing adoption of Clear Brine Fluids in food processing industry owing to its properties such as high purity, low toxicity, and non-reactive nature .
Scope Of The Report
Report Attributes
Report Details
Report Title
Clear Brine Fluids Market Research Report
By Type
Potassium Chloride, Calcium Bromide, Calcium Chloride, Sodium Chloride, Sodium Bromide, Others
By Application
Oil & Gas, Chemical, Others
By Companies
Albemarle, Halliburton, LANXESS, Schlumberger, Potassium Chloride, GE(Baker Hughes), Cabot, Chemcon Speciality Chemicals, Clements Fluids, EMEC(European Marine Energy Centre), Albemarle, ICL, Solent Chemicals, Zirax
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Clear Brine Fluids Market Report Segments:
The global Clear Brine Fluids market is segmented on the basis of:
Types
Potassium Chloride, Calcium Bromide, Calcium Chloride, Sodium Chloride, Sodium Bromide, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Chemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Albemarle
- Halliburton
- LANXESS
- Schlumberger
- Potassium Chloride
- GE(Baker Hughes)
- Cabot
- Chemcon Speciality Chemicals
- Clements Fluids
- EMEC(European Marine Energy Centre)
- Albemarle
- ICL
- Solent Chemicals
- Zirax
Highlights of The Clear Brine Fluids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Potassium Chloride
- Calcium Bromide
- Calcium Chloride
- Sodium Chloride
- Sodium Bromide
- Others
- By Application:
- Oil & Gas
- Chemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Clear Brine Fluids 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Clear brine fluids are a type of water that is high in salt and low in other minerals. They are used to clean surfaces and remove contaminants.
Some of the major companies in the clear brine fluids market are Albemarle, Halliburton, LANXESS, Schlumberger, Potassium Chloride, GE(Baker Hughes), Cabot, Chemcon Speciality Chemicals, Clements Fluids, EMEC(European Marine Energy Centre), Albemarle, ICL, Solent Chemicals, Zirax.
The clear brine fluids market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Clear Brine Fluids 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 Clear Brine Fluids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Clear Brine Fluids 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 Clear Brine Fluids 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 Clear Brine Fluids Market Size & Forecast, 2020-2028
4.5.1 Clear Brine Fluids Market Size and Y-o-Y Growth
4.5.2 Clear Brine Fluids Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Potassium Chloride
5.2.2 Calcium Bromide
5.2.3 Calcium Chloride
5.2.4 Sodium Chloride
5.2.5 Sodium Bromide
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Chemical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Clear Brine Fluids 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 Clear Brine Fluids 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Potassium Chloride
9.6.2 Calcium Bromide
9.6.3 Calcium Chloride
9.6.4 Sodium Chloride
9.6.5 Sodium Bromide
9.6.6 Others
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 Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Chemical
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Potassium Chloride
10.6.2 Calcium Bromide
10.6.3 Calcium Chloride
10.6.4 Sodium Chloride
10.6.5 Sodium Bromide
10.6.6 Others
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 Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Chemical
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Potassium Chloride
11.6.2 Calcium Bromide
11.6.3 Calcium Chloride
11.6.4 Sodium Chloride
11.6.5 Sodium Bromide
11.6.6 Others
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 Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Chemical
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Potassium Chloride
12.6.2 Calcium Bromide
12.6.3 Calcium Chloride
12.6.4 Sodium Chloride
12.6.5 Sodium Bromide
12.6.6 Others
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 Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Chemical
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Potassium Chloride
13.6.2 Calcium Bromide
13.6.3 Calcium Chloride
13.6.4 Sodium Chloride
13.6.5 Sodium Bromide
13.6.6 Others
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) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Chemical
13.10.3 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 Clear Brine Fluids Market: Competitive Dashboard
14.2 Global Clear Brine Fluids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albemarle
14.3.2 Halliburton
14.3.3 LANXESS
14.3.4 Schlumberger
14.3.5 Potassium Chloride
14.3.6 GE(Baker Hughes)
14.3.7 Cabot
14.3.8 Chemcon Speciality Chemicals
14.3.9 Clements Fluids
14.3.10 EMEC(European Marine Energy Centre)
14.3.11 Albemarle
14.3.12 ICL
14.3.13 Solent Chemicals
14.3.14 Zirax
