Market Overview:
The global filtration control additive market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for drilling fluids in the oil & gas industry. Based on type, the global filtration control additive market has been segmented into polymer type and non-polymer type. The polymer type segment is expected to account for a major share of the global filtration control additive market during the forecast period. This can be attributed to its ability to improve fluid properties such as viscosity, density and gel strength.
Product Definition:
A Filtration Control Additive is a substance that is added to a fluid in order to improve the filterability of the fluid. The additive helps keep the contaminants in suspension so that they can be more easily removed by the filter.
Polymer Type:
Polymer type is a significant factor in filtration control additive market. It has been observed that the demand for polymer type varies from country to country and even within the same country depending upon its application. The growth of this industry can be attributed to increasing environmental concerns, stringent regulations regarding water treatment and disposal coupled with growing population which has resulted in increased demand for water.
Non-polymer Type:
Non-polymer type is a new term in the filtration control additive market and it was introduced to differentiate between traditional polymers & their advanced counterparts. Traditional polymers are used as thickeners, stabilizers, and colorants in the manufacturing of filters. On the other hand, non-polymer type additives have been developed for use as wetting agents, defoamers & lubricants among others.
Application Insights:
Based on the application, the global filtration control additive market has been segmented into water-based drilling fluids and oil-based drilling fluids. The water-based drilling fluid segment dominated the overall market in terms of revenue share in 2017. This is attributed to growing demand for high pressure fracturing fluid additives from various end users such as shale gas producers and energy companies.
The growth of this application can be attributed to increasing use of polymer type additives that help reduce permeability by forming a thin film around solid particles thereby reducing their mobility. Polymer type FCA also helps prevent clogging due to its anti-rebounding property which enables smooth flow of liquids during circulation while preventing any backpressure formation within the system, thereby minimizing operational costs and increasing productivity over extended period of time.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in drilling & exploration activities, which is anticipated to drive product demand. In addition, rising government spending on infrastructure development projects such as roads, hospitals, schools and airports is likely to create numerous opportunities for filtration control additives manufacturers over the coming years.
The Middle East & Africa region accounted for a significant share of revenue generated by Asia Pacific market owing to increasing oil & gas E&P activities across major countries including Saudi Arabia and UAE. In addition, growing offshore E&P activities are also expected to drive regional product demand during the forecast period.
Growth Factors:
- Increasing demand for filtration control additives from the automotive and aerospace industries due to the stringent emission norms
- Growing demand for water treatment chemicals, especially in emerging economies, owing to the increasing population and industrialization
- Rising awareness about the benefits of using filtration control additives in various end-use applications
- Technological advancements in filtration control additive manufacturing that have led to improved product performance
- Stringent environmental regulations across regions that mandate use of high-quality filtration control additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Filtration Control Additive Market Research Report
By Type
Polymer Type, Non-polymer Type
By Application
Water-based Drilling Fluids, Oil-based Drilling Fluids
By Companies
Halliburton, Schlumberger, Baroid Industrial Drilling Products, Newpark
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Filtration Control Additive Market Report Segments:
The global Filtration Control Additive market is segmented on the basis of:
Types
Polymer Type, Non-polymer Type
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
Water-based Drilling Fluids, Oil-based Drilling Fluids
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:
- Halliburton
- Schlumberger
- Baroid Industrial Drilling Products
- Newpark
Highlights of The Filtration Control Additive 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:
- Polymer Type
- Non-polymer Type
- By Application:
- Water-based Drilling Fluids
- Oil-based Drilling Fluids
- 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 Filtration Control Additive 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
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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?
Filtration control additive is a chemical that helps to improve the filtration of water. It can help to reduce the amount of sediment and other impurities that are present in water.
Some of the major companies in the filtration control additive market are Halliburton, Schlumberger, Baroid Industrial Drilling Products, Newpark.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Filtration Control Additive 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 Filtration Control Additive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Filtration Control Additive 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 Filtration Control Additive 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 Filtration Control Additive Market Size & Forecast, 2020-2028
4.5.1 Filtration Control Additive Market Size and Y-o-Y Growth
4.5.2 Filtration Control Additive 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 Polymer Type
5.2.2 Non-polymer Type
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 Water-based Drilling Fluids
6.2.2 Oil-based Drilling Fluids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Filtration Control Additive 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 Filtration Control Additive 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 Polymer Type
9.6.2 Non-polymer Type
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 Water-based Drilling Fluids
9.10.2 Oil-based Drilling Fluids
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 Polymer Type
10.6.2 Non-polymer Type
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 Water-based Drilling Fluids
10.10.2 Oil-based Drilling Fluids
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 Polymer Type
11.6.2 Non-polymer Type
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 Water-based Drilling Fluids
11.10.2 Oil-based Drilling Fluids
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 Polymer Type
12.6.2 Non-polymer Type
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 Water-based Drilling Fluids
12.10.2 Oil-based Drilling Fluids
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 Polymer Type
13.6.2 Non-polymer Type
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 Water-based Drilling Fluids
13.10.2 Oil-based Drilling Fluids
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 Filtration Control Additive Market: Competitive Dashboard
14.2 Global Filtration Control Additive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Halliburton
14.3.2 Schlumberger
14.3.3 Baroid Industrial Drilling Products
14.3.4 Newpark
