Market Overview:
The global fracking chemicals and fluid market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shale gas and oil recovery across the globe. In terms of type, the foam-based fracking chemicals and fluid segment is expected to lead the market during the forecast period, followed by water-based and gelling oil-based segments. The growth in this segment can be attributed to its ability to reduce surface tension between fluids which helps in improving well productivity. In terms of application, oil recovery is expected to lead the market during the forecast period, followed by shale gas.
Product Definition:
Fracking chemicals and fluids are used in the fracking process to help break up shale rock and release the oil and gas inside. The most common fracking fluid is water, but other fluids like propane or methane can also be used.
Foam-Based:
Foam-based is a general term used for gases generated during the hydraulic fracturing process. The foam acts as a carrier for chemicals and helps carry them to the target location. Foam-based fracking fluid has gained popularity over traditional drilling fluids due to its ability to cut down on costs, reduce environmental risks, and provide high performance in terms of penetration rate and borehole productivity.
Water-Based:
Water-based chemicals are used in the oil & gas industry to extract petroleum products such as natural gas and crude oil. These water-based solutions help companies maximize their profits by reducing exploration costs, which is expected to drive the global market over the forecast period.
Application Insights:
Oil recovery is the most dominant application of fracturing chemicals and accounted for over 90% of the global volume in 2016. The high preference for this technology to extract oil from low-quality resources has resulted in its dominance across the globe.
Global fracking chemicals.
The shale gas application segment is expected to grow at a CAGR of XX% from 2017 to 2030 owing to its cleaner combustion quality as compared with that of coal-based energy sources which are widely used across Europe and Asia Pacific regions respectively. Moreover, increasing exploration activities in China, Argentina India & Australia due to growing domestic demand along with those countries reliance on coal imports will boost shale gas production over the forecast period thereby driving demand globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the high number of unconventional oil and gas reserves in the U.S. The country is also a key producer of shale gas, which has encouraged numerous companies to carry out hydraulic fracturing activities for drilling deep wells across various regions.
The European region accounted for second-largest share after North America with respect to volume consumption as countries such as France and Germany are among those nations that have banned hydraulic fracking completely or imposed strict regulations on it, thus hampering its growth prospects in this region. However, rising demand from emerging economies such as Poland and Turkey is expected to benefit regional growth over the forecast period.
Asia Pacific is anticipated to witness significant gains over North America during the forecast period owing to growing energy needs coupled with increasing government support towards development of unconventional energy resources in countries like China, India, Australia etc., which will drive product demand over next eight years at a CAGR exceeding 5%.
Growth Factors:
- Increasing demand for energy from developing countries is expected to drive the fracking chemicals and fluid market growth over the forecast period.
- Rising investments in shale gas exploration and production are also anticipated to propel the market growth.
- Stringent environmental regulations for hydraulic fracturing are likely to create opportunities for fracking chemicals and fluid manufacturers over the next few years.
- Growing use of horizontal drilling technology is projected to boost the demand for fracking fluids in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fracking Chemicals and Fluid Market Research Report
By Type
Foam-Based, Water-Based, Gelling Oil Based
By Application
Oil Recovery, Shale Gas
By Companies
Dow, Clariant, BASF, Calfrac Well Services, Halliburton, FTS International, Weatherford, GE, Trican Well Services, Solvay, Dow
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Fracking Chemicals and Fluid Market Report Segments:
The global Fracking Chemicals and Fluid market is segmented on the basis of:
Types
Foam-Based, Water-Based, Gelling Oil Based
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 Recovery, Shale Gas
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:
- Dow
- Clariant
- BASF
- Calfrac Well Services
- Halliburton
- FTS International
- Weatherford
- GE
- Trican Well Services
- Solvay
- Dow
Highlights of The Fracking Chemicals and Fluid 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:
- Foam-Based
- Water-Based
- Gelling Oil Based
- By Application:
- Oil Recovery
- Shale Gas
- 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 Fracking Chemicals and Fluid 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?
Fracking chemicals and fluid are used in the fracking process to break up rock formations deep underground.
Some of the key players operating in the fracking chemicals and fluid market are Dow, Clariant, BASF, Calfrac Well Services, Halliburton, FTS International, Weatherford, GE, Trican Well Services, Solvay, Dow.
The fracking chemicals and fluid market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fracking Chemicals and Fluid 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 Fracking Chemicals and Fluid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fracking Chemicals and Fluid 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 Fracking Chemicals and Fluid 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 Fracking Chemicals and Fluid Market Size & Forecast, 2020-2028
4.5.1 Fracking Chemicals and Fluid Market Size and Y-o-Y Growth
4.5.2 Fracking Chemicals and Fluid 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 Foam-Based
5.2.2 Water-Based
5.2.3 Gelling Oil Based
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 Recovery
6.2.2 Shale Gas
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fracking Chemicals and Fluid 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 Fracking Chemicals and Fluid 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 Foam-Based
9.6.2 Water-Based
9.6.3 Gelling Oil Based
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 Recovery
9.10.2 Shale Gas
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 Foam-Based
10.6.2 Water-Based
10.6.3 Gelling Oil Based
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 Recovery
10.10.2 Shale Gas
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 Foam-Based
11.6.2 Water-Based
11.6.3 Gelling Oil Based
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 Recovery
11.10.2 Shale Gas
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 Foam-Based
12.6.2 Water-Based
12.6.3 Gelling Oil Based
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 Recovery
12.10.2 Shale Gas
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 Foam-Based
13.6.2 Water-Based
13.6.3 Gelling Oil Based
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 Recovery
13.10.2 Shale Gas
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 Fracking Chemicals and Fluid Market: Competitive Dashboard
14.2 Global Fracking Chemicals and Fluid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 Clariant
14.3.3 BASF
14.3.4 Calfrac Well Services
14.3.5 Halliburton
14.3.6 FTS International
14.3.7 Weatherford
14.3.8 GE
14.3.9 Trican Well Services
14.3.10 Solvay
14.3.11 Dow
