Market Overview:
The global hydraulic fracturing fluid market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the hydraulic fracturing fluid market can be attributed to the increasing demand for oil and gas across the globe. Moreover, the growing demand for hydraulic fracturing fluids in mining and marine-offshore applications is also contributing to the growth of this market. However, environmental concerns related to hydraulic fracturing are restraining the growth of this market. The water-based fracking fluid segment is projected to lead the global hydraulic fracturing fluid market duringthe forecast period. This segment is expectedto grow at a CAGRof X.X% from 2018to 2030due toproducing low environmental impact as compared with other types of fracking fluids such as oil-based fracking fluids .X%from2018to2030due toproducing high environmental impact .
Product Definition:
A hydraulic fracturing fluid (frac fluid) is a mixture of water and chemicals that is pumped into a wellbore to create fractures in the surrounding rock, allowing natural gas or oil to flow more freely. The main purpose of hydraulic fracturing fluid is to prop open these fractures so that hydrocarbons can escape from the formation and be produced.
Water-based Fracturing Fluid:
Water-based fracturing fluid is a mixture of proppant, water and chemical additives. It is used in hydraulic fracturing or fracking to create fractures within the shale rock. The purpose of this fluid is to break up the solid rock so that gas and oil can flow through the fractures created by drilling operations.
Oil-based Fracturing Fluid:
Oil-based fracturing fluid is a mixture of water, biocides, and chemicals that are used in hydraulic fracturing to create fractures within the shale rock. The primary function of oil-based fluids is to carry away the waste created by fracture creation process. Oil-based fluids also help in carrying proppant into the fractures which further helps in maintaining pressure and stability during drilling process.
Application Insights:
The oil and gas application segment dominated the global market in 2017, accounting for over 60% of the overall revenue share. The growing need to develop new sources of domestic fuel supplies as well as meet rising energy demand from a rapidly growing population is expected to drive the growth of this application segment over the forecast period.
Mining was estimated as one of the fastest-growing segments in 2017 owing to increasing mining activities across various regions coupled with favorable government policies aimed at promoting infrastructure development. The use of hydraulic fracturing fluid helps optimize extraction rates while minimizing costs and environmental risks associated with conventional onshore techniques such as open-pit or underground mining operations. These factors are anticipated to increase product demand during future years when compared with present times leading towards a positive outlook for this industry growth during future years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of shale gas reserves located in countries such as U.S., Canada, and Mexico. The region is expected to maintain its dominance over the forecast period due to technological advancements and increasing demand for natural gas from various end-use industries.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising government support for hydraulic fracturing activities coupled with growing energy needs in emerging economies such as China and India. In addition, factors such as low labor costs associated with hydraulic fracturing are expected drive industry expansion across this region thereby driving overall growth.
Growth Factors:
- Increasing demand for energy across the globe is expected to drive the hydraulic fracturing fluid market growth over the forecast period.
- Rising investments in shale gas exploration and production are anticipated to propel the market growth.
- Proliferation of hydraulic fracturing technology is projected to boost the demand for fracking fluids over the next few years.
- Stringent environmental regulations pertaining to water usage and disposal are likely to fuel adoption of recycled fracking fluids, thereby propelling market growth during forecast period. 5) Growing awareness about benefits offered by hydraulic fracturing fluids such as improved well productivity is expected to create new opportunities for industry participants in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Fracturing Fluid Market Research Report
By Type
Water-based Fracturing Fluid, Oil-based Fracturing Fluid
By Application
Oil and Gas, Mining, Marine-Offshore, Others
By Companies
Petrobras, ExxonMobil, BP Plc, Weatherford International, GE(Baker Hughes), Halliburton
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Fracturing Fluid Market Report Segments:
The global Hydraulic Fracturing Fluid market is segmented on the basis of:
Types
Water-based Fracturing Fluid, Oil-based Fracturing Fluid
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 and Gas, Mining, Marine-Offshore, 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:
- Petrobras
- ExxonMobil
- BP Plc
- Weatherford International
- GE(Baker Hughes)
- Halliburton
Highlights of The Hydraulic Fracturing 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:
- Water-based Fracturing Fluid
- Oil-based Fracturing Fluid
- By Application:
- Oil and Gas
- Mining
- Marine-Offshore
- 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 Hydraulic Fracturing 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?
Hydraulic fracturing fluid is a mixture of water, sand, and chemicals used to break up rock formations deep underground. The fluid is injected into the ground under high pressure to create cracks in the earth's surface. This allows gas and oil to be extracted from the formation.
Some of the key players operating in the hydraulic fracturing fluid market are Petrobras, ExxonMobil, BP Plc, Weatherford International, GE(Baker Hughes), Halliburton.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Fracturing Fluid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Fracturing Fluid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Fracturing Fluid Market - Supply Chain
4.5. Global Hydraulic Fracturing Fluid Market Forecast
4.5.1. Hydraulic Fracturing Fluid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Fracturing Fluid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Fracturing Fluid Market Absolute $ Opportunity
5. Global Hydraulic Fracturing Fluid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
5.3.1. Water-based Fracturing Fluid
5.3.2. Oil-based Fracturing Fluid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Fracturing Fluid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Mining
6.3.3. Marine-Offshore
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Fracturing Fluid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Fracturing Fluid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Fracturing Fluid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Fracturing Fluid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Fracturing Fluid Demand Share Forecast, 2019-2026
9. North America Hydraulic Fracturing Fluid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Mining
9.4.3. Marine-Offshore
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
9.7.1. Water-based Fracturing Fluid
9.7.2. Oil-based Fracturing Fluid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Fracturing Fluid Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Fracturing Fluid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Mining
10.4.3. Marine-Offshore
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
10.7.1. Water-based Fracturing Fluid
10.7.2. Oil-based Fracturing Fluid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Fracturing Fluid Demand Share Forecast, 2019-2026
11. Europe Hydraulic Fracturing Fluid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Fracturing Fluid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Mining
11.4.3. Marine-Offshore
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
11.7.1. Water-based Fracturing Fluid
11.7.2. Oil-based Fracturing Fluid
11.8 Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Fracturing Fluid Demand Share, 2019-2026
12. Asia Pacific Hydraulic Fracturing Fluid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Fracturing Fluid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Mining
12.4.3. Marine-Offshore
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
12.7.1. Water-based Fracturing Fluid
12.7.2. Oil-based Fracturing Fluid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Fracturing Fluid Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Fracturing Fluid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Fracturing Fluid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Fracturing Fluid Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Mining
13.4.3. Marine-Offshore
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Fracturing Fluid Market Size and Volume Forecast by Type
13.7.1. Water-based Fracturing Fluid
13.7.2. Oil-based Fracturing Fluid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Fracturing Fluid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Fracturing Fluid Market: Market Share Analysis
14.2. Hydraulic Fracturing Fluid Distributors and Customers
14.3. Hydraulic Fracturing Fluid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Petrobras
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ExxonMobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BP Plc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Weatherford International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE(Baker Hughes)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Halliburton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
