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Fracking Fluid & Chemicals Market by Chemical Function, by Fluid Type, & by Well Type - Global Forecasts to 2020

Fracking Fluid & Chemicals Market: Global Forecasts until 2020

  • September 2015
  • 160 pages
  • ID: 3275039
In this report:
Stringent regulations, monitoring policies, and growing demand for waterless fracking have caused a rise in the use of gellant chemicals which is expected to register a CAGR of ##.##% between 2015 and 2020.
The fracking chemical market size in terms of value in Asia-Pacific is expected to grow from USD ##.## million in 2015 to USD ##.## million by 2020, registering a CAGR of ##.##% from 2015 to 2020.

Summary

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The sector for fracking fluids and chemicals is forecasted to witness a tremendous rise during the outlook period which will be driven by exploration and development of reserves for oil and gas extraction across the world. The market demand for fuel is growing multifold due to high consumption from domestic as well as industrial front.

The overall market of hydraulic chemicals is expected to register a compound annual growth rate (CAGR) of 9.50 percent from 2015 to 2020. Gelling agent is expected to account for the biggest industry size among all the chemical function types and is forecasted to account for a market share of 37.0 percent in 2020.

The oil and gas wells are primarily of two types, horizontal and vertical. Important rise is expected in the horizontal wells drilled per year due to E&P activities for unconventional oil & gas, as these reserves are recovered more economically by horizontal drilling. Horizontal well fracturing gives access to the points where the vertical well drilling cannot be reached. With a rise in the industry demand for the unconventional oil & gas, horizontal fracking is invaluable in securing and bringing these unconventional gases on the surface.

Upcoming opportunities including development of underground shale reserves are expected to rise the fracking activities across the world.

This analysis also comprises market forces, including drivers, market restraints, alternatives, burning issues, and winning imperatives. Main firms including, the actors engaged in this sector are specialty chemical firms, drilling and extraction service providers, that is, Halliburton, Schlumberger, Baker Hughes, DuPont, AkzoNobel, BASF, Ashland and others have been comprehensively profiled in this market report.

Why acquiring this study can help you:

- Detailed study and estimate in terms of consumption volume and value provided for different chemical derivatives, including methanol, oxo-chemicals, DME, and hydrogen

- Detailed and comprehensive competitive landscape of top market actors will provide business insights about several increase strategies by different firms

- Detailed segmentation of the market based on feedstock, including coal, natural gas, petroleum, and biomass/waste; and on the basis of end use applications, production technology, gasifier types

The Available Customizations for this industry report

Product Analysis

- Product matrix that gives a in-depth comparison of product portfolio of each company

Regional Analysis

- Further breakdown of a area with respect to a particular country

Company Information

- Detailed study and profiling of additional market actors

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