Global Fluid Loss Additives Industry

Summary

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Global Fluid Loss Additives Market to Reach $502.7 Million by 2027

In the changed post COVID-19 business landscape, the global market for Fluid Loss Additives estimated at US$280.5 Million in the year 2020, is projected to reach a revised size of US$502.7 Million by 2027, growing at a CAGR of 8.7% over the analysis period 2020-2027. Synthetically Modified Natural Additives, one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$239.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic Additives segment is readjusted to a revised 8.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $76.4 Million, While China is Forecast to Grow at 12.9% CAGR

The Fluid Loss Additives market in the U.S. is estimated at US$76.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$110.2 Million by the year 2027 trailing a CAGR of 12.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$68 Million by the year 2027.



Natural Additives Segment to Record 6.1% CAGR

In the global Natural Additives segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$54.9 Million in the year 2020 will reach a projected size of US$80.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7.2% CAGR through the analysis period.

Select Competitors (Total 43 Featured) -
Ashland
Aubin Group
BASF SE
Chevron Phillips Chemical Company
Clariant
Dow Chemical Company
Global Drilling Fluids and Chemicals Limited
Halliburton
Innospec
Kemira OYJ
Newpark Resources Inc.
Nouryon
Omnova Solutions
Schlumberger Limited
Solvay
Tytan Organics Pvt., Ltd.

Methodology

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