Dublin, July 4, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jwjgk3/fracking)
has announced the addition of the "Global
Fracking Chemicals and Fluid Market Opportunities & Forecasts
2014-2018" report to their offering.
The global fracking (hydraulic fracturing) fluids market is likely to witness a CAGR of 9.6% from 2013 to 2018.
North America is the largest market for fracking fluids and
chemicals, followed by Asia-Pacific, Latin America, Europe, the
Middle East and Africa.
The fracking fluids market includes the major types of fluid base used such as Water-based, Gelled Oil-based, and Foam-based. The fracking chemicals include Acids, Biocide, Breaker, Clay Stabilizer, Corrosion Inhibitor, Cross-linker, Friction Reducer, Gelling Agent, Iron Control, pH Adjusting Agent, Scale Inhibitors, and Surfactant. This report on fracking chemicals and fluids cover market trends and estimates for all type of chemicals and fluids. The fracking fluids are also separated by the type of well i.e. horizontal and vertical.
The trends in drilling have been changing from vertical to horizontal as the unconventional reserves are being developed. The unconventional oil and gas resources such as shale gas require horizontal drilling to cover a larger surface area, increasing the rate of production of gas. The horizontal wells require more amount of fracking fluids and chemicals when compared to vertical wells. These increasing trends in horizontal drilling in unconventional reserves will in turn drive the demand of fracking fluids and chemicals.
This market has experienced backward integration of the fracking companies into the production of fracking chemicals and fluids. Apart from the hydraulic fracturing companies, the chemicals companies have set up separate departments for the development of oilfield chemicals that work to manufacture the fluids and chemicals with the desired properties.
This report on fracking chemicals and fluids segments the fracking fluids by fluid type, well type and geography in terms of revenue generated and fracking chemicals by functional group and geography in terms of volume and revenue.
This report analyzes the various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives.
Major companies such as Baker Hughes (U.S.), Chevron Phillips
Chemical (U.S.), Halliburton (U.S.), Linde (Germany), Schlumberger
(U.S.), Weatherford (Switzerland), Calfrac Well Services (Canada),
FTS International (U.S.), Trican Well Services (Canada), BASF
(Germany), Dow Chemical (U.S.), DuPont (U.S.), Clariant
(Switzerland), Ashland (U.S.), Albemarle (U.S.), Akzo Nobel (The
Netherlands), Solvay (Belgium) have also been profiled in the
Scope of the Report
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/jwjgk3/fracking