Fracking Fluids Market Growing at a CAGR of 13.5%, 2017 to 2026- BASF, The Dow Chemical Company, Schlumberger, Baker Hughes, a GE company, Weatherford, AkzoNobel, DuPont, Halliburton, Solvay and Clariant

This Fracking Fluids Market report aims to examine the developments of market including its market improvement, development, position and others. The Fracking Fluids market emphases on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. The industry inquiries about report give examination and data as specified by classes.

According to Research for Markets, the Global Fracking Fluid Market is accounted for $26.68 billion in 2017 and is expected to reach $83.39 billion by 2026 growing at a CAGR of 13.5% during the forecast period.

Hydraulic fracturing or fracking is a fine-stimulation technique in which rock is fractured by the process of drilling down into the earth before a pressured water mixture is directed at the rock to release the gas inside that is a pressurized liquid called fracking fluid. Fluids used in the process are foam based, water-based, and gelled-oil-based products. Water, sand and chemicals are inoculated into the rock at more pressure that allows the gas to flow out to the head of the well. The process can be carried out steeply or, more commonly, by boring flat to the rock layer and can create new pathways to release gas or can be used to extend existing channels.

Market Segment by Manufacturers, this report covers:

· BASF

· The Dow Chemical Company

· Schlumberger

· Baker Hughes, a GE company

· Weatherford

· AkzoNobel

· DuPont

· Halliburton

· Ashland

· Albemarle Corporation

· Nabors Industries

· FTS International

· Calfrac Well Services

· Chevron Phillips Chemical Company

· Patterson-UTI

· Solvay

· Clariant

· Ranosys Technologies

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Some of the important factors fueling market growth include Energy shift towards gas and energy protection. However, environmental hazard caused by fracturing is expected to hamper the growth of the market. One of the major opportunities is the eco-friendly Fracking Fluids.

By fluid types, Water based fluids is expected to be the fastest growing segment in the product category over the forecast period. They are utilized to drill around 80% of the wells. Rising concern towards toxicity and biodegradation of fracking fluids is anticipated to fuel the water based fluids product response during the forecast period. Due to its capability to minimize erosion of weak rock formations and circulation loss, these fluids is estimated to gain importance over the forecast period.

By geography, North America is the global leader of this market during the estimate period. And the market is driven by the increase in fracking activities for oil & gas deposits. The U.S. is the foremost country with respect to country wise divide of the fracking fluids market in North America. This region gets an advance due to growth in the hydraulic fracturing of the shale oil & gas reserves. Those activities consume huge quantities of fracking fluids due to which this market continues to grow.

Fluid Types Covered:

• Gelled-Oil Based Fluids

• Slick Water-Based Fluids

• Foam-Based Fluids

• Water Based Fluids

• Oil Based Fluids

• Synthetic Based Fluids

• Other Base Fluids

Well Type Covered:

• Horizontal

• Vertical

Functions Covered:

• Scale Inhibitor

• pH Adjusting Agent

• Iron Control Agent

• Gelling Agent

• Friction Reducer

• Cross-Linkers

• Corrosion Inhibitor

• Clay Stabilizer

• Breaker

• Biocide

• Acid

• Other Fracking Chemicals

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Major Table of Contents: Fracking Fluids Market

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Fracking Fluids Market, By Deployment Type

6 Global Fracking Fluids Market, By Application

7 Global Fracking Fluids Market, By Service

8 Global Fracking Fluids Market, By Channel

9 Global Fracking Fluids Market, By Oil & Gas Sector

10 Global Fracking Fluids Market, By End user

11 Global Fracking Fluids Market, By Geography

12 Key Developments

13 Company Profiling

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Key Features of the Report

· Key developments and product launches by the top players and brands

· Key parameters which are driving the market

· Key trends of the market

· Challenges of market growth

· What are the challenges being faced by the new entrants

· Market volume

Available Customizations

• With the given market data, Research for Markets offers customizations according to the company's specific needs. The following customization options are available for the report:

• Regional and country-level analysis of the Core Banking Software market, by end-use.

• Detailed analysis and profiles of additional market players.

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