Press release
Fracking fluid and chemical market expected to exhibit CAGR of 10%, North America is most lucrative region for market growth
Rising popularity of horizontal and directional wells is anticipated to drive fracking fluids and chemicals market, according to a recent report published by Fact.MR. Horizontal drilling requires large amount of fracking fluids and chemicals, thus proving a key stimulant to growth registered in the market.Horizontal drilling has been creating prospects for the expansion of the oil and gas industry with increased focus on shale and tight sands reservoirs.
Also, horizontal drilling has lesser impact on environment compared to vertical drilling which is another key factor favoring market for fracking fluids and chemicals.
To get in-depth information view the report
https://www.factmr.com/report/493/fracking-fluid-market
Horizontal and directional wells hold the largest share in the market owing to increasing number of horizontally drilled wells, especially in countries such as the U.S., Canada, China, and Russia.
This trend is expected to continue over the forecast period, thus acting as a major driver of global fracking fluids and chemicals market.
Key Takeaways from Fracking Fluids and Chemicals Market Report
Global fracking fluid and chemical market is expected to exhibit CAGR of more than 10% by the end of 2030
Water based fluid type is preferred more than other fluid types available in the market
Asia Pacific will offer lucrative growth opportunities through the forecast period
Request for Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=493
Waterless fracking, usage of green chemicals, propane gel, are some of the alternate fracking technologies that are expected to create substantial growth opportunities in the future
North America dominates the market across the world. This dominance is expected to continue over the next decade.
Demand registered in North America is attributable to the presence of oil and gas extraction reservoirs in the United States and Canada.
“Use of fracking fluids and chemicals as a gelling agent is expected to surge in the near future,” says a Fact.MR analyst.
Fracking Fluids and Chemicals Market: Competitive Landscape
Fracking fluid and chemicals manufacturing companies are investing in research and development activities in order to discover ecofriendly alternatives.
Partnerships, collaborations, and joint ventures are some of the strategies adopted by players in the market to increase penetration.
Need more information about Report Methodology? Click here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=493
Major players are focusing on expanding their product portfolio to sustain in the market which is highly competitive.
They also are integrating their operations so that they can be involved in the entire value chain.
For instance, Chevron Phillips Chemical Company LP introduced feedstock and commenced operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas in 2018.
At peak production, the unit will produce 1.5 million metric tons/3.3 billion lbs. per year.
Also, DuPont and Dow Chemicals Company, an American multinational chemical firm entered into an agreement, by merging the stocks.
This strategy was intended to focus on expansion of agriculture, specialty chemicals and material science businesses through a series of tax efficient deals.
Full Access of this Exclusive Report is Available at
https://www.factmr.com/checkout/493/S
Some of the key fracking fluid & chemicals market players include Baker Hughes, Schlumberger, Ashland, Weatherford International and Halliburton, BASF, Chevron Phillips Chemical, Albemarle, Clariant, AkzoNobel, Calfrac Well Services, FTS International, Dow Chemical Company, EOG Resources, Dupont and Pioneer Natural Resources.
Full Access of this Exclusive Report is Available at
More Valuable Insights on Fracking Fluids and Chemicals Market
In its latest report, Fact.MR has provided an unbiased analysis on the global fracking fluids and chemicals market, comprising data on historical statistics (2015-2019) and forecast of demand for the period between 2020 and 2030.
The report discusses critical insights on the fracking fluids and chemicals market in terms of functional type (biocides, corrosion inhibitors, friction reducers, gelling agent, scale dissolver, cross-linkers and others.), fluid type(water based, oil based, foam based and others)and across 5 key regions (North America, Latin America, Europe, Asia Pacific & Middle East & Africa)
Content Source
https://www.factmr.com/media-release/1767/global-fracking-fluids-and-chemicals-market
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E-Mail: sales@factmr.com
Website : https://www.factmr.com/
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fracking fluid and chemical market expected to exhibit CAGR of 10%, North America is most lucrative region for market growth here
News-ID: 2271306 • Views: …
More Releases from Fact.MR

Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…

Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…

Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…

Fibrin Sealants Market is Anticipated to Reach USD 1.92 Billion by 2033 | Fact.M …
The global fibrin sealants market is valued at USD 976.5 million in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 7%, reaching USD 1.92 billion by 2033. This growth is driven by the increasing prevalence of surgical procedures requiring effective hemostasis and tissue sealing, particularly in cardiovascular, orthopedic, and general surgeries. Fibrin sealants, derived from human plasma proteins, mimic the body's natural clotting process,…
More Releases for Chemical
Nickel Nitrate Market Size, Key Players: UMAI CHEMICAL, The Shepherd Chemical Co …
Nickel nitrate is an inorganic compound that is used in various applications, including electroplating, catalysts, and as a precursor for the production of other nickel compounds. The nickel nitrate market is expected to grow in the coming years, driven by the increasing demand for nickel in various applications such as the automotive and electronics industries.
Get a Free Sample Copy of the Global Nickel Nitrate Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6914387
Market segmentation
Nickel…
Pharma Grade Ethylmalonate Market Analysis and Forecast To 2028 | Hebei Chengxin …
"In the past few years, the Pharma Grade Ethylmalonate market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pharma Grade Ethylmalonate reached the predicted milestone in 2022 with the rising CAGR from 2017-2022.
Facing the complicated international situation, the future of the Pharma Grade Ethylmalonate market is full of uncertain. Report predicts that the global Pharma Grade Ethylmalonate market size will…
Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,…
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries.
4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol.
Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016.
The 4-hydroxybenzaldehyde industry is highly concentrated…
Calcium Nitrate Market Survey 2017 - Yunli Chemical, Leixin Chemical, Uralchem, …
Calcium Nitrate Market Research 2017
A market study ” Global Calcium Nitrate Market ” examines the performance of the Calcium Nitrate market 2017. It encloses an in-depth Research of the Calcium Nitrate market state and the competitive landscape globally. This report analyzes the potential of Calcium Nitrate market in the present and the future prospects from various angles in detail.
The Global Calcium Nitrate Market 2017 report includes Calcium Nitrate market Revenue,…
Global Glutaric Dialdehyde Market 2017 : Jinghong chemical, TNJ Chemical, Xinjin …
A market study based on the "Glutaric Dialdehyde Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Glutaric Dialdehyde Market 2017’. The research report analyses the historical as well as present performance of the worldwide Glutaric Dialdehyde industry, and makes predictions on the future status of Glutaric Dialdehyde market on the basis of this analysis.
Get Free Sample Copy of Report Here :
http://bit.ly/2iIAeTe
Top Manufacturers…