openPR Logo
Press release

Clear Brine Fluids Market - Research Report

The global clear brine fluids market is highly consolidated in nature. Large organizations such as Albemarle Corporation, Israel Chemicals Ltd., Great Lake Solutions, and Tetra Technologies Inc. enjoy strong hold over supply and distribution of clear brine fluids. This along with the high initial capital requirement is creating high entry barriers for new players, finds Transparency Market Research (TMR) in a new study. “The leading players are acquiring small- and medium-scale companies to strengthen their position across different geographies and also expand their market shares,” says the author of the report.

This 126 page report gives readers a comprehensive overview of the Clear Brine Fluids Market. Browse through to unlock the hidden opportunities in this market @
http://www.transparencymarketresearch.com/clear-brine-fluids-market.html

The global clear brine fluids market had a valuation of US$944.8 mn in 2016 and is estimated to reach US$1,444.7 mn by the end of 2023, exhibiting a CAGR of 6.2% from 2015 to 2023.

Potassium Chloride to Remain Most Prominent Product Segment Due to Growing Onshore Drilling Activities

On the basis of product, potassium chloride will continue to dominate the global market until 2023, representing 24.5% of the overall market volume. The growth of the segment can be attributed to the rising onshore drilling activities. The demand for this product type will remain high due to its less corrosive and cost effective nature. The segment is expected to expand at a healthy clip during the forecast period.

Geographically, North America will continue to be the frontrunner in the global arena until 2023. The flourishing growth of the shale gas sector in the U.S. and Canada is the primary reason behind the dominance of the region. Asia Pacific, on the other hand, is poised to rise at a cracking pace of 5.8% in terms of volume during the same period. China is anticipated to be at the forefront of the growth of the region.

Expansion of Oil and Gas Industry Propels Demand for Clear Brine Fluids

The robust growth of the oil and gas industry worldwide is providing a significant boost to the growth of the global clear brine fluids market. “Clear brine fluids are used in reservoir sections in drilling activities and completion processes as they are able to withstand high pressure and high temperature,” says a TMR analyst. Moreover, constant efforts by developed nations such as the U.K., Canada, the U.S., and Australia to ensure energy security are leading to the expansion in the shale gas reserves. This is resulting in an upswing in drilling and exploration activities, which is leading to the greater uptake of these fluids.

Get accurate market forecast and analysis on the Clear Brine Fluids Market . Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2197

Slowdown in Crude Oil Exploration Activities Inhibits Growth

The prices of crude oil are witnessing turbulence due to the booming shale gas industry. The Organization of Petroleum Exporting Countries (OPEC) in order to regain its prominence in the global energy landscape are trying to keep the prices of crude oil low, which is resulting in a highly oversupplied market and sudden stagnation of exploration activities. This coupled with the ongoing political imbalance in the Middle East is leading to a substantial slowdown in crude oil exploration activities, consequently hampering the growth prospects of the global clear brine fluids market. On the other hand, the growing investments in the exploration of unconventional resources are opening new avenues for players in the market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Clear Brine Fluids Market - Research Report here

News-ID: 538926 • Views: 282

More Releases from Transparecny Market Research

Advanced Wound Care Management Market - Global Industry Analysis, Size, Share, G …
Advanced Wound Care Management Market - Overview The market for wound care is expanding significantly, due to increase in advancements in treating complex wounds. The advanced wound care market is anticipated to expand during the forecast period, as the products have been a promising solution for rapid recovery and wound healing. These products offer superior solution than traditional products by offering desired outcome and effectiveness in healing wounds. Increasing incidences of
Operating Room Equipment Market projected to expand at a CAGR of 6.4% from 2018 …
Transparency Market Research (TMR) has published a new report titled ‘Operating room equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global operating room equipment market was valued at US$ 29,912.3 Mn in 2017. It is projected to expand at a CAGR of 6.4% from 2018 to 2026. Aging population and longer life-expectancy, increased awareness, and acceptance of advanced devices are
Hip Replacement Implants Market Size, Status, Scope and Growth Prospects
The global hip replacement implants market was valued at approximately US$ 7.0 Bn in 2017. It is projected to register a cumulative annual growth rate (CAGR) of over 3.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Hip Replacement Implants Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Expansion of the health care industry, government initiatives, increase in
Global 3D Applications in Health Care Market Industry Analysis Size, Share, Tren …
The global 3D application in health care market is categorized on the basis of application and type. Systems and services are segments that fall under the types of 3D applications. Out of these two, the services segment is projected to dominate the market in the coming years due to increasing demand for 3D imaging devices in the health care organizations 3D technology has come up as a blessing for the health

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the