Welcome!

News Feed Item

Fracking Chemicals and Fluid Market by Fluid & Well Type, and by Chemicals - Global Trends & Forecasts to 2018

 

DUBLIN, Apr.11, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/dgnkhn/fracking) has announced the addition of the "Fracking Chemicals and Fluid Market by Fluid & Well Type, and by Chemicals - Global Trends & Forecasts to 2018" report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

Fracking (hydraulic fracturing) is the propagation of fractures through layers of rock using pressurized fracturing fluid. This technique is primarily used in the extraction of resources from low permeability reservoirs such as shale gas, tight gas, CBM, and unconventional liquids, which are difficult to recover through regular drilling procedures. The fracking fluid and fracking chemicals are very critical for a successful fracking job. The fracking fluids market is expected to increase by a CAGR of 9.6% over the next five years to reach $20 billion by 2018. The fracking chemicals consumption, that are added to the fluids, was estimated to be 1,700 KT in 2012.

The report covers the fracking fluid and chemicals market and its trends concerning six regions, namely, North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America; and the major countries in each region such as U.S., Canada, Australia, China, Argentina, Brazil, and others. The fracking fluid type such as Water-based, Gelled Oil-based, Foam-based along with well type, vertical and horizontal well are covered. The fracking chemicals such as Acids, Biocide, Breaker, Clay Stabilizer, Corrosion Inhibitor, Cross-linker, Friction Reducer, Gelling Agent, Iron Control, pH Adjusting Agent, Scale Inhibitors, and Surfactant are included along with their estimated market revenue and consumption trends.

North America is the largest market for fracking fluid and fracking chemicals. Early development of technology to recover oil and gas from unconventional sources resulted into the concentration of fracking market in this region. High demand for fuel and desire to become self sufficient is driving the fracking market in North America. Asia-Pacific has been identified as the growing market for fracking fluid and chemicals market to meet the increasing demand for oil and gas. This increasing demand of oil and gas to fuel the economy is driving the need to recover higher amounts from conventional and also venture into unconventional oil and gas resources, by fracking.

In the fracking market, the industry comprises several global and regional players which are engaged in either fracking, or providing fluids and chemicals for fracking. The major companies identified include Baker Hughes (U.S.), Halliburton (U.S.), Schlumberger (U.S.), Weatherford (Switzerland), BASF (Germany), Dow Chemical (U.S.), DuPont (U.S.), Clariant (Switzerland), Akzo Nobel (The Netherlands), Solvay (Belgium) and others.


Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Hydraulic Fracturing Fluids Market

6 Hydraulic Fracturing Chemicals Market

7 Competitive Landscape

8 Company Profiles


Companies Mentioned:

  • Akzonobel N.V.
  • Albemarle Corp.
  • Ashland Inc.
  • Baker Hughes Inc.
  • Basf Se
  • Calfrac Well Services Ltd.
  • Chevron Phillips Chemical Company
  • Clariant Ag
  • E.I. Du Pont De Nemours & Co.
  • Fts International
  • Halliburton Co.
  • Linde Ag
  • Schlumberger N.V.
  • Solvay S.A.
  • The Dow Chemical Co.
  • Trican Well Service Ltd.
  • Weatherford International Ltd.


For more information visit http://www.researchandmarkets.com/research/dgnkhn/fracking

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

 



More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.