Fracking Fluids Market Poised to Reach $20.4 Billion by 2018 - Report by MarketsandMarkets
(PRWEB) November 09, 2014 -- The report "Fracking Chemicals Market by Fluid & Well Type, and Chemicals - Global Trends & Forecasts to 2018", defines and segments the fracking fluid and chemicals market with an analysis and forecast of the volumes and revenue. The fracking fluids market revenue will grow to $20.4 Billion by 2018, with a CAGR of 9.6% to 2018.
Browse 79 market data tables and 39 figures spread through 209 pages and in-depth TOC on “Fracking Chemicals and Fluid Market".
http://www.marketsandmarkets.com/Market-Reports/fracking-chemicals-fluid-market-1317.html
The fracking fluids and chemicals are either manufactured by the hydraulic fracturing service provider themselves (vertical integration) or sourced from a chemical manufacturer. Hence, the market for fracking fluids and chemicals is fragmented with a number of players in the market. The chemicals used in the fracking process are for specific purposes and are categorized under purpose or functional group. The chemicals under each functional group can be substituted with other chemicals with similar properties. These chemicals and fluids are easily available and can be sourced locally, but the chemical companies have created specific divisions for oil and gas to provide these chemicals with enhanced properties resulting in better formation conditions and increased recovery of oil and gas.
Request Sample of the Report: http://www.marketsandmarkets.com/requestsample.asp?id=1317
Potential increase in the recoverable resources and production is the most important driver for the fracking market. This technique is used in recovery of both oil and natural gas but is predominantly used in the recovery of unconventional gas. Now-a-days natural gas is called transitional fuel for being the chain between conventional resources and renewable energy. This proves to be an advantage to the international natural gas market and hence to the hydraulic fracturing market.
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. This report segments the fracking fluid market 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. A country level breakup for both fracking fluid and fracking chemicals has been provided.
Purchase a Copy of this Report Today!
http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1317
Browse Related Reports:
Specialty Oilfield Chemicals Market by Type (Corrosion & Scale Inhibitors, Biocides, Demulsifier, Pour Point Depressants, Surfactants, Advanced Polymers and Others), Application (Drilling Fluid, Well Stimulation, Production Chemicals, Workover & Completion and Enhanced Oil Recovery) and Geography–Regional Trend & Forecast To 2019
http://www.marketsandmarkets.com/Market-Reports/specialty-oilfield-chemicals-market-517.html
Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/oilfield-equipment-rental-market-1083.html
About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article