Title: Clear Brine Fluids Market is set to witness a stable CAGR in the forecast period of 2019-2026
1Clear Brine Fluids Market is set to witness a
stable CAGR in the forecast period of 2019-2026
Clear Brine Fluids Market By Product Type
(Potassium Chloride, Calcium Chloride, Sodium
Chloride, Potassium Bromide, Sodium Bromide,
Calcium Bromide, Others), Application (Shale Oil
and Gas, Petrochemical, Others), Geography (North
America, South America, Europe, Asia-Pacific,
Middle East and Africa) Industry Trends and
Forecast to 2026
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2Report Description
Global clear brine fluids market is set to
witness a substantial CAGR of 6.75 in the
forecast period of 2019-2026. The report contains
data of the base year 2018 and historic year
2017. Rising demand for clear brine fluids and
increasing urbanization and industrialization are
the major factor for the growth of this
market. Clear brine fluids or completion fluids
are widely used in the activities related to
drilling, shale gas, oil and deep water. They are
very useful as it improves the performance and
way better than the old fluids. Potassium
chloride, potassium bromide, sodium chloride,
sodium bromide and others are some of the common
product of the clear brine fluids. They are
widely used in application such as petrochemical
and shale oil gas. Increasing industrialization
and urbanization is the major factor fuelling the
growth of this market.
3Major Key Players
- Some of the major players operating in this
market are - Zirax Limited
- GEO Drilling Fluids, Inc.
- Albemarle Corporation
- TETRA Technologies, Inc.
- Halliburton
- Cabot Corporation
- Newpark Resources Inc
- LANXESS
- ICL
- Zirax Limited
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4Market Segmentation
- By Type (Potassium Chloride, Calcium Chloride,
Sodium Chloride, Potassium Bromide, Sodium
Bromide, Calcium Bromide, Others) - By Application (Shale Oil and Gas, Petrochemical,
Others)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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