Fracking Chemicals and Fluid Market revenue will grow to $20.4 billion by 2018

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MarketsandMarkets Presents
Fracking Chemicals and Fluid Market revenue will
grow to 20.4 billion by 2018
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acking-chemicals-fluid-market-1317.html
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The report "Fracking Chemicals and Fluid
Market by Fluid Well Type, and Chemicals (Acid,
Surfactant, Biocide, Gelling Agent, Cross Linker,
Breaker, Scale Corrosion Inhibitor, Clay Iron
Control, Friction Reducer)  - 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 from
2013 to 2018. The global fracking chemicals
market was estimated to be 1,700 KT in
2012.  Browse gtgt 79 Data
Tables 39 Figures 209 Pages and in-depth
TOC on Fracking Chemicals and Fluid Market
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buyers will receive 10 customization on this
report.
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The fracking (hydraulic fracturing) fluids and
chemicals market is mainly driven by the
increasing need to fracture the unconventional
oil and gas reserves which can decrease the
demand supply gap in the growing oil and gas
demand to fuel the world. North America is by far
the largest market for the fracking market mainly
due to advanced technology available to drill and
recover oil and gas from unconventional
resources. The Rest Of the World is still in
infancy stage, but shows a promising future
especially in Asia Pacific. Long-term growth
drivers include the desire of world countries to
become self-sufficient by utilizing their
reserves to meet the demand. This would require
increasing the recovery from the conventional or
develop the unconventional oil and gas resources
both of which will require fracking.   Fracking
is facing a lot of public opposition due to
potential environmental hazards caused by
fracturing. Water usage, water contamination, and
seismic activity are the most important concerns
related to fracking. RD is extensively conducted
in this market to develop new and improved fluids
and chemicals which are eco-friendly, causing no
harm to the environment.
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acking-chemicals-fluid-market-1317.html
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The leading players in the market include Baker
Hughes (U.S.), Chevron Phillips Chemical (U.S.),
Halliburton (U.S.), Schlumberger (U.S.), FTS
International (U.S.), BASF (Germany), Dow
Chemical (U.S.), DuPont (U.S.), Clariant
(Switzerland), Ashland (U.S.), Albemarle (U.S.),
Akzo Nobel (The Netherlands), Solvay (Belgium)
among several others.   The report covers the
fracking fluids 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 U.S., Canada,
Australia, China, Argentina, Brazil, and
others. The fracking fluids market covers the
major types of fluid base used such as
Water-based, Gelled Oil-based, and Foam-based and
also the type of wells such as horizontal and
vertical. 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.
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acking-chemicals-fluid-market-1317.html
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acking-chemicals-fluid-market-1317.html
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