Hydraulic fracturing fluids are used to initiate and expand fractures, but also to transport proppants into fractures in coalbed formations. Proppants are granular substances like sand which are injected into the formation to prop open or hold coal formation fractures created by hydraulic fracturing.
The fracturing technique is commonly applied to wells for oil and shale gas recovery. Such stimulation is carried out once during the productive life of the well and aids in the extraction of fluids, thereby increasing the well productivity. The hydraulic fracturing technique used as field production diminishes with time.
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The market is witnessing enormous demand due to factors such as increased number of wells and increased shale activity in the world. The recent innovations in fracking market are fueling the hydraulic fracturing fluids market up.
The initiatives by the U.S. and Chinese government in the form of tax incentives, financial aids, and easy provision of FDI in the hydrocarbon sector are expected to steer the industry expansion over the next few years.
Proper Discharging of Fracking Fluids and Chemicals is a major challenge which hinders the growth of the market. Several bans, pubic concerns and moratoriums regarding environmental impacts of the technology particularly in countries hinder the progress of the market.
The global hydraulic fracturing fluids market is segmented on the basis of application, material and technology. On the basis of application, market can be segmented into Shale Gas, Tight Gas, Tight Oil, CBM and others. The market is split into proppant (sand, ceramic and resin coated sand) and others on the basis of material. On the basis of technology, market is segmented into plug and perf and sliding sleeve.
The market is segmented into North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific and MEA. North America dominates the fracturing fluids market, followed by Europe, Asia-Pacific, Latin America, the Middle East and Africa. The reason behind is increasing shale and exploration activity in the U.S.
Some of the key players in the market include Schlumberger, Superior Well Services, Weatherford International, Halliburton, Calfrac Well Services, Nabors Industries, Tacrom Services, Trican Well Services and United Oilfield Services.
Report Contents Regional Analysis Report Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
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Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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