Report ID : 1320456 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Fracturing Fluid Additives Market is categorized based on Type (Biodegradable Additives, Non-Biodegradable Additives, Synthetic Additives, Natural Additives) and Application (Onshore, Offshore) and Function (Viscosity Modifiers, Friction Reducers, Corrosion Inhibitors, Biocides, Surfactants) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Valued at 3.5 billion USD in 2023, the Fracturing Fluid Additives Market size is expected to grow to 5.8 billion USD by 2033, with a CAGR of 5.2% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.
The market for Fracturing Fluid Additives is critically important in the oil and gas sector, more so in relation to hydraulic fracturing which is aimed at increasing the recovery of hydrocarbons from subterranean strata.The crude oil’s ever-increasing value and finding more efficient ways of extracting it makes novel additives to fracturing fluids more pronounced. These novel additives enable efficient functioning of fracturing fluids, increase well productivity, protect the environment, and define the future of energy.
The market has been evolving over the past few years due to various technological developments and increased focus on sustainability. Major companies are working towards the development of green and high performance additives suitable for the diverse B2B. This adaptation improves productivity and helps meet regulatory and environmental demands that are increasingly imposed on fossil-fuel based fracturing. As the market for oil and gas becomes increasingly competitive understanding the market for fracturing fluid additives will be important for the changes to come.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Halliburton, Baker Hughes, SLB (Schlumberger), BASF SE, Ecolab Inc., Newpark Resources Inc., Bentonite Performance Minerals LLC, Chemtura Corporation, Baker Hughes Company, Weatherford International plc, Nalco Champion |
SEGMENTS COVERED |
By Type - Biodegradable Additives, Non-Biodegradable Additives, Synthetic Additives, Natural Additives By Application - Onshore, Offshore By Function - Viscosity Modifiers, Friction Reducers, Corrosion Inhibitors, Biocides, Surfactants By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Fracturing Fluid Additives Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
Verified Industry Insights offers one of the following report customization options to our respectable clients :
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved