Quick Summary:
In the rapidly escalating Fracking Fluid and Chemicals market, superior, data-driven insights can be a game-changer. Forecasted to reach an impressive $90.4 billion by 2030, the sector presents tremendous opportunities for businesses willing to utilize extensive market analysis for informed decision-making.
With our detailed market research report, you will gain a comprehensive understanding of industry trends, market trajectories, and potential growth areas. The report provides in-depth analysis of multiple segments such as Water-Based Fluids and Oil-Based Fluids, and examines major markets including the U.S, China, Japan, Canada, and Germany. Additionally, you'll benefit from insights on the market strategies of leading competitors, global competitiveness, and market shares. Get the advantage you need in this dynamic market space, with informed perspectives and accurate forecasts. Make your investment in understanding the future of the Fracking Fluid and Chemicals market count.
Global Fracking Fluid and Chemicals Market to Reach $90.4 Billion by 2030
The global market for Fracking Fluid and Chemicals estimated at US$46.4 Billion in the year 2022, is projected to reach a revised size of US$90.4 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030. Water-Based Fluids, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$52 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oil-Based Fluids segment is readjusted to a revised 11% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12.3 Billion, While China is Forecast to Grow at 11.5% CAGR
The Fracking Fluid and Chemicals market in the U.S. is estimated at US$12.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20 Billion by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.Select Competitors (Total 42 Featured) -
- Akzo Nobel NV
- Albemarle Corporation
- Ashland Global Holdings, Inc.
- Baker Hughes, a GE company
- BASF SE
- Calfrac Well Services, Ltd.
- Chevron Phillips Chemical Company LLC
- Clariant International Ltd.
- Dow, Inc.
- DuPont de Nemours, Inc.
- FTS International
- Halliburton
- Schlumberger Ltd.
- Weatherford International Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Fracking Fluid and Chemicals?
What is the growth rate of the Global Market for Fracking Fluid and Chemicals?
What is the forecasted size of the Global Market for Fracking Fluid and Chemicals?
Who are the key companies in the Global Market for Fracking Fluid and Chemicals?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 46.4 Billion |
| Forecasted Market Value ( USD | $ 90.4 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Akzo Nobel NV
- Albemarle Corporation
- Ashland Global Holdings, Inc.
- Baker Hughes, a GE company
- BASF SE
- Calfrac Well Services, Ltd.
- Chevron Phillips Chemical Company LLC
- Clariant International Ltd.
- Dow, Inc.
- DuPont de Nemours, Inc.
- FTS International
- Halliburton
- Schlumberger Ltd.
- Weatherford International Ltd.
