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The Fracturing Fluid market within the Oilfield Chemicals industry is a specialized segment of the larger oil and gas industry. Fracturing fluids are used to create fractures in underground rock formations to allow for the extraction of oil and gas. These fluids are composed of a base fluid, such as water or oil, and a variety of additives, such as gelling agents, friction reducers, and surfactants. The fracturing fluid market is driven by the increasing demand for oil and gas, as well as the need for more efficient and cost-effective extraction methods.
The fracturing fluid market is highly competitive, with a number of major players operating in the space. Some of the key players in the market include Halliburton, Schlumberger, Baker Hughes, BASF, and Clariant. Show Less Read more