Lucintel Forecasts the Global Fracking Chemical and Fluid Market to Reach $85.8 billion by 2030
Lucintel Forecasts the Global Fracking Chemical and Fluid Market to Reach $85.8 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global fracking chemical and fluid market looks promising with opportunities in the oil & gas and mining applications. The global fracking chemical and fluid market is expected to reach an estimated $85.8 billion by 2030 from $49.8 billion in 2024, at a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rising need for electricity and fuels in worldwide, growing number of exploration activities, and augmenting demand for eco-friendly fluids and chemicals.
A more than 150-page report to understand trends, opportunity and forecast in fracking chemical and fluid market to 2030 by fluid type (water based, foam based, gelled oil-based, slick water-based, synthetic based, and others), product type (conventional linear gels, orate cross-linked fluids, organometallic cross-linked fluids, and aluminium phosphate ester oil gels), function (surfactant, scale inhibitor, friction reducer, corrosion inhibitor, biocide, crosslinker, gelling agent, and others), application (oil and gas, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that water based is expected to witness the highest growth over the forecast period.
Within this market, oil and gas is expected to witness the higher growth.
North America is expected to witness the highest growth over the forecast period.
Download sample by clicking on fracking chemical and fluid market
BASF SE, Baker Hughes, Schlumberger, Dow, Halliburton are the major suppliers in the fracking chemical and fluid market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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