Fracking Fluid Market is Expected to Grow at the CAGR of 10.3% by 2021

Date: 2015-12-01

Fracking fluid finds its major application in hydraulic fracturing. Two types of fracking fluid are mainly used today and those are Liquid based fracking and gas based fracking however waterless fracturing foam has also paved its way into the market. Fracking fluid majorly consists of 3 components; water, additives and proppants. They are segmented on the basis of fluid type, function type and well type.

Country level analysis has been done in our report which explains that North America is the leading market. Market is expected to grow at the CAGR of 10.3% by 2021. Some of the major market players include Halliburton, Baker Hughes, Dupont, Dow chemical company, Pioneer natural resources. 

Drivers of the field includes Rising global natural gas price and the need to fulfill the gap between the demand and supply, growth in the market of hydraulic fracturing leads to the growth of the market of fracking fluid and chemicals market. Factors pushing back the market are Various rules and laws of government and concerns related to the safety of environment.

Companies Profiled include 
1. Dow chemical company
2. Schlumberger
3. Baker Hughes
4. Halliburton Energy Services Inc.
5. Anadarko petroleum crop
6. EOG resources Inc.
7. FTS international
8. Weatherford international
9. Pioneer natural resources
10. Marathon Oil co.
11. Sandridge Energy 
12. Baker hughes
13. EOG resources
14. Pioneer natural resources
15. Economy polymers and chemicals
16. FTS international
17. Chemplex L.C.
18. Halliburton Energy services
19. Nabors completion and production services
20. Trican
21. Nabors completion and production services
22. Champion technologies
23. C & J energy services
24. Reagent chemical and research
25. Universal well services
26. XTO Energy Inc. 
27. Cabot oil & gas corp.
28. Dominion
29. Encana Corp.
30. Chesapeake Energy. Corp

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