Global Fracking Chemicals Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Fracking Chemicals Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Fluid Type (Water-based Fluid, Foam-based Fluid, and Other Fluid Types), Well Type (Vertical, and Horizontal or Directional), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Fracking Chemicals Market was valued at USD 44,412.4 million in 2023 and is expected to reach USD 95,896.4 million by 2031 while growing at a CAGR of 10.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global fracking chemicals market growth. Fracking chemicals, or hydraulic fracturing chemicals, are substances used in the process of extracting oil and gas from shale formations. In hydraulic fracturing, fluid is injected at high pressure to create fractures, enabling hydrocarbon release.
Increasing energy demand and technological advancements in hydraulic fracturing drive the growth of the fracking chemicals market. However, obstacles like environmental concerns, regulations, and the potential environmental impact of fracking chemicals may hinder market expansion.
Furthermore, the global fracking chemicals industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Fluid Type Analysis
The Global Fracking Chemicals Market is segmented among Water-based Fluid, Foam-based Fluid, and Other Fluid Types, based on Fluid Type. In 2023, Water-based Fluid accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Well Type Analysis
The Global Fracking Chemicals Market is segmented among Vertical, and Horizontal or Directional, based on Well Type. In 2023, Horizontal or Directional accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Fracking Chemicals Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are The Dow Chemical Company, Parchem Fine and Specialty Chemicals Inc., Halliburton Company, Baltimore Aircoil Company, Solvay SA, SNF Group, DuPont de Nemours Inc., BASF SE, Flotek Industries Inc., and CES Energy Solutions Corp.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Fracking Chemicals Market Dynamics
Drivers
Restraints
Opportunity
4. Global Fracking Chemicals Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Fracking Chemicals Market Segmentation, By Fluid Type
Global Fracking Chemicals Market Share Analysis, By Fluid Type
Global Fracking Chemicals Market Growth Analysis, By Fluid Type
Global Fracking Chemicals Market Trends, By Fluid Type
o Water-based Fluid
o Foam-based Fluid
o Other Fluid Types
6. Global Fracking Chemicals Market Segmentation, By Well Type
Global Fracking Chemicals Market Share Analysis, By Well Type
Global Fracking Chemicals Market Growth Analysis, By Well Type
Global Fracking Chemicals Market Trends, By Well Type
o Vertical
o Horizontal or Directional
7. Global Fracking Chemicals Market Segmentation, By Region
Global Fracking Chemicals Market Share Analysis, By Region
Global Fracking Chemicals Market Growth Analysis, By Region
Global Fracking Chemicals Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Dow Chemical Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Parchem Fine and Specialty Chemicals Inc.
Halliburton Company
Baltimore Aircoil Company
Solvay SA
SNF Group
DuPont de Nemours Inc.
BASF SE
Flotek Industries Inc.
CES Energy Solutions Corp
*Similar analysis will be provided for each company listed above.
