Fluid Additives Market value and growth:
The fluid additives Market was worth USD 300 million in 2020 and is estimated to rise at a CAGR of 3.2% over the foreseen period to reach USD 350 million by 2025.
Fluid Additives Market overview:
Drilling operations are growingly getting deeper, chemically harsher, hotter and more costly. As a result, operators require effective and proven technology to work in such strict mud systems. The loss of liquid to reservoir formation carries a high risk of permeability damage. To solve these problems, fluid loss control additives are used. Fluid additives are mainly employed to maintain a stable fluid volume within a slurry of cement to make sure that the performance properties of slurry remain within a reasonable range.
Different kinds of additives are present in the market for controlling fluid loss. In recent times, the American Petroleum Institute studied grapheme oxide as an additive, and it performed well as a filtration additive in water-based drilling fluids at low concentrations. Due to environmental demands in the oil and gas market to avoid the destruction of coastal habitat and marine resources, environment-friendly fluid additives have become a basic need.
Fluid Additives Market segmentation:
On the basis of type, the market is separated into Synthetically modified natural additives, Synthetic additives, Natural additives. Synthetically altered natural additives sector of the global market for fluid additives is estimated to showcase the highest development on the basis of value and quality. The global demand for synthetically altered natural additives is very high, which will fuel its expansion in the coming years.
On the basis of application, the market is separated into Drilling fluid, Cement flurry. Synthetically altered natural additives sector of the global market for fluid additives is estimated to showcase the highest development on the basis of value and quality. The global demand for synthetically altered natural additives is very high, which will fuel its expansion in the coming years.
Fluid Additives Market geographical analysis:
On the basis of region, the global fluid additives market is led by the Middle East & Africa and North America regions, due to the presence of major oil reserves in countries like Canada, Kuwait, Saudi Arabia and Iran. The Asia Pacific and Europe are estimated to witness moderate expansion in the global fluid additives market in the next ten years. Latin America is also estimated to show moderate expansion in the market over the foreseen period.
Fluid Additives Market key players:
Major companies plying their trade in the Fluid Additives Market include Halliburton (US), Schlumberger Limited (US), Newpark Resources Inc. (US), Solvay (Belgium), BASF SE (Germany), and Clariant (Switzerland), Global Drilling Fluid and Chemicals Limited (India), Tytan Organics (India) and Nouryon (US).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Synthetically modified natural additives
5.1.3 Synthetic
5.1.4 Natural
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Drilling Fluid
5.2.3 Cement Slurry
5.2.54Y-o-Y Growth Analysis, By Apllication
5.2.5 Market Attractiveness Analysis, By Apllication
5.2.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Halliburton
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Schlumberger Limited
8.3 New Park Resources
8.4 Solvay
8.5 BASF SE
8.6 Clariant
8.7 Global drilling fluid and chemicals limited
8.8 Tytan organics
8.9 Nouryon
8.10 Aublin group
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
