Latest news with #Fracking
Bloomberg
30-07-2025
- Business
- Bloomberg
Permian Fracking Tumbles on Trade, OPEC Uncertainty, CEO Says
Fracking in the Permian Basin is throttling back faster than expected amid tariff uncertainty and OPEC+ production hikes, according to one of the biggest pressure pumpers in North America's most-prolific oil region. There are now about 70 hydraulic fracturing crews working in the world's largest shale patch, down from as many as 100 at the start of the year, Sam Sledge, chief executive officer at ProPetro Holding Corp., told analysts and investors Wednesday on a conference call.
Yahoo
25-06-2025
- Business
- Yahoo
Emerging Markets in Asia and Latin America Offer Lucrative Opportunities for Expansion
The Fracking Chemicals and Fluids market, valued at USD 46.2 Billion in 2024, is projected to reach USD 95.26 Billion by 2035 with a CAGR of 6.8%. This market is driven by innovations in environmentally friendly fracking solutions, global energy demand, and expansion into emerging markets. However, environmental concerns and regulatory pressures continue to pose challenges. Key growth opportunities lie in Asia Pacific and advancing fracking technologies, while horizontal wells dominate application segments. Major players focus on R&D, eco-friendly solutions, and strategic collaborations to stay competitive. Dublin, June 25, 2025 (GLOBE NEWSWIRE) -- The "Fracking Chemicals and Fluids Market By Type, By Chemical Type, By Well Type, By Application, Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles, And Market Forecast, 2025 - 2035" has been added to offering. The Fracking Chemicals and Fluids market is projected to grow significantly, from USD 46.2 billion in 2024 to USD 95.26 billion by 2035, exhibiting a CAGR of approximately 6.8% from 2025 to 2035 This market encompasses chemical additives and fluid solutions essential in hydraulic fracturing operations for extracting oil and gas from unconventional reservoirs such as shale and tight formations. These fluids enhance fracture efficiency, maintain wellbore integrity, and optimize hydrocarbon recovery. Recently, the market has increasingly focused on developing environmentally friendly and high-performance formulations. Key growth drivers include rising global energy demand, advances in drilling technology, and new shale reserve explorations. However, the industry faces challenges such as environmental concerns and regulatory pressures, driving companies toward sustainable innovation. Advancements in Fracturing Fluid Technologies Continuous innovation in chemical formulations has resulted in more effective and eco-friendly fracking fluids. Designed for specific geological conditions, modern fluids enhance operational success. Smart fluids with advanced viscosity and thermal stability are adding value, while waterless and foam-based alternatives are becoming popular to address water scarcity. Such technological improvements promote fracking viability in arid and sensitive regions, leading to customized solutions that mitigate environmental and operational risks. These innovations are paving the way for broader industry acceptance and adoption. Environmental and Health Concerns The environmental impact of fracking chemicals is a significant concern, with risks of groundwater contamination and chemical spills affecting public health and ecosystems. With increasing public opposition and activism, stricter regulations are emerging, leading to delayed or halted project approvals and increased compliance costs. This environmental scrutiny poses challenges to the widespread deployment of fracking technologies. Expansion into Emerging Markets Developing nations with untapped shale reserves offer promising growth potential for the fracking chemicals and fluids market. Asia, Latin America, and Africa are evaluating unconventional resources, investing in exploration for energy independence. Infrastructure development and foreign partnerships further support this trend, diversifying revenue streams and mitigating risks associated with mature markets. Local governments are revising policies to attract global energy players, presenting long-term opportunities for market participants. Segment Analysis Water-based fluids prevail due to their low cost and availability, while oil-based fluids cater to formations needing thermal stability. Foam-based fluids are gaining traction in water-scarce regions. Fluid choices depend on reservoir characteristics and regulatory norms, with each type having specific advantages and limitations influencing operational decisions. The industry is increasingly focusing on waterless and hybrid options. Horizontal wells dominate the application segment due to enhanced reservoir contact and efficiency, requiring more complex and voluminous fracking fluids, driving market demand. Although vertical wells are declining due to lower recovery rates, they remain relevant in certain geologies. Fluid needs differ between horizontal and vertical wells, affecting chemical selection and volumes. Horizontal drilling's prominence, especially in shale plays, spurs fluid innovation and customization. Regional Analysis Asia Pacific holds significant potential, with investments in shale gas development by countries like China and India. Infrastructure development and international collaborations are key enablers in the region's fracking market growth, offering opportunities for international firms to introduce advanced technologies and chemicals. Despite regulatory barriers and environmental challenges, government initiatives foster innovation in cleaner fracking solutions. Asia Pacific is evolving from an exploratory phase to active development. Key Topics Covered: 1. Methodology & Report Coverage1.1. Definition & Objective1.2. Market Evaluation & forecast parameter1.3. Research Methodology1.4. Data Validation Sources 2. Market Overview 3. Fracking Chemicals and Fluids Market: Market Dynamics3.1. Executive Summary3.2. Market Driving Factors3.3. Key industry pitfalls & challenges3.4. Market Opportunities3.5. Porter's Five Forces Analysis3.6. PESTLE Analysis3.7. Regulatory landscape3.8. Investment Landscape3.9. ESG Scenario3.10. Competitive landscape 4. Fracking Chemicals and Fluids Market, Type Segment Analysis4.1. Overview Dynamics4.2. Water-Based Fluids4.3. Oil-Based Fluids4.4. Foam-Based Fluids4.5. Synthetic-Based Fluids 5. Fracking Chemicals and Fluids Market, Chemical Type Segment Analysis5.1. Overview5.2. Gelling Agents5.3. Friction Reducers5.4. Biocides5.5. Scale Inhibitors5.6. Acids5.7. Corrosion Inhibitors5.8. Surfactants5.9. Clay Stabilizers5.10. Crosslinkers5.11. Breakers5.12. Others 6. Fracking Chemicals and Fluids Market, Well Type Segment Analysis6.1. Overview6.2. Horizontal Wells6.3. Vertical Wells 7. Fracking Chemicals and Fluids Market, Application Segment Analysis7.1. Overview7.2. Oil Extraction7.3. Natural Gas Extraction7.4. Geothermal Energy Extraction 8. Fracking Chemicals and Fluids Market, Region Segment Analysis8.1. Overview8.2. North America8.3. Europe8.4. Asia Pacific8.5. Latin America8.6. MEA 9. Company Profiles9.1. Baker Hughes9.2. Halliburton Company9.3. Schlumberger Limited9.4. Fluor Corporation9.5. Dow Inc.9.6. Solvay9.7. Lubrizol9.8. Clariant AG9.9. GE Water & Process Technologies9.10. Nalbari Energy9.11. Weir Group9.12. BASF SE9.13. ChampionX9.14. Cabot Corporation9.15. Univar Solutions For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
