Fracking Chemicals and Fluids Market in the US 2014-2018

Topics: Petroleum, Baker Hughes, Dow Jones Industrial Average Pages: 3 (462 words) Published: October 13, 2014
Fracking Chemicals and Fluids Market in the US 2014-2018

Fracking chemicals and fluids are utilized in the fracturing technique, commonly known as hydraulic fracturing. Hydraulic fracturing, or fracking, is a technique of well stimulation in which a fluid (typically water mixed with sand and chemicals) is injected at high pressure into a well to create minor fractures in the deep rock foundations to allow natural gas, petroleum, and brine to move toward the well from deep reserves. The technique of fracking is commonly applied to wells for shale gas and oil recovery. Such stimulation is usually carried out once during the productive life of the well, which helps in the elimination of fluids (gas and oil), increasing the productivity of the well. The hydraulic fracturing technique is used because field production is declining with time. The composition of fracking chemicals and fluids varies depending on the type of fracturing used, the conditions of the specific well that is being fractured, and the characteristics of water. A typical fracture treatment uses between 3 and 12 chemical additives.  Covered in this Report

This report covers the present scenario and the growth prospects of the Fracking Chemicals and Fluids market in the US for the period 2014-2018. A detailed study of the market segmentation on the basis of fluid type along with the total revenue for 2013, and the projected revenue for 2018 is provided in the report. The report covers the segmentation of the market based on the type of fracking fluid. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the Fracking Chemicals and Fluids market in the US.

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Key Regions

United States

Key Vendors

Baker Hughes Inc.
Chevron Phillips Chemical Company LLC
Pioneer Energy Services Corp.
Schlumberger Ltd.

Other Prominent Vendors

Calfrac Well Services
Dow Chemical
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