Fluid Loss Additives Market Set to Grow at Healthy CAGR forecast by 2026

Posted by Andre on October 25th, 2019

The company profiles of all the major players and brands that are dominating the market are covered in the report with respect to their moves like product launches, joint ventures, mergers and acquisitions. The Global Fluid Loss Additives Market research report also explains in depth description, competitive scenario, product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter's five force analysis. This market report offers an actionable market insight with which sustainable and profitable business strategies can be built. This Fluid Loss Additives Market report has been prepared by conducting market research in a systematic manner.

Global fluid loss additives market is expected to rise to an estimated value of USD 403.48 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the rising exploration of shale gas and production of crude oil

Segmentation: Global Fluid Loss Additives Market

By Type

•          Synthetic Additives
•          Natural Additives
•          Synthetically Modified Natural Additives

By Application

•          Drilling Fluid
•          Cement Slurry

By Geography

North America

•          U.S.
•          Canada
•          Mexico

South America

•          Brazil
•          Argentina
•          Rest of South America

Europe

•          Germany
•          France
•          United Kingdom
•          Italy
•          Spain
•          Russia
•          Turkey
•          Belgium
•          Netherlands
•          Switzerland
•          Rest of Europe

Asia-Pacific

•          Japan
•          China
•          South Korea
•          India
•          Australia
•          Singapore
•          Malaysia
•          Indonesia
•          Thailand
•          Philippines
•          Rest of Asia-Pacific

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Market Drivers:

•          Growing crude oil production to support demand acts as a market driver
•          Shale gas exploration created new avenues for fluid loss additives will propel the growth of the market
•          Evolution and development of technology is also driving this market growth
•          Huge investments in the latest and unconventional drilling technologies also boost the market growth

Market Restraints:

•          Impact on environment by destructing the aquatic bodies such as coastal areas and fishes acts as a market restraint in the forecast period
•          Growing demand of electric vehicles to restrict crude oil consumption and hence serve as a restraint for the market

Competitive Analysis:

Global fluid loss additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fluid loss additives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

•          Complete and distinct analysis of the market drivers and restraints
•          Key market players involved in this industry
•          Detailed analysis of the market segmentation
•          Competitive analysis of the key players involved

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