Research and Markets (http://www.researchandmarkets.com/research/bvx4jl/fracking) has announced the addition of the "Fracking Chemicals and Fluids Market in the US 2014-2018" report to their offering.
Fracking chemicals and fluids find their application in the fracturing technique, commonly known as hydraulic fracturing. Hydraulic fracturing, or fracking, is a technique of well stimulation in which fluids (typically water mixed with sand and chemicals) are 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.
One major trend emerging in the market is the development of new fracking chemical and fluid components. With the increase in health and environmental concerns, the oil and gas industries are focusing on the development of new and modified fracking chemical components.
According to the report, one of the major drivers in this market is the growing Shale Oil and Gas market in the Americas. The recovery of shale oil and gas involves hydraulic fracturing technology, which ultimately requires a huge amount of fracking chemicals and fluids.
Further, the report states that one of the major challenges in this market is the proper management of flowback fluids. The proper isolation of flow back fluids from the surrounding environment is a major challenge because the recycling of these fluids is a tedious task and the recycling methods are still in the development stage.
Key Vendors
- Baker Hughes
- Chevron Phillips Chemical
- Halliburton
- Pioneer Energy Services
- Schlumberger
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Technology Overview
- Market Segmentation by Fluids Type
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/bvx4jl/fracking
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Sector: Oil