Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1347526
PUBLISHER: IMARC | PRODUCT CODE: 1347526
Clear Brine Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
PUBLISHED:
PAGES: 141 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Market Overview:
The global clear brine fluids market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.4 Billion by 2028, exhibiting a growth rate (CAGR) of 3.55% during 2023-2028.
Clear brine fluids (CBFs) are salt solutions with few or no suspended solids, which are primarily used in the completion process of offshore oil and gas wells. They can either be composed of a single salt or an intermixture of two or three types of salt compounds that are compatible with one another. They help control wellbore pressure, cool the bits and tools, lubricate pipes, and transport solids from the wellbore. Besides this, as they also aid in reducing operating time and minimizing formation and equipment damage, the demand for CBF is rising worldwide.
Clear Brine Fluids Market Trends:
There is presently a considerable increase in the use of CBFs as drill-in, workover, completion, and permanent packer fluids across the globe. In addition, they are utilized as displacement fluids to remove drilling muds. This, in confluence with the rising need for crude oil and natural gas, represents one of the key factors impelling the growth of the market. Moreover, leading players are introducing energy products using unconventional resources, such as gas hydrates, coal bed methane, shale gas, and tight gas sands. They are also focusing on collaborations and mergers and acquisitions (M&A) to widen their consumer base. This, coupled with the growing use of CBFs as substitutes for conventional drilling fluids, is augmenting the overall sales and profitability. Apart from this, there is a rise in oil recovery operations to improve the efficiency of oil production, which is driving the market. Other factors, such as increasing drilling activities and significant growth in the oil and gas industry, are projected to facilitate the growth of the market in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global clear brine fluids market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Potassium Chloride
Calcium Chloride
Calcium Bromide
Potassium Formate
Cesium Formate
Others
Breakup by Application:
Onshore Oil and Gas Production
Offshore Oil and Gas Production
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Baker Hughes Company, Carousel Specialty Products Inc., Chemcon Speciality Chemicals Ltd., Clements Fluids, Halliburton Company, ICL Group Ltd., Lanxess AG, Newpark Resources Inc., Schlumberger Limited, Solent Chemicals and Tetra Technologies Inc.
Key Questions Answered in This Report:
- How has the global clear brine fluids market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global clear brine fluids market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global clear brine fluids market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5793
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Clear Brine Fluids Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Potassium Chloride
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Calcium Chloride
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Calcium Bromide
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Potassium Formate
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Cesium Formate
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Onshore Oil and Gas Production
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Offshore Oil and Gas Production
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Albemarle Corporation
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Baker Hughes Company
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Carousel Specialty Products Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Chemcon Speciality Chemicals Ltd.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Clements Fluids
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Halliburton Company
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 ICL Group Ltd.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Lanxess AG
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Newpark Resources Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Schlumberger Limited
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Solent Chemicals
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 Tetra Technologies Inc.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.1 Albemarle Corporation
Product Code: SR112023A5793
List of Figures
- Figure 1: Global: Clear Brine Fluids Market: Major Drivers and Challenges
- Figure 2: Global: Clear Brine Fluids Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Clear Brine Fluids Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Clear Brine Fluids Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Clear Brine Fluids Market: Breakup by Application (in %), 2022
- Figure 6: Global: Clear Brine Fluids Market: Breakup by Region (in %), 2022
- Figure 7: Global: Clear Brine Fluids (Potassium Chloride) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Clear Brine Fluids (Potassium Chloride) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Clear Brine Fluids (Calcium Chloride) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Clear Brine Fluids (Calcium Chloride) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Clear Brine Fluids (Calcium Bromide) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Clear Brine Fluids (Calcium Bromide) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Clear Brine Fluids (Potassium Formate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Clear Brine Fluids (Potassium Formate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Clear Brine Fluids (Cesium Formate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Clear Brine Fluids (Cesium Formate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Clear Brine Fluids (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Clear Brine Fluids (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Clear Brine Fluids (Onshore Oil and Gas Production) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Clear Brine Fluids (Onshore Oil and Gas Production) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Clear Brine Fluids (Offshore Oil and Gas Production) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Clear Brine Fluids (Offshore Oil and Gas Production) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: North America: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: North America: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: United States: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: United States: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Canada: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Canada: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Asia-Pacific: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Asia-Pacific: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: China: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: China: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Japan: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Japan: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: India: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: India: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: South Korea: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: South Korea: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Australia: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Australia: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Indonesia: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Indonesia: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Others: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Others: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Europe: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Europe: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Germany: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Germany: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: France: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: France: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: United Kingdom: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: United Kingdom: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Italy: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Italy: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Spain: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Spain: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Russia: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Russia: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Latin America: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Latin America: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Brazil: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Brazil: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Mexico: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Mexico: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Middle East and Africa: Clear Brine Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Middle East and Africa: Clear Brine Fluids Market: Breakup by Country (in %), 2022
- Figure 71: Middle East and Africa: Clear Brine Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Global: Clear Brine Fluids Industry: SWOT Analysis
- Figure 73: Global: Clear Brine Fluids Industry: Value Chain Analysis
- Figure 74: Global: Clear Brine Fluids Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Clear Brine Fluids Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Clear Brine Fluids Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Clear Brine Fluids Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Clear Brine Fluids Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Clear Brine Fluids Market: Competitive Structure
- Table 6: Global: Clear Brine Fluids Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.