PUBLISHER: The Business Research Company | PRODUCT CODE: 1926113
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926113
Fracking chemicals and fluids are chemical mixtures utilized in hydraulic fracturing operations to enhance the extraction of hydrocarbons from the ground. These chemicals are incorporated into fracking fluids and include substances such as polyacrylamide, hydrochloric acid, biocides, and others.
The primary types of fracking chemicals and fluids products include water-based fluids, oil-based fluids, synthetic-based fluids, and foam-based fluids. Water-based fluids consist mainly of water and may incorporate chemical additives. These fluids play various roles in different wells, such as horizontal wells, vertical wells, and directional wells, serving functions such as friction reduction, biocide application, clay control, gelling, cross-linking, breaking, buffering, surfactancy, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are affecting the fracking chemicals and fluids market by increasing costs of imported chemical additives, polymers, acids, and specialty compounds used in hydraulic fracturing operations. North America is most impacted due to its large-scale shale activities and reliance on global chemical supply chains, while Asia-Pacific faces higher input costs for developing unconventional reserves. These tariffs are increasing operational costs for oilfield service providers and operators. However, they are also encouraging domestic chemical production, localized sourcing strategies, and innovation in cost-effective fracturing fluid formulations.
The fracking chemicals and fluids market research report is one of a series of new reports from The Business Research Company that provides fracking chemicals and fluids market statistics, including fracking chemicals and fluids industry global market size, regional shares, competitors with a fracking chemicals and fluids market share, detailed fracking chemicals and fluids market segments, market trends and opportunities, and any further data you may need to thrive in the fracking chemicals and fluids industry. This fracking chemicals and fluids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fracking chemicals and fluids market size has grown rapidly in recent years. It will grow from $51.88 billion in 2025 to $57.12 billion in 2026 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to expansion of shale gas exploration activities, increasing adoption of hydraulic fracturing techniques, rising demand for enhanced oil recovery, availability of diverse chemical additives, growth of unconventional oil and gas drilling.
The fracking chemicals and fluids market size is expected to see rapid growth in the next few years. It will grow to $84.92 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to increasing investments in unconventional energy resources, rising demand for water-efficient fracturing solutions, expansion of deep and ultra-deep well drilling, growing focus on chemical performance optimization, increasing adoption of advanced fluid engineering. Major trends in the forecast period include increasing use of environment-optimized fracturing fluids, rising adoption of high-performance friction reducers, growing demand for customized chemical formulations, expansion of horizontal and directional drilling activities, enhanced focus on fluid efficiency optimization.
Rising oilfield production is expected to drive the growth of the fracking chemicals and fluids market. Oilfield production involves extracting crude oil and natural gas from underground reservoirs and bringing them to the surface for processing, refinement, and distribution. Fracking chemicals and fluids are critical in this process, enabling the extraction of oil and gas through hydraulic fracturing. For instance, in June 2023, according to the International Energy Agency, global oil demand is projected to reach 105.7 million barrels per day by 2028, representing a cumulative increase of 6% from 2022.
Major companies in the fracking chemicals and fluids market are developing next-generation hydraulic fracturing transmission systems with advanced prognostics, such as fluid life prognostics, to tackle shale oil and gas extraction challenges. Fluid life prognostics involves predicting the remaining usable life of a fluid through analysis and monitoring techniques. For example, in May 2023, Allison Transmission, a US-based vehicle propulsion solutions company, launched Allison FracTran, a hydraulic fracturing transmission featuring eight gear ranges, multiple gear ratios, a 3,300-horsepower rating, and 10,000 lb.-ft. of input torque. It also provides diagnostics for filter and fluid life, a transmission-mounted control module, torsional measurement, and a telematics gateway.
In May 2024, ExxonMobil, a US-based natural gas company, acquired Pioneer Natural Resources for around $60 billion. This acquisition aims to enhance ExxonMobil's upstream portfolio by significantly expanding its presence in the Permian Basin, thus unlocking high-return development opportunities. Additionally, it intends to accelerate environmental goals by moving Pioneer's net-zero emissions target from 2050 to 2035. Pioneer Natural Resources is a US-based independent oil and gas exploration and production company that specializes in providing fracking chemicals and fluids.
Major companies operating in the fracking chemicals and fluids market are Halliburton Company, Schlumberger Limited, Baker Hughes Company, Dow Inc., BASF SE, Solvay S.A., Arkema S.A., Huntsman Corporation, Clariant AG, The Lubrizol Corporation, Innospec Inc., Ashland Global Holdings Inc., Nalco Champion (Ecolab Inc. Oilfield Services Brand), Croda International Plc, Evonik Industries AG, SNF Group, Chevron Phillips Chemical Company LLC, Albemarle Corporation, Akzo Nobel N.V., Kemira Oyj
North America was the largest region in the fracking chemicals and fluids market in 2025. The regions covered in the fracking chemicals and fluids market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the fracking chemicals and fluids market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The fracking chemicals and fluids market consists of sales of surfactant, guar gum, biocides, breakers and glutaraldehyde. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fracking Chemicals And Fluids Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses fracking chemicals and fluids market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fracking chemicals and fluids ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The fracking chemicals and fluids market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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