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Published: Jan, 2015 | Pages:
80 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)
The global clear brine fluids market is expected to reach USD 2.03 billion by 2020. Increase in drilling activities particularly in the U.S., Brazil, China and Western Africa is expected to remain a key driving factor for global clear brine fluids market. Increasing deep water exploration investment particularly in "The Golden Triangle" is also expected to have a positive influence on the market growth over the next six years. Stringent environmental regulations across the U.S. and Europe on account of ground water contamination caused by clear brine fluids is expected to remain a major challenge for market participants.
Potassium chloride was the largest product segment and accounted for 24.3% of total market volume in 2013. Wide range of chloride applications is expected to remain a key driver for this segment. Potassium chloride is also expected to witness the highest growth rate at 10.3% from 2014 to 2020. Global calcium chloride based clear brine fluids are expected to reach a market worth USD 72 million by 2020. The chlorides and bromides clear brine fluids have been substituting conventional drilling mud on account of their higher efficiency and cost effectiveness.
Further key findings from the study suggest:
Global clear brine fluids market demand was 1,010.2 kilo tons in 2013 and is expected to reach 1,977.5 kilo tons by 2020, growing at a CAGR of 10.1% from 2014 to 2020.
North America emerged as the leading regional market for clear brine fluids and accounted for 64.9% of total market volume in 2013. Increasing drilling activities in the U.S. on account of shale gas boom and in Gulf of Mexico remained a key driving factor for the regional market.
Asia Pacific is expected to witness the highest growth at 11% over the next six years. Increasing drilling activities in China on account of presence of large amount of untapped shale gas in place is expected to remain a key driving factor for the regional market. European clear brine fluids market is expected to reach USD 162.3 million by 2020, growing at a CAGR of 12% from 2014 to 2020.
Global clear brine fluids market is moderately concentrated with top four companies including M-I SWACO, Halliburton, Israel Chemicals Ltd., TETRA Technologies accounted for over 50% of the total market. Other market participants include Albemarle Corporation, Baker Hughes Inc., Zirax Ltd., The Egyptian Mud Engineering & Chemicals Co., GEO Drilling Fluids Inc., Newpark Resources Inc. and Chemtura Corporation. Clear brine fluids market recently, witnessed number of mergers and acquisitions leading to significant opportunities for market participants.
For the purpose of this study, Grand View Research has segmented the clear brine fluids market on the basis of product and region:
Global Clear Brine Fluids Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Potassium Chloride
Calcium Chloride
Sodium Chloride
Potassium Bromide
Calcium Bromide
Sodium Bromide
Others
Global Clear Brine Fluids Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2020)
North America
Europe
Asia Pacific
RoW
Table of Contents
Chapter 1 Executive Summary 1.1 Clear Brine Fluids - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Clear Brine Fluids Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Clear Brine Fluids Value Chain Analysis 2.4 Clear Brine Fluids Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Increasing demand for clear brine fluids due to rising number of oil drilling activities 2.4.1.2 Focus on developing deep sea reserves and implementing horizontal drilling 2.4.2 Market restraint analysis 2.4.2.1 Fluctuating prices of raw materials such as potassium chloride 2.4.2.2. Variations in trade agreements due to political imbalance 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Clear Brine Fluids - Company Market Share Analysis 2.8 Clear Brine Fluids - PESTEL Analysis Chapter 3 Clear Brine Fluids Product Outlook 3.1 Global clear brine fluids market share, by product, 2013 & 2020 3.2 Potassium chloride clear brine fluids 3.2.1. Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.2.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.3 Calcium chloride clear brine fluids 3.3.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.3.2. Market estimates and forecast, 2012-2020 by region (Kilo Tons) (USD million) 3.4 Sodium chloride clear brine fluids 3.4.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.4.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.5 Potassium bromide clear brine fluids 3.5.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.5.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.6 Sodium bromide clear brine fluids 3.6.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.6.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.7 Calcium bromide clear brine fluids 3.7.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.7.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.8 Others 3.8.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.8.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) Chapter 4 Clear Brine Fluids Regional Outlook 4.1 Global clear brine fluids market share, by region, 2013 & 2020 4.2 North America 4.2.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.2.2 Market estimates and forecasts, by product, 2012-2020 (Kilo Tons) (USD million) 4.3 Europe 4.3.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.3.2 Market estimates and forecasts, by product, 2012-2020 (Kilo Tons) (USD million) 4.4 Asia Pacific 4.4.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.4.2 Market estimates and forecasts, by product, 2012-2020 (Kilo Tons) (USD million) 4.5 RoW 4.5.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.5.2 Market estimates and forecasts, by product, 2012-2020 (Kilo Tons) (USD million) Chapter 5 Competitive Landscape 5.1 Albemarle Corporation 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 Egyptian Mud Engineering & Chemicals Company (EMEC) 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Geo Drillings Fluids, Inc. 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Great Lake Solutions 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Halliburton Company 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Israel Chemicals Ltd. 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 M-I SWACO 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 TETRA Technologies, Inc. 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Zirax Ltd. 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives Chapter 6 Methodology & Scope 6.1 Research Methodology 6.2 Research Scope & Assumptions 6.3 List of Data Sources List of Tables
1. Clear Brine Fluids - Industry Summary & Critical Success Factors (CSFs) 2. Global clear brine fluids market volume & revenue, 2012 - 2020 3. Clear Brine Fluids - Key driver analysis 4. Clear Brine Fluids - Key restraint analysis 5. Global potassium chloride based clear brine fluids market estimates and forecast, 2012-2020 6. Global potassium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 7. Global potassium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 8. Global calcium chloride based clear brine fluids market estimates and forecast, 2012-2020 9. Global calcium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 10. Global calcium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 11. Global sodium chloride based clear brine fluids market estimates and forecast, 2012-2020 12. Global sodium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 13. Global sodium chloride based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 14. Global potassium bromide based clear brine fluids market estimates and forecast, 2012-2020 15. Global potassium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 16. Global potassium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 17. Global sodium bromide based clear brine fluids market estimates and forecast, 2012-2020 18. Global sodium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 19. Global sodium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 20. Global calcium bromide based clear brine fluids market estimates and forecast, 2012-2020 21. Global calcium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 22. Global calcium bromide based clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 23. Global other clear brine fluids market estimates and forecast, 2012-2020 24. Global other clear brine fluids market estimates and forecast, by region, 2012-2020 (Kilo Tons) 25. Global other clear brine fluids market estimates and forecast, by region, 2012-2020 (USD Million) 26. North America market estimates and forecast, by product, 2012 - 2020 (Kilo Tons) 27. North America market estimates and forecast, by product, 2012 - 2020 (USD Million) 28. Europe market estimates and forecast, by product, 2012 - 2020 (Kilo Tons) 29. Europe market estimates and forecast, by product, 2012 - 2020 (USD Million) 30. Asia Pacific market estimates and forecast, by product, 2012 - 2020 (Kilo Tons) 31. Asia Pacific market estimates and forecast, by product, 2012 - 2020 (USD Million) 32. RoW market estimates and forecast, by product, 2012 - 2020 (Kilo Tons) 33. RoW market estimates and forecast, by product, 2012 - 2020 (USD Million) List of Figures 1. Clear Brine Fluids market segmentation 2. Global clear brine fluids market revenue estimates and forecast, 2012 - 2020 (USD million) 3. Clear Brine Fluids - Value chain analysis 4. Clear Brine Fluids - Market dynamics 5. Clear Brine Fluids - Company market share analysis, 2013 6. Key opportunities prioritized 7. Industry analysis - Porter's 8. Clear Brine Fluids PESTEL analysis, 2013 9. Global clear brine fluids market share, by product, 2013 & 2020 10. Global clear brine fluids market share, region, 2013 & 2020
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