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Global Fracking Fluid and Chemicals Market - Strategic Insights and Forecasts (2025-2030)

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Global Fracking Fluid and Highlights

Global fracking fluid market is growing rapidly due to increased horizontal drilling.
Research is focusing on developing environmentally friendly fracking fluids and chemicals.
Demand for natural gas is driving the fracking fluid and chemical market.
North America is leading in market volume with advanced drilling infrastructure.

Fracking Fluid and Chemicals Market Size:

The Fracking Fluid and Chemicals Market is expected to grow from US$34.107 billion in 2025 to US$45.941 billion in 2030, at a CAGR of 6.14%.

Fracking Fluid and Chemicals Market Trends:

The global Fracking Fluids and Chemicals Market is expected to grow rapidly, owing to a shift in drilling wells from vertical to horizontal drilling, an increase in research and development initiatives for manufacturing environmentally friendly fluids and chemicals, and expanding demand for power and fuels. Fracking fluid is a chemical combination used in drilling operations to increase the number of hydrocarbons that may be extracted. The fluid protects the well against deterioration. Among other things, it lubricates the extraction process and avoids blockages and bacterial growth.

A bar chart showing Fracking Fluid and Chemicals Market size in USD Billion from 2025 to 2030 with CAGR

After oil and gas resource drilling is done, hydraulic fracturing fluid and chemicals are used. The conventional or non-conventional composition of oil and gas well fracturing involves adding fluid and chemicals to stimulate the oil and gas well. Hydraulic fracturing has allowed older oil and gas fields with high production rates to produce oil and gas more effectively. Hydraulic fracturing can also be employed to recover oil and gas from geological compositions that were previously impossible to reach. Fracking fluid and chemicals also help maintain stability by reducing pressure loss caused by friction.

The rising consumption of natural gas is predicted to be a major driver of growth in the worldwide fracking fluid and chemicals industry. Chemicals for fracking are blended with various additives based on the needs of the fracturing operation. As the drilling operation progresses, additives such as enzymes and oxidizers are inserted to allow fluid backflow. By weakening the gelling effect, oxidizers and enzymes reduce the viscosity of the fracturing fluid. Natural gas is commonly used in residential and commercial locations, primarily for heating. However, natural gas is also used as a raw material in the industrial sector, for example, by fertilizer producers. The electrical industry is anticipated to be the primary user of natural gas. Natural gas is predicted to supply the world's growing electricity demand while emitting less CO2 than coal. Over the projected period, the market is likely to be driven by an increase in the usage of unconventional gas and oil resources such as shale and CBM.

Fracking Fluid and Chemicals Market Growth Drivers:

  • Harmful effects on the environment due to the usage of fracking fluid and chemicals is expected to impact the growth of the market

The global market is expected to be hampered by strong opposition because of the detrimental effects of hydraulic fracturing on the environment. Climate change, air pollution, increased earthquake risk, increased water usage, and water contamination are expected to be just a few of the market's main challenges. The fracking fluid used has many harmful effects on the environment, due to which the usage of fracking fluid and chemicals is expected to impact the growth of the market. Hydraulic fracturing has been subject to stringent laws in several countries. This issue is also predicted to pose some challenges to market expansion.

Water-based, foam-based, gelled-oil-based, and other segments make up the market. The growth of water-based fracking fluid is high during the forecasted period. The variables linked to the expansion of water-based are due to a growing awareness of fracking fluid toxicity and biodegradation. The main growth factor of water-based fracking fluid is expected to be its quality to avoid transmission loss and avoid erosion of weak formation rock.

  • The fracking fluid and chemical market volume is expected to be dominated by North America.

Because the region's drilling sector is well-developed, North America’s need for fracking chemicals is likely substantial. The United States, in particular, has well-established drilling and exploration business and is consequently expected to have a major portion of the global market.

Over the forecasted period, it is expected that the Asia Pacific region will develop in terms of revenue owing to growing energy consumption and use and is projected to continue to be a significant driver of market expansion. In the forecasted period, European oilfield production is expected to rise because of oil production opportunities rising in the North Sea. A number of oilfield development projects in unconventional and offshore reserves and a high rate of mud-cap drilling in the region are expected to benefit the fracking fluid and chemical market globally.

Fracking Fluid and Chemicals Market Product Offerings:

  • Baker Hughes Company offers Spectra FracTM G fracturing fluids that are borate-crosslinked systems suitable for conventional fracturing operations in high-shear environments or under-pressured formations energized or foamed with nitrogen. These fluids can be easily prepared on-site and can be incorporated into the internal breaker to minimize formation damage.
  • Halliburton offers BaraXcelTM fluid and optimized SCE systems. The high-performance fluid and solids control systems bring lower pump pressures and high ROPs while minimizing LGS concentration. With this fluid and system offered by Halliburton, an operator can reduce clean-up time, and pump pressure.
  • The composite fracturing fluids offered by Schlumberger limited can increase the reservoir contact and improve the efficiency and flexibility with the help of standard slickwater fluids. The company claims that these fracturing fluids can be designed to optimize the company’s base fluid, including standard slickwater, viscous slickwater, and liner gel among others. 

List of Top Fracking Fluid and Chemicals Companies:

  • Baker Hughes Incorporated
  • Halliburton Company
  • Schlumberger Ltd.
  • The Dow Chemical Company
  • BASF SE

Fracking Fluid And Chemicals Market Scope:

Report Metric Details
Study Period 2021 to 2031
Historical Data 2021 to 2024
Base Year 2025
Forecast Period 2026 – 2031
Report Metric Details
Fracking Fluid and Chemicals Market Size in 2025 US$34.107 billion
Fracking Fluid and Chemicals Market Size in 2030 US$45.941 billion
Growth Rate CAGR of 6.14%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Fluid Type
  • Well Type
  • Application
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Fracking Fluid and Chemicals Market
  • Baker Hughes Incorporated
  • Halliburton Company
  • Schlumberger Ltd.
  • The Dow Chemical Company
  • BASF SE
Customization Scope Free report customization with purchase

Fracking Fluid and Chemicals Market Segmentation:

  • By Fluid Type
    • Water based
    • Oil based
    • Foam Based
  • By Well Type
    • Vertical
    • Horizontal
  • By Application
    • Friction Reducer
    • Gelling Agent
    • Scale Inhibitor
    • Cross Linkers
    • Biocide
    • Corrosion Inhibitor
    • Others
  • By Industry Vertical
    • Consumer Electronics
    • Automotive
    • Communication and Techonology
    • Energy and Power
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • The Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Others 

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REPORT DETAILS

Report ID:KSI061612276
Published:May 2025
Pages:145
Format:PDF, Excel, PPT, Dashboard
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Frequently Asked Questions

The fracking fluid and chemicals market is expected to reach a total market size of US$45.941 billion by 2030.

Fracking Fluid and Chemicals Market is valued at US$34.107 billion in 2025.

The fracking fluid and chemicals market is expected to grow at a CAGR of 6.14% during the forecast period.

The fracking fluid and chemicals market is anticipated to grow due to rising global energy demand, shale gas exploration, and technological advancements.

The North American region is anticipated to hold a significant share of the fracking fluid and chemicals market.

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