Tuesday, March 25, 2014

U.S. market for fracking fluids to reach nearly $37.3 billion by 2018

Hydraulic fracturing has changed the global energy landscape for the world and in particular the United States. The process, which relies on fracking fluids, has enabled shale gas and tight oil to become two of the fastest growing segments in North America. Factors strongly driving demand include recycling of fracking fluids and the establishment of new water supply channels and substitutes for water during the fracking process. Consequently, heightened social awareness of fracking techniques and greater scrutiny of fracking by the Environmental Protection Agency are expected to significantly impact this market.

BCC Research provides an in-depth analysis of the U.S. market for fracking fluids through its report The U.S. Market for Fracking Fluids. According to the report, this market was valued at $18.4 billion in 2012 and is estimated at $26 billion for 2013. BCC Research projects the market to grow to nearly $37.3 billion by 2018, and register a five-year compound annual growth rate of 7.4% from 2013 to 2018.

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Use this report to:
  • Gain an overview of the U.S. market for fracking fluids, which are used in hydraulic fracturing, or "hydrofracking," for shale gas and oil production.
  • Analyze global market trends, with data from 2012, estimates for 2013, and projections of CAGRs for the period of 2013 to 2018.
  • Assess breakdowns of energy production from shale formations, production sites being fractured, and production sites by company and market share.
  • Examine hydrofracturing technology, including conventional, nonwater horizontal, staged fracks for hydrocarbon harvesting (zipper fracks), and gas-based fracking.
  • Review comprehensive company profiles of production site operators and fracking fluid suppliers.

To order your copy of this report (or any of its chapters) or to download the complimentary introduction chapter, click here.

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