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[ 英語タイトル ] Clear Brine Fluids Market - Growth, Trends, and Forecast (2020 - 2025)


Product Code : MDCH0087392
Survey : Mordor Intelligence
Publish On : November, 2020
Number of Pages : 105
Category : Chemicals and Advanced Materials
Study Area : Global
Report format : PDF
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 - Cabot Corporation
- LANXESS
- Albemarle Corporation
- Egyptian Mud Engineering & Chemicals Company
- Schlumberger
- Tetra Technologies
- Halliburton
- Clements Fluids
- Israel Chemicals Limited

[Report Description]

The market for Clear Brine Fluids is expected to grow at a CAGR of more than 4% during the forecast period.

- Increasing enhanced oil recovery operations to improve the efficiency of oil production accompanied by extensive exploration for locating crude oil reservoirs will stimulate the clear brine fluids market growth.
- The Middle-East and Africa region is estimated to dominate the market with the largest consumption coming from countries like Saudi Arabia and Qatar. However, North America is likely to register the fastest growth rate during the forecast period.

Key Market Trends

Increasing demand from the oil and gas industry

- Clear brine fluids are salt-based solutions that find applications in extracting and drilling operations for the petroleum and gas sector. These fluids also aid in controlling high-temperature and high-pressure in the reservoir during conventional drilling processes and further reducing the damage and hazards. Proliferating the oil and gas sector along with increasing drilling of rigs for gas extraction will significantly contribute to the industry expansion during the forecast period.
- Depleting of easily available natural gas and crude oil sources is forcing energy companies to look for unconventional energy sources, accompanied by increasing adoption of efficient techniques like enhanced oil recovery will further boost the clear brine fluids markets. Industry players are developing energy products from unconventional resources including gas hydrates, coal bed methane, shale gas/oil, and tight gas sands. Clear brine fluids requirement for the exploration and extraction of such energy sources from the reserves will accentuate the volume.
- However, due to COVID-19, the number of oil rigs in operation has reduced in 2020. For example, according to Baker Hughes, the number of oil rigs have fallen from 2,073 in January 2020 to about 1,176 May 2020. This is expected to negatively affect the clear brine fluids market in the current year.
- The raw materials including sodium, calcium, cesium, chlorine, potassium, and bromine are used in the manufacture of multiple types of clear brine fluids. Zinc/calcium bromide and potassium chloride products are estimated to have significant market share. Calcium bromide brine solutions are used for reducing formation damage due to clay swelling and dispersion. While Potassium chloride is used for stabilization of water-sensitive clays from the high pressure developed in the reservoirs.

Middle-East and Africa is expected to dominate the market

Middle East and Africa accounted for a significant share in the clear brine fluids market owing to region being largest producer of crude oil in the world from countries like Saudi Arabia, UAE, Iraq, and Iran. Moreover, Qatar is the fifth-largest gas producer in the world and holds the third largest gas reserves in the world (estimated at 16% of the global total). Nigeria, Angola, Kenya, and Mozambique are the key contributing nations to the African oil and gas sector. However, Africa has witnessed a downward trend in oil and gas industry with players shifting towards geologies offering promising returns with attractive fiscal terms. Until 2019, the oil and gas production was expected grow significantly due to increasing energy import demand from the Asia-Pacific and Europe. Meanwhile, due to collapse of OPEC+ agreement and COVID-19 crisis has given demand shocks for the industry. This is expected to affect the exploration activities in the region in turn effecting the demand for the clear brine fluids. However, as the prices stabilize and exploration and drilling activities resume, the clear brine fluids market of this region is expected to dominate the global market.

Competitive Landscape

The market studied is partially consolidated in nature. Some of the key players in the market include Schlumberger Limited, Halliburton., Ltd, Albemarle Corporation., Ltd., TETRA Technologies, Inc., Clements Fluid, among others.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Rising global hydrocarbon exploration & production
4.1.2 Increasing Enhanced Oil Recovery activities
4.2 Restraints
4.2.1 Fluctuations in crude oil prices
4.2.2 Impact of COVID-19 Outbreak
4.3 Industry Value-Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5 MARKET SEGMENTATION
5.1 product type
5.1.1 Calcium chloride
5.1.2 Sodium chloride
5.1.3 Zinc calcium bromides
5.1.4 Cesium Formate
5.1.5 Potassium chloride
5.1.6 Others
5.2 Application
5.2.1 Oil and Gas Exploration
5.2.2 Enhanced Oil Recovery
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Rest of North America
5.3.3 Europe
5.3.3.1 United Kingdom
5.3.3.2 France
5.3.3.3 Germany
5.3.3.4 Russia
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 Qatar
5.3.5.3 United Arab Emirates
5.3.5.4 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Cabot Corporation
6.4.2 LANXESS
6.4.3 Albemarle Corporation
6.4.4 Egyptian Mud Engineering & Chemicals Company
6.4.5 Schlumberger
6.4.6 Tetra Technologies
6.4.7 Halliburton
6.4.8 Clements Fluids
6.4.9 Israel Chemicals Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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