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Report Overview

The global fluid loss additives market attained a value of USD 357.76 million in 2023. The industry is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.5%.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Fluid Loss Additives Market

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The fluid loss additives market is being driven by the increasing production of crude oil and the exploration of shale gas, globally. While North America leads the industry, the Asia Pacific is emerging as a significant market for the product. The US is the largest producer of crude oil and is providing a further boost to the fluid loss additives industry in North America due to the rising shale gas exploration in the region.

Market Segmentation

Fluid loss additives help in reducing water loss by cement filter cake, making it useful in squeeze cementing. It is widely used in drilling fluid and cement slurry. The various types of fluid loss additives include:

Market Breakup by Type

  • Synthetically Modified Natural Additives
  • Synthetic Additives
  • Natural Additives

Market Breakup by Application

  • Drilling Fluid
  • Cement Slurry

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Fluid Loss Additives Market

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Market Analysis

The global fluid loss additives market is being driven by the rising demand for drilling fluids and cement slurry. The increasing production of crude oil further aids the industry. The technological developments, enabling the exploration of various sources, such as coal bed methane or shale gas, is another factor fuelling the demand for the product. The lucrative growth opportunities offered by different countries like India, China, the US, and Germany is adding to the growth of the industry. Synthetically modified natural additives segment is expected to grow at a faster rate due to its high demand. North America dominates the market owing to increased shale gas exploration and considerable investments in unconventional drilling technologies in the US.

Global Fluid Loss Additives Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global fluid loss additives market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Halliburton Energy Services, Inc.
  • Nouryon Chemicals Holding B.V.
  • Newpark Resources Inc.
  • Kemira Oyj (HEL: KEMIRA)
  • Clariant AG
  • Solvay    
  • Tytan Organics Pvt. Ltd.  
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Synthetically Modified Natural Additives
  • Synthetic Additives
  • Natural Additives
Breakup by Application
  • Drilling Fluid
  • Cement Slurry
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Halliburton Energy Services, Inc.
  • Nouryon Chemicals Holding B.V.
  • Newpark Resources Inc.
  • Kemira Oyj
  • Clariant AG
  • Solvay
  • Tytan Organics Pvt. Ltd.
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124