Clear Brine Fluids Market by Product Type (Potassium Chloride, Calcium Chloride, Calcium Bromide, Potassium Formate, Cesium Formate, And Others) and End-User (Inshore Oil & Gas Production and Offshore Oil & Gas Production): Opportunity Analysis and Industry Forecast, 2020–2027
- ALL4621541
- 220 Pages
- April 2021
- Materials and Chemicals
Clear brine fluids are engineered salt solutions that contain at least one of the components: chloride, bromide, and formate. It is solid-free and is used in upstream oil & gas operations as a drill-in, completion, and workover fluid. Clear brine fluids have many advantages in the oil & gas industry. They maximize oil well productivity by controlling reservoir formation pressures to minimize formation damage. Clear-brine fluid is displaced in wells once drilling phase has been completed. It is prepared in various densities to suit conditions of an oilfield. It is commercially available as a standalone brine fluid such as potassium chloride or calcium bromide or in the form of multi-salt blends such as chloride/calcium bromide and sodium chloride/sodium bromide.
The global clear brine fluids market is presently driven by the global oil & gas industry. Crude oil and natural gas is important for economic development of countries as crude oil products such as petrol, diesel, and natural gas are used in transportation, chemical, power, and building sectors. Hence, oil & gas companies invest in exploration of new oil & gas fields. Once discovered and sanctioned for well production, it is made ready for drilling and other production-related activities. Therefore, new onshore and offshore well construction is expected to drive demand for clear brine fluids during the forecast period. Furthermore, clear brine fluids offer efficient performance of oil wells and increases safety of oilfields. Hence, rise in prevalence of clear brine fluids due to their efficient performance is expected propel the market growth during the forecast period.
On the contrary, increase in influx of renewable energy sources such as solar, wind, and tidal energy is expected to hamper growth of the global clear brine fluids market. Globally, countries are shifting from conventional energy sources such as crude oil and coal toward more cleaner and renewable alternatives such as solar panels and wind turbines. However, production of unconventional natural gases have the potential to drive the clear brine fluids market during the forecast period. North America was a key region for shale gas production in recent years. However, exploration and production (E&P) operators in Australia, China, and Argentina have made progress in growing unconventional gas supplies outside of North America.
Supply agreements between clear brine fluids producers and major upstream oil & gas operators is a key trend witnessed in the global clear brine fluids market. For instance, in 2019, Sinomine Specialty signed a supply agreement with Equinor to supply Cesium drilling and completion fluids for Equinor’s operations on the Norwegian Continental Shelf.
The global clear brine fluids market is segmented on the basis of product type, end-users, and region. On the basis of product type, the global clear brine fluids market is segmented into potassium chloride, calcium chloride, calcium bromide, potassium formate, cesium formate, and others. By end users, it is divided into onshore oil & gas production and offshore oil & gas production. Region wise, the global clear brine fluids market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include Albemarle Corporation, Clements Fluids, Egyptian Mud Engineering & Chemicals Company, Halliburton, ICL Group Ltd., Lanxess AG, Schlumberger Ltd., Sinomine Specialty Fluids, Tetra Technologies, and Zirax Ltd.
1.1. Key benefits for stakeholders
• Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• It outlines the current trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
• The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
• The profiles of key players and their key strategic developments are enlisted in the report.
1.2. KEY MARKET SEGMENTS
• By Product Type
• Potassium chloride
• Calcium chloride
• Calcium bromide
• Potassium Formate
• Cesium Formate
• Others
• By End User
• Onshore Oil & Gas Production
• Offshore Oil & Gas Production
• By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o Russia
o UK
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o Rest of LAMEA
Key players in the global clear brine fluids market are:
1. Albemarle Corporation
2. Clements Fluids
3. Egyptian Mud Engineering & Chemicals Company
4. Halliburton
5. ICL Group Ltd.
6. Lanxess AG
7. Schlumberger Ltd.
8. Sinomine Specialty Fluids
9. Tetra Technologies
10. Zirax Ltd.
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key Market Segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
2.3.Market definition and scope
2.4.Key findings
2.4.1.Top investment pockets
2.4.2.Porter's five forces analysis
2.5.Market dynamics
2.5.1.Drivers
2.5.1.1.New upstream projects
2.5.1.2.End-user demand for crude oil and natural gas
2.5.1.3.Increase in production life of oil & gas wells:
2.5.2.Restraint
2.5.2.1.Rise in focus on renewable energy sources:
2.5.3.Opportunities
2.5.3.1.Rise in production of shale gas and other unconventional natural gas
2.6.Value chain analysis
2.7.Impact of COVID-19 on the global clear brine fluids market
2.8.Patent analysis, 2012–2021
CHAPTER 3:CLEAR BRINE FLUIDS MAREKT, BY PRODUCT TYPE
3.1.Overview
3.1.1.Market size and forecast
3.2.Potassium chloride
3.2.1.Key market trends, growth factors, and opportunities
3.2.2.Market size and forecast, by region
3.3.Calcium chloride
3.3.1.Key market trends, growth factors, and opportunities
3.3.2.Market size and forecast, by region
3.4.Calcium Bromide
3.4.1.Key market trends, growth factors, and opportunities
3.4.2.Market size and forecast, by region
3.5.Potassium Formate
3.5.1.Key market trends, growth factors, and opportunities
3.5.2.Market size and forecast, by region
3.6.Cesium Formate
3.6.1.Key market trends, growth factors, and opportunities
3.6.2.Market size and forecast, by region
3.7.Others
3.7.1.Key market trends, growth factors, and opportunities
3.7.2.Market size and forecast, by region
CHAPTER 4:CLEAR BRINE FLUIDS MAREKT, BY END USER
4.1.Overview
4.1.1.Market size and forecast
4.2.Onshore Oil & Gas Production
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.3.Offshore Oil & Gas Production
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
CHAPTER 5:CLEAR BRINE FLUIDS MARKET, BY REGION
5.1.Overview
5.1.1.Market size and forecast
5.2.North America
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by product type
5.2.3.Market size and forecast, by end-user
5.2.4.Market share analysis, by country
5.2.5.U.S.
5.2.5.1.Market size and forecast, by product type
5.2.5.2.Market size and forecast, by end-user
5.2.6.Canada
5.2.6.1.Market size and forecast, by product type
5.2.6.2.Market size and forecast, by end-user
5.2.7.Mexico
5.2.7.1.Market size and forecast, by product type
5.2.7.2.Market size and forecast, by end-user
5.3.Europe
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by product type
5.3.3.Market size and forecast, by end-user
5.3.4.Market share analysis, by country
5.3.5.Germany
5.3.5.1.Market size and forecast, by product type
5.3.5.2.Market size and forecast, by end-user
5.3.6.France
5.3.6.1.Market size and forecast, by product type
5.3.6.2.Market size and forecast, by end-user
5.3.7.Russia
5.3.7.1.Market size and forecast, by product type
5.3.7.2.Market size and forecast, by end-user
5.3.8.UK
5.3.8.1.Market size and forecast, by product type
5.3.8.2.Market size and forecast, by end-user
5.3.9.Italy
5.3.9.1.Market size and forecast, by product type
5.3.9.2.Market size and forecast, by end-user
5.3.10.Rest of Europe
5.3.10.1.Market size and forecast, by product type
5.3.10.2.Market size and forecast, by end-user
5.4.Asia-Pacific
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by product type
5.4.3.Market size and forecast, by end-user
5.4.4.Market share analysis, by country
5.4.5.China
5.4.5.1.Market size and forecast, by product type
5.4.5.2.Market size and forecast, by end-user
5.4.6.Japan
5.4.6.1.Market size and forecast, by product type
5.4.6.2.Market size and forecast, by end-user
5.4.7.India
5.4.7.1.Market size and forecast, by product type
5.4.7.2.Market size and forecast, by end-user
5.4.8.South Korea
5.4.8.1.Market size and forecast, by product type
5.4.8.2.Market size and forecast, by end-user
5.4.9.Rest of Asia-pacific
5.4.9.1.Market size and forecast, by product type
5.4.9.2.Market size and forecast, by end-user
5.5.LAMEA
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by product type
5.5.3.Market size and forecast, by end-user
5.5.4.Market share analysis, by country
5.5.5.Brazil
5.5.5.1.Market size and forecast, by product type
5.5.5.2.Market size and forecast, by end-user
5.5.6.Saudi Arabia
5.5.6.1.Market size and forecast, by product type
5.5.6.2.Market size and forecast, by end-user
5.5.7.Rest Of LAMEA
5.5.7.1.Market size and forecast, by product type
5.5.7.2.Market size and forecast, by end-user
CHAPTER 6:COMPETITIVE LANDSCAPE
6.1.Introduction
6.1.1.Market player positioning, 2019
6.2.Product mapping of top 10 players
6.3.Competitive heatmap
6.4.Key developments
6.4.1.Agreement and Business Expansion
CHAPTER 7:COMPANY PROFILES
7.1.ALBEMARLE CORPORATION
7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.2.CLEMENTS FLUIDS
7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio
7.3.EGYPTIAN MUD ENGINEERING AND CHEMICALS
7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio
7.4.HALLIBURTON
7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.Business performance
7.5.ICL GROUP LTD.
7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance
7.6.LANXESS AG
7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.7.SCHLUMBERGER LIMITED
7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Business performance
7.8.SINOMINE SPECIALTY FLUIDS
7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Product portfolio
7.8.4.Key strategic moves and developments
7.9.TETRA TECHNOLOGIES
7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.10.ZIRAX LIMITED
7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio
7.10.4.Key strategic moves and developments
TABLE 01.GLOBAL CLEAR BRINE FLUIDS MARKET, BY FIBER TYPE, 2019–2027 ($MILLION)
TABLE 02.POTASSIUM CHLORIDE CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.CALCIUM CHLORIDE CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.CALCIUM BROMIDE CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 05.POTASSIUM FORMATE CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.CESIUM FORMATE CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 07.OTHER CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 09.CLEAR BRINE FLUIDS MARKET FOR ONSHORE OIL & GAS PRODUCTION, BY REGION, 2019–2027 ($MILLION)
TABLE 10.CLEAR BRINE FLUIDS MARKET FOR OFFSHORE OIL & GAS PRODUCTION, BY REGION, 2019–2027 ($MILLION)
TABLE 11.CLEAR BRINE FLUIDS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 13.NORTH AMERICA CLEAR BRINE FLUIDS MARKET, BYEND-USER, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA CLEAR BRINE FLUIDS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.U.S. CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 16.U.S. CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 17.CANADA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 18.CANADA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 19.MEXICO CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 20.MEXICO CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 21.EUROPE CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 22.EUROPE CLEAR BRINE FLUIDS MARKET, BYEND-USER, 2019–2027 ($MILLION)
TABLE 23.EUROPE CLEAR BRINE FLUIDS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 24.GERMANY CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 25.GERMANY CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 26.FRANCE CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 27.FRANCE CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 28.RUSSIA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 29.RUSSIA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 30.UK CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 31.UK CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 32.ITALY CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 33.ITALY CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 34.REST OF EUROPE CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 35.REST OF EUROPE CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 36.ASIA-PACIFIC CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 37.ASIA-PACIFIC CLEAR BRINE FLUIDS MARKET, BYEND-USER, 2019–2027 ($MILLION)
TABLE 38.ASIA-PACIFIC CLEAR BRINE FLUIDS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 39.CHINA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 40.CHINA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 41.JAPAN CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 42.JAPAN CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 43.INDIA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 44.INDIA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 45.SOUTH KOREA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 46.SOUTH KOREA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 47.REST OF ASIA-PACIFIC CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 48.REST OF ASIA-PACIFIC CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 49.LAMEA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 50.LAMEA CLEAR BRINE FLUIDS MARKET, BYEND-USER, 2019–2027 ($MILLION)
TABLE 51.LAMEA CLEAR BRINE FLUIDS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 52.BRAZIL CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 53.BRAZIL CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 54.SAUDI ARABIA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 55.SAUDI ARABIA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 56.REST OF LAMEA CLEAR BRINE FLUIDS MARKET, BY PRODUCT TYPE, 2019–2027 (MILLION)
TABLE 57.REST OF LAMEA CLEAR BRINE FLUIDS MARKET, BY END-USER, 2019–2027 (MILLION)
TABLE 58.AGREEMENT AND BUSINESS EXPANSION (2018-2021)
TABLE 59.ALBEMARLE CORPORATION: COMPANY SNAPSHOT
TABLE 60.ALBEMARLE CORPORATION: OPERATING SEGMENTS
TABLE 61.ALBEMARLE CORPORATION: PRODUCT PORTFOLIO
TABLE 62.ALBEMARLE CORPORATION: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 63.CLEMENT: COMPANY SNAPSHOT
TABLE 64.CLEMENT: PRODUCT PORTFOLIO
TABLE 65.EMEC: COMPANY SNAPSHOT
TABLE 66.EMEC: PRODUCT PORTFOLIO
TABLE 67.HALLIBURTON: COMPANY SNAPSHOT
TABLE 68.HALLIBURTON: OPERATING SEGMENTS
TABLE 69.HALLIBURTON: PRODUCT PORTFOLIO
TABLE 70.HALLIBURTON: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 71.ICL-IP: COMPANY SNAPSHOT
TABLE 72.ICL-IP: OPERATING SEGMENTS
TABLE 73.ICL-IP: PRODUCT PORTFOLIO
TABLE 74.ICL-IP: OVERALL FINANCIAL STATUS ($BILLION)
TABLE 75.LANXESS: COMPANY SNAPSHOT
TABLE 76.LANXESS: OPERATING SEGMENTS
TABLE 77.LANXESS: PRODUCT PORTFOLIO
TABLE 78.LANXESS: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 79.SCHLUMBERGER: COMPANY SNAPSHOT
TABLE 80.SCHLUMBERGER: OPERATING SEGMENTS
TABLE 81.SCHLUMBERGER: PRODUCT PORTFOLIO
TABLE 82.SCHLUMBERGER: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 83.SINOMINE SPECIALTY: COMPANY SNAPSHOT
TABLE 84.SINOMINE SPECIALTY: PRODUCT PORTFOLIO
TABLE 85.SINOMINE SPECIALTY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 86.TETRA TECH: COMPANY SNAPSHOT
TABLE 87.TETRA TECH: OPERATING SEGMENTS
TABLE 88.TETRA TECH: PRODUCT PORTFOLIO
TABLE 89.TETRA TECH: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 90.ZIRAX: COMPANY SNAPSHOT
TABLE 91.ZIRAX: PRODUCT PORTFOLIO
TABLE 92.ZIRAX: KEY STRATEGIC MOVES AND DEVELOPMENTS
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