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Clear Brine Fluids Market Share

Report ID: GMI1133
Published Date: Dec 2019
Report Format: PDF

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Clear Brine Fluids Market Share

Industry players involve in implementing strategies to cope up the end user requirement and increasing their revenue generation across the globe. For example, in October 2019, Sinomine Specialty Fluids signed a mutual agreement with Equinor ASA for the supply of drilling and completion fluids manufactured from cesium format. This contract will support to enhance their production capacity and increase their business share to gain competitive edge. Furthermore, prominent players operating in the marketplace includes

Schlumberger
Halliburton
Albemarle Corporation
Israel Chemicals Limited
Tetra Technologies Inc.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Clear brine fluids market will observe a CAGR of 6.3% over 2019-2026 with increasing product usage owing to its suitable physiochemical properties in the oil and gas industry.

Potassium chloride segment will expand significantly through 2026 on account of increasing product demand in oil and gas sector.

North America will witness a CAGR of over 6.7% through 2026 owing to the expanding shale gas sector in countries including the U.S and Canada.

High product demand due to the presence of several crude oil reserves in the countries including Saudi Arabia, Iran and Kuwait makes Middle East and Africa a prominent hub for the industry.