Fluid Loss Additives Market Expected to Experience Attractive Growth Through 2028
Stratview Research has recently published a report on the Fluid Loss Additives Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2023 to 2028.
Fluid Loss Additives Market Insights:
The fluid loss additives market was estimated at USD 343.29 million in 2022 and is likely to grow at a CAGR of 3.59% during 2023-2028 to reach USD 425.67 million in 2028.
What is a fluid loss additive?
Fluid loss additive is one of the major components in oilfield operations. It is a polymer that is developed to drastically reduce fluid loss during oilfield cementing operations.
Fluid loss additives are of different types synthetically modified natural, synthetic, and natural, that are used in various applications, such as drilling fluid and cement slurry.
Market Dynamics
Increasing shale gas exploration and crude oil production is attributed as the major driver contributing to the demand for fluid loss additives. In addition, as these activities require ultra-modern technologies such as multistage hydraulic fracturing of horizontal wells, they are carried out with the support of various formulated drilling fluids that aid to maintain wellbore stability, pump pressure, circumvent friction and corrosion and remove & transport cuttings.
Read More: https://www.stratviewresearch.com/1093/fluid-loss-additives-market.html
Stratview Research has recently published a report on the Fluid Loss Additives Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2023 to 2028.
Fluid Loss Additives Market Insights:
The fluid loss additives market was estimated at USD 343.29 million in 2022 and is likely to grow at a CAGR of 3.59% during 2023-2028 to reach USD 425.67 million in 2028.
What is a fluid loss additive?
Fluid loss additive is one of the major components in oilfield operations. It is a polymer that is developed to drastically reduce fluid loss during oilfield cementing operations.
Fluid loss additives are of different types synthetically modified natural, synthetic, and natural, that are used in various applications, such as drilling fluid and cement slurry.
Market Dynamics
Increasing shale gas exploration and crude oil production is attributed as the major driver contributing to the demand for fluid loss additives. In addition, as these activities require ultra-modern technologies such as multistage hydraulic fracturing of horizontal wells, they are carried out with the support of various formulated drilling fluids that aid to maintain wellbore stability, pump pressure, circumvent friction and corrosion and remove & transport cuttings.
Read More: https://www.stratviewresearch.com/1093/fluid-loss-additives-market.html
Fluid Loss Additives Market Expected to Experience Attractive Growth Through 2028
Stratview Research has recently published a report on the Fluid Loss Additives Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2023 to 2028.
Fluid Loss Additives Market Insights:
The fluid loss additives market was estimated at USD 343.29 million in 2022 and is likely to grow at a CAGR of 3.59% during 2023-2028 to reach USD 425.67 million in 2028.
What is a fluid loss additive?
Fluid loss additive is one of the major components in oilfield operations. It is a polymer that is developed to drastically reduce fluid loss during oilfield cementing operations.
Fluid loss additives are of different types synthetically modified natural, synthetic, and natural, that are used in various applications, such as drilling fluid and cement slurry.
Market Dynamics
Increasing shale gas exploration and crude oil production is attributed as the major driver contributing to the demand for fluid loss additives. In addition, as these activities require ultra-modern technologies such as multistage hydraulic fracturing of horizontal wells, they are carried out with the support of various formulated drilling fluids that aid to maintain wellbore stability, pump pressure, circumvent friction and corrosion and remove & transport cuttings.
Read More: https://www.stratviewresearch.com/1093/fluid-loss-additives-market.html
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