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Clear brine fluids Market is anticipated to reach US$1,444.7 Mn by 2023, expanding at a CAGR of 6.2%

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The review is based on the findings of a TMR report titled, “Clear Brine Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” The global clear brine fluids market is thus expected to expand at a CAGR of 6.
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Research
Clear Brine Fluids Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
22-Jan-2016
126 Page Report
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Press Release
Rise in Drilling Activities for Unconventional Energy
Resource Exploration to Boost Demand for Clear Brine
Fluids, Says TMR
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Clear Brine Fluids Market
REPORT DESCRIPTION
Clear Brine Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
With increasing oil and gas drilling activities worldwide, the demand for quality clear brine fluids is also
increasing due to their role in the drilling completion process. Leading companies operating in the global clear
brine fluids market are focusing on acquiring smaller organizations to expand their business. The key players
in the global clear brine fluids market comprise Israel Chemicals Ltd., Albemarle Corporation, and TETRA
Technologies with a share of 42.1% in the market as of 2014.
Due to the existence of few large MNCs, the degree of competition in the global clear brine fluids market is
moderate. To maintain their position in the global clear brine fluids market, the leading market players are
focusing on the reduction of production costs of clear brine fluids to enable completion of offshore drilling
projects. However, the prevalence of entry barriers such as brand equity is likely to inhibit the entry of new
players in the global clear brine fluids market.
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Rising Oil and Gas Drilling Activities in Developed Nations to Drive Sales of Clear Brine Fluids
The Organization of Petroleum Exporting Countries (OPEC) plays a major role in fixing the global price of
crude oil. As a result of this, developed nations are determined on the creation of their own energy resources to
reduce dependence on OPEC. According to TMR analysts, “Developed nations including Canada, the U.K., the
U.S., and Australia are striving for energy security and are making huge capital investments in oil and gas
exploration.” This is resulting in a rise in drilling activities and consequently, a spike in the sales of clear brine
fluids.
Political Imbalance in the Middle East to Act against Growth of Global Clear Brine fluids Industry
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Clear Brine Fluids Market
The Middle East is a lucrative market for clear brine fluids due to the abundance of oil and gas reserves in the
region. As many countries in the Middle East are part of the OPEC, the rising political imbalance in the Middle
East is likely to decrease the exploration and drilling activities in the region resulting in an imbalance in the
global oil and gas market. This is likely to hinder the sales of clear brine fluids globally.
The increasing shale gas reserves in the Middle East have also resulted in a dip in the global crude oil prices
leading to a highly oversupplied market. As a result of this, drilling activities are likely to slow down, resulting in
a decrease in demand for clear brine fluids in the global market.
Exploration Activities
of
Unconventional
Resources
to Provide
Lucrative
Opportunities
to
Manufacturers of Clear Brine Fluids
With the depletion of crude oil and natural gas, the need for the development of alternative energy sources has
increased. Companies operating in the oil and gas market have shifted their focus towards the development of
unconventional resources such as coal bed methane, shale oil and gas, tight gas, and methane hydrates.
Manufacturers of clear brine fluid are likely to gain considerably due to this.
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The global clear brine fluids market is thus expected to expand at a CAGR of 6.2% from 2015 to 2023 in terms
of revenue. The market was valued at US$891.3 mn in 2015 and is projected to touch a valuation of
US$1,444.7 mn by the end of 2023. North America is anticipated to emerge as the largest region with a global
revenue share of 64.8% in 2023. Potassium chloride brine fluids products is expected to lead in the product
segment with a global share of 24.5% in 2023.
The review is based on the findings of a TMR report titled, “Clear Brine Fluids Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
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Clear Brine Fluids Market
Key Takeaways:
•
Increasing exploration activities for the development of unconventional resources to provide
manufacturers of clear brine fluids with growth opportunities.
•
By revenue, North America to emerge as the largest market for clear brine fluids with a share of 64.8%
in 2023.
•
Global clear brine fluids market to expand at a 6.2% CAGR from 2015 to 2023 owing to increase in
drilling activities in developed countries.
Clear Brine Fluids Market – Product Segment Analysis
•
Potassium chloride
•
Calcium chloride
•
Sodium chloride
•
Potassium bromide
•
Sodium bromide
•
Calcium bromide
•
Others (zinc bromide, aluminum chloride, etc.)
Clear Brine Fluids Market - Regional Analysis
North America
•
U.S.
•
Rest of North America
Europe
•
U.K.
•
Spain
•
France
•
Germany
•
Italy
•
Rest of Europe
Asia Pacific
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Clear Brine Fluids Market
•
China
•
Japan
•
ASEAN
•
Rest of Asia Pacific
Latin America
•
Brazil
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC countries
•
South Africa
•
Rest of MEA
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology
Chapter 2 Executive Summary
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Clear Brine Fluids Market
2.1 Global Clear Brine Fluids Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
2.2 Clear Brine Fluids: Market Snapshot
Chapter 3 Clear Brine Fluids Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Developed Nations Striving for Energy Security Driving the Clear Brine Fluids Market
3.4 Restraints
3.4.1 The Shale Gas Situation Coupled with the Political Imbalance in the Middle East
3.5 Opportunity
3.5.1 Focus on Exploring Unconventional Resources such as Shale Gas and Coal Bed Methane
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Clear Brine Fluids: Market Attractiveness Analysis
3.7.1 Attractiveness Analysis: By Product type
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Clear Brine Fluids Market
3.7.2 Attractiveness Analysis: By Country
3.8 Clear Brine Fluids Market: Company Market Share Analysis, 2014
Chapter 4 Price Trend Analysis
4.1 Clear Brine Fluids Price Trend, 2014–2023 (US$/Ton)
Chapter 5 Clear Brine Fluids Market – Product Segment Analysis
5.1 Global Clear Brine Fluids Market for Potassium Chloride, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.2 Global Clear Brine Fluids Market for Calcium Chloride, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.3 Global Clear Brine Fluids Market for Sodium Chloride, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.4 Global Clear Brine Fluids Market for Potassium Bromide, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.5 Global Clear Brine Fluids Market for Sodium Bromide, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.6 Global Clear Brine Fluids Market for Calcium Bromide, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.7 Global Clear Brine Fluids Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Global Clear Brine Fluids Market: Regional Analysis
6.1 Global Clear Brine Fluids Market: Regional Overview
6.2 North America Clear Brine Fluids Market, 2014 and 2023
6.2.1 North America Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.2.2 North America Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
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Clear Brine Fluids Market
6.2.3 U.S. Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.2.4 U.S. Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.2.5 Rest of North America Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023
(Kilo Tons)
6.2.6 Rest of North America Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023
(US$ Mn)
6.3 Europe Clear Brine Fluids Market, 2014 and 2023
6.3.1 Europe Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.3.2 Europe Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.3.3 Germany Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.3.4 Germany Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.3.5 UK Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.3.6 UK Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.3.7 Rest of Europe Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.3.8 Rest of Europe Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$
Mn)
6.4 Asia Pacific Clear Brine Fluids Market, 2014 and 2023
6.4.1 Asia Pacific Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.4.2 Asia Pacific Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.4.3 China Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.4.4 China Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
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Clear Brine Fluids Market
6.4.5 Japan Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.4.6 Japan Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.4.7 ASEAN Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.4.8 ASEAN Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.4.9 Rest of Asia Pacific Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo
Tons)
6.4.10 Rest of Asia Pacific Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023
(US$ Mn)
6.5 Latin America Clear Brine Fluids Market, 2014 and 2023
6.5.1 Latin America Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.5.2 Latin America Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.5.3 Brazil Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.5.4 Brazil Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.5.5 Rest of Latin America Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023
(Kilo Tons)
6.5.6 Rest of Latin America Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023
(US$ Mn)
6.6 Middle East & Africa Clear Brine Fluids Market, 2014 and 2023
6.6.1 Middle East & Africa Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo
Tons)
6.6.2 Middle East & Africa Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023
(US$ Mn)
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Clear Brine Fluids Market
6.6.3 GCC Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.6.4 GCC Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.6.5 South Africa Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 – 2023 (Kilo Tons)
6.6.6 South Africa Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 – 2023 (US$ Mn)
6.6.7 Rest of Middle East & Africa Clear Brine Fluids Market Volume, Product Segment Analysis, 2014 –
2023 (Kilo Tons)
6.6.8 Rest of Middle East & Africa Clear Brine Fluids Market Revenue, Product Segment Analysis, 2014 –
2023 (US$ Mn)
Chapter 7 Company Profiles
7.1 Albemarle Corporation
7.2 Egyptian Mud Engineering & Chemicals Company (EMEC)
7.3 Geo Drillings Fluids, Inc.
7.4 Great Lake Solutions
7.5 Israel Chemicals Ltd.
7.6 Zirax Ltd.
7.7 Solent Chemicals
7.8 TETRA Technologies, Inc
7.9 Cabot Corporation
7.10 Clements Fluids
7.11 Others
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Clear Brine Fluids Market
Chapter 8 Primary Research – Key Findings
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