Global Fracking Chemicals Market Outlook, 2020-2028: Impact of COVID-19 on Market Revenue - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Fracking Chemicals Market Size Forecast to 2028- Trends, Analysis and Outlook by Type, Application, and Geography" report has been added to ResearchAndMarkets.com's offering.

Key insights from the Global Fracking Chemicals Market

• The Global Fracking Chemicals market is valued at $30 billion in 2020.
• Water based fracking chemicals and fluids are the largest form of the Fracking Chemicals market.
• Gellant is the dominant type during 2020.
• North America is the largest market for Fracking Chemicals.

The $30 billion Fracking Chemicals industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Fracking Chemicals market from 2020 to 2028. The research report presents detailed Fracking Chemicals market analysis, and forecasts to 2028. Detailed insights into global and regional Fracking Chemicals market statistics, Fracking Chemicals companies and growth prospects across verticals are included.

Fracking Chemicals Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Fracking Chemicals industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, Porter's five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Fracking Chemicals market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Fracking Chemicals manufacturers and vendors. However, we expect the negative impact of COVID-19 on Fracking Chemicals to be compensated over the medium to long term future.

Fracking Chemicals Market Size and Outlook by type to 2028
This chapter presents an insight into different Fracking Chemicals types and their contribution to global market growth. The growth in global Fracking Chemicals market size is forecast to continue despite the economic challenges. The report forecasts the Fracking Chemicals market revenue across different types, which include- Water based, Foam based, Gelled Oil based, others. Of these, Water based fracking chemicals and fluids dominate the global Fracking Chemicals market.

Fracking Chemicals Market Share and Outlook by End-User Industry to 2028
The research suggests that there is a strong case for the development of new applications of Fracking Chemicals worldwide. Different application segments analyzed in the report are Gellant, Acid, Corrosion inhibitor, Friction reducer, others. The study identifies that Gellant application has the most substantial value-creation potential.

Global Fracking Chemicals Company Profiles
The report presents business profiles of major companies operating in the industry including AkzoNobel N.V., Ashland Inc, Baker Hughes Inc, Halliburton Company, Schlumberger Ltd, The DOW Chemical Company.

The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Scope of the Research

• Global and regional Fracking Chemicals Market Size estimates in revenue terms from 2019 to 2028.
• Segmentation analysis across types, applications, and geographies.
• Strategic analysis through trends, drivers, challenges, opportunities, Porter's five forces analysis.
• Market Developments including M&A, new product development, and competitive analysis.
• Potential strategies of leading companies

For more information about this report visit https://www.researchandmarkets.com/r/vjo8qk.