Clear Brine Fluids Market Size & Share, by Product Type (Calcium Chloride, Sodium Chloride, Zinc Calcium Bromides, Cesium Formate, Potassium Chloride); Application (Oil & Gas Exploration, Enhanced Oil Recovery) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5305
  • Published Date: Oct 11, 2023
  • Report Format: PDF, PPT

Companies Dominating the Clear Brine Fluids Market

    • Halliburton Energy Services, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Schlumberger Limited
    • Baker Hughes Company
    • Newpark Resources Inc.
    • CES Energy Solutions Corporation
    • Weatherford International plc
    • Solvay
    • Zirax
    • Geo Drilling Fluids, Inc.  
    • ChampionX

Browse Key Market Insights with Data Illustration:


In The News

  • In order to integrate a critical sustainable technology into the manufacturing process for lithium compounds suitable for use in batteries, Schlumberger Limited has established a partnership with the international water solutions supplier Gradiant. Gradiant technology is utilised as part of Schlumberger's NeoLith Energy direct lithium extraction (DLE) and production flowsheet to concentrate the lithium solution and provide fresh water, which is a crucial component of long-term lithium production from brine.
  • The Industrialization and Energy Services Company, based in Dhahran, Saudi Arabia, and Newpark Resources Inc. have signed a preliminary Memorandum of Understanding that is not legally enforceable. By signing this MOU, the two companies agree to form a joint venture that will supply drilling and reservoir (completion) fluids, industrial minerals, and related services in the Kingdom of Saudi Arabia as well as other high-performance related products and services. There is also the possibility of future expansion into other strategic regions.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5305
  • Published Date: Oct 11, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors for the growth of the market are rising development of on-shore wells, surge in depletion of natural gas, and rise in demand for food & beverages.

The market size of clear brine fluids is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2024-2036.

The major players in the market are Halliburton Energy Services, Inc., Schlumberger Limited, Baker Hughes Company, Newpark Resources Inc., and others.

The oil & gas exploration segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Middle East & Africa region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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