Hydraulic fracturing fluid is typically comprised of approximately 98 to 99.5 percent water and sand and 0.5 to 2 percent chemical additives.The market is restrained by the environmental impact caused by fracturing fluid, such as water, and few companies have invested in their R&D to develop environment friendly fracturing fluid.Global Hydraulic Fracturing Fluids market size will increase...

The Global Hydraulic Fracturing Market to Grow Amid COVID-19 Pandemic According to Market Research Future (MRFR), the global hydraulic fracturing market is estimated to expand at a 14% CAGR from 2018 to 2023 (forecast period). The study addresses and examines the effect of the outbreak of COVID-19 on the global hydraulic fracturing market, including potential opportunities and challenges,...

Market Scenario The energy industry has observed the transition from conventional crude oil and natural gas to shale oil & gas and gas hydrates. With the increasing demand for fuels from growing nations, large-scale shale oil production has been started globally. Most of the shale rocks are semi-permeable, and thus, oil produced is called tight oil. To extract oil from these rocks,...