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Description
Fluid Loss Additivess Market size was valued at USD 421 billion in 2021, growing at a CAGR of 4.2% from 2022-28.Some of the key factors favoring the market growth include increase in shale gas exploration, growing demand for end-products, rising investments in the oil & gas projects and increasing focus on deep and ultra-deepwater drilling. However, environmental impact of fluid loss additives is the major factor restricting the market growth. Further, introduction of environmental and user friendly fluid loss control additives in water-based muds for oil & gas drilling operations is one of the key trends in the market. Global Fluid Loss Additivess Market is surging owing to frequent acquisitions and launchings by the market players. For instance, in 2017, the company invested USD 800 million in research and engineering for oilfield chemicals activities. This report gives comprehensive outlook on fluid loss additives across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of type, application and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global fluid loss additives market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global fluid loss additives market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global fluid loss additives products.
