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Published Date: 2016-01-22Number of Pages: 126

Clear Brine Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Stark decline in international prices of crude oil in the previous year, majorly triggered by supply glut and reduced global consumption, has also had a major impact on the overall dynamics of the global clear brine fluids market. The situation has intensified the price pressures in the already highly competitive market. The market has suffered from the stark decline in the announcement of new oil and gas exploration projects in the previous year; some ongoing projects have also been stalled by key oil and gas companies as cots-cutting measures in the past few years.

However, the increased focus on developing in-house energy resources to reduce dependence on major oil and gas producing nations, especially of developed regions such as North America, Europe, and Australia, is expected to boost exploration of unconventional energy resources in the next few years. This will provide a significant boost to the global clear brine fluids market in the next few years.

Transparency Market Research states that the market had an opportunity of US$842.9 mn in 2014. Rising at a healthy CAGR of 6.2% from 2015 to 2023, the market is expected to rise from to US$1,444.7 mn by 2023.

Chloride Brines to Witness Spiraling Sales

Chloride brines are presently leading the global clear brine fluids market. In 2014, potassium chloride, calcium chloride, and sodium chloride brines accounted for a collective share of nearly 61% in the global clear brine fluids market. The vast applications of chloride-based brine fluids across several operational areas of the oil and gas industry. Also, sodium chloride-based brines are also one of the cheapest brine fluids sold in the industry, hence commanding a prominent position across numerous applications.

Spike in Offshore Drilling Activities to Encourage Consumption of Bromide Brines

Bromide-based brine fluids presently account for a considerably lower share in the global clear brine fluids market. Popular product varieties, including potassium bromide, calcium bromide, and sodium bromide collective accounted for a mere 18% in the overall market in 2014. However, with depleting stores of conventional production sites and offshore drilling activities gaining momentum, the demand for bromine-based brine fluids is also expected to witness substantial growth in the next few years. The market for sodium bromide, for instance, is expected to rise from a valuation of 19.0 kilo tons in 2014 to 47.5 kilo tons by 2023 across the global market.

 

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Growing Stress on Development of Unconventional Energy Resources to Create Immense Growth Opportunities

That the global consumption of oil and gas is presently substantially lower than the global supply is a known fact. However, this in no way implies that demand for oil and gas is reducing on a global front. It is, in fact, rising at an unprecedented pace and outstripping the available stocks of conventional oil and gas reserves across the world. This has triggered the development of unconventional resources such as coal bed methane, tight gas, shale gas, and gas/methane hydrates and will provide a major boost to the global clear brine fluids market.

North America to Remain Most Promising Regional Market

The presence of a large number of some of the largest oil and gas companies and the unprecedented rate at which unconventional energy resources are being explored are some of the factors that make North America one of the central destinations for clear brine fluid companies. North America accounted for a nearly 65% share in the global clear brine fluids market in 2014 and is expected to command a dominating position over the forecasting horizon as well.

However, Asia Pacific is fast emerging as a key regional market for clear brine fluids and is expected to witness development on a promising scale in the years to come. Rising focus on the development of shale gas reserves in China and an upward trend in the number of offshore drilling activities will stimulate the growth of the clear brine fluids market in Asia Pacific through 2023. 


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
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
     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)
     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)
     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)
     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

Chapter 8 Primary Research – Key Findings

Clear brine fluids are industrial fluids used in various operations, such as completion, work-over, and drilling, in the oil & gas industry. These fluids are specifically manufactured to control formation pressure as well as reduce damage in the reservoir. Clear brine fluids are segmented into potassium chloride, calcium chloride, sodium chloride, calcium bromide, potassium bromide, sodium bromide, and others (including zinc bromide and ammonium chloride).

The report comprises in-depth analysis and forecast of the clear brine fluids market on a global as well as regional level. The report includes forecast for the period from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global clear brine fluids market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various product segments based on demand for clear brine fluids in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

Detailed analysis of various factors driving the global clear brine fluids market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the clear brine fluids market during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the clear brine fluids industry, from raw material suppliers to end-users. Various processes employed in the manufacture of clear brine fluids have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis includes the market share of dominant players in 2014, based on their production capacities. Furthermore, market attractiveness analysis has been conducted to analyze product segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each product segment.

Based on product type, the clear brine fluids market has been segmented into potassium chloride, calcium chloride, sodium chloride, calcium bromide, potassium bromide, sodium bromide and others (including zinc bromide and ammonium chloride). The report comprises detailed analysis of all the segments in the regional and global markets and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for clear brine fluids in each of its application segment has been analyzed and forecast for a period of eight years.

The report also comprises profiles of leading companies in the clear brine fluids market. These include Israel Chemicals Ltd., Albemarle Corporation, TETRA Technologies, Inc., and Great Lake Solutions. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section. 

This report segments the global clear brine fluids market as follows:

  • 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
      • 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