Global Fluid Loss Additive Markets Report 2020-2025: Increase in Shale Gas Exploration & Increasing Investments in the Latest and Unconventional Drilling Technologies
The major factors driving the market studied are the increase in the production and exploration of shale gas and increasing investments in the latest and unconventional drilling technologies.
- The major factors driving the market studied are the increase in the production and exploration of shale gas and increasing investments in the latest and unconventional drilling technologies.
- The drilling fluid application is expected to dominate the global fluid loss additive market over the forecast period.
- The rising global demand for energy is a major factor contributing to the increasing shale oil and shale gas production.
- Additionally, the increasing shale gas exploration in the United States is increasing drilling fluid applications, hence, driving the fluid loss additives market.