North America Fluid Loss Additives Market Report

North America Fluid Loss Additives Market Report, By Types (Synthetically Modified Natural Additives, Synthetic Additives, Natural Additive), Applications (Drilling Fluids, Cement slurry), North America Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 10911 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : North America


Fluid loss control additives are primarily used to maintain a constant fluid volume. They are also called as filtrate reducing agents and are employed for maintaining a constant water/solid ratio in cement slurries downhole by controlling the rate of water loss to adjacent permeable zones through suitable viscofication. Fluid loss control additives are available in various special grades, including LGT, MGT and HGT. These additives have low solubility in hydrocarbons and minimum plastic flow in all grades, they also impart excellent filtrate control in oil based drilling fluid systems. The additive aids the operators to maintain the essential characteristics of the cement slurries, plus the thickening time, viscosity, compressive strength development and density.

Market Outlook: North America Fluid Loss Additives Market

North America holds the prominent position in the market. The increasing drilling activities in the region and increasing shale gas exploration activities is driving the market. Moreover, the increasing crude oil production is adding fuel to the market. Also, the united states is the largest producer of natural gas. The heavy investments made for unconventional drilling technologies is contributing to the market growth. However, the impact on environment and research on alternatives for crude oil may hamper the market growth.

COVID 19 Impact On North America Fluid Loss Additives Market

The outbreak of COVID 19 impacted many market including fluid loss additive market. The rising COVID cases in the region, especially in U.S. forced the government to impose lockdown. This halted the drilling activities which decreased the demand for fluid loss additives. Also, the various stringent rules imposed led to the break in supply chain and also reduced the production due to temporary closure of the industries.  Moreover, the overall economic loss also had a significant impact on the market.


North America Fluid Loss Additives Market Segmental Analysis

In North America, the fluid loss additives market is segmented based upon the types and applications.

North America Fluid Loss Additives Market Based On Types

In North America, based on types the market is segmented into synthetically modified natural additives, synthetic additives and natural additives. Among these, the synthetically modified natural additives segment holds the largest share in the market and is anticipated to register highest growth over the forecast period. the chemical changes and formulations led its high performance at extreme conditions including high temperatures and pressure. This is the major factor for the segment growth.

North America Fluid Loss Additives Market Based On Applications

In North America, based on applications, the market is segmented into drilling fluids and cement slurry. Among these, the drilling fluid segment holds the largest market share. The increasing drilling activities in the region and rising demand for shale gas and crude oil production is the major driver for the market growth.

North America Fluid Loss Additives Market Based On Countries

In North America, the various countries studied are United States, Canada and Mexico. United States holds the largest market in the region followed by Canada. The USA is the largest manufacturer of the crude oil. Also, the heavy investment done for advanced technologies is flourishing the market.

North America Fluid Loss Additives Market Key Players

The various key players in the region are Schlumberger Limited, BASF SE, Halliburton, Newpark Resources Inc., Clariant, Solvay, Nouryon, Global Drilling Fluids and Chemicals Limited, Tytan Organics Pvt. Ltd, Kemira OYJ, The Dow Chemical Company, Omnova Solutions, Aubin Group, Chevron Phillips Chemical Company, Innospec, Ashland, Universal Drilling Fluids, Sekisui Specialty Chemicals America.

Fluid loss control additives are primarily used to maintain a constant fluid volume. They are also called as filtrate reducing agents and are employed for maintaining a constant water/solid ratio in cement slurries downhole by controlling the rate of water loss to adjacent permeable zones through suitable viscofication. Fluid loss control additives are available in various special grades, including LGT, MGT and HGT. These additives have low solubility in hydrocarbons and minimum plastic flow in all grades, they also impart excellent filtrate control in oil based drilling fluid systems. North America holds the prominent position in the market. The increasing drilling activities in the region and increasing shale gas exploration activities is driving the market. Moreover, the increasing crude oil production is adding fuel to the market. Also, the united states is the largest producer of natural gas.

In North America, based on types the market is segmented into synthetically modified natural additives, synthetic additives and natural additives. Among these, the synthetically modified natural additives segment holds the largest share in the market and is anticipated to register highest growth over the forecast period. Based on applications, the market is segmented into drilling fluids and cement slurry. Among these, the drilling fluid segment holds the largest market share. In North America, the various countries studied are United States, Canada and Mexico. United States holds the largest market in the region followed by Canada.

The various key players in the region are Schlumberger Limited, BASF SE, Halliburton, Newpark Resources Inc., Clariant, Solvay, Nouryon, Global Drilling Fluids and Chemicals Limited, Tytan Organics Pvt. Ltd, Kemira OYJ, The Dow Chemical Company, Omnova Solutions, Aubin Group.

Why to buy this report:

  • The report offers changing market dynamics in the North America fluid loss additives market industry, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of the North America fluid loss additives market
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments and a neutral perspective of the North America fluid loss additives market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of North America fluid loss additives market