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Showing posts with the label Clear Brine Fluids Market Trend

Clear Brine Fluids Industry Worldwide Survey and 2020 Future Outlook

In 2013, The Global Clear Brine Fluids Market was worth USD 926.7 million. As of May 2013, the count for global rig was noted to be around 3,400. This increase in drilling activities has driven the demand for global rig count which has also contributed to fuel the growth of clear brine fluids market across the globe. The Global Clear Brine Fluids Market to grow at a CAGR of 11.9% from 2014 to 2020, according to a new report by Grand View Research, Inc. Move towards the growth of alternative energy resources such as CBM, tight gas, and shale gas mainly in China and the U.S. is anticipated to drive the growth of the global market. The Golden Triangle denotes oil & gas reserves of deep water wrapping offshore Brazil, offshore West Africa and the U.S. Gulf of Mexico (USGOM). Moreover, increased investment for deep water investigation mainly in the region is also projected to increase the demand for global clear brine fluids market. Egypt, Gulf of Mexico, the U.S., China, and R...