Fluid Loss Additives Market to be worth $376 million by 2024 : Schlumberger and Halliburton are the Leading Players
The fluid loss additives market is projected to reach USD 376 million by 2024, at a CAGR of 3.6% from USD 315 million in 2019. Browse in-depth TOC on " Fluid Loss Additives Market " 85 – Tables 44 – Figures 111 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5732931 Synthetically modified natural additives are the largest segment of the fluid loss additives market. Synthetically modified natural additives are estimated to lead the fluid loss additives market, in terms of value, in 2019. PAC and CMC are the two major types of synthetically modified natural additives commercially used. These additives are natural polymers which are modified using chemical reactions mainly to increase their performance under extreme conditions. The dominance of synthetically modified natural additives is primarily due to its high performance and low cost. Drilling fluid is estimated to be the largest application segment of the flu