Fluid Loss Additivess Market Size, Share Global Analysis To 2028

Muthyala13 Feb, 2023Business

The global fluid loss additivess market size was valued at USD 421 billion in 2021 and is poised to grow at a significant CAGR of 4.2% during the forecast period 2022-28. Drilling operations are becoming deeper, more chemically harsh, hotter, and more costly. As a result, operators in such tough mud systems require effective and proven technologies. The loss of liquid to the reservoir formation poses a serious threat to permeability. Fluid loss control compounds are used to help overcome these issues. Fluid loss control additives are typically utilised to maintain a steady fluid volume within a cement