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The report on the Global Oilfield Chemicals Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Oilfield chemicals are chemicals which are employed in exploration and processing of gas and oil field at various stages. Oilfield chemicals are imperative for oil and gas industry to meet the stringent timelines and overcome many environmental issues. Organic chemicals and solvents, inorganic salts, transition metal compounds, water-soluble and oil-soluble polymers, and surfactants are the common oilfield chemicals used by the industry. These chemicals control the bacterial growth, corrosion, and foam & wax formation in oils and gases.
Drilling technology is leading the market to grow rapidly over the forecast period. Oilfield chemicals products such as specialty chemicals and commodity chemicals will drive the market growth. Enhanced oil recovery (EOR) products and drilling fluid additives are the major applications in the oilfield chemicals market.
Global oilfield chemicals market is expected to grow owing to new wells discovery in countries like China, Poland, etc.; growth in drilling activities and stimulated production rates. Currently, North America dominates the oilfield chemicals industry. Asia Pacific will anticipate as a potential market owing to strong growth in drilling and cementing operations. In next few years, MEA is expected to be the greatest market as this region is exploring new oil wells and empowering in transformation of old oil wells.
The leading companies in this industry are:
SEGMENTATIONS IN REPORT:
Oilfield Chemicals By Technology:
The Global Oilfield Chemicals Market has been exhibited in detail in the following some chapters -
Chapter 1 Oilfield Chemicals Market Preface
Chapter 2 Executive Summary
Chapter 3 Oilfield Chemicals Industry Analysis
Chapter 4 Oilfield Chemicals Market Value Chain Analysis
Chapter 5 Oilfield Chemicals Market Analysis By Technology
Chapter 6 Oilfield Chemicals Market Analysis By Products
Chapter 7 Oilfield Chemicals Market Analysis By Applications
Chapter 8 Oilfield Chemicals Market Analysis By Geography
Chapter 9 Competitive Landscape Of Oilfield Chemicals Companies
Chapter 10 Company Profiles Of Oilfield Chemicals Industry
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