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.
Akzonobel NV, AMCOL International, Ashland Incorporated, Baker Hughes, BASF SE, Capitol Aggregates, Chemtura Corporation, Clariant International, Chevron Philips, Croda International, Champion Technologies, Dow Chemicals, DuPont, Emery Oleochemicals, Halliburton, Nalco Holding, Praxair Incorporated, Rhodia SA, Schlumberger Limited, Stepan Company, Smith International and others are the leading companies in this industry.
Decision Databases is involved in providing research reports and company profiles in the global oilfield chemicals market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The oilfield chemicals market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our oilfield chemicals profiles.
SEGMENTATIONS IN REPORT:
Oilfield Chemicals By Technology:
Oilfield Chemical: A chemical that is employed in oil production and drilling activity.
Other Related Terms and Report:
Shale gas: Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world.
1. INTRODUCTION OF OILFIELD CHEMICALS
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF OILFIELD CHEMICALS
4. OILFIELD CHEMICALS MARKET ANALYSIS BY TECHNOLOGY
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