The global Oilfield Process Chemicals market is segregated on the basis of Type as Corrosion & Scale Inhibitors, Demulsifiers, Surfactants, Polymers, Gellants & Viscosifier, and Other Chemicals. Based on Application the global Oilfield Process Chemicals market is segmented in Drilling Fluids, Cementing, Enhanced Oil Recovery, Production Chemicals, Well Stimulation, and Workover & Completion.
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The global Oilfield Process Chemicals market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Oilfield Process Chemicals market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Oilfield chemicals are chemical elements that are applied in oil & gas extraction operations. These are utilized in well drilling and production facilities to boost the extraction operations by rising productivity of the oil drilling method processing and to attain optimum performance with effective oil recovery. These chemicals facilitate the maintenance of sleek in operation oilfield, that lead to reduction of expenses over delays and stoppages throughout drilling processes. These chemicals impede the formation of the metal scales and reduce the water amount into the oiler throughout exploration & drilling, which results in rising demand and applications of oilfield chemicals.
The global Oilfield Process Chemicals market is expected to exceed more than US$ 12.7 Billion by 2024 at a CAGR of 5% in the given forecast period.
The market is driven by the increase in oil exploration & production activities, that successively will increase the requirement for oilfield chemicals, demand for advanced drilling fluids, growth in deep-water & ultra-deep-water drilling projects, and speedy enlargement of oil & gas drilling & production. Moreover, the continuing activities to fulfill the worldwide energy demand brought a lot of crude oil crude wells to production state globally, that will increase the demand for field chemicals. However, crude value fluctuations and increase in environmental issues are expected to hamper the market growth within the close to future. The emergence of eco-friendly field chemicals is predicted to produce a substantial growth chance within the near future.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Oilfield Process Chemicals market share. Major industry players with significant revenue share include Baker Hughes, Schlumberger Ltd., Halliburton, Solvay S.A., Ecolab Inc., Newpark Resources Inc., Basf SE, Lubrizol Corporation, Akzonobel Nv, Albemarle Corp, and others.
Baker Hughes, Schlumberger Ltd., Halliburton, Solvay S.A., Ecolab Inc., Newpark Resources Inc., Basf SE, Lubrizol Corporation, Akzonobel NV, Albemarle Corp, and others are among the major players in the global Oilfield Process Chemicals market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Oilfield Process Chemicals Market has been segmented as below:
The Oilfield Process Chemicals Market is segmented on the lines of Oilfield Process Chemicals Market, By Type, Oilfield Process Chemicals Market, By Application, Oilfield Process Chemicals Market, By Region and Oilfield Process Chemicals Market, By Company.
Oilfield Process Chemicals Market, By Type this market is segmented on the basis of Corrosion & Scale Inhibitors, Demulsifiers, Surfactants, Polymers, Gellants & Viscosifier and Other Chemicals. Oilfield Process Chemicals Market, By Application this market is segmented on the basis of Drilling Fluids, Cementing, Enhanced Oil Recovery, Production Chemicals, Well Stimulation and Workover & Completion. Oilfield Process Chemicals Market, By Region this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World. Oilfield Process Chemicals Market, By Company this market is segmented on the basis of Baker Hughes, Schlumberger Ltd., Halliburton, Solvay S.A., Ecolab Inc., Newpark Resources Inc., Basf SE, Lubrizol Corporation, Akzonobel Nv and Albemarle Corp.
The report covers:
- Global Oilfield Process Chemicals market sizes from 2015 to 2024, along with CAGR for 2018-2024
- Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
- Global Oilfield Process Chemicals market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Oilfield Process Chemicals market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
The global Oilfield Process Chemicals market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
Reasons to Buy this Report:
- Gain detailed insights on the Oilfield Process Chemicals industry trends
- Find complete analysis on the market status
- Identify the Oilfield Process Chemicals market opportunities and growth segments
- Analyze competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
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Table of Contents:
- Research Methodology
- Executive Summary
- Market Overview
4.2 Porter’s Five Force Analysis
5. Oilfield Process Chemicals Market, By Type
- Oilfield Process Chemicals Market, By Application
- Oilfield Process Chemicals Market, By Geography
- Competitive Insights
- Company Profiles
9.1 Baker Hughes
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Schlumberger Ltd.
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Solvay S.A.
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Ecolab Inc.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Newpark Resources Inc.
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Basf SE
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Lubrizol Corporation
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Akzonobel Nv
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Albemarle Corp
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
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