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 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.
Market Insights
The global Oilfield Process Chemicals market is expected to be around US$ 14.60 Billion by 2027 at a CAGR of 5% in the given forecast period.
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.
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.
Competitive Rivalry
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:
Oilfield Process Chemicals Market, By Type
Oilfield Process Chemicals Market, By Application
Oilfield Process Chemicals Market, By Region
Oilfield Process Chemicals Market, By Company
The report covers:
Report Scope:
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.
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.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Oilfield Process Chemicals Market, By Type
5.1 Introduction
5.2 Corrosion & Scale Inhibitors
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Demulsifiers
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Surfactants
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Polymers
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Gellants & Viscosifier
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Other Chemicals
5.7.1 Market Overview
5.7.2 Market Size and Forecast
6. Oilfield Process Chemicals Market, By Application
6.1 Introduction
6.2 Drilling Fluids
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Cementing
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Enhanced Oil Recovery
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Production Chemicals
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Well Stimulation
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Workover & Completion
6.7.1 Market Overview
6.7.2 Market Size and Forecast
7. Oilfield Process Chemicals Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Oilfield Process Chemicals, By Type
7.2.2 North America Oilfield Process Chemicals, By Application
7.3 Europe
7.3.1 Europe Oilfield Process Chemicals, By Type
7.3.2 Europe Oilfield Process Chemicals, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Oilfield Process Chemicals, By Type
7.4.2 Asia-Pacific Oilfield Process Chemicals, By Application
7.5 Rest of the World
7.5.1 Rest of the World Oilfield Process Chemicals, By Type
7.5.2 Rest of the World Oilfield Process Chemicals, By Application
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. 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 Halliburton
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
The Oilfield Process Chemicals Market has been segmented as below:
Oilfield Process Chemicals Market, By Type
Oilfield Process Chemicals Market, By Application
Oilfield Process Chemicals Market, By Region
Oilfield Process Chemicals Market, By Company
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