Global Oilfield Chemicals Market was valued at USD 28.11 billion in 2019 which is expected to reach USD 35.88 billion by 2030 at a CAGR 5.2%.
Oilfield chemicals are the specialty chemicals which are used in oil & gas industry to enhance the oil extraction process. These chemicals are utilized for corrosion protection, drilling optimization, improving oil recovery, preventing mud loss, stabilizing the drilling fluid at different temperature and pressure as well as to achieve optimum performance. Oilfield chemicals play essential role in various stages of oilfields such as upstream, midstream, and downstream.
Increase in oil & gas exploration activities across the global is the key driving factor which is expected to boost the global oilfield chemicals market growth. Furthermore, increase in demand for oilfield chemicals will have the positive impact on growth of global oilfield chemicals market growth. Enhancing productivity and optimizing costs are the benefits of oilfield chemicals will increases the demand for oilfield chemicals during this forecast period. Moreover, increase in product launches activities will fuel the growth of oilfield chemicals market. For instance, in April 2020, Sasol had launched cost effective product series TERRAVIS PI for oil and gas market across the world. TERRAVIS PI is used to improve the flowability of crude oil, reducing solvent, utility, insulation and mechanical removal costs.
However, stringent rules and regulations is the restraining factor which is expected to hamper the global oilfield chemicals market growth.
Global Oilfield Chemicals Market is segmented into chemical type such as Surfactant, Polymer, Demulsifier, Corrosion & Scale Inhibitor, Biocide, and Others. Further market is segmented into application such as Workover & Completion, Well Stimulation, Drilling & Cementing, Production, and Enhanced Oil Recovery.
Also, Global Oilfield Chemicals industry is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Champion Technologies, Stepan Company, REDA Oilfield, Imperial Oilfield Chemicals Pvt. Ltd., Universal Oil Field Chemicals Pvt. Ltd., Chemcon Specialty Chemicals Pvt. Ltd. Clariant AG, Kemira Oyj, and Huntsman Corporation
By Chemical Type
Surfactant Polymer Demulsifier Corrosion & Scale Inhibitor Biocide Others
By Application
Workover & Completion Well Stimulation Drilling & Cementing Production Enhanced Oil Recovery
By Region
North America
Latin America
Europe Asia
Pacific Middle
East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Oilfield Chemicals Market?
What will be the growth rate from 2019 to 2030?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Oilfield Chemicals Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Oilfield Chemicals Market, By Chemical Type
5.1 Y-o-Y Growth Comparison, By Chemical Type
5.2 Global Oilfield Chemicals Market Share Analysis, By Chemical Type
5.3 Global Oilfield Chemicals Market Size and Forecast, By Chemical Type
5.3.1 Surfactant
5.3.2 Polymer
5.3.3Demulsifier
5.3.4Corrosion & Scale Inhibitor
5.3.5Biocide
5.3.6Others
6 Global Oilfield Chemicals Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Oilfield Chemicals Market Share Analysis, By Application
6.3 Global Oilfield Chemicals Market Size and Forecast, By Application
6.3.1 Workover & Completion
6.3.2 Well Stimulation
6.3.3 Drilling & Cementing
6.3.4 Production
6.3.5 Enhanced Oil Recovery
7Global Oilfield Chemicals Market, By Region
7.1 Global Oilfield Chemicals Market Share Analysis, By Region
7.2 Global Oilfield Chemicals Market Share Analysis, By Region
7.3 Global Oilfield Chemicals Market Size and Forecast, By Region
8North America Oilfield Chemicals Market Analysis and Forecast (2017 – 2030)
8.1 Introduction
8.2 North America Oilfield Chemicals Market Share Analysis, By Chemical Type
8.3 North America Oilfield Chemicals Market Size and Forecast, By Application
8.4 North America Oilfield Chemicals Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9Europe Oilfield Chemicals Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 Europe Oilfield Chemicals Market Share Analysis, By Chemical Type
9.3 Europe Oilfield Chemicals Market Size and Forecast, By Application
9.4 Europe Oilfield Chemicals Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Oilfield Chemicals Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Asia Pacific Oilfield Chemicals Market Share Analysis, By Chemical Type
10.3 Asia Pacific Oilfield Chemicals Market Size and Forecast, By Application
10.4 Asia Pacific Oilfield Chemicals Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Oilfield Chemicals Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Latin America Oilfield Chemicals Market Share Analysis, By Chemical Type
11.3 Latin America Oilfield Chemicals Market Size and Forecast, By Application
11.4 Latin America Oilfield Chemicals Market Size and Forecast, By Country
12Middle East Oilfield Chemicals Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Middle East Oilfield Chemicals Market Share Analysis, By Chemical Type
12.3 Middle East Oilfield Chemicals Market Size and Forecast, By Application
12.4 Middle East Oilfield Chemicals Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 Champion Technologies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 REDA Oilfield
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Imperial Oilfield Chemicals Pvt. Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Universal Oil Field Chemicals Pvt. Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Chemcon Specialty Chemicals Pvt. Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Clariant AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Kemira Oyj
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Huntsman Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
