Global oilfield specialty chemical market by chemical type. Global oilfield chemicals emulsifiers market research. The crude oil production in north america has been registering an upward trend since 2011. On the basis of type, the global market is divided into friction reducers, gelling agents, corrosion and scale inhibitors, surfactants, acids and others. Apr 06, 2020 oilfield chemicals markets in china china s demand for oilfield chemicals has grown at a fast pace in the past decade. Outlook for chemical production 2020 excluding pharmaceuticals. The report provides a basic overview of the industry including definitions. Oilfield chemicals market report includes, what are market estimates and forecasts. Nearly all types of chemicals will post healthy advances, but the best opportunities will be in drilling fluids and stimulation chemicals. Overview of specialty oilfield chemicals market challenges. Data were collected from the chinese government publications, chinese language newspapers and magazines, industry associations, local governments industry bureaus, industry publications, and inhouse.
Production, means the output of oilfield chemicals emulsifiers revenue, means the sales value of oilfield chemicals emulsifiers this report studies oilfield chemicals emulsifiers in global market, especially in north america, europe, china, japan, southeast asia and india, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufactur. Global markets chm039c july 2014 andrew mcwilliams project analyst isbn. Market focus on specific topics bring growth to your business by further understanding specific chemicals provided by your company and their targeted. The global oilfield chemicals market size was valued at usd 19. Geographically, this report is segmented into several key regions, with production, consumption. Global oilfield chemicals market to 2025 shift in trend. Global chemicals outlook sustainable development the united. Analysis on oilfield chemicals market report upto 2021.
The market is driven by several factors, such as increasing demand for oilfield chemicals due to increasing crude oil production, and shifting focus toward the development of ecofriendly chemicals. Jul 31, 20 the global specialty oilfield chemicals market is declining in growth but however it stands stimulated with increase in natural gas and oil production, particularly in asiapacific, latin america. Global oilfield chemicals market 2017 industry research report. North america holds the largest market share in the global oilfield stimulation chemicals market owing to the major demand generated by countries such as the u. Specialty oilfield chemicals market global industry.
Summary the global oilfield process chemicals market will reach xxx million usd in 2019 with cagr xx% 20192025. For improving and restoring the productivity of oil wells, stimulation process is carried out. The oilfield chemicals market is expected to register a cagr of over 4% during the forecast period. Specialty oilfield chemicals market by market research. United states oilfield process chemicals industry 2015. Oilfield chemicals market size global industry report by 2025. Oilfield chemicals market research report covering industry trends, market share, market growth analysis and projection by. Specialty oilfield chemicals market by type, application. Oilfield chemicals market growth, trends, and forecast. Oilfield chemicals market is segmented in terms of types, application, and geography.
Oilfield chemicals market size, share, growth, trends. Far outpacing other economies in the world, china is the worlds fastest growing market for the consumptions of goods and services. United states oilfield process chemicals industry 2015 market. Market overview, oilfield chemicals market is expected to register a cagr of 4. The report titled, global oilfield specialty chemical market by chemical type corrosion inhibitors, demulsifiers, viscosifiers, friction reducers, rheology modifiers, biocides, dispersants, by end user type drilling fluid, well stimulation, production chemicals, cementing, eor. The oilfield chemicals market is expected to grow at a cagr of nearly 4% over 20192029. Oilfield chemicals chemical production and investment. Specialty oilfield chemicals market size global industry. The pharmaceutical industry remains a key end use market for chemical.
The primary and secondary research is done in china in order to access uptodate government regulations, market information and industry data. The specialty oilfield chemicals market is projected to grow from usd 11. In this report, the global oilfield chemicals market is valued at usd xx million in 2016 and is expected to reach usd xx million by the end of 2022, growing at a cagr of xx% between 2016 and 2022. The global oil field chemicals market is expected to reach usd 28.
The opening of new horizons, due to deepwater drilling operations, is likely to act as key major opportunities for the oilfield chemicals market. In the next five years, both production and demand will continue to grow. Increasing crude oil production coupled with growing demand from enhanced oil recovery application is anticipated to augment market growth significantly over the next. The market for oilfield chemicals is gaining strength as oil recovery from existing fields faces challenges of peak oil and enhanced chemical recovery is required to achieve maximum output. Market shares from nafta, europe and japan are progressively moving. Global oilfield chemicals emulsifiers market research report 2017. During the study span, asia pacific region is expected to dominate the global market in terms of rise in demand and highest growth rate across all the regions of the marketplace. Oilfield chemicals are chemicals which are employed in exploration and. Oilfield process chemicals market study with market size, share, valuation, segmentwise analysis, competitive landscape analysis, regulatory framework analysis and impact of covid19 outbreak on oilfield process chemicals industry. Demand to specialty oilfield chemicals are utilized as a part of the oilfield operations mostly to enhance well execution and in the long run the recuperation from stores. And, even though this event was dramatic, the global market has also seen. Oilfield chemicals market size industry forecast report. As background for these chemicals, a general presentation is given in section 3 of this report of various operations in the oil fields for the exploration and production of oil, and the chemicals used therein. Industry market research for business leaders, strategists, decision makers 767 beta drive cleveland, oh 441432326 usa toll free us tel.
Asia pacific to observe highest growth rate up to 2026. Dec 28, 2015 the united states oilfield process chemicals industry 2015 market research report is a professional and indepth study on the current state of the oilfield process chemicals industry. Growing product demand in various petroleum operations such as drilling, well stimulation, production, cementing, enhanced oil recovery, and hydraulic fracturing is expected to drive the market globally. Asia pacific held significant share of the global oilfield stimulation chemicals market in 2016. The market for oil field chemicals that enable the production of oil and gas or make it more efficient is in many ways complex. North america oilfield chemicals market growth, trends. Oilfield chemicals companies in china research and markets. The major products offered within this market encompass industrial and institutional cleaning chemicals, specialty advanced polymers, pesticides, and construction chemicals among several. Oil field chemicals specialty chemicals update program. See chart m1 in the appendix gains will be driven by more oil and gas exploration and production. Oilfield chemicals market size, market share, market. North america continues to lead the way in oilfield chemicals market, asian markets to display high growth potential. The rising crude oil production, shift towards unconventional drilling operations and.
This is followed by a discussion of the industry status section 4, in which the extent and prospective use of these chemicals are given. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The oilfield chemical market suffered a downturn in 2009 due to the precipitous decline in oil and gas prices. Chemicals are the third largest industrial sector in austria, generating about 10. To support and enhance the stimulation process during oil extraction, oil stimulation chemicals are used. Specialty oilfield chemicals market industry 2015 market. Oilfield stimulation chemicals market size share forecast 2026. Global oilfield process chemicals market data survey. The geographical segmentation for the global oilfield stimulation chemicals market includes north america, europe, asia pacific, latin america, middle east, and africa.
This growth is especially strong in unconventional and offshore fields. Nov 03, 2017 the global oil field chemicals market is expected to reach usd 28. The united states oilfield process chemicals industry 2015 market research report is a professional and indepth study on the current state of the oilfield process chemicals industry. Oilfield chemicals market size, share global industry. Technavios report, the global oilfield process chemicals market in europe 20142018, has been prepared based on an indepth market analysis with inputs from industry experts. Global oilfield specialty chemical market by chemical. The specialty oilfield chemicals market is a multimillion market, which includes a wide array of specialty chemicals employed for a broad range of purposes. This market is driven by a number of factors, such as increasing shale gas exploration and production. The global demand to the specialty oilfield chemicals market development is driven by the rising interest for such chemicals in fracking procedures. North america oilfield chemicals market growth, trends and. According to the analysis of the trends, drivers and segments, the global specialty oilfield chemicals market is expected to grow at a cagr of 6. Global oilfield chemicals market research report 2017. Oilfield stimulation chemicals market 2015 global trends. The global oilfield stimulation market is segmented into its type, application, and geography.
The chemical sector comprised 240 companies in 2018 down from 294 in. Oilfield chemicals chemical production and investment cost. World demand for oilfield chemicals is expected to increase 8. Drilling fluids was the largest application segment for specialty oilfield chemicals in 20 owing to increasing deep and ultra deep drilling activities. The global oilfield chemicals market is expected to register steady growth during the forecast period 2017 to 2025. Specialty oilfield chemicals market industry report, 2024. The global chemical industry international council of chemical. Oilfield stimulation chemicals market global industry. Oilfield chemicals market size global industry report by. Oecd environmental outlook for the chemicals industry. Trilateral strategy for the chemical industry wirtschaft. The global specialty oilfield chemicals market is declining in growth but however it stands stimulated with increase in natural gas and oil production, particularly in asiapacific, latin america.
Oilfield chemicals markets in china research and markets. Oilfield chemicals market 2014 2019 oilfield chemicals. Specialty chemicals is the largest exporting sector, accounting for one third of total eu chemical. Jan 26, 2018 the report titled, global oilfield specialty chemical market by chemical type corrosion inhibitors, demulsifiers, viscosifiers, friction reducers, rheology modifiers, biocides, dispersants, by end user type drilling fluid, well stimulation, production chemicals, cementing, eor. Different chemicals are used at different stages of the process, starting from the drilling of the borehole, to production and stimulation, and finally to the. It is a key region in terms of production of surfactants, acids, etc.
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