Oilfield Chemicals Market Analysis Report and Development Trends Upto 2021

The Oilfield Chemicals Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2021).

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.

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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.

Major player assessed in the report are :
– Akzonobel NV
– AMCOL International
– Baker Hughes
– Croda International
– Dow Chemicals
– Emery Oleochemicals
– More

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

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SEGMENTATIONS IN REPORT :

1. Oilfield Chemicals By Technology :
– Drilling Technologies
– Enhanced Oil Recovery (EOR)
– Well Stimulation Technologies
– Others

2. Oilfield Chemicals By Products :
– Specialty Chemicals
– Commodity Chemicals
– Gases
– Polymers
– Others

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