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Global Oilfield Chemicals Market Size, Trends & Growth Opportunity By Product (Surfactant, Polymer, Demulsifier, Corrosion & Scale Inhibitor), By Distribution Channel (Workover & Completion, Well Stimulation, Drilling & Cementing), By Region and Forecast till 2027


Report ID : IR100497 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 256

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  • Global Oilfield Chemicals Market Size, Trends & Growth Opportunity By Product (Surfactant, Polymer, Demulsifier, Corrosion & Scale Inhibitor), By Distribution Channel (Workover & Completion, Well Stimulation, Drilling & Cementing), By Region and Forecast till 2027
    Market Overview
    Global Oilfield Chemicals Market was valued at USD 29.11 billion in 2021 which is expected to reach USD 36.88 billion by 2027 at a CAGR 4.09 %from 2022-2027
    Oilfield chemicals are speciality chemicals used in the oil and gas sector to improve the extraction process. These chemicals are used to guard against corrosion, optimize drilling, improve oil recovery, prevent mud loss, stabilize drilling fluid at varied temperatures and pressures, and achieve peak performance. Oilfield chemicals are used at several stages of the oilfield, including upstream, midstream, and downstream. 
    Market Drivers
    the increase in oil and gas exploration operations around the world is likely to drive the global oilfield chemicals market growth. Furthermore, increased demand for oilfield chemicals will positively impact the growth of the worldwide oilfield chemicals market. Oilfield chemicals' benefits of increasing production and lowering costs will drive up demand for oilfield chemicals during this projection period. Furthermore, an increase in product releases will fuel the expansion of the oilfield chemicals market. For example, in April 2020, Sasol announced the cost-effective product series TERRAVIS PI for the global oil and gas sector. TERRAVIS PI improves crude oil flowability while lowering solvent, utility, insulation, and mechanical removal expenses. 
    Market Restraints
    Stringent laws and regulations, on the other hand, are projected to stymie the worldwide oilfield chemicals market's expansion. 
    Market Segmentation
    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. During the forecast period, the market in North America is expected to dominate the global market. This is due to an increase in oil and gas operations due to the advent of hydraulic fracturing and drilling methods. Furthermore, technical developments and an increase in drilling activities are likely to boost regional growth during the predicted period. The increased exploration and production of shale gas in the United States is predicted to raise the need for oil-based chemicals.
    Market Key Players
    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
    Market Taxonomy 
    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


     

    Global Oilfield Chemicals Market TOC
    1 Introduction
    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 (2022 – 2027)
    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 (2022 – 2027)
    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 (2022 – 2027)
    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 (2022 – 2027)
    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 (2022 – 2027)
    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