The report offers detailed coverage of Oilfield Chemicals industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Oilfield Chemicals by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Oilfield chemicals refers to a series of chemicals used in the process of petroleum and gas drilling, mining and transportation, water treatment and enhanced oil recovery. The applications of oilfield chemicals in oilfield include drilling fluids, cementing, completion, stimulation, production and EOR (Enhanced Oil Recovery Chemicals), delivery, etc.
North America is the world's largest oilfield chemicals consumption area. In Europe and North America, the main application of polyacrylamide is the water treatment industry. However, polyacrylamide in oilfield is less in foreign, because of the special geological conditions in China, Daqing Oilfield and Shengli Oilfield are still using extensive of polymer in flooding technology. China is one of the countries with the highest crude oil production costs in the world. Despite this, China has had to continue mining domestic crude oil due to the huge market demand. At present, the production capacity of polyacrylamide in China has exceeded 1.2 million tons. Most of the polyacrylamide is used in the oil field industry.
The global oil field chemical industry is dominated by large corporations, and these corporations are becoming larger through acquisitions, allowing themselves to offer a wider range of oil field services such as exploration, drilling, design, and engineering. In the past few years, there have been five major acquisitions and mergers in this industry. Lower oil prices have a side effect to this industry. Big companies maintain good performance through acquisitions and mergers. In 2017, Dow, DuPont complete planned merger to form Dow DuPont. Baker Hughes, a GE company announced that the transaction combining GE\'s oil and gas business with Baker Hughes is complete. In 2014, Lubrizol Corporation announced that it has completed the acquisition in the United States and Canada of Weatherford International's global oilfield chemicals business. In 2012, Ecolab announced its intention to acquire Permian MudService, Inc., the parent company of Champion Technologies, and integrate the business with its Energy Services division.The sale closed on April 10, 2013, at which time the businesses merged and announced its new Nalco Champion brand. In 2013, Solvay acquired Chemlogics.
The report forecast global Oilfield Chemicals market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Oilfield Chemicals market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
SNF
CNPC
BASF
Nalco Champion
Baker Hughes
Schlumberger
Halliburton
Kemira
Clariant
Lubrizol
Dow
Chevron Phillips
Innospec
At the same time, we classify Oilfield Chemicals according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Alkyl Phenols and Ethoxylated Aps
Glutaraldehyde-base Biocides
Polyacrylamide
Pour Point Depressants
Market by Application
Oil and Gas
Shale Gas
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Oilfield Chemicals market for the forecast period 2021 - 2025?
• What are the driving forces in the Oilfield Chemicals market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Oilfield Chemicals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?