Specialty 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 specialty oilfield chemicals in oilfield include drilling fluids, cementing, completion, stimulation, production and EOR (Enhanced Oil Recovery Chemicals), delivery, etc.
Currently, specialty oilfield chemicals market has a certain potential in Europe, Middle East. These areas demand are relatively stable. In China, specialty oilfield chemicals industry maintained a rapid growth. Rapid growth in unconventional oil and gas activity in North America has resulted in increases in the volume of chemicals used and, based on the projected growth in this area; the volumes consumed in the future will represent a significant portion of the market. Growth in Latin America, particularly in Brazil, the industry maintained a relatively fast growth rate. Africa has seen significant growth across the continent and growth is forecast to continue over the next five years. There are questions about political instability in some countries, such as Libya and Sudan. However, we hold confidence in Africa. 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. E.g.: Halliburton recently announced plans to acquire Baker Hughes in 2015. Solvay, Nalco Champion, Innospec, Calumet and Lubrizol have acquired a number of companies.
The report offers detailed coverage of Specialty 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 Specialty Oilfield Chemicals by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Specialty 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 Specialty 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
Ineos
Asahi Chemical Corp
China National Petroleum Corporation (CNPC)
ASCEND
Secco
Sinopec Group
Formosa Plastics
DSM
Tae Kwang Industrial
CPDC
Cytec Industries
Mitsubishi Rayon
LUKOIL
Repsol YPF
At the same time, we classify Specialty 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
Drilling Fluids
Cementing
Conpletion & Stimulation
Production & Delivery
Market by Application
Drilling Fluids
Cementing
Completion & Stimulation
Production & EOR (Enhanced Oil Recovery Chemicals)
Delivery
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 Specialty Oilfield Chemicals market for the forecast period 2021 - 2025?
• What are the driving forces in the Specialty 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 Specialty 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?