The Global Oilfield Chemicals Market of the Chemical and Materials industry is segmented in product, application, end-user, and region, which is being incorporated by the top players and brands that are dominating the market by their moves like product launches, researches, joint ventures, mergers, and accusations, and according to the calculation of the historic year 2016 and base year 2017 shows that they are moving in the right direction.
This Global Oilfield Chemicals Market report explains the markets definition, classifications, applications, and engagements are while explaining the drivers and restraints are for the market which is determined using SWOT analysis.
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Competitive Analysis: Global Oilfield Chemicals Market
Global oilfield chemicals market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oilfield chemicals market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Oil field chemicals Industry are gaining increasing importance, as the resources of crude oil are decreasing. An increasing demand of more sophisticated methods in the exploitation of the natural resources emerges for this reason. This book reviews the progress in the area of oil field chemicals and additives of the last decade from a rather chemical view. The text is ordered according to applications, just in the way how the jobs are emerging in practice. It starts with drilling, goes to productions and ends with oil spill.
Market Analysis: Global Oilfield Chemicals Market
Global Oilfield Chemicals Market is expected to register a substantial CAGR of 6.39% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the reduction in operations of oilfield drilling and oil extractions with the usage of these chemicals.
Key Market Competitors: Global Oilfield Chemicals Market
- Akzo Nobel N.V.
- Albemarle Corporation
- Zirax Limited
- BASF SE
- Baker Hughes, a GE company LLC
- CES Energy Solutions Corp.
- Chevron Phillips Chemical Company
- Flotek Industries, Inc.
- Huntsman International LLC
- Innospec Oilfield Services
- Schlumberger Limited
- Scomi Group Bhd
- Stepan Company
- Diamoco Group
- Gumpro Drilling Fluids Pvt. Ltd.
- Chemiphase Ltd
- Jiaxing Midas Oilfield Chemical Mfg Co., Ltd
- Imperial Oilfield Chemicals Private Limited and AES Drilling Fluids.
- High demand for petroleum-based products, and a rise of petroleum as a fuel from the automotive industry is one of the major factors driving the growth of the market
- Increasing usage and demand for shale gas from the various industry verticals; this factor is expected to drive the growth of the market
- Rise in the levels of urbanization and population boom globally; the market is expected to be positively affected
- Growth in the adoption of clean and green energy sources; this factor is expected to restrain the growth of the market
- High costs associated with disposal of these chemicals amid concerns and presence of regulations regarding the usage of environmental-harming chemicals; this factor is expected to restrain the growth of the market
Segmentation: Global Oilfield Chemicals Market
- Gellants & Viscosifiers
- Lubricants/Friction Reducers
- Rheology Modifiers
- Corrosion & Scale Inhibitors
- Fluid Loss Additives
- Clay Stabilizer
- Production chemicals
- Workover & Completion
- Production Pipelines
- Well Stimulation
- Enhanced Oil Recovery (EOR)
- Flow Assurance
- Cargo Additives
- Water Treatment Chemicals
- Desalting Chemicals
- Slop Oil Movement
- Petrochemical Additives
- Refinery Process Chemicals
- Refinery & Finished Fuel Additives
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Table of Content: Global Oilfield Chemicals Market Research Report 2019-2026
Chapter 1: Global Oilfield Chemicals Market Overview
Chapter 2: Global Oilfield Chemicals Market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2019-2026)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2019-2026)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Oilfield Chemicals Market Analysis by Application
Chapter 8: Global Oilfield Chemicals Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Global Oilfield Chemicals Market Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Global Oilfield Chemicals Market Effect Factors Analysis
Chapter 12: Global Oilfield Chemicals Market Forecast (2019-2026)
Chapter 13: Appendix
Available Complete Report of this Research with TOC and List of Figures at: https://databridgemarketresearch.com/toc/?dbmr=global-oilfield-chemicals-market
Key Developments in the Market:
- In June 2018, Clariant announced that construction of their facilities situated in Clinton, Oklahoma, United States had been completed. The facility located in a strategic location is expected to meet the growing demand from the Mid-Continental region for oil and gas industry solutions. The facility provides analytical services and solutions designed to improve efficiency and operations of the oil and gas industry.
- In July 2017, Baker Hughes announced that they had agreed to be acquired by General Electric, merging it with its own oil and gas equipment and services. This acquisition will enhance the operations and servicing of General Electric for oilfield services. The newly formed organisation will be known as Baker Hughes, a GE company LLC and become the second largest provider of global oilfield services.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
- Market drivers and restrains
- Key trends of the market
- Challenges of market growth
- Major players in the market
- CAGR values for the forecast period and historic years
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