New Study On Global Oilfield Chemicals Market, Growth, Analysis and Forecast 201Posted by akshayparmar on November 1st, 2017 Oilfield Chemicals Market - Growth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Oilfield Chemicals Market is expected to reach US$ 34.9 Bn by 2025, expanding at a CAGR of 6.1% during the forecast period 2017 - 2025. Browse Full Report Visit - http://www.acutemarketreports.com/report/oilfield-chemicals-market Market Insights Oilfield chemical consumption is expected to spur with increasing supply of oil & gas and growing international oil & gas trade. According to EIA, the global oil consumption was observed to be 96.92 million barrels per day in 2016 and anticipated to surpass 100 million barrels per day by 2018. Further, increasing exploration of new oil reserves raised the world oil production to 97.17 million barrels per day which is projected to reach 100 million barrels per day by 2018. Increasing exploration of shale reserves in North America and growing oil output of OPEC resulted in over supply of oil & gas which has adversely effected the oil prices Competitive Insights: Global oilfield chemicals market is segmented on the basis of chemical type, application and geography. By chemical type, organic corrosion & scale inhibitors segment was the most dominant segment in global oilfield chemicals market in 2016 and anticipated to continue its dominance over the forecast period. Increasing complexity in drilling operations due to growing challenges to counter corrosion promoting the use of corrosion inhibitors which is subsequently driving the growth of the segment during the forecast period.
1. Preface 2. Executive Summary 3. Global Oilfield Chemicals Market Dynamics 4. Global Oilfield Chemicals Market Size & Forecast (US$ Mn), By Chemical Type, 2015 – 2025 About - Acute Market Reports : Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online. Name : Chris Paul ACUTE MARKET REPORTS Designation : Global Sales Manager Toll Free(US/CANADA): +1-855-455-8662 Email : sales@acutemarketreports.com Website :http://www.acutemarketreports.com Like it? Share it!More by this author |