Oilfield Chemicals Market Share | Global Industry Outlook and Statistics

Posted by john on April 29th, 2021

The Global Oilfield Chemicals Market  report, published by Reports and Data, unravels a wide spectrum of significant factors impacting the performance of the sector. It uses the historical analysis of market provides the reader with an accurate understanding of the current market scenario and offer concise market estimations for the forecast period of 2021 to 2026. The latest market intelligence report extensively studies the ongoing growth trends, emerging market segments, and growth prospects over the projected timeframe. It further sheds light on the ever-changing patterns, dominant facets, and infrastructural properties.

The global oilfield chemicals market was valued at USD 0.92 billion in 2018 and is expected to reach USD 29.45 billion by year 2026, at a CAGR of 4.51%.

In recent years, a significant change has been observed in the global energy landscape as a result of technological advances in the recovery of unconventional hydrocarbon resources such as tight oil and shale gas. Many pieces of research have been established to examine the impacts of extraction and production of unconventional hydrocarbons on surface water, groundwater, and local air quality. The extraction and utilization of such unconventional hydrocarbons pose concerns about their contribution to the atmospheric chemistry and global climate change. Nevertheless, their application in operations including drilling, production, cementing and work over and completion is expected to drive the demand for oilfield chemicals.

Global Oilfield Chemicals Market offers analysis of the top companies and analyzes the competitive hierarchy of the market report. The report further discusses in detail the strategic alliances formed by the key manufacturers such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and brand promotions and product launches.

 Competitive Terrain:

This section of the report studies the strategic initiatives undertaken by these market rivals for business expansion. In addition, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of both established and new players have been assessed using effective analytical tools like SWOT analysis.

The following are the leading market players:

BASF SE (Germany), Lubrizol Corporation (U.S.), AkzoNobel N.V. (Netherlands), The Dow Chemical Company (U.S.), Schlumberger (U.S.), Halliburton (U.S.),  Kemira Oyj (Finland) Clariant (Switzerland), Nalco (U.S.) and Baker Hughes Incorporated. (U.S.)

For the purpose of this report, Reports and Data have segmented the market report on the basis of medical condition, components used, end users and region:

Type Outlook:

•          Inhibitors
•          Demulsifiers
•          Rheology Modifiers
•          Friction Reducers
•          Biocides
•          Surfactants
•          Foamers

 Application Outlook:

•          Drilling & Cementing
•          Enhanced Oil Recovery
•          Production
•          Well Stimulation

 Regional Overview:

The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Oilfield Chemicals Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The report considers the following timeline for market estimations:

•          Historical Years: 2017-2018
•          Base Year: 2019
•          Estimated Year: 2027
•          Forecast Period: 2020-2027

 Highlights of the TOC: 

1. Global Oilfield Chemicals Market  Report Overview: 
   Research Scope
   Key Oilfield Chemicals Market  segments
   Major players
   Market analysis by product
   Market analysis by application
   Report timeline
2. Global Growth Trends 
   Global Oilfield Chemicals Market  size
   Latest trends of the Oilfield Chemicals Market    by region
   Key growth trends
3. Global Oilfield Chemicals Market  by Product
   Global Oilfield Chemicals Market  Sales by Product
   Global Oilfield Chemicals Market  Panels by Product Revenue

Key takeaways of the Global Oilfield Chemicals Market report:

• The report enumerates the most vital market drivers, restraints, opportunities, threats, and challenges.
• The report reviews the regulatory framework for creating new opportunities in various regions of the market and focuses on the new revenue streams for the players in the emerging markets.
• It elaborates on the new, promising arenas in the leading market regions.
• The report studies the recent research & development projects, along with the technological innovations in the key regional segments.
• The report highlights the potentially market-disrupting technological advancements and business models that are poised to take the market to an all-new level of growth.
• It offers details in the rising revenue share and size of the leading product segments of the market during the forecast period.

Key queries addressed in the report are as follows:

• Which product segments have witnessed new, profitable application areas over recent years?
• Which business models are projected to fast-track the expansion of the key regional markets over the forecast timeframe?
• Which strategic initiatives adopted by the market rivals are expected to fortify their already established presence in the Oilfield Chemicals Market?
• Which technologies prevailing in the market are expected to witness the highest research investments in the near future?
• What will be the significant sources of funding for start-ups and new entrants in the industry?

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa