Oilfield Chemicals Market Scope
A new report titled “Global Oilfield Chemicals Market Professional Report 2020-2026” has been added by Straits Research to its repository of research reports. The report analyzes and estimates the Oilfield Chemicals market on global, regional, and country levels. The report offers data from previous years and an in-depth analysis based on the revenue.
Oilfield Chemicals finds major scope in the exploration and drilling practices particularly in oil & gas industry, where it serves as emulsion breakers, erosion resistant, drilling additives, cementing super plasticizers, and among others. Increasing natural resources exploration and production activities, rise in demand for energy generation and growing dependency on oil & gas industry continues to grow exponentially, that in turn propel the growth of oilfield chemicals market at global level and expected to witness healthy growth during the forecast period 2019–2026.
Global oil field chemicals market is expected to grow at a CAGR of 4.21% during the forecast period of 2019–2026 and attain a value of USD 158.4 million by 2026.
While studying the global market for Oilfield Chemicals, the report also thoroughly analyzes the driving factors, development trends, restraints, challenges, and lucrative challenges to showcase the current and future market scenario. Straits Research has provided a comprehensive report that consists of the key market strategies based on the latest technologies, applications, and different geographies around the world. The market is expected to show significant growth over the forecast period due to the increasing demand for Oilfield Chemicals Industry.
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Competitive Analysis
Dowdupont (U.S), BASF SE (Germany), Clariant (Switzerland), Sarvamangal Enterprise (India), Halliburton (U.S), Akzonobel (Netherlands), Global Drilling fluid & chemicals Ltd. (India), Imperial Oilfield Chemicals Pvt. Ltd. (India), Schlumberger Limited (U.S), Solvay (Belgium), Baker Hughes (U.S), Kemira (Finland), and Croda International Plc. (U.S).
These key players have adopted organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (R&D) activities, agreements, contracts, collaborations, and mergers & acquisitions (M&A) to strengthen their position in the market.
Oilfield Chemicals Market Segmentation
By Product Type, Demulsifiers, Inhibitors & Scavengers, Rheology Modifiers, Friction Reducers, Biocides, Surfactants, Foamers, Others,
By Application, Production, Well Stimulation, Drilling, Enhanced Oil Recovery, Cementing, Workover & Completion,
This report forecasts revenue growth at the global, regional, and local levels. It analyzes the most recent industry trends from 2020 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America (U.S., Canada)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, India, Japan, Singapore, Malaysia)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Study Objectives of Global Oilfield Chemicals Market:
- To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the global Oilfield Chemicals market.
- To provide insights about the factors influencing the growth of the market.
- To study the global Oilfield Chemicals market analysis on the basis of porter’s five forces analysis, SWOT, and pestel analysis.
- To provide historical data and forecast revenue of the market segments and their sub-segments regarding regional distribution, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
- To provide a detailed country-level analysis of the global industry to determine the current Oilfield Chemicals market size and the future prospective.
- To provide a comprehensive analysis of the market for segments by product type, the technology used, end-users, applications, and region.
- To strategically profile the leading players functioning in the global Oilfield Chemicals market, comprehensively analyze their core competencies, and frame a competitive advantage.
- To identify and study the key developments such as new product launches, mergers & acquisitions (M&A), joint ventures, research and development (R&D) activities, and strategic alliances in the global Oilfield Chemicals market.
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Other features of the report:
- Gives a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies.
- Provides valuable insights into the product portfolio, including product planning, development, and positioning.
- Analyses the role of key market players and their partnerships, mergers, and acquisitions.
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