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Kuwait & Iraq Oilfield Chemicals Market by Application (Drilling, Production, Refining & Processing, Water Treatment, and Other Industries): Opportunity Analysis and Industry Forecast, 2019–2027

A06314
Pages: 217
May 2020 | 944 Views
 
Author(s) : Saurabh Dixit, Rutuja Danekar , Eswara Prasad
Tables: 99
Charts: 41
 

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Kuwait & Iraq Oilfield Chemicals Market Outlook - 2027

The Kuwait & Iraq Oilfield Chemicals market size was valued at $552.2 million in 2019, and is projected to reach $706.1 million by 2027, growing at a CAGR of 3.8% from 2020 to 2027. Oilfield chemicals makes the oil and gas production more efficient. The various types of oilfield chemicals used in drilling, production, petrochemical extraction, and processing plays an important role in increasing the productivity of current oilfields. Oilfield chemicals are widely used in the oil and gas industry, owing to its advantages such as improves well performance, cost-efficiency, and others. Different types of oilfield chemicals such as corrosion inhibitors, de-emulsifiers, scale inhibitors, defamers, surfactants, retardants, organic acids, aromatic solvents, and others are increasingly used in the oilfield applications to improve the production capacity and efficiency of the oil wells.

The Kuwait & Iraq oilfield & industrial chemicals market growth is driven by the key factors such as rise in exploration & production activities and increase in demand for advanced drilling fluids. However, fluctuations in the prices of crude oil and stringent government regulations are expected to hamper the growth of the oilfield & other industrial chemicals market during the forecast period. Moreover, emergence of eco-friendly oilfield chemicals and increase in investment on oil & gas production activities are anticipated to create lucrative opportunities for key players to maintain the pace in the oilfield & other industrial chemicals market in upcoming years.

Kuwait-&-Iraq-Oilfield-Chemicals-Market-2020-2027

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The Kuwait & Iraq Oilfield Chemicals market is segmented on the basis of application and country. Depending on application, the market is classified into drilling, production, refining & processing, water treatment, and other industries. Drilling is further sub-segmented into stimulation, cementing, and drilling fluids. Drilling fluids is further sub-segmented into water based, oil based and synthetic based. Production segment is sub-classified into production and treatment facilities and enhanced oil recovery. Water treatment is divided into desalination, water treatment, and waste water treatment. Country wise, the oilfield & other industrial chemicals market is analyzed across Kuwait and Iraq.

Iraq has registered the highest market share, owing to increase in demand from oil and gas production and upgrading activities in this country. In addition, Iraq noted the highest growing rate in the oilfield & other industrial chemicals market during the forecast period (2020-2027).

The Kuwait & Iraq Oilfield Chemicals market analysis covers in-depth information of the major industry participants. Some of the major players in the oilfield & other industrial chemicals market include Solvay SA, BASF SE, Baker Hughes Company, Schlumberger Limited, Croda International Plc, Catalyst LLC, Jereh Global Development LLC, Al Sanea Chemical Products, Chevron Corporation, Petroleum Equipment Technology Corporation, and Halliburton.

Other players operating in the value chain of the Kuwait & Iraq Oilfield Chemicals market are Al-Kout Industrial Projects K.P.S.C, Ahlia Industrial Projects, Delmon Group, Al-Burhan Group, GZTA, Imperial Oilfield Chemicals Pvt. Ltd., Jawar Al Khaleej Shipping LLC, and others.

The key players are adopting numerous strategies such as acquisition, agreement, joint venture, and business expansion to stay competitive in the Kuwait & Iraq Oilfield Chemicals market.

For instance, Halliburton acquired Athlon Solutions (Provider of specialty water and process treatment chemicals, customized engineering solutions and services). This acquisition strengthened the chemicals technology, manufacturing and supply chain of Multi-Chem business line of the company.

Moreover, Solvay and Sinopec Chongqing SVW set joint venture for oilfield chemical products. This joint venture aimed at building a production line of oilfield special chemicals with the capacity of 20 K tons per year at Changshou Economic and Technological Development Area in Chongqing.

The Kuwait & Iraq Oilfield Chemicals market analysis covers pricing analysis for the major key players in the Kuwait and Iraq region. In addition, market analysis covers product mapping for manufacturers, distributors and end-users (More than 10 players each) in the Kuwait and Iraq region separately. 

Kuwait & Iraq Oilfield Chemicals market, by application

By application, the drilling segment has garnered the highest market share in 2019, owing to the growing exploration and production activities that demand oilfield chemicals in stimulation, cementing, and drilling fluids application areas.

Kuwait & Iraq Oilfield Chemicals Market
By Application

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Drilling is projected as the most lucrative segment.

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The production application segment registered the highest growing rate in the oilfield & other industrial chemicals market during the forecast period. This is attributed to rise in demand for advanced drilling fluids. 

Kuwait & Iraq Oilfield Chemicals market, by country

By country, Iraq dominated the market, owing to numerous factors such as huge consumer base, rise in production and exploration activities, increase in construction activities, and others. In addition, Iraq registered the highest CAGR of 3.9% and is expected to maintain the same during the forecast period.

Kuwait & Iraq Oilfield Chemicals Market
By Country

2027
Iraq 
Kuwait

Iraq holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive qualitative and quantitative analysis of the current Kuwait & Iraq Oilfield Chemicals market trends and future estimations to determine the prevailing opportunities.

  • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.

  • The report provides product mapping for manufacturers, distributors and end-users of the Kuwait & Iraq separately.

  • Estimations and forecast are based on factors impacting the Kuwait & Iraq Oilfield Chemicals market growth, in terms of both value and volume.

  • Profiles of leading players operating in the oilfield & other industrial chemicals market are provided to understand the regional competitive scenario.

  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable oilfield & industrial chemicals market growth.

Key Market Segments  

By Application

  • Drilling
  • Production
  • Refining & Processing
  • Water Treatment
  • Other Industries

By Country

  • Kuwait
  • Iraq 

Drilling

  • Stimulation
    • Frac fluid gelling agents
    •  Surfactants
    •  Iron stabilizing agents
    •  Organic acids
    •  Aromatic solvents
    •  Corrosion &scale inhibitors
    • Fluid loss additives
    •  Others
  • Cementing
    • Cement retarders
    • Spacer surfactants
    • Fluid loss additives
    • Dispersants
    • Others
  • Drilling Fluids
    • Water-based
      • Potassium chloride (KCl)
      • Sodium chloride (NaCl)
      • Sodium silicate mud
      • Barite
      • Bentonite
      • Caustic soda
      • Others
    •  Oil-based
      • Mineral oil-based mud
      • Ester-based fluids
      • Emulsifiers
      • Barite
      • Others
    •  Synthetic-based
      • Olefins
      • Barite
      • Others

Production

  • Production & Treatment Facilities
    • Demulsifiers
    • Corrosion &scale inhibitors
    • Paraffin and asphaltene inhibitors
    • Others
  • Enhanced Oil Recovery
    •  Surfactants
    •  Swelling agents
    •  Acid gas thickeners
    •  Polymer gels
    •  Others

Refining & processing (petrochemical extraction and processing)

Water Treatment Chemicals

  • Desalination
  • Water Treatment
  • Waste Water Treatment

Others

 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key factors impacting growth of market

3.2.1.Macro Factors

3.2.1.1.Kuwait Market Analysis – Facts & Figures
3.2.1.2.Iraq Market Analysis – Facts & Figures
3.2.1.3.Crude Oil Production Outlook, 2019
3.2.1.4.Kuwait and Iraq Crude oil Production Historical Scenario, 2000-2018 (Thousand Barrels/day)

3.2.2.Micro Factors

3.2.2.1.Impact of government rules and regulations

3.3.Parent/Peer market overview
3.4.Market Dynamics

3.4.1.Drivers

3.4.1.1.Rise in exploration and production activities
3.4.1.2.Rise in demand for advanced drilling fluids

3.4.2.Restraint

3.4.2.1.Crude oil price fluctuations
3.4.2.2.Stringent government regulations

3.4.3.Opportunities

3.4.3.1.Emergence of eco-friendly oilfield chemicals
3.4.3.2.Increase in investment on oil and gas production

3.5.Pricing Analysis

3.5.1.Historic Pricing Analysis
3.5.2.Pricing Analysis and Forecast, 2019-2027
3.5.3.Competitive Manufacturer Prices
3.5.4.Price drivers
3.5.5Pricing Analysis by Sub-Segments

3.5.5.1.Kuwait Pricing Analysis for 10 Manufacturers
3.5.5.2.Iraq Pricing Analysis for 10 Manufacturers

3.5.6.Product Mapping by Sub-Segments – By Manufacturers, Distributors, End Users (Yes – Y, No - N)

3.5.6.1.Kuwait Manufacturers – Product Mapping
3.5.6.2.Iraq Manufacturers – Product Mapping
3.5.6.3.Kuwait Distributors – Product Mapping
3.5.6.4.Iraq Distributors – Product Mapping
3.5.6.5.Kuwait End Users – Product Mapping
3.5.6.6.Iraq End Users – Product Mapping

3.6.Value chain analysis

3.6.1.List of Manufacturers
3.6.2.List of Distributors
3.6.3.List of End-Users

3.7.Trade Outlook

3.7.1.Kuwait (Oilfield Processing Chemicals (Overall Chemicals))
3.7.2.Iraq (Oilfield Processing Chemicals (Overall Chemicals))

CHAPTER 4:KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY APPLICATION

4.1.Overview

4.1.1.Market size and forecast, by application

4.2.Drilling

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country
4.2.3.Market size and forecast, by stimulation
4.2.4.Stimulation

4.2.4.1.Frac fluid gelling agents
4.2.4.2.Surfactants
4.2.4.3.Iron stabilizing agents
4.2.4.4.Organic acids
4.2.4.5.Aromatic solvents
4.2.4.6.Corrosion &scale inhibitors
4.2.4.7.Fluid loss additives

4.2.4.8.Others

4.2.5.Market size and forecast, by cementing
4.2.6.Cementing

4.2.6.1.Cement retarders
4.2.6.2.Spacer surfactants
4.2.6.3.Fluid loss additives
4.2.6.4.Dispersants
4.2.6.5.Others

4.2.7.Market size and forecast, by drilling fluids
4.2.8.Drilling fluids

4.2.8.1.Water-based
4.2.8.2.Potassium chloride (KCl)
4.2.8.3.Sodium chloride (NaCl)
4.2.8.4.Sodium silicate mud
4.2.8.5.Barite
4.2.8.6.Bentonite
4.2.8.7.Caustic soda
2.1.2.8.Others

4.2.8.2.Oil-based

4.2.8.2.1.Market size and forecast, by oil-based mud
4.2.8.2.2.Mineral oil-based mud
4.2.8.2.3.Ester-based fluids
4.2.8.2.4.Emulsifiers
4.2.8.2.5.Barite
4.2.8.2.6.Others

4.2.8.3.Synthetic-based

4.2.8.3.1.Market size and forecast, by synthetic-based mud
4.2.8.3.2.Olefins
4.2.8.3.3.Barite
4.2.8.3.4.Others

4.3.Production

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market size and forecast, by production & treatment facilities
4.3.4.Production and treatment facilities

4.3.4.1.Demulsifiers
4.3.4.2.Corrosion &scale inhibitors
4.3.4.3.Paraffin and asphaltene inhibitors
4.3.4.4.Others

4.3.5.Market size and forecast, by enhanced oil recovery
4.3.6.Enhanced oil recovery

4.3.6.1.Surfactants
4.3.6.2.Swelling agents
4.3.6.3.Acid gas thickeners
4.3.6.4.Polymer gels
4.3.6.5.Others

4.4.Refining & processing (petrochemical extraction and processing)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country

4.5.Water Treatment

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country
4.5.3.Market size and forecast, by water treatment methods

4.5.3.1.Desalination
4.5.3.2.Process water treatment
4.5.3.3.Waste water treatment

4.6.Other industries

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by country

CHAPTER 5:OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY REGION

5.1.Overview

5.1.1.Market size and forecast, by country

5.2.Kuwait

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by application
5.2.3.Market size and forecast, by stimulation
5.2.4.Market size and forecast, by cementing
5.2.5.Market size and forecast, by drilling fluids
5.2.6.Market size and forecast, by production & treatment facilities
5.2.7.Market size and forecast, by enhanced oil recovery
5.2.8.Market size and forecast, by water treatment

5.3.Iraq

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by application
5.3.3.Market size and forecast, by stimulation
5.3.4.Market size and forecast, by cementing
5.3.5.Market size and forecast, by drilling fluids
5.3.6.Market size and forecast, by production & treatment facilities
5.3.7.Market size and forecast, by enhanced oil recovery
5.3.8.Market size and forecast, by water treatment

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.Introduction

6.1.1.Market player positioning, 2019

6.2.Competitive dashboard
6.3.Competitive heatmap
6.4.Top winning strategies

6.4.1.Top winning strategies, by year
6.4.2.Top winning strategies, by development
6.4.3.Top winning strategies, by company

6.5.Segment matrix of top 10 player
6.6.Market share analysis, 2019

CHAPTER 7:COMPANY PROFILES:

7.1.AL SANEA CHEMICAL PRODUCTS

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Product Portfolio

7.2.BAKER HUGHES COMPANY

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance

7.3.BASF SE

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.Business performance
7.3.6.Key strategic moves and developments

7.4.CHEVRON CORPORATION

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.Business performance

7.5.CRODA INTERNATIONAL PLC

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance

7.6.HALLIBURTON

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.6.6.Key strategic moves and developments

7.7.JEREH GLOBAL DEVELOPMENT LLC

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio
7.7.4.Business performance

7.8.PETROLEUM EQUIPMENT TECHNOLOGY COMPANY (PETCO)

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Product portfolio

7.9.SCHLUMBERGER LIMITED

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.9.6.Key strategic moves and developments

7.10.SOLVAY SA

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.Business performance
7.10.6.Key strategic moves and developments

7.11.CATALYST LLC

7.1.1.Company overview
7.11.2.Company snapshot
7.11.3.Product portfolio

CHAPTER 8:BUSINESS OPPURTINUTIES & STATERGIC RECOMMENDATIONS

8.1.Key findings of the study

8.1.1.Top Investment Pockets
8.1.2.Top winning strategies

8.1.2.1.Expansions
8.1.2.2.Acquisition
8.1.2.3.Agreement
8.1.2.4.Joint Venture

8.2.Industry Porter’s five forces analysis
8.3.Industry PESTEL Analysis, by Country

8.3.1.Kuwait
8.3.2.Iraq

8.4.Go-to-pricing strategy
8.5.Strategic Conclusion and Recommendations

LIST OF TABLES

TABLE 01.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, FACTS & FIGURES, 201841
TABLE 02.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, FACTS & FIGURES, 201842
TABLE 03.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY APPLICATION 2019–2027 ($MILLION)74
TABLE 04.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY APPLICATION 2019–2027 (TONS)75
TABLE 05.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR DRILLING, BY COUNTRY, 2019–2027 ($MILLION)77
TABLE 06.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR DRILLING, BY COUNTRY, 2019–2027 (TONS)77
TABLE 07.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY STIMULATION 2019–2027 ($MILLION)78
TABLE 08.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY STIMULATION 2019–2027 (TONS)79
TABLE 09.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY CEMENTING 2019–2027 ($MILLION)83
TABLE 10.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY CEMENTING 2019–2027 (TONS)84
TABLE 11.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 ($MILLION)87
TABLE 12.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 (TONS)88
TABLE 13.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR PRODUCTION, BY COUNTRY, 2019–2027 ($MILLION)92
TABLE 14.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR PRODUCTION, BY COUNTRY, 2019–2027 (TONS)92
TABLE 15.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 ($MILLION)93
TABLE 16.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 (TONS)94
TABLE 17.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 ($MILLION)97
TABLE 18.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 (TONS)98
TABLE 19.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR REFINING & PROCESSING, BY COUNTRY, 2019–2027 ($MILLION)104
TABLE 20.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR REFINING & PROCESSING, BY COUNTRY, 2019–2027 (TONS)105
TABLE 21.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR WATER TREATMENT, BY COUNTRY, 2019–2027 ($MILLION)107
TABLE 22.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR WATER TREATMENT, BY COUNTRY, 2019–2027 (TONS)108
TABLE 23.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY WATER TREATMENT METHODS 2019–2027 ($MILLION)108
TABLE 24.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY WATER TREATMENT METHODS 2019–2027 (TONS)109
TABLE 25.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR OTHER INDUSTRIES, BY COUNTRY, 2019–2027 ($MILLION)112
TABLE 26.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET FOR OTHER INDUSTRIES, BY COUNTRY, 2019–2027 (TONS)112
TABLE 27.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY COUNTRY 2019–2027 (($MILLION)113
TABLE 28.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, BY COUNTRY 2019–2027 (TONS)114
TABLE 29.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY APPLICATION 2019–2027 ($MILLION)116
TABLE 30.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY APPLICATION 2019–2027 (TONS)117
TABLE 31.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY STIMULATION 2019–2027 ($MILLION)118
TABLE 32.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY STIMULATION 2019–2027 (TONS)119
TABLE 33.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY CEMENTING 2019–2027 ($MILLION)120
TABLE 34.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY CEMENTING 2019–2027 (TONS)121
TABLE 35.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 ($MILLION)122
TABLE 36.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 (TONS)123
TABLE 37.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 ($MILLION)124
TABLE 38.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 (TONS)125
TABLE 39.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 ($MILLION)126
TABLE 40.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 (TONS)127
TABLE 41.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY WATER TREATMENT 2019–2027 ($MILLION)128
TABLE 42.KUWAIT OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY WATER TREATMENT 2019–2027 (TONS)129
TABLE 43.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY APPLICATION 2019–2027 ($MILLION)131
TABLE 44.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY APPLICATION 2019–2027 (TONS)132
TABLE 45.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY STIMULATION 2019–2027 ($MILLION)133
TABLE 46.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY STIMULATION 2019–2027 (TONS)134
TABLE 47.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY CEMENTING 2019–2027 ($MILLION)135
TABLE 48.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY CEMENTING 2019–2027 (TONS)136
TABLE 49.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 ($MILLION)137
TABLE 50.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY DRILLING FLUIDS 2019–2027 (TONS)138
TABLE 51.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 ($MILLION)139
TABLE 52.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY PRODUCTION & TREATMENT FACILITIES 2019–2027 (TONS)140
TABLE 53.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 ($MILLION)141
TABLE 54.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY ENHANCED OIL RECOVERY 2019–2027 (TONS)142
TABLE 55.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY WATER TREATMENT 2019–2027 ($MILLION)143
TABLE 56.IRAQ OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, BY WATER TREATMENT 2019–2027 (TONS)144
TABLE 57.AL SANEA: COMPANY SNAPSHOT156
TABLE 58.AL SANEA: PRODUCT PORTFOLIO156
TABLE 59.BAKER HUGHES: COMPANY SNAPSHOT158
TABLE 60.BAKER HUGHES: OPERATING SEGMENTS159
TABLE 61.BAKER HUGHES: PRODUCT PORTFOLIO160
TABLE 62.OVERALL FINANCIAL STATUS ($MILLION)161
TABLE 63.BASF SE: COMPANY SNAPSHOT163
TABLE 64.BASF SE: OPERATING SEGMENTS164
TABLE 65.BASF SE: PRODUCT PORTFOLIO165
TABLE 66.OVERALL FINANCIAL STATUS ($MILLION)166
TABLE 67.BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS168
TABLE 68.CHEVRON: COMPANY SNAPSHOT169
TABLE 69.CHEVRON: OPERATING SEGMENTS170
TABLE 70.CHEVRON: PRODUCT PORTFOLIO171
TABLE 71.OVERALL FINANCIAL STATUS ($MILLION)172
TABLE 72.CRODA: COMPANY SNAPSHOT174
TABLE 73.CRODA: OPERATING SEGMENTS175
TABLE 74.CRODA: PRODUCT PORTFOLIO176
TABLE 75.OVERALL FINANCIAL STATUS ($MILLION)177
TABLE 76.HALLIBURTON: COMPANY SNAPSHOT179
TABLE 77.HALLIBURTON: OPERATING SEGMENTS180
TABLE 78.HALLIBURTON: PRODUCT PORTFOLIO181
TABLE 79.OVERALL FINANCIAL STATUS ($MILLION)182
TABLE 80.HALLIBURTON: KEY STRATEGIC MOVES AND DEVELOPMENTS183
TABLE 81.JEREH GLOBAL: COMPANY SNAPSHOT184
TABLE 82.JEREH GLOBAL: PRODUCT PORTFOLIO185
TABLE 83.OVERALL FINANCIAL STATUS ($MILLION)186
TABLE 84.PETCO: COMPANY SNAPSHOT187
TABLE 85.PETCO: PRODUCT PORTFOLIO188
TABLE 86.SCHLUMBERGER: COMPANY SNAPSHOT190
TABLE 87.SCHLUMBERGER: OPERATING SEGMENTS191
TABLE 88.SCHLUMBERGER: PRODUCT PORTFOLIO192
TABLE 89.OVERALL FINANCIAL STATUS ($MILLION)193
TABLE 90.SCHLUMBERGER: KEY STRATEGIC MOVES AND DEVELOPMENTS195
TABLE 91.SOLVAY: COMPANY SNAPSHOT196
TABLE 92.SOLVAY: OPERATING SEGMENTS197
TABLE 93.SOLVAY: PRODUCT PORTFOLIO198
TABLE 94.OVERALL FINANCIAL STATUS ($MILLION)200
TABLE 95.SOLVAY: KEY STRATEGIC MOVES AND DEVELOPMENTS202
TABLE 96.KEY EXPANSIONS (2017-2019)205
TABLE 97.KEY ACQUISITION (2017-2019)205
TABLE 98.KEY AGREEMENT (2017-2019)206
TABLE 99.KEY JOINT VENTURE (2017-2019)206

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS31
FIGURE 02.OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET, CRUDE OIL PRODUCTION FOR 7 PG COUNTRIES, 201943
FIGURE 03.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET, CRUDE OIL PRODUCTION, 2000 - 201844
FIGURE 04.PARENT PEER MARET OVERVIEW47
FIGURE 05.OILFIELD & OTHER INDUSTRIAL CHEMICALS MARKET DYNAMICS48
FIGURE 06.VALUE CHAIN ANALYSIS58
FIGURE 07.KUWAIT & IRAQ OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION ($MILLION)73
FIGURE 08.MARKET PLAYER POSITIONING, 2019146
FIGURE 09.COMPETITIVE DASHBOARD147
FIGURE 10.COMPETITIVE HEATMAP OF KEY PLAYERS148
FIGURE 11.TOP WINNING STRATEGIES, BY YEAR, 2017–2019150
FIGURE 12.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2019 (%)151
FIGURE 13.TOP WINNING STRATEGIES, BY COMPANY, 2017–2019152
FIGURE 14.APPLICATION MATRIX OF TOP 10 PLAYERS153
FIGURE 15.MARKET SHARE ANALYSIS, 2019154
FIGURE 16.BAKER HUGHES: REVENUE, 2017–2019 ($MILLION)161
FIGURE 17.BAKER HUGHES: REVENUE SHARE BY SEGMENT, 2019 (%)162
FIGURE 18.BAKER HUGHES: REVENUE SHARE BY REGION, 2019 (%)162
FIGURE 19.BASF SE: REVENUE, 2017–2019 ($MILLION)166
FIGURE 20.BASF SE: REVENUE SHARE BY SEGMENT, 2019 (%)167
FIGURE 21.BASF SE: REVENUE SHARE BY REGION, 2019 (%)167
FIGURE 22.CHEVRON: REVENUE, 2016–2018 ($MILLION)172
FIGURE 23.CHEVRON: REVENUE SHARE BY SEGMENT, 2018 (%)173
FIGURE 24.CHEVRON: REVENUE SHARE BY REGION, 2018 (%)173
FIGURE 25.CRODA: NET SALES, 2016–2018 ($MILLION)177
FIGURE 26.CRODA: REVENUE SHARE BY SEGMENT, 2018 (%)178
FIGURE 27.CRODA: REVENUE SHARE BY REGION, 2018 (%)178
FIGURE 28.HALLIBURTON: REVENUE, 2016–2018 ($MILLION)182
FIGURE 29.JEREH GLOBAL: REVENUE, 2016–2018 ($MILLION)186
FIGURE 30.SCHLUMBERGER: REVENUE, 2017–2019 ($MILLION)193
FIGURE 31.SCHLUMBERGER: REVENUE SHARE BY SEGMENT, 2019 (%)194
FIGURE 32.SCHLUMBERGER: REVENUE SHARE BY REGION, 2019 (%)194
FIGURE 33.SOLVAY: REVENUE, 2016–2018 ($MILLION)200
FIGURE 34.SOLVAY: REVENUE SHARE BY SEGMENT, 2018 (%)201
FIGURE 35.SOLVAY: REVENUE SHARE BY REGION, 2018 (%)201
FIGURE 36.TOP INVESTMENT POCKETS204
FIGURE 37.MODERATE BARGAINING POWER OF SUPPLIERS207
FIGURE 38.MODERATE THREAT OF NEW ENTRANTS208
FIGURE 39.HIGH THREAT OF SUBSTITUTES209
FIGURE 40.MODERATE COMPETITIVE RIVALRY210
FIGURE 41.HIGH BARGAINING POWER OF BUYERS211

 
 

According to the perspectives of the CXOs of the leading companies, in accordance to several surveys conducted, the oilfield & other industrial chemicals is expected to witness immense popularity in both Kuwait & Iraq economies during the forecast period. Increase in consumer demand from the oil industry, owing to rise in production activities is the major factor that drives the growth of the Kuwait & Iraq Oilfield Chemicals market. In addition, the oilfield & other industrial chemicals market is driven by the rise in demand for advanced drilling fluids in the drilling application of the market. Among the several applications analyzed in the oilfield & other industrial chemicals market, the drilling application holds the largest market share during the forecast period. However, the current issue regarding COVID-19 across the analyzed economies and also across the globe is expected to hamper the market growth in 2020 as this is projected to slow down the oil exploration and production activities.

Among the analyzed countries, Iraq is expected to account for the highest revenue in the oilfield & other industrial chemicals market throughout the forecast period. In addition, Iraq registered the highest CAGR of 3.9% and is expected to maintain the same during the forecast period, owing to rise in exploration and production activities.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. Kuwait & Iraq Oilfield Chemicals market is growing at the CAGR of 3.8% in terms of revenue by 2026.

A. Rise in exploration & production activities and rise in demand for advanced drilling fluids are the factors anticipated to drive the growth of the Kuwait & Iraq Oilfield Chemicals Market.

A. Oil & gas mining industry is the key potential customer of Kuwait & Iraq Oilfield Chemicals Market.

A. In terms of revenue, Drilling is anticipated to garner highest market share in the Kuwait & Iraq Oilfield Chemicals Market. It is anticipated to garner 69.1% by 2027.

A. The applications of Kuwait & Iraq Oilfield Chemicals Market are drilling, production, petrochemical extraction & processing, water treatment and others.

A. Key growth strategies adopted by market players in the Kuwait & Iraq Oilfield Chemicals market players are business expansion, acquisition, agreement and joint venture.

A. Growing use of bio-based chemicals in oilfield facility is the major area of expansion for Kuwait & Iraq Oilfield Chemicals market.

 

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