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Oilfield Chemicals Market by Type (Biocides, Corrosion & Scale Inhibitors, Demulsifiers, Surfactants, Polymers, Gellants & Viscosifiers, and Others) and Application (Drilling Fluids, Cementing, Enhanced Oil Recovery, Production Chemicals, Well Stimulation, and Workover & Completion): Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_17724
Pages: 170
May 2017 | 2612 Views
 
Author's : Yashwant Sahu
Tables: 88
Charts: 36
 

Oilfield Chemicals Market Overview:

Global Oilfield Chemicals Market was valued at $41,667 million in 2016, and is anticipated to grow at a CAGR of 5.2% to reach $59,925 million from 2017 to 2023. Oilfield chemicals are chemical components that are applied in oil & gas extraction operations. These are used in well drilling and production facilities to enhance the extraction operations by improving productivity & efficiency of the oil drilling process & petroleum refining and to achieve optimum performance with effective oil recovery. These chemicals facilitate the maintenance of smooth operating oilfield, which result in reduction of expenses over delays and stoppages during drilling processes. These chemicals impede the formation of the metal scales and reduce the water quantity into the oil well during exploration & drilling, which results in rising demand and applications of oilfield chemicals.

The market is driven by the rise in oil exploration & production activities, which in turn increases the need for oilfield chemicals, demand for advanced drilling fluids, growth in deep-water & ultra-deep-water drilling projects, and rapid expansion of shale oil & gas drilling & production. Moreover, the ongoing activities to meet the global energy demand brought more petroleum crude oil wells to production state globally, which increases the demand for oilfield chemicals. However, crude oil price fluctuations and increase in environmental concerns are expected to hamper the market growth in the near future. The emergence of eco-friendly oilfield chemicals is expected to provide a substantial growth opportunity in the near future.

The global oilfield chemicals market is segmented into type, application, and geography. The report emphasizes on the different application of oilfield chemicals, which include drilling fluids, cementing, enhanced oil recovery, production chemicals, well stimulation, and workover & completion. Based on type, the market is classified into biocides, corrosion & scale inhibitors, demulsifiers, surfactants, polymers, gellants & viscosifiers, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, the report highlights various factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data, in terms of both value and volume, which is obtained from the secondary sources, such as company publications, Factiva, Hoovers, OneSource, and others.

Global Oilfield Chemicals Market Segmentation

Global Oilfield Chemicals Market Segmentation

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In 2016, North America dominated the global oilfield chemicals market, in terms of value. Moreover, Asia-Pacific is expected to witness the highest growth rate from 2017 to 2023, owing to the increase in cementing, drilling, and stimulation activities. In addition, large investment in the energy sector by China and India, owing to the rise in demand for petroleum & crude oil is expected to increase the demand for oilfield chemicals in this region.

Oilfield Chemicals Market Share, By Geography, 2016 (%)

Oilfield Chemicals Market Share, By Geography, 2016 (%)

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Top Investment Pockets

The demulsifier segment is the most lucrative in the market, followed by the biocides segment. Demulsifiers are used to separate water and oil in the oilfield. They cause change in the oil density and enable easier separation by reduction in the corrosion of the pipelines. This results in reduction in the overall maintenance cost of the equipment.

Top Investment Pocket

Top Investment Pocket

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North America Oilfield Chemicals Market Size

In 2016, North America witnessed the highest demand for oilfield chemicals, owing to the growth in oil gas activities with the advancement in hydraulic fracturing and drilling processes. Moreover, technological advancement and rise in drilling activities are expected to increase the demand for oilfield chemicals in the near future. U.S. dominated the North America oilfield chemicals market in 2016, followed by Canada.

Mexico Oilfield chemicals Market Growth, 2016-2023 ($Million)

Mexico Oilfield chemicals Market Growth, 2016-2023 ($Million)

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The key players profiled in the report are Baker Hughes, Schlumberger Limited, Halliburton, Solvay S.A., Ecolab Inc., Newpark Resources Inc., BASF SE, Lubrizol Corporation, Akzonobel NV, and Albemarle Corp.

The other major players (not profiled in report) in the market include E I Dupont de Nemours and Company, Huntsman Corporation, Kemira Oyj, Clariant AG, Chemcon Specialty Chemicals Pvt. Ltd., Universal Oil Field Chemicals Pvt. Ltd., Imperial Oilfield Chemicals Pvt. Ltd., REDA Oilfield, Stepan Company, and Champion Technologies.

Key Market Benefits

  • This report provides an extensive analysis of the current and emerging market trends & dynamics of the global oilfield chemicals market.
  • The oilfield chemicals market trend analysis for all the regions is done by constructing estimations for key segments from 2017 to 2023 to identify the prevailing opportunities.
  • The report assists to understand the strategies adopted by the leading companies in the industry.
  • It evaluates competitive landscape of the oilfield chemicals industry to understand the market scenario globally.
  • Extensive analysis is conducted by key player positioning and monitoring the top competitors within the global market.

Oilfield Chemicals Market Key Segmentation:

By Type

  • Biocides
  • Corrosion & Scale Inhibitors
  • Demulsifiers
  • Surfactants
  • Polymers
  • Gellants & Viscosifiers
  • Other Chemicals

By Application

  • Drilling Fluids
  • Cementing
  • Enhanced Oil Recovery
  • Production Chemicals
  • Well Stimulation
  • Workover & Completion  

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Denmark
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. MARKET PLAYER POSITIONING
3.4. PORTERS FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Rise in oil exploration and production activities
3.5.1.2. Demand for advanced drilling fluids
3.5.1.3. Rapid expansion of shale oil & gas drilling & production

3.5.2. Restraints

3.5.2.1. Crude oil price fluctuations
3.5.2.2. Increase in environmental concerns

3.5.3. Opportunities

3.5.3.1. Emergence of eco-friendly oilfield chemicals

3.6. MARKET SHARE ANALYSIS, 2016 (%)

Chapter: 4. GLOBAL OILFIELD CHEMICALS MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. BIOCIDES

4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast

4.3. CORROSION & SCALE INHIBITORS

4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast

4.4. DEMULSIFIERS

4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast

4.5. SURFACTANTS

4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast

4.6. POLYMERS

4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast

4.7. GELLANTS & VISCOSIFIER

4.7.1. Key Market Trends, Growth Factors, and Opportunities
4.7.2. Market Size and Forecast

4.8. OTHER CHEMICALS

4.8.1. Key Market Trends, Growth Factors, and Opportunities
4.8.2. Market Size and Forecast

Chapter: 5. GLOBAL OILFIELD CHEMICALS MARKET, BY APPLICATION

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. DRILLING FLUIDS

5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast

5.3. CEMENTING

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast

5.4. ENHANCED OIL RECOVERY

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast

5.5. PRODUCTION CHEMICALS

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast

5.6. WELL STIMULATION

5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast

5.7. WORKOVER & COMPLETION

5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast

Chapter: 6. GLOBAL OILFIELD CHEMICALS MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast by type
6.2.3.2. Market size and forecast by application

6.2.4. Canada

6.2.4.1. Market size and forecast by type
6.2.4.2. Market size and forecast by application

6.2.5. Mexico

6.2.5.1. Market size and forecast by type
6.2.5.2. Market size and forecast by application

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast
6.3.3. UK

6.3.3.1. Market size and forecast by type
6.3.3.2. Market size and forecast by application

6.3.4. Germany

6.3.4.1. Market size and forecast by type
6.3.4.2. Market size and forecast by application

6.3.5. France

6.3.5.1. Market size and forecast by type
6.3.5.2. Market size and forecast by application

6.3.6. Denmark

6.3.6.1. Market size and forecast by type
6.3.6.2. Market size and forecast by application

6.3.7. Italy

6.3.7.1. Market size and forecast by type
6.3.7.2. Market size and forecast by application

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast by type
6.3.8.2. Market size and forecast by application

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China

6.4.3.1. Market size and forecast by type
6.4.3.2. Market size and forecast by application

6.4.4. India

6.4.4.1. Market size and forecast by type
6.4.4.2. Market size and forecast by application

6.4.5. Japan

6.4.5.1. Market size and forecast by type
6.4.5.2. Market size and forecast by application

6.4.6. South Korea

6.4.6.1. Market size and forecast by type
6.4.6.2. Market size and forecast by application

6.4.7. Australia

6.4.7.1. Market size and forecast by type
6.4.7.2. Market size and forecast by application

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast by type
6.4.8.2. Market size and forecast by application

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast by type
6.5.3.2. Market size and forecast by application

6.5.4. Argentina

6.5.4.1. Market size and forecast by type
6.5.4.2. Market size and forecast by application

6.5.5. South Africa

6.5.5.1. Market size and forecast by type
6.5.5.2. Market size and forecast by application

6.5.6. Saudi Arabia

6.5.6.1. Market size and forecast by type
6.5.6.2. Market size and forecast by application

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast by type
6.5.7.2. Market size and forecast by application

Chapter: 7. COMPANY PROFILES

7.1. BAKER HUGHES

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. SCHLUMBERGER LTD.

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. HALLIBURTON

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. SOLVAY S.A.

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. ECOLAB INC.

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. NEWPARK RESOURCES INC.

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. BASF SE

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. LUBRIZOL CORPORATION

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. AKZONOBEL NV

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. ALBEMARLE CORP

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 2. GLOBAL BIOCIDE OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 3. GLOBAL CORROSION & SCALE INHIBITORS OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 4. GLOBAL DEMULSIFIERS OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 5. GLOBAL SURFACTANTS OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 6. GLOBAL POLYMERS OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 7. GLOBAL GELLANTS & VISCOSIFIER OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 8. GLOBAL OTHER CHEMICALS OILFIELD CHEMICALS REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 9. GLOBAL OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 10. GLOBAL OILFIELD CHEMICALS IN DRILLING FLUIDS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 11. GLOBAL OILFIELD CHEMICALS IN CEMENTING MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 12. GLOBAL OILFIELD CHEMICALS IN ENHANCED OIL RECOVERY MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 13. GLOBAL OILFIELD CHEMICALS IN PRODUCTION CHEMICALS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 14. GLOBAL OILFIELD CHEMICALS IN WELL STIMULATION MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 15. GLOBAL OILFIELD CHEMICALS IN WORKOVER & COMPLETION MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 16. GLOBAL OILFIELD CHEMICALS MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 17. NORTH AMERICA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 18. NORTH AMERICA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 19. NORTH AMERICA OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2016-2023($MILLION)
TABLE 20. U.S. OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 21. U.S. OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 22. CANADA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 23. CANADA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 24. MEXICO OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 25. MEXICO OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 26. EUROPE OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 27. EUROPE OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 28. EUROPE OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2016-2023($MILLION)
TABLE 29. UK OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 30. UK OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 31. GERMANY OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 32. GERMANY OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 33. FRANCE OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 34. FRANCE OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 35. DENMARK OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 36. DENMARK OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 37. ITALY OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 38. ITALY OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 39. REST OF EUROPE OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 40. REST OF EUROPE OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 41. ASIA-PACIFIC OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 42. ASIA-PACIFIC OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 43. ASIA-PACIFIC OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2016-2023($MILLION)
TABLE 44. CHINA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 45. CHINA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 46. INDIA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 47. INDIA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 48. JAPAN OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 49. JAPAN OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 50. SOUTH KOREA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 51. SOUTH KOREA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 52. AUSTRALIA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 53. AUSTRALIA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 54. REST OF ASIA-PACIFIC OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 55. REST OF ASIA-PACIFIC OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 56. LAMEA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 57. LAMEA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 58. LAMEA OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2016-2023($MILLION)
TABLE 59. BRAZIL OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 60. BRAZIL OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 61. ARGENTINA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 62. ARGENTINA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 63. SOUTH AFRICA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 64. SOUTH AFRICA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 65. SAUDI ARABIA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 66. SAUDI ARABIA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 67. REST OF LAMEA OILFIELD CHEMICALS MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 68. REST OF LAMEA OILFIELD CHEMICALS MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 69. BAKER HUGHES: COMPANY SNAPSHOT
TABLE 70. BAKER HUGHES: OPERATING SEGMENTS
TABLE 71. SCHLUMBERGER LTD: COMPANY SNAPSHOT
TABLE 72. SCHLUMBERGER LTD: OPERATING SEGMENTS
TABLE 73. HALLIBURTON: COMPANY SNAPSHOT
TABLE 74. HALLIBURTON: OPERATING SEGMENTS
TABLE 75. SOLVAY S.A.: COMPANY SNAPSHOT
TABLE 76. SOLVAY S.A.: OPERATING SEGMENTS
TABLE 77. ECOLAB INC.: COMPANY SNAPSHOT
TABLE 78. ECOLAB INC.: OPERATING SEGMENTS
TABLE 79. NEWPARK RESOURCES INC.: COMPANY SNAPSHOT
TABLE 80. NEWPARK RESOURCES INC.: OPERATING SEGMENTS
TABLE 81. BASF SE: COMPANY SNAPSHOT
TABLE 82. BASF SE: OPERATING SEGMENTS
TABLE 83. LUBRIZOL CORPORATION: COMPANY SNAPSHOT
TABLE 84. LUBRIZOL CORPORATION: OPERATING SEGMENTS
TABLE 85. AKZONOBEL NV: COMPANY SNAPSHOT
TABLE 86. AKZONOBEL NV: OPERATING SEGMENTS
TABLE 87. ALBEMARLE CORP.: COMPANY SNAPSHOT
TABLE 88. ALBEMARLE CORP.: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL OILFIELD CHEMICALS MARKET: 2015-2023
FIGURE 2. GLOBAL OILFIELD CHEMICALS MARKET: 2015-2023
FIGURE 3. GLOBAL OILFIELD CHEMICALS MARKET: SEGMENTATION
FIGURE 4. GLOBAL OILFIELD CHEMICALS MARKET SHARE, BY TYPE, 2016 (%)
FIGURE 5. TOP INVESTMENT POCKETS IN OILFIELD CHEMICALS MARKET, 2016-2023
FIGURE 6. TOP WINNING STRATEGIES
FIGURE 7. MARKET PLAYER POSITIONING
FIGURE 8. BARGAINING POWER OF SUPPLIER
FIGURE 9. BARGAINING POWER OF BUYER
FIGURE 10. THREAT OF NEW ENTRANTS
FIGURE 11. THREAT OF SUBSTITUTES
FIGURE 12. INTENSIVE COMPETITIVE RIVALRY
FIGURE 13. DRIVERS AND RESTRAINTS: GLOBAL OILFIELD CHEMICALS MARKET
FIGURE 14. GLOBAL OILFIELD CHEMICALS MARKET: BY TYPE
FIGURE 15. GLOBAL OILFIELD CHEMICALS MARKET: BY APPLICATION
FIGURE 16. GLOBAL OILFIELD CHEMICALS MARKET: BY GEOGRAPHY
FIGURE 17. U.S. OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 18. CANADA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 19. MEXICO OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 20. UK OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 21. GERMANY OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 22. FRANCE OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 23. DENAMRK OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 24. ITALY OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 25. REST OF EUROPE OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 26. CHINA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 27. INDIA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 28. JAPAN OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 29. SOUTH KOREA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 30. AUSTRALIA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 31. REST OF ASIA-PACIFIC OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 32. BRAZIL OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 33. ARGENTINA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 34. SOUTH AFRICA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 35. SAUDI ARABIA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)
FIGURE 36. REST OF LAMEA OILFIELD CHEMICALS MARKET VALUE, 2016-2023($MILLION)

 

Oilfield chemicals are used in various stages of oil & gas exploration to reduce the corrosion in the pipelines. These chemicals help to promote oil production with the consistent flow of oil from well and enable the separation of oil from water & gas. These also reduce the water quantity into the oil well during drilling & exploration. Further, during drilling process, these chemicals reduce the expenses over delays & stoppages by maintaining smooth operation of the oilfield.

The demulsifier segment is expected to witness the highest growth rate, registering a CAGR of 6.1% during the forecast period. Furthermore, in 2016, the corrosion & scale inhibitor was the leading type segment, accounting for around one-third of the total market share. Corrosion & scale inhibitors help control corrosion, foam & wax formation, and bacterial growth, reduce fluid loss during operation and improve process efficiency. The well stimulation application segment is expected to witness the highest growth rate, registering a CAGR of 6.0% during the forecast period.   

North America is the most significant market for oilfield chemicals from 2017 to 2023. U.S. dominated the North American oilfield chemicals market in 2016. North America witnessed the highest demand for oilfield chemicals, owing to the growth in oil gas activities with the advancement in hydraulic fracturing and drilling processes. Moreover, technological advancement and increase in drilling activities are expected to increase the demand for oilfield chemicals in the near future. In addition, Asia-Pacific is expected to witness the highest growth rate, registering a CAGR of 6.7% during the forecast period.

 

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