Oilfield Chemicals Market: Industry Analysis, Geographical Segmentation, Drivers, Challenges, Trends Forecasts Report 2019-2024

(The Express Wire via Comtex)

Global Oilfield Chemicals Industry research report studies latest Oilfield Chemicals aspects market size, share, trends, industry summary and Oilfield Chemicals growth during the forecast period (2019-2024). The study report comprehensively determines several aspects which are very significant while observing global market on a minute level which contains analysis over arise of Oilfield Chemicals industry along with year-on-year manufacturing advancement, business environment and evolution rate over the years.

Global “Oilfield Chemicals Market” report provides detail analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. Using the industrial figures, the market finds growth figures between the forecast period from 2019 - 2024. In order to present an executive-level model of the market and its future perspectives, Oilfield Chemicals Market report presents a clear segmentation based on different parameters. The factors that affect these segments are also discussed in detail in the report.

Following Companies Are Covered by Oilfield Chemicals Market

  • Akzonobel NV
  • Albemarle Corporation
  • Ashland
  • Baker Huges Incorporation
  • BASF SE
  • Canadian Energy Services and Technology Corp. (CESTC)
  • Clariant
  • Croda International PLC
  • DRILLING SPECIALTIES COMPANY (CHEVRON PHILLIPS CHEMICAL COMPANY)
  • DowDuPont
  • Eelementis PLC
  • Exxonmobil Corporation
  • Flotek Industries Inc.
  • Halliburton
  • Huntsman International LLC
  • Innospec
  • Kemira
  • Nalco Champion Technologies Inc. (ECOLAB)
  • Schlumberger Limited
  • Scomi Energy Services BHD (Scomi Group BHD)
  • Solvay
  • The Lubrizol Corporation
  • Zirax Limited

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Market Overview:

  • The oilfield chemicals market is expected to register a CAGR of 4.64% during the forecast period, (2019-2024). This market is driven by a number of factors, such as increasing shale gas exploration and production. The opening of new horizons, due to deep-water drilling operations, is likely to act as key major opportunities for the oilfield chemicals market.
  • - Rising demand for petroleum-based fuel from the transportation industry is expected to drive the demand for the market, during the forecast period.
  • - Clean energy initiatives are likely to hinder the market growth.
  • - Production opportunities provided by developing countries is projected to act as an opportunity for the market, in the future.greater than

Scope of the Report:

  • This report studies the global Oilfield Chemicals market size, industry status and forecast, competition landscape and growth opportunity.

The Research Document Will Answer Following Questions Such as:

What are the cutting-edge technologies responsible for driving the growth of the market?

What are the main applications of the market? What are the growth prospects to the market applications into the market?

At what stage of development are the key market products?

What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?

What is the outlook for the industry?

What difference does performance characteristics of Oilfield Chemicals create from those of established entities?

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Key Market Trends:

Well Stimulation The Fastest Growing Segment, by Application

- The well stimulation segment is expected to expand at a fastest CAGR, during the forecast period. The United States is the largest beneficiary of this technology, due to the increasing activity in unconventional plays.
- The Middle East and Asia-Pacific regions have also shown immense potential in adopting the well stimulation techniques.
- Europe is also expected to shift its focus to the exploration of shale in the North Sea, due to increasing requirement to become more energy self-sufficient.
- Moreover, the advancements in technologies are leading to enhanced oil recovery from existing oil plays, resulting in increased production and higher profitability. Hence, the well stimulation chemicals are expected to have a very fruitful market, in the near future.

North America to Dominate the Market

- The North American region dominated the global market share in 2018, due to the increased emphasis on shale gas production and exploration in the region.
- The United States accounts for the major share in North America, mainly owing to the boom in the shale gas industry, advancements in technologies, and increasing oil exports.
- The shale gas production has been increasing exceptionally over the recent years, and owing to increasing demand from the major developing economies of Asia-Pacific, the demand for natural gas is expected to rise over the forecast period.
- This growing production of shale gas in North America, in turn, is projected to increase the demand for oilfield chemicals over the forecast period.

Reasons for Buying Oilfield Chemicals Market Report:

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a five-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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Detailed TOC of Oilfield Chemicals Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increased Shale Gas Exploration and Production
4.2.2 Rising Demand for Petroleum Based Fuel from the Transportation Industry
4.3 Market Restraints
4.3.1 Clean Energy Initiatives
4.3.2 Other Restraints
4.4 Value Chain/Supply Chain Analysis
4.5 Porters Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Chemical Type
5.1.1 Biocides
5.1.2 Corrosion and Scale Inhibitors
5.1.3 Demulsifiers
5.1.4 Polymers
5.1.5 Surfactants
5.1.6 Other Chemical Types
5.2 Application
5.2.1 Drilling and Cementing
5.2.2 Workover and Completion
5.2.3 Well Stimulation
5.2.4 Production
5.2.5 Enhanced Oil Recovery
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Mexico
5.3.1.3 Canada
5.3.2 Europe
5.3.2.1 Russia
5.3.2.2 Norway
5.3.2.3 United Kingdom
5.3.2.4 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Indonesia
5.3.3.4 Malaysia
5.3.3.5 Thailand
5.3.3.6 Australia and New Zealand
5.3.3.7 Vietnam
5.3.3.8 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Venezuela
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 Iran
5.3.5.3 Iraq
5.3.5.4 United Arab Emirates
5.3.5.5 Kuwait
5.3.5.6 Rest of Middle East

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Akzonobel NV
6.4.2 Albemarle Corporation
6.4.3 Ashland
6.4.4 Baker Huges Incorporation
6.4.5 BASF SE
6.4.6 Canadian Energy Services and Technology Corp. (CESTC)
6.4.7 Clariant
6.4.8 Croda International PLC
6.4.9 DRILLING SPECIALTIES COMPANY (CHEVRON PHILLIPS CHEMICAL COMPANY)
6.4.10 DowDuPont
6.4.11 Eelementis PLC
6.4.12 Exxonmobil Corporation
6.4.13 Flotek Industries Inc.
6.4.14 Halliburton
6.4.15 Huntsman International LLC
6.4.16 Innospec
6.4.17 Kemira
6.4.18 Nalco Champion Technologies Inc. (ECOLAB)
6.4.19 Schlumberger Limited
6.4.20 Scomi Energy Services BHD (Scomi Group BHD)
6.4.21 Solvay
6.4.22 The Lubrizol Corporation
6.4.23 Zirax Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 New Horizons Opened Up, due to Deep-water Drilling Operations
7.2 Production Opportunities Provided by Developing Countries

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