Specialty Oilfield Chemicals Market Share, Size 2018 Industry Attractive Strategies, Competitive Landscape, Key Players and Future Scope 2023

Specialty Oilfield Chemicals Industry
Specialty Oilfield Chemicals Market 2018 Industry and forecast to 2023 report analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, analysis, size, share, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

Market Synopsis:

Specialty oilfield chemicals are used to improve the efficiency of oil recovery from oil wells and reduce the environmental impact of the recovery process. They are mainly applicable in the oil & gas industry during drilling, cementing, production, stimulation, and enhanced oil recovery (EOR). Furthermore, these chemicals are used to prevent wax formation in oil, oil-water emulsion, and scaling and corrosion of pipe walls. In addition, these chemicals find application as drilling fluids, fluid loss control additives, gas blocking additives, deoiler, and cement retarders, among others. Apart from this, specialty oil chemicals are used as flocculants and coagulants in process water, waste oil, and oil sludge treatment.  

The increasing demand for specialty oilfield chemicals in the oil & gas industry is expected to propel market growth during the forecast period. These chemicals prevent corrosion and scale formation in pipelines, thus reducing losses. Moreover, they are used for microbial control in oil refining, such as controlling the growth of sulfate-reducing bacteria to minimize the formation of H2S. The varied applications of the chemicals are projected to fuel demand for the product in the years to follow.

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Key Players:

Some of the leading players in the global specialty oilfield chemicals market are BASF SE (Germany), Solvay (Belgium), Akzo Nobel NV (Netherlands), Huntsman International LLC (US), Thermax Global (India), Sadara (Saudi Arabia), DowDuPont (US), Shrieve (US), SMC Oilfield Chemicals (US), Roemex Limited (UK), KMCO LLC (US), and Global Drilling Fluids & Chemicals Limited (India)

Regional Analysis:

The global specialty oilfield chemicals market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America accounted for the largest share of the global specialty oilfield chemicals market in 2017. This is mainly due to the increased use of these chemicals in the oil & gas industry.

The Middle East & Africa and Asia-Pacific are the other substantial markets for specialty oilfield chemicals. The Middle East & Africa is the second-largest market due to the increasing product demand in major oil-producing countries such as Saudi Arabia, Iran, and Kuwait. Lastly, the markets in Europe and Latin America are expected to witness moderate growth during the forecast period.

Market Segmentation:

The global specialty oilfield chemicals market has been segmented on the basis of application, type, and region.

Based on application, the global specialty oilfield chemicals market has been categorized as drilling, cementing, production, enhanced oil recovery (EOR), and stimulation.

Based on type, the global specialty oilfield chemicals market has been divided into demulsifier, deoiler, biocide, fluid loss additive, corrosion inhibitor, scale inhibitor, clay stabilizer, pour point depressant, and others.

The global specialty oilfield chemicals market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Intended Audience:

  • Specialty oilfield chemicals manufacturers
  • Traders and distributors of specialty oilfield chemicals
  • Research and development institutes
  • Potential investors
  • Raw material suppliers
  • Nationalized laboratories

 

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DC Description:

  • Specialty chemicals
  • Drilling chemicals
  • Cementing additives
  • Drilling muds
  • Water separation

 

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

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