Oilfield Chemicals Market Strategies, Trends, and Forecast by 2031
The Oilfield Chemicals Market is expected to register a CAGR of 5.2% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Polymers, Corrosion and Scale Inhibitors, Demulsifiers, Biocides, Friction Reducers, Flocculants and Coagulants, Fluid Loss Additives, and Others). The report is also segmented based on Operation (Onshore, Offshore) and Application (Drilling, Cementing, Production, Enhanced Oil Recovery, Stimulation, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Oilfield Chemicals Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Oilfield Chemicals Market Segmentation
Type- Polymers
- Corrosion and Scale Inhibitors
- Demulsifiers
- Biocides
- Friction Reducers
- Flocculants and Coagulants
- Fluid Loss Additives
- Onshore
- Offshore
Strategic Insights
Oilfield Chemicals Market Growth Drivers- Increase in Global Energy Demand: The growing global demand for energy, particularly oil and gas, is a significant driver for the oilfield chemicals market. As exploration and production activities ramp up to meet energy needs, oilfield chemicals are critical for improving drilling efficiency, enhancing production, and managing reservoir conditions. This demand for oil and gas products is fueling the need for various chemicals used in exploration, extraction, and refining processes.
- Technological Advancements in Drilling and Extraction Techniques: Innovations in drilling technologies, such as hydraulic fracturing (fracking) and horizontal drilling, have increased the efficiency of oil and gas production. These advanced extraction methods rely heavily on the use of specialized oilfield chemicals that improve performance, reduce environmental impact, and ensure the safety and longevity of equipment. The ongoing evolution of drilling techniques is driving the growth of the oilfield chemicals market.
- Increase in Offshore Oil and Gas Exploration: The shift towards deepwater and offshore oil exploration is accelerating, and this requires specialized oilfield chemicals capable of performing in harsh environmental conditions. Offshore operations need chemicals for enhanced oil recovery, corrosion inhibition, and drilling fluid functions. The growing number of offshore projects is thus contributing to the increased demand for specialized oilfield chemicals in these challenging environments.
- Shift Towards Eco-friendly and Biodegradable Chemicals: There is a growing trend toward the adoption of eco-friendly and biodegradable oilfield chemicals due to increasing environmental concerns and tightening regulations. Companies in the oil and gas industry are focusing on reducing their environmental footprint, and using greener chemicals for drilling, production, and treatment processes is gaining traction. This shift is encouraging the development and adoption of sustainable alternatives in the oilfield chemicals market.
- Demand for Specialized Chemicals for Enhanced Oil Recovery (EOR): With the depletion of conventional oil reserves, there is a rising trend in enhanced oil recovery (EOR) techniques, which rely on the use of specialized chemicals such as surfactants, polymers, and solvents. These chemicals are used to improve the extraction of oil from mature fields. The growth in EOR operations is fueling demand for oilfield chemicals that enhance the efficiency and effectiveness of these recovery processes.
- Integration of Digital Technologies in Chemical Management: The oil and gas industry is increasingly integrating digital technologies, such as data analytics and IoT-based systems, into chemical management processes. These technologies help optimize chemical usage, monitor chemical conditions in real-time, and reduce waste. As digitalization continues to grow, the oilfield chemicals market is benefiting from advancements that improve efficiency, performance, and cost management in chemical applications.
- Opportunities in Unconventional Oil and Gas Resources: The exploration and production of unconventional oil and gas resources, such as shale oil and gas, are creating significant opportunities for the oilfield chemicals market. These resources require specialized chemicals for hydraulic fracturing, well stimulation, and production enhancement. As the exploration of unconventional resources grows globally, there will be a rising demand for chemicals tailored to these specific applications.
- Opportunities in Emerging Markets: The increasing energy consumption in emerging economies, particularly in Asia-Pacific, Latin America, and the Middle East, presents substantial growth opportunities for the oilfield chemicals market. As these regions expand their oil and gas exploration activities, there will be a higher demand for a wide range of chemicals used in drilling, production, and reservoir management. This growth will open up new markets for oilfield chemical manufacturers.
- Opportunities in Oilfield Wastewater Treatment: The oil and gas industry faces challenges with wastewater management, and oilfield chemicals are essential in treating and recycling wastewater during exploration and production activities. Chemicals used for water treatment, such as flocculants and biocides, play a critical role in maintaining water quality and minimizing environmental impact. With increasing regulations and the need for sustainable practices, the demand for oilfield chemicals in wastewater treatment is poised for growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Oilfield Chemicals Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Oilfield Chemicals Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Based on geography, Asia Pacific is expected to register the fastest CAGR from 2023 to 2031.
Growth in shale gas exploration is one of the key opportunities for the market growth.
Albermarle Corporation, BASF SE, Chevron Phillips Chemical Company LLC, Clariant AG, DowDupont Inc, Halliburton Energy Services Inc, Kemira Oyj, Kraton Corporation, Nouryon Chemicals Holding BV, and Solvay SA are among the leading players operating in the oilfield chemicals market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Increased exploration and production activities is driving the market growth
The Oilfield Chemicals Market is estimated to witness a CAGR of 5.2% from 2023 to 2031
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Oilfield chemicals Market – By Type
1.3.2 Global Oilfield chemicals Market – By Application
1.3.3 Global Oilfield chemicals Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Oilfield Chemicals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Market Positioning – Global Market Players
4.4 Expert Opinions
5. Oilfield Chemicals Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growth in Oil Exploration and Production Activities
5.1.2 Increasing Demand for Advanced Drilling Fluids
5.2 Key Market Restraints
5.2.1 Crude Oil Price Fluctuations
5.3 Key Market Opportunities
5.3.1 Investments in the Energy Sector by India and China
5.4 Key Future Trends
5.4.1 Development of Eco-Friendly Oilfield Chemicals
5.5 Impact Analysis
6. Oilfield Chemical Market Analysis And Forecasts To 2027 – Type
6.1 Overview
6.2 Global Oilfield Chemical Market Share by Type 2018 & 2027 (%)
6.3 Corrosion and Scale Inhibitors
6.3.1 Overview
6.3.2 Corrosion and Scale Inhibitors Market Revenue and Forecast to 2027 (US$ Mn)
6.4 Demulsifiers
6.4.1 Overview
6.4.2 Demulsifiers Market Revenue and Forecast to 2027 (US$ Mn)
6.5 Surfactants
6.5.1 Overview
6.5.2 Surfactants Market Revenue and Forecast to 2027 (US$ Mn)
6.5.3 Surfactants Market Revenue And Forecasts To 2027 (US$ Mn)
6.6 Polymers
6.6.1 Overview
6.6.2 Polymers Market Revenue and Forecast to 2027 (US$ Mn)
6.6.3 Polymers Market Revenue And Forecasts To 2027 (US$ Mn)
6.7 Gellants and Viscosifiers
6.7.1 Overview
6.7.2 Gellants and Viscosifiers Market Revenue and Forecast to 2027 (US$ Mn)
6.7.3 Gellants and Viscosifiers Market Revenue And Forecasts To 2027 (US$ Mn)
6.8 Others
6.8.1 Overview
6.8.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
6.8.3 Others Market Revenue And Forecasts To 2027 (US$ Mn)
7. Oilfield Chemical Market Analysis And Forecasts To 2027 – Application
7.1 Overview
7.2 Global Oilfield Chemical Market Share by Application 2018 & 2027 (%)
7.3 Drilling
7.3.1 Overview
7.3.2 Drilling Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Cementing
7.4.1 Overview
7.4.2 Cementing Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Enhanced Oil Recovery
7.5.1 Overview
7.5.2 Enhanced Oil Recovery Market Revenue and Forecast to 2027 (US$ Mn)
7.6 Production Chemicals
7.6.1 Overview
7.6.2 Production Chemicals Market Revenue and Forecast to 2027 (US$ Mn)
7.6.3 Production Chemicals Market Revenue And Forecasts To 2027 (US$ Mn)
7.7 Well Stimulation
7.7.1 Overview
7.7.2 Well Stimulation Market Revenue and Forecast to 2027 (US$ Mn)
7.7.3 Well Stimulation Market Revenue And Forecasts To 2027 (US$ Mn)
7.8 Workover and Completion
7.8.1 Overview
7.8.2 Workover and Completion Market Revenue and Forecast to 2027 (US$ Mn)
7.8.3 Workover and Completion Market Revenue And Forecasts To 2027 (US$ Mn)
8. Oilfield Chemicals Market – Geographic Analysis
8.1 Overview
8.2 North America Oilfield Chemicals Market Revenue And Forecasts To 2027
8.2.1 North America Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ Mn)
8.2.2 North America Oilfield Chemicals Market Breakdown by Type
8.2.3 North America Oilfield Chemicals Market Breakdown by Application
8.2.4 North America Oilfield Chemicals Market Breakdown, by Key Countries
8.2.4.1 US Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.2.4.1.1 US Oilfield Chemicals Market Breakdown by Type
8.2.4.1.2 US Oilfield Chemicals Market Breakdown by Application
8.2.4.2 Canada Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.2.4.2.1 Canada Oilfield Chemicals Market Breakdown by Type
8.2.4.2.2 Canada Oilfield Chemicals Market Breakdown by Application
8.2.4.3 Mexico Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.2.4.3.1 Mexico Oilfield Chemicals Market Breakdown by Type
8.2.4.3.2 Mexico Oilfield Chemicals Market Breakdown by Application
8.3 Europe Oilfield Chemicals Market Revenue And Forecasts To 2027
8.3.1 Europe Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ Mn)
8.3.2 Europe Oilfield Chemicals Market Breakdown by Type
8.3.3 Europe Oilfield Chemicals Market Breakdown by Application
8.3.4 Europe Oilfield Chemicals Market Breakdown, by Key Countries
8.3.4.1 Denmark Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.3.4.1.1 Denmark Oilfield Chemicals Market Breakdown by Type
8.3.4.1.2 Denmark Oilfield Chemicals Market Breakdown by Application
8.3.4.2 Norway Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.3.4.2.1 Norway Oilfield Chemicals Market Breakdown by Type
8.3.4.2.2 Norway Oilfield Chemicals Market Breakdown by Application
8.3.4.3 United Kingdom Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.3.4.3.1 United Kingdom Oilfield Chemicals Market Breakdown by Type
8.3.4.3.2 United Kingdom Oilfield Chemicals Market Breakdown by Application
8.3.4.4 Russia Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.3.4.4.1 Russia Oilfield Chemicals Market Breakdown by Type
8.3.4.4.2 Russia Oilfield Chemicals Market Breakdown by Application
8.3.4.5 Rest of Europe Oilfield Chemicals Market Revenue Forecasts to 2027 (US$ MN)
8.3.4.5.1 Rest of Europe Oilfield Chemicals Market Breakdown by Type
8.3.4.5.2 Rest of Europe Oilfield Chemicals Market Breakdown by Application
8.4 Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027
8.4.1 Asia-Pacific Oilfield Chemical Market Revenue Forecasts to 2027 (US$ Mn)
8.4.2 Asia-Pacific Oilfield Chemical Market Breakdown by Type
8.4.3 Asia-Pacific Oilfield Chemical Market Breakdown by Application
8.4.4 Asia-Pacific Oilfield Chemical Market Breakdown, by Key Countries
8.4.4.1 Australia Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.1.1 Australia Oilfield Chemical Market Breakdown by Type
8.4.4.1.2 Australia Oilfield Chemical Market Breakdown by Application
8.4.4.2 China Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.2.1 China Oilfield Chemical Market Breakdown by Type
8.4.4.2.2 China Oilfield Chemical Market Breakdown by Application
8.4.4.3 India Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.3.1 India Oilfield Chemical Market Breakdown by Type
8.4.4.3.2 India Oilfield Chemical Market Breakdown by Application
8.4.4.4 Indonesia Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.4.1 Indonesia Oilfield Chemical Market Breakdown by Type
8.4.4.4.2 Indonesia Oilfield Chemical Market Breakdown by Application
8.4.4.5 Malaysia Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.5.1 Malaysia Oilfield Chemical Market Breakdown by Type
8.4.4.5.2 Malaysia Oilfield Chemical Market Breakdown by Application
8.4.4.6 Rest of Asia-Pacific Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.4.4.6.1 Rest of Asia-Pacific Oilfield Chemical Market Breakdown by Type
8.4.4.6.2 Rest of Asia-Pacific Oilfield Chemical Market Breakdown by Application
8.5 Middle East And Africa Oilfield Chemical Market Revenue And Forecasts To 2027
8.5.1 Middle East & Africa Oilfield Chemical Market Revenue Forecasts to 2027 (US$ Mn)
8.5.2 Middle East & Africa Oilfield Chemical Market Breakdown by Type
8.5.3 Middle East & Africa Oilfield Chemical Market Breakdown by Application
8.5.4 Middle East and Africa Oilfield Chemical Market Breakdown, by Key Countries
8.5.4.1 Iran Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.5.4.1.1 Iran Oilfield Chemical Market Breakdown by Type
8.5.4.1.2 Iran Oilfield Chemical Market Breakdown by Application
8.5.4.2 Saudi Arabia Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.5.4.2.1 Saudi Arabia Oilfield Chemical Market Breakdown by Type
8.5.4.2.2 Saudi Arabia Oilfield Chemical Market Breakdown by Application
8.5.4.3 U.A.E Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.5.4.3.1 U.A.E Oilfield Chemical Market Breakdown by Type
8.5.4.3.2 U.A.E Oilfield Chemical Market Breakdown by Application
8.5.4.4 Rest of Middle East and Africa Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.5.4.4.1 Rest of Middle East and Africa Oilfield Chemical Market Breakdown by Type
8.5.4.4.2 Rest of Middle East and Africa Oilfield Chemical Market Breakdown by Application
8.6 South America Oilfield Chemical Market Revenue And Forecasts To 2027
8.6.1 South America Oilfield Chemical Market Revenue Forecasts to 2027 (US$ Mn)
8.6.2 South America Oilfield Chemical Market Breakdown by Type
8.6.3 South America Oilfield Chemical Market Breakdown by Application
8.6.4 South America Oilfield Chemical Market Breakdown, by Key Countries
8.6.4.1 Brazil Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.6.4.1.1 Brazil Oilfield Chemical Market Breakdown by Type
8.6.4.1.2 Brazil Oilfield Chemical Market Breakdown by Application
8.6.4.2 Venezuela Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.6.4.2.1 Venezuela Oilfield Chemical Market Breakdown by Type
8.6.4.2.2 Venezuela Oilfield Chemical Market Breakdown by Application
8.6.4.3 Rest of SAM Oilfield Chemical Market Revenue Forecasts to 2027 (US$ MN)
8.6.4.3.1 Rest of SAM Oilfield Chemical Market Breakdown by Type
8.6.4.3.2 Rest of SAM Oilfield Chemical Market Breakdown by Application
9. Industry Landscape
9.1 merger
9.2 Expansion
9.3 Collaboration
9.4 Product news
10. Oilfield Chemicals Market–Key Company Profiles
10.1 Halliburton
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products Portfolio
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Solvay
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Product Portfolio
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 The Lubrizol Corporation
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products Portfolio
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Schlumberger Limited
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Product Portfolio
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Albemarle Corporation
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products Portfolio
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Baker Hughes, a GE Company
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 BASF SE
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Ecolab Inc.
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Nouryon
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Newpark Resources Inc.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Product Portfolio
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary
LIST OF TABLES
Table 1. North America Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 2. North America Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 3. US Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 4. US Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 5. Canada Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US $ Mn)
Table 6. Canada Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US $ Mn)
Table 7. Mexico Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 8. Mexico Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 9. Europe Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 10. Europe Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 11. Denmark Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 12. Denmark Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 13. Norway Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 14. Norway Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 15. United Kingdom Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 16. United Kingdom Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 17. Russia Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 18. Russia Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 19. Rest of Europe Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 20. Rest of Europe Oilfield Chemicals Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 21. Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 22. Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 23. Australia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 24. Australia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application(US$ Mn)
Table 25. China Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 26. China Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 27. India Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 28. India Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 29. Indonesia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 30. Indonesia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 31. Malaysia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 32. Malaysia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 33. Rest of Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 34. Rest of Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 35. Middle East & Africa Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 36. Middle East & Africa Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 37. Iran Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 38. Iran Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 39. Saudi Arabia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 40. Saudi Arabia Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 41. U.A.E Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 42. U.A.E Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 43. Rest of Middle East and Africa Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 44. Rest of Middle East and Africa Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 45. South America Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 46. South America Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 47. Brazil Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 48. Brazil Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 49. Venezuela Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 50. Venezuela Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 51. Rest of SAM Oilfield Chemical Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 52. Rest of SAM Oilfield Chemical Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 53. Glossary of Terms, Analog-to-Digital Converter Market
LIST OF FIGURES
Figure 1. Oilfield chemicals Market Segmentation
Figure 2. Oilfield chemicals Market Segmentation – By Region
Figure 3. Global Oilfield chemicals Market Overview
Figure 4. Drilling Fluids Segment Is Expected To Show Remarkable Traction During The Forecast Period
Figure 5. North America Region Held Largest Share In The Global Oilfield chemicals market
Figure 6. Global Oilfield chemicals Market, Industry Landscape
Figure 7. North America - PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Oilfield Chemical Market – Asia Pacific PEST Analysis
Figure 10. Oilfield Chemical Market – Middle East & Africa PEST Analysis
Figure 11. South America - PEST Analysis
Figure 12. Expert Opinion
Figure 13. Impact Analysis of Drivers And Restraints
Figure 14. Global Oilfield Chemical Market Share by Type 2018 & 2027 (%)
Figure 15. Corrosion and Scale Inhibitors Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Demulsifiers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. Global Oilfield Chemical Market Share by Application 2018 & 2027 (%)
Figure 18. Drilling Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 19. Cementing Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. Enhanced Oil Recovery Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 21. Oilfield Chemicals Market, Breakdown By Regions, 2018 & 2027 (%)
Figure 22. North America Oilfield Chemicals Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 23. North America Oilfield Chemicals Market Breakdown By Type, 2018 & 2027 (%)
Figure 24. North America Oilfield Chemicals Market Breakdown By Application, 2018 & 2027 (%)
Figure 25. North America Oilfield Chemicals Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 26. US Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 27. Canada Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 28. Mexico Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 29. Europe Oilfield Chemicals Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 30. Europe Oilfield Chemicals Market Breakdown By Type, 2018 & 2027 (%)
Figure 31. Europe Oilfield Chemicals Market Breakdown By Application, 2018 & 2027 (%)
Figure 32. Europe Oilfield Chemicals Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 33. Denmark Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 34. Norway Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 35. United Kingdom Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 36. Russia Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 37. Rest Of Europe Oilfield Chemicals Market Forecasts To 2027 (US$ Mn)
Figure 38. Asia-Pacific Oilfield Chemical Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 39. Asia-Pacific Oilfield Chemical Market Breakdown By Type, 2018 & 2027 (%)
Figure 40. Asia-Pacific Oilfield Chemical Market Breakdown by Application, 2018 & 2027 (%)
Figure 41. Asia-Pacific Oilfield Chemical Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 42. Australia Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 43. China Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 44. India Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 45. Indonesia Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 46. Malaysia Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 47. Rest Of Asia-Pacific Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 48. Middle East & Africa Oilfield Chemical Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 49. Middle East & Africa Oilfield Chemical Market Breakdown by Type, 2018 & 2027 (%)
Figure 50. Middle East & Africa Oilfield Chemical Market Breakdown By Application, 2018 & 2027 (%)
Figure 51. Middle East And Africa Oilfield Chemical Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 52. Iran Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 53. Saudi Arabia Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 54. U.A.E Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 55. Rest Of Middle East And Africa Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 56. South America Oilfield Chemical Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 57. South America Oilfield Chemical Market Breakdown By Type, 2018 & 2027 (%)
Figure 58. South America Oilfield Chemical Market Breakdown By Application, 2018 & 2027 (%)
Figure 59. South America Oilfield Chemical Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 60. Brazil Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 61. Venezuela Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
Figure 62. Rest Of SAM Oilfield Chemical Market Forecasts To 2027 (US$ Mn)
The List of Companies
- Akzo Nobel N.V.
- Albemarle Corporation
- Baker Hughes
- BASF SE
- Ecolab
- Halliburton
- Newpark Resources Inc.
- Schlumberger Ltd
- Solvay
- The Lubrizol Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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