Oilfield Chemicals Market Opportunities 2031
The oilfield chemicals market is expected to grow from US$ 33.05 billion in 2022 to US$ 47.92 billion by 2031. It is expected to grow at a CAGR of 4.8% from 2022 to 2031.
The chemical compounds used for enhancing the efficiency of operations associated with oilfield sites for applications such as drilling, production, completion, and other operations are termed as oilfield chemicals. Oilfield chemicals are utilized during exploration, drilling, production, transportation, and distillation processes. The surge in gas drilling, deep water and ultra-deep water drilling projects is projected to propel the demand for oilfield chemicals. Moreover, the rising government investments from several countries to improve the oil & gas infrastructure is anticipated to boost the oilfield chemicals market.
The oilfield chemicals market in North America is segmented into the US, Canada and Mexico. According to the Council on Foreign Relations report, the US is the world’s largest producer of oil and gas. Moreover, the popular “shale revolution” increased the oil and gas production in the US. The adoption of novel technologies has led to fueling of offshore oil and gas extraction. According to the report by US Energy Information Administration (EIA) published in 2021, a majority of offshore drilling in the US occurs in the Gulf of Mexico. The US is a hub to a few major oil and gas market players such as Chevron Corporation, ExxonMobil Corporation, ConocoPhillips Company, and Occidental Petroleum Corporation. According to the report by Environmental and Energy Study Institute (EESI), the US government provides direct and indirect subsidies to the oil & gas industry. The direct subsidies include intangible drilling costs deduction, which allows companies to deduct a significant amount of costs incurred from domestic drilling new wells. Moreover, according to the Canadian Association of Petroleum Producers (CAPP), the global oil demand is expected to rise by 5% by 2031, whereas the demand for natural gas is anticipated to rise by 15% by 2031. Therefore, the aforementioned factors are responsible for accelerating the oil & gas industry in North America. The growth of the oil & gas industry, along with related operations, is projected to boost the oilfield chemicals market in the region.
Strategic Insights
Market Insights
Growing Demand for Petroleum-Based Fuel from Transportation Industry to Drive Oilfield Chemicals Market
According to the International Energy Agency report, the global oil consumption is anticipated to reach 104.1 million barrels/day by 2031, which is a rise of 4.4 million barrels/day from 2021 global oil consumption trend. The rise in oil drilling, production and exploration operations is expected to increase during the forecast period. In 2021, a report by India Brand Equity Foundation revealed that Oil and Natural Gas Corporation (ONGC) supposedly invested US$ 2.73 billion for petroleum operations such as drilling oil and gas wells. Moreover, foreign investors are expected to have opportunities to engage in petroleum and natural gas projects. By 2022, the project worth was estimated to be a sum of US$ 300 billion in India owing to the rising independency towards oil, reducing imports by 10%. Moreover, the rise in the demand for petrochemical products is expected to contribute to the rising demand for oil during the forecast period. Therefore, many oil producing countries are establishing petrochemical infrastructure to meet the rising demand. Thus, the demand for oilfield chemicals is anticipated to catalyze with the increasing oil and gas exploration projects during the forecast period.
Product Type-Based Insights
Based on type, the oilfield chemicals market is segmented into polymers, corrosion and scale inhibitors, demulsifiers, surfactants, gallants and viscosifiers, and others. In 2021, the polymers segment held the largest market share.
SMC Oilfield Chemicals, Clariant AG, Solvay SA, Kraton Corporation, BASF SE, Albemarle Corporation, DowDuPont Inc., Kemira Oyj, Chevron Phillips Chemical Company LLC, and Nouryon Chemicals Holding BV are among the key players in the oilfield chemicals market. The leading players adopt strategies such as mergers & acquisitions and product launches to expand their geographic presence and clientele.
Report Spotlights
- Progressive trends in the oilfield chemicals industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the oilfield chemicals market from 2021 to 2031
- Estimation of the demand for oilfield chemicals
- Porter’s Five Forces Analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the oilfield chemicals market growth
- Understanding strategies that underpin commercial interest with regard to the global market growth, aiding in the decision-making process
- Oilfield chemicals market size at various nodes of market
- Detailed overview and segmentation of the oilfield chemicals market, and its industry dynamics
- Oilfield chemicals market size in various regions with promising growth opportunities
The "Global Oilfield Chemicals Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry, focusing on the oilfield chemicals market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The global market is segmented on the basis of type, and application. Based on type, the market is divided into polymers, corrosion and scale inhibitors, demulsifiers, surfactants, gallants and viscosifiers, and others. By application, the market is divided into drilling, cementing, enhanced oil recovery, production chemicals, well stimulation, and workover and completion.
Company Profiles
- SMC Oilfield Chemicals
- Clariant AG
- Solvay SA
- Kraton Corporation
- BASF SE
- Albemarle Corporation
- DowDuPont Inc.
- Kemira Oyj
- Chevron Phillips Chemical Company LLC.
- Nouryon Chemicals Holding BV
- 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.
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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