MENA Specialty Oilfield Chemicals Market - Industry Trends and Forecast to 2030
The specialty oilfield chemicals market is expected to reach USD 241.80 million by 2030 from USD 176.50 million in 2022, growing at a CAGR of 4.1% during the forecast period of 2023 to 2030.
Market Segmentation MENA specialty oilfield chemicals market, By Type (surfactants, demulsifiers, inhibitors, biocides, fluid loss additives, rheology modifiers, foamers, polymers, lubricants/friction reducers, pour point depressant, iron control agents, scavenger, gellants and viscofiers, retarders, and others), Application (drilling, well stimulation, production, enhanced oil recovery (EOR), cement, workover & completion, and others), Specialty Oilfield Location (onshore and offshore) - Industry Trends and Forecast to 2030
Overview of Specialty oilfield chemicals Market Dynamics
Driver
• Increasing extraction of crude oil from new and unconventional reserves
Restraint
• Increasing stringent environmental regulations and geopolitical issues
Opportunity
• Better production methods and improving monitoring of plant
Market Players Some of the major market players operating in the specialty oilfield chemicals market are
• BASF SE • Solvay • Dow • Baker Hughes Company • Clariant • Evonik Industries AG • Kemira • Thermax Limited • Huntsman International LLC • Innospec • Stepan Company • EMEC • Chevron Phillips Chemical Company LLC • Versalis S.p.A. • Halliburton • Albemarle Inc. • ChampionX
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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Mena Specialty Oilfield Chemicals Market
1.4 Limitation
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Type Life Line Curve
2.7 Multivariate Modeling
2.8 Primary Interviews With Key Opinion Leaders
2.9 Dbmr Market Position Grid
2.10 Market Application Coverage Grid
2.11 Dbmr Market Challenge Matrix
2.12 Vendor Share Analysis
2.13 Secondary Sources
2.14 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestel Analysis
4.2 Porter Five Forces Analysis
4.3 Raw Material Coverage
4.3.1 Production Consumption Analysis
4.3.2 Import-export Scenario
4.3.3 Technological Advancements By Manufacturers
4.3.4 Vendor Selection Criteria
4.4 Regulatory Coverage
4.4.1 Product Codes
4.4.2 Certified Standards
4.4.3 Safety Standards
4.4.3.1 Material And Handling
4.4.3.2 Transportation And Precaution
4.4.3.3 Transportation And Precaution
4.5 Production Insights
5 Climate Change Scenario
5.1 Environmental Concerns
5.2 Industry Response
5.3 Government’s Role
5.4 Analyst Recommendations
6 Pricing Analysis
7 Supply Chain Analysis
7.1 Logistic Cost Scenario
7.2 Importance Of Logistics Service Providers
8 Market Overview
8.1 Drivers
8.1.1 Increasing Extraction Of Crude Oil From New And Unconventional Reserves
8.1.2 Rise In The Demand For Petroleum In The Automotive Industry
8.1.3 Increasing Demand For Equipment Protection Chemicals
8.1.4 Huge Demand For Wax-free Oil Products
8.1.5 Growing Oil Exploration & Production Activities
8.2 Restraints
8.2.1 Increasing Stringent Environmental Regulations And Geopolitical Issues
8.2.2 Fluctuation In The Crude Oil Prices
8.3 Opportunities
8.3.1 Better Production Methods And Improving Monitoring Of Plant
8.3.2 Increase In Aging Oil Reservoirs And Discoveries Of New Oil Fields
Figure 11 Mena Specialty Oilfield Chemicals Market: The Market Challenge Matrix
Figure 12 Mena Specialty Oilfield Chemicals Market: Vendor Share Analysis
Figure 13 Mena Specialty Oilfield Chemicals Market: Segmentation
Figure 14 Increasing Extraction Of Crude Oil From New And Unconventional Reserves Is Expected To Drive The Mena Specialty Oilfield Chemicals Market In The Forecast Period Of 2023 To 2030
Figure 15 Surfactants Segment Is Expected To Account For The Largest Share Of The Mena Specialty Oilfield Chemicals Market In 2022 & 2030
Figure 16 Drivers, Restraints, Opportunities And Challenges Of Mena Specialty Oilfield Chemicals Market
Figure 17 Mena Specialty Oil Field Chemicals Market: By Type, 2022
Figure 18 Mena Specialty Oil Field Chemicals Market: By Type, 2023-2030 (Usd Million)
Figure 19 Mena Specialty Oil Field Chemicals Market: By Type, Cagr (2023-2030)
Figure 20 Mena Specialty Oil Field Chemicals Market: By Type, Lifeline Curve
Figure 21 Mena Specialty Oil Field Chemicals Market: By Application, 2022
Figure 22 Mena Specialty Oil Field Chemicals Market: By Application, 2023-2030 (Usd Million)
Figure 23 Mena Specialty Oil Field Chemicals Market: By Application, Cagr (2023-2030)
Figure 24 Mena Specialty Oil Field Chemicals Market: By Application, Lifeline Curve
Figure 25 Mena Specialty Oil Field Chemicals Market: By Specilaty Oilfiled Location, 2022
Figure 26 Mena Specialty Oil Field Chemicals Market: By Specilaty Oilfiled Location, 2023-2030 (Usd Million)
Figure 27 Mena Specialty Oil Field Chemicals Market: By Specilaty Oilfiled Location, Cagr (2023-2030)
Figure 28 Mena Specialty Oil Field Chemicals Market: By Specilaty Oilfiled Location, Lifeline Curve
Figure 29 Mena Specialty Oilfield Chemicals Market: Snapshot (2022)
Figure 30 Mena Specialty Oilfield Chemicals Market: By Country (2022)
Figure 31 Mena Specialty Oilfield Chemicals Market: By Country (2023 & 2030)
Figure 32 Mena Specialty Oilfield Chemicals Market: By Country (2022 & 2030)
Figure 33 Mena Specialty Oilfield Chemicals Market: By Type (2023-2030)
Figure 34 Mena Specialty Oilfield Chemicals Market: Company Share 2022 (%)