Global Oilfield Chemicals Market Growth 2023-2029
Oilfield chemicals refers to a series of chemicals used in the process of petroleum and gas drilling, mining and transportation, water treatment and enhanced oil recovery. The applications of oilfield chemicals in oilfield include drilling fluids, cementing, completion, stimulation, production and EOR (Enhanced Oil Recovery Chemicals), delivery, etc.
LPI (LP Information)' newest research report, the “Oilfield Chemicals Industry Forecast” looks at past sales and reviews total world Oilfield Chemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Oilfield Chemicals sales for 2023 through 2029. With Oilfield Chemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oilfield Chemicals industry.
This Insight Report provides a comprehensive analysis of the global Oilfield Chemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oilfield Chemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oilfield Chemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oilfield Chemicals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oilfield Chemicals.
The global Oilfield Chemicals market size is projected to grow from US$ 32880 million in 2022 to US$ 46200 million in 2029; it is expected to grow at a CAGR of 46200 from 2023 to 2029.
Global Oilfield Chemicals key players include Schlumberger, Halliburton, Dow, Nalco Champion, etc. Global top four manufacturers hold a share over 30%.
North America is the largest market, with a share about 50%, followed by Latin America and Asia Pacific, both have a share about 25 percent.
In terms of product, Oilfield Production & Delivery is the largest segment, with a share about 30%. And in terms of application, the largest application is Oil and Gas, followed by Shale Gas.
This report presents a comprehensive overview, market shares, and growth opportunities of Oilfield Chemicals market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alkyl Phenols and Ethoxylated Aps
Glutaraldehyde-base Biocides
Polyacrylamide
Pour Point Depressants
Segmentation by application
Oil and Gas
Shale Gas
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SNF
CNPC
BASF
Nalco Champion
GE(Baker Hughes)
Schlumberger
Halliburton
Kemira
Clariant
Lubrizol
DuPont
Chevron Phillips
Innospec
Key Questions Addressed in this Report
What is the 10-year outlook for the global Oilfield Chemicals market?
What factors are driving Oilfield Chemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oilfield Chemicals market opportunities vary by end market size?
How does Oilfield Chemicals break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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