Global Specialty Oilfield Chemicals Market Growth 2023-2029
Specialty 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 specialty 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 “Specialty Oilfield Chemicals Industry Forecast” looks at past sales and reviews total world Specialty Oilfield Chemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Specialty Oilfield Chemicals sales for 2023 through 2029. With Specialty Oilfield Chemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Specialty Oilfield Chemicals industry.
This Insight Report provides a comprehensive analysis of the global Specialty 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 Specialty Oilfield Chemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Specialty Oilfield Chemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Specialty 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 Specialty Oilfield Chemicals.
The global Specialty Oilfield Chemicals market size is projected to grow from US$ 32900 million in 2022 to US$ 40200 million in 2029; it is expected to grow at a CAGR of 40200 from 2023 to 2029.
The major players in global Specialty Oilfield Chemicals market include Schlumberger, Halliburton, Dow, etc. The top 3 players occupy about 30% shares of the global market. North America is the main market, and occupies about 45% of the global market. Drilling Fluids is the main application, which holds a share over 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Specialty Oilfield Chemicals market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Drilling Fluids
Cementing
Conpletion & Stimulation
Production & Delivery
Segmentation by application
Drilling Fluids
Cementing
Completion & Stimulation
Production & EOR (Enhanced Oil Recovery Chemicals)
Delivery
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.
Schlumberger
Halliburton
Dow
BASF
Akzonobel NV
Clariant
Nalco Champion
Lubrizol
Solvay
Albemarle
Flotek Industries
Borregaard LignoTech
Chevron Phillips
CESTC
Newpark Resources
Croda
Innospec
Calumet
Ashland
TETRA Technologies
Kemira
Huntsman
Stepan
SNF
Dupont
Lamberti Group
Emery Oleochemicals
Zirax
KMCO
CNPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Specialty Oilfield Chemicals market?
What factors are driving Specialty Oilfield Chemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Specialty Oilfield Chemicals market opportunities vary by end market size?
How does Specialty 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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