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Jul 19, 2023

Oilfield Specialty Chemical Market Size, Share, Analysis, Top Industry Players and Forecast 2031

U.S (New York)- Oilfield Specialty Chemical Market Report gives evaluation and insights primarily based on authentic consultations with necessary gamers such as CEOs, Managers, Department Heads of

U.S (New York)-Oilfield Specialty Chemical Market Report gives evaluation and insights primarily based on authentic consultations with necessary gamers such as CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors etc

According to Report Ocean Global Oilfield Specialty Chemical Market Company Analysis – BASF SE, The DOW Chemical Company, Schlumberger Limited, Halliburton Company, AkzoNobel NV, Solvay S.A., Clariant, Kemira OYJ, Albemarle Corporation, Stepan Company, ECOLAB. By Chemical Type, By End User Type (2018 Edition): Forecast to 2022 – By Chemical Type (Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction Reducers, Rheology modifiers, Biocides, Dispersants), By End User Type (Drilling Fluid, Well stimulation, Production Chemicals, Cementing, EOR), global market is projected to display a growth represented by a CAGR of over 4.8% during 2017 2022, primarily driven by shale oil production and deep drilling exploration in North America.

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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Oilfield Specialty Chemicals Market. A January 2018 edition, the report has been segmented on the basis of type of chemicals -Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction reducers, Rheology modifiers, Biocides, Dispersants and By End User Types – Drilling fluid, Well stimulation, Production chemicals, Cementing, Enhanced Oil Recovery. The report analyses the market of regions including North America, Europe, Asia Pacific, LAMEA and countries United States, Canada, Norway, United Kingdom, Brazil, Mexico, Saudi Arabia, China, India and Indonesia.

Specialty oilfield market is likely to witness substantial growth over the forecasted period owing to increasing application in cementing, drilling, production and well stimulation. Increasing crude oil production coupled with growing demand from enhanced oil recovery application is anticipated to augment specialty oilfield chemicals market growth. In addition, increasing deep drilling and ultra-deep drilling activities for oil and gas have been driving the market over the past few years and the trend is expected to continue over the forecast period.

The North America region is the biggest market in the current period and is expected to lead in forecast period as well. In the forecast period, APAC region will witness strong growth backed by rising production and exploration activities in emerging countries such as China, India, Indonesia and Australia. The market for specialty oilfield chemicals in APAC is driven by rise in production and development of crude oil wells on the back of increasing investment in Upstream and Exploration segment.

The report titled Global Oilfield Specialty Chemical Market By Chemical Type, By End User Type (2018 Edition): Forecast to 2022 – By Chemical Type (Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction Reducers, Rheology modifiers, Biocides, Dispersants), By End User Type (Drilling Fluid, Well stimulation, Production Chemicals, Cementing, EOR) has covered and analysed the potential of Global Oilfield Specialty Chemicals Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Oilfield Specialty Chemicals Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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