Home » Chemicals » Oilfield Chemicals Market

Oilfield Chemicals Market By Product (Demulsifier, Corrosion & scale inhibitors, Surfactants, Others) By Application (Drilling, Stimulation, Stimulation, Production)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Price: $4999

Published: | Report ID: 7675 | Report Format : PDF

Key Highlights of the Report

The global oilfield chemicals market is segmented by product, application, and region. Demulsifier category is the most popular, while the corrosion & scale inhibitors category is the primary product segment. In addition, the drilling and stimulation categories held the largest share in the application segment, with North America leading the market growth.

The market is predicted to be driven by increased product demand from various petroleum operations, including drilling, well stimulation, cementing, enhanced oil recovery, production, and hydraulic fracturing. Over the projection period, the demand for oilfield chemicals is anticipated to be driven by expanding crude oil output, a trend towards unconventional drilling techniques, and an increase in operational complexity.

Nonetheless, the North America market for oilfield chemicals is predicted to grow at the greatest CAGR. The industry in the area is a well-established and mature sector due to its expanding uses in the work-over & completion and production sectors. Additionally, the number of operating wells in various basins impacts its demand.

Market Overview

The global oilfield chemicals market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 7.50% between 2023 and 2030. The market was valued at USD 17.2 billion in 2022 and is expected to reach USD 28.5 billion in 2030.

What Are The Main Drivers Of The Global Oilfield Chemicals Market?

The rising need for oilfield chemicals for drilling, cementing, and well-stimulation is one of the key reasons driving market development. In addition, the rising use of petroleum and petroleum-based fuels to power cars and produce energy is accelerating the market’s expansion.

Design Element 2

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample
CTA Design Element 3

What Are The Major Challenges Faced By The Global Oilfield Chemicals Market?

The market uses crude oil as a raw resource. Therefore, the market for oilfield chemicals will suffer due to changes in the price of crude oil’s primary component. As a result, this will hinder the market growth rate for oilfield chemicals.

What Are The Growth Opportunities In The Global Oilfield Chemicals Market?

The energy demand is rising as more people use various technological appliances and large machinery in the home, commercial, and industrial sectors, which is a growth opportunity for the market.

Executive Summary

Overview of the Global Oilfield chemicals Market

The market is expanding as a result of the increasing use of shale gas for electricity production, home heating, and cooking. The market is expanding due to the growing use of drilling fluids for applying hydrostatic pressure to keep the drill cool and clean and stop formation fluids from entering wells. Additionally, the market expansion is supported by increased use of various environmentally friendly oilfield chemicals with lower toxicity, decreased flammability or flashpoint, enhanced biodegradability, minimized bioaccumulation, and high sustainability in application and manufacture.

Market Definition

Oilfield chemicals are specific chemical substances used to increase the effectiveness and efficiency of tasks carried out at an oilfield site. Under these circumstances, these chemicals are used in various operations, including drilling, production, and completion. These substances are used to clean machinery, oil sites, oil sites themselves, and equipment.

Market Insights

  • The global demand for oilfield chemicals was valued at USD 17.2 Billion in 2022 and is expected to reach USD 28.5 Billion in 2030, growing at a CAGR of 7.50% between 2023 and 2030.
  • In terms of value, the demulsifier category leads the market and accounted for almost 32% of sales in 2022. The corrosion & scale inhibitors category is expected to increase at the fastest rate.
  • The drilling category is expected to continue to dominate the oilfield chemicals market through 2022, with a massive market share of over 27% predicted.
  • In 2022, North America will account for roughly one-third of the global market for oilfield chemicals, with the remaining 47% of the market being split between North America and Europe.
  • It is anticipated that various petroleum activities, including as drilling, well stimulation, cementing, enhanced oil recovery, production, and hydraulic fracturing, will lead to a rise in product demand, which will drive the market. Demand for oilfield chemicals is predicted to be driven over the projection period by rising crude oil output, a move towards unconventional drilling methods, and a rise in operational complexity.
  • The North America oilfield chemicals industry is predicted to expand at a faster CAGR. Due to its expanding applications in the work-over & completion and manufacturing sectors, the industry in the area is a well-established and mature sector. Additionally, the number of operational wells in various basins has an impact on its demand.

Segmentation by Product

  • With almost 32% of the market share for oilfield chemicals, the demulsifier category remained the top rank in terms of product in 2022.
  • The global oilfield chemicals market is expected to experience the quickest growth throughout the projected period in the corrosion & scale inhibitors category.

Segmentation by Application

  • The drilling segment led the oilfield chemicals market with a market share of over 27% in 2022.
  • The stimulation category is anticipated to register the highest CAGR over the forecast period.

Segmentation by Region

  • North America region held the largest global oilfield chemicals market share in 2022.
  • In 2022, Asia Pacific will occupy more than 33% of the global oilfield chemicals market, with Europe accounting for just under 20% of the total.
  • The rest of the world’s demand for oilfield chemicals comes from Latin America, the Middle East, and Africa.

Global demand for oilfield chemicals is rising as a result of rising oil production and exploration activity. A surge in deep-water and ultra-deepwater drilling projects and a sharp increase in shale oil and gas drilling and production are all expected to contribute to an increase in the market demand for oilfield chemicals. The market for oilfield chemicals will continue to rise rapidly due to the growing global population and the increased investments made by various governments to upgrade the global oil and gas infrastructure. Additionally, various prominent players’ research and development (R & R&D) efforts are anticipated to support the market’s expansion.

North America dominated the global oilfield chemicals market. This is linked to an increase in oil and gas operations due to the advancement of drilling and hydraulic fracturing techniques. Additionally, during the anticipated period, drilling activity and technical advancements will likely boost regional growth. Oil-based chemicals are anticipated to rise as shale gas exploration and production increase in the United States.

The market for oilfield chemicals in Asia Pacific is anticipated to grow at the highest CAGR. Rapid urbanisation and population expansion in the area are ascribed to industry growth and an increase in shale gas consumption and demand from diverse businesses. Rising exploration operations in India, Mainland China, the South China Sea, and Southeast Asian nations are primarily responsible for the regional market expansion. The Asia-Pacific region is dominating due to the rising global demand for crude oil and petroleum as well as massive investments made in the energy sector to boost the economy.

Overall, the market is growing as a result of more people using shale gas for cooking, home heating and electricity generation. The market is developing as a result of the increased application of hydrostatic pressure using drilling fluids to keep the drill cool and clean and prevent formation fluid from entering wells.

Crude oil is used by the market as a raw material. As a result, fluctuations in the price of the main ingredient in crude oil may hurt the market for oilfield chemicals. This will consequently slow the rate of market expansion for oilfield chemicals.

Oilfield Chemicals Market

Global Oil Demand to Rise Due to Petrochemicals

Plastics like polyethylene, polypropylene, and polystyrene are among the many products made from petrochemicals that are produced all over the world. Over the last few decades, demand for these plastics has grown dramatically, particularly in sectors with large end uses like food and other commercial product packaging. This upward tendency is projected to persist during the forecast period, especially in developing nations in the Asia-Pacific region, Latin America, and Africa. Due to their low weight, plastics help cut fuel usage for moving goods while extending the shelf life of food and decreasing food waste. It offers various such direct economic advantages and can help with resource optimization, which is essential for expanding emerging economies.

Petrochemicals are anticipated to contribute the most to oil consumption during the projection period due to the rise in demand for petrochemical products. Major oil-producing nations are setting up petrochemical complexes to take advantage of the inexpensive raw materials that are available to them. Petrochemical demand is anticipated to increase in tandem with rising purchasing power and living standards in emerging economies. The market will gain from this and grow.

Conversion to Renewable Energy

During the forecast period, more vigorous action from governments around the world is anticipated to speed up the switch to renewable energy. Due to the epidemic and the profound changes it brought about in the oil and gas industry, an increasing number of nations are now concentrating on the possibility for long-term recovery to quicken the transition to a low-carbon future.

Since the fuel industry is the main demand generator, it is projected that further advancements in fuel efficiency, significantly higher penetration of electric vehicles, and new regulations limiting oil usage in the power sector will lower overall oil demand during the forecast period. These elements are anticipated to lower the demand for crude oil and impede the sector’s expansion.

Increased Use of Green Oilfield Chemicals

Chemicals with lower exposure toxicity, decreased flammability or flashpoint, higher biodegradability, lower bioaccumulation, and sustainability in use and manufacture are examples of green solutions in the oil fields. Manufacturers are embracing and creating new goods that are cleaner and less harmful to the environment in response to growing environmental concerns. For instance, one of the major players, Nouryon, introduced a brand-new line of demulsifiers that gives oil producers a better way to extract crude oil from a mixture of natural gas and water. Growth prospects are probably to be improved by finding new oil and gas resources in several locations, as well as the rise in shale gas and enhanced oil recovery (EOR) activities.

As exploration and production participants expand their operations in fast-growing economies like China, India, Brazil, Mexico, and Southeast Asia, this will drive an increase in oilfield service activities and volume demand for these chemicals. As laws become more stringent due to governments’ greater focus on clean energy, more chemical manufacturers are projected to create oilfield chemicals that are ecologically benign and sustainable.

Competitive Landscape

Key Players

The global oilfield chemicals market is highly competitive, with the presence of several key players. Some of the major players in the market and their market share are as follows:

  • Albemarle Corporation
  • Baker Hughes Company
  • Croda international plc
  • Ecolab Inc.
  • Halliburton
  • Kemira
  • Schlumberger
  • Solvay
  • Stepan
  • The Lubrizol Corporation
  • Newpark Resources Inc.
  • Akzo Nobel N.V.

To stay competitive in the market, these businesses prioritise product innovation, enlarging their distribution networks, and mergers and acquisitions.

The key players in the worldwide oilfield chemicals market are continually launching new products and developments in an effort to stay ahead.

December 2022: In Chaguaramas, Trinidad, Champion X announced the launch of a new lab and distribution facility for oilfield services chemicals. This lab facility will carry out a variety of analysis tests, including bacteria level estimation in produced water, chemical compatibility testing, and corrosion coupon analysis.

May 2021: The usage of automated drilling solutions by drilling companies and oil and gas operators has increased thanks to a partnership between Schlumberger and NOV. By automating laborious processes, the strategic alliance will increase safety and increase the effectiveness of drilling operations.

November 2020: By acquiring a 25% share in OPT Petroleum Technologies Company Limited, The Industrialization and Energy Services Company (TAQA) increased the range of oilfield chemicals it could provide.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Summary of Key Findings

  • The increase in oil production and exploration activity is driving up demand for oilfield chemicals on a global scale. The market demand for oilfield chemicals is anticipated to rise due to an increase in deep-water and ultra-deepwater drilling projects and a strong rise in shale oil and gas drilling and production.
  • Market segmented by product, application, and region.
  • Demulsifier category is most popular, with corrosion & scale inhibitors category as the primary oilfield chemicals product.
  • The drilling segment is most commonly used application of the oilfield chemicals market.
  • North America is leading market growth; the market is highly competitive with key players including Albemarle Corporation, Baker Hughes Company, Croda international plc, Ecolab Inc., Halliburton, Kemira, Schlumberger, Solvay, Stepan, and The Lubrizol Corporation, Newpark Resources Inc. and Akzo Nobel N.V.

Future Outlook

  • The global market for oilfield chemicals is expected to increase significantly, especially in the North American region.
  • During the projected period, rising shale gas exploration and the rising need for petroleum-based fuel from the transportation sector are anticipated to drive the market’s demand.
  • The market uses crude oil as a raw resource. Therefore, changes in the price of the primary component of crude oil could be detrimental to the market for oilfield chemicals. As a result, the market growth for oilfield chemicals will be slower.
  • In order to be competitive in the market, major companies should focus on creating novel items, expanding their market, and maintaining cheap power ratings.

Segmentation

  • By Product
    • Demulsifier
    • Corrosion & scale inhibitors
    • Surfactants
    • Others
  • By Application
    • Drilling
    • Stimulation
    • Stimulation
    • Production
  • By Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Data Modelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue-Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Oilfield Chemicals Market
2.2. Global Oilfield Chemicals Market, By Product
2.3. Global Oilfield Chemicals Market, By Application
2.4. Global Oilfield Chemicals Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Oilfield Chemicals Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Product
3.5.2. Application
3.5.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company Market Share of Key Players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Oilfield Chemicals Market, By Product
7.1. Global Oilfield Chemicals Market Overview, by Product
7.1.1. Global Oilfield Chemicals Market Revenue Share, By Product, 2022 Vs 2030 (in %)
7.2. Corrosion & Scale Inhibitors
7.2.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
7.3. Demulsifier
7.3.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
7.4. Surfactants
7.4.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
7.5. Others
7.5.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)

8. Global Oilfield Chemicals Market, By Application
8.1. Global Oilfield Chemicals Market Overview, by Application
8.1.1. Global Oilfield Chemicals Market, By Application, 2022 vs 2030 (in %)
8.2. Drilling
8.2.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
8.3. Cement
8.3.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
8.4. Stimulation
8.4.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)
8.5. Production
8.5.1. Global Oilfield Chemicals Market, By Region, 2017-2030 (US$ Bn)

9. Global Oilfield Chemicals Market, By Region
9.1. Global Oilfield Chemicals Market Overview, by Region
9.1.1. Global Oilfield Chemicals Market, By Region, 2022 vs 2030 (in%)
9.2. Product
9.2.1. Global Oilfield Chemicals Market, By Product, 2017-2030 (US$ Bn)
9.3. Application
9.3.1. Global Oilfield Chemicals Market, By Application, 2017-2030 (US$ Bn)

10. North America Oilfield Chemicals Market Analysis
10.1. North America Oilfield Chemicals Market, by Product, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. North America Oilfield Chemicals Market, by Application, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. North America Oilfield Chemicals Market, by Country, 2017-2030 (US$ Bn)
10.3.1. North America Oilfield Chemicals Market, by Country, 2022 Vs 2030 (in%)
10.3.2. U.S.
10.3.2.1. U.S. Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.2.2. U.S. Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
10.3.2.3. U.S. Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
10.3.3. Canada
10.3.3.1. Canada Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.3.2. Canada Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
10.3.3.3. Canada Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
10.3.4. Mexico
10.3.4.1. Mexico Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.4.2. Mexico Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
10.3.4.3. Mexico Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)

11. Europe Oilfield Chemicals Market Analysis
11.1. Europe Oilfield Chemicals Market, by Product, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Europe Oilfield Chemicals Market, by Application, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Europe Oilfield Chemicals Market, by Country, 2017-2030 (US$ Bn)
11.3.1. Europe Oilfield Chemicals Market, by Country, 2022 Vs 2030 (in%)
11.3.2. Germany
11.3.2.1. Germany Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.2.2. Germany Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.2.3. Germany Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
11.3.3. France
11.3.3.1. France Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.3.2. France Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.3.3. France Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
11.3.4. UK
11.3.4.1. UK Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.4.2. UK Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.4.3. UK Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
11.3.5. Italy
11.3.5.1. Italy Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.5.2. Italy Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.5.3. Italy Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
11.3.6. Spain
11.3.6.1. Spain Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.6.2. Spain Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.6.3. Spain Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
11.3.7. Rest of Europe
11.3.7.1. Rest of Europe Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.7.2. Rest of Europe Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
11.3.7.3. Rest of Europe Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)

12. Asia Pacific Oilfield Chemicals Market Analysis
12.1. Asia Pacific Oilfield Chemicals Market, by Product, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Asia Pacific Oilfield Chemicals Market, by Application, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Asia Pacific Oilfield Chemicals Market, by Country, 2017-2030 (US$ Bn)
12.3.1. Asia Pacific Oilfield Chemicals Market, by Country, 2022 Vs 2030 (in%)
12.3.2. China
12.3.2.1. China Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.2.2. China Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.2.3. China Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
12.3.3. Japan
12.3.3.1. Japan Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.3.2. Japan Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.3.3. Japan Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
12.3.4. India
12.3.4.1. India Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.4.2. India Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.4.3. India Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
12.3.5. South Korea
12.3.5.1. South Korea Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.5.2. South Korea Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.5.3. South Korea Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
12.3.6. South-East Asia
12.3.6.1. South-East Asia Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.6.2. South-East Asia Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.6.3. South-East Asia Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
12.3.7. Rest of Asia Pacific
12.3.7.1. Rest of Asia Pacific Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.7.2. Rest of Asia Pacific Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
12.3.7.3. Rest of Asia Pacific Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)

13. Latin America Oilfield Chemicals Market Analysis
13.1. Latin America Oilfield Chemicals Market, by Product, 2017-2030(US$ Bn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Latin America Oilfield Chemicals Market, by Application, 2017-2030(US$ Bn)
13.2.1. Overview
13.2.2. SRC Analysis
13.3. Latin America Oilfield Chemicals Market, by Country, 2017-2030 (US$ Bn)
13.3.1. Latin America Oilfield Chemicals Market, by Country, 2022 Vs 2030 (in%)
13.3.2. Brazil
13.3.2.1. Brazil Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.3.2.2. Brazil Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
13.3.2.3. Brazil Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
13.3.3. Argentina
13.3.3.1. Argentina Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.3.3.2. Argentina Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
13.3.3.3. Argentina Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
13.3.4. Rest of Latin America
13.3.4.1. Rest of Latin America Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.3.4.2. Rest of Latin America Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
13.3.4.3. Rest of Latin America Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)

14. Middle East and Africa Oilfield Chemicals Market Analysis
14.1. Middle East and Africa Oilfield Chemicals Market, by Product, 2017-2030(US$ Bn)
14.1.1. Overview
14.1.2. SRC Analysis
14.2. Middle East and Africa Oilfield Chemicals Market, by Application, 2017-2030(US$ Bn)
14.2.1. Overview
14.2.2. SRC Analysis
14.3. Middle East and Africa Oilfield Chemicals Market, by Country, 2017-2030 (US$ Bn)
14.3.1. Middle East and Africa Oilfield Chemicals Market, by Country, 2022 Vs 2030 (in%)
14.3.2. GCC Countries
14.3.2.1. GCC Countries Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.3.2.2. GCC Countries Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
14.3.2.3. GCC Countries Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
14.3.3. South Africa
14.3.3.1. South Africa Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.3.3.2. South Africa Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
14.3.3.3. South Africa Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)
14.3.4. Rest of Middle East and Africa
14.3.4.1. Rest of Middle East and Africa Oilfield Chemicals Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.3.4.2. Rest of Middle East and Africa Oilfield Chemicals, By Product, 2017-2030 (US$ Bn)
14.3.4.3. Rest of Middle East and Africa Oilfield Chemicals, By Application, 2017-2030 (US$ Bn)

15. Company Profiles
15.1. Albemarle Corporation
15.1.1. Company Overview
15.1.2. Products/Services Portfolio
15.1.3. Geographical Presence
15.1.4. Financial Summary
15.1.4.1. Market Revenue and Net Profit (2019-2022)
15.1.4.2. Business Segment Revenue Analysis
15.1.4.3. Geographical Revenue Analysis
15.2. Baker Hughes Company
15.3. Croda international plc
15.4. Ecolab Inc.
15.5. Halliburton
15.6. Kemira
15.7. Schlumberger
15.8. Solvay
15.9. Stepan
15.10. The Lubrizol Corporation
15.11. Newpark Resources Inc.
15.12. Akzo Nobel N.V.

List of Figures
FIG. 1 Global Oilfield Chemicals Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom Up Approach
FIG. 3 Global Oilfield Chemicals Market Segmentation
FIG. 4 Global Oilfield Chemicals Market, by Product, 2022 (US$ Bn)
FIG. 5 Global Oilfield Chemicals Market, by Application, 2022 (US$ Bn)
FIG. 6 Global Oilfield Chemicals Market, by Geography, 2022 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Product, 2022
FIG. 8 Attractive Investment Proposition, by Application, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Oilfield Chemicals Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Oilfield Chemicals Market Manufacturers, 2022
FIG. 12 Global Oilfield Chemicals Market Value Contribution, By Product, 2022 & 2030 (Value %)
FIG. 13 Global Oilfield Chemicals Market, by Corrosion & Scale Inhibitors, Value, 2017-2030 (US$ Bn)
FIG. 14 Global Oilfield Chemicals Market, by Demulsifier, Value, 2017-2030 (US$ Bn)
FIG. 15 Global Oilfield Chemicals Market, by Surfactants, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Oilfield Chemicals Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 17 Global Oilfield Chemicals Market Value Contribution, By Application, 2022 & 2030 (Value %)
FIG. 18 Global Oilfield Chemicals Market, by Drilling, Value, 2017-2030 (US$ Bn)
FIG. 19 Global Oilfield Chemicals Market, by Cement, 2017-2030 (US$ Bn)
FIG. 20 Global Oilfield Chemicals Market, by Stimulation, 2017-2030 (US$ Bn)
FIG. 21 Global Oilfield Chemicals Market, by Production, 2017-2030 (US$ Bn)
FIG. 22 North America Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 23 U.S. Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 24 Canada Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 25 Mexico Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 26 Europe Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 27 Germany Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 28 France Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 29 U.K. Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 30 Italy Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 31 Spain Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 32 Rest of Europe Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 33 Asia Pacific Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 34 China Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 35 Japan Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 36 India Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 37 South Korea Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 38 South-East Asia Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 39 Rest of Asia Pacific Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 40 Latin America Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 41 Brazil Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 42 Mexico Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 43 Rest of Latin America Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 44 Middle East & Africa Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 45 GCC Countries Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 46 South Africa Oilfield Chemicals Market, 2017-2030 (US$ Bn)
FIG. 47 Rest of Middle East and Africa Oilfield Chemicals Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Oilfield Chemicals Market
TABLE 2 Global Oilfield Chemicals Market: Market Drivers Impact Analysis
TABLE 3 Global Oilfield Chemicals Market: Market Restraints Impact Analysis
TABLE 4 Global Oilfield Chemicals Market, by Competitive Benchmarking, 2022
TABLE 5 Global Oilfield Chemicals Market, by Geographical Presence Analysis, 2022
TABLE 6 Global Oilfield Chemicals Market, by Key Strategies Analysis, 2022
TABLE 7 Global Oilfield Chemicals Market, by Corrosion & Scale Inhibitors, By Region, 2017-2022 (US$ Bn)
TABLE 8 Global Oilfield Chemicals Market, by Corrosion & Scale Inhibitors, By Region, 2023-2030 (US$ Bn)
TABLE 9 Global Oilfield Chemicals Market, by Demulsifier, By Region, 2017-2022 (US$ Bn)
TABLE 10 Global Oilfield Chemicals Market, by Demulsifier, By Region, 2023-2030 (US$ Bn)
TABLE 11 Global Oilfield Chemicals Market, by Surfactants, By Region, 2017-2022 (US$ Bn)
TABLE 12 Global Oilfield Chemicals Market, by Surfactants, By Region, 2023-2030 (US$ Bn)
TABLE 13 Global Oilfield Chemicals Market, by Others, By Region, 2017-2022 (US$ Bn)
TABLE 14 Global Oilfield Chemicals Market, by Others, By Region, 2023-2030 (US$ Bn)
TABLE 15 Global Oilfield Chemicals Market, by Drilling, By Region, 2017-2022 (US$ Bn)
TABLE 16 Global Oilfield Chemicals Market, by Drilling, By Region, 2023-2030 (US$ Bn)
TABLE 17 Global Oilfield Chemicals Market, by Cement, By Region, 2017-2022 (US$ Bn)
TABLE 18 Global Oilfield Chemicals Market, by Cement, By Region, 2023-2030 (US$ Bn)
TABLE 19 Global Oilfield Chemicals Market, by Stimulation, By Region, 2017-2022 (US$ Bn)
TABLE 20 Global Oilfield Chemicals Market, by Stimulation, By Region, 2023-2030 (US$ Bn)
TABLE 21 Global Oilfield Chemicals Market, by Production, By Region, 2017-2022 (US$ Bn)
TABLE 22 Global Oilfield Chemicals Market, by Production, By Region, 2023-2030 (US$ Bn)
TABLE 23 Global Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 24 Global Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 25 Global Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 26 Global Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 27 Global Oilfield Chemicals Market, by Region, 2017-2022 (US$ Bn)
TABLE 28 Global Oilfield Chemicals Market, by Region, 2023-2030 (US$ Bn)
TABLE 29 North America Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 30 North America Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 31 North America Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 32 North America Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 33 North America Oilfield Chemicals Market, by Country, 2017-2022 (US$ Bn)
TABLE 34 North America Oilfield Chemicals Market, by Country, 2023-2030 (US$ Bn)
TABLE 35 United States Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 36 United States Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 37 United States Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 38 United States Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 39 Canada Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 40 Canada Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 41 Canada Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 42 Canada Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 43 Mexico Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 44 Mexico Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 45 Mexico Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 46 Mexico Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 47 Europe Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 48 Europe Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 49 Europe Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 50 Europe Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 51 Europe Oilfield Chemicals Market, by Country, 2017-2022 (US$ Bn)
TABLE 52 Europe Oilfield Chemicals Market, by Country, 2023-2030 (US$ Bn)
TABLE 53 Germany Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 54 Germany Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 55 Germany Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 56 Germany Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 57 France Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 58 France Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 59 France Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 60 France Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 61 United Kingdom Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 62 United Kingdom Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 63 United Kingdom Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 64 United Kingdom Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 65 Italy Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 66 Italy Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 67 Italy Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 68 Italy Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 69 Spain Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 70 Spain Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 71 Spain Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 72 Spain Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 73 Rest of Europe Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 74 Rest of Europe Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 75 Rest of Europe Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 76 Rest of Europe Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 77 Asia Pacific Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 78 Asia Pacific Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 79 Asia Pacific Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 80 Asia Pacific Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 81 China Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 82 China Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 83 China Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 84 China Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 85 Japan Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 86 Japan Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 87 Japan Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 88 Japan Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 89 India Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 90 India Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 91 India Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 92 India Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 93 South Korea Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 94 South Korea Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 95 South Korea Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 96 South Korea Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 97 South-East Asia Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 98 South-East Asia Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 99 South-East Asia Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 100 South-East Asia Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 101 Rest of Asia Pacific Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 102 Rest of Asia Pacific Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 103 Rest of Asia Pacific Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 104 Rest of Asia Pacific Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 105 Latin America Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 106 Latin America Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 107 Latin America Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 108 Latin America Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 109 Brazil Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 110 Brazil Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 111 Brazil Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 112 Brazil Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 113 Argentina Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 114 Argentina Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 115 Argentina Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 116 Argentina Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 117 Rest of Latin America Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 118 Rest of Latin America Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 119 Rest of Latin America Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 120 Rest of Latin America Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 121 Middle East and Africa Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 122 Middle East and Africa Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 123 Middle East and Africa Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 124 Middle East and Africa Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 125 GCC Countries Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 126 GCC Countries Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 127 GCC Countries Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 128 GCC Countries Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 129 South Africa Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 130 South Africa Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 131 South Africa Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 132 South Africa Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)
TABLE 133 Rest of Middle East and Africa Oilfield Chemicals Market, by Product, 2017-2022 (US$ Bn)
TABLE 134 Rest of Middle East and Africa Oilfield Chemicals Market, by Product, 2023-2030 (US$ Bn)
TABLE 135 Rest of Middle East and Africa Oilfield Chemicals Market, by Application, 2017-2022 (US$ Bn)
TABLE 136 Rest of Middle East and Africa Oilfield Chemicals Market, by Application, 2023-2030 (US$ Bn)

Frequently Asked Questions:

What is the current size of the global oilfield chemicals market?

The global oilfield chemicals market was valued at USD 17.2 Billion in 2022.

What is the expected growth rate of the oilfield chemicals market between 2023 and 2030?

The oilfield chemicals market is expected to grow at a CAGR of 7.50% between 2023 and 2030, reaching USD 28.5 Billion in 2030.

Which segment is leading the market share in terms of product?

Demulsifier category is the leading segment by product, holding over 32% share in terms of value in 2022.

Which application segment governs the demand for oilfield chemicals in the world?

The drilling segment governs the demand for oilfield chemicals in the world, holding a massive share of over 27% in 2022.

Which application segment is expected to post the highest CAGR during the forecast period?

The stimulation segment is expected to post the highest CAGR during the forecast period.

Which region is fueling the growth of the oilfield chemicals industry?

North America is fueling the growth of the oilfield chemicals industry, with over one-third share in 2022.

Who are the major players in the global oilfield chemicals market?

The top players include Albemarle Corporation, Baker Hughes Company, Croda international plc, Ecolab Inc., Halliburton, Kemira, Schlumberger, Solvay, Stepan, and The Lubrizol Corporation, Newpark Resources Inc. and Akzo Nobel N.V.

What are the major market drivers of the oilfield chemicals industry?

One of the primary factors driving the market’s growth is the increasing need for oilfield chemicals for drilling, cementing, and well stimulation. In addition, the rising use of petroleum and petroleum-based fuels to power cars and produce energy is accelerating the market’s expansion.

What are the major market restraints of the oilfield chemicals industry?

The market uses crude oil as a raw resource. Therefore, the market for oilfield chemicals will suffer as a result of changes in the price of crude oil’s primary component. As a result, this will hinder the market growth rate for oilfield chemicals.

What are the major market opportunities of the oilfield chemicals industry?

The demand for energy is rising as more people use various technological appliances and large machinery in the home, commercial, and industrial sectors, which is growth opportunity for the market.

Sodium Propionate Market

Published:
Report ID: 10472

N-Methyl-2-Pyrrolidone (NMP) Market

Published:
Report ID: 14318

Telluric Acid Market

Published:
Report ID: 11081

HDPE Blow Molding and Injection Molding Container Market

Published:
Report ID: 35025

Aromatic Solvents Market

Published:
Report ID: 1720

BOPP Packaging Film Market

Published:
Report ID: 34941

CPP Packaging Film Market

Published:
Report ID: 34932

Double Coated Foam Tape Market

Published:
Report ID: 34929

Garnet Market

Published:
Report ID: 34650

Citric Acid Market

Published:
Report ID: 3051

Acrylic Acid Market

Published:
Report ID: 1094

1, 3 – Diphenylguanidine Market

Published:
Report ID: 943

Purchase Options

$2999
Delivery Format: Excel.
$4999
Designed for the individual purchaser.
$6999
Users located at a single corporate site or regional office.
$7999
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN