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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.
Scope of the Report:
This report focuses on the Oilfield Chemicals in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
North America is the world's largest oilfield chemicals consumption area. In Europe and North America, the main application of polyacrylamide is the water treatment industry. However, polyacrylamide in oilfield is less in foreign, because of the special geological conditions in China, Daqing Oilfield and Shengli Oilfield are still using extensive of polymer in flooding technology. China is one of the countries with the highest crude oil production costs in the world. Despite this, China has had to continue mining domestic crude oil due to the huge market demand. At present, the production capacity of polyacrylamide in China has exceeded 1.2 million tons. Most of the polyacrylamide is used in the oil field industry.
The global oil field chemical industry is dominated by large corporations, and these corporations are becoming larger through acquisitions, allowing themselves to offer a wider range of oil field services such as exploration, drilling, design, and engineering. In the past few years, there have been five major acquisitions and mergers in this industry. Lower oil prices have a side effect to this industry. Big companies maintain good performance through acquisitions and mergers. In 2017, Dow, DuPont complete planned merger to form Dow DuPont. Baker Hughes, a GE company announced that the transaction combining GE's oil and gas business with Baker Hughes is complete. In 2014, Lubrizol Corporation announced that it has completed the acquisition in the United States and Canada of Weatherford International's global oilfield chemicals business. In 2012, Ecolab announced its intention to acquire Permian MudService, Inc., the parent company of Champion Technologies, and integrate the business with its Energy Services division.The sale closed on April 10, 2013, at which time the businesses merged and announced its new Nalco Champion brand. In 2013, Solvay acquired Chemlogics.
The worldwide market for Oilfield Chemicals is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 3550 million US$ in 2023, from 2790 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Nalco Champion
- Baker Hughes
- Chevron Phillips
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Alkyl Phenols and Ethoxylated Aps
- Glutaraldehyde-base Biocides
- Pour Point Depressants
Market Segment by Applications, can be divided into
- Oil and Gas
- Shale Gas
There are 15 Chapters to deeply display the global Oilfield Chemicals market.
Chapter 1, to describe Oilfield Chemicals Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Oilfield Chemicals, with sales, revenue, and price of Oilfield Chemicals, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Oilfield Chemicals, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Oilfield Chemicals market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Oilfield Chemicals sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source