KEY FINDINGS
The global market for oilfield chemicals is anticipated to grow with a CAGR of 4.22%. The market is anticipated to grow to $30,237 million by 2027. The base year considered for the study is 2018, and the estimated period is between 2019 and 2027.Seasonal changes highly impact the demand and supply of crude oil, which affects the demand for the oilfields chemicals market.
MARKET INSIGHTS
The crude oil market is highly politicized. The rise in the territorial and regional disputes among different nation is expected to hinder the market over the forecast period. Although, the increase in the production of crude oil, the growth of unconventional hydrocarbon activity and the growth of eco-friendly oilfield chemicals are primarily propelling the market demand. The increase in exploration and production activities is driving the interests in developing deep reserves, which is expected to sustain the product demand.
The market growth is restrained by high disposing costs of the chemicals, environmental & concerns during the extraction of oil & gas since several guidelines need to be followed for the disposal of oilfield chemicals.
REGIONAL INSIGHTS
The report on global oilfield chemicals includes segmentation on the basis of geography as well for a clear cut understanding of the market scenario essentially in the countries. The segmentation has been carried over into North America, Asia Pacific, Europe and the Rest of World regional segment. The largest market for oilfield chemicals belongs to that of North America. It contributed a market share of 34.30% in 2018. The presence of offshore shale reserves is a major driving factor for the oilfield chemicals market in North America.
COMPETITIVE INSIGHTS
Schlumberger Limited, Ecolab Inc., Solvay S.A., Dow Chemical Company, Lubrizol Corporation, BASF SE, Halliburton Company, Baker Hughes, Nalco Company LLC, AkzoNobel N.V., Stepan Company, Albemarle Corp., Clariant, Croda International PLC, and Newpark Resources, Inc. are the major companies, which have been extensively profiled in the report.
Global Oilfield Chemicals Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Effects Of Seasonal Changes In Oil Demand
3.2.2. The Market For Crude Oil Is Highly Politicized
4. Market Dynamics
4.1. Market Scope & Definition
4.2. Market Drivers
4.2.1. Increase In The Production Of Crude Oil
4.2.2. Growth Of Unconventional Hydrocarbon Activity
4.3. Market Restraints
4.3.1. High Disposing Costs Of The Chemicals
4.3.2. Environmental Concerns During Extraction Of Oil & Gas
4.4. Market Opportunities
4.4.1. Growth Of Eco-Friendly Oilfield Chemicals
4.4.2. Growing Complexity Of Operations
4.5. Market Challenges
4.5.1. Volatility In The Price Of Crude Oil Price
5. Market By Location
5.1. Onshore
5.2. Offshore
6. Market By Application
6.1. Drilling Fluids
6.2. Cementing
6.3. Enhanced Oil Recovery
6.4. Production Chemicals
6.5. Well Stimulation
6.6. Workover & Completion
7. Market By Type
7.1. Biocides
7.2. Corrosion & Scale Inhibitors
7.3. Demulsifiers
7.4. Surfactants
7.5. Polymers
7.6. Gellants & Viscosifiers
7.7. Other Chemicals
8. Key Analytics
8.1. Porter's Five Force Model
8.1.1. Threat Of New Entrants
8.1.2. Threat Of Substitute
8.1.3. Bargaining Power Of Suppliers
8.1.4. Bargaining Power Of Buyers
8.1.5. Threat Of Competitive Rivalry
8.2. Opportunity Matrix
8.3. Vendor Landscape
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. Russia
9.2.2. Norway
9.2.3. United Kingdom
9.2.4. Denmark
9.2.5. Italy
9.2.6. Rest Of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. India
9.3.3. South Korea
9.3.4. Japan
9.3.5. Australia
9.3.6. Rest Of Asia Pacific
9.4. Rest Of World
9.4.1. Latin America
9.4.2. Middle East & Africa
10. Company Profiles
10.1. Albemarle Corp.
10.2. Akzo Nobel N.V.
10.3. Baker Hughes
10.4. Basf Se
10.5. Clariant
10.6. Croda International Plc
10.7. Dow Chemical Company
10.8. Ecolab Inc.
10.9. Halliburton Company
10.10. Lubrizol Corporation
10.11. Nalco Company Llc
10.12. Newpark Resources, Inc.
10.13. Schlumberger Limited
10.14. Solvay S.A.
10.15. Stepan Company
List of Tables
Table 1: Global Oilfield Chemicals Market, By Geography, 2019-2027 (In $ Million)
Table 2: Cost Of Disposing Hazardous Chemicals With Various Techniques
Table 3: Global Oilfield Chemicals Market, By Location, 2019-2027 (In $ Million)
Table 4: Global Onshore Market, By Region, 2019-2027 (In $ Million)
Table 5: Global Offshore Market, By Region, 2019-2027 (In $ Million)
Table 6: Global Oilfield Chemicals Market, By Application, 2019-2027 (In $ Million)
Table 7: Global Drilling Fluids Market, By Region, 2019-2027 (In $ Million)
Table 8: Global Cementing Market, By Region, 2019-2027 (In $ Million)
Table 9: Global Enhanced Oil Recovery Market, By Region, 2019-2027 (In $ Million)
Table 10: Global Production Chemicals Market, By Region, 2019-2027 (In $ Million)
Table 11: Global Well Stimulation Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Workover & Completion Market, By Region, 2019-2027 (In $ Million)
Table 13: Global Oilfield Chemicals Market, By Type, 2019-2027 (In $ Million)
Table 14: Global Biocides Market, By Region, 2019-2027 (In $ Million)
Table 15: Global Corrosion & Scale Inhibitors Market, By Region, 2019-2027 (In $ Million)
Table 16: Global Demulsifiers Market, By Region, 2019-2027 (In $ Million)
Table 17: Global Surfactants Market, By Region, 2019-2027 (In $ Million)
Table 18: Global Polymers Market, By Region, 2019-2027 (In $ Million)
Table 19: Global Gellants & Viscosifiers Market, By Region, 2019-2027 (In $ Million)
Table 20: Global Other Chemicals Market, By Region, 2019-2027 (In $ Million)
Table 21: Opportunity Matrix
Table 22: Vendor Landscape
Table 23: Global Oilfield Chemicals Market, By Geography, 2019-2027 (In $ Million)
Table 24: North America Oilfield Chemicals Market, By Country, 2019-2027 (In $ Million)
Table 25: Europe Oilfield Chemicals Market, By Country, 2019-2027 (In $ Million)
Table 26: Asia Pacific Oilfield Chemicals Market, By Country, 2019-2027 (In $ Million)
Table 27: Rest Of World Oilfield Chemicals Market, By Region, 2019-2027 (In $ Million)
List of Figures
Figure 1: Global Oilfield Chemicals Market, By Type, 2018 & 2027 (In %)
Figure 2: Global Oilfield Chemicals Market, By Onshore, 2019-2027 (In $ Million)
Figure 3: Global Oilfield Chemicals Market, By Offshore, 2019-2027 (In $ Million)
Figure 4: Global Oilfield Chemicals Market, By Drilling Fluids, 2019-2027 (In $ Million)
Figure 5: Global Oilfield Chemicals Market, By Cementing, 2019-2027 (In $ Million)
Figure 6: Global Oilfield Chemicals Market, By Enhanced Oil Recovery, 2019-2027 (In $ Million)
Figure 7: Global Oilfield Chemicals Market, By Production Chemicals, 2019-2027 (In $ Million)
Figure 8: Global Oilfield Chemicals Market, By Well Stimulation, 2019-2027 (In $ Million)
Figure 9: Global Oilfield Chemicals Market, By Workover & Completion, 2019-2027 (In $ Million)
Figure 10: Global Oilfield Chemicals Market, By Biocides, 2019-2027 (In $ Million)
Figure 11: Global Oilfield Chemicals Market, By Corrosion & Scale Inhibitors, 2019-2027 (In $ Million)
Figure 12: Global Oilfield Chemicals Market, By Demulsifiers, 2019-2027 (In $ Million)
Figure 13: Global Oilfield Chemicals Market, By Surfactants, 2019-2027 (In $ Million)
Figure 14: Global Oilfield Chemicals Market, By Polymers, 2019-2027 (In $ Million)
Figure 15: Global Oilfield Chemicals Market, By Gellants & Viscosifiers, 2019-2027 (In $ Million)
Figure 16: Global Oilfield Chemicals Market, By Other Chemicals, 2019-2027 (In $ Million)
Figure 17: Porter's Five Force Analysis
Figure 18: Global Oilfield Chemicals Market, Regional Outlook, 2018 & 2027 (In %)
Figure 19: United States Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 20: Canada Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 21: Russia Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 22: Norway Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 23: United Kingdom Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 24: Denmark Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 25: Italy Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 26: Rest Of Europe Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 27: China Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 28: India Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 29: South Korea Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 30: Japan Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 31: Australia Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 32: Rest Of Asia Pacific Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 33: Latin America Oilfield Chemicals Market, 2019-2027 (In $ Million)
Figure 34: Middle East & Africa Oilfield Chemicals Market, 2019-2027 (In $ Million)
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