Oilfield Chemicals Market Competitive Landscape, Growth Factors, Revenue Analysis, 2020–2026
High investments from multinational oil and gas majors such as Suncor Energy, Husky Energy, Shell, Imperial Oil, Cenovus, and ExxonMobil is expected to steer drilling activities over the forecast period. Additionally, large reserves of unconventional hydrocarbon reserves in the form of shale gas, tight oil and oil sands will drive the oilfield chemicals market.
Oilfield
Chemicals Market Size – USD 0.92 Billion in 2018, Market Growth - CAGR of
4.51%%, Market Trends – Product launches and research for advanced Oilfield
Chemicals Market
The global Oilfield
Chemicals market research report published by Reports and Data offers a
comprehensive study of the overall industry to help customers and investors
understand the market dynamics and formulate strategic investment plans. The
report provides an extensive assessment of the key organizations operating in
the materials and chemicals industry to offer better insights into competition
scenario on a global and regional level. Growing competition in the global
market has led to increasing innovation and technological advancement in the
sector to meet the rising demand of environmentally conscious consumers. The
report offers crucial and accurate data obtained through extensive primary and
secondary research. The report also analyzes the manufacturing and consumption
of products to give an accurate forecast estimation of the global Oilfield
Chemicals market.
Key
companies profiled in the report:
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a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1065
The materials and chemicals industry
covers a wide range products such as perfumes, soaps, and detergents along with
other raw materials that are used to make other products. Global demand and
consumption of these products across various end-use industries such as food
technology, medical and pharmaceutical, and manufacturing, among others.
Increasing awareness about energy-efficiency and growing need to reduce carbon
emissions have led to the advent of environmentally sustainable biodegradable
products.
Over the years, mergers and acquisitions, collaborations,
and partnerships have played a pivotal role in companies’ plans of expanding
customer base and gaining a robust footing in the market. Growing research and
development activities to expand the application scope of materials and
chemicals is a key revenue growth driving factor. New product launches,
technological advancements, rising demand for range of perfumes and soaps for
daily use, and increasing automation in the industry have significantly accelerated
market growth. The market growth is also driven by rising level of disposable
income, preference shift, and recent collaborations in the market.
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know more about the report @ https://www.reportsanddata.com/report-detail/oilfields-chemical-market
The report further discusses in detail the market and
regional segmentation, overall regional landscape, product offerings, market
strategies, current and emerging trends, restraints and drivers, limitations,
threats, and challenges the market is expected to observe in the coming years.
The report also utilizes key statistical tools such as SWOT analysis, Porter’s
Five Forces analysis, feasibility analysis, and venture return analysis to
offer better insights into the market landscape. The report also covers recent
developments and trends and provides a comprehensive industry overview to help
readers understand the complete scenario and dynamics of the Oilfield Chemicals
market.
Regions
covered by the report:
•
North
America (U.S.A., Canada,
Mexico)
•
Europe (U.K., Italy, Germany, France, Rest of
Europe)
•
Asia
Pacific (India, Japan, China,
South Korea, Australia, Rest of APAC)
•
Latin
America (Chile, Brazil,
Argentina, Rest of Latin America)
•
Middle
East & Africa (Saudi
Arabia, U.A.E., South Africa, Rest of MEA)
Oilfield
Chemicals Market Segmentation:
Product (Revenue, USD Million;
2016–2026)
- Inhibitors
- Demulsifiers
- Rheology Modifiers
- Friction Reducers
- Biocides,
- Surfactants
- Foamers
- Others
Location
(Revenue, USD Million; 2016–2026)
- Onshore
- Offshore
Applications
(Revenue, USD Million; 2016–2026)
- Drilling & Cementing
- Enhanced Oil Recovery
- Production
- Well Stimulation
- Workover & Completion
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