Oil Field Chemicals Market: Global Industry Analysis and Forecast (2022-2029)

Oil Field Chemicals Market is expected to grow at a CAGR of 4.4% during the forecast period and is expected to reach US$ 100471.53 Mn by 2029. The global Oil Field Chemicals Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Oil Field Chemicals Market report also provides trends by market segments, technology, and investment with a competitive landscape. Oil Field Chemicals Market To know about the Research Methodology :- Request Free Sample Report

Oil Field Chemicals Market Overview:

An oil field is a reservoir of hydrocarbon sealed by impermeable rock, particularly with the one that exploits. Oil field chemicals have functions like oil recovery, drilling optimization, corrosion protection, to prevent mud loss in various locations, to stabilize drilling fluid in high pressure and fluctuating temperature.

Oil Field Chemicals Market Dynamics:

The growing demand for oil and its derivatives is very needed for a production facility in crude oil manufacturing. Enormous growth opportunities are opening the door for manufactures to invest in developing the customized product formulations and to provide strong chemical support. The rapid growth and investment in the oilfield service industries by the world is greatly focusing on expansion and production of participant's involvement in the business and market. Frost and Sullivan's latest analysis on the global oil field chemicals market discloses that the development and technological innovation have advanced the oil field chemical industries with the superior performance and characteristic properties of oils similarly have covered the various application use, prices, and market growth. The market share of the oil field chemical market was valued at USD 11.2 billion in 2020 and is estimated to reach USD 14.1 billion with a growing CAGR of 4.4% in the forecast period. Additionally, the global market is accrediting to the rising production of crude oil post-COVID-19 pandemic and this increase has simultaneously benefited the growth and demand of oil and energy-related products. The innovation of the new oilfield in boosting the aging reservoirs offers robust opportunities to the manufactures and the key players present in the oilfield chemical market.

Oil Field Chemicals Market Segment Analysis:

By Type, the segment is divided into Demulsifiers, Inhibitors & Scavengers, Rheology Modifiers, Friction Reducers, Specialty Biocides, Specialty Surfactants, and Pour Point Depressants. Demulsifiers are dominating the type segment in the oil field chemical market. The Demulsifiers market size was valued at USD 2.3 billion in 2020 and is estimated to reach USD 2.9 billion with a growing CAGR of 4.1% in the forecast period. Demulsifiers are widely used in the separation process of oils and water from crude water-oil emulsions. This process reduces the adulteration of water in the manufactured oil. By Application, the segment is categorized into Production Chemical, well stimulation, Aging and mature oil fields, heavy oil field, offshore oil fields. Production Chemical sub-segment is dominating the application segment of the oilfield chemical market. Owed to wider application of production chemical in the forecast period. The production of high-performance chemicals, and the oil & gas industry is boosting the market growth of oil field chemical industries. Production Chemicals for the Oil and Gas Industries shows various classes of production chemicals for use topside and downhole in the upstream oil and gas industry. The second dominating is well stimulation as it consumes a higher quantity of chemicals. The rising energy demand is expected to boost crude oil production and this factor motivates the demand of the oil field chemical market in the forecast period.

Oil Field Chemicals Market Regional Insights:

Global Oil Field Chemicals Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. North America is dominating the Global Oil Field Chemicals Market owing to the rising importance of shale gas production and exploration in the region. The dominating country in North America is the US and contributes a major share in the shale gas industry owed to wider technological investments and rising export-import of oil field chemicals in the region. The demand for oil field chemicals is directly responsible for the growth of Shale gas production in North America. Additionally, the production facility has increased due to growing demand and rising developing countries across the globe. Moreover, the region has a huge presence of onshore and offshore oil reservoirs. The objective of the report is to present a comprehensive analysis of the global Oil Field Chemicals Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Oil Field Chemicals Market dynamics, structure by analyzing the market segments and project the global Oil Field Chemicals Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Oil Field Chemicals Market makes the report investor's guide.

Oil Field Chemicals Market Scope: Inquire before buying

Oil Field Chemicals Market, by Region

• North America • Europe • Asia Pacific • South America

Oil Field Chemicals Market Key Player

• BASF SE (Germany) • Clariant (Switzerland) • The Dow Chemical Company (US) • Solvay (Belgium) Ecolab Inc. (US) • Halliburton (US) • Schlumberger Limited (US) • Nouryon (Netherlands) • Baker Hughes Incorporated (US) • Kemira (Finland) • Huntsman (US) • Croda (UK) • Albermarle (US) • Chevron Philips Chemical Company (US) • Innospec Inc. (US) • National Oilwell Varco (US) • Geo Specialty Chemicals (US) • Kraton (US) • Thermax (India) • Oleon (Belgium) • Ashland (US) • PubChem Energy Services (Canada) • Stepan Company (US) • Elementis (US) Frequently Asked Questions: 1. What is the growth rate of Global Oil Field Chemicals Market Market? Ans: The Global Oil Field Chemicals Market Market is growing at a CAGR of 4.4% during forecasting period 2022-2029. 2. What is scope of the Global Oil Field Chemicals Market market report? Ans: Global Oil Field Chemicals Market Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 3. Who are the key players in Global Oil Field Chemicals Market market? Ans: The important key players in the Global Oil Field Chemicals Market Market are – BASF SE (Germany), Clariant (Switzerland), The Dow Chemical Company (US), Solvay (Belgium) Ecolab Inc. (US), Halliburton (US), Schlumberger Limited (US), Nouryon (Netherlands), Baker Hughes Incorporated (US), Kemira (Finland), Huntsman (US), Croda (UK), Albermarle (US), Chevron Philips Chemical Company (US), Innospec Inc. (US), National Oilwell Varco (US), Geo Specialty Chemicals (US), Kraton (US), Thermax (India), Oleon (Belgium), Ashland (US), PubChem Energy Services (Canada), Stepan Company (US), and Elementis (US) 4. What is the study period of this market? Ans: The Global Oil Field Chemicals Market Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Oil Field Chemicals Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Oil Field Chemicals Market 3.4. Geographical Snapshot of the Oil Field Chemicals Market, By Manufacturer share 4. Global Oil Field Chemicals Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Oil Field Chemicals Market 5. Supply Side and Demand Side Indicators 6. Global Oil Field Chemicals Market Analysis and Forecast, 2019-2026 6.1. Global Oil Field Chemicals Market Size & Y-o-Y Growth Analysis. 7. Global Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.1.1. Demulsifiers 7.1.2. Inhibitors & Scavengers 7.1.3. Rheology Modifiers 7.1.4. Friction Reducers 7.1.5. Specialty Biocides 7.1.6. Specialty Surfactants 7.1.7. Pour Point Depressants 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Production 7.2.2. Well Stimulation 7.2.3. Heavy Oil 7.2.4. Offshore Oil Fields 8. Global Oil Field Chemicals Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.1.1. Demulsifiers 9.1.2. Inhibitors & Scavengers 9.1.3. Rheology Modifiers 9.1.4. Friction Reducers 9.1.5. Specialty Biocides 9.1.6. Specialty Surfactants 9.1.7. Pour Point Depressants 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Production 9.2.2. Well Stimulation 9.2.3. Heavy Oil 9.2.4. Offshore Oil Fields 10. North America Oil Field Chemicals Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12. Canada Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13. Mexico Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14. Europe Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 15. Europe Oil Field Chemicals Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17. France Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18. Germany Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19. Italy Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20. Spain Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21. Sweden Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22. CIS Countries Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23. Rest of Europe Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24. Asia Pacific Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 25. Asia Pacific Oil Field Chemicals Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27. India Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28. Japan Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29. South Korea Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30. Australia Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31. ASEAN Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32. Rest of Asia Pacific Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33. Middle East Africa Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 34. Middle East Africa Oil Field Chemicals Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36. GCC Countries Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38. Nigeria Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39. Rest of ME&A Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40. South America Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 41. South America Oil Field Chemicals Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43. Argentina Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44. Rest of South America Oil Field Chemicals Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Types, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. BASF SE (Germany) 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. Clariant (Switzerland) 45.3.3. The Dow Chemical Company (US) 45.3.4. Solvay (Belgium) Ecolab Inc. (US) 45.3.5. Halliburton (US) 45.3.6. Schlumberger Limited (US) 45.3.7. Nouryon (Netherlands) 45.3.8. Baker Hughes Incorporated (US) 45.3.9. Kemira (Finland) 45.3.10. Huntsman (US) 45.3.11. Croda (UK) 45.3.12. Albermarle (US) 45.3.13. Chevron Philips Chemical Company (US) 45.3.14. Innospec Inc. (US) 45.3.15. National Oilwell Varco (US) 45.3.16. Geo Specialty Chemicals (US) 45.3.17. Kraton (US) 45.3.18. Thermax (India) 45.3.19. Oleon (Belgium) 45.3.20. Ashland (US) 45.3.21. PureChem Energy Services (Canada) 45.3.22. Stepan Company (US) 45.3.23. Elementis (US) 46. Primary Key Insights

About This Report

Report ID 105528
Category Material & Chemical
Published Date June 2021
Updated Date Aug 2022
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