Global Oilfield Chemicals Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 4.64% - ResearchAndMarkets.com
The "Global
Oilfield Chemicals Market - Segmentation by Chemical Type, Application,
and Geography - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.
The oilfield chemicals market is estimated was valued at USD 26.06
billion in 2017 and is expected to reach USD 32.68 billion by 2023 with
an estimated CAGR of 4.64%, during the forecast period, 2018-2023.
The well stimulation segment is expected to expand at a fastest CAGR
during the forecast period. The United States is the largest beneficiary
of this technology due to the increasing activity in unconventional
plays. The Middle East and the Asia-Pacific regions have also shown
immense potential in adopting the well stimulation techniques. Europe is
also expected to shift its focus to the exploration of shale in the
North Sea due to increasing requirement to become more energy
self-sufficient.
North America is the leader across the globe for oilfield chemicals with
an estimated CAGR of 5.00% due to the increased emphasis on shale gas
production and exploration in the region. The United States accounts for
the major share in North America mainly owing to the boom in shale gas
industry, advancements in technologies and increasing oil exports.
Countries, such as India and China are making large investments in the
energy sector, owing to the growing demand for crude oil and petroleum.
Europe holds a stable market oilfields chemicals market.
Companies Mentioned
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Akzo Nobel N.V.
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Albemarle Corporation
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Ashland Inc
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Baker Hughes Incorporated
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BASF SE
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Canadian Energy Services & Technology Corp
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Clariant AG
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Croda International Plc.
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Drilling Specialties Company
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DowDupont
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Elementis Plc.
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ExxonMobil Chemical Company Inc.
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Flotek Industries Inc.
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Halliburton
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Huntsman International LLC
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Innospec Specialty Chemicals
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Kemira Oyj
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Nalco Champion Technologies Inc.
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Schlumberger Limited
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Scomi Energy Services Bhd
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Solvay
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The Lubrizol Corporation
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Zirax Limited
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/2vmtjv/global_oilfield?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005279/en/
Copyright Business Wire 2018
Source: Business Wire
(May 18, 2018 - 7:58 AM EDT)
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