May 18, 2018 - 7:58 AM EDT
Print Email Article Font Down Font Up
Global Oilfield Chemicals Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 4.64% - ResearchAndMarkets.com

DUBLIN

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

  • Akzo Nobel N.V.
  • Albemarle Corporation
  • Ashland Inc
  • Baker Hughes Incorporated
  • BASF SE
  • Canadian Energy Services & Technology Corp
  • Clariant AG
  • Croda International Plc.
  • Drilling Specialties Company
  • DowDupont
  • Elementis Plc.
  • ExxonMobil Chemical Company Inc.
  • Flotek Industries Inc.
  • Halliburton
  • Huntsman International LLC
  • Innospec Specialty Chemicals
  • Kemira Oyj
  • Nalco Champion Technologies Inc.
  • Schlumberger Limited
  • Scomi Energy Services Bhd
  • Solvay
  • The Lubrizol Corporation
  • 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

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Oilfield Chemicals


Source: Business Wire (May 18, 2018 - 7:58 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice