World Oil Field Chemicals Market Opportunities and Forecasts, 2022 - Research and Markets
Research and Markets has announced the addition of the "World
Oil Field Chemicals Market - Opportunities and Forecast, 2014 - 2022"
report to their offering.
The global energy needs are constantly increasing and the current supply
of crude oil and natural gas are insufficient. Oil field chemicals are
the important component of crude oil and natural gas, which fulfill the
world's energy needs. Oil field chemicals have application in crude oil
and natural gas production, pipeline gathering systems, and gas
processing.
These chemicals are used in the exploration and processing of crude oil
and natural gas, drilling fluid, cementing, and oil production
chemicals. Oil field chemicals present in the market include
demulsifiers, surfactants, corrosion inhibitors, oxygen scavengers,
paraffin dispersants, water coagulants, and biocides. High energy
consumption in emerging countries such as, India, China and Latin
America are boosting the demand for crude oil and ultimately increasing
the demand for oil field chemicals. Stringent government and
environmental regulations associated with the use of oil field chemicals
is one of the restraining factors for global oil field chemicals market.
Global oil field chemicals market is segmented on the basis of its type,
application, and geography. Types comprises of oil- and water-soluble
demulsifiers, corrosion emulsifier, surfactants, dispersants and others.
Applications of oilfield chemicals are drilling, cementing, stimulation,
production and enhanced oil recovery. Geographically, global oilfield
chemicals market is segmented as North America, Europe, Asia Pacific,
and LAMEA. North America is the largest consumer of oilfield chemicals.
Key players in oilfield chemicals market are
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Imperial Oilfield Chemicals Pvt. Ltd.
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REDA Oilfield
-
Novochem
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BASF
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FRAC CHEM
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Stepan
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Independence Oilfield Chemicals
-
Ingevity (MWV Specialty Chemicals).
Major strategies adopted by these players include product launches,
collaborations and mergers & acquisitions over last few years.
MARKET SEGMENTATION:
MARKET BY TYPES
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Oil- and water-soluble emulsifiers
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Corrosion emulsifier
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Surfactants
-
Dispersants
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Others
MARKET BY APPLICATION
-
Drilling
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Cementing
-
Stimulation
-
Production
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Enhanced Oil Recovery
For more information visit http://www.researchandmarkets.com/research/79nrzt/world_oil_field
View source version on businesswire.com: http://www.businesswire.com/news/home/20160707006092/en/
Copyright Business Wire 2016
Source: Business Wire
(July 7, 2016 - 12:36 PM EDT)
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