Market Overview:
The global oil field chemicals market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas, shale gas, and polyacrylamide across the globe. In terms of type, the alkyl phenols and ethoxylated aps segment is expected to lead the market during the forecast period owing to its properties such as corrosion inhibition, scale inhibition, and biocide activity. In terms of application, the oilfield chemicals market is segmented into oil and gas production and shale gas production.
Product Definition:
An oil field chemical is a substance that is used in the petroleum industry to help with various aspects of the production process. Some of these chemicals are used to help extract the oil from the ground, while others are used to help keep the equipment clean and functioning properly. Oil field chemicals can also be used for safety purposes, such as fire suppression.
Alkyl Phenols and Ethoxylated Aps:
Alkyl phenols and ethoxylated aps are used in oil field chemicals for drilling muds, well stimulations, fracturing fluids and perforating guns. The factors that propel the growth of Alkyl phenols & ethoxylated aps in Oil Field Chemicals market include growing demand from the downstream sector due to rising awareness towards environment protection. Also increasing government regulations owing to environmental degradation is another factor that propels growth.
Glutaraldehyde-base Biocides:
Glutaraldehyde-base biocides are used in oil field chemicals for the prevention of corrosion & scale formation on pipelines, equipment & containers. They also help to prevent water contamination during production processes. These products are cost effective and have a broad spectrum action which helps them to be used in various applications across various industries including petrochemical, metal processing and power generation among others.
Application Insights:
The global demand for the product has witnessed a paradigm shift due to shale gas revolution in North America. The region is projected to account for over 60% of the total market revenue by 2030. Increasing use of chemicals in fracturing fluids, which helps enhance oil and gas recovery rates, is expected to drive growth over the forecast period.
The growing importance of shale gas as an alternative source of energy owing to its cleaner combustion quality and low cost has attracted a large number of producers across China, Argentina, Australia and India. This factor along with increasing production levels in Saudi Arabia & URR Iran are anticipated to augment industry growth over the next eight years from 2018-2030.
Regional Analysis:
North America was the dominant regional market in 2017 and is expected to maintain its position over the forecast period. The region accounted for a share of more than 30% of global oil field chemicals demand in 2017. North America has been witnessing an increasing number of shale gas reserves, which will drive product demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 3% from 2018 to 2030 owing to rapid development activities undertaken by various governments across countries such as China, India, Indonesia, Malaysia and Thailand for enhancing production capacities within their respective nations. These factors are projected to boost product consumption across Asia Pacific during the estimated time span.
The Middle East & Africa (MEA) region also holds significant potential for growth on account of large oil & gas reserves present across countries such as Saudi Arabia.
Growth Factors:
- Increasing demand for oilfield chemicals from the upstream and downstream sectors of the oil and gas industry
- Rising investments in exploration and production activities across the globe
- Growing use of advanced drilling technologies that require specialized chemicals for enhanced performance
- Proliferation of shale gas development in North America and other regions
- Stringent environmental regulations to control emissions from oil & gas operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Field Chemicals Market Research Report
By Type
Alkyl Phenols and Ethoxylated Aps, Glutaraldehyde-base Biocides, Polyacrylamide, Pour Point Depressants
By Application
Oil and Gas, Shale Gas
By Companies
SNF, CNPC, BASF, Nalco Champion, GE(Baker Hughes), Schlumberger, Halliburton, Kemira, Clariant, Lubrizol, SNF, Chevron Phillips, Innospec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Oil Field Chemicals Market Report Segments:
The global Oil Field Chemicals market is segmented on the basis of:
Types
Alkyl Phenols and Ethoxylated Aps, Glutaraldehyde-base Biocides, Polyacrylamide, Pour Point Depressants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Shale Gas
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SNF
- CNPC
- BASF
- Nalco Champion
- GE(Baker Hughes)
- Schlumberger
- Halliburton
- Kemira
- Clariant
- Lubrizol
- SNF
- Chevron Phillips
- Innospec
Highlights of The Oil Field Chemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alkyl Phenols and Ethoxylated Aps
- Glutaraldehyde-base Biocides
- Polyacrylamide
- Pour Point Depressants
- By Application:
- Oil and Gas
- Shale Gas
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Field Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil field chemicals are a type of hazardous material that is used in the oil and gas industry. These materials can be harmful if they are released into the environment, and they must be handled carefully to avoid causing harm. Oil field chemicals can include things like solvents, drilling muds, and fracking fluids.
Some of the key players operating in the oil field chemicals market are SNF, CNPC, BASF, Nalco Champion, GE(Baker Hughes), Schlumberger, Halliburton, Kemira, Clariant, Lubrizol, SNF, Chevron Phillips, Innospec.
The oil field chemicals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil Field Chemicals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil Field Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil Field Chemicals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil Field Chemicals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil Field Chemicals Market Size & Forecast, 2018-2028
4.5.1 Oil Field Chemicals Market Size and Y-o-Y Growth
4.5.2 Oil Field Chemicals Market Absolute $ Opportunity
Chapter 5 Global Oil Field Chemicals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oil Field Chemicals Market Size Forecast by Type
5.2.1 Alkyl Phenols and Ethoxylated Aps
5.2.2 Glutaraldehyde-base Biocides
5.2.3 Polyacrylamide
5.2.4 Pour Point Depressants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil Field Chemicals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oil Field Chemicals Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Shale Gas
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Field Chemicals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil Field Chemicals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oil Field Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Oil Field Chemicals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oil Field Chemicals Market Size Forecast by Type
9.6.1 Alkyl Phenols and Ethoxylated Aps
9.6.2 Glutaraldehyde-base Biocides
9.6.3 Polyacrylamide
9.6.4 Pour Point Depressants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oil Field Chemicals Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Shale Gas
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oil Field Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Oil Field Chemicals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oil Field Chemicals Market Size Forecast by Type
10.6.1 Alkyl Phenols and Ethoxylated Aps
10.6.2 Glutaraldehyde-base Biocides
10.6.3 Polyacrylamide
10.6.4 Pour Point Depressants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oil Field Chemicals Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Shale Gas
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oil Field Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil Field Chemicals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oil Field Chemicals Market Size Forecast by Type
11.6.1 Alkyl Phenols and Ethoxylated Aps
11.6.2 Glutaraldehyde-base Biocides
11.6.3 Polyacrylamide
11.6.4 Pour Point Depressants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oil Field Chemicals Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Shale Gas
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oil Field Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil Field Chemicals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oil Field Chemicals Market Size Forecast by Type
12.6.1 Alkyl Phenols and Ethoxylated Aps
12.6.2 Glutaraldehyde-base Biocides
12.6.3 Polyacrylamide
12.6.4 Pour Point Depressants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oil Field Chemicals Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Shale Gas
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oil Field Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil Field Chemicals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oil Field Chemicals Market Size Forecast by Type
13.6.1 Alkyl Phenols and Ethoxylated Aps
13.6.2 Glutaraldehyde-base Biocides
13.6.3 Polyacrylamide
13.6.4 Pour Point Depressants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oil Field Chemicals Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Shale Gas
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil Field Chemicals Market: Competitive Dashboard
14.2 Global Oil Field Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SNF
14.3.2 CNPC
14.3.3 BASF
14.3.4 Nalco Champion
14.3.5 GE(Baker Hughes)
14.3.6 Schlumberger
14.3.7 Halliburton
14.3.8 Kemira
14.3.9 Clariant
14.3.10 Lubrizol
14.3.11 SNF
14.3.12 Chevron Phillips
14.3.13 Innospec
