Market Overview:
The global paraffin control chemicals market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for oil and gas across the globe. In addition, the growing demand for paraffin control chemicals in offshore and onshore applications is also contributing to the growth of the market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, solvents accounted for majority share in global paraffin control chemicals market in 2017 and is projected to maintain its dominance during forecast period 2018-2030 owing to their ability remove waxes & hydrocarbons from produced fluids without affecting their properties significantly. Dispersants are projected as second largest segment by 2030 due rising application potential primarily across North America region where production volumes are high as compared other regions globally coupled with stringent environmental regulations mandating use these additives for controlling formation damage risks posed by dispersed oil droplets released during production operations .
Product Definition:
Paraffin Control Chemicals are used to help control the level of paraffin in crude oil and refined products. Paraffin is a natural constituent of crude oil, but at high levels it can cause problems in refining and transportation. The use of paraffin control chemicals helps to maintain product quality and reduce the cost associated with removing paraffin from finished products.
Solvents:
Solvents are basically used to dissolve another substance so that it can be used in a different form. They are also known as wetting agents, or defoamers. The most common solvent is water; however, there are many others such as alcohols, glycol ethers and ketones among others. Solvent abuse usually takes place when they are misused or used for the purpose of getting high (illegally).
Dispersants:
Dispersants are additives that help to evenly distribute the paraffin in the oil. They can be natural or artificial in nature and their major application is in petroleum products such as drilling muds, motor oils, and fuel oils.
Dispersants are also used for other products such as waxes, polishes & dry lubricants among others but their major use is in petroleum based products.
Application Insights:
The global market is segmented by application into offshore and onshore. The offshore application dominated the overall industry in terms of revenue in 2017, accounting for over 60% share of the total market. Growing demand for paraffin control chemicals from various industries including oil & gas, power generation, petrochemicals are expected to drive growth over the forecast period.
Onshore emerged as a significant segment with a share of around 30% in 2017 owing to increasing demand from refineries and chemical companies across Europe and North America regions. In addition, growing investments by governments across various countries to increase production capacity are expected to fuel industry expansion over the forecast period. Growing awareness among consumers regarding environment protection coupled with rising environmental concerns is likely to promote use of biodegradable products which will further augment industry penetration during future years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major part of global production owing to low labor costs, which has attracted various oil & gas companies from around the world. China is one of the leading countries in terms of crude oil production and exports across this region. It also holds a dominant share in refining activities due to lower labor costs as compared to other countries such as U.S., Canada, or Australia etc.
North America emerged as one of the promising regions with respect to offshore drilling activities; however, it lags behind onshore shale plays due to lack of infrastructure and technological advancements associated with shale plays etc.; Hence Wax Crystal Modifiers (WCM) are projected To Be A Major Source Of Product Demand In This Region Over The Forecast Period (2018 To 2030).
Growth Factors:
- Increasing demand for paraffin control chemicals from the oil and gas industry as a result of increasing exploration and production activities
- Rising demand for paraffin control chemicals in the refining sector due to stringent environmental regulations
- Growing use of paraffin control chemicals in the petrochemical industry to improve process efficiency
- Increasing investments in R&D by market players to develop new and innovative products
- Expansion of global trade leading to increased demand for paraffin control chemicals
Scope Of The Report
Report Attributes
Report Details
Report Title
Paraffin Control Chemicals Market Research Report
By Type
Solvents, Dispersants, Detergents, Wax Crystal Modifiers, Others
By Application
Offshore, Onshore
By Companies
Oilfield Chemical, Innospec, GE(Baker Hughes), Akzo Nobel, Huntsman, Schlumberger, Envirofluid, Carden, METITO, Berryman Chemical, Oilfield Chemical
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Paraffin Control Chemicals Market Report Segments:
The global Paraffin Control Chemicals market is segmented on the basis of:
Types
Solvents, Dispersants, Detergents, Wax Crystal Modifiers, Others
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
Offshore, Onshore
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:
- Oilfield Chemical
- Innospec
- GE(Baker Hughes)
- Akzo Nobel
- Huntsman
- Schlumberger
- Envirofluid
- Carden
- METITO
- Berryman Chemical
- Oilfield Chemical
Highlights of The Paraffin Control 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:
- Solvents
- Dispersants
- Detergents
- Wax Crystal Modifiers
- Others
- By Application:
- Offshore
- Onshore
- 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 Paraffin Control 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?
Paraffin control chemicals are a type of pesticide that are used to control paraffin waxes.
Some of the major players in the paraffin control chemicals market are Oilfield Chemical, Innospec, GE(Baker Hughes), Akzo Nobel, Huntsman, Schlumberger, Envirofluid, Carden, METITO, Berryman Chemical, Oilfield Chemical.
The paraffin control chemicals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paraffin Control 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 Paraffin Control Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paraffin Control 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 Paraffin Control 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 Paraffin Control Chemicals Market Size & Forecast, 2020-2028
4.5.1 Paraffin Control Chemicals Market Size and Y-o-Y Growth
4.5.2 Paraffin Control Chemicals Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Solvents
5.2.2 Dispersants
5.2.3 Detergents
5.2.4 Wax Crystal Modifiers
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Offshore
6.2.2 Onshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paraffin Control 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 Paraffin Control 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Solvents
9.6.2 Dispersants
9.6.3 Detergents
9.6.4 Wax Crystal Modifiers
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Offshore
9.10.2 Onshore
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Solvents
10.6.2 Dispersants
10.6.3 Detergents
10.6.4 Wax Crystal Modifiers
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Offshore
10.10.2 Onshore
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Solvents
11.6.2 Dispersants
11.6.3 Detergents
11.6.4 Wax Crystal Modifiers
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Offshore
11.10.2 Onshore
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Solvents
12.6.2 Dispersants
12.6.3 Detergents
12.6.4 Wax Crystal Modifiers
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Offshore
12.10.2 Onshore
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Solvents
13.6.2 Dispersants
13.6.3 Detergents
13.6.4 Wax Crystal Modifiers
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Offshore
13.10.2 Onshore
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 Paraffin Control Chemicals Market: Competitive Dashboard
14.2 Global Paraffin Control Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oilfield Chemical
14.3.2 Innospec
14.3.3 GE(Baker Hughes)
14.3.4 Akzo Nobel
14.3.5 Huntsman
14.3.6 Schlumberger
14.3.7 Envirofluid
14.3.8 Carden
14.3.9 METITO
14.3.10 Berryman Chemical
14.3.11 Oilfield Chemical
