Market Overview:
The global paraffin inhibitors 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 exploration and drilling activities are also contributing to the growth of this market. Based on type, the global paraffin inhibitors market is segmented into: Type I, Type II, and others. The Type I segment is expected to hold a major share in this market during the forecast period owing to its high efficiency in inhibiting paraffin deposition. Based on application, this market is divided into: Exploration and drilling, storage, transportation (pipelines), and others segments.
Product Definition:
Paraffin inhibitors are chemicals that are used to stop or slow down the production of paraffin wax. Paraffin inhibitors can be used to help control the amount of wax that is produced in an oil well, which can help improve the flow of oil from the well.
Type of Well Completion:
The global market for type of well completion is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for crude oil and natural gas in various end-use industries such as power generation, transportation, industrial manufacturing and domestic utilities. Also, growing energy needs due to population explosion across the globe will boost further this industry’s development.
Depth of Well:
The depth of well is the total vertical distance between the surface level of the drilling platform and the bottom ofthe wellbore. The deeper a well is drilled, generally, the more productive it becomes. The productivity or efficiency ofa well depends on its ability to access larger reserves under pressure which requires longer drilling distances.
Application Insights:
Based on the application, the global market is segmented into exploration and drilling, transportation (pipelines), storage and others. The exploration and drilling segment dominated the overall industry in 2017. This can be attributed to increasing demand for various types of services related to oil & gas discovery from both conventional as well as unconventional sources across all major regions of the globe including North America, Europe, Asia Pacific and Middle East & Africa.
The transportation sector includes pipeline facilities that transport crude oil or petroleum products from a production site to an external seaport where it is loaded onto tankers for delivery overseas or domestic markets within a country. Pipelines are vital arteries through which crude oil/petroleum products pass on their way towards their final destinations thus they play an important role in inter-state trade as well as intra-state distribution within countries.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in oil and gas E&P activities due to low oil prices. However, rising demand for natural gas as a feedstock for producing petrochemicals is anticipated to drive industry expansion over the coming years.
The Asia Pacific regional market accounted for more than 25% of global revenue share in 2017 and is estimated to exhibit high growth during the forecast period from 2018 to 2030 owing both offshore & onshore developments across countries such as China, India, Indonesia, Malaysia & Thailand among others which are majorly contributing toward overall development of well completion techniques used worldwide including drilling techniques and downhole tools such as wireline services (drilling fluid flow rate control), surface location equipment (fluid temperature measurement) and surface-based tools such as mud pumps & derricks among others that are driving industry expansion worldwide.
Growth Factors:
- Increasing demand for paraffin inhibitors in the oil and gas industry to improve production efficiency
- Rising demand from end-use industries such as automotive, construction, and packaging
- Growing investments in R&D for developing new and better paraffin inhibitors products
- Expansion of global manufacturing capacities by key players
- Increasing awareness about the benefits of using paraffin inhibitors among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Paraffin Inhibitors Market Research Report
By Type
Type of Well Completion, Depth of Well, Fluid Level of Well, Bottom Hole Temperature, Surface Temperature, Downhole and Surface Location of Paraffin Deposition, Water/Oil Ratio, Total Fluid Volume of System
By Application
Exploration and Drilling, Storage, Transportation (Pipelines)
By Companies
BASF, NALCO, Halliburton, Evonik Industries, Croda, Schlumberger, GE(Baker Hughes), GE, Clariant, AkzoNobel, BASF, Refinery Specialties, Dorf Ketal Chemicals
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Paraffin Inhibitors Market Report Segments:
The global Paraffin Inhibitors market is segmented on the basis of:
Types
Type of Well Completion, Depth of Well, Fluid Level of Well, Bottom Hole Temperature, Surface Temperature, Downhole and Surface Location of Paraffin Deposition, Water/Oil Ratio, Total Fluid Volume of System
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
Exploration and Drilling, Storage, Transportation (Pipelines)
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:
- BASF
- NALCO
- Halliburton
- Evonik Industries
- Croda
- Schlumberger
- GE(Baker Hughes)
- GE
- Clariant
- AkzoNobel
- BASF
- Refinery Specialties
- Dorf Ketal Chemicals
Highlights of The Paraffin Inhibitors 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:
- Type of Well Completion
- Depth of Well
- Fluid Level of Well
- Bottom Hole Temperature
- Surface Temperature
- Downhole and Surface Location of Paraffin Deposition
- Water/Oil Ratio
- Total Fluid Volume of System
- By Application:
- Exploration and Drilling
- Storage
- Transportation (Pipelines)
- 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 Inhibitors 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
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- Understanding Competition Scenario
- Product & Brand Management
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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 inhibitors are a type of medication that help to prevent the spread of cancer. They work by stopping the growth of cancer cells.
Some of the major players in the paraffin inhibitors market are BASF, NALCO, Halliburton, Evonik Industries, Croda, Schlumberger, GE(Baker Hughes), GE, Clariant, AkzoNobel, BASF, Refinery Specialties, Dorf Ketal Chemicals.
The paraffin inhibitors 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 Paraffin Inhibitors 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 Inhibitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paraffin Inhibitors 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 Inhibitors 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 Inhibitors Market Size & Forecast, 2020-2028
4.5.1 Paraffin Inhibitors Market Size and Y-o-Y Growth
4.5.2 Paraffin Inhibitors 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 Type of Well Completion
5.2.2 Depth of Well
5.2.3 Fluid Level of Well
5.2.4 Bottom Hole Temperature
5.2.5 Surface Temperature
5.2.6 Downhole and Surface Location of Paraffin Deposition
5.2.7 Water/Oil Ratio
5.2.8 Total Fluid Volume of System
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 Exploration and Drilling
6.2.2 Storage
6.2.3 Transportation (Pipelines)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paraffin Inhibitors 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 Inhibitors 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 Type of Well Completion
9.6.2 Depth of Well
9.6.3 Fluid Level of Well
9.6.4 Bottom Hole Temperature
9.6.5 Surface Temperature
9.6.6 Downhole and Surface Location of Paraffin Deposition
9.6.7 Water/Oil Ratio
9.6.8 Total Fluid Volume of System
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 Exploration and Drilling
9.10.2 Storage
9.10.3 Transportation (Pipelines)
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 Type of Well Completion
10.6.2 Depth of Well
10.6.3 Fluid Level of Well
10.6.4 Bottom Hole Temperature
10.6.5 Surface Temperature
10.6.6 Downhole and Surface Location of Paraffin Deposition
10.6.7 Water/Oil Ratio
10.6.8 Total Fluid Volume of System
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 Exploration and Drilling
10.10.2 Storage
10.10.3 Transportation (Pipelines)
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 Type of Well Completion
11.6.2 Depth of Well
11.6.3 Fluid Level of Well
11.6.4 Bottom Hole Temperature
11.6.5 Surface Temperature
11.6.6 Downhole and Surface Location of Paraffin Deposition
11.6.7 Water/Oil Ratio
11.6.8 Total Fluid Volume of System
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 Exploration and Drilling
11.10.2 Storage
11.10.3 Transportation (Pipelines)
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 Type of Well Completion
12.6.2 Depth of Well
12.6.3 Fluid Level of Well
12.6.4 Bottom Hole Temperature
12.6.5 Surface Temperature
12.6.6 Downhole and Surface Location of Paraffin Deposition
12.6.7 Water/Oil Ratio
12.6.8 Total Fluid Volume of System
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 Exploration and Drilling
12.10.2 Storage
12.10.3 Transportation (Pipelines)
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 Type of Well Completion
13.6.2 Depth of Well
13.6.3 Fluid Level of Well
13.6.4 Bottom Hole Temperature
13.6.5 Surface Temperature
13.6.6 Downhole and Surface Location of Paraffin Deposition
13.6.7 Water/Oil Ratio
13.6.8 Total Fluid Volume of System
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 Exploration and Drilling
13.10.2 Storage
13.10.3 Transportation (Pipelines)
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 Inhibitors Market: Competitive Dashboard
14.2 Global Paraffin Inhibitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 NALCO
14.3.3 Halliburton
14.3.4 Evonik Industries
14.3.5 Croda
14.3.6 Schlumberger
14.3.7 GE(Baker Hughes)
14.3.8 GE
14.3.9 Clariant
14.3.10 AkzoNobel
14.3.11 BASF
14.3.12 Refinery Specialties
14.3.13 Dorf Ketal Chemicals
