The global oil and gas chemicals market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for oil and gas chemicals in downstream applications such as drilling additives, cementing super plasticizers, emulsion breakers, corrosion inhibitors and paraffin dispersants. The downstream application segment accounted for over 60% of the total revenue generated from the global oil and gas chemicals market in 2017.
The North American region dominated the global oil and gas chemicals market with a share of over 40% in 2017 due to its large number of shale plays that are driving exploration activities across various regions in this region. The Latin America region is expected to witness significant growth during the forecast period owing to its vast reserves of crude oil which will drive exploration activities across various regions in this region.
Some Of The Growth Factors Of This Market:
- Increasing investments in exploration activities will also fuel the growth of this market over the forecast period as it will lead to an increase in production capacity of crude oil and natural gas globally, thereby driving up demand for downstream products such as petrochemicals that are used extensively across various industries including construction, transportation, agriculture etc,.
- The increasing use of hydraulic fracturing techniques (fracking) has led to an increase in production capacity of crude oil globally which has resulted in increased consumption levels for downstream products such as petrochemicals that are used extensively across various industries including construction, transportation etc,.
- In addition, technological advancements have led to improved efficiency levels which have reduced costs associated with production processes thereby leading companies towards adopting more cost-effective technologies.
Industry Growth Insights published a new data on “Oil and Gas Chemicals Market”. The research report is titled “Oil and Gas Chemicals Market research by Types (Corrosion inhibitors, Emulsion breakers, Cementing super plasticizers, Paraffin dispersants, Drilling additives, Others), By Applications (Upstream, Midstream, Downstream), By Players/Companies Baker Hughes, Akzo Nobel NV, Elementis Plc, NALCO Champion, Newpak Resources Inc, The Lubrizol Corporation, Halliburton Company, Solvay SA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil and Gas Chemicals Market Research Report
By Type
Corrosion inhibitors, Emulsion breakers, Cementing super plasticizers, Paraffin dispersants, Drilling additives, Others
By Application
Upstream, Midstream, Downstream
By Companies
Baker Hughes, Akzo Nobel NV, Elementis Plc, NALCO Champion, Newpak Resources Inc, The Lubrizol Corporation, Halliburton Company, Solvay SA
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Oil and Gas Chemicals Market Report Segments:
The global Oil and Gas Chemicals market is segmented on the basis of:
Types
Corrosion inhibitors, Emulsion breakers, Cementing super plasticizers, Paraffin dispersants, Drilling additives, 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
Upstream, Midstream, Downstream
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:
- Baker Hughes
- Akzo Nobel NV
- Elementis Plc
- NALCO Champion
- Newpak Resources Inc
- The Lubrizol Corporation
- Halliburton Company
- Solvay SA
Highlights of The Oil and Gas 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:
- Corrosion inhibitors
- Emulsion breakers
- Cementing super plasticizers
- Paraffin dispersants
- Drilling additives
- Others
- By Application:
- Upstream
- Midstream
- Downstream
- 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 and Gas 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 and gas chemicals are substances used in the production of oil and natural gas. These chemicals help to break down rock formations, increase production, and protect equipment.
Some of the major players in the oil and gas chemicals market are Baker Hughes, Akzo Nobel NV, Elementis Plc, NALCO Champion, Newpak Resources Inc, The Lubrizol Corporation, Halliburton Company, Solvay SA.
The oil and gas chemicals market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil and Gas Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil and Gas Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil and Gas Chemicals Market - Supply Chain
4.5. Global Oil and Gas Chemicals Market Forecast
4.5.1. Oil and Gas Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil and Gas Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil and Gas Chemicals Market Absolute $ Opportunity
5. Global Oil and Gas Chemicals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil and Gas Chemicals Market Size and Volume Forecast by Type
5.3.1. Corrosion inhibitors
5.3.2. Emulsion breakers
5.3.3. Cementing super plasticizers
5.3.4. Paraffin dispersants
5.3.5. Drilling additives
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil and Gas Chemicals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil and Gas Chemicals Market Size and Volume Forecast by Application
6.3.1. Upstream
6.3.2. Midstream
6.3.3. Downstream
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil and Gas Chemicals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil and Gas Chemicals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil and Gas Chemicals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil and Gas Chemicals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil and Gas Chemicals Demand Share Forecast, 2019-2026
9. North America Oil and Gas Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil and Gas Chemicals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil and Gas Chemicals Market Size and Volume Forecast by Application
9.4.1. Upstream
9.4.2. Midstream
9.4.3. Downstream
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil and Gas Chemicals Market Size and Volume Forecast by Type
9.7.1. Corrosion inhibitors
9.7.2. Emulsion breakers
9.7.3. Cementing super plasticizers
9.7.4. Paraffin dispersants
9.7.5. Drilling additives
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil and Gas Chemicals Demand Share Forecast, 2019-2026
10. Latin America Oil and Gas Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil and Gas Chemicals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil and Gas Chemicals Market Size and Volume Forecast by Application
10.4.1. Upstream
10.4.2. Midstream
10.4.3. Downstream
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil and Gas Chemicals Market Size and Volume Forecast by Type
10.7.1. Corrosion inhibitors
10.7.2. Emulsion breakers
10.7.3. Cementing super plasticizers
10.7.4. Paraffin dispersants
10.7.5. Drilling additives
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil and Gas Chemicals Demand Share Forecast, 2019-2026
11. Europe Oil and Gas Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil and Gas Chemicals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil and Gas Chemicals Market Size and Volume Forecast by Application
11.4.1. Upstream
11.4.2. Midstream
11.4.3. Downstream
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil and Gas Chemicals Market Size and Volume Forecast by Type
11.7.1. Corrosion inhibitors
11.7.2. Emulsion breakers
11.7.3. Cementing super plasticizers
11.7.4. Paraffin dispersants
11.7.5. Drilling additives
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil and Gas Chemicals Demand Share, 2019-2026
12. Asia Pacific Oil and Gas Chemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil and Gas Chemicals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil and Gas Chemicals Market Size and Volume Forecast by Application
12.4.1. Upstream
12.4.2. Midstream
12.4.3. Downstream
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil and Gas Chemicals Market Size and Volume Forecast by Type
12.7.1. Corrosion inhibitors
12.7.2. Emulsion breakers
12.7.3. Cementing super plasticizers
12.7.4. Paraffin dispersants
12.7.5. Drilling additives
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil and Gas Chemicals Demand Share, 2019-2026
13. Middle East & Africa Oil and Gas Chemicals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil and Gas Chemicals Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil and Gas Chemicals Market Size and Volume Forecast by Application
13.4.1. Upstream
13.4.2. Midstream
13.4.3. Downstream
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil and Gas Chemicals Market Size and Volume Forecast by Type
13.7.1. Corrosion inhibitors
13.7.2. Emulsion breakers
13.7.3. Cementing super plasticizers
13.7.4. Paraffin dispersants
13.7.5. Drilling additives
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil and Gas Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil and Gas Chemicals Market: Market Share Analysis
14.2. Oil and Gas Chemicals Distributors and Customers
14.3. Oil and Gas Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baker Hughes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Akzo Nobel NV
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elementis Plc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NALCO Champion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Newpak Resources Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Lubrizol Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Halliburton Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solvay SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
