Market Overview:
The global oilfield 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:
Oilfield chemicals are specialised products used to enhance or enable the production of oil and gas from an oilfield. They can be used in drilling, production, processing or pipeline transportation operations. Common applications include corrosion inhibition, scale inhibition, emulsion breaking and water clarification.
Alkyl Phenols and Ethoxylated Aps:
Alkyl phenols and ethoxylated aps are used as drilling fluids in oil & gas industry. Drilling muds consist of water, salts, polymers and surfactants. Alkyl phenols & ethoxylated aps is one such surfactant which is used in high quantities for the purpose of stabilizing emulsions.
Glutaraldehyde-base Biocides:
Glutaraldehyde-base biocides are used in oilfield chemicals for the prevention of corrosion & scale formation on pipelines, equipment & well heads. They also prevent deposit formation on water intake and fire protection systems. The product is primarily employed as a solvent but it can be utilized as an intermediate during the manufacturing of other products such as plasticizers, herbicides and pesticides.
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. The growing importance of this region can be attributed to increasing exploration activities and new finds of hydrocarbons, especially in Mexico and Canada.
The growth rate of this segment is expected to be higher than that of other applications owing to its rising importance as a processing hub for various onshore and offshore projects including LNG plants, pipelines & power lines construction etc., across various regions globally. Processing operations such as cementing/casing drilling muds emulsions are majorly used in drilling fluids formulation while others like biocides are increasingly being utilized owing to their high performance coupled with low toxicity which makes them ideal choice compared with other formulations in the industry today.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing demand for oilfield chemicals due to increasing exploration and production activities in countries such as China, India, Indonesia, Malaysia, Thailand and Vietnam.
The availability of raw materials including paraxylene (PX) and naphtha feedstock at low prices along with easy access to labor is anticipated to drive the growth of end-use industries such as paints & coatings; adhesives & sealants; drilling fluids; fracturing fluids; lubricants etc., thereby driving industry growth across Asia Pacific.
North America emerged as one of the major consumers owing to high demand from various end-use industries coupled with rising shale gas exploration activities in countries such as U.S.; Canada; Mexico etc., which are likely boost industry size over next eight years or so till 2030 AD.
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 specialty chemicals for enhanced performance
- Proliferation of shale gas development in North America and other regions
- Stringent environmental regulations to reduce emissions from oil & gas operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Oilfield 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, DowDuPont, 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Oilfield Chemicals Market Report Segments:
The global Oilfield 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
- DowDuPont
- Chevron Phillips
- Innospec
Highlights of The Oilfield 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 Oilfield 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?
Oilfield chemicals are a type of hazardous material used in the oil and gas industry. These chemicals can be used to help extract oil and gas from the ground, as well as to clean up after drilling operations.
Some of the key players operating in the oilfield chemicals market are SNF, CNPC, BASF, Nalco Champion, GE(Baker Hughes), Schlumberger, Halliburton, Kemira, Clariant, Lubrizol, DowDuPont, Chevron Phillips, Innospec.
The oilfield chemicals market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oilfield 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. Oilfield Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oilfield Chemicals Market - Supply Chain
4.5. Global Oilfield Chemicals Market Forecast
4.5.1. Oilfield Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oilfield Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oilfield Chemicals Market Absolute $ Opportunity
5. Global Oilfield 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. Oilfield Chemicals Market Size and Volume Forecast by Type
5.3.1. Alkyl Phenols and Ethoxylated Aps
5.3.2. Glutaraldehyde-base Biocides
5.3.3. Polyacrylamide
5.3.4. Pour Point Depressants
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oilfield 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. Oilfield Chemicals Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Shale Gas
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oilfield 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. Oilfield 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 Oilfield 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. Oilfield 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 Oilfield Chemicals Demand Share Forecast, 2019-2026
9. North America Oilfield 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 Oilfield 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 Oilfield Chemicals Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Shale Gas
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oilfield Chemicals Market Size and Volume Forecast by Type
9.7.1. Alkyl Phenols and Ethoxylated Aps
9.7.2. Glutaraldehyde-base Biocides
9.7.3. Polyacrylamide
9.7.4. Pour Point Depressants
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 Oilfield Chemicals Demand Share Forecast, 2019-2026
10. Latin America Oilfield 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 Oilfield 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 Oilfield Chemicals Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Shale Gas
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oilfield Chemicals Market Size and Volume Forecast by Type
10.7.1. Alkyl Phenols and Ethoxylated Aps
10.7.2. Glutaraldehyde-base Biocides
10.7.3. Polyacrylamide
10.7.4. Pour Point Depressants
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 Oilfield Chemicals Demand Share Forecast, 2019-2026
11. Europe Oilfield 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 Oilfield 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 Oilfield Chemicals Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Shale Gas
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oilfield Chemicals Market Size and Volume Forecast by Type
11.7.1. Alkyl Phenols and Ethoxylated Aps
11.7.2. Glutaraldehyde-base Biocides
11.7.3. Polyacrylamide
11.7.4. Pour Point Depressants
11.8. Basis Point Share (BPS) Anlysis 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 Oilfield Chemicals Demand Share, 2019-2026
12. Asia Pacific Oilfield 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 Oilfield 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 Oilfield Chemicals Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Shale Gas
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oilfield Chemicals Market Size and Volume Forecast by Type
12.7.1. Alkyl Phenols and Ethoxylated Aps
12.7.2. Glutaraldehyde-base Biocides
12.7.3. Polyacrylamide
12.7.4. Pour Point Depressants
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 Oilfield Chemicals Demand Share, 2019-2026
13. Middle East & Africa Oilfield 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 Oilfield 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 Oilfield Chemicals Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Shale Gas
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oilfield Chemicals Market Size and Volume Forecast by Type
13.7.1. Alkyl Phenols and Ethoxylated Aps
13.7.2. Glutaraldehyde-base Biocides
13.7.3. Polyacrylamide
13.7.4. Pour Point Depressants
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 Oilfield Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oilfield Chemicals Market: Market Share Analysis
14.2. Oilfield Chemicals Distributors and Customers
14.3. Oilfield Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SNF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CNPC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
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. GE(Baker Hughes)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schlumberger
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
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kemira
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Clariant
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lubrizol
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DowDuPont
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chevron Phillips
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Innospec
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
