The global oilfield process chemicals market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 8.2 billion by 2030. The drilling fluids segment is expected to account for the largest share of the market in terms of revenue, followed by cementing and workover and completion chemicals segments. The drilling fluids segment is projected to grow at a CAGR of 5% during the forecast period, while cementing and workover and completion chemicals segments are projected to grow at a CAGR of 3%.
The global oilfield process chemicals market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into drilling fluids (including well stimulation), cementing (including workover and completion), enhanced oil recovery (EOR) (including production), stimulation (including production). On the basis of application it has been classified into drilling fluid, well stimulation, EOR (enhanced oil recovery) including production chemical applications. On the basis on region it has been classified into North America including US, Latin America including Brazil & Mexico; Europe including Russia & UK; Asia Pacific including China & India; Middle East & Africa including Saudi Arabia & UAE.
- Increasing investments in exploration activities will also drive the growth of this market during the forecast period as it leads to an increase in production capacity and hence demand for these products.
- The increasing number of drilling rigs globally will also lead to an increase in demand for these products as they are used extensively during drilling operations such as hydraulic fracturing or fracking, acidizing, cementing etc, which require high volumes of fluids that contain additives such as corrosion inhibitors or scale inhibitors among others that help protect equipment from wear and tear due to exposure to harsh environments like high pressure or temperature conditions etc, while also improving operational efficiency through reduced downtime due to corrosion or scaling issues etc, thereby leading to increased productivity levels at lower costs per barrel produced etc, thus driving up demand for these products over time.
Industry Growth Insights published a new data on “Oilfield Process Chemicals Market”. The research report is titled “Oilfield Process Chemicals Market research by Types (Drilling Fluids, Cementing Chemicals, Workover and Completion Chemicals, Enhanced Oil Recovery Chemicals, Stimulation Chemicals, Production Chemicals), By Applications (Drilling Fluid, Well Stimulation, Enhanced Oil Recovery (EOR), Cementing, Workover and Completion), By Players/Companies Baker Hughes, BASF, Halliburton, Schlumberger, The Dow Chemical company, Akzo Nobel, DuPont, Chevron Phillips Chemical Company, Clariant, Ecolab, Gulf Coast Chemical, Huntsman International, Lamberti, Newpark Resources, SICHEM, Solvay, Albemarle, Ashland, CES Energy Solutions, Chemex, Dorf Ketal, Stepan, Lubrizol”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oilfield Process Chemicals Market Research Report
By Type
Drilling Fluids, Cementing Chemicals, Workover and Completion Chemicals, Enhanced Oil Recovery Chemicals, Stimulation Chemicals, Production Chemicals
By Application
Drilling Fluid, Well Stimulation, Enhanced Oil Recovery (EOR), Cementing, Workover and Completion
By Companies
Baker Hughes, BASF, Halliburton, Schlumberger, The Dow Chemical company, Akzo Nobel, DuPont, Chevron Phillips Chemical Company, Clariant, Ecolab, Gulf Coast Chemical, Huntsman International, Lamberti, Newpark Resources, SICHEM, Solvay, Albemarle, Ashland, CES Energy Solutions, Chemex, Dorf Ketal, Stepan, Lubrizol
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Oilfield Process Chemicals Market Report Segments:
The global Oilfield Process Chemicals market is segmented on the basis of:
Types
Drilling Fluids, Cementing Chemicals, Workover and Completion Chemicals, Enhanced Oil Recovery Chemicals, Stimulation Chemicals, Production Chemicals
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
Drilling Fluid, Well Stimulation, Enhanced Oil Recovery (EOR), Cementing, Workover and Completion
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
- BASF
- Halliburton
- Schlumberger
- The Dow Chemical company
- Akzo Nobel
- DuPont
- Chevron Phillips Chemical Company
- Clariant
- Ecolab
- Gulf Coast Chemical
- Huntsman International
- Lamberti
- Newpark Resources
- SICHEM
- Solvay
- Albemarle
- Ashland
- CES Energy Solutions
- Chemex
- Dorf Ketal
- Stepan
- Lubrizol
Highlights of The Oilfield Process 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:
- Drilling Fluids
- Cementing Chemicals
- Workover and Completion Chemicals
- Enhanced Oil Recovery Chemicals
- Stimulation Chemicals
- Production Chemicals
- By Application:
- Drilling Fluid
- Well Stimulation
- Enhanced Oil Recovery (EOR)
- Cementing
- Workover and Completion
- 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 Process 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.
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- Correctly Positioning New Products
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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?
Oilfield process chemicals are used in the oil and gas industry to help improve production. They can be used to break down rocks and oil, clean up spills, and protect equipment.
Some of the key players operating in the oilfield process chemicals market are Baker Hughes, BASF, Halliburton, Schlumberger, The Dow Chemical company, Akzo Nobel, DuPont, Chevron Phillips Chemical Company, Clariant, Ecolab, Gulf Coast Chemical, Huntsman International, Lamberti, Newpark Resources, SICHEM, Solvay, Albemarle, Ashland, CES Energy Solutions, Chemex, Dorf Ketal, Stepan, Lubrizol.
The oilfield process 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. Oilfield Process 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 Process 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 Process Chemicals Market - Supply Chain
4.5. Global Oilfield Process Chemicals Market Forecast
4.5.1. Oilfield Process Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oilfield Process Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oilfield Process Chemicals Market Absolute $ Opportunity
5. Global Oilfield Process 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 Process Chemicals Market Size and Volume Forecast by Type
5.3.1. Drilling Fluids
5.3.2. Cementing Chemicals
5.3.3. Workover and Completion Chemicals
5.3.4. Enhanced Oil Recovery Chemicals
5.3.5. Stimulation Chemicals
5.3.6. Production Chemicals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oilfield Process 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 Process Chemicals Market Size and Volume Forecast by Application
6.3.1. Drilling Fluid
6.3.2. Well Stimulation
6.3.3. Enhanced Oil Recovery (EOR)
6.3.4. Cementing
6.3.5. Workover and Completion
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oilfield Process 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 Process 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 Process 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 Process 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 Process Chemicals Demand Share Forecast, 2019-2026
9. North America Oilfield Process 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 Process 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 Process Chemicals Market Size and Volume Forecast by Application
9.4.1. Drilling Fluid
9.4.2. Well Stimulation
9.4.3. Enhanced Oil Recovery (EOR)
9.4.4. Cementing
9.4.5. Workover and Completion
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oilfield Process Chemicals Market Size and Volume Forecast by Type
9.7.1. Drilling Fluids
9.7.2. Cementing Chemicals
9.7.3. Workover and Completion Chemicals
9.7.4. Enhanced Oil Recovery Chemicals
9.7.5. Stimulation Chemicals
9.7.6. Production Chemicals
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 Process Chemicals Demand Share Forecast, 2019-2026
10. Latin America Oilfield Process 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 Process 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 Process Chemicals Market Size and Volume Forecast by Application
10.4.1. Drilling Fluid
10.4.2. Well Stimulation
10.4.3. Enhanced Oil Recovery (EOR)
10.4.4. Cementing
10.4.5. Workover and Completion
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oilfield Process Chemicals Market Size and Volume Forecast by Type
10.7.1. Drilling Fluids
10.7.2. Cementing Chemicals
10.7.3. Workover and Completion Chemicals
10.7.4. Enhanced Oil Recovery Chemicals
10.7.5. Stimulation Chemicals
10.7.6. Production Chemicals
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 Process Chemicals Demand Share Forecast, 2019-2026
11. Europe Oilfield Process 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 Process 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 Process Chemicals Market Size and Volume Forecast by Application
11.4.1. Drilling Fluid
11.4.2. Well Stimulation
11.4.3. Enhanced Oil Recovery (EOR)
11.4.4. Cementing
11.4.5. Workover and Completion
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oilfield Process Chemicals Market Size and Volume Forecast by Type
11.7.1. Drilling Fluids
11.7.2. Cementing Chemicals
11.7.3. Workover and Completion Chemicals
11.7.4. Enhanced Oil Recovery Chemicals
11.7.5. Stimulation Chemicals
11.7.6. Production Chemicals
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 Oilfield Process Chemicals Demand Share, 2019-2026
12. Asia Pacific Oilfield Process 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 Process 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 Process Chemicals Market Size and Volume Forecast by Application
12.4.1. Drilling Fluid
12.4.2. Well Stimulation
12.4.3. Enhanced Oil Recovery (EOR)
12.4.4. Cementing
12.4.5. Workover and Completion
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oilfield Process Chemicals Market Size and Volume Forecast by Type
12.7.1. Drilling Fluids
12.7.2. Cementing Chemicals
12.7.3. Workover and Completion Chemicals
12.7.4. Enhanced Oil Recovery Chemicals
12.7.5. Stimulation Chemicals
12.7.6. Production Chemicals
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 Process Chemicals Demand Share, 2019-2026
13. Middle East & Africa Oilfield Process 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 Process 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 Process Chemicals Market Size and Volume Forecast by Application
13.4.1. Drilling Fluid
13.4.2. Well Stimulation
13.4.3. Enhanced Oil Recovery (EOR)
13.4.4. Cementing
13.4.5. Workover and Completion
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oilfield Process Chemicals Market Size and Volume Forecast by Type
13.7.1. Drilling Fluids
13.7.2. Cementing Chemicals
13.7.3. Workover and Completion Chemicals
13.7.4. Enhanced Oil Recovery Chemicals
13.7.5. Stimulation Chemicals
13.7.6. Production Chemicals
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 Process Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oilfield Process Chemicals Market: Market Share Analysis
14.2. Oilfield Process Chemicals Distributors and Customers
14.3. Oilfield Process 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. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Halliburton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schlumberger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Dow Chemical company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Akzo Nobel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DuPont
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chevron Phillips Chemical Company
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. Ecolab
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gulf Coast Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huntsman International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lamberti
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Newpark Resources
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SICHEM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Solvay
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Albemarle
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ashland
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CES Energy Solutions
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Chemex
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Deve
