Market Overview:
The global oilfield thickener market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the shale gas boom in North America is also contributing to the growth of this market. The drilling thickener segment is expected to dominate the global oilfield thickener market during the forecast period from 2018 to 2030. This segment accounted for more than 60% of the total market share in 2017 and is projected to grow at a CAGR of 5.8% duringthe forecast period from 2018to2030.
Product Definition:
An oilfield thickener is a device used to increase the viscosity of drilling mud or other fluids used in an oilfield. This is important because it helps keep the drill bit from becoming clogged with sediment and also helps to carry cuttings up to the surface.
Drilling Thickener:
Drilling thickener is a type of fluid additive used in drilling mud to reduce drill cuttings and carry them away from the drill hole. The primary function of drilling thickener is to keep the cuttings together so that they can be removed by the mud during normal circulation. Drilling thickeners are not required for all types of drilling operations; however, they are widely used owing to their benefits such as cost-effectiveness and safety.
Slurry Thickener:
A slurry thickener is a type of viscosity augmenting agent used to increase the viscosity of a liquid without altering its other properties. It can be made from synthetic as well as natural products. The most commonly used natural product is starch, which is obtained from corn and wheat.
The global oilfield thickener market size was valued at USD 3,867 million in 2016.
Application Insights:
The oil and gas segment accounted for the largest market share in 2017. The growth of this application can be attributed to the growing need for crude oil-based fluids in shale plays across the world. Moreover, increasing investments by companies operating in this sector are expected to drive product demand over the forecast period.
The shale gas segment is projected to exhibit a CAGR of XX% from 2018 to 2030 owing to its ability to produce cleaner natural gas without any harmful emissions compared with other fossil fuels such as coal and crude oil-based fuels. Furthermore, technological advancements relatedto drilling and completion processes coupled with high exploration activities are anticipated fuel industry growth over the coming years.
Regional Analysis:
North America was the second-largest regional segment in 2017. The U.S., being a major oil and gas producer, is expected to be a key market for global oilfield thickener industry over the forecast period. However, sluggish growth of shale plays in this region owing to various factors such as low well productivity and high cost of drilling may impact its demand for thickening solutions negatively.
Asia Pacific is anticipated to witness significant growth over the coming years on account of increasing exploration activities coupled with growing need for efficient production facilities in countries like China and India due to rapid industrialization along with population expansion that has led to increased energy consumption in these economies.
Growth Factors:
- Increasing demand for oilfield thickener from the shale gas industry as it helps in improving the production process and reduces environmental impact.
- Rising investment by oilfield service companies to increase their production capacity and meet the growing demand for oilfield thickener products.
- Growing use of advanced technologies such as horizontal drilling and hydraulic fracturing that has led to an increase in shale gas production, thereby driving the growth of the global oilfield thickener market.
- Proliferation of new applications for oilfield thickeners such as enhanced recovery, water shutoff, and well stimulation that is expected to create new opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oilfield Thickener Market Research Report
By Type
Drilling Thickener, Slurry Thickener, Others
By Application
Oil and Gas, Shale Gas
By Companies
Schlumberger, Halliburton, DowDupont, Nalco Champion, BASF, GE(Baker Hughes), Chevron Phillips, CESTC, Clariant, Flotek Industries, Croda, Innospec, Kemira, Huntsman, CNPC, CNOOC
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Oilfield Thickener Market Report Segments:
The global Oilfield Thickener market is segmented on the basis of:
Types
Drilling Thickener, Slurry Thickener, 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
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:
- Schlumberger
- Halliburton
- DowDupont
- Nalco Champion
- BASF
- GE(Baker Hughes)
- Chevron Phillips
- CESTC
- Clariant
- Flotek Industries
- Croda
- Innospec
- Kemira
- Huntsman
- CNPC
- CNOOC
Highlights of The Oilfield Thickener 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 Thickener
- Slurry Thickener
- Others
- 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 Thickener 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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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 Thickener is a type of chemical used to increase the viscosity or thickness of oil and gas liquids. It can be used in drilling fluids, production fluids, and pipeline additives.
Some of the key players operating in the oilfield thickener market are Schlumberger, Halliburton, DowDupont, Nalco Champion, BASF, GE(Baker Hughes), Chevron Phillips, CESTC, Clariant, Flotek Industries, Croda, Innospec, Kemira, Huntsman, CNPC, CNOOC.
The oilfield thickener market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oilfield Thickener 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 Thickener Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oilfield Thickener Market - Supply Chain
4.5. Global Oilfield Thickener Market Forecast
4.5.1. Oilfield Thickener Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oilfield Thickener Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oilfield Thickener Market Absolute $ Opportunity
5. Global Oilfield Thickener 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 Thickener Market Size and Volume Forecast by Type
5.3.1. Drilling Thickener
5.3.2. Slurry Thickener
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener 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 Thickener 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 Thickener 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 Thickener Demand Share Forecast, 2019-2026
9. North America Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener Market Size and Volume Forecast by Type
9.7.1. Drilling Thickener
9.7.2. Slurry Thickener
9.7.3. 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 Oilfield Thickener Demand Share Forecast, 2019-2026
10. Latin America Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener Market Size and Volume Forecast by Type
10.7.1. Drilling Thickener
10.7.2. Slurry Thickener
10.7.3. 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 Oilfield Thickener Demand Share Forecast, 2019-2026
11. Europe Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener Market Size and Volume Forecast by Type
11.7.1. Drilling Thickener
11.7.2. Slurry Thickener
11.7.3. 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 Oilfield Thickener Demand Share, 2019-2026
12. Asia Pacific Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener Market Size and Volume Forecast by Type
12.7.1. Drilling Thickener
12.7.2. Slurry Thickener
12.7.3. 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 Oilfield Thickener Demand Share, 2019-2026
13. Middle East & Africa Oilfield Thickener 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 Thickener 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 Thickener 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 Thickener Market Size and Volume Forecast by Type
13.7.1. Drilling Thickener
13.7.2. Slurry Thickener
13.7.3. 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 Oilfield Thickener Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oilfield Thickener Market: Market Share Analysis
14.2. Oilfield Thickener Distributors and Customers
14.3. Oilfield Thickener Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schlumberger
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Halliburton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DowDupont
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. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GE(Baker Hughes)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chevron Phillips
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CESTC
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. Flotek Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Croda
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Innospec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kemira
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Huntsman
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CNPC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CNOOC
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
