Market Overview:
The global special 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 other unconventional resources across the globe. In addition, the increasing investments in exploration and production activities are also contributing to the growth of this market. The drilling fluids segment is expected to dominate the global special oilfield chemicals market during the forecast period.
Product Definition:
Chemicals used in the oilfield for a specific purpose. They may be used to help drill or produce oil and gas, or to treat produced water.
Drilling Fluids:
Drilling fluids are a group of water-based chemicals used in the drilling process. The primary function of drilling fluids is to carry cuttings from the drill bit to the surface and prevent formation water contamination. Drilling fluid consists of one or more liquids, which are pumped into a wellbore under high pressure using a Schlumberger pump, while another fluid (stimulant) is injected into the bottom end of borehole through perforated pipes.
Oilfield Production & Delivery:
The oilfield production and delivery system is a combination of equipment, which includes fluid handling pumps, storage vessels, separators/classifiers, temperature controllers/process heaters and other components. The OPD systems are used to handle the produced water in various applications such as cooling or heating purposes. It can also be used for re-injection into the reservoir if desired.
Application Insights:
The oil and gas segment dominated the global special oilfield chemicals market in 2017, accounting for over 60.0% of the revenue share. The growth can be attributed to increasing investments in onshore and offshore projects across the world. Onshore projects such as shale gas exploration and production are projected to drive demand for S OFCs over the forecast period owing to their rising use in lubricating oils, cooling water circulation systems, well completions & stimulation fluids among others.
Offshore is expected to witness a higher CAGR during the forecast period due to rapid developments taking place at present time particularly in Latin America region which includes countries such as Brazil, Colombia among others where high potential reserves of pre-salt petroleum have been discovered recently by Petrobras along with StatoilHydro who are both operators of these basins respectively.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a major oil and gas producer, is one of the largest consumers of these products globally. The shale gas boom has led to an increase in drilling activities across North America, which is expected to have a positive impact on regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid development of unconventional energy resources such as shale gas and tight oil/tar sands across countries such as China, India, Australia and Indonesia among others.
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 by oil and gas companies
- Growing use of advanced drilling technologies that require specialty chemicals for enhanced performance
- Proliferation of shale gas development in North America and other regions around the world
- Expansion of refining capacity in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Oilfield Chemicals Market Research Report
By Type
Drilling Fluids, Oilfield Production & Delivery, Completion & Stimulation, Cementing
By Application
Oil and Gas, Shale Gas
By Companies
Schlumberger, Halliburton, DowDuPont, Nalco Champion, BASF, Baker Hughes, Chevron Phillips, CES Energy Solutions Corp, Newpark Resources, Akzonobel NV, Clariant, Lubrizol, Solvay, Flotek Industries, Albemarle, Borregaard LignoTech, Croda, Innospec, Calumet, Ashland, TETRA Technologies, Kemira, Huntsman, Stepan, SNF, Lamberti Group, Emery Oleochemicals, KMCO, CNPC
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Special Oilfield Chemicals Market Report Segments:
The global Special Oilfield Chemicals market is segmented on the basis of:
Types
Drilling Fluids, Oilfield Production & Delivery, Completion & Stimulation, Cementing
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
- Baker Hughes
- Chevron Phillips
- CES Energy Solutions Corp
- Newpark Resources
- Akzonobel NV
- Clariant
- Lubrizol
- Solvay
- Flotek Industries
- Albemarle
- Borregaard LignoTech
- Croda
- Innospec
- Calumet
- Ashland
- TETRA Technologies
- Kemira
- Huntsman
- Stepan
- SNF
- Lamberti Group
- Emery Oleochemicals
- KMCO
- CNPC
Highlights of The Special 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:
- Drilling Fluids
- Oilfield Production & Delivery
- Completion & Stimulation
- Cementing
- 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 Special 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?
Special oilfield chemicals are those that are specifically designed to help improve the performance of oil and gas wells. These chemicals can be used in a variety of ways, including as drilling fluids, proppants, and inhibitors.
Some of the major companies in the special oilfield chemicals market are Schlumberger, Halliburton, DowDuPont, Nalco Champion, BASF, Baker Hughes, Chevron Phillips, CES Energy Solutions Corp, Newpark Resources, Akzonobel NV, Clariant, Lubrizol, Solvay, Flotek Industries, Albemarle, Borregaard LignoTech, Croda, Innospec, Calumet, Ashland, TETRA Technologies, Kemira, Huntsman, Stepan, SNF, Lamberti Group, Emery Oleochemicals, KMCO, CNPC.
The special oilfield chemicals market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Special 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. Special 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. Special Oilfield Chemicals Market - Supply Chain
4.5. Global Special Oilfield Chemicals Market Forecast
4.5.1. Special Oilfield Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Special Oilfield Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Special Oilfield Chemicals Market Absolute $ Opportunity
5. Global Special 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. Special Oilfield Chemicals Market Size and Volume Forecast by Type
5.3.1. Drilling Fluids
5.3.2. Oilfield Production & Delivery
5.3.3. Completion & Stimulation
5.3.4. Cementing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Special 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. Special 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 Special 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. Special 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 Special 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. Special 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 Special Oilfield Chemicals Demand Share Forecast, 2019-2026
9. North America Special 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 Special 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 Special 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 Special Oilfield Chemicals Market Size and Volume Forecast by Type
9.7.1. Drilling Fluids
9.7.2. Oilfield Production & Delivery
9.7.3. Completion & Stimulation
9.7.4. Cementing
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 Special Oilfield Chemicals Demand Share Forecast, 2019-2026
10. Latin America Special 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 Special 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 Special 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 Special Oilfield Chemicals Market Size and Volume Forecast by Type
10.7.1. Drilling Fluids
10.7.2. Oilfield Production & Delivery
10.7.3. Completion & Stimulation
10.7.4. Cementing
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 Special Oilfield Chemicals Demand Share Forecast, 2019-2026
11. Europe Special 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 Special 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 Special 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 Special Oilfield Chemicals Market Size and Volume Forecast by Type
11.7.1. Drilling Fluids
11.7.2. Oilfield Production & Delivery
11.7.3. Completion & Stimulation
11.7.4. Cementing
11.8. asis 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 Special Oilfield Chemicals Demand Share, 2019-2026
12. Asia Pacific Special 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 Special 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 Special 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 Special Oilfield Chemicals Market Size and Volume Forecast by Type
12.7.1. Drilling Fluids
12.7.2. Oilfield Production & Delivery
12.7.3. Completion & Stimulation
12.7.4. Cementing
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 Special Oilfield Chemicals Demand Share, 2019-2026
13. Middle East & Africa Special 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 Special 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 Special 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 Special Oilfield Chemicals Market Size and Volume Forecast by Type
13.7.1. Drilling Fluids
13.7.2. Oilfield Production & Delivery
13.7.3. Completion & Stimulation
13.7.4. Cementing
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 Special Oilfield Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Special Oilfield Chemicals Market: Market Share Analysis
14.2. Special Oilfield Chemicals Distributors and Customers
14.3. Special Oilfield Chemicals 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. 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. CES Energy Solutions Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Newpark Resources
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Akzonobel NV
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Clariant
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lubrizol
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Solvay
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Flotek Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Albemarle
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Borregaard LignoTech
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Croda
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Innospec
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Calumet
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ashland
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
