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Global Oilfield Chemicals Market 2016 Share, Trend, Segmentation and Forecast to 2020

Monday, November 7, 2016 3:25
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(Before It's News)

Global demand for oilfield chemicals is likely to register a CAGR of over 8.5% between 2014 and 2020. In the recent years, there is an increasing demand for oil and gas, thus increasing the oil and gas exploration. The exploitation of shale gas and the availability of advanced equipment have made it possible to revisit the oil wells that were previously considered uneconomical for exploration.

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Oilfield chemicals are used in various stages of oil exploration. There are usually problems associated with water gushing into oil well during drilling and exploration this along with gases like carbon dioxide and hydrogen sulphide cause the corrosion of equipment. This is avoided by using corrosion inhibitor chemicals. Emulsion breakers are on the other hand used to separate oil from well. Chemicals are important in removing metal scales that interfere with the machine operations during drilling. But, there are stringent environmental norms that require the use of eco friendly chemicals. There is a lot of research and development that is going into developing chemicals that are both eco-friendly and efficient.

The North America’s market for oil-field chemicals is fast growing because of the shale gas probing activities in these regions. Similarly, Europe also comes in this scenario as it has a growing market due to the discovery of its new oil wells. The countries in Asia-Pacific like China are making large investments in this energy domain. Interestingly, the Middle East has the largest market because of its rich natural oil resources and the large number of oil wells in these regions which are already explored.

The Global oil-field chemicals market is segmented by chemical types (Biocides, corrosion & scale inhibitors, demulsifiers, polymers, pour-point depressants, surfactants and other chemicals); by their application (Cementing, drilling, enhanced oil discovery, production, well stimulation, work-over and completion) and by their geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America). The key players in this market are Ashland Inc., Stephan Company, Weatherford International and the Lamberti Group.

Drivers:

The increasing demand for energy and shale gas exploration increases demand for oilfield chemicals. There is also an increasing demand for environmental friendly chemicals. Theses account to be chief drivers for this market.

Restraints:

Development of alternate and renewable sources of energy is a possible restraint.

What the report offers?

Identification of key drivers and restraints of the oilfield chemicals market 
Assessment and competition analysis 
Identification of market scenarios, opportunities and key companies 
Extensively researched major companies’ profiles along with their strategic initiatives and market shares 
Identification & analysis of the macro and micro factors affecting this market 
Identities of Key market players with their strategic interests and key financial information

Complete report details @ https://www.wiseguyreports.com/reports/364558-global-oilfield-chemicals-market-segmented-by-chemical-type-application-and-geography-2015-2020

Key points in table of content

1. Introduction

    1.1 Description

    1.2 Research Methodology

    1.3 Report Outline

2. Executive Summary

3. Market Overview

    3.1 Current Market Scenario

    3.2 Factors Driving the Oilfield Chemicals Market

      3.2.1 Demand for Oilfield Chemicals Bolstered through Growing Crude Oil Production

      3.2.2 Oilfield Chemicals Being Driven by Shale Gas Exploration and Production

      3.2.3 Environment-Friendly Chemicals Being Developed Due to Stringent Regulations

    3.3 Factors Restraining the Oilfield Chemicals Market

      3.3.1 Environmental Sustainability in Shale Gas Extraction

    3.4 Opportunities for the Oilfield Chemicals Market

      3.4.1 New Horizons Opened Up Due to Deep Water Drilling Operations

      3.4.2 Nanotechnology’s Prospects Bright in Cementing Applications

      3.4.3 Productive Opportunities Provided by Developing Regions

    3.5 Porter’s Five Forces

      3.5.1 Bargaining Power of Suppliers

      3.5.2 Bargaining Power of Consumers

      3.5.3 Threat of New Entrants

      3.5.4 Threat of Substitute Products and Services

    3.6 Industry Value Chain Analysis

4. Market Segmentation

    4.1 By Chemical Type

      4.1.1 Biocides

      4.1.2 Corrosion & Scale Inhibitors

      4.1.3 Demulsifiers

      4.1.4 Polymers

      4.1.5 Pour-Point Depressants

      4.1.6 Surfactants

      4.1.7 Other Chemicals

    4.2 By Application

      4.2.1 Cementing

      4.2.2 Drilling

      4.2.3 Enhanced Oil Recovery

      4.2.4 Production

      4.2.5 Well Stimulation

      4.2.6 Workover & Completion

5. Regional Market Analysis

    5.1 North America

      5.1.1 United States

      5.1.2 Canada

    5.2 Europe

      5.2.1 France

      5.2.2 Germany

      5.2.3 United Kingdom

    5.3 Asia-Pacific

      5.3.1 China

      5.3.2 India

    5.4 Rest of World

      5.4.1 South America

      5.4.3 Middle East & Africa

6. Policies and Regulations

7. Competitor Analysis

    7.1 Market Shares of Leading Global Players

    7.2 Strategies Adopted by Leading Global Players

8. Company Profiles

    8.1 AkzoNobel NV

    8.2 Albemarle Corp

    8.3 Ashland Inc

    8.4 Baker Hughes Inc

    8.5 Canadian Energy Services & Technology Corp

    8.6 Clariant AG

    8.7 Croda International Plc

    8.8 Dow Chemical Company

    8.9 E.I. DuPont De Nemours & Company

    8.10 Elementis Plc

    8.11 Flotek Industries Inc

    8.12 Halliburton

    8.13 Kemira Oyj

    8.14 Lamberti Group

    8.15 Messina Inc

    8.16 Nalco Champion Technologies Inc

    8.17 Newpark Resources Inc

    8.18 Schlumberger Limited

    8.18.1 M-I SWACO

    8.19 Solvay SA

    8.20 Stepan Company

    8.21 The Lubrizol Corporation

    8.22 Weatherford International Ltd

    8.23 Zirax Limited

9. Appendix

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NORAH TRENT

Partner Relations & Marketing Manager

sales@wiseguyreports.com

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)           

 

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