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The oilfield chemicals market is projected to grow from USD 24.27 billion in 2022, exhibiting a CAGR of 3.70% by 2029

Submitted by ANUVA on Thu, 12/08/2022 - 21:39

The Oilfield chemicals Market was valued at USD 24.27 billion in 2021 and is expected to reach USD 32.45 billion by 2029, registering a CAGR of 3.70% during the forecast period of 2022-2029.

An influential OILFIELD CHEMICALS MARKET research report works as an ideal solution for better understanding of the market and high business growth. Huge efforts have been put together and no stone is left unturned while preparing this report. It considers public demands, competencies and the constant growth of the working industry, vibrant reporting, or high data protection services while analysing market information. GLOBAL OILFIELD CHEMICALS MARKET report has a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies.

Segments and Market Size - Oilfield Chemicals Market:

The oilfield chemicals market is segmented on the basis of type, application and location.

Type

Gellants and Viscosifiers

Biocides

Lubricants/Friction Reducers

Rheology Modifiers

Corrosion and Scale Inhibitors

Demulsifiers

Scavengers

Application

Upstream

Midstream

Downstream

 Location

Onshore

Offshore

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Market Insights - Oilfield Chemicals Market:

Oil and Natural Gas Corporation (ONGC) is estimated to invest US$ 2.73 billion in drilling oil and gas wells in 2019, according to India Brand Equity Foundation (IBEF). The increased oil and gas exploration and developments in deep-water drilling operations will further boost demand for oilfield chemicals during the projection period. Therefore, the significant expansion in oil and gas exploration projects is expected to enhance the demand for oilfield chemicals.

Country Level Analysis - Oilfield Chemicals Market:

The countries covered in the oilfield chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Major Key Players - Oilfield Chemicals Market:

Some of the major players operating in the Oilfield Chemicals Market are:

BASF SE (Germany)

Clariant (Switzerland)

Dow. (U.S.)

Halliburton (U.S.)

Schlumberger Limited (U.S.)

Nouryon (Netherlands)

Baker Hughes Company (U.S.)

Kemira (Finland)

Huntsman International LLC (U.S.)

Croda plc (U.K.)

Albermarle Corporation (U.S.)

Chevron Philips Chemical Company LLC (U.S.)

Innospec (U.S.)

NOV Inc., (U.S.)

Geo (U.S.)

KRATON CORPORATION (U.S.)

Thermax Limited (India)

Oleon N.V. (Belgium)

Ashland (U.S.)

PureChem Services (Canada)

Stepan Company (U.S.)

Elementis plc (U.S.)

Research Methodology - Oilfield Chemicals Market:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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MAJOR TOC OF THE REPORT:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Global Autoclave Market by Product & Procedure type

Chapter Seven: Competitive Landscape

Chapter Eight: Drivers, Restraints, Challenges, and Opportunities

Chapter Nine: Gross Margin and Price Analysis

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