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Global Oilfield Process Chemicals Market to Grow at a CAGR of 5.40% During 2017-2021 - Baker Hughes, BASF, Halliburton, Schlumberger


Albany, NY -- (SBWIRE) -- 09/18/2017 -- Oilfield process chemicals are a class of specialty chemicals that are extensively used in the oil and gas industry. They are used in various phases of oil exploration. Different types of oilfield process chemicals include drilling chemicals, stimulation chemicals, production chemicals, cementing chemicals, workover and completion chemicals, and enhanced oil recovery chemicals. These chemicals, with their use in oilfield operations, help in increasing the overall efficiency and productivity of oil extraction and production processes.

The global oilfield process chemicals market to grow at a CAGR of 5.40% during the period 2017-2021. The report covers the present scenario and the growth prospects of the Global Oilfield Process Chemicals Market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Europe
- North America

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Technavio's report, Global Oilfield Process Chemicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Baker Hughes
- Halliburton
- Schlumberger
- The Dow Chemical company

Other prominent vendors
- Akzo Nobel
- Albemarle
- Ashland
- CES Energy Solutions
- Chemex
- Chevron Phillips Chemical Company
- Clariant
- Dorf Ketal
- DuPont
- Ecolab
- Gulf Coast Chemical
- Huntsman International
- Lamberti
- Newpark Resources
- Solvay
- Stepan
- Lubrizol


Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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