At 3.1% CAGR, Oilfield Chemicals Market Size Will Reach 3570 Million USD by 2025
Growth forecast report “ Oilfield Chemicals Market size by Product Type (Alkyl Phenols and Ethoxylated Aps, Glutaraldehyde-base Biocides, Polyacrylamide and Pour Point Depressants), By Application (Oil and Gas and Shale Gas), By Region Outlook (United States, China, Europe, Japan, Southeast Asia & India), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2019-2025 added by Market Study Report LLC.
Selbyville, DE -- (SBWire) -- 05/02/2019 --Global Oilfield Chemicals market size will increase to 3570 Million US$ by 2025, from 2790 Million US$ in 2018, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Oilfield Chemicals.
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Oilfield chemicals refers to a series of chemicals used in the process of petroleum and gas drilling, mining and transportation, water treatment and enhanced oil recovery. The applications of oilfield chemicals in oilfield include drilling fluids, cementing, completion, stimulation, production and EOR (Enhanced Oil Recovery Chemicals), delivery, etc.
North America is the world's largest oilfield chemicals consumption area. In Europe and North America, the main application of polyacrylamide is the water treatment industry. However, polyacrylamide in oilfield is less in foreign, because of the special geological conditions in China, Daqing Oilfield and Shengli Oilfield are still using extensive of polymer in flooding technology. China is one of the countries with the highest crude oil production costs in the world. Despite this, China has had to continue mining domestic crude oil due to the huge market demand. At present, the production capacity of polyacrylamide in China has exceeded 1.2 million tons. Most of the polyacrylamide is used in the oil field industry.
The global oil field chemical industry is dominated by large corporations, and these corporations are becoming larger through acquisitions, allowing themselves to offer a wider range of oil field services such as exploration, drilling, design, and engineering. In the past few years, there have been five major acquisitions and mergers in this industry. Lower oil prices have a side effect to this industry. Big companies maintain good performance through acquisitions and mergers. In 2017, Dow, DuPont complete planned merger to form Dow DuPont. Baker Hughes, a GE company announced that the transaction combining GE?s oil and gas business with Baker Hughes is complete.
In 2014, Lubrizol Corporation announced that it has completed the acquisition in the United States and Canada of Weatherford International's global oilfield chemicals business. In 2012, Ecolab announced its intention to acquire Permian MudService, Inc., the parent company of Champion Technologies, and integrate the business with its Energy Services division.The sale closed on April 10, 2013, at which time the businesses merged and announced its new Nalco Champion brand. In 2013, Solvay acquired Chemlogics.
How extensively has the industry been segmented in terms of the product and application landscapes?
The report encompasses a generic outline of the Oilfield Chemicals market with respect to the product types as well as applications.
The product landscape, as claimed by the report, is classified into the type such as Alkyl Phenols and Ethoxylated Aps, Glutaraldehyde-base Biocides, Polyacrylamide and Pour Point Depressants.
The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
Considering the application terrain, the report effectively categorizes the same into Oil and Gas and Shale Gas.
The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.
The competitive spectrum holds a pivotal position in the Oilfield Chemicals market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.
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As per the report, the Oilfield Chemicals market is segmented into SNF, CNPC, BASF, Nalco Champion, Baker Hughes, Schlumberger, Halliburton, Kemira, Clariant, Lubrizol, Dow, Chevron Phillips and Innospec with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.
Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the Oilfield Chemicals market:
The study extensively elaborates on the geographical expanse of the Oilfield Chemicals market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Oilfield Chemicals market report.
Table of Contents:
2 Executive Summary
2.1 Global Oilfield Chemicals Production
2.1.1 Global Oilfield Chemicals Revenue 2014-2025
2.1.2 Global Oilfield Chemicals Production 2014-2025
2.1.3 Global Oilfield Chemicals Capacity 2014-2025
2.1.4 Global Oilfield Chemicals Marketing Pricing and Trends
2.2 Oilfield Chemicals Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Oilfield Chemicals Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
3.1 Oilfield Chemicals Production by Manufacturers
3.1.1 Oilfield Chemicals Production by Manufacturers
3.1.2 Oilfield Chemicals Production Market Share by Manufacturers
3.2 Oilfield Chemicals Revenue by Manufacturers
3.2.1 Oilfield Chemicals Revenue by Manufacturers (2014-2019)
3.2.2 Oilfield Chemicals Revenue Share by Manufacturers (2014-2019)
3.3 Oilfield Chemicals Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Oilfield Chemicals Production by Regions
4.1 Global Oilfield Chemicals Production by Regions
4.1.1 Global Oilfield Chemicals Production Market Share by Regions
4.1.2 Global Oilfield Chemicals Revenue Market Share by Regions
4.2 United States
4.2.1 United States Oilfield Chemicals Production
4.2.2 United States Oilfield Chemicals Revenue
4.2.3 Key Players in United States
4.2.4 United States Oilfield Chemicals Import & Export
4.3 Europe
4.3.1 Europe Oilfield Chemicals Production
4.3.2 Europe Oilfield Chemicals Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Oilfield Chemicals Import & Export
4.4 China
4.4.1 China Oilfield Chemicals Production
4.4.2 China Oilfield Chemicals Revenue
4.4.3 Key Players in China
4.4.4 China Oilfield Chemicals Import & Export
4.5 Japan
4.5.1 Japan Oilfield Chemicals Production
4.5.2 Japan Oilfield Chemicals Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Oilfield Chemicals Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia
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