IndustryARC
Global Oilfield Surfactant Market Analysis and Forecast (2014 – 2020)
TABLE OF CONTENTS LIST OF TABLES..............................................................................................................9 LIST OF FIGURES ......................................................................................................... 17 1
OILFIELD SURFACTANT - MARKET OVERVIEW ......................................... 19
2 EXECUTIVE SUMMARY ....................................................................................... 21 3 OILFIELD SURFACTANT - MARKET LANDSCAPE ...................................... 25 3.1
MARKET SHARE ANALYSIS ........................................................ 25
3.2
COMPARATIVE ANALYSIS ......................................................... 26 3.2.1
PATENT ANALYSIS ......................................................... 26
3.2.2
PRODUCT BENCHMARKING............................................. 29
3.2.3
TOP 5 FINANCIALS ANALYSIS ........................................ 30
4 OILFIELD SURFACTANT – MARKET FORCES .............................................. 32 4.1
4.2
DIVERS ..................................................................................... 32 4.1.1
BOOMING CRUDE OIL PRODUCTION TO DRIVE DEMAND FOR OIL SURFACTANTS ................................... 32
4.1.2
INCREASING DEMAND IN DEVELOPING REGIONS PROVIDE IMPETUS TO MARKET GROWTH ....................... 32
4.1.3
GROWING INTEREST IN BIO BASED OIL SURFACTANTS TO PROPEL MARKET GROWTH ................. 32
CONSTRAINTS .......................................................................... 33 4.2.1
4.3
CHALLENGES............................................................................. 33 4.3.1
4.4
DECREASING OIL PRICES MIGHT DERAIL PRODUCTION VOLUMES ................................................. 33 ENVIRONMENTAL CONCERNS RESTRAIN MARKET GROWTH ........................................................................ 33
ATTRACTIVENESS OF THE INDUSTRY ....................................... 33 4.4.1
POWER OF SUPPLIERS ................................................... 34
4.4.2
POWER OF BUYERS ........................................................ 34
4.4.3
THREAT OF NEW ENTRANTS ........................................... 34
4.4.4
THREAT OF SUBSTITUTES .............................................. 35
4.4.5
DEGREE OF COMPETITION ............................................. 35
5 OILFIELD SURFACTANT MARKET – STRATEGIC ANALYSIS .................. 36 5.1
VALUE CHAIN ANALYSIS........................................................... 36
5.2
OPPORTUNITY ANALYSIS ......................................................... 37 5.2.1
HUGE MARKET POTENTIAL TO BE TAPPED IN APAC AND AFRICA REGION ..................................................... 37
5.3
SURFACTANT PRICE ANALYSIS ................................................. 38
5.4
INDUSTRY LIFE CYCLE ANALYSIS ............................................. 38
6 OILFIELD SURFACTANTS MARKET – APPLICATIONS............................... 40 6.1
INCREASE OF CO2 OIL RECOVERY TECHNOLOGY TO FUEL MARKET FOR SURFACTANTS ..................................................... 40
6.2
GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY APPLICATION ........................................................................... 41
6.3
6.4
6.2.1
EMULSIFIERS AND DEMULSIFIERS ................................. 43
6.2.2
LUBRICANTS .................................................................. 44
6.2.3
DISPERSANTS ................................................................ 45
6.2.4
CORROSION INHIBITORS .............................................. 45
6.2.5
FOAM CONTROL AGENTS ................................................ 46
6.2.6
WETTING AND SUSPENDING AGENTS ............................. 47
6.2.7
BIOCIDES ...................................................................... 47
6.2.8
ACRYLIC ........................................................................ 48
GLOBAL OILFIELD SURFACTANTS PRODUCT MARKET BY APPLICATION ........................................................................... 49 6.3.1
ANIONIC ........................................................................ 49
6.3.2
NON-IONIC .................................................................... 51
6.3.3
CATIONIC ...................................................................... 54
6.3.4
AMPHOTERIC ................................................................. 57
6.3.5
OTHER ........................................................................... 60
GLOBAL OILFIELD SURFACTANTS APPLICATION MARKET BY REGION ............................................................................... 62 6.4.1
NORTH AMERICA ............................................................ 62
6.4.2
SOUTH AMERICA ............................................................ 64
6.4.3
EUROPE ......................................................................... 66
6.4.4
APAC.............................................................................. 68
6.4.5
MIDDLE EAST ................................................................. 69
7 GLOBAL OILFIELD SURFACTANT MARKET- SEGMENTATION-BY TYPE ......................................................................................................................... 72 7.1
INTRODUCTION ........................................................................ 72 7.1.1
AMPHOTERIC SURFACTANTS TO GROW HIGHEST ........... 73
7.1.2
SURGE IN OIL PRODUCTION THROUGH ADVANCED TECHNOLOGIES SET TO ESCALATE DEMAND FOR SURFACTANTS IN U.S ..................................................... 74
7.1.3
INCREASING AIR POLLUITION IN EUROPE TO DRIVE ADOPTION OF ENVIROMENTAL FRIENDLY METHODS ...... 77
7.2
ANIONIC SURFACTANTS ........................................................... 81
7.3
NON-IONIC SURFACTANT ......................................................... 88
7.4
CATIONIC SURFACTANT............................................................ 95
7.5
AMPHOTERIC SURFACTANTS .................................................. 102
7.6
OTHERS .................................................................................. 110
8 OILFIELD SURFACTANT MARKET –SEGMENTATION BY SUBSTRATE ..........................................................................................................112 8.1
SYNTHETIC/PETROCHEMICAL ................................................ 112
8.2
BIO-BASED/OLEOCHEMICAL................................................... 112 8.2.1
CHEMICALLY SYNTHESIZED BIO-BASED SURFACTANTS.............................................................. 112
8.2.2
BIOSURFACTANTS ........................................................ 112
8.2.2.1
Classification of surfatants based on molecular weight ................................................................... 113
8.2.2.1.1
Low molecular mass biosurfactants ................... 113
8.2.2.1.2
High molecular mass biosurfactants .................. 114
8.2.2.1.3
Glycolipids .................................................... 114
8.2.2.1.4
Fatty acids, phospholipids, Neutral Lipids ........... 114
8.2.2.1.5
Polymeric Biosurfactants ................................. 114
9 GLOBAL OILFIELD SURFACTANT MARKET -GEOGRAPHIC ANALYSIS ..............................................................................................................121 9.1
NORTH AMERICA .................................................................... 122 9.1.1
CANADA ....................................................................... 124
9.1.2
MEXICO ....................................................................... 126
9.1.3
U.S. .............................................................................. 128
9.2
9.3
9.4
9.5
SOUTH AMERICA ..................................................................... 130 9.2.1
ARGENTINA ................................................................. 131
9.2.2
BRAZIL ........................................................................ 133
9.2.3
VENEZUELA .................................................................. 136
9.2.4
OTHERS ....................................................................... 137
EUROPE .................................................................................. 138 9.3.1
GERMANY..................................................................... 139
9.3.2
FRANCE ........................................................................ 141
9.3.3
ITALY........................................................................... 142
9.3.4
RUSSIA ........................................................................ 143
9.3.5
U.K............................................................................... 144
9.3.6
OTHERS ....................................................................... 145
APAC ....................................................................................... 147 9.4.1
CHINA .......................................................................... 148
9.4.2
SOUTH KOREA .............................................................. 150
9.4.3
JAPAN .......................................................................... 151
9.4.4
INDIA .......................................................................... 152
9.4.5
OTHERS ....................................................................... 154
MIDDLE EAST & AFRICA.......................................................... 155 9.5.1
SAUDI ARABIA ............................................................. 156
9.5.2
U.A.E. ........................................................................... 157
9.5.3
AFRICA ........................................................................ 158
9.5.4
OTHERS ....................................................................... 160
10 COMPANY PROFILES .........................................................................................163 10.1
10.2
10.3
AKZO NOBEL N.V..................................................................... 163 10.1.1
BUSINESS OVERVIEW .................................................. 163
10.1.2
FINANCIALS................................................................. 163
10.1.3
PRODUCTS ................................................................... 164
10.1.4
STRATEGY .................................................................... 165
10.1.5
DEVELOPMENTS ........................................................... 165
AGAE TECHNOLOGIES, LLC ..................................................... 166 10.2.1
BUSINESS OVERVIEW .................................................. 166
10.2.2
PRODUCTS ................................................................... 166
BASF SE .................................................................................. 167 10.3.1
BUSINESS OVERVIEW .................................................. 167
10.4
10.5
10.6
10.7
10.8
10.9
10.3.2
FINANCIALS................................................................. 167
10.3.3
PRODUCTS ................................................................... 168
CLARIANT AG.......................................................................... 169 10.4.1
BUSINESS OVERVIEW .................................................. 169
10.4.2
FINANCIALS................................................................. 169
10.4.3
PRODUCTS ................................................................... 170
10.4.4
DEVELOPMENT ............................................................. 170
HUNTSMAN CORPORATION ..................................................... 171 10.5.1
BUSINESS OVERVIEW .................................................. 171
10.5.2
FINANCIALS................................................................. 171
10.5.3
PRODUCTS ................................................................... 173
10.5.4
DEVELOPMENT ............................................................. 174
KAO CORPORATION ................................................................ 175 10.6.1
BUSINESS OVERVIEW .................................................. 175
10.6.2
FINANCIALS................................................................. 175
10.6.3
PRODUCTS ................................................................... 176
10.6.4
DEVELOPMENTS ........................................................... 177
RHODIA S.A. ........................................................................... 178 10.7.1
BUSINESS OVERVIEW .................................................. 178
10.7.2
PRODUCTS: .................................................................. 178
10.7.3
DEVELOPMENTS ........................................................... 179
DOW CHEMICAL COMPANY ..................................................... 180 10.8.1
BUSINESS OVERVIEW .................................................. 180
10.8.2
FINANCIALS................................................................. 180
10.8.3
PRODUCTS ................................................................... 181
P&G CHEMICALS ..................................................................... 182 10.9.1
BUSINESS OVERVIEW .................................................. 182
10.9.2
PRODUCTS ................................................................... 182
10.10 STEPAN COMPANY .................................................................. 183 10.10.1 BUSINESS OVERVIEW .................................................. 183 10.10.2 PRODUCTS ................................................................... 183 10.10.3 FINANCIALS................................................................. 184 10.10.4 STRATEGY .................................................................... 185 10.10.5 DEVELOPMENTS ........................................................... 185
10.11 OXITENO S.A INDUSTRIA E COMERCIO................................... 186 10.11.1 OVERVIEW ................................................................... 186
10.11.2 PRODUCTS ................................................................... 186
10.12 E. I. DU PONT DE NEMOURS AND COMPANY ........................... 187 10.12.1 BUSINESS OVERVIEW .................................................. 187 10.12.2 PRODUCTS ................................................................... 187 10.12.3 FINANCIALS................................................................. 187 10.12.4 DEVELOPMENTS ........................................................... 189
10.13 SILTECH CORPORATION ......................................................... 190 10.13.1 BUSINESS OVERVIEW .................................................. 190
10.14 PRODUCTS .............................................................................. 190 10.15 HENKEL AG AND CO. KGAA ..................................................... 191 10.15.1 BUSINESS OVERVIEW .................................................. 191 10.15.2 PRODUCTS ................................................................... 191 10.15.3 FINANCIALS................................................................. 191 10.15.4 DEVELOPMENTS ........................................................... 192
10.16 PILOT CHEMICAL COMPANY.................................................... 193 10.16.1 BUSINESS OVERVIEW .................................................. 193 10.16.2 PRODUCTS ................................................................... 193 10.16.3 DEVELOPMENTS ........................................................... 194
10.17 WEATHERFORD INTERNATIONAL PLC ..................................... 195 10.17.1 BUSINESS OVERVIEW .................................................. 195 10.17.2 PRODUCTS ................................................................... 195 10.17.3 FINANCIALS................................................................. 196 10.17.4 DEVELOPMENTS ........................................................... 197
10.18 CYTEC INDUSTRIES INC. ........................................................ 198 10.18.1 BUSINESS OVERVIEW .................................................. 198 10.18.2 PRODUCTS ................................................................... 198 10.18.3 FINANCIALS................................................................. 199 10.18.4 DEVELOPMENTS ........................................................... 200
10.19 SICHEM LLC. ........................................................................... 201 10.19.1 BUSINESS OVERVIEW .................................................. 201 10.19.2 PRODUCTS ................................................................... 201
10.20 SHELL CHEMICALS .................................................................. 202 10.20.1 BUSINESS OVERVIEW .................................................. 202 10.20.2 PRODUCTS ................................................................... 202 10.20.3 DEVELOPMENTS ........................................................... 203
10.21 THE LUBRIZOL CORPORATION ................................................ 204
10.21.1 BUSINESS OVERVIEW .................................................. 204 10.21.2 PRODUCTS ................................................................... 204 10.21.3 DEVELOPMENTS ........................................................... 206
LIST OF TABLES U
TABLE 1.
PRODUCT BENCHMARKING FOR THE TOP FIVE COMPANIES IN OILFIELD SURFACTANTS MARKET, 2014
TABLE 2.
GLOBAL OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M) 42
TABLE 3.
GLOBAL OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
42
TABLE 4.
EU REGULATION: LEGAL REQUIREMENT
47
TABLE 5.
GLOBAL OILFIELD ANIONIC SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
49
TABLE 6.
GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
52
TABLE 7.
GLOBAL OILFIELD CATIONIC SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
55
TABLE 8.
GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
58
TABLE 9.
GLOBAL OILFIELD OTHERS SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
61
TABLE 10.
GLOBAL OILFIELD OTHERS SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
61
TABLE 11.
GLOBAL NORTH AMERICAN OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
63
TABLE 12.
GLOBAL NORTH AMERICAN OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
63
TABLE 13.
GLOBAL SOUTH AMERICAN OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
64
TABLE 14.
GLOBAL SOUTH AMERICAN OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
65
TABLE 15.
GLOBAL EUROPEAN OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
66
TABLE 16.
GLOBAL EUROPEAN OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
67
TABLE 17.
GLOBAL APAC OILFIELD SURFACTANT MARKET, BY APPLICATION, 20142020 ($M)
68
TABLE 18.
GLOBAL APAC OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
69
TABLE 19.
GLOBAL MIDDLE EAST AND AFRICA OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)
70
TABLE 20.
GLOBAL MIDDLE EAST AND AFRICA OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)
70
TABLE 21.
GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 20142020 ($M)
73
30
TABLE 22.
GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 20142020 (KILO TONS)
73
TABLE 23.
NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
75
TABLE 24.
NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
75
TABLE 25.
SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
76
TABLE 26.
SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
76
TABLE 27.
EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 20142020 ($M)
77
TABLE 28.
EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
78
TABLE 29.
APAC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 79
TABLE 30.
APAC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
79
TABLE 31.
MIDDLE EAST AND AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
80
TABLE 32.
MIDDLE EAST AND AFRICA MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
81
TABLE 33.
GLOBAL ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
81
TABLE 34.
GLOBAL ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
82
TABLE 35.
NORTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
82
TABLE 36.
NORTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
83
TABLE 37.
SOUTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
84
TABLE 38.
SOUTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
84
TABLE 39.
EUROPE ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
85
TABLE 40.
EUROPE ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
85
TABLE 41.
APAC ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
86
TABLE 42.
APAC ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
86
TABLE 43.
MIDDLE EAST ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
87
TABLE 44.
MIDDLE EAST ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
87
TABLE 45.
GLOBAL NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
88
TABLE 46.
GLOBAL NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
89
TABLE 47.
NORTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
89
TABLE 48.
NORTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
90
TABLE 49.
SOUTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
90
TABLE 50.
SOUTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
91
TABLE 51.
EUROPE NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
91
TABLE 52.
EUROPE NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
92
TABLE 53.
APAC NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
93
TABLE 54.
APAC NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
93
TABLE 55.
MIDDLE EAST NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M)
94
TABLE 56.
MIDDLE EAST NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS)
94
TABLE 57.
GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
96
TABLE 58.
GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
97
TABLE 59.
NORTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
97
TABLE 60.
NORTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
98
TABLE 61.
SOUTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
98
TABLE 62.
SOUTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
99
TABLE 63.
EUROPE CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
99
TABLE 64.
EUROPE CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
100
TABLE 65.
APAC CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
100
TABLE 66.
APAC CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
101
TABLE 67.
MIDDLE EAST & AFRICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
101
TABLE 68.
MIDDLE EAST & AFRICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
102
TABLE 69.
GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
104
TABLE 70.
GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
104
TABLE 71.
NORTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
105
TABLE 72.
NORTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
105
TABLE 73.
SOUTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
106
TABLE 74.
SOUTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
107
TABLE 75.
EUROPE AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
107
TABLE 76.
EUROPE AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
108
TABLE 77.
APAC AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
108
TABLE 78.
APAC AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
109
TABLE 79.
MIDDLE EAST & AFRICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
109
TABLE 80.
MIDDLE EAST & AFRICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS)
110
TABLE 81.
GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M)
114
TABLE 82.
GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS)
115
TABLE 83.
NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M)
115
TABLE 84.
NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS)
116
TABLE 85.
SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M)
116
TABLE 86.
SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS)
117
TABLE 87.
EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M)
117
TABLE 88.
EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS)
118
TABLE 89.
APAC OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 20142020 ($M)
118
TABLE 90.
APAC OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 20142020 (KILO TONS)
119
TABLE 91.
MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 ($M)
119
TABLE 92.
MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS)
120
TABLE 93.
GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY REGION, 20142020 ($M)
121
TABLE 94.
GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY REGION, 20142020 (KILO TONS)
121
TABLE 95.
NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
123
TABLE 96.
NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
123
TABLE 97.
CANADA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
124
TABLE 98.
CANADA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
124
TABLE 99.
MEXICO OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
127
TABLE 100. MEXICO OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
127
TABLE 101. U.S. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
128
TABLE 102. U.S. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
128
TABLE 103. U.S. PROVED RESERVES OF CRUDE OIL & LESS CONDENSATE-BY YEARS, 2010-2013 (IN MILLION BARRELS)
130
TABLE 104. SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
131
TABLE 105. SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
131
TABLE 106. ARGENTINA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
132
TABLE 107. ARGENTINA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
132
TABLE 108. BRAZIL OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
133
TABLE 109. BRAZIL OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
133
TABLE 110. VENEZUELA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
136
TABLE 111. VENEZUELA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
137
TABLE 112. OTHERS OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
137
TABLE 113. OTHERS OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
137
TABLE 114. EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
138
TABLE 115. EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
139
TABLE 116. GERMANY OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
140
TABLE 117. GERMANY OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
140
TABLE 118. FRANCE OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
141
TABLE 119. FRANCE OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
141
TABLE 120. ITALY OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
142
TABLE 121. ITALY OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
142
TABLE 122. RUSSIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
143
TABLE 123. RUSSIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
143
TABLE 124. U.K. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
145
TABLE 125. U.K. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
145
TABLE 126. OTHERS OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
146
TABLE 127. OTHERS OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
146
TABLE 128. APAC OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
147
TABLE 129. APAC OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
147
TABLE 130. CHINA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
149
TABLE 131. CHINA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
149
TABLE 132. SOUTH KOREA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
151
TABLE 133. SOUTH KOREA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
151
TABLE 134. JAPAN OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
152
TABLE 135. JAPAN OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
152
TABLE 136. INDIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
153
TABLE 137. INDIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
154
TABLE 138. OTHERS OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
154
TABLE 139. OTHERS OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
155
TABLE 140. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
155
TABLE 141. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
156
TABLE 142. SAUDI ARABIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
156
TABLE 143. SAUDI ARABIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
157
TABLE 144. U.A.E. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 20142020 ($M)
158
TABLE 145. U.A.E. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
158
TABLE 146. AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
158
TABLE 147. AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 20142020 (KILO TONS)
159
TABLE 148. OTHERS OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M)
161
TABLE 149. OTHERS OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS)
161
TABLE 150. AKZONOBEL: REVENUE BY YEAR, 2011-2013 ($M)
163
TABLE 151. BASF: REVENUE BY YEAR, 2011-2013 ($BN)
167
TABLE 152. CLARIANT: SALES BY YEAR, 2011-2013 ($M)
169
TABLE 153. HUNTSMAN: TOTAL REVENUE BY YEAR, 2011-2013 ($BN)
171
TABLE 154. KAO CORPORATION: NET SALES BY YEAR, 2011-2013 ($BN)
175
TABLE 155. DOW: NET SALES BY YEAR, 2011 – 2013 ($M)
180
TABLE 156. STEPAN COMPANY: NET SALES, 2011-2013 ($M)
184
TABLE 157. STEPAN COMPANY: NET SALES, BY SEGMENT, 2011-2013 ($M)
184
TABLE 158. DUPONT: REVENUE BY YEAR, 2011-2013 ($BN)
188
TABLE 159. HENKEL: REVENUE BY YEAR, 2011-2013 ($BN)
191
TABLE 160. WEATHERFORD: REVENUE BY YEAR, 2011-2013 ($M)
196
TABLE 161. CYTEC: NET SALES BY YEAR, 2011-2013 ($M)
199
LIST OF FIGURES FIGURE 1.
GLOBAL OIL FIELD SURFACTANTS BY TYPE, 2014
22
FIGURE 2.
OIL FIELD SURFACTANTS MARKET REVENUE, 2014-2020 ($MILLION)
23
FIGURE 3.
GLOBAL OIL FIELD SURFACTANTS MARKET SHARES BY REGION, 20142020
24
FIGURE 4.
GLOBAL MARKET SHARE ANALYSIS FOR OIL FIELD SURFACTANTS – BY COMPANY, 2014
26
FIGURE 5.
OIL FIELD SURFACTANT - PATENT ANALYSIS, BY YEAR, 2011-2014 (NUMBER OF PATENTS)
27
FIGURE 6.
OILFIELD SURFACTANT - PATENT ANALYSIS, BY COMPANY, 2011-2014 (%) 28
FIGURE 7.
VALUE CHAIN, OILFIELD SURFACTANTS MARKET
36
FIGURE 8.
SURFACTANT PRICING ANALYSIS, BY TYPE, 2014-2020 ($)
38
FIGURE 9.
FIGURE: INDUSTRY LIFE CYCLE
39
FIGURE 10. OILFIELD SURFACTANTS MARKET, BY APPLICATION
40
FIGURE 11. PRODUCTION OF OIL BY CO2 INJECTION, U.S, 2010-2020 (000 UNITS)
41
FIGURE 12. GLOBAL PRODUCTION OF OIL, 2010-2020 (MILLION BARRELS PER DAY)
44
FIGURE 13. NUMBER OF OIL SPILLS, 2008-2014
45
FIGURE 14. PIPELINE INCIDENTS, 2010-2013
46
FIGURE 15. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2014 (KILO TONS)
50
FIGURE 16. FIGURE - GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2020 (KILO TONS)
51
FIGURE 17. GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2014 (KILO TONS)
53
FIGURE 18. GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2020 (KILO TONS)
54
FIGURE 19. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2014 (KILO TONS)
56
FIGURE 20. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2020 (KILO TONS)
57
FIGURE 21. GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2014 (KILO TONS)
59
FIGURE 22. GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET VOLUME, BY APPLICATION, 2020 (KILO TONS)
60
FIGURE 23. GLOBAL OILFIELD SURFACTANTS MARKET CLASSIFICATION– BY TYPE
72
FIGURE 24. U.S OIL PRODUCTION, BY REGION, 2014-2015
74
FIGURE 25. EMISSIONS INTO AIR, BY POLLUTANT, EUROPE, 2014
78
FIGURE 26. GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, BY REGION, 2014 ($M)
96
FIGURE 27. GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, BY REGION, 2014 ($M)
103
FIGURE 28. GLOBAL OTHER OILFIELD SURFACTANTS MARKET REVENUE, BY REGION, 2014-2020 ($M)
110
FIGURE 29. TYPES OF BIOSURFACTANTS
113
FIGURE 30. ESTIMATED CANADA OIL PRODUCTION-BY YEARS, 2015-2030 (IN MBPD)
125
FIGURE 31. ESTIMATED U.S. OIL PRODUCTION-BY YEARS, 20150-2030 (IN MBPD)
129
FIGURE 32. OIL EXPLORATION INVESTMENT SHARE IN BRAZIL, BY TYPES, 20132017 (%)
135
FIGURE 33. PRODUCTION DEVELOPMENT INVESTMENT SHARE, BY TYPES, 20132017 (%)
135
FIGURE 34. ESTIMATED CHINA’S OIL PRODUCTION-BY YEARS, 2013-2015 (IN MBPD)
150
FIGURE 35. ESTIMATED INDIA’S OIL PRODUCTION-BY YEARS, 2014-2025 (IN MBPD)
153
FIGURE 36. ESTIMATED AFRICA’S OIL PRODUCTION-BY YEARS, 2014-2025 (IN MBPD)
160
FIGURE 37. AKZONOBEL: REVENUE SHARE BY BUSINESS SEGMENT IN 2013 (%)
164
FIGURE 38. BASF: REVENUE SHARE BY CHEMICALS SEGMENT IN 2013 (%)
168
FIGURE 39. CLARIANT: SALES SHARE BY SEGMENT IN 2013 (%)
170
FIGURE 40. HUNTSMAN: REVENUE SHARE BY SEGMENT IN 2013 (%)
172
FIGURE 41. HUNTSMAN: REVENUE SHARE BY GEOGRAPHY IN 2013 (%)
173
FIGURE 42. KAO CORPORATION: SALES SHARE BY SEGMENT IN 2013 (%)
176
FIGURE 43. DOW: NET SALES SHARE BY OPERATION SEGMENT IN 2013 (%)
181
FIGURE 44. DUPONT: SALES BY SEGMENT, 2013 (%)
188
FIGURE 45. HENKEL: SALES BY GEOGRAPHY, 2013 (%)
192
FIGURE 46. WEATHERFORD: REVENUE SHARE BY REGION IN 2013 (%)
196
FIGURE 47. CYTEC: REVENUE SHARE BY GEOGRAPHY IN 2013 (%)
199
FIGURE 48. CYTEC: REVENUE SHARE BY BUSINESS SEGMENT IN 2013 (%)
200
1 OILFIELD SURFACTANT - MARKET OVERVIEW Oilfield surfactants are the part of specialty oilfield chemicals that are used in drilling, production and stimulation. Surfactants in oilfields act as detergents, corrosion inhibitors, emulsifiers and so on. Surfactants are in wide ranges that can be classified as anionic, non-ionic, cationic, amphoteric and others. The advent of enhanced oil recovery technologies has facilitated increased use of surfactants. Surfactants that meet the environmental regulations and performance norms witness high demand. The most popular surfactant is anionic due to its properties and is of low cost compared to other surfactants. However, the types of surfactant to be used is end user specific based on the end location to be used. Anionic surfactants when dissociated in water produce amphiphilic anion and a cation. They are primarily used as wetting agents, dispersants, emulsifiers, foaming agents and corrosion inhibitors. The growing number of oil spills has resulted in increased use of dispersants in order to separate the oil particles for cleaning. Non-ionic surfactants have no charge on the hydrophilic head when dissociated in water and are the second largest segment in the oilfield surfactants market, after anionic surfactants. These do not ionize in water due to a nondissociable hydrophilic head. Non-ionic surfactants are environmentally and biologically safe due to low carcinogenic and mutagenic toxicity. Cationic surfactants when dissociated in water produce amphiphilication and an anion. The growing shale gas refinery market is set to propel demand for cationic surfactants, particularly as corrosion inhibitors and emulsifiers. Corrosion Inhibitors are the key application for cationic surfactants. The report analyses the oilfield surfactants market in various applications and covers the market demand with respective regions. The report also provides a market overview for the surfactants market. Surfactants in oilfield market is analysed using various parameters such as:
Source: IndustryARC Analysis
2 EXECUTIVE SUMMARY Oil field Surfactants are amphiphiles that are used to lower surface tension between two liquids. They are used as emulsifiers, detergents, foaming agents and dispersants. These surfactants are used for augmenting the recovery process of petrochemicals from the wells. Oilfield surfactants are a niche market of the overall speciality oil field chemicals. The market is segmented in to various types, applications, substrates along with detailed geographic analysis. The global oil field surfactants market size is estimated to be $853 million and forecast to reach $1167 million by 2020 exhibiting a CAGR of 5.5%. The market volume of oil surfactants is estimated to be 598.1 KT in 2014 and poised to exhibit a CAGR of 4.3% through 2020. The global oil and exploration activities in the past decade have increased due to the rapid growth of global economy that is highly based on oil & gas sector to meet its energy demands. This has resulted in growing demand for oil field chemicals used in exploration, extraction and refining process. Booming crude oil production to cater the growing oil demand from emerging economies is the major driver for oil field surfactants. Growing interest in bio-based oil surfactants is set to propel market growth of this niche category. Environmental concerns and decreasing oil prices might restrain oil production impacting market growth. Oil field surfactants market has been segmented in to key types such as anionic, non-anionic, cationic, amphoteric, and others depending on their dissociation in water.
FIGURE 1.
GLOBAL OIL FIELD SURFACTANTS BY TYPE, 2014
xx xx xx Amphoteric Others
Source: Primary insights, IndustryARC Analysis The xx surfactants are the dominant type accounting for $327.1 million in 2014.The xx surfactants market held huge potential to grow to $110.8m by 2020 from $78.1m in 2014 owing to the ability to withstand high temperature and pressure. The xx surfactants are best used for corrosion inhibition and are used in enhanced oil recovery technology such as steam flooding. Each of these types is further divided in to subtypes as well. The growing consumer awareness for environmental protection is the resulting in strong market demand for bio based oil surfactants due to their ecological benefits. The main applications of oil field surfactants are emulsifiers/demulsifiers, lubricants, dispersants, corrosion inhibitors, foam control agents, wetting and suspending agents, biocides, acrylic.
FIGURE 2.
OIL FIELD SURFACTANTS MARKET REVENUE, 20142020 ($MILLION) Acrylic xx xx xx
Corrosion inhibitors xx xx
Emulsifiers/demulsifiers 2014
2015
2016
2017
2018
2019
2020
Source: Primary insights, IndustryARC Analysis xx held the largest market share in 2014 accounting for revenue of $290m. The other key segments include Wetting agents and corrosion inhibitors. The corrosion inhibitor market is forecast to grow at a fastest rate of xx% through 2020. Chemicals with both emulsification and wetting properties have been developed in recent years, leading to growing utilization of these dual application chemicals The oil field surfactant market is deeply analysed by segmenting in to 5 regions namely North America, South America, Europe, APAC and Middle East & Africa.
FIGURE 3.
GLOBAL OIL FIELD SURFACTANTS MARKET SHARES BY REGION, 2014-2020
xx xx xx South America xx
2014
2015
2016
2017
2018
2019
2020
Source: Primary insights, IndustryARC Analysis xx with 33.6% share in the global oilfield surfactants market was leading in 2014 followed by xx and xx with 25% and 19.6% shares, respectively. The highest growth rate for the forecast period 2015-2020 will be observed in xx region There is huge market potential to be tapped in APAC and Africa region due to growing energy demands in these regions.
Stepan, xx , xx, xx, xx , Solvary are few of the dominant companies in the industry. The top 5 major companies account for 62% of the total market share.
FIGURE 6.
OILFIELD SURFACTANT - PATENT ANALYSIS, BY COMPANY, 2011-2014 (%)
25%
32% Akzo Nobel DOW Huntsman Stepan
14%
BASF
9%
20%
Source: IndustryARC Analysis, Expert Opinions The number of patents issued globally for processes and technologies related to oilfield surfactant market is widespread across the major companies. The major chemical companies Akzo Nobel, DOW Chemicals and BASF account for 77% of the patents filed by leading companies. Through 2014, the patents pertaining these technologies and processes by the top five companies are estimated to number 782. The development of new applications and technologies, R&D investments by major market players and favourable patent regulations will ensure entry of newer and innovative processes and technologies into the market at a fast pace. The rise in demand for affordable and efficient surfactants in the oil and gas industry will drive the competition among key stakeholders to provide new oilfield surfactant chemicals. Akzo Nobel holds the largest share of patents accounting for 32% of patents filed in the period 2011-2014. DOW and BASF holds 25% and 20% of the patents filed through this period. Stepan and Huntsman however have filed low number of patents accounting for 23% of the total patents combined.
Below are some key patents received during the period 2011-2014 Akzo Nobel N.V has received a US patent (US2014124205A1) for new process for fracturing a subterranean formation. This process will use surfactants in drilling applications as a lubricant in fracking process of oil and gas industry. BASF SE received a patent, US8596367 B2, for a process for mineral oil production by means of Winsor Type III micro emulsion flooding and an aqueous surfactant formulation. This patent involves a new composition of surfactant utilized in this process. DOW Chemicals received a US patent which covers Nonionic surfactant blends using seed oils. This process contains composition for a non-ionic surfactant utilizing seed oils such as castor oil, soybean oil, olive oil, corn oil etc. Huntsman Corporation received a patent, WO2014193720A1, which involves a surfactant formulation for use in treating and recovering fossil fluid from a subterranean formation. The surfactant formulation is injected into wells located within the subterranean formation and fossil fluids can then be subsequently recovered with improved efficiency. Stepan Company received a patent, US2014073541A1, which involves new surfactant compositions for use in enhancing oil recovery. Aqueous concentrates comprising water and the surfactant compositions have been patented. 3.2.2
PRODUCT BENCHMARKING
The products of top five companies in the oilfield surfactant market are benchmarked by considering few parameters such as distribution network, product portfolio and innovation in technology. Innovation in Technology: The innovation standards have been set as high, medium and low. The innovation standards have been set based on R&D spend, number of product launches and patents filed. Akzo Nobel has added a lot of patents in the surfactant market while increasing R&D spending; thus Akzo Nobel has been labelled as high in this category. Huntsman has filed few patents and has lower R&D spending ratio accounting for a low share of revenue generated; thus Huntsman has been labelled as low. Distribution Network: The distribution network has been classified as diverse and narrow based on the number of locations, distribution deals through a third party and potential customers for the company. For instance, BASF and DOW are operational in more than 100 countries with distribution deals in major growth areas as well as high brand awareness, while Stepan Company is operational in 20 countries.
6 OILFIELD SURFACTANTS MARKET – APPLICATIONS Oil Industry utilizes wide variety of chemicals which include extensive range of surfactants for drilling and production purposes. The advent of enhanced oil recovery technologies has facilitated increased use of surfactants. Surfactants that meet the environmental regulations and performance norms witness high demand. FIGURE 10. OILFIELD SURFACTANTS MARKET, BY APPLICATION
Source: IndustryARC Analysis, Expert Insights. 6.1
INCREASE OF CO2 OIL RECOVERY TECHNOLOGY TO FUEL MARKET FOR SURFACTANTS
The oil recovery technologies are of three types, namely, thermal recovery, gas injection and chemical injection. The gas injection technology utilizes gases like Nitrogen, CO2, and natural gas to recover oil. Out of all, CO2 injection is used in majority of industrial applications. The increased usage of this technique over the few years can be attributed to the unique properties of the gas being high miscible and less expensive. In U.S, as of 2010, there are 114 CO2 injection units that produce over 280,000 barrels of oil per day. Surfactants play key role in CO2 flooding that enhances oil production. These are primarily used to stabilize CO2 in brine form and only fewer types of surfactants available as CO2 is a weaker solvent than water. Huntsman Corporation, Dow Chemical Company, Dupont, are some of the companies which manufacture solvents used in this technique. In recent times, there have been some key developments that mark the growth of CO2 technique for oil production. Denbury Resources Inc. has acquired Cedar fields of 177sqms to enhance the company capabilities in CO2 flooding in 2014. In the same year, Dow Chemical Company has launched ELEVATE CO2 enhanced oil recovery conformance solution, that uses superficial CO2 fluid
and water to revise CO2 mobility. This solution can be effectively used for proficient use of CO2 and increase oil production.
FIGURE 11. PRODUCTION OF OIL BY CO2 INJECTION, U.S, 20102020 (000 UNITS)
Barrles of oil per day (000units)
700 600 500 400 300 200 100 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Source: U.S Department of Energy (DOE) primer: Carbon Dioxide Enhanced Oil Recovery; U.S DOE Website, IndustryARC Analysis. The CO2 usage in production oil has increased in U.S. The oil production by CO2 flooding is estimated to increase at a rate of 8.3% from 2010-2020. In U.S, independent producers are making efforts to enhance CO2 production. The Sandridge Energy Inc. and Occidental Petroleum Corp. have developed natural gas processing plant in West Texas which has capacity to produce 13.5 million metric tons of CO2 annually and is worth of $1.1 billion for use EOR operations. Thus, the demand for CO2 oil recovery technology will continue to grow to enhance oil production by escalating demand for surfactants. 6.2
GLOBAL OILFIELD APPLICATION
SURFACTANTS
MARKET
REVENUE,
BY
The key applications of oilfield surfactants are emulsifiers, corrosion inhibiters and wetting agents. These applications are primarily used in the drilling and stimulation oil production processes. The growing number of shale oil extraction processes as well as growing oil refineries being established, primarily in APAC region, is set to propel the oilfield surfactant market.
TABLE 2. GLOBAL OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M) Application
2014
2015
2016
2017
2018
2019
2020
Emulsifiers/demulsifiers 290 303.5 318.9 Lubricants 26 26.8 28.1 Dispersants 94 98.2 101.1 Corrosion inhibitors 145 151.7 161.2 Foaming Agent 43 44.6 46.4 Wetting and suspending 196 205.3 214.8 agents Biocides 43 44.6 47.0 Acrylic 17 17.9 18.7 Total 853 893 936 Source: IndustryARC Analysis, Expert Insights
336.1 29.5 104.4 171.8 48.5 225.4
355.2 31.1 108.1 183.5 50.7 237.1
376.5 32.9 112.1 196.6 53.2 250.2
400.2 34.9 116.7 211.1 56.0 264.8
CAGR% (20152020) 5.7% 5.4% 3.5% 6.8% 4.6% 5.2%
49.6 19.7 985
52.6 20.8 1039
55.9 22.0 1099
59.5 23.3 1167
5.9% 5.5% 5.5%
Emulsifiers held the largest market share in 2014 accounting for revenue of $290m in 2014. This segment holds the largest potential market and is forecast to grow to $400m by 2020. The other key segments include Wetting agents and corrosion inhibitors. The corrosion inhibitor markets accounts for $145m in 2014 and is forecast to grow at the highest rate of 6.8% CAGR through 2020. The growing safety standards as well as increasing price of corrosion inhibitor chemicals are estimated to drive the market. Wetting and suspending agents are a large market and account for $196m in 2014 and the market is forecast to grow to $265m by 2020. Chemicals with both emulsification and wetting properties have been developed in recent years leading to growing utilization of these dual application chemicals. For instance Alkoxylated Alcohol, supplied by companies such as Rhodia, Akzo Nobel and Stepan, is used as an emulsifier and wetting agent and is forecast to find increased application. TABLE 3. GLOBAL OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS) Application
Emulsifiers/demulsifiers Lubricants Dispersants Corrosion inhibitors Foaming Agent Wetting and suspending
2014
2015
2016
2017
2018
2019
2020
CAGR% (20152020)
and North America regarding toxic gases are forecast to result in adoption of lubricants free from halogens and metals. The lack of technological innovations in this segment is forecast to hinder the market growth. 6.2.3
DISPERSANTS
Dispersants are chemicals that are usually surfactants or solvents which separate oil from water. These are generally used when oil is spilled, aiding the separation of particles and thus prevent clumping. FIGURE 13. NUMBER OF OIL SPILLS, 2008-2014 12
Number of oil spills
10 8 2008
6
2010 4
2014
2 0 Oil Spills
The number of oil spill incidents has been reduced significantly over the years due to effective use of dispersants. In 2014, only one large incident that was greater than 700 tons is recorded in South China. The dispersants find application in off-shore production where there is higher chance of oil spilling. In Brazil and Gulf of Mexico majority of the oil production is off shore. Brazil oil production for 2013 was 300,000 barrels per day wherein 90% of the production was off shore. These production facilities contain stock of dispersants, through which they can proactively act on oil spills. Thus, dispersants market is estimated to grow with increasing application in preventing oil spills at offshore production facilities. 6.2.4
CORROSION INHIBITORS
Inhibitors are mainly used in the pipelines to protect them from low-flow areas, dead legs, bacterial corrosion, and others. Corrosion inhibitors provide temporary and permanent protection from corrosion. In U.S, there is more than 190,000 miles of oil pipelines that carry out operations
throughout the year. Corrosion in a pipeline leads to not only deterioration but to extent of breaking it. The increasing pipeline accidents over the few years have stressed the importance of safety in pipelines and essence of efficient construction material and accurate safety measures.
FIGURE 14. PIPELINE INCIDENTS, 2010-2013
36%
34% 2011 2012 2013
30%
Source: U.S Pipeline and Hazardous Materials Safety Administration (PHMSA) Report (1993-2013) Corrosion is one of the key reasons in pipeline incidents. As many pipelines traversing across the globe are old, the corrosion levels are high and also are responsible for breakage. Thus, the preventive measures to enable the pipelines with corrosion resistant materials will increase creating market the inhibitors. 6.2.5
FOAM CONTROL AGENTS
Oilfield surfactants are used as foam control agents in defoamers/anti-foaming agents. Defoamers and anti-foaming agents are chemical additives to suppress the formation of foam. Generally in oilfield, the defoamers are used to control oil foam in separators to reduce gas-carry-under into the oil system. Typically the defoamers are silicone or fluorosilicone based and overdosing of these agents may cause fouling problems in refineries. Efficiency of antifoam depends on the operating conditions and surfactants generating the foam. Slicone antifoams are the most prevalent type used in the gas processing industry. They are made up of siloxane oils mixed with silica particles. The long hydrophobic “R� hydrocarbon group of silicon oils attached to silicon atoms reduces the very insolubility in aqueous solution.
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