IndustryARC
Global Oilfield Biocides and Bio-Solvents Market (2014-2020)
By Biocides (Oxidizing and Non-Oxidizing); By Bio-Solvents (Hydrocarbon, Alcohols, Glycols and Others); By Application (Drilling, Production, Completion, Fracking and Others); By Geography
TABLE OF CONTENTS 1. Global Oilfield Biocides and Bio-solvents -Market Overview 2. Executive Summary 3. Global Oilfield Biocides and Bio-Solvents -Market Landscape 3.1. Comparative Analysis 3.1.1.
Product Benchmarking
3.1.2.
End Users Analysis
3.1.3.
Top 5 Financials Analysis
4. Global Oilfield Biocides and Bio-solvents - Market Forces 4.1. Market Drivers 4.2. Market Challenges 4.3. Market Restraints 4.4. Attractiveness Of Oilfield Biocides and Bio-Solvents Industry 4.4.1.
Power Of Suppliers
4.4.2.
Power Of Customers
4.4.3.
Threats Of Substitution
4.4.4.
Degree Of Competition
4.4.5.
Threats Of New Entrants
5. Global Oilfield Biocides and Bio-solvents - Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Market life Cycle Analysis 5.4. Suppliers and Distributors 5.5. Regulatory Analysis 6. Global Oilfield Biocides– By Type 6.1. Oilfield Biocides
6.1.1.
Oxidizing biocides
6.1.1.1. Chlorine 6.1.1.2. Peracetic Acid 6.1.1.3. Others 6.1.2. Non-oxidizing Biocides 6.1.2.1. Glutaraldehyde 6.1.2.2. Quaternary Ammonium 6.1.2.3. THPS 6.1.2.4. DBNPA 6.1.2.5. Others 6.2. Global Oilfield Bio-Solvents– By Type 6.2.1.
Hydrocarbons
6.2.2.
Alcohols
6.2.3.
Glycols
6.2.4.
Esters
6.2.5.
Ethers
6.2.6.
Others
7. Global Oilfield Biocides and Bio-Solvents – By Application 7.1. Drilling 7.2. Production 7.3. Hydraulic Fracturing 7.4. Completion 7.5. Packer fluids 7.6. Others 8. Global Oilfield Biocides and Bio-Solvents - By Geographical Analysis 8.1. Introduction 8.2. North America 8.2.1.
U.S.
8.2.2.
Canada
8.2.3.
Mexico
8.3. Europe 8.3.1.
U.K.
8.3.2.
Russia
8.3.3.
France
8.3.4.
Germany
8.3.5.
Others
8.4. APAC 8.4.1.
India
8.4.2.
China
8.4.3.
Japan
8.4.4.
Indonesia
8.5. RoW 9. Market Entropy 10. Company Profiles 10.1.
Akzo Nobel N.V.
10.2.
Ashland Inc.
10.3.
Avista Technologies
10.4.
BASF SE
10.5.
Chemiphase Ltd.
10.6.
Chemtex Specialty Limited
10.7.
Clariant AG
10.8.
Dow Chemical Company
10.9.
Evonik Industries AG
10.10. GEMTEK Products, LLC 10.11. Kemiraoyj 10.12. Lonza Group Ltd. 10.13. Nalco Holding Company 10.14. Pilot Chemical Company 10.15. Quat-chem Ltd. 10.16. Solvay Chemicals International SA 10.17. Stepan Company Ltd. 10.18. The Lubrizol Corporation 10.19. Thermax Limited 10.20. Troy Corporation 11. Appendix 11.1.
Abbreviations
11.2.
Sources
11.3.
Research Methodology
11.4.
Bibliography
11.5.
Compilation of Expert Insights
11.6.
Disclaimer
LIST OF TABLES Table1Global Oilfield Biocides and Bio-Solvents Market Revenue, By Particular, 2014-2020 ($M) Table2Global Oilfield Biocides and Bio-Solvents Market Volume, By Particular, 2014-2020 (KT) Table3Oxidizing Biocides Product Benchmarking, By Company Table4Non-Oxidizing Biocides Product Benchmarking, By Company Table5Bio-Solvents Product Benchmarking, By Company Table6Global Biocides & Bio-Solvents Financials Analysis, By Company Table7Regulatory Directives, By Company Table8Oilfield Oxidizing Biocides Market Revenue, By Region, 2014-2020 ($M) Table9Oilfield Oxidizing Biocides Market Volume, By Region, 2014-2020 (KT) Table10Oilfield Chlorine Biocides Market Revenue, By Region, 2014-2020 ($M) Table11Oilfield Chlorine Biocides Market Volume, By Region, 2014-2020 (KT) Table12Oilfield Peracetic Acid Biocides Market Revenue, By Region, 2014-2020 ($M) Table13Oilfield Peracetic Acid Biocides Market Volume, By Region, 2014-2020 (KT) Table14Oilfield Other Oxidizing Biocides Market Revenue, By Region, 2014-2020 ($M) Table15 Oilfield Other Oxidizing Biocides Market Volume, By Region, 2014-2020 (KT) Table16 Oilfield Non-Oxidizing Biocides Market Revenue, By Region, 2014-2020 ($M) Table17 Oilfield Non-Oxidizing Biocides Market Volume, By Region, 2014-2020 (KT) Table18 Oilfield Glutaraldehyde Biocides Market Revenue, By Region, 2014-2020 ($M) Table19 Oilfield Glutaraldehyde Biocides Market Volume, By Region, 2014-2020 (KT) Table20 Oilfield Quaternary Ammonium Biocides Market Revenue, By Region, 2014-2020 ($M) Table21 Oilfield Quaternary Ammonium Biocides Market Volume, By Region, 2014-2020 (KT) Table22 Oilfield THPS Biocides Market Revenue, By Region, 2014-2020 ($M) Table23 Oilfield THPS Biocides Market Volume, By Region, 2014-2020 (KT) Table24 Oilfield DBNPA Biocides Market Revenue, By Region, 2014-2020 ($M) Table25 Oilfield DBNPA Biocides Market Volume, By Region, 2014-2020 (KT) Table26 Oilfield Other Non-Oxidizing Biocides Market Revenue, By Region, 2014-2020 ($M) Table27 Oilfield Other Non-Oxidizing Biocides Market Volume, By Region, 2014-2020 (KT) Table28 Global Oilfield Bio-Solvents Revenue, By Region, 2014-2020 ($M) Table29 Global Oilfield Bio-Solvents Volume, By Region, 2014-2020 (KT) Table30 Global Oilfield Bio-Solvents Volume, By Type, 2014-2020 (KT) Table31 Global Oilfield Bio-Solvents Revenue, By Type, 2014-2020 ($M)
Table32 Global Oilfield Biocides Market Revenue, By Type, 2014-2020 ($M) Table33 Global Oilfield Biocides Market Volume, By Type, 2014-2020 (KT) Table34 Global Oilfield Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table35 Global Oilfield Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table36 Global Oilfield Oxidizing Biocides Market Revenue in Production, By Type, 2014-2020 ($M) Table37 Global Oilfield Oxidizing Biocides Market Volume in Production, By Type, 2014-2020 (KT) Table38 Global Oilfield Non-Oxidizing Biocides Market Revenue in Production, By Type, 2014-2020 ($M) Table39 Global Oilfield Non-Oxidizing Biocides Market Volume in Production, By Type, 20142020 (KT) Table40 Global Oilfield Oxidizing Biocides Market Revenue in Drilling, By Type, 2014-2020 ($M) Table41 Global Oilfield Oxidizing Biocides Market Volume in Drilling, By Type, 2014-2020 (KT) Table42 Global Oilfield Non-Oxidizing Biocides Market Revenue in Drilling, By Type, 20142020 ($M) Table43 Global Oilfield Non-Oxidizing Biocides Market Volume in Drilling, By Type, 20142020 (KT) Table44 Global Oilfield Oxidizing Biocides Market Revenue in Completion, By Type, 20142020 ($M) Table45 Global Oilfield Oxidizing Biocides Market Volume in Completion, By Type, 2014-2020 (KT) Table46 Global Oilfield Non-Oxidizing Biocides Market Revenue in Completion, By Type, 2014-2020 ($M) Table47 Global Oilfield Non-Oxidizing Biocides Market Volume in Completion, By Type, 2014-2020 (KT) Table48 Global Oilfield Oxidizing Biocides Market Revenue in Hydraulic Fracturing, By Type, 2014-2020 ($M) Table49 Global Oilfield Oxidizing Biocides Market Volume in Hydraulic Fracturing, By Type, 2014-2020 (KT) Table50 Global Oilfield Non-Oxidizing Biocides Market Revenue in Hydraulic Fracturing, By Type, 2014-2020 ($M)
Table51 Global Oilfield Non-Oxidizing Biocides Market Volume in Hydraulic Fracturing, By Type, 2014-2020 (KT) Table52 Global Oilfield Oxidizing Biocides Market Revenue in Packer Fluids, By Type, 20142020 ($M) Table53 Global Oilfield Oxidizing Biocides Market Volume in Packer Fluids, By Type, 20142020 (KT) Table54 Global Oilfield Non-Oxidizing Biocides Market Revenue in Packer Fluids, By Type, 2014-2020 ($M) Table55 Global Oilfield Non-Oxidizing Biocides Market Volume in Packer Fluids, By Type, 2014-2020 (KT) Table56 Global Oilfield Oxidizing Biocides Market Revenue in Others, By Type, 2014-2020 ($M) Table57 Global Oilfield Oxidizing Biocides Market Volume in Others, By Type, 2014-2020 (KT) Table58 Global Oilfield Non-Oxidizing Biocides Market Revenue in Others, By Type, 20142020 ($M) Table59 Global Oilfield Non-Oxidizing Biocides Market Volume in Others, By Type, 20142020 (KT) Table60 Global Oilfield Biocides Market Revenue, By Region, 2014-2020 ($M) Table61 Global Oilfield Biocides Market Volume, By Region, 2014-2020 (KT) Table62 North America Oilfield Biocides Market Revenue, By Type, 2014-2020 ($M) Table63 North America Oilfield Biocides Market Volume, By Type, 2014-2020 (KT) Table64 North America Oilfield Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table65 North America Oilfield Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table66 North America Oilfield Non-Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table67 North America Oilfield Non-Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table68 North America Oilfield Biocides Revenue, By Application, 2014-2020 ($M) Table69 North America Oilfield Biocides Volume, By Application, 2014-2020 (KT) Table70 North America Oilfield Biocides Revenue, By Country, 2014-2020 ($M) Table71 North America Oilfield Biocides Volume, By Country, 2014-2020 (KT) Table72 North America Oilfield Bio-Solvents Revenue, By Application, 2014-2020 ($M) Table73 North America Oilfield Bio-Solvents Volume, By Application, 2014-2020 (KT)
Table74 Europe Oilfield Biocides Market Revenue, By Type, 2014-2020 ($M) Table75 Europe Oilfield Biocides Market Volume, By Type, 2014-2020 (KT) Table76 Europe Oilfield Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table77 Europe Oilfield Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table78 Europe Oilfield Non-Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table79 Europe Oilfield Non-Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table80 Europe Oilfield Biocides Revenue, By Application, 2014-2020 ($M) Table81 Europe Oilfield Biocides Volume, By Application, 2014-2020 (KT) Table82 Europe Oilfield Biocides Revenue, By Country, 2014-2020 ($M) Table83 Europe Oilfield Biocides Volume, By Country, 2014-2020 (KT) Table84 Europe Oilfield Bio-Solvents Revenue, By Application, 2014-2020 ($M) Table85 Europe Oilfield Bio-Solvents Volume, By Application, 2014-2020 (KT) Table86 APAC Oilfield Biocides Market Revenue, By Type, 2014-2020 ($M) Table87 APAC Oilfield Biocides Market Volume, By Type, 2014-2020 (KT) Table88 APAC Oilfield Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table89 APAC Oilfield Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table90 APAC Oilfield Non-Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table91 APAC Oilfield Non-Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table92 APAC Oilfield Biocides Revenue, By Application, 2014-2020 ($M) Table93 APAC Oilfield Biocides Volume, By Application, 2014-2020 (KT) Table94 APAC Oilfield Biocides Revenue, By Country, 2014-2020 ($M) Table95 APAC Oilfield Biocides Volume, By Country, 2014-2020 (KT) Table96 APAC Oilfield Bio-Solvents Revenue, By Application, 2014-2020 ($M) Table97 APAC Oilfield Bio-Solvents Volume, By Application, 2014-2020 (KT) Table98RoW Oilfield Biocides Market Revenue, By Type, 2014-2020 ($M) Table99RoW Oilfield Biocides Market Volume, By Type, 2014-2020 (KT) Table100RoW Oilfield Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table101RoW Oilfield Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table102RoW Oilfield Non-Oxidizing Biocides Market Revenue, By Type, 2014-2020 ($M) Table103RoW Oilfield Non-Oxidizing Biocides Market Volume, By Type, 2014-2020 (KT) Table104RoW Oilfield Biocides Revenue, By Application, 2014-2020 ($M) Table105RoW Oilfield Biocides Volume, By Application, 2014-2020 (KT) Table106RoW Oilfield Biocides Revenue, By Country, 2014-2020 ($M) Table107RoW Oilfield Biocides Volume, By Country, 2014-2020 (KT)
Table108RoW Oilfield Bio-Solvents Revenue, By Application, 2014-2020 ($M) Table109RoW Oilfield Bio-Solvents Volume, By Application, 2014-2020 (KT) Table110 M&A, Product Launches, 2010-2015 Table111Ashland Specialty Chemicals Segment: Total Revenue, By Geography, 2014 ($M) Table112BASF Chemical Segment: Total Revenue, By Geography, 2012– 2013 ($BN) Table113Clariant AG: Total Revenue, By Geography, 2012-2013 ($M) Table114Dow: Total Revenue, By Geography ($BN) Table115Evonik Industries: Total Revenue, By Geography, 2012– 2013 ($BN) Table116Kemira: Total Revenue, By Geography, 2012– 2013 ($M) Table117Lonza Group: Total Revenue, By Geography, 2012– 2013 ($M) Table118Nalco: Total Revenue, 2011– 2012 ($M) Table119Stepan Specialty Chemicals Segment: Total Revenue, By Geography, 2013 ($M)
LIST OF FIGURES Figure1 Global Oilfield Biocide and Bio Solvents Market Revenue Share, By Type, 2014 (%) Figure2 Oilfield Biocides and Bio-Solvents Market, By Segmentation Figure3 Biocides and Bio-Solvents Value Chain Analysis Figure4 Non-Oxidizing Pricing Analysis, By Type, 2014-2020 ($) Figure5 Solvents Pricing Analysis, By Type, 2014-2020 ($) Figure6 Oilfield Biocides and Bio-Solvents Market Life Cycle Figure7 Total Number of Developments, By Key Players, 2011-2015 Figure8 Total Number of Acquisitions, 2011-2015 Figure9 Total Number of Developments, 2011-2015 Figure10Akzonobel Group: Total Revenue, by Segments, 2013 (%) Figure11Akzonobel Specialty Chemicals: Total Revenue, by Segments, 2013 (%) Figure12 Ashland Inc.: Total Revenue, by Segments, 2014 (%) Figure13 Ashland specialty Chemical Segment: Total Revenue, by product, 2013– 2014 ($m) Figure14 BASF Group: Total Revenue, by Segments, 2013 (%) Figure15Clariant: Sales, By Segment, 2013 (%) Figure16 Dow Chemical: Total Revenue, By Operating Segments, 2013 (%) Figure17Evonik Industries: Total Revenue, by Segments, 2013 (%) Figure18Kimera: Total REVENUE, by segment, 2013 (%) Figure19 Solvay Group: Total Revenue, by Segments, 2013 (%) Figure20Stepan: Total Revenue, by Product, 2013 (%)
1. GLOBAL OILFIELD BIOCIDES& BIO-SOLVENTS MARKETOVERVIEW Biocides are the chemicals which are used to kill microorganisms. They act as anti-microbial agents in the oil-field industry. Killing of microbial through biocides depends upon dose of biocide in substance and the time when actually biocides get contacted with microorganisms. In oilfield industries biocides are used in dose system by periodically or continuously. Biocides only have its effect in substance when it is actually present in it but after removal, bacteria will start growing again in the substance. And in fact at the lower dose it acts as a source of nutrition for microorganism and helps it to growth in the substance faster. The biocides are mainly oxidizing and non-oxidizing types. They are sub classified into types such as glutaraldehyde, peracetic acid, chlorine, DBNPA, THPS, quaternary ammonium and others. These biocides are used in different oilfield applications like drilling, production, hydraulic fracturing, packer fluids, completion and others. Glutaraldehyde is the major biocide used in hydraulic fracturing across the globe. Bio-based solvents are those who originated through renewable resources of biological origin such as plants, fruits and so on. Bio based solvents are mainly in liquid form, these are the solvents which are having less amount of carbon in it. They have ability to dissolve, dilute or extract other substance without changing its composition. The main bio-solvents that are used in oilfield applications are grouped into hydrocarbons, ethers, esters, glycol, alcohols and others. Bio solvents are used to protect the environment from harmful compounds such as volatile organic compounds. Oilfield biocides and bio-solvents market is analyzed using various parameters as shown in the below figure.
OILFIELD BIOCIDES AND BIO-SOLVENTS MARKET CLASSIFICATION
OILFIELD BIOCIDES AND BIO BASED SOLVENTS BY BIOCIDE TYPE
BY BIO BASED SOLVENT TYPE
BY END USER
BY REGION
Glutaraldehyde
Hydrocarbons
Drilling
North America
Peracetic Acid
Ethers
Production
Europe
Chlorine
Esters
Hydraulic Fracturing
APAC
DBNPA
Glycols
Completion RoW
THPS
Alcohols
Packer Fluids
Quaternary Ammonium
Others
Others
Others
Source: IndustryARC Analysis
The report analyses the oilfield biocides and bio solvents market in various applications and covers the market demand with respective regions. The report also provides a market overview for the oilfield biocides and bio solvents. This report also includes profiles of the major companies such as Dow (U.S.), BASF (Germany), Stepan (U.S.), Lubrizol (U.S.) and others.
1.2 STAKEHOLDERS The following are the key stakeholders in the oilfield biocides and bio-based solvents:
End- Users
Raw Material Producers
Suppliers & Distributors
R & D Institutions
Regulatory Institutions
Manufacturers
2. EXECUTIVE SUMMARY The growth of microbial organisms in oilfield is a major concern for which industry spends huge amounts on the effects of microbial growth. Biocides are the chemical agents that kill the microorganisms and prevent and/or control the effects of microorganisms. These biocides are of two types, namely: oxidizing and non-oxidizing biocides. Bio solvents are those which can be used as corrosion inhibitors or wetting agents in oilfield applications such as drilling, production, completion and so on. Gluteraldehyde is an important non-oxidizing biocide which is widely used in the applications of oilfield; whereas, chlorine is the most used oxidizing biocide because of its low cost and corrosive nature against the microorganisms. As per IndustryARC analysis, the global oilfield biocides and bio solvents markets revenue are valued at $535.8m and $137.7m, respectively as of 2014, and are estimated to grow at a CAGR of 3.6% and 4.2% till 2020. Oilfield biocides and bio solvents have a wide range of applications in oilfield such as drilling, production, completion, hydraulic fracturing, and packer fluids and so on. The majorly used biocides are non-oxidizing biocides and bio- solvents are hydrocarbons and alcohols. North America is the leading producer and consumer of biocides and bio solvents and also has the highest market share in the global market. This is due to its high shale production where these chemicals are used mostly used in hydraulic fracturing application. In North America, U.S. is the major country in terms of high market volume and revenue for the oilfield biocides and bio solvents. The APAC and RoW are relatively small when compared to the North America in terms of oilfield biocides and bio-solvents market; however they are growing rapidly as well as with high CAGR. With respect to the global market, North America holds 55.6% of the entire oilfield biocide market. In Europe, the regulatory bodies like Environmental Protection Agency are promoting biosolvents for their eco-friendly nature and less harmlessness towards human life. These regulations are one of the driving factors for the bio solvents market. The oilfield bio-solvents market in Europe is projected to grow with a CAGR of 4.2% during the forecast 2015-2020 next after the North American region to reach $175.2m by 2020. In this report, the market has been segmented by geography as North America, Europe, APAC and RoW. Market sizes and forecasts are provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving as well as restraining the growth of the biocides and bio solvents market, along with future opportunities are provided in the report.
GLOBAL OILFIELD BIOCIDES AND BIO-SOLVENTS MARKET REVENUE, BY PARTICULAR, 2014-2020 ($M) Particular
2014
2015
2016
2017
2018
2019
2020
BIOCIDES
535.8
552.9
571.0
590.5
611.3
633.6
658.3
CAGR% (20152020) 3.6%
BIO-SOLVENTS
137.7
142.7
148.1
153.9
160.3
167.4
175.2
4.2%
Source: Expert Insights and IndustryARC Analysis
Increase in oil and gas production from crude and shale resources is driving the demand for the oilfield biocides and bio-solvents in the key applications like production and hydraulic fracturing. The global oil field biocides market was estimated to be $535.8m in 2014 and is calculated to reach $658.3m by 2020 with a CAGR of 3.6% during the forecast period 2015-2020. The biosolvents market was estimated to have global market revenue of $137.7m in 2014 and is calculated to grow with a CAGR of 4.2% during the forecast period to reach $175.2m by 2020.
GLOBAL OILFIELD BIOCIDES AND BIO-SOLVENTS MARKET VOLUME, BY PARTICULAR, 2014-2020 (KT) Particular
2014
2015
2016
2017
2018
2019
2020
CAGR% (20152020)
BIOCIDES
254.6
264.7
274.6
285.3
296.6
308.9
322.0
4.0%
BIO-SOLVENTS
65.9
68.9
72.3
75.9
79.9
84.2
89.1
5.3%
Source: Expert Insights and IndustryARC Analysis
Biocides, used to destroy the microorganisms in oilfields prevent huge expenses which oilfield industry spends due to microbial growth. The global biocide market volume was estimated to be 254.6 KT in 2014 and is calculated to grow with a CAGR of 4.0% during the forecast period 2015-2020 to reach 322.0 KT by 2020. Bio-solvents which is used to control corrosion in oilfield had a global oilfield market volume of 65.9 KT in 2014 and is forecast to reach 89.1 KT by 2020 with a CAGR of 5.3% during the forecast period.
GLOBAL OILFIELD BIOCIDE AND BIO- SOLVENTS MARKET REVENUE SHARE, BY TYPE, 2014 (%)
Bio-Solvents
Biocides
3.3% 3.6%
8.5% Glutaraldehyde
6.0%
Chlorine
45.2%
10.5%
THPS Quaternary Ammonium Peracetic Acid
12.8%
DBNPA Others
6.4% 7.3%
Hydrocarbons Alcohols
7.1%
Glycols 7.8%
Esters 68.0%
Ethers
Other Solvents
13.4%
Source: Expert Insights and IndustryARC Analysis
In global oilfield biocides market, glutaraldehyde has a highest share around 45.2% in 2014 due to its wide range of applications in drilling, production and hydraulic fracturing in oilfields. The next highest market revenue share was for chlorine biocide with 13.5% in global oilfield biocides market. Oilfield DBNPA and peracetic acid biocides hadlesser market share of 3.6% and 6.0%, respectively. In global oilfield bio-solvents, hydrocarbons and alcohols had a market share of 68.0% and 7.8% respectively in 2014; whereas ethers and other solvents had a less market of 6.4% and 3.3% respectively. This global oilfield biocides and bio-solvents market report identifies many insights and M&A opportunities, besides providing a detailed analysis of the types and applications of biocides and bio-solvents. The report is built; based on the types of biocides and their properties, estimated dosage, number of oilfields, fracking trends and average selling price (ASP) of each chemical. The report also includes the recent facts and trends for each segment of the oilfield biocides and bio-solvents market.
4. MARKET FORCES DRIVING FACTORS GROWING DEMAND FOR OIL AND GAS PRODUCTS FROM END USERS Increased demand for the oil and gas end products such as solvents, electric blankets, fertilizers, plastic wood, and adhesives and so on is ultimately resulting in increasing demand for oil and gas extractions. In the oilfield industry, there are processes like upstream and downstream which involves stages like drilling, production, completion and so on wherein the oil or gas has to undergo several processes such as transfer, storage for longer periods and so on. Microbial growth is one of the major problems faced by the oilfield industry and it uses biocides to control the same. Microbial growth in wells, pipelines, drilling mud and so on results in huge expenses and loss to the oilfield industries. Solvents are used to protect against corrosion and for the cleaning of the mechanical parts used in the oilfield. Thus, the demand for oil and gas based products leads to demand for the usage of biocides and bio based solvents. GOVERNMENT REGULATIONS FOR ECO FRIENDLY BIO BASED PRODUCTS The traditional solvents used from years in oilfield and in other main applications of solvents are the synthetic products. Synthetic materials used to prepare biocides and solvents result in harming the health of the humans and the environment. Disinfectants, insect repellents, industrial chemicals like anti fouling paints for ships and materials and so on are called biocides and since these exhibit their intrinsic properties that are harmful to the living beings when exposed to them. Natural biocides can be derived from plants and bacteria and has less effect on environment with no or less VOC. Traditional solvents emit volatile organic compounds (VOC) which are harmful to human beings and also to the environment by releasing the toxics. Government is concentrating on alternative products like bio based solvents which have less or no VOC. These are derived from fruits, seeds and so on. Government bodies like European Chemicals Agency (ECHA), European Solvents Industry Group have regulations to promote less harmful biocides and bio based solvents so that they have less impact on the environment. The rules and regulations have been mandatory for the manufacturers of these products. Hence, this is a good indication for the growth of this market.
6.1.2. OXIDIZING BIOCIDES Oxidizing biocides are the chemical agents capable of destroying unwanted microorganisms used in wide range of applications processes like commercial cleaning, hygiene and industrial process. In industrial processes, it is used in stages like drilling, packer fluids. Oxidizing Biocides are used in rare cases, when microbial growth in oilfield is too high and non-oxidizing chemical agents are unable to control the growth. Oxidizing biocides are further categorized into chlorine, peracetic acid, chloroisocyanurates, hypochlorite, bromine, ozone and so on. Oxidizing biocides are the fast killing biocides when compared to the non-oxidizing biocides and are more reactive but less persistent. These are used less in global oilfields when compared with non-oxidizing biocides. This is because of their flammable and toxic nature which can lead to dangerous effects when they are not properly used in oilfields. Oxidizing biocides are extremely corrosive with microorganisms even with the minimum use levels of 1ppm or less. Companies like BASF, Dow and Dupont and others are the manufacturers of oxidizing biocides for oilfields. Besides the highly corrosive nature of the oxidizers, these are expected to have a wide usage in oilfield, especially in fracking application.
GLOBAL OILFIELD OXIDIZING BIOCIDES MARKET REVENUE, BY REGION, 2014-2020 ($M) By Region
2014
2015
2016
2017
2018
2019
2020
CAGR% (20152020)
North America Europe APAC RoW Total
70.52 23.48 19.31 12.51 125.82
73.20 23.66 19.62 13.36 129.84
75.27 23.62 19.71 14.13 132.73
77.45 23.59 19.80 15.00 135.85
79.71 23.57 19.91 15.99 139.18
82.09 23.55 20.03 17.12 142.79
84.22 24.00 20.07 18.34 146.62
2.8% 0.3% 0.5% 6.5% 2.5%
Source: IndustryARC analysis and Expert Insights Note: The values in the above table are considered in two decimal points to understand the trends of this niche market In 2014, North America was the major region contributed around 56.0% market revenue to the global oilfield oxidizing biocide market. The next major region is Europe contributed around 18.7% share in global oilfield oxidizing biocide market revenue of 2014. RoW is the fast growing region in oilfield oxidizing biocides with a CAGR of 6.5% during the forecast period 2015-2020. The next fast growing region is estimated to be North America with a CAGR of 2.8% during the forecast period and is calculated to reach $84.22m by 2020.
GLOBAL OILFIELD OXIDIZING BIOCIDES MARKET VOLUME, BY REGION, 2014-2020 (KT) By Region
2014
2015
2016
2017
2018
2019
2020
CAGR% (20152020)
North America Europe APAC RoW Total
56.4 18.8 15.2 9.9 100.3
58.9 19.1 15.6 10.7 104.2
61.0 19.2 15.7 11.4 107.2
63.1 19.3 15.9 12.1 110.4
65.4 19.4 16.1 13.0 113.9
67.8 19.5 16.3 14.0 117.6
70.0 20.0 16.4 15.1 121.5
3.5% 0.9% 1.1% 7.2% 3.1%
Source: IndustryARC analysis and Expert Insights Oilfield Oxidizing Biocides market in North America was estimated to be 56.4 KT in 2014 and is projected to reach 70.0 KT by 2020 with a CAGR of 3.5% during the forecast period 2015-2020. The European held the second position in terms of oilfield oxidizing biocides market volume with 18.8 KT in 2014 and is forecast to grow with CAGR of 0.9% during the forecast period to reach 20.0 KT by 2020. Oilfield Oxidizing Biocides market volume in RoW was estimated to be 9.9 KT in 2014 but it is projected to grow at a high CAGR of 7.2% during the forecast period when compared with other regions.
10.8. DOW CHEMICAL CO. 2030 Dow Center Midland, MI 48674 U.S. Tel: +1 989-636-1000 Fax: +1 989-832-1556 Website: www.dow.com
BUSINESS OVERVIEW Dow Chemical Co. was founded in 1897, headquartered in Michigan, U.S. Over the year of its establishment, it has expanded its presence in approximately 180 countries and serving its clients with innovative technology based products and solutions. Dow has a diversified business portfolio such as electronic & functional material, coating and infrastructural solutions, agricultural sciences, performance material, performance plastics, feedstock and energy. Each segment offers a broad range of products. Among these, performance material segment includes Amines, chlorinated organics, automotive systems, formulated system, oil, gas & mining, plastics additives, epoxy, oxygenated solvents, surfactants, biocides, and so on. Dow Chemical has approximately 53,000 employees worldwide as of 2013. The company manufactures more than 6,000 products in different premises across 36 countries. In 2013, the company reported annual global sales over $57 billion. Key competitors of Dow Chemical are GE Corporation (U.S.), Oasys Water (U.S.), PennWell Corporation (U.S.) and Koch Membrane System (U.S.).
3.1.3. FINANCIALS DOW CHEMICAL: TOTAL REVENUE, BY OPERATING SEGMENTS, 2013 (%)
Performance Materials 8.1% 12.6%
23.6%
Performance Plastics Feedstocks and Energy Agricultural Sciences
12.6%
25.8% 17.4%
Coatings and Infrastructure Solutions Electronic and Functional Materials
Source: Annual Report 2013, Company Website
The Performance materials solution segment accounted for 23.6% of the sales of Dow Chemical in 2013. This segment generated sales of $13.5 billion. Net revenue for 2013 was $57.1 billion, which was 1% up from $56.8 billion in 2012. Sales increased in all the regions, expect Europe, Middle East and Africa. Sales fell by 5% in EMAE in 2013 as compared to the previous year.
DOW: TOTAL REVENUE, BY GEOGRAPHY ($BN) Region
2013
2012
U.S.
18,712
18,391
EMEA
18,244
19,185
RoW
20,124
19,210
Total
57,080
56,786
Source: Annual Report 2013, Company Website
The company expanded its sales in RoW where the revenue grew at 4.8% in 2013 as compared to 2012, whereas sales have declined in EMEA. The overall revenue has grown at 0.5% from 2012 to 2013 and generated $57,080 billion in 2013.
PRODUCTS Dow Chemical is known for its performance materials and chemicals integrated and driven by new technology and solutions which helps to support low cost manufacturing base, reliable and uniform supply of raw materials to end users.
DOW: MAJOR PRODUCTS AND ITS APPLICATIONS Product Category
Product Name
Oxygenated Isopropyl Acetate Solvents
Application
Helps in cleaning fluids during production process in oil and gas industry.
Methyl Isobutyl Carbinol
It is a highly soluble solvent which is used as a chemical intermediate to maintain temperature in oilfields.
N-PENTANOL
Acts as a corrosion inhibitor in production process in oil and gas industry.
Primary Amyl Acetate
It is a chemical intermediate used for mining process in oil and gas industry.
UCAR™ N-PROPYL Propionate
Acts as a cleaning agent in drilling and completion operation in oil and gas industry.
Isopropanol
Acts as a disinfectant and cleaning agent in oil and gas industry.
Isopropyl Acetate
Acts as cleaning fluid with fruity odor in oil and gas industry
Methyl Isobutyl Carbinol
It is colorless soluble substance helps to reduce viscosity and improvise flow and leveling in oil and gas industry.
UCAR™ ESTER EEP
It is slow evaporating ether – ester solvent which helps to sustain in high temperature in production process and high electric resistant in oil and gas industry.
UCAR™ Filmer IBT
It helps in industrial coating and hydrolytic stability in oil and gas industry.
UCAR™ N-BUTYL Propionate
It is moderately a fast evaporating solvent which helps in reducing viscosity and improves the solvent diffusion from coating in oil and gas industry.
UCAR™ N-PENTYL Propionate
It is a slow evaporating solvent which helps in controlling high boiling
point while construction process and having good transfer ability in it. It is usually preferred in oil and gas industry. BUTOXYTRIGLYCOL
Biocides
It is a highly versatile product offering low viscosity and excellent solvency and act as a cleaning agent in oil and gas industry.
AQUCAR Helps to remove micro714/742/BP10/BP30/GA18/GA24/GA30/IG50/PS28/PS75 organism and algae and act as corrosion inhibitor in oil and gas production process. KATHONCP1400/400
Helps to prevent growth of bacteria, fungi, algae in variety of water treatment in oil and gas industry.
Source: Company Website, Press Releases
STRATEGY Dow Chemical is a leading organization in the chemical industry. The company believes in market driven strategy that is to come up with innovation and to cope up with the changing environment and get a sustainable advantage over its competitors. As a part of its innovative strategy, the company has launched new type of resins, HYPERTHERM 2399, which is very convenient to use and plans to launch more products in the near future. The company is also making various strategic alliances with other companies to increase its strength in the chemical industry. New products development seems to be the main strategy of the company and is investing huge amounts in R&D and has been actively participating in partnership activities as well. Hence, the company is expected to maintain its profitability in the coming years.
DEVELOPMENTS Date
Approach
Description
February, 2015
Acquisition
Vertellus Specialty Inc. acquires Dow chemical’s sodium borohydride business.
January, 2015
Partnership
Dow chemical’s make a partnership with American Chemical Society to improve the quality of chemistry education throughout the nation.
January, 2015
Joint Venture
Ford joins his hands with Dowaksa to develop new manufacturing process for carbon fiber.
January, 2015
Product Launch
‘HYPERTHERM 2399 Resin’, is useful for the installer to bend the water pipes at turning joints, also minimizes the risk of breakages at joints.
September, 2014
Joint Product
Consumer electronics giant Haier has developed a new eco-friendly washing machine jointly with Dow Water & Process Solutions, which is enabled with DOW PURINZE UF module. This machine reduces 30% water consumption.
June, 2014
Product Launch
Dow came up with a new range of RO membrane, DOW FILMTEC SEAMAXX. These new membranes help the desalination system to minimize pressure and energy consumption.
August, 2013
Investment
Dow Chemical Co. invested $1 billion in two new plants in Louisiana.
Development
Source: Company Website, Press Releases
11.3 RESEARCH METHODOLOGY The quantitative and qualitative data collected for the oilfield biocides and bio-solvents market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or managers of leading oil-field biocides and bio–solvents providers. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key development and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by products, services and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the oilfield biocides and bio - based solvents market. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of the oilfield biocides and bio - based solvents market.
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