Global Oil Field Chemicals Market Research Report - Forecast to 2022
Industry Survey, Growth, Competitive Landscap and Forecasts to 2022
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Oil Field Chemicals Market 2018 Oil Field Chemicals Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 Market Overview Oil & Gas industry is one of the major revenue generating industries which has pushed the market for exploration and production activities, where, oil field chemicals market is one of them. In other words, the growth in the Oil & Gas industry will create a positive impact on the market for global oil field chemicals. This market is majorly influenced by the increasing crude oil production. The current oil price dynamics is anticipated to affect the overall market growth as the declining crude oil price may offset the profit margins of the specialty oilfield chemicals manufacturers. Deepwater and unconventional reserves exploration requires specialized and sophisticated chemicals. With the current oil market scenario, formulating them will be an expensive task. Therefore, the market is projected to register a moderate CAGR ~5% during the forecast period. However, the sale of production chemicals is not expected to be as affected as chemicals used in drilling, stimulation, and other applications. Additionally, the Growing concerns pertaining to energy security makes it mandatory to optimize exploration and production of hydrocarbons. With an outstanding range of specialized technologies, this need of optimization can be achieved, which is acting as the primary driver of the market.
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Oil Field Chemicals Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Oil Field Chemicals Market Research Report- Forecast 2023” Competitive Analysis The market appears to be fairly stable as far as eyes can see however a fierce competition will resurge replacing the stability and prompting to the players operating in the market to take up M&A activities, collaboration, contracts, agreements, and partnerships to churn the market competition.Some of the key players in the Oil Field Chemicals market are BASF SE (Germany), Lubrizol Corporation (U.S.),AkzoNobel N.V. (Netherlands), The Dow Chemical Company (U.S.), Schlumberger, Halliburton (U.S.), Kemira Oyj (Finland) and Clariant (Switzerland) among others.
Regional Analysis of Oil Field Chemicals North America is the leading region for this market mainly due to the increased exploration activities in USA and Canada. The increasing exploration activities in this region have in turn resulted in an increase in the Oilfield Chemicals market. Although there exists political instability in the Middle East, this region is expected to register high growth rate in the forecast period due to increasing trend of deep water exploration and working in high temperatures which require much more expensive Oilfield Chemicals.
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Oil Field Chemicals Market 2018 Scope of the report Intended Audience •
Oil Field Chemicals manufacturing companies
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Oil Field Chemicals service providers
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Oil & Gas industry Consultants and Investment bankers
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Government as well as Independent Regulatory Authorities
Additional Information •
Regulatory Landscape
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Pricing Analysis
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Macroeconomic Indicators
Company Information •
Profiling of 10 key market players
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In-depth analysis including SWOT analysis, and strategy information of related to report title
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Competitive landscape including emerging trends adopted by major companies
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Oil Field Chemicals Market - 2018 Key Players Major Market Players • BASF SE (Germany), • Lubrizol Corporation (U.S.), • AkzoNobel N.V. (Netherlands), • The Dow Chemical Company (U.S.), • Schlumberger, • Halliburton (U.S.), • Kemira Oyj (Finland) • Clariant (Switzerland)
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