The Global Oilfield Chemicals Market is likely to showcase a growth of around 3% during the forecast period. Oilfield chemicals play an important role across the upstream processes ranging from drilling to production and stimulation to workover.

Request for Sample of the report browse through https://univdatos.com/report/oilfield-chemicals-market/

Over the years, the demand for crude oil has increased significantly, from 21.4 million barrels/day in 1960 to around 91 million barrels/day in the middle of the last decade and is expected to surpass pre-pandemic levels reaching 101.6 million barrels/day by 2023. Therefore, to tackle the growing demand more exploration and production activities would be required which eventually result in more demand for demulsifiers, inhibitors, water clarifiers, biocides, and modifiers to name a few. Moreover, over the years, the world has exploited the oil reservoirs resulting in degradation in reservoirs as a result more advanced technologies are used for crude oil production. This, in turn, promotes the consumption of several oilfield chemicals which helps in maintaining the ideal conditions in the oil well.

For a detailed analysis of the market drivers in Advanced Driver-Assistance Systems Market browse through Request for Sample of the report browse through https://univdatos.com/report/oilfield-chemicals-market/

Some of the key players with a considerable market share in the global oilfield chemicals market include BASF SE, The Lubrizol Corporation, Dow Inc., Akzo Nobel N.V., Solvay S.A., Stephan Company, Schlumberger Limited, Halliburton Company, Clariant AG, and Baker Hughes Company. These companies are taking several strategic decisions to meet the growing demand and increase their market share. 

For a detailed analysis of the market drivers in Advanced Driver-Assistance Systems Market browse through Request for Sample of the report browse through https://univdatos.com/report/oilfield-chemicals-market/

Based on type, the market is categorized into demulsifiers, corrosion inhibitors, water clarifiers, biocides, scale inhibitors, H2S scavengers, paraffin inhibitors, gas well foamers, rheology modifiers, friction reducers, and others. Among these, demulsifiers accounted for a significant share of the global oilfield chemicals market. During the crude oil production process, oil and water are mixed with each other thereby creating an emulsion due to a number of factors. This creates an undesirable situation because, before crude oil refining, the oil needs to be water-free as much as possible. A large amount of oil is produced on daily basis, thus a large amount of demulsifiers are used to break the oil-water emulsion.

Based on application, the market is categorized into inhibitors, coagulants and flocculants, biocides & disinfectants, pH adjusters and stabilizers, anti-foaming agents, and others.

For a better understanding of the market adoption of Oilfield Chemicals, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America), Europe (Russia, Norway, UK, Italy, and Rest of Europe), Asia-Pacific (China, India, Indonesia, Rest of Asia-Pacific), Middle East & Africa (Saudi Arabia, UAE, Nigeria, and Rest of Middle East & Africa), and South America (Brazil, Argentina, and Rest of South America).

Request for Sample of the report browse through https://univdatos.com/report/oilfield-chemicals-market/

Top Company Profile

BASF SE

Dow Inc.  

Akzo Nobel N.V.

Solvay S.A.

Stepan Company

Schlumberger Limited

Halliburton Company

Clariant AG

Baker Hughes Company

The Lubrizol Corporation

Table of Content:-

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL OILFIELDS CHEMICALS MARKET COVID-19 IMPACT

6 GLOBAL OILFIELDS CHEMICALS MARKET REVENUE (USD MN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY PROCESS

10 MARKET INSIGHTS BY REGION

11 OILFIELDS CHEMICALS MARKET DYNAMICS

12 OILFIELDS CHEMICALS MARKET OPPORTUNITIES

13 OILFIELDS CHEMICALS MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY-SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER