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The future of the oilfield chemical market looks promising with opportunities in the drilling and cementing, enhanced oil recovery, production chemicals, well stimulation, and workover and completion market. The global oilfield chemical market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market are increasing oil drilling activities and growing demand for petroleum based fuel in the transportation sector.
 
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of oilfield chemicals market report download the report brochure.


 


 
 
 
The study includes trends and forecasts for the global oilfield chemicals market by chemical type, application, location and region as follows:

By Chemical Type [$M shipment analysis for 2014 – 2025]:
  • Biocides
  • Corrosion & Scale Inhibitors
  • Demulsifiers
  • Rheology Modifiers
  • Friction Reducers
  • Surfactants
  • Polymers
  • Gellants & Viscosifiers
  • Other 

By Application [$M shipment analysis for 2014 – 2025]:
  • Drilling and Cementing 
  • Enhanced Oil Recovery
  • Production Chemicals
  • Well Stimulation
  • Workover & Completion 
  • Others

By Location [$M shipment analysis for 2014 – 2025]:
  • Onshore 
  • Offshore

By Region [$M shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
 
Some of the oilfield chemicals companies profiled in this report include Halliburton, Schlumberger Limited, Baker Hughes Company, Ecolab (NALCO Champion), BASF, Lubrizol Corporation, Albemarle Corporation, and Solvay.

Lucintel forecasts that demulsifier oilfield chemical is expected to witness the highest growth over the forecast period  as separation of water and oil from the crude water-oil emulsion.

Within the oilfield chemical market, drilling and cementing will remain the largest application segment during the forecast period due to rising deep water drilling activities.

North America will remain the largest region during the forecast period due to increasing shale gas production and exploration activities in the region.






 
Features of Oilfield chemicals Market
 
  • Market Size Estimates: Oilfield chemicals market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
  • Segmentation Analysis: Market size by chemical type, application, and location
  • Regional Analysis: Oilfield chemicals market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different chemical type, application, and location, and regions for oilfield chemicals market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the oilfield chemicals market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.




 
This report answers following 11 key questions
 
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global oilfield chemical market by chemical type (biocides, corrosion and scale inhibitors, demulsifiers, rheology modifiers, friction reducers, surfactants, polymers, gellants and viscosifiers, and other), application (drilling and cementing, enhanced oil recovery, production chemicals, well stimulation, and workover & completion, and others), location (onshore and offshore), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the oilfield chemical market?
Q.5 What are the business risks and threats to the oilfield chemical market?
Q.6 What are the emerging trends in the oilfield chemical market and the reasons behind them?
Q.7 What are some changing demands of customers in the oilfield chemical market?
Q.8 What are the new developments in the oilfield chemical market? Which companies are leading these developments?
Q.9 Who are the major players in the oilfield chemical market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the oilfield chemical market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the oilfield chemical market?
 

Table of Content
 
1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Oilfield Chemical Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Oilfield Chemical Market By Chemical Type
3.3.1: Biocides
3.3.2: Corrosion and Scale Inhibitors
3.3.3: Demulsifiers
3.3.4: Rheology Modifiers
3.3.5: Friction Reducers
3.3.6: Surfactants
3.3.7: Polymers
3.3.8: Gellants and Viscosifiers
3.3.9: Other 
3.4: Global Oilfield Chemical Market by Application
3.4.1: Drilling and Cementing
3.4.2: Enhanced Oil Recovery
3.4.3: Production Chemicals
3.4.4: Well Stimulation
3.4.5: Workover and Completion
3.4.6: Others 
3.5: Global Oilfield Chemical Market by Location
3.5.1: Onshore 
3.5.2: Offshore 

4. Market Trends and Forecast Analysis by Region from 2014 to 2025
4.1: Global Oilfield Chemical Market by Region
4.2: North American Oilfield Chemical Market
4.2.1: Market by Chemical Type
4.2.2: Market by Application
4.2.3: Market by Location
4.2.4: The US Oilfield Chemical Market
4.2.5: The Canadian Oilfield Chemical Market
4.2.6: The Mexican Oilfield Chemical Market
4.3: European Oilfield Chemical Market
4.3.1: Market by Chemical Type
4.3.2: Market by Application
4.3.3: Market by Location
4.3.4: German Oilfield Chemical Market
4.3.5: United Kingdom Oilfield Chemical Market
4.3.6: French Oilfield Chemical Market
4.3.7: Italian Oilfield Chemical Market
4.4: APAC Oilfield Chemical Market
4.4.1: Market by Chemical Type
4.4.2: Market by Application
4.4.3: Market by Location
4.4.4: Chinese Oilfield Chemical Market
4.4.5: Japanese Oilfield Chemical Market
4.4.6: Indian Oilfield Chemical Market
4.4.7: South Korean Oilfield Chemical Market
4.5: ROW Oilfield Chemical Market
4.5.1: Market by Chemical Type
4.5.2: Market by Application
4.5.3: Market by Location

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Oilfield Chemical Market by Chemical Type
6.1.2: Growth Opportunities for the Global Oilfield Chemical Market by Application
6.1.3: Growth Opportunities for the Global Oilfield Chemical Market by Location
6.1.4: Growth Opportunities for the Global Oilfield Chemical Market by Region 
6.2: Emerging Trends in the Global Oilfield chemical Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Oilfield Chemicals Market
6.3.3: Technology Development
6.3.4: Mergers and Acquisitions in the Global Oilfield Chemicals Industry

7. Company Profiles of Leading Players
7.1: Halliburton
7.2: Schlumberger Limited
7.3: Baker Hughes Company 
7.4: Ecolab 
7.5: BASF
7.6: Lubrizol Corporation
7.7: Albemarle Corporation
7.8: Solvay
 
.

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Full Report: Oilfield Chemical Market: Trends, Forecast and Competitive Analysis Full Report $ 4,850
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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