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Oilfield Chemicals Market

Market Insights on Oilfield Chemicals covering sales outlook, demand forecast & up-to-date key trends

Oilfield Chemicals Market By Product Type (Inhibitors, Lubricants, De-Emulsifiers, Viscosfiers, Gas Well Foamers, Biocides, H2S Scavengers), Terrain Type (Onshore, Offshore) & Region - Forecast 2022 - 2029

Oilfield Chemicals Market Overview

[265 pages Report] The global oilfield chemicals market is estimated to top US$ 27,383 Mn by 2022-end. Increasing applications across diverse oilfield operations such as production, drilling, well stimulation, enhanced oil recovery, cementing, and hydraulic fracturing is propelling the demand for oilfield chemicals in the market.

Attribute

Details

Oilfield Chemicals Market Estimated Size in 2022

US$ 27,383 Mn

Oilfield Chemicals Market Projected Size in 2029

US$ 36,533 Mn

Oilfield Chemicals Market Historical CAGR (2014-2021)

3.6%

Oilfield Chemicals Market Value-based CAGR (2022-2029)

4.2%

FMI, in its latest report, states that the sales in the global oilfield chemicals market are expected to rise at a CAGR of 4.2% over the forecast period 2022-2029. Surging demand for oilfield chemicals for extraction, processing, and transportation of crude oil is anticipated to facilitate the growth in the market.

As per FMI, North America is projected to emerge as the most remunerative oilfield chemicals market, accounting for nearly 49.1% of the total sales in 2022.

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How The Market Progressed Till June 2022?

Market Statistics

Details

H1,2021 (A)

4.0%

H1,2022 Projected (P)

3.9%

H1,2022 Outlook (O)

 3.7%

BPS Change : H1,2022 (O) - H1,2022 (P)

(-) 20 ↓

BPS Change : H1,2022 (O) - H1,2021 (A)

(-) 30 ↓

An insightful and detailed comparison and analysis of the global oilfield chemicals market has been provided by Future Market Insights in its latest half-yearly study. The study presents data regarding a change in the sales growth rate of oilfield chemicals for 2022 with an actual growth rate of 2021 and a projected growth rate of 2022.

As per the analysis, the variation between the BPS values observed in the oilfield chemicals market in H1, 2022 - Outlook over H1, 2022 Projected reflects a decline of 20 units. Also, when compared to H1, 2021, the market is expected to show a downfall of 30 BPS in H1 -2022.

Impact in the supply of crude oil owing to ongoing Russia and Ukraine conflict has resulted in the decline in market growth outlook, along with this exploration of various alternatives is also a reason behind this sluggish growth of the market. Renewable sources of energy over conventional sources are trending in the market in various regions owing to the target to achieve net zero emission is also impacting the growth outlook of the market.

Moreover, various favorable policies ruled by regional governments to promote renewable sources of energy over conventional ones played a key role in suppressing the demand for oilfield chemicals during the assessment period.

However, despite of rapid shift of consumers towards renewable sources of energy, a huge consumer base still rely on conventional sources of energy. To cater to the demand from such a vast consumer base, need for exploration of oilfields is growing. With the exploration of new oilfields or increase in production of existing oilfields, demand for oilfield chemicals is expected to witness substantial growth over the forecast period.

2014-2021 Oilfield Chemicals Market Outlook in Comparison to 2022-2029 Growth Forecast

Demand for oilfield chemicals grew at 3.6% CAGR over the past assessment period 2014-2021, as per Future Market Insights. The oilfield market is projected to expand by 1.4x through 2029.

Oilfield chemicals are chemical components used in oil & gas extraction operations to improve the productivity and efficiency of the oil drilling process to reduce the formation of metal scales and decline water quantity into oil wells during exploration and drilling activities.

Oilfield Chemicals Market Download Report Brochure

Hence, growing oil production activities across the U.S, China, India, and Russia is estimated to augment the growth in the market. Driven by this, the sales of oilfield chemicals are estimated to rise at 4.2% CAGR during the forecast period 2022-2029.

Increasing applications of inhibitors and de-emulsifiers for operations such as removal of residues, mitigation of micro-organisms growth, and separation of water & oil in the oil refineries are further favoring the growth in the market.

Increasing Oil & Gas Exploration Activities to Create Immense Growth Prospects in the Oilfield Chemicals Market

Governments in several countries are increasingly investing in oil & gas exploration activities to increase crude oil production and address the demand for fuels such as petroleum and diesel.

For instance, according to the India Brand Equity Foundation, the Indian Government announced investing US$ 2.86 billion to double the production of oil & gas by drilling more than 120 exploration wells in 2022.

As specialty oilfield chemicals are extensively used in exploration and drilling activities, a multiplicity of such initiatives is estimated to create high revenue generative opportunities in the market.

Also, discovery of new oil & natural gas reserves across the globe is driving the market. For instance, the U.S. Government announced the discovery of new oil reserves in Texas, North Dakota, and New Mexico with barrels capacity of 3.5 billion, 0.7 billion, and 1.1 billion respectively, in 2019, as per the U.S. Energy Information Administration. Such developments are estimated to further propel the demand for oilfield chemicals over the coming years.

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Country-wise Analysis

Why is India Considered as a Highly Lucrative Oilfield Chemicals Market?

“Favorable Government Initiatives to Bolster the Sales of Oilfield Production Chemicals in India”

The Government in the country is undertaking numerous initiatives for expanding the oil & gas refining infrastructure to increase the productivity. For instance, the Ministry of Petroleum & Natural Gas in India announced approving US$ 3.8 billion for Numaligarh Refinery Expansion Project to expand its refining capacity from 3 mmtpa to 9 mmtpa.

As oilfield production chemicals play a vital role in refining crude oil to produce its derivatives such as petroleum, diesel, kerosene, and others, these initiatives in the country will favor the growth in the market.

Increasing sales of oilfield chemicals in India is estimated to assist Asia Pacific market to hold around 27% of the overall value share by 2022.

What are the Factors Spurring the Oilfield Chemicals Sale in GCC Countries?

“Discovery on New Oil Reserves in GCC Countries to Multiply Oilfield Stimulation Chemicals Sales”

GCC countries such as Saudi Arabia, the UAE, Iraq, and Kuwait account for a significant share of oil & natural gas reserves across the globe, making them high lucrative markets for oilfield chemicals.

Also, discovery of new crude oil reserves in aforementioned countries is further propelling the demand for associated chemicals. For instance, Bahrain announced the discovery of new oil deposits near its west coast with reserves of nearly 80 billion barrels of tight oil in 2018.

Hence, increasing use of oilfield stimulation chemicals to assist the free flow of hydrocarbon for the oil reserves and aid in operations such as wetting, emulsification, and compatibilization from new oil deposits is projected to favor the growth in the market. 

Why is Sales of Oilfield Chemicals Accelerating in the U.S.?

“Growing Production of Crude Oil to Fuel the Demand for Specialty Oilfield Chemicals in the U.S.”

Future Market Insights estimates that the U.S. will dominate the oilfield chemical market in North America.

With increasing demand for energy sources as petroleum, liquefied petroleum gas (LPG), and diesel, a significant rise in production of crude oil is registered in the U.S. For instance, according to a report by the Energy Information Administration, the production of crude oil across the U.S. increased 12.7% in 2019 in comparison to 2018.

In addition, growing consumption of specialty oilfield chemicals to improve and enhance the crude oil productivity from oil wells is anticipated to propel the demand in the market. This is projected to assist North America market to account for 49.1% of the total sales in 2022.

Category-wise Insights

Why is the Inhibitor Segment Account for the Dominant Share in the Oilfield Chemicals Market?

“Increasing Emphasis on Preventing Scaling During Oilfield Operation to Augment the Sales of Scale Inhibitors”

As per FMI, the inhibitors segment is expected to dominate the global oilfield chemicals market through 2029. Growing usage of scale inhibitors to retard or prevent the accumulation of insoluble crystals and metal scale build-up during the oil processing operation is propelling the demand in the segment.

Besides this, the de-emulsifier segment is projected to register steady growth in the market between 2022 and 2029, states FMI. Increasing de-emulsifier applications across onshore and offshore oil production activities for the separation of oil emulsion and water is boosting the sales in the segment.

Which Application Hold the Largest Revenue Share in the Oilfield Chemicals Market?

“Growing Oil Well Drilling Activities Worldwide to Bolster the Sales of Oilfield Surfactant Chemicals”

With surging demand for oil derivatives such as petroleum, diesel, and others, numerous countries across the globe are increasingly undertaking oil well drilling activities for exploration of new oil & gas deposits.

As oilfield surfactant chemicals are extensively used to lower the surface tension between fluids and solids during drilling & completion operations, increasing oil well drilling operations will propel the demand in the segment. On account of this, the drilling & completion segment is projected to account for the largest share in the global market.

Why is the Offshore Segment to Register the Fastest Growth in the Market?

“Increasing Offshore Oil & Gas Production Activities Create Growth Prospects for Specialty Oilfield Chemicals”

On the basis of terrain type, the global oilfield chemicals market is segmented into onshore and offshore. As per FMI, the offshore segment is expected to exhibit the fastest growth in the market over the assessment period.

Rising government investment in increasing offshore oil & gas production and exploration activities across the U.S., China, India, Saudi Arabia, and others is favoring the growth in the segment. Also, increasing use of specialty oilfield chemicals such as biocides and corrosion inhibitors to ensure the smooth operation in harsh environmental conditions is accelerating the sales in the segment.

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Competitive Landscape

Leading companies are aiming at developing new and upgraded products to cater to the evolving energy consumer demand and comply with the regulatory frameworks. Some of the manufacturers are focusing capacity expansion and new facility development to increase the production capacity. For instance,

  • In June 2018, the Baker Hughes, a leading oilfield services companies based in the U.S., announced re-launching its oil & gas technology center in Oklahoma City, the U.S. in order to expand its productivity and enhance its product innovation and commercialization.

Scope of the Report

Attribute

Details

Forecast Period

2022-2029

Historical Data Available for

2014-2021

Market Analysis

US$ Mn for Value

Key Regions Covered

North America, Latin America, Europe, Asia Pacific, Middle East & Africa

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa

Key Segments Covered

Product Type, Application, Terrain Type, and Region

Key Companies Profiled

  • Albemarle Corporation
  • Akzo Nobel N.V.
  • DowDuPont Inc.
  • Baker Hughes, a GE Company LLC
  • Halliburton Co.
  • BASF SE
  • Flotek Industries, Inc.
  • Ashland Inc.
  • Schlumberger Limited
  • Solvay SA
  • Clariant AG
  • GEO Drilling Fluids, Inc.
  • Innospec Incorporated
  • Chevron Phillips Chemical Company LLC.

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Oilfield Chemicals Market by Category

By Product Type :

  • Inhibitors
    • Scale Inhibitors
    • Corrosion Inhibitors
    • Paraffin Inhibitors
  • Lubricants
  • De-Emulsifiers
  • Viscosfiers
  • Gas Well Foamers
  • Biocides
  • H2S Scavengers
  • Others

By Application :

  • Drilling & Completion
  • Cementing Chemicals
  • Stimulation Chemicals
  • Oil Production Chemicals
  • Enhanced Oil recovery Chemicals

By Terrain Type :

  • Onshore
  • Offshore

Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Frequently Asked Questions

The oilfield chemicals market is expected to surpass a valuation of US$ 26,292.3 Mn in 2021

The oilfield chemicals market will experienced steady growth, exhibiting a 4.2% CAGR between 2022 and 2029.

North America currently leads the global oilfield chemicals market holding more than 49.1% of the total market share.

Asia Pacific oilfield chemicals market will hold a significant share accounting for nearly 27% of the revenue share in 2022.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Definition 

3. Key Market Trends

    3.1. Key Trends Impacting the Market

4. Global Oilfield Chemicals Market Consumption (Tons) Analysis

    4.1. Historical Market Volume Analysis

    4.2. Current and Future Market Volume Projections

    4.3. Y-o-Y Growth Trend Analysis

5. Pricing Analysis

    5.1. Regional Pricing Analysis By Product Type

    5.2. Pricing Break-up

        5.2.1. Manufacturer Level Pricing

6. Global Oilfield Chemicals Market Consumption (Market Size US$ Mn) Analysis

    6.1. Historical Market Value (US$ Mn) Analysis

    6.2. Current and Future Market Value (US$ Mn) Projections

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Supply – Demand and Trade Analysis

8. Market Context 

    8.1. Manufacturing Process Overview

    8.2. Macro-Economic Factors

        8.2.1. GDP Outlook

        8.2.2. Petrochemical Industry Growth

    8.3. Forecast Factors – Relevance & Impact

    8.4. Value Chain

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

9. Global Oilfield Chemicals Market Analysis By Product Type

    9.1. Introduction

        9.1.1. Market Value Share Analysis By Product Type

        9.1.2. Y-o-Y Growth Analysis By Product Type

    9.2. Historical Market Size and Volume Analysis By Product Type 2014-2021

    9.3. Market Size and Volume Forecast By Product Type 2022–2029

        9.3.1. Inhibitors

            9.3.1.1. Scale Inhibitors

            9.3.1.2. Corrosion Inhibitors

            9.3.1.3. Paraffin Inhibitors

        9.3.2. Lubricants

        9.3.3. De- Emulsifiers

        9.3.4. Viscosfiers

        9.3.5. Gas Well Foamers

        9.3.6. Biocides

        9.3.7. H2S Scavengers

        9.3.8. Others

    9.4. Market Attractiveness Analysis By Product Type

10. Global Oilfield Chemicals Market Analysis By Application

    10.1. Introduction

        10.1.1. Market Value Share Analysis By Application

        10.1.2. Y-o-Y Growth Analysis By Application

    10.2. Historical Market Size and Volume Analysis By Application 2014-2021

    10.3. Market Size and Volume Forecast By Application 2022–2029

        10.3.1. Drilling & Completion

        10.3.2. Cementing Chemicals

        10.3.3. Stimulation Chemicals

        10.3.4. Oil Production Chemicals

        10.3.5. Enhanced Oil recovery Chemicals

    10.4. Market Attractiveness Analysis By Application

11. Global Oilfield Chemicals Market Analysis By Terrain Type

    11.1. Introduction

        11.1.1. Market Value Share Analysis By Terrain Type

        11.1.2. Y-o-Y Growth Analysis By Terrain Type

    11.2. Historical Market Size and Volume Analysis By Terrain Type 2014-2021

    11.3. Market Size and Volume Forecast By Terrain Type 2022–2029

        11.3.1. Onshore

        11.3.2. Offshore

    11.4. Market Attractiveness Analysis By Terrain Type

12. Global Oilfield Chemicals Market Analysis By Region

    12.1. Introduction

        12.1.1. Market Value Share Analysis By Region

        12.1.2. Y-o-Y Growth Analysis By Region

    12.2. Historical Market Size and Volume Analysis By Region 2014-2021

    12.3. Market Size and Volume Forecast By Region 2022–2029

        12.3.1. North America

        12.3.2. Europe

        12.3.3. MEA

        12.3.4. Asia

        12.3.5. Latin America

    12.4. Market Attractiveness Analysis By Region

13. North America Oilfield Chemicals Market Analysis

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size and Volume Analysis By Market Segments, 2014-2021

    13.4. Market Size and Volume Forecast By Market Segments, 2022–2029

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Product Type

        13.4.3. By Application

        13.4.4. By Terrain Type

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By Application

        13.5.4. By Terrain Type

14. Latin America Oilfield Chemicals Market Analysis

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size and Volume Analysis By Market Segments, 2014-2021

    14.4. Market Size and Volume Forecast By Market Segments, 2022–2029

        14.4.1. By Country

            14.4.1.1. Argentina

            14.4.1.2. Chile

            14.4.1.3. Brazil

            14.4.1.4. Mexico

            14.4.1.5. Rest of Latin America

        14.4.2. By Product Type

        14.4.3. By Application

        14.4.4. By Terrain Type

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product Type

        14.5.3. By Application

        14.5.4. By Terrain Type

15. Europe Oilfield Chemicals Market Analysis

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size and Volume Analysis By Market Segments, 2014-2021

    15.4. Market Size and Volume Forecast By Market Segments, 2022–2029

        15.4.1. By Country

            15.4.1.1. Norway & Denmark

            15.4.1.2. U.K.

            15.4.1.3. Germany

            15.4.1.4. France

            15.4.1.5. Russia

            15.4.1.6. Romania

            15.4.1.7. CIS Countries

            15.4.1.8. Rest of Europe

        15.4.2. By Product Type

        15.4.3. By Application

        15.4.4. By Terrain Type

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product Type

        15.5.3. By Application

        15.5.4. By Terrain Type

16. Asia Oilfield Chemicals Market Analysis

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size and Volume Analysis By Market Segments, 2014-2021

    16.4. Market Size and Volume Forecast By Market Segments, 2022–2029

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. India

            16.4.1.3. Indonesia

            16.4.1.4. Thailand

            16.4.1.5. Malaysia & Brunei

            16.4.1.6. Myanmar

            16.4.1.7. Australia

            16.4.1.8. South Asia

        16.4.2. By Product Type

        16.4.3. By Application

        16.4.4. By Terrain Type

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product Type

        16.5.3. By Application

        16.5.4. By Terrain Type

17. Middle East and Africa (MEA) Oilfield Chemicals Market Analysis

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size and Volume Analysis By Market Segments, 2014-2021

    17.4. Market Size and Volume Forecast By Market Segments, 2022–2029

        17.4.1. By Country

            17.4.1.1. Libya & Algeria

            17.4.1.2. Egypt

            17.4.1.3. GCC

            17.4.1.4. Turkey

            17.4.1.5. Nigeria

            17.4.1.6. Rest of MEA

        17.4.2. By Product Type

        17.4.3. By Application

        17.4.4. By Terrain Type

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product Type

        17.5.3. By Application

        17.5.4. By Terrain Type

    17.6. Market Trends

    17.7. Key Market Participants – Intensity Mapping

    17.8. Drivers and Restraints – Impact Analysis

18. Emerging Countries Analysis

    18.1. Introduction

        18.1.1. Market Proportion Analysis 

        18.1.2. Global Vs. Country Growth Comparison

    18.2. China Market Analysis

        18.2.1. PEST Analysis

        18.2.2. Market Proportion Analysis By Market Taxonomy

        18.2.3. U.S. Market Volume (Units) Analysis By Market Taxonomy

            18.2.3.1. By Product Type

            18.2.3.2. By Application

            18.2.3.3. By Terrain Type 

        18.2.4. U.S. Market Value (US$ Mn) Analysis By Market Taxonomy

            18.2.4.1. By Product Type

            18.2.4.2. By Application

            18.2.4.3. By Terrain Type

        18.2.5. Trade Analysis (Export Share to the World)

    18.3. Indonesia Market Analysis

        18.3.1. PEST Analysis

        18.3.2. Market Proportion Analysis By Market Taxonomy

        18.3.3. Indonesia Market Volume (Units) Analysis By Market Taxonomy

            18.3.3.1. By Product Type

            18.3.3.2. By Application

            18.3.3.3. By Terrain Type 

        18.3.4. Indonesia Market Value (US$ Mn) Analysis By Market Taxonomy

            18.3.4.1. By Product Type

            18.3.4.2. By Application

            18.3.4.3. By Terrain Type 

    18.4. Brazil Market Analysis

        18.4.1. PEST Analysis

        18.4.2. Market Proportion Analysis By Market Taxonomy

        18.4.3. Brazil Market Volume (Units) Analysis By Market Taxonomy

            18.4.3.1. By Product Type

            18.4.3.2. By Application

            18.4.3.3. By Terrain Type 

        18.4.4. Brazil Market Value (US$ Mn) Analysis By Market Taxonomy

            18.4.4.1. By Product Type

            18.4.4.2. By Application

            18.4.4.3. By Terrain Type 

19. Market Structure Analysis

    19.1. Tier Structure Analysis

    19.2. Market Concentration

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Pricing Analysis By Competition

    20.3. Competition Benchmarking

    20.4. Gross Margin Analysis By Competition

    20.5. Competition Developments

    20.6. Competition Deep Dive 

        20.6.1. Solvay SA

            20.6.1.1. Overview

            20.6.1.2. Product Portfolio

            20.6.1.3. Production Footprint

            20.6.1.4. Sales Footprint

            20.6.1.5. Strategy

                20.6.1.5.1. Marketing Strategy

                20.6.1.5.2. Product Strategy

                20.6.1.5.3. Channel Strategy

        20.6.2. Baker Hughes Incorporated

            20.6.2.1. Overview

            20.6.2.2. Product Portfolio

            20.6.2.3. Production Footprint

            20.6.2.4. Sales Footprint

            20.6.2.5. Strategy

                20.6.2.5.1. Marketing Strategy

                20.6.2.5.2. Product Strategy

                20.6.2.5.3. Channel Strategy

        20.6.3. BASF SE

            20.6.3.1. Overview

            20.6.3.2. Product Portfolio

            20.6.3.3. Production Footprint

            20.6.3.4. Sales Footprint

            20.6.3.5. Strategy

                20.6.3.5.1. Marketing Strategy

                20.6.3.5.2. Product Strategy

                20.6.3.5.3. Channel Strategy

        20.6.4. Flotek Industries Inc.

            20.6.4.1. Overview

            20.6.4.2. Product Portfolio

            20.6.4.3. Production Footprint

            20.6.4.4. Sales Footprint

            20.6.4.5. Strategy

                20.6.4.5.1. Marketing Strategy

                20.6.4.5.2. Product Strategy

                20.6.4.5.3. Channel Strategy

        20.6.5. Halliburton

            20.6.5.1. Overview

            20.6.5.2. Product Portfolio

            20.6.5.3. Production Footprint

            20.6.5.4. Sales Footprint

            20.6.5.5. Strategy

                20.6.5.5.1. Marketing Strategy

                20.6.5.5.2. Product Strategy

                20.6.5.5.3. Channel Strategy

        20.6.6. Schlumberger Limited

            20.6.6.1. Overview

            20.6.6.2. Product Portfolio

            20.6.6.3. Production Footprint

            20.6.6.4. Sales Footprint

            20.6.6.5. Strategy

                20.6.6.5.1. Marketing Strategy

                20.6.6.5.2. Product Strategy

                20.6.6.5.3. Channel Strategy   

        20.6.7. Akzo Nobel NV

            20.6.7.1. Overview

            20.6.7.2. Product Portfolio

            20.6.7.3. Production Footprint

            20.6.7.4. Sales Footprint

            20.6.7.5. Strategy

                20.6.7.5.1. Marketing Strategy

                20.6.7.5.2. Product Strategy

                20.6.7.5.3. Channel Strategy   

        20.6.8. Clariant AG

            20.6.8.1. Overview

            20.6.8.2. Product Portfolio

            20.6.8.3. Production Footprint

            20.6.8.4. Sales Footprint

            20.6.8.5. Strategy

                20.6.8.5.1. Marketing Strategy

                20.6.8.5.2. Product Strategy

                20.6.8.5.3. Channel Strategy   

        20.6.9. DowDupont Inc.

            20.6.9.1. Overview

            20.6.9.2. Product Portfolio

            20.6.9.3. Production Footprint

            20.6.9.4. Sales Footprint

            20.6.9.5. Strategy

                20.6.9.5.1. Marketing Strategy

                20.6.9.5.2. Product Strategy

                20.6.9.5.3. Channel Strategy   

        20.6.10. Chevron Phillips Chemical Company

            20.6.10.1. Overview

            20.6.10.2. Product Portfolio

            20.6.10.3. Production Footprint

            20.6.10.4. Sales Footprint

            20.6.10.5. Strategy

                20.6.10.5.1. Marketing Strategy

                20.6.10.5.2. Product Strategy

                20.6.10.5.3. Channel Strategy   

        20.6.11. Ashland Incorporated

            20.6.11.1. Overview

            20.6.11.2. Product Portfolio

            20.6.11.3. Production Footprint

            20.6.11.4. Sales Footprint

            20.6.11.5. Strategy

                20.6.11.5.1. Marketing Strategy

                20.6.11.5.2. Product Strategy

                20.6.11.5.3. Channel Strategy   

        20.6.12. GEO Drilling Fluids Incorporated

            20.6.12.1. Overview

            20.6.12.2. Product Portfolio

            20.6.12.3. Production Footprint

            20.6.12.4. Sales Footprint

            20.6.12.5. Strategy

                20.6.12.5.1. Marketing Strategy

                20.6.12.5.2. Product Strategy

                20.6.12.5.3. Channel Strategy   

        20.6.13. Innospec Incorporated.

            20.6.13.1. Overview

            20.6.13.2. Product Portfolio

            20.6.13.3. Production Footprint

            20.6.13.4. Sales Footprint

            20.6.13.5. Strategy

                20.6.13.5.1. Marketing Strategy

                20.6.13.5.2. Product Strategy

                20.6.13.5.3. Channel Strategy   

        20.6.14. Albemarle Corporation

            20.6.14.1. Overview

            20.6.14.2. Product Portfolio

            20.6.14.3. Production Footprint

            20.6.14.4. Sales Footprint

            20.6.14.5. Strategy

                20.6.14.5.1. Marketing Strategy

                20.6.14.5.2. Product Strategy

                20.6.14.5.3. Channel Strategy   

21. Research Methodology

22. Assumption & Acronyms

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List of Tables

Table 01: Global Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 02: Global Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 03: Global Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 04: Global Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 05: Global Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Region, 2014–2029

Table 06: North America Oilfield Chemicals Volume (KTs) Forecast by Country, 2014–2029

Table 07: North America Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 08: North America Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 09: North America Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 10: North America Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 11: Latin America Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Country, 2014–2029

Table 12: Latin America Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 13: Latin America Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 14: Latin America Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 15: Latin America Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 16: Europe Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Country, 2014–2029

Table 17: Europe Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 18: Europe Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 19: Europe Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 20: Europe Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 21: Asia Pacific Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Country, 2014–2029

Table 22: Asia Pacific Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 23: Asia Pacific Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 24: Asia Pacific Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 25: Asia Pacific Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 26: Middle East & Africa Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Country, 2014–2029

Table 27: Middle East & Africa Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 28: Middle East & Africa Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 29: Middle East & Africa Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 30: Middle East & Africa Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 31: Indonesia Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 32: Indonesia Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 33: Indonesia Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 34: Indonesia Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 35: China Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 36: China Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 37: China Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 38: China Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

Table 39: Brazil Oilfield Chemicals Volume (KTs) Forecast by Product Type, 2014–2029

Table 40: Brazil Oilfield Chemicals Market Value ( US$ Mn ) Forecast by Product Type, 2014–2029

Table 41: Brazil Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Application, 2014–2029

Table 42: Brazil Oilfield Chemicals Volume (KTs) and Value (US$ Mn) Forecast by Terrain Type, 2014–2029

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List of Charts

Figure 01: Global Historical Market Size (Mn US$) and Volume (KTs) Analysis, 2014 – 2021

Figure 02: Global Oilfield Chemicals Current and Future Market Size (Mn US$ ) and Volume (KTs) Analysis, 2022–2029 

Figure 03: Global Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 04: Global Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 05: Global Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 06: Global Oilfield Chemicals Market Absolute $ Opportunity by Inhibitors Segment, 2022–2029

Figure 07: Global Oilfield Chemicals Market Absolute $ Opportunity by Lubricants Segment, 2022–2029

Figure 08: Global Oilfield Chemicals Market Absolute $ Opportunity by De-Emulsifiers Segment, 2022–2029

Figure 09: Global Oilfield Chemicals Market Absolute $ Opportunity by Viscosifiers Segment, 2022–2029

Figure 10: Global Oilfield Chemicals Market Absolute $ Opportunity by Gas Well Foamers Segment, 2022–2029

Figure 11: Global Oilfield Chemicals Market Absolute $ Opportunity by Biocides Segment, 2022–2029

Figure 12: Global Oilfield Chemicals Market Absolute $ Opportunity by H2S Scavengers Segment, 2022–2029

Figure 13: Global Oilfield Chemicals Market Absolute $ Opportunity by Others Segment, 2022–2029

Figure 14: Global Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 15: Global Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 16: Global Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 17: Global Oilfield Chemicals Market Absolute $ Opportunity by Drilling & Completion Segment, 2022–2029

Figure 18: Global Oilfield Chemicals Market Absolute $ Opportunity by Cementing Chemicals Segment, 2022–2029

Figure 19: Global Oilfield Chemicals Market Absolute $ Opportunity by Stimulation Chemicals Segment, 2022–2029

Figure 20: Global Oilfield Chemicals Market Absolute $ Opportunity by Oil Production Chemicals Segment, 2022–2029

Figure 21: Global Oilfield Chemicals Market Absolute $ Opportunity by Enhanced Oil Recovery Chemicals Segment, 2022–2029

Figure 22: Global Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 23: Global Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 24: Global Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 25: Global Oilfield Chemicals Market Absolute $ Opportunity by Onshore Segment, 2022–2029

Figure 26: Global Oilfield Chemicals Market Absolute $ Opportunity by Offshore Segment, 2022–2029

Figure 27: Global Oilfield Chemicals Market BPS Analysis by Region– 2022 & 2029

Figure 28: Global Oilfield Chemicals Market Y-o-Y Growth Comparison by Region, 2021–2029

Figure 29: Global Oilfield Chemicals Market Attractiveness Index by Region, 2022–2029

Figure 30: North America Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 31: Latin America Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 32: Europe Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 33: Asia Pacific Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 34: Middle East & Africa Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 35: North America Oilfield Chemicals Market BPS Analysis by Country – 2022 & 2029

Figure 36: North America Oilfield Chemicals Market Y-o-Y Growth Comparison by Country, 2021–2029

Figure 37: North America Oilfield Chemicals Market Attractiveness Index by Country, 2022–2029

Figure 38: U.S. Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 39: Canada Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 40: North America Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 41: North America Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 42: North America Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 43: North America Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 44: North America Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 45: North America Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 46: North America Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 47: North America Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 48: North America Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 49: Latin America Oilfield Chemicals Market BPS Analysis by Country – 2022 & 2029

Figure 50: Latin America Oilfield Chemicals Market Y-o-Y Growth Comparison by Country, 2021–2029

Figure 51: Latin America Oilfield Chemicals Market Attractiveness Index by Country, 2022–2029

Figure 52: Argentina Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 53: Chile Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 54: Brazil Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 55: Mexico Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 56: Rest of Latin America Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 57: Latin America Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 58: Latin America Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 59: Latin America Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 60: Latin America Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 61: Latin America Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 62: Latin America Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 63: Latin America Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 64: Latin America Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 65: Latin America Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 66: Europe Oilfield Chemicals Market BPS Analysis by Country – 2022 & 2029

Figure 67: Europe Oilfield Chemicals Market Y-o-Y Growth Comparison by Country, 2021–2029

Figure 68: Europe Oilfield Chemicals Market Attractiveness Index by Country, 2022–2029

Figure 69: Norway & Denmark Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 70: U.K. Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 71: Germany Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 72: France Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 73: Russia Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 74: Romania Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 75: CIS Countries Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 76: Rest of Europe Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 77: Europe Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 78: Europe Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 79: Europe Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 80: Europe Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 81: Europe Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 82: Europe Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 83: Europe Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 84: Europe Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 85: Europe Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 86: Asia Pacific Oilfield Chemicals Market BPS Analysis by Country – 2022 & 2029

Figure 87: Asia Pacific Oilfield Chemicals Market Y-o-Y Growth Comparison by Country, 2021–2029

Figure 88: Asia Pacific Oilfield Chemicals Market Attractiveness Index by Country, 2022–2029

Figure 89: China Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 90: India Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 91: China  Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 92: Thailand  Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 93: Malaysia & Brunei Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 94: Myanmar Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 95: Australia Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 96: Rest of Asia Pacific Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 97: Asia Pacific Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 98: Asia Pacific Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 99: Asia Pacific Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 100: Asia Pacific Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 101: Asia Pacific Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 102: Asia Pacific Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 103: Asia Pacific Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 104: Asia Pacific Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 105: Asia Pacific Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 106: Middle East & Africa Oilfield Chemicals Market BPS Analysis by Country – 2022 & 2029

Figure 107: Middle East & Africa Oilfield Chemicals Market Y-o-Y Growth Comparison by Country, 2021–2029

Figure 108: Middle East & Africa Oilfield Chemicals Market Attractiveness Index by Country, 2022–2029

Figure 109: Libya & Algeria  Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 110: Egypt Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 111: GCC  Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 112: Turkey Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 113: Nigeria  Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 114: Rest of MEA Oilfield Chemicals Market Absolute $ Opportunity, 2022–2029

Figure 115: Middle East & Africa Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 116: Middle East & Africa Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 117: Middle East & Africa Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 118: Middle East & Africa Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 119: Middle East & Africa Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 120: Middle East & Africa Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 121: Middle East & Africa Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 122: Middle East & Africa Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 123: Middle East & Africa Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 124: Indonesia Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 125: Indonesia Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 126: Indonesia Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 127: Indonesia Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 128: Indonesia Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 129: Indonesia Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 130: Indonesia Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 131: Indonesia Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 132: Indonesia Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 133: China Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 134: China Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 135: China Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 136: China Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 137: China Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 138: China Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 139: China Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 140: China Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 141: China Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

Figure 142: Brazil Oilfield Chemicals Market BPS Analysis by Product Type – 2022 & 2029

Figure 143: Brazil Oilfield Chemicals Market Y-o-Y Growth Comparison by Product Type, 2021–2029

Figure 144: Brazil Oilfield Chemicals Market Attractiveness Index by Product Type, 2022–2029

Figure 145: Brazil Oilfield Chemicals Market BPS Analysis by Application – 2022 & 2029

Figure 146: Brazil Oilfield Chemicals Market Y-o-Y Growth Comparison by Application, 2021–2029

Figure 147: Brazil Oilfield Chemicals Market Attractiveness Index by Application, 2022–2029

Figure 148: Brazil Oilfield Chemicals Market BPS Analysis by Terrain Type – 2022 & 2029

Figure 149: Brazil Oilfield Chemicals Market Y-o-Y Growth Comparison by Terrain Type, 2021–2029

Figure 150: Brazil Oilfield Chemicals Market Attractiveness Index by Terrain Type, 2022–2029

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