Report Feature
The future of the specialty oilfield chemical market looks promising with opportunities in production, drilling and cementing, enhanced oil recovery, well stimulation, and workover and completion applications. The global specialty 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 specialty oilfield chemical market report download the report brochure.
The study includes trends and forecasts for the global specialty oilfield chemical market by chemical type, application, location and region as follows:
By Chemical Type [$M shipment analysis for 2014 – 2025]:
- Specialty Biocides
- Inhibitors & Scavengers
- Demulsifiers
- Rheology Modifiers
- Friction Reducers
- Specialty Surfactants
- Pour Point Depressant
- Others
By Application [$M shipment analysis for 2014 – 2025]:
- Drilling and Cementing
- Enhanced Oil Recovery
- Production l
- Well Stimulation
- Workover & Completion
- Others
By Location [$M shipment analysis for 2014 – 2025]:
- Onshore
- Offshore
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- United Kingdom
- France
- Italy
-
Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Demulsifier specialty oilfield chemical is expected to witness the highest growth, driven by separation of water and oil from the crude water-oil emulsion.
Production will remain the largest application segment during the forecast period due to aging and mature oil fields, heavy oil, and offshore oil.
North America will remain the largest region the forecast period due to increasing shale gas production and exploration activities in the region.
Some of the specialty oilfield chemical companies profiled in this report include Halliburton, Schlumberger Limited, Baker Hughes Company, Ecolab (NALCO Champion), BASF, Lubrizol Corporation, Albemarle Corporation, and Solvay
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Features of Specialty oilfield chemical Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global specialty oilfield chemical market by chemical type (specialty biocides, inhibitors & scavengers, demulsifiers, rheology modifiers, friction reducers, specialty surfactants, pour point depressant, and other), application (drilling and cementing, enhanced oil recovery, production, 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 specialty oilfield chemical market? Q.5 What are the business risks and threats to the specialty oilfield chemical market? Q.6 What are the emerging trends in the specialty oilfield chemical market and the reasons behind them? Q.7 What are some changing demands of customers in the specialty oilfield chemical market? Q.8 What are the new developments in the specialty oilfield chemical market? Which companies are leading these developments? Q.9 Who are the major players in the specialty 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 specialty 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 specialty oilfield chemical market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Specialty oilfield chemical Market
6.1.1 Growth Opportunities for the Global Specialty oilfield chemical Market by Chemical Type
6.1.2 Growth Opportunities for the Global Specialty oilfield chemical Market by Application
6.1.3 Growth Opportunities for the Global Specialty oilfield chemical Market by Location
6.1.4 Growth Opportunities for the Global Specialty oilfield chemical Market by Region
Methodology
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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