Biocides and Bio Solvents Market is rising with a CAGR of 5% and 4.6% respectively during 2018-2023.

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The Oilfield Biocides Market Bio Solvents
Market are estimated to hit 486.37 million and
198.45 million by 2023.
2
North America is dominating the both global
Oilfield Biocides Bio Solvents markets and were
estimated to register 160.9 million and 71.1
million, respectively in 2017 and expected to
reach 231.204 million and 129.66 million,
respectively by 2023. North America is the major
consumer and producer of oilfield biocides and
bio-solvents across the world. It is due to high
production of shale oil and gas activities in
North America.
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3
Selected Analysis Done in the Full Report
The biocides are prepared using different blends
and proportions of chemicals. The chemicals which
are used here are the raw materials for the
biocides. Chlorine Dioxide, Bromine, Peracetic
acid, Glutaraldehyde (glut), Quaternary ammonium
and so on, are used as the raw materials for
preparing biocides. These chemicals with
different proportions and blends result in
biocides which are used in oilfields to kill the
unwanted microorganisms at different instances
based on the drilling area and climatic
conditions.
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4
Excerpts on Market Growth Factors Mentioned in
the Full Report

• The growing shale gas initiatives and
  investments in China led to the demand for
  biocides, and also expect to grow in the near
  future which is the main driving factor for the
  market.
• Indispensable use of biocides for reducing
  microbial content in oilfields is acting like a
  key factor to drive the market growth.

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5
Key Players of the Oilfield Biocides and Bio
Solvents Market

• Dow Chemicals
• BASF
• Solvay SA
• AkzoNobel N.V.
• Nalco Holding
• And 15 more

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