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Oilfield Chemicals Market - Global Industry Insights, Trends, Outlook

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Oilfield Chemicals Market report categorizes global market by Type of Oilfield Chemicals, and method of Application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024 – PowerPoint PPT presentation

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Title: Oilfield Chemicals Market - Global Industry Insights, Trends, Outlook


1
Oilfield Chemicals Market-Global Industry
Insights, Trends, Outlook, and Opportunity
Analysis, 2016-2024
2
REPORT DESCRIPTION
  • Oilfield chemicals find major application in the
    exploration of natural gas and at various levels
    of oil gas production process. Oilfield
    chemicals are used as corrosion inhibitors,
    emulsion breakers, cementing super plasticizers,
    paraffin dispersants, and drilling additives,
    among others. Oilfield chemicals market continues
    to witness strong growth as it has led to
    cost-effective extraction, exploration, and
    production of oil and natural gas. Oilfield
    chemicals are regarded as the essential fossil
    fuel elements as it helps in a feasible way of
    drilling reservoirs of gas or oil in various
    terrains along with the easy extraction of
    abundant fossil fuels until the amount of
    recovered fuel becomes too expensive to continue.
  • With the increase in dependency on oil gas
    industries, owing to increased domestic oil
    consumption, upsurge in vehicle parc, growing
    attention towards building deep sea oil reserves,
    increased usage of diesel for irrigation purposes
    due to the weather fluctuations and
    irregularities of monsoon along with rising air
    traffic are expected to fuel growth of the global
    oilfield chemicals market. Oilfield chemicals
    find major application in drilling activities,
    owing to increasing need to improve and enhance
    the efficiency and productivity of drilling
    operations. For instance, oilfield chemicals are
    highly used in ensuring protection of the
    drilling equipment and pipes from corrosion by
    segregating the oil and water from oil which
    usually blend together.
  •  

3
Oilfield Chemicals Market Taxonomy
  • By Type of Oilfield Chemicals
  • On the basis of type of agent, the global market
    is classified as
  • Specialty Surfactants
  • Demulsifiers
  • Rheology Modifiers
  • Inhibitors Scavengers
  • Friction Reducers
  • Gellants Viscosifiers
  • Specialty Biocides
  • Others

4
Market Segmentation
  • Most of the oil produced in oilfields has
    excessive amount of water, which blends in with
    oil which can lead to corrosion. With an aim to
    reduce corrosion of pipelines, oil is separated
    from water through the usage of demulsifiers.
    Pipeline corrosion in oilfield lead to
    inefficiency of the oil production. Therefore,
    corrosion inhibitors are used which work in
    reaction with corrosion agents such as oxygen to
    inactivate them. Demulsifiers and corrosion
    inhibitors are very essential in oilfields as
    they protect the drilling equipment, containers
    and pipelines from damages, leakages, and
    corrosions.
  • Request a sample pdf Copy of report_at_
    https//www.coherentmarketinsights.com/insight/req
    uest-sample/332

5
Key Strategies
  • Oilfield Chemicals Market Outlook - North America
    is expected to be the most lucrative region for
    key players
  • The regional coverage for global oilfield
    chemicals market include North America, Europe,
    Asia Pacific and Rest of the World. Rapid growth
    in the gas and oil production activities in North
    America represents the highest market share for
    oilfield chemicals industry. Exploration and
    production activity has surged 12 and as
    reported by The North Dakota Industrial
    Commission since OPEC's agreement, oil and gas
    operators will be shifting from running minimum
    number of rigs to incremental increases
    throughout 2017, so long as oil prices remain
    above US 50 per barrel.
  • Major players operating in the global oilfield
    chemical market include Baker Hughes, Akzo Nobel
    NV, Elementis Plc., NALCO Champion, Newpak
    Resources Inc., The Lubrizol Corporation,
    Halliburton Company, Solvay SA and others.

6
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
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transformational growth by helping them make
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7
ABOUT COHERENT MARKET INSIGHTS
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8
ABOUT COHERENT MARKET INSIGHTS
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9
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