Production Chemicals Market by Type , by Oilfield Type , and Region - Global Trend & Forecast to 2020

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MarketsandMarkets Presents
Production Chemicals Market worth 6,173.5
Million by 2020
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roduction-chemicals-market-224156113.html
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The report Production Chemicals Market by Type
(Demulsifiers, Corrosion Inhibitors, Scale
Inhibitors, Asphaltene Inhibitors, Biocides,
Scavengers, Surfactants, and others), by Oilfield
Type (Onshore and Offshore), and Region - Global
Trend Forecast to 2020 defines and
segments the production chemicals  market with an
analysis and forecast for types, and applications
by volume as well as value. Browse 89 market
tables and 46 figures spread through 143 pages
and an in-depth TOC on Production Chemicals
Market Get The PDF Brochure For This Report
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id224156113 The production chemicals market
is projected to reach 6,173.5 Million by 2020 at
a CAGR of 5 to 6 during the same period.
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roduction-chemicals-market-224156113.html
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Scope of the report Global production
chemicals market is estimated at 4,452.0
Million in 2014 and projected to reach a market
size of 6,173.5 Million in 2020, registering a
CAGR of 5 to 6 during the same
period. Production chemicals are used in the
oilfield operations mainly to improve production
maintenance transport and eventually the
recovery from reserves. Increasing oil
production, extraction of oils from
technologically challenging hydrocarbon
geologies, and necessity of better extraction are
boosting interest in the market.  
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roduction-chemicals-market-224156113.html
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Industry Insights Global production chemicals
market is estimated at 4,452.0 Million in 2014
and projected to reach a market size of 6,173.5
Million in 2020, registering a CAGR of 5 to 6
during the same period. Production chemicals are
used in the oilfield operations mainly to improve
production maintenance transport and eventually
the recovery from reserves. Increasing oil
production, extraction of oils from
technologically challenging hydrocarbon
geologies, and necessity of better extraction are
boosting interest in the market. Request Sample
of the report https//www.marketsandmarkets.com/r
equestsample.asp?id224156113 This market is
driven by increasing production of crude oil,
growing drilling activities, and pursuing
development and production from
established/ageing Fields. The demand for
production chemicals is increasing in enhanced
oil recovery application as EOR activities are
rising globally to enhance crude oil production
from mature or declining reserves. The
Asia-Pacific region is estimated to be the
fastest-growing region as increasing number of
oilfields are being explored and turned over in
this region. Countries such as China, Malaysia,
Thailand, and Indonesia are registering a high
growth in the region.
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roduction-chemicals-market-224156113.html
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Industry Leaders   The manufacturers of
production chemicals mainly focus on mergers and
acquisitions to expand their product portfolio
for various applications as well as deepen their
market reach. The pending acquisition of Baker
Hughes by Halliburton is a major example of an
acquisition in this market. The acquisition of
Nalco Holdings (U.K.) and Champion Technologies
(U.K.) by Ecolab (U.K.) was another significant
example in this market. Expansion was also a
preferred strategy of the companies. Expansion
into growing markets such as Asia-Pacific,
Brazil, and the Middle East has been and will be
the key success for production chemicals
producers if they intend to increase their
overall sales and revenue. Geographical
Scenario   The Middle Eastern and African
region dominated the production chemicals market
in 2014, globally. The U.S., Saudi Arabia, Iran,
and Russia are the major countries with a huge
demand for production chemicals. Latin America is
projected to witness the highest growth rate of
6.9 between 2015 and 2020 for the market.
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roduction-chemicals-market-224156113.html
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