Title: Oilfield Biocides and Bio Solvents Market - Forecast(2022 - 2027)
1Oilfield Biocides and Bio Solvents Market
Forecast(2022 - 2027)Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2022 - 2027)
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- The Oilfield Biocides Market and the Bio-solvent
Market are important Markets global markets and
are estimated to be worth around 345.8 Million
and 126.2 Million respectively as of 2017and are
expected to grow with a CAGR of 5 and 4.6
respectively during the forecast period from 2018
to 2023. - The Market is fragmented by BASF and Dow
Chemicals where BASF has 23 of the global Market
share and Dow Chemicals has 41 of the global
market share. - The base year of the study is 2017, with forecast
done up to 2023.
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Key Takeaways
- These two are the key players in the whole
market. Region wise North America is the Market
leader for Oilfield Biocides and Bio-Solvents
followed by Europe then Asia and then the rest of
the world. - Growth driver for the biocide and bio-solvent
market in the Oil and Gas industry is the
increase in oil exploration, fracking and oil
recovery activities due to the increasing global
population and the increasing demand for fuels
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- By Distribution Channel- Segment Analysis
- One major challenge for the Biocide and
Bio-Solvent industry in Oilfields is the shift
from crude oil to other renewable sources for
various applications including fuel production
and the rising market for Oleochemicals replacing
the petrochemical demand. - This effects the Oilfield biocide and
bio-solvent Market adversely as the consumption
of crude oil reduces thus directly effecting the
demand for Biocides and Bio-Solvents in Oilfield
Operations adversely.
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- Oilfield Biocides and Bio Solvents Market
Outlook - Dow chemicals
- BASF
- Solvay
- Croda Chemicals
- Nanotera Group
- Stepan Company
- Nalco Champions
- Seatex Corp
- Ashburn Chemicals
- Pilot Chemicals
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Oilfield Biocides and Bio Solvents Market
Forecast (2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/1306
/oilfield-biocides-bio-solvents-market-analysis.ht
ml
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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