Crude Oil Flow Improvers Market Expected to Reach $1,920 Million, Brief Analysis on Top Key players: Halliburton Company, Baker Hughes, Nalco Champion, BASF SE, Schlumberger, Clariant, Dorf Ketal, Lubrizol Specialty Products, Inc., Infineum, and Evonik In

Increase in global crude oil production and rise in demand for crude oil flow improvers from the developing markets, such as Middle East and Africa, are the major drivers for global crude oil flow improver market.

Crude Oil Flow Improvers Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global crude oil flow improver market was valued at $1,282 million in 2016, and is estimated to reach $1,920 million by 2023, registering a CAGR of 5.7% from 2017 to 2023. In 2016, the extraction segment accounted for more than one-third share of the total market.

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Crude oil flow improvers act as additives for crude oil that enhances the properties of crude oil during all the extraction stages to maximize the production. It enables the transportation of crude oil over a long distance with controlled viscosity of heavy crude oil, without affecting the quality or state. Crude oil is specifically extracted in remote locations; hence, it is essential to transport extracted oil to appropriate destinations. Transportation of crude oil through pipeline is the most preferred way however, it is relatively difficult due to high viscosity of heavy crude oil. Flow improvers are widely employed to maintain viscosity, reduce the turbulence, and increase the flow rate inside the pipelines. In addition, it increases pipeline throughput and flow capacity of oil, thus decreasing transportation time.

Rise in hydraulic fracturing is further expected to increase the demand for crude oil flow improvers. However, steady decline in crude oil prices and environmental concerns are expected to hamper the market growth in the near future. The production of crude oil flow improvers from renewable resources is expected to provide a substantial growth opportunity in the near future.

Paraffin inhibitor was the leading segment in 2016, and is expected to dominate the market during the forecast period, owing to minimization or prevention of paraffin deposition. Paraffin compounds in crude oil can damage the formation, plug production, and transport equipment. In addition, it causes poor flowability or leads to flow-restricting deposits.

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In 2016, North America dominated the global market, owing to the increase in adoption of non-traditional oil extraction techniques such as hydraulic fracturing and horizontal drilling. It increases the crude oil production, in turn augment the need for flow improvers to reduce viscosity of oil to move freely through pipes. U.S. dominated the North America crude oil flow improver market in 2016, followed by Canada. LAMEA is the second leading geographical segment, which is expected to register a CAGR of 6.3% from 2017 to 2023.

The key companies profiled in the report include Halliburton Company, Baker Hughes, Nalco Champion, BASF SE, Schlumberger, Clariant, Dorf Ketal, Lubrizol Specialty Products, Inc., Infineum, and Evonik Industries.

Table of Content:

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tool & model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. KEY PLAYER POSITIONING, 2016 (%)
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in worldwide crude oil production
3.5.1.2. Rise in hydraulic fracturing activities
3.5.1.3. Increase in demand for crude oil flow improvers in Middle East and Africa

3.5.2. Restraints

3.5.2.1. Crude oil price fluctuations
3.5.2.2. Increase in environmental concerns

3.5.3. Opportunities

3.5.3.1. Production of crude oil flow improvers from renewable resources

Chapter: 4. GLOBAL CRUDE OIL FLOW IMPROVER MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market size and forecast

4.2. PARAFFIN INHIBITORS

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. ASPHALTENE INHIBITORS

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. SCALE INHIBITORS

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.5. HYDRATE INHIBITORS

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast

Chapter: 5. GLOBAL CRUDE OIL FLOW IMPROVER MARKET, BY APPLICATION

5.1. INTRODUCTION

5.1.1. Market size and forecast

5.2. EXTRACTION

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. PIPELINE

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. REFINERY

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

Chapter: 6. GLOBAL CRUDE OIL FLOW IMPROVER MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast by type

6.2.4. Canada

6.2.4.1. Market size and forecast by type

6.2.5. Mexico

6.2.5.1. Market size and forecast by type

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. UK

6.3.3.1. Market size and forecast by type

6.3.4. Germany

6.3.4.1. Market size and forecast by type

6.3.5. France

6.3.5.1. Market size and forecast by type

6.3.6. Denmark

6.3.6.1. Market size and forecast by type

6.3.7. Italy

6.3.7.1. Market size and forecast by type

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast by type

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
6.4.3. China

6.4.3.1. Market size and forecast by type

6.4.4. India

6.4.4.1. Market size and forecast by type

6.4.5. Japan

6.4.5.1. Market size and forecast by type

6.4.6. South Korea

6.4.6.1. Market size and forecast by type

6.4.7. Australia

6.4.7.1. Market size and forecast by type

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast by type

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast by type

6.5.4. Argentina

6.5.4.1. Market size and forecast by type

6.5.5. Saudi Arabia

6.5.5.1. Market size and forecast by type

6.5.6. Rest of LAMEA

6.5.6.1. Market size and forecast by type

Chapter: 7. COMPANY PROFILES

7.1. HALLIBURTON COMPANY

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments

7.2. BAKER HUGHES

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments

7.3. NALCO CHAMPION

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments

7.4. BASF SE

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments

7.5. SCHLUMBERGER

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. CLARIANT

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments

7.7. DORF KETAL

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves and developments

7.8. LUBRIZOL SPECIALTY PRODUCTS, INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments

7.9. INFINEUM

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves and developments

7.10. EVONIK INDUSTRIES

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves and developments

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