Global Oilfield Chemicals Market to reach USD 28.59 billion by 2025 :Top keyplayer are Akzo Nobel NV, Albemarle Corp, Ashland, Inc, BASF SE, Dow Chemical Company, Nalco Champion

Global Oilfield Chemicals Market valued approximately USD 20.37 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.33% over the forecast period 2018-2025. The Oilfield chemicals are the chemical components which are applied in oil & gas extraction operations. These are precisely utilized in well drilling & production facilities to boost the extraction operations through improving productivity and efficiency of the oil drilling process along with petroleum refining & to attain optimum performance with effective oil recovery. These chemicals enable the maintenance of the smooth operating oilfield that result in drop of expenses, over delays and stoppages during drilling processes on the global scenario.

The regional analysis of Global Oilfield Chemicals Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.

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The leading market players mainly include-
Akzo Nobel NV
Albemarle Corp
Ashland, Inc
BASF SE
Dow Chemical Company
Nalco Champion
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Biocides
Corrosion & Scale Inhibitors
Demulsifiers
Surfactants
Polymers
Gellants & Viscosifiers
Other Chemicals
By Application:

Drilling Fluids
Cementing
Enhanced Oil Recovery
Production Chemicals
Well Stimulation
Workover & Completion

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By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Oilfield Chemicals Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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