Global Oilfield Chemicals Market Booming at a CAGR of 6.39% 2026 with Top Key players like Akzo Nobel N.V., Albemarle Corporation, Zirax Limited, BASF SE, Kemira, Solvay, Ashland, Baker Hughes, a GE company LLC, CES Energy Solutions Corp., Clariant

Market Analysis: Global Oilfield Chemicals Market

Global Oilfield Chemicals Market is expected to register a substantial CAGR of 6.39% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the reduction in operations of oilfield drilling and oil extractions with the usage of these chemicals.

Due to high demand and the value of market research for the success of different sectors, Global Oilfield Chemicals Market report has been prepared by covering many work areas. This global market report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Global Oilfield Chemicals Market report covers strategies that mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market.

Ask for Sample PDF of Global Oilfield Chemicals Market Report at @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-oilfield-chemicals-market

Oilfield Chemicals Industry is a global supplier of amines, surfactants and other chemicals widely used in oilfield operations by formulators of finished oilfield products and major oilfield service companies.

Our products are used throughout the oil production process in a variety of applications: corrosion inhibitors, demulsifiers and paraffin dispersants, drilling additives, cementing super-plasticizers and repair systems for cementing failures.
We also offer an outstanding range of specialist technologies, world-scale manufacturing, a global distribution network and in-depth understanding of regulatory compliance issues for the oil and gas industry. Huntsman is a well-placed partner for choosing the right chemical solutions to your oilfield needs.

Key Market Competitors: Global Oilfield Chemicals Market

• Akzo Nobel N.V.
• Albemarle Corporation
• Zirax Limited
• BASF SE
• Kemira
• Solvay
• Ashland
• Baker Hughes, a GE company LLC
• CES Energy Solutions Corp.
• Clariant
• Chevron Phillips Chemical Company
• Flotek Industries, Inc.
• Halliburton
• Huntsman International LLC
• Innospec Oilfield Services
• Ecolab
• Schlumberger Limited
• Scomi Group Bhd
• Dow
• Stepan Company
• Diamoco Group
• EMEC
• Gumpro Drilling Fluids Pvt. Ltd.
• Chemiphase Ltd
• Jiaxing Midas Oilfield Chemical Mfg Co., Ltd
• Imperial Oilfield Chemicals Private Limited and AES Drilling Fluids.

Market Drivers:

• High demand for petroleum-based products, and a rise of petroleum as a fuel from the automotive industry is one of the major factors driving the growth of the market
• Increasing usage and demand for shale gas from the various industry verticals; this factor is expected to drive the growth of the market
• Rise in the levels of urbanization and population boom globally; the market is expected to be positively affected

Market Restraints:

• Growth in the adoption of clean and green energy sources; this factor is expected to restrain the growth of the market
• High costs associated with disposal of these chemicals amid concerns and presence of regulations regarding the usage of environmental-harming chemicals; this factor is expected to restrain the growth of the market

Segmentation: Global Oilfield Chemicals Market

By Type (Gellants & Viscosifiers, Biocides, Lubricants/Friction Reducers, Rheology Modifiers, Corrosion & Scale Inhibitors, Demulsifiers, Scavengers, Polymers, Fluid Loss Additives, Surfactants, Foamers, Pour Point Depressant, Others), Application (Upstream, Midstream, Downstream), Location (Onshore, Offshore), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Available Complete Report of this Research with TOC and List of Figures at: https://databridgemarketresearch.com/toc/?dbmr=global-oilfield-chemicals-market

Key Developments in the Market:

• In June 2018, Clariant announced that construction of their facilities situated in Clinton, Oklahoma, United States had been completed. The facility located in a strategic location is expected to meet the growing demand from the Mid-Continental region for oil and gas industry solutions. The facility provides analytical services and solutions designed to improve efficiency and operations of the oil and gas industry.

• In July 2017, Baker Hughes announced that they had agreed to be acquired by General Electric, merging it with its own oil and gas equipment and services. This acquisition will enhance the operations and servicing of General Electric for oilfield services. The newly formed organisation will be known as Baker Hughes, a GE company LLC and become the second largest provider of global oilfield services.

Competitive Analysis: Global Oilfield Chemicals Market

Global oilfield chemicals market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oilfield chemicals market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Points to focus in the report

1. What was the market size in 2016?
2. What are the moves of key players?
3. Which region is leading the market at global level?
4. A comprehensive/competitive analysis of the market?
5. Strategies of key players and product offerings

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