Press release
Oilfield Process Chemicals Market research to Gain a Stronghold by 2020
PMR
Oilfield process chemicals are used in exploration and various extraction stages such as surfactant flooding and caustic flooding at oil and gas refineries or reservoirs. Oilfield process chemicals are used in separating gas from oil or separating oil from gas. Further Oilfield process chemicals control corrosion, fluid loss, waxes, bacteria, hydrogen sulfide and foam. It is also responsible for removal of water vapor, acid gas separation, and heavy hydrocarbon separation from the gases.
Based on the application the major product categories of oilfield process chemicals include, stimulation fluids, drilling, workover, completion, cementing, production, and enhanced oil recovery chemicals. Drilling chemicals holds the largest market share in 2013.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/3081
Based on chemical characteristics the global market for oilfield process chemicals can be broadly categories as biocides, demulsifiers, corrosion and scale inhibitors, pour point depressants, advanced polymers, surfactants and others. Demulsifier holds the largest market share in 2013. Demulsifiers are special surface active agents comprising relatively high molecular weight of polymers. When they are added to the oil, they tend to migrate to the oil–water interface and break the stabilizing film present in crude oil.
The demand for oilfield process chemicals is influenced by numerous factors. The energy requirement of developing countries such as India, China, and Brazil, are continuously increasing owing to improving living standards of consumers in these regions. Crude oil and natural gas are crucial to the energy supply chain and plays an important role in overall economy development of a region. In recent years, several developing nations are stepping towards self-reliability in oil and gas by investing in development of new onshore as well as offshore oil reserve.
Moreover production capacities of oil and gas refineries are increasing. This increase demand and production capacity of oil and gas leads to an increased market for oilfield process chemicals.
Download table of contents with figures & tables @ https://www.persistencemarketresearch.com/toc/3081
North America is the largest market for oilfield chemicals followed by Rest of the World (Middle East and Latin America) and Asia Pacific. The market for oilfield process chemicals in North America experiencing a double digit growth rate attributed to recent development of North America shale assets, oil sands, and Gulf of Mexico’s deepwater resources in this region. The oilfield process chemical is growing at moderate rate in Asia Pacific mainly led by the increase production capacity of China. Middle East and Latin America are two traditional markets for oilfield process chemicals where market is offering a lucrative growth owing to increasing production capacity of oil and gas processing plants in this region.
The major companies operating in global oilfield process chemical market include Baker Hughes, Inc., Ecolab, Inc., Halliburton Co., Schlumberger Ltd., Ashland, Inc., Gulf Coast Chemical LLC, BASF SE., Canadian Energy Services & Technology Corp., Chemex Inc., Chevron Corp., China National Petroleum Corp., Lamberti S.p.A., Sichem LLC, SMC Technologies, Inc., Stepan Co., Syrgis Performance Chemicals, The Dow Chemical Co., The Lubrizol Corp., Unitop Chemicals Pvt. Ltd.,Weatherford International, and Well Flow International LLC
Get Full Report Access @ https://www.persistencemarketresearch.com/market-research/oilfield-process-chemicals-market.asp
Contact us:
305 Broadway, 7th Floor
New York City, NY 10007
United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
About us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oilfield Process Chemicals Market research to Gain a Stronghold by 2020 here
News-ID: 1854464 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
