Sasol Limited, Lubrizol Corporation, BASF SE, Oxiteno USA LLC., Evonik Industries AG, Kao Corporation, Croda International PLC, Clariant AG, Solvay, 3M Company, Halliburton, Nouryon Holding B.V., Flotek Industries, Inc., Schlumberger Limited, Ethox Chemic

Oilfield surfactants markets are used for manufacturing dispersants that are further used to clean up oil spills. The product is quite effective for fresh and brackish water. From foamers application, oilfield surfactant market size will make gains of over 6% over the analysis period.

Cationic surfactants are the type of surfactants which come under the category of positively charged functional group. The positive charge gives them a range of unique properties making them fit for various oilfield applications. The cationic product segment is likely to showcase growth rate of more than 3% through 2026, due to increasing product demand during oilfield drilling.

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Top Companies
1. Sasol Limited
2. Lubrizol Corporation
3. BASF SE
4. Oxiteno USA LLC.
5. Evonik Industries AG
6. Kao Corporation
7. Croda International PLC
8. Clariant AG
9. Solvay
10. 3M Company
11. Halliburton
12. Nouryon Holding B.V.
13. Flotek Industries
14. Schlumberger Limited
15. Ethox Chemicals
16. LLC.
17. LIBRA SPECIALITY CHEMICALS LIMITED
18. The Dow Chemical Company
19. Ashland
20. Innospec
21. Pilot Chemical
22. Stepan Company and Baker Hughes

Regional Growth Drivers are

1. North America: Increasing shale oil production in the region will stimulate product demand
2. Europe: Rising number of oil & gas projects in Europe will stimulate product demand
3. Asia Pacific: Rising investments and government initiatives for oil & gas projects in the region to stimulate product demand
4. LATAM: Changes in national policies will foster oil & gas industry growth
5. Middle East & Africa: Increasing crude oil production in the region will stimulate product demand

Rising oilfield exploration activities and changing industry dynamics to increase dependency on alternative energy sources will positively favor oilfield surfactant businesses over the coming years. Europe is estimated to hold over 24% of total oilfield surfactants market share over 2020-2026, owing to active involvement of regional and global oil & gas firms in exploration drilling activities.

Oilfield surfactants markets are likely to experience high demand from applications such as sustainable oil extraction, production as well as exploration. Surfactant is a substance that reduces surface tension of a liquid or interfacial tension of two phase. They find wide range of application in chemical industry owing to their versatility. Surfactants are utilized in the manufacturing of household detergents, food items, pharmaceuticals and mud drilling in industries.

These surfactants are extensively utilized to increase fluid recovery after the fracturing process. The product aids in preventing downhole emulsions and enhances long-term production after fracturing. It also enables dealing with low permeability reservoirs or unfavorable gas-water surface tension conditions.

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Oilfield surfactant market products are bifurcated into silicon, amphoteric, anionic, cationic, non-ionic. Among these, the silicone product segment will register a steady 2 CAGR% over the coming years. Silicon surfactants segment will this growth rate as they are extensively used as super wetting or spreading agents. They find various agriculture applications including manufacturing of PGRs, fungicides, herbicides, and other applications where super-spreading and extra-wetting is required.

Emulsion breakers are gaining wide popularity for corrosion resistance use. The product prevents fouling and corrosion of equipment by breaking the oil. From emulsions breaker segment, oilfield surfactant industry will gain a notable growth through 2026.

Spacers play a major role by separating the drilling liquid and cement during the process of well drilling. In this process, there is potential for severe gelation or flocculation owing to the chemical incompatibility. However, utilization of spacers ease out the task. In 2019, spacers accounted for over 2% of the industry share and may witness gradual growth over the coming years.

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Latin America oilfield surfactants market share may experience significant growth over the coming years on account of new favorable national policies introduced, pertaining to development of equitable tax and fiscal regimes, across Brazil and Venezuela. There are still some factors hindering the product development and adoption.

One of the major reasons oilfield surfactants industry could witness a slower growth than expected is that the production of biosurfactants is expensive, while the large-scale use of synthetic products has its own disadvantages.

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