Press release
Oil & Gas Water Treatment Chemicals Market 2021 Disclosing Latest Trends and Advancement Outlook 2026
The Oil & Gas Water Treatment Chemicals Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Oil & Gas Water Treatment Chemicals market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Oil & Gas Water Treatment Chemicals market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Oil & Gas Water Treatment Chemicals market.The market for oil and gas water treatment chemicals is expected to register a CAGR of over 4% during the forecast period.
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Top Leading Companies of Oil & Gas Water Treatment Chemicals Market are - AES Arabia Ltd, Aries Chemical Inc., Avista Technologies, Inc., BASF SE, Buckman, BWA Water Additives, Chemtex Speciality Limited, ChemTreat Inc., DowDuPont, Ecolab, ImproChem, Ion Exchange LLC, Kemira Oyj, Kurita Water Industries Ltd, Metito, Solenis, SUEZ, Thermax Global, Veolia Water Technologies, WETICO and others.
Key Market Trends:
Scale and Corrosion Inhibitors to Dominate the Market
- Corrosion inhibitors, when added in small amounts to the corrosive medium, reduce its corrosiveness in considerable measures.
- These products are extremely efficient even with very low dosage and sufficiently inert to avoid altering the physico-chemical properties of oil.
- Hence, in the oil and gas industry, they are used in reinjection wells, gas plants, transportation lines, barges, etc., as their usage reduces costs and extends the working life of capital assets, such as process equipment, pipelines, and storage tanks.
North America to Witness the Highest Growth Rate
- North America dominated the global water treatment chemicals market share. This can be attributed to the presence of a large number of mining, oil and gas, and power generation activities in the United States.
- The United States was the single largest producer and consumer of natural gas, and particularly shale gas, accounting for a large chunk of global capacity.
- Adopting the new technologies and chemicals, the major producers of shale gas are increasing the production output from their existing fields as well. Some of the newly developed technologies are artificial lift systems and enhanced oil recovery.
- As per the forecast of EIA, the production of Shale Gas in the United States is projected to be 23,212 billion cubic feet by 2020, registering a CAGR of 10.24%, over the period of 2018-2020, which, in turn, will lead to the increasing demand for water, for operations.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Oil & Gas Water Treatment Chemicals Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Oil & Gas Water Treatment Chemicals Market (%),2016 - 2026
- Oil & Gas Water Treatment Chemicals Market Share, By Brand
- Oil & Gas Water Treatment Chemicals Market Share, By Company
- Oil & Gas Water Treatment Chemicals Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Oil & Gas Water Treatment Chemicals Market Value Analysis & Forecast
- Promising Oil & Gas Water Treatment Chemicals Development by Major Companies
- Detailed Oil & Gas Water Treatment Chemicals Portfolio of the Major Companies
- Major Deals in the Oil & Gas Water Treatment Chemicals Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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