Press release
Oilfield Surfactants Market to Witness Growth Due to Rising Industrialization in Emerging Economies and Rising Shale Oil Production
Demand Analysis of Oilfield Surfactants Market Overview:Oilfield Surfactants Market is predicted to grow at a moderate CAGR of 10.6% during the forecast period covering 2022 to 2029. Oilfield Surfactants Market share is estimated to reach a value of nearly US$ 12.5 billion by 2029.
The "Oilfield Surfactants Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
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Surfactants in the oilfield are compounds that efficiently reduce the surface tension between a fluid and a solid or between different fluids. Oilfield surfactants contain a variety of physical and chemical qualities that can be used throughout the drilling, production, refining, improved oil recovery, and stimulation processes. Asphaltene dispersants, corrosion inhibition, emulsifiers, demulsifier intermediates, oil-wetters, paraffin inhibitors, water-wetters, foamers, and defoamers are some of its uses. The chemical structure, especially the structural groups on the molecule, determines the kind of surfactant behavior.
Global oil and natural gas production has been steadily increasing, with oil output hitting 92.6 million barrels per day (BPD), with the United States remaining the world's top oil producer. According to these estimates, as oil production, extraction, and exploration activities develop, there is unquestionably a significant growth potential for oilfield surfactants to meet this high demand capacity.
Industry Developments-
In April 2020, Dow chemicals announced the expansion of its existing production plant in Tarragona, Spain. Through this expansion, the company will be able to increase its production capacity for products including lubricants, defoamers.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Oilfield Surfactants Market.
Market Growth Reports lists out all the Oilfield Surfactants Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, BASF SE, Chevron Philips, E.I. Dupont, Clariant AG, Dow Chemical, and Ashland Inc., Clariant Oil Services, a business unit of Clariant International Ltd, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Oilfield Surfactants Market by Type, 2020-2029, (USD Million)
Gelling Agents
Friction Reducers
Surfactants
Corrosion & Scale Inhibitors
Acids
Oilfield Surfactants Market by Application, 2020-2029, (USD Million)
Hydraulic Fracturing
Matrix Acidization
Acid Fracking
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Oilfield Surfactants Market, by Region
Its major share is occupied by North America, Asia Pacific, and Europe the region. North America shares 27% of the total market.
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Oilfield Surfactants Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Oilfield Surfactants Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Oilfield Surfactants Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Oilfield Surfactants Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period.
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