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Oilfield Chemicals Market By Glorious Opportunities Business Growth Size And Statistics Forecasts 2019 To 2027
Oilfield Chemicals Market
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Companies Profiled in this report includes:
Akzo Nobel N.V.
Albemarle Corporation
Baker Hughes
BASF SE
Ecolab
Halliburton
Newpark Resources Inc.
Schlumberger Limited
Solvay
The Lubrizol Corporation
The market for oilfield chemicals is expected to grow, owing to factors such as growth in oil exploration & production activities, increasing demand for advanced drilling fluids are boosting the oilfield chemicals market. However, crude oil price fluctuations is hindering the market for same in the current scenario.
GLOBAL OILFIELD CHEMICALS - MARKET SEGMENTATION
Global Oilfield Chemicals Market - By Type
Polymers
Corrosion and Scale Inhibitors
Demulsifiers
Surfactants
Gellants and Viscosifiers
Others
Global Oilfield Chemicals Market - By Application
Drilling
Cementing
Enhanced Oil Recovery
Production Chemicals
Well Stimulation
Workover and Completion
The market has witnessed various growth strategies during recent years in the oilfield chemicals market. During 2019, The Upstream Energy business operates within Ecolab's Energy segment and consists of the Oil Field Chemicals production business and the WellChem drilling and well completion chemistry business. Ecolab intends to retain the downstream business, which helps refineries and petrochemical plants. The separation performance is expected to be tax-free spin-off to U.S. shareholders for U.S. federal income tax purposes.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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