Press release
Global Oilfield Biocides Market Projected to Reach $481.95 Mn. by 2029
12.09.2023 : Oilfield Biocides Market Report Scope and Research MethodologyThe global Oilfield Biocides Market is set to witness substantial growth, projecting a CAGR of 4.1% from 2022 to 2029. This comprehensive report provides a detailed analysis of the market dynamics, including drivers and restraints, and offers valuable regional insights.
The study has meticulously analyzed the revenue impact of the COVID-19 pandemic on market leaders, followers, and disrupters. The report utilizes a robust research methodology, incorporating industry-leading practices to ensure accurate and reliable findings.
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What are Oilfield Biocides Market Dynamics?
Drivers:
The growth of microbial organisms in oilfields poses a significant challenge, prompting substantial investments in combating their effects. Biocides play a crucial role in eradicating and controlling these microorganisms. The market is segmented into oxidizing and non-oxidizing biocides, with chlorine emerging as the widely adopted oxidizing biocide due to its cost-effectiveness and corrosive nature against microorganisms.
Restraints:
The shift towards renewable energy sources, such as solar, wind, geothermal, biomass, and hydropower, presents a potential challenge to the oilfield biocides market. As the world pivots towards sustainable alternatives, traditional fossil fuels like oil and coal may face diminished demand.
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What is Oilfield Biocides Market Segmentation?
By the end of 2029, the glutaraldehyde sector is anticipated to have the biggest market share worldwide. Because of its exceptional stability and capacity to cut through biofilms and eliminate the microorganisms present in the lines, glutaraldehyde is the oilfield biocide most frequently employed in upstream, middle, and downstream applications in the oil and gas sector.
by Type
• Glutaraldehyde
• THPS [Tetrakis (hydroxymethyl) phosphonium sulfate]
• TTPC [Tributyl Tetradecyl Phosphonium Chloride]
• DBNPA
• QAC (Quaternary Ammonium Compounds)
• Bronopol
• Others
by Application
• Upstream
o Drilling Protection
o Crude Oil Treatment
o Hydraulic Fracturing Operations
o Produced Water Treatment
• Midstream
o Crude Oil Transportation and Storage
o Pipeline Pigging and Scraping Operations
• Downstream
o Fuel treatment
o Others
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Who are Oilfield Biocides Market Key Players?
• LANXESS
• Albemarle Corporation
• Baker Hughes Incorporated
• Melzer Chemicals Pvt.
• Imperial Oilfield Chemicals Private Limited
• Acti-Chem
• Nashville Chemical
• SicagenChem
• Special Materials Company (SMC)
• Seatex Ltd.
• SEvonik Industries AG
• SAkzo Nobel N.V.
• SZirax Limited
• SBASF SE
• SAshland
• SCES Energy Solutions Corp.
• SClariant
• SChevron Phillips Chemical Company
• SFlotek Industries, Inc.
• SHalliburton
• SHuntsman International LLC
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Table of content for the Oilfield Biocides Market includes:
Part 01: Executive Summary
Part 02: Scope of the Oilfield Biocides Market Report
Part 03: Global Oilfield Biocides Market Landscape
Part 04: Global Oilfield Biocides Market Sizing
Part 05: Global Oilfield Biocides Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
North America dominated the market in 2022, driven by robust shale oil and gas activities. The region is a key consumer and manufacturer of oilfield biocides, particularly in the United States, Canada, and Mexico.
Europe and Asia-Pacific followed suit, displaying promising growth potential. The emerging markets in Asia-Pacific, notably China and India, are poised to drive the oil & gas industry, spurred by increasing demand for energy and oil-based products.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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