Press release
Globally Market Outlook : Oilfield Process Market Grow at a CAGR of 5.40% by Analysis, Growth, Market Status, Demands, Insights, 2017-2021
Market Research Report
About Oilfield Process Chemicals
Oilfield process chemicals are a class of specialty chemicals that are extensively used in the oil and gas industry. They are used in various phases of oil exploration. Different types of oilfield process chemicals include drilling chemicals, stimulation chemicals, production chemicals, cementing chemicals, workover and completion chemicals, and enhanced oil recovery chemicals. These chemicals, with their use in oilfield operations, help in increasing the overall efficiency and productivity of oil extraction and production processes.
Technavios analysts forecast the global oilfield process chemicals market to grow at a CAGR of 5.40% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the Global Oilfield Process Chemicals Market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Oilfield Process Chemicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Baker Hughes
BASF
Halliburton
Schlumberger
The Dow Chemical company
Other prominent vendors
Akzo Nobel
Albemarle
Ashland
CES Energy Solutions
Chemex
Chevron Phillips Chemical Company
Clariant
Dorf Ketal
DuPont
Ecolab
Market driver
Increased demand for energy
For a full, detailed list, view our report
Market challenge
Volatile crude oil prices
For a full, detailed list, view our report
Market trend
Rising demand for novel chemical products
For a full, detailed list, view our report
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