The detailed Oilfield Production And Delivery Chemicals Market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of oilfield production and delivery chemicals.
Growing mining activities to extract crude oil to cater the global demand is driving the market growth. Rising usage of additives to increase productivity and reduce operational cost is boosting the market growth. Ongoing R&D for developing advanced oilfield chemicals to meet regulatory regulations is expected to raise the market demand in the forecasting period. However, fluctuating crude oil prices along with the rise in environmental concerns may hinder the market growth. Nevertheless, the emergence of eco-friendly oilfield chemicals is projected to pushing the market growth uphill in the following timespan.
The key players in the oilfield production and delivery chemicals market include Baker Hughes, BASF, Clariant, Croda, Dow, Flotek Industries, Huntsman, Innospec, Kemira, Nalco Champion, and Schlumberger among others.
By Product
- Flocculent
- Corrosion & Scale Inhibitors
- Biocides
- Demulsifiers
- Thickener
- Others
By Application
- Oil & Gas
- Shale Gas
Current and forecast demand for oilfield production and delivery chemicals in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/oilfield-production-and-delivery-chemicals-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.