The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Specialty Oilfield Chemicals Market.
Jersey City, New Jersey, Dec. 01, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently published a report, “Specialty Oilfield Chemicals Market” By Product Type (Demulsifiers, Inhibitors & Scavengers, Rheology Modifiers, And Others), By Application (Production, Well Stimulation, Drilling Fluids, Enhanced Oil Recovery, And Others), and By Geography.
As per the deep research carried out by Verified Market Research, the global Specialty Oilfield Chemicals Market size was valued at USD 10.6 Billion in 2020 and is projected to reach USD 13.8 Billion by 2028, growing at a CAGR of 3.3% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=28402
Browse in-depth TOC on “Specialty Oilfield Chemicals Market”
202 – Pages
126 – Tables
37 – Figures
Global Specialty Oilfield Chemicals Market Overview
Specialty oilfield chemicals are chemicals used to improve oil recovery from oil wells. The primary purpose of specialty oilfield chemicals is to improve oil well recovery. These chemicals are used in the oil recovery processes of drilling, exploration, production, and maintenance. It has a wide range of applications, including foam control agents, emulsifying agents, friction reduction agents, dispersing agents, and many others. Specialty chemicals are also used for specific purposes throughout the production line of an oilfield, such as water, waste oil, and sludge treatment. Natural-based chemicals, such as guar gum, are more expensive and have a seasonal supply. Furthermore, farmers and governments around the world prefer food crops over such cash crops due to lingering food security concerns among the world’s rapidly growing population.
The global Specialty Oilfield Chemicals Market is primarily driven by the high demand for energy production. Oil is the primary fuel source for most industrial and domestic activities around the world. Furthermore, a recent surge in shale gas innovation in North America, combined with rising global energy demand, is one of the critical factors expected to drive market growth over the forecast period. The majority of countries are concentrating on extracting more oil from existing and new reserves. As a result, global crude oil production is increasing at a faster rate. The Middle East region’s increased oil production is expected to drive up demand for specialty oilfield chemicals.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Specialty Oilfield Chemicals Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
The “Global Specialty Oilfield Chemicals Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are BASF, Clariant, Ecolab, DowDuPont, Schlumberger, Solvay, AkzoNobel, Halliburton, Baker Hughes, and Kemira.
Based on the research, Verified Market Research has segmented the global Specialty Oilfield Chemicals Market into Product Type, Application and Geography.
- Specialty Oilfield Chemicals Market, by Product Type
- Inhibitors & Scavengers
- Rheology Modifiers
- Specialty Oilfield Chemicals Market, by Application
- Well Stimulation
- Drilling Fluids
- Enhanced Oil Recovery
- Specialty Oilfield Chemicals Market, by Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Oilfield Chemicals Market By Chemical Type (Biocide, Corrosion And Scale Inhibitor, Demulsifier, Polymer), By Application (Enhanced Oil Recovery, Production, Drilling And Cementing), By Geography, And Forecast
Oilfield Production Chemicals Market By Product (Demulsifiers, Corrosion Inhibitors), By Application (Oil and Gas, Shale Gas), By Geography, And Forecast
Oilfield Stimulation Chemicals Market By Product (Friction Reducers, Gelling Agents, Surfactants), By Application (Acid Fracking, Hydraulic Fracturing, Matrix Acidization), By Geography, And Forecast
SLS, SLES And LAS Market By Application (Detergents And Cleaners, Personal Care, Oilfield Chemicals), By Product Type (SLS, SLES, LAS), By Geography, And Forecast
9 Largest Oil And Gas Companies, in the USA, solving energy-related problems
Visualize Specialty Oilfield Chemicals Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
CONTACT: Mr. Edwyne Fernandes Verified Market Research® US: +1 (650)-781-4080 UK: +44 (753)-715-0008 APAC: +61 (488)-85-9400 US Toll Free: +1 (800)-782-1768 Email: [email protected] Web: https://www.verifiedmarketresearch.com/ BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/ Follow Us: LinkedIn | Twitter
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaChron.com takes no editorial responsibility for the same.