NEW YORK, Feb. 25, 2020 /PRNewswire/ --
Oilfield Chemicals market worldwide is projected to grow by US$17.2 Billion, driven by a compounded growth of 7.6%. Drilling Fluids, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$17 Billion by the year 2025, Drilling Fluids will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 6.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$597 Million to the region's size and clout in the next 5 to 6 years. Over US$507.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Drilling Fluids will reach a market size of US$735.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.3% over the next couple of years and add approximately US$4.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Akzo Nobel NV
- Albemarle Corp.
- Baker Hughes
- Elementis Plc
- Halliburton Company
- The Lubrizol Corporation
- NALCO Champion
- Newpark Resources, Inc.
- Schlumberger Limited
- M-I SWACO
- Solvay SA
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Recent Market Activity
Oilfield Chemicals - An Overview
Recent Past, Current, and Future Analysis
Improving Oil Prices and Spending Redefine the Dynamics of
Oilfield Chemicals Market
Rise in E & P Spending Remains a Strong Growth Driver
Deep Water Drilling Unveils New Opportunities
Natural Gas Production from Unconventional Resources Spurs
Oilfield Chemicals Demand
Global Competitor Market Shares
Oilfield Chemicals Competitor Market Share Scenario Worldwide
(in %): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
Akzo Nobel NV (The Netherlands)
Albemarle Corp. (USA)
Ashland, Inc. (USA)
Baker Hughes, a GE Company (USA)
BASF SE (Germany)
CES Energy Solutions Corp
Chevron Phillips Chemical Company LLC (USA)
Dow Chemical Company (USA)
Elementis Plc (UK)
Halliburton Company (USA)
NALCO Champion (USA)
Newpark Resources, Inc. (USA)
Schlumberger Limited (USA)
M-I SWACO (USA)
Solvay SA (Belgium)
The Chemours Company (USA)
Weatherford International Ltd. (USA)
3. MARKET TRENDS & DRIVERS
Drilling Fluids Gain from the Rise in Drilling Rates
Water-Based Drilling Fluids Gain Significance Over Oil-Based Muds
Rise in Horizontal Drilling Benefits Demand for Drilling Fluids
Aging Wells Trigger the Demand for Production Chemicals
Stimulation Chemicals - A High Potential Segment
New and Emerging Shale Plays to Propel Demand for Stimulation
Chemicals
Newer Fluids & Proppants to Gain Traction
Rise in Number of Mature Oil Fields to Drive Demand for EOR
Chemicals
Leading Players
Microbial Enhanced Oil Recovery
Specialty Oilfield Chemicals Gain Traction
Stringent Regulations Encourage Development of Eco-Friendly
Chemicals
Nanotechnology Set to Make In-Roads
Smart Fluids Assume a Greater Role
Multi-Well Deepwater Drilling Projects - A Boon to Top Hole
Drilling Technology
Top Hole Drilling (THD)
Price Volatility Spurs Hunt for Guar Gum Alternatives
Nanotechnology Finds Application in Cementing
4. GLOBAL MARKET PERSPECTIVE
Table 1: Oilfield Chemicals Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 2: Oilfield Chemicals Global Retrospective Market
Scenario in US$ Million by Region/Country: 2009-2017
Table 3: Oilfield Chemicals Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Drilling Fluids (Type) World Market by Region/Country
in US$ Million: 2018 to 2025
Table 5: Drilling Fluids (Type) Historic Market Analysis by
Region/Country in US$ Million: 2009 to 2017
Table 6: Drilling Fluids (Type) Market Share Breakdown of
Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Stimulation Chemicals (Type) Potential Growth Markets
Worldwide in US$ Million: 2018 to 2025
Table 8: Stimulation Chemicals (Type) Historic Market
Perspective by Region/Country in US$ Million: 2009 to 2017
Table 9: Stimulation Chemicals (Type) Market Sales Breakdown by
Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Production Chemicals (Type) Geographic Market Spread
Worldwide in US$ Million: 2018 to 2025
Table 11: Production Chemicals (Type) Region Wise Breakdown of
Global Historic Demand in US$ Million: 2009 to 2017
Table 12: Production Chemicals (Type) Market Share Distribution
in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 13: EOR Chemicals (Type) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 14: EOR Chemicals (Type) Market Historic Review by
Region/Country in US$ Million: 2009 to 2017
Table 15: EOR Chemicals (Type) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 16: Cementing Chemicals (Type) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 17: Cementing Chemicals (Type) Historic Market Analysis
by Region/Country in US$ Million: 2009 to 2017
Table 18: Cementing Chemicals (Type) Market Share Distribution
in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 19: Completion & Workover Fluids (Type) World Market
Estimates and Forecasts in US$ Million by Region/Country: 2018
to 2025
Table 20: Completion & Workover Fluids (Type) Market Worldwide
Historic Review by Region/Country in US$ Million: 2009 to 2017
Table 21: Completion & Workover Fluids (Type) Market Percentage
Share Distribution by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Oilfield Chemicals Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 22: United States Oilfield Chemicals Market Estimates and
Projections in US$ Million by Type: 2018 to 2025
Table 23: Oilfield Chemicals Market in the United States by
Type: A Historic Review in US$ Million for 2009-2017
Table 24: United States Oilfield Chemicals Market Share
Breakdown by Type: 2009 VS 2019 VS 2025
CANADA
Table 25: Canadian Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018 to 2025
Table 26: Canadian Oilfield Chemicals Historic Market Review by
Type in US$ Million: 2009-2017
Table 27: Oilfield Chemicals Market in Canada: Percentage Share
Breakdown of Sales by Type for 2009, 2019, and 2025
JAPAN
Table 28: Japanese Market for Oilfield Chemicals: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2018-2025
Table 29: Oilfield Chemicals Market in Japan: Historic Sales
Analysis in US$ Million by Type for the Period 2009-2017
Table 30: Japanese Oilfield Chemicals Market Share Analysis by
Type: 2009 VS 2019 VS 2025
CHINA
Table 31: Chinese Oilfield Chemicals Market Growth Prospects in
US$ Million by Type for the Period 2018-2025
Table 32: Oilfield Chemicals Historic Market Analysis in China
in US$ Million by Type: 2009-2017
Table 33: Chinese Oilfield Chemicals Market by Type: Percentage
Breakdown of Sales for 2009, 2019, and 2025
EUROPE
Market Facts & Figures
European Oilfield Chemicals Market: Competitor Market Share
Scenario (in %) for 2020 & 2025
Market Analytics
Table 34: European Oilfield Chemicals Market Demand Scenario in
US$ Million by Region/Country: 2018-2025
Table 35: Oilfield Chemicals Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2009-2017
Table 36: European Oilfield Chemicals Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 37: European Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018-2025
Table 38: Oilfield Chemicals Market in Europe in US$ Million by
Type: A Historic Review for the Period 2009-2017
Table 39: European Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
FRANCE
Table 40: Oilfield Chemicals Market in France by Type:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 41: French Oilfield Chemicals Historic Market Scenario in
US$ Million by Type: 2009-2017
Table 42: French Oilfield Chemicals Market Share Analysis by
Type: 2009 VS 2019 VS 2025
GERMANY
Table 43: Oilfield Chemicals Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Type for the
Period 2018-2025
Table 44: German Oilfield Chemicals Historic Market Analysis in
US$ Million by Type: 2009-2017
Table 45: German Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
ITALY
Table 46: Italian Oilfield Chemicals Market Growth Prospects in
US$ Million by Type for the Period 2018-2025
Table 47: Oilfield Chemicals Historic Market Analysis in Italy
in US$ Million by Type: 2009-2017
Table 48: Italian Oilfield Chemicals Market by Type: Percentage
Breakdown of Sales for 2009, 2019, and 2025
UNITED KINGDOM
Table 49: United Kingdom Market for Oilfield Chemicals: Annual
Sales Estimates and Projections in US$ Million by Type for the
Period 2018-2025
Table 50: Oilfield Chemicals Market in the United Kingdom:
Historic Sales Analysis in US$ Million by Type for the Period
2009-2017
Table 51: United Kingdom Oilfield Chemicals Market Share
Analysis by Type: 2009 VS 2019 VS 2025
SPAIN
Table 52: Spanish Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018 to 2025
Table 53: Spanish Oilfield Chemicals Historic Market Review by
Type in US$ Million: 2009-2017
Table 54: Oilfield Chemicals Market in Spain: Percentage Share
Breakdown of Sales by Type for 2009, 2019, and 2025
RUSSIA
Table 55: Russian Oilfield Chemicals Market Estimates and
Projections in US$ Million by Type: 2018 to 2025
Table 56: Oilfield Chemicals Market in Russia by Type:
A Historic Review in US$ Million for 2009-2017
Table 57: Russian Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 58: Rest of Europe Oilfield Chemicals Market Estimates
and Forecasts in US$ Million by Type: 2018-2025
Table 59: Oilfield Chemicals Market in Rest of Europe in US$
Million by Type: A Historic Review for the Period 2009-2017
Table 60: Rest of Europe Oilfield Chemicals Market Share
Breakdown by Type: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 61: Asia-Pacific Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 62: Oilfield Chemicals Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2009-2017
Table 63: Asia-Pacific Oilfield Chemicals Market Share Analysis
by Region/Country: 2009 VS 2019 VS 2025
Table 64: Oilfield Chemicals Market in Asia-Pacific by Type:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 65: Asia-Pacific Oilfield Chemicals Historic Market
Scenario in US$ Million by Type: 2009-2017
Table 66: Asia-Pacific Oilfield Chemicals Market Share Analysis
by Type: 2009 VS 2019 VS 2025
AUSTRALIA
Table 67: Oilfield Chemicals Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Type for the
Period 2018-2025
Table 68: Australian Oilfield Chemicals Historic Market
Analysis in US$ Million by Type: 2009-2017
Table 69: Australian Oilfield Chemicals Market Share Breakdown
by Type: 2009 VS 2019 VS 2025
INDIA
Table 70: Indian Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018 to 2025
Table 71: Indian Oilfield Chemicals Historic Market Review by
Type in US$ Million: 2009-2017
Table 72: Oilfield Chemicals Market in India: Percentage Share
Breakdown of Sales by Type for 2009, 2019, and 2025
SOUTH KOREA
Table 73: Oilfield Chemicals Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million by Type for
the Period 2018-2025
Table 74: South Korean Oilfield Chemicals Historic Market
Analysis in US$ Million by Type: 2009-2017
Table 75: Oilfield Chemicals Market Share Distribution in South
Korea by Type: 2009 VS 2019 VS 2025
REST OF ASIA-PACIFIC
Table 76: Rest of Asia-Pacific Market for Oilfield Chemicals:
Annual Sales Estimates and Projections in US$ Million by Type
for the Period 2018-2025
Table 77: Oilfield Chemicals Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million by Type for the Period
2009-2017
Table 78: Rest of Asia-Pacific Oilfield Chemicals Market Share
Analysis by Type: 2009 VS 2019 VS 2025
LATIN AMERICA
Table 79: Latin American Oilfield Chemicals Market Trends by
Region/Country in US$ Million: 2018-2025
Table 80: Oilfield Chemicals Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2009-2017
Table 81: Latin American Oilfield Chemicals Market Percentage
Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Table 82: Latin American Oilfield Chemicals Market Growth
Prospects in US$ Million by Type for the Period 2018-2025
Table 83: Oilfield Chemicals Historic Market Analysis in Latin
America in US$ Million by Type: 2009-2017
Table 84: Latin American Oilfield Chemicals Market by Type:
Percentage Breakdown of Sales for 2009, 2019, and 2025
ARGENTINA
Table 85: Argentinean Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018-2025
Table 86: Oilfield Chemicals Market in Argentina in US$ Million
by Type: A Historic Review for the Period 2009-2017
Table 87: Argentinean Oilfield Chemicals Market Share Breakdown
by Type: 2009 VS 2019 VS 2025
BRAZIL
Table 88: Oilfield Chemicals Market in Brazil by Type:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 89: Brazilian Oilfield Chemicals Historic Market Scenario
in US$ Million by Type: 2009-2017
Table 90: Brazilian Oilfield Chemicals Market Share Analysis by
Type: 2009 VS 2019 VS 2025
MEXICO
Table 91: Oilfield Chemicals Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Type for the
Period 2018-2025
Table 92: Mexican Oilfield Chemicals Historic Market Analysis
in US$ Million by Type: 2009-2017
Table 93: Mexican Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
REST OF LATIN AMERICA
Table 94: Rest of Latin America Oilfield Chemicals Market
Estimates and Projections in US$ Million by Type: 2018 to 2025
Table 95: Oilfield Chemicals Market in Rest of Latin America by
Type: A Historic Review in US$ Million for 2009-2017
Table 96: Rest of Latin America Oilfield Chemicals Market Share
Breakdown by Type: 2009 VS 2019 VS 2025
MIDDLE EAST
Table 97: The Middle East Oilfield Chemicals Market Estimates
and Forecasts in US$ Million by Region/Country: 2018-2025
Table 98: Oilfield Chemicals Market in the Middle East by
Region/Country in US$ Million: 2009-2017
Table 99: The Middle East Oilfield Chemicals Market Share
Breakdown by Region/Country: 2009, 2019, and 2025
Table 100: The Middle East Oilfield Chemicals Market Estimates
and Forecasts in US$ Million by Type: 2018 to 2025
Table 101: The Middle East Oilfield Chemicals Historic Market
by Type in US$ Million: 2009-2017
Table 102: Oilfield Chemicals Market in the Middle East:
Percentage Share Breakdown of Sales by Type for 2009, 2019, and
2025
IRAN
Table 103: Iranian Market for Oilfield Chemicals: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2018-2025
Table 104: Oilfield Chemicals Market in Iran: Historic Sales
Analysis in US$ Million by Type for the Period 2009-2017
Table 105: Iranian Oilfield Chemicals Market Share Analysis by
Type: 2009 VS 2019 VS 2025
ISRAEL
Table 106: Israeli Oilfield Chemicals Market Estimates and
Forecasts in US$ Million by Type: 2018-2025
Table 107: Oilfield Chemicals Market in Israel in US$ Million
by Type: A Historic Review for the Period 2009-2017
Table 108: Israeli Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 109: Saudi Arabian Oilfield Chemicals Market Growth
Prospects in US$ Million by Type for the Period 2018-2025
Table 110: Oilfield Chemicals Historic Market Analysis in Saudi
Arabia in US$ Million by Type: 2009-2017
Table 111: Saudi Arabian Oilfield Chemicals Market by Type:
Percentage Breakdown of Sales for 2009, 2019, and 2025
UNITED ARAB EMIRATES
Table 112: Oilfield Chemicals Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Type for the Period 2018-2025
Table 113: United Arab Emirates Oilfield Chemicals Historic
Market Analysis in US$ Million by Type: 2009-2017
Table 114: Oilfield Chemicals Market Share Distribution in
United Arab Emirates by Type: 2009 VS 2019 VS 2025
REST OF MIDDLE EAST
Table 115: Oilfield Chemicals Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Million by Type
for the Period 2018-2025
Table 116: Rest of Middle East Oilfield Chemicals Historic
Market Analysis in US$ Million by Type: 2009-2017
Table 117: Rest of Middle East Oilfield Chemicals Market Share
Breakdown by Type: 2009 VS 2019 VS 2025
AFRICA
Table 118: African Oilfield Chemicals Market Estimates and
Projections in US$ Million by Type: 2018 to 2025
Table 119: Oilfield Chemicals Market in Africa by Type: A
Historic Review in US$ Million for 2009-2017
Table 120: African Oilfield Chemicals Market Share Breakdown by
Type: 2009 VS 2019 VS 2025
IV. COMPETITION
Total Companies Profiled: 147
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