The global Oilfield Chemicals market is expected to reach USD 29.45 Billion by 2026, according to a new report by Reports and Data. Over the past few years, the global energy landscape has changed significantly as a result of technological advances in the recovery of unconventional hydrocarbon resources such as tight oil and shale gas. A number of researches have been established to examine the impacts of extraction and production of unconventional hydrocarbons on surface water, groundwater, and local air quality. The extraction and utilization of such unconventional hydrocarbons poses concerns about their contribution to the atmospheric chemistry and global climate change. Nevertheless, their application in operations including drilling, production, cementing and work over and completion is expected to drive the demand for oilfield chemicals.

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Some of the market players studied in this report are BASF SE (Germany), Lubrizol Corporation (U.S.), AkzoNobel N.V. (Netherlands), The Dow Chemical Company (U.S.), Schlumberger (U.S.), Halliburton (U.S.),  Kemira Oyj (Finland) Clariant (Switzerland), Nalco (U.S.) and Baker Hughes Incorporated. (U.S.)

Segments covered in the report:

Product (Revenue, USD Million; 2016-2026)

Inhibitors

Demulsifiers

Rheology Modifiers

Friction Reducers

Biocides

Surfactants

Foamers

Others

Location (Revenue, USD Million; 2016-2026)

Onshore

Offshore

Applications (Revenue, USD Million; 2016-2026)

Drilling & Cementing

Enhanced Oil Recovery

Production

Well Stimulation

Work over & Completion

Market Segment by Regions, regional analysis covers:

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, and Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Key point summary of the report:

Critical Aspects: The Global Oilfield Chemicals Market research report sheds light on the latest growth trends, development, and elaborates on the research methodologies employed. The market aspects that directly influence the growth of the market include the prevalent marketing strategies adopted by the leading companies, expansion tactics, and the product offerings of the companies, underlining that factors that could potentially affect the growth of the market segments and subsequently the overall market. The research study has examined these factors elaborately.

Market Overview: The study also takes into consideration crucial market aspects, including R&D, new product launches, deals, joint ventures, mergers and acquisitions, collaborations, and growth of the key industry participants, both on the regional and global levels.

Key Features: The report performs an in-depth analysis of some of the crucial factors, such as cost, capacity, rates of production and consumption, gross revenue, import/export status, demand-supply dynamics, growth rate, profit margin, and market share. Apart from this, the report also focuses on significant factors that might affect the market trends and categorizes the market into different segments and sub-segments.

Analytical Tools: The Global Oilfield Chemicals Market report includes authentic and relevant information relating to the overall market, key players, and their reach in the market with the help of precise analytical tools like SWOT analysis, Porter’s five forces analysis, analysis of the return on investment, and feasibility study on recent projects. These tools have been utilized to study the market position of the major industry players elaborately.

Target readers: The report gives detailed insights into the vendors, distributors, suppliers, manufacturers, stakeholders, and readers looking to understand the market before investing.

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