Oilfield Stimulation Chemicals Market - Global Industry Analysis

Oilfield Stimulation Chemicals Market By Material Product (Friction reducers, Gelling agents, Corrosion and scale inhibitor, Surfactant, Acids and others) for Matrix oxidization, Hydraulic fracturing, Acid fracking and Others: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 25-Nov-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-855 Status : Published

According to the report published by Zion Market Research, Global demand for Oilfield Stimulation Chemicals market was valued at approximately USD 2,900 Million in 2019, and is expected to generate revenue of around USD 5,416.2 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.

Description

According to the report published by Zion Market Research, Global demand for Oilfield Stimulation Chemicals market was valued at approximately USD 2,900 Million in 2019, and is expected to generate revenue of around USD 5,416.2 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.

Oilfield Stimulation Chemicals Market: Overview

For improving and restoring the productivity of oil wells, stimulation process is carried out. To support and enhance the stimulation process during oil extraction, oil stimulation chemicals are used. These chemicals help in the free flow of hydrocarbons from the wells. Different chemicals are used for different processes of oil extraction such as acids, corrosion inhibitors, biocides, gelling agents/viscosities, friction reducers, water control polymers, iron control agents, and breakers. Among these, gelling agents or viscosities are the most widely used oilfield stimulation chemicals and acid stimulation is the technique, which is frequently adopted in oil extraction. Problems that may arise before and during oil extraction procedure can be solved by oilfield stimulation chemicals. It saves energy consumption during fracturing and reduces consumption of water.

Global Oilfield Stimulation Chemicals Market

Oilfield Stimulation Chemicals Market: Growth Factors

The global oilfield stimulation chemicals market is growing at a significant pace. This growth can be attributed to reasons such as opportunity towards the progressions in the area of iron control agents, focus on providing cost effective and better results at lesser quantity and launching of new products in the global market. However, there are certain restraining factors in the global oilfield stimulation chemicals market. They include increase the cost of oil production level, limited possibility to operate at depth, increasing concerns regarding environmental impact and personnel safety and low crude oil price, which reduce the margin for oil producers.

Oilfield Stimulation Chemicals Market: Segmentation

The global oilfield stimulation market is segmented into its type, application, and geography. On the basis of type, the global market is divided into friction reducers, gelling agents, corrosion and scale inhibitors, surfactants, acids and others. Based on application, the global oilfield stimulation chemicals market is segregated into matrix oxidization, hydraulic fracturing, acid fracking, and others. Diversification of the global market on the basis of the region is seen in North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa.

Oilfield Stimulation Chemicals Market: Regional Analysis

The largest market share in the global oilfield stimulation chemicals market is held by North America. The major demand is seen in countries such as the U.S. and Canada. Growth in North America is followed by Asia-Pacific. In this region, major demand is seen in countries such as China, South Korea, Indonesia, India, and Malaysia. More than half of the demand in Asia Pacific is seen in China. Owing to the heavy oilfield stimulation activities in the Asia-Pacific region, it is anticipated to be the fastest growing region in the coming years. In addition, a significant amount of growth is visible in Europe, Latin America and the Middle East and Africa. Countries such as Mexico, Poland, Germany, Vietnam, Germany, the U.K., France, Poland, and Brazil are the major oilfield stimulation chemicals markets in these regions.

Oilfield Stimulation Chemicals Market: Competitive Players

Some main participants of the Oilfield Stimulation Chemicals market are E.I. Du Pont, BASF SE, Albemarle Corp., Clariant AG, Dow Chemical, AkzoNobel N.V., Ashland Inc., Halliburton, Flotek Industries Inc., Solvay SA, Schlumberger Limited, Chevron Phillips Chemical Company, Baker Hughes Incorporated and DOW Chemical Company.

Oilfield Stimulation Chemicals Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.ReportDescription
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Oilfield Stimulation ChemicalsMarket, 2016–2026 (USD Million)
    • 3.2.Global Oilfield Stimulation ChemicalsMarket: Snapshot
  • Chapter 4.Oilfield Stimulation ChemicalsMarket – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Oilfield Stimulation Chemicals
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Oilfield Stimulation Chemicals Market Attractiveness, By Type
    • 5.2.Global Oilfield Stimulation Chemicals Market Attractiveness, By Application
    • 5.3.Global Oilfield Stimulation Chemicals Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Oilfield Stimulation Chemicals Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Oilfield Stimulation Chemicals Market Overview: by Type
      • 7.1.1.Global Oilfield Stimulation Chemicals Market Revenue Share, by Type, 2019 & 2026
    • 7.2.Global Oilfield Stimulation Chemicals Market Analysis/Overview – By Type
      • 7.2.1.Friction reducers – Overview/Analysis
      • 7.2.2.Gelling agents – Overview/Analysis
      • 7.2.3.Corrosion and scale inhibitor – Overview/Analysis
      • 7.2.4.Surfactants – Overview/Analysis
      • 7.2.5.Acids and others – Overview/Analysis
    • 7.3.Friction reducers
      • 7.3.1.Global Oilfield Stimulation Chemicals Market for Friction reducers, Revenue (USD Million) 2016 - 2026
    • 7.4.Gelling agents
      • 7.4.1.Global Oilfield Stimulation Chemicals Market for Gelling agents, Revenue (USD Million) 2016 - 2026
    • 7.5.Corrosion and scale inhibitor
      • 7.5.1.Global Oilfield Stimulation Chemicals Market for Corrosion and scale inhibitor, Revenue (USD Million) 2016 - 2026
    • 7.6.Surfactants
      • 7.6.1.Global Oilfield Stimulation Chemicals Market for Surfactants, Revenue (USD Million) 2016 - 2026
    • 7.7.Acids and others
      • 7.7.1.Global Oilfield Stimulation Chemicals Market for Acids and others, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Oilfield Stimulation Chemicals Market Overview: by Application
      • 8.1.1.Global Oilfield Stimulation Chemicals Market Revenue Share, by Application, 2019 & 2026
    • 8.2.Global Oilfield Stimulation Chemicals Market Analysis/Overview – By Application
      • 8.2.1.Matrix oxidization – Overview/Analysis
      • 8.2.2.Hydraulic fracturing – Overview/Analysis
      • 8.2.3.Acid fracking – Overview/Analysis
      • 8.2.4.Others – Overview/Analysis
    • 8.3.Matrix oxidization
      • 8.3.1.Global Oilfield Stimulation Chemicals Market for Matrix oxidization, Revenue (USD Million) 2016 - 2026
    • 8.4.Hydraulic fracturing
      • 8.4.1.Global Oilfield Stimulation Chemicals Market for Hydraulic fracturing, Revenue (USD Million) 2016 - 2026
    • 8.5.Acid fracking
      • 8.5.1.Global Oilfield Stimulation Chemicals Market for Acid fracking, Revenue (USD Million) 2016 - 2026
    • 8.6.Others
      • 8.6.1.Global Oilfield Stimulation Chemicals Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Oilfield Stimulation ChemicalsMarket– Regional Analysis
    • 9.1.Global Oilfield Stimulation ChemicalsMarket: Regional Overview
      • 9.1.1.Global Oilfield Stimulation Chemicals Market Revenue Share, by Region, 2019 & 2026
      • 9.1.2.GlobalOilfield Stimulation Chemicals Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 9.2.North America
      • 9.2.1.North AmericaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
      • 9.2.2.North AmericaOilfield Stimulation Chemicals Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.2.3.North AmericaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026
      • 9.2.4.North AmericaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026
      • 9.2.5. U.S.
      • 9.2.6.Canada
    • 9.3.Europe
      • 9.3.1.EuropeOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
      • 9.3.2.EuropeOilfield Stimulation Chemicals Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.3.3.EuropeOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026
      • 9.3.4.EuropeOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026
      • 9.3.5.Germany
      • 9.3.6.France
      • 9.3.7. U.K.
      • 9.3.8.Italy
      • 9.3.9.Spain
      • 9.3.10.Rest of Europe
    • 9.4.Asia Pacific
      • 9.4.1.Asia PacificOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
      • 9.4.2.Asia PacificOilfield Stimulation Chemicals Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.4.3.Asia PacificOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026
      • 9.4.4.Asia PacificOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026
      • 9.4.5.China
      • 9.4.6.Japan
      • 9.4.7.India
      • 9.4.8.South Korea
      • 9.4.9.South-East Asia
      • 9.4.10.Rest of Asia Pacific
    • 9.5.Latin America
      • 9.5.1.Latin AmericaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
      • 9.5.2.Latin AmericaOilfield Stimulation Chemicals Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.5.3.Latin AmericaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026
      • 9.5.4.Latin AmericaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026
      • 9.5.5.Brazil
      • 9.5.6.Mexico
      • 9.5.7.Rest of Latin America
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
      • 9.6.2.The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.6.3.The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026
      • 9.6.4.The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026
      • 9.6.5.GCC Countries
      • 9.6.6.South Africa
      • 9.6.7.Rest of Middle-East Africa
  • Chapter 10.Company Profiles
    • 10.1.E.I. Du Pont
      • 10.1.1.Company Overview
      • 10.1.2.Financial Overview
      • 10.1.3.Product Portfolio
      • 10.1.4.Business Strategy
      • 10.1.5.Recent Developments
    • 10.2.BASF SE
    • 10.3.Albemarle Corp.
    • 10.4.Clariant AG
    • 10.5.Dow Chemical
    • 10.6.AkzoNobel N.V.
    • 10.7.Ashland Inc.
    • 10.8.Halliburton
    • 10.9.Flotek Industries Inc.
    • 10.1.Sulvay SA
    • 10.11.Schlumberger Limited
    • 10.12.Chevron Phillips Chemical Company
    • 10.13.Baker Hughes Incorporated
    • 10.14.DOW Chemical Company
    • 10.15.Others

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Oilfield Stimulation ChemicalsMarketRevenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Oilfield Stimulation Chemicals Market
FIG. 6 Global Oilfield Stimulation Chemicals Market Attractiveness, By Type
FIG. 7 Global Oilfield Stimulation Chemicals Market Attractiveness, By Application
FIG. 8 Global Oilfield Stimulation Chemicals Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Oilfield Stimulation Chemicals Market Revenue Share, by Type, 2019 & 2026
FIG. 11 Global Oilfield Stimulation Chemicals Market for Friction reducers, Revenue (USD Million) 2016 - 2026
FIG. 12 Global Oilfield Stimulation Chemicals Market for Gelling agents, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Oilfield Stimulation Chemicals Market for Corrosion and scale inhibitor, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Oilfield Stimulation Chemicals Market for Surfactants, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Oilfield Stimulation Chemicals Market for Acids and others, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Oilfield Stimulation Chemicals Market Revenue Share, by Application, 2019 & 2026
FIG. 17 Global Oilfield Stimulation Chemicals Market for Matrix oxidization, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Oilfield Stimulation Chemicals Market for Hydraulic fracturing, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Oilfield Stimulation Chemicals Market for Acid fracking, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Oilfield Stimulation Chemicals Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Oilfield Stimulation Chemicals Market Revenue Share, by Region, 2019 & 2026
FIG. 22 North AmericaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
FIG. 23 EuropeOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
FIG. 24 Asia PacificOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
FIG. 25 Latin AmericaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 E.I. Du PontBusiness Segment Revenue Share, 2018 (%)
FIG. 28 E.I. Du PontGeographical Segment Revenue Share, 2018 (%)


List of Tables

TABLE 1 Global Oilfield Stimulation ChemicalsMarket: Snapshot
TABLE 2 Drivers of the Oilfield Stimulation ChemicalsMarket: Impact Analysis
TABLE 3 Restraints for the Oilfield Stimulation ChemicalsMarket: Impact Analysis
TABLE 4 GlobalOilfield Stimulation ChemicalsMarket Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North AmericaOilfield Stimulation ChemicalsMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North AmericaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 7 North AmericaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 8 EuropeOilfield Stimulation ChemicalsMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 9 EuropeOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 10 EuropeOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 11 Asia PacificOilfield Stimulation ChemicalsMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 12 Asia PacificOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 13 Asia PacificOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 14 Latin AmericaOilfield Stimulation ChemicalsMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 15 Latin AmericaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 16 Latin AmericaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 17 The Middle-East and AfricaOilfield Stimulation ChemicalsMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 19 The Middle-East and AfricaOilfield Stimulation Chemicals Market Revenue, by Application, 2016 – 2026 (USD Million)

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FrequentlyAsked Questions

Crude oil Production  followed by rising deep drilling operation is considrded as one of the major driving factor affecting the growth of the market. Rapid development in the oil industry and the rising penetration of the products in these considered as one of the major driving factor for promoting the growth of the market.

According to Zion Market Research, global demand for Oilfield Stimulation Chemicals market is expected to generate revenue of around USD 5,416.2 Million by end of 2026, growing at a CAGR of around 9.4% between 2020 and 2026.

North America region hold the largest market share in the year 2019 followed by Asia Pacific region. Recent, heavy growth in Oil industries in the countries like India, China, Vietnam and various others is one of the major factors promoting the growth of the market in Asia Pacific region.

Some main participants of the Oilfield Stimulation Chemicals market are E.I. Du Pont, BASF SE, Albemarle Corp., Clariant AG, Dow Chemical, AkzoNobel N.V., Ashland Inc., Halliburton, Flotek Industries Inc., Solvay SA, Schlumberger Limited, Chevron Phillips Chemical Company, Baker Hughes Incorporated and DOW Chemical Company.

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