Oilfield Stimulation Chemicals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-855 | Report Format : | Status : Upcoming |

Abstract

Global 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: 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.

Global 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.

Global 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.

Global Oilfield Stimulation Chemicals Market: Competitive Players

Some of the major companies in the global 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.

Global Oilfield Stimulation Chemicals Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Waste Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4220 | Report Format:

Global Waste Oil Market: Overview Waste oil is a kind of contaminated petroleum based oil or synthetic oil with the large presence of impurities and loss of its original features that renders it unfit for its main purpose. The massive use of waste oil along with its recycling at the time when cr...Read More

Textile Enzymes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4218 | Report Format:

Global Textile Enzymes Market: Overview Textiles enzymes are those enzymes that are used in the textile sector to annihilate starch, stop textile bleaching, halt lignin degradation, and reduce the degradation of hydrogen peroxide in excess. The enzymes that are used in the textiles and fabrics i...Read More

Flotation Reagents Market by Type (Flocculants, Collectors, Frothers, and Dispersants) and by Application (Explosives & Drilling, Mineral Processing, and Water & Wastewater Treatment): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4208 | Report Format:

The report covers a forecast and an analysis of the flotation reagents market on a global and regional level. The study provides historical data from 2016 to 2018 and a forecast period from 2019 to 2026 based on volume (Kilotons) and revenue (USD Billion). The study includes the drivers and restra...Read More

Thermoplastic Polyamide Elastomers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4204 | Report Format:

Global Thermoplastic Polyamide Elastomers Market: Overview These products are the high performing thermoplastic co-polymers and possess hard as well as soft components. Moreover, the chemical composition of its soft and hard parts defines the thermal as well as mechanical features of the product...Read More

Concrete Surface Treatment Chemicals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4200 | Report Format:

Global Concrete Surface Treatment Chemicals Market: Overview The concrete surface treatment chemicals are used for myriad purposes such as maintaining the content of moisture in concrete materials, stimulating the adhesiveness between cement mold, and enhancing the shelf life of mold as well as...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.