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

Choose License

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

Halogen Free Flame Retardant Market By Type (Aluminum Hydroxide, Organo- Phosphorous and Other Type), By Application Type (Polyolefin, Epoxy Resins, Polyvinyl Chloride (PVC), Unsaturated Polyester (UPE), Rubber, Engineered Thermoplastics (ETP), Styrenics and Others), For End User (Building and Construction Industry, Electrical and Electronics Industry, Transportation Industry, Wires and Cables Industry and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 – 2024

Feb-2018 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2626 | Report Format:

Report Brief The report covers forecast and analysis for the halogen free flame retardant market on a global and regional level The report includes the positive and the negative factors that are influencing the growth of the market Detailed information about the market opportunities are discus...Read More

Specialty Zeolites Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2614 | Report Format:

Global Specialty Zeolites Market: Overview The specialty zeolites are the type of zeolites that involve specialty synthesis, mainly the high-pressure synthesis. At the time of crystallization/synthesis, some specialty organic additives are also added. Small amounts of specialty zeolites are util...Read More

Thermal Insulation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2611 | Report Format:

Global Thermal Insulation Market: Overview The process of utilizing a compound or a material that is made of various materials having the ability to restrict the thermal energy flow or heat energy flow is known as insulation. Insulation materials are able to perform various functions including p...Read More

Glass Fiber Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2596 | Report Format:

Global Glass Fiber Market: Overview Glass fiber is a firm, lightweight, and tough material. They are also known as fiberglass. The substance is prepared from very fine fibers of glass. Their power is though, to some extent lesser than carbon fiber, and is much less strong. The substance is usual...Read More

Zeolite Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2589 | Report Format:

Global Zeolite Market: Overview Zeolite is the collection of 3-dimensional microporous hydrated aluminosilicate raw materials that are mainly employed as water softeners or in water filters. These reserves have comparatively porous framework. This makes them appropriate for employment in petroch...Read More

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.

Quick Inquiry