Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

­­­Global Oilfield Chemicals Market – Insights

Chemical components that are majorly used in oil & gas extraction operations are called as oilfield chemicals. Oilfield chemicals find applications in cementing, enhanced oil recovery, drilling fluids, well stimulation, production chemicals, and workover & completion.

Oil, which is produced in the oilfield usually contains large amount of water that gets mixed with the oil through oil drilling process or naturally, especially in offshore drilling and wells. It is important to separate the oil from the water so as to purify it, as well as to reduce the corrosion of the containers ferrying the oil and pipelines. Among the applications, demulsifiers are used for this purpose in the oilfield. Demulsifiers are used to reduce the density of the oil, causing easier separation of the two chemicals, while at the same time reducing the corrosion of pipelines that might lead to higher maintenance costs of equipment.

Rise in oil production and exploration activities is generating the need for oilfield chemicals. Rapid expansion of shale oil & gas drilling & production and growth in deep-water & ultra-deep-water drilling projects is further expected to boost the market demand for oilfield chemicals. According to India Brand Equity Foundation (IBEF), Oil and Natural Gas Corporation (ONGC) is expected to invest US$ 2.73 billion on drilling oil and gas wells in 2019. As the country looks to cut reliance on oil imports by 10 per cent, it is expected that foreign investors will have opportunities to invest in petroleum and natural gas projects worth US$ 300 billion in India by 2022. Therefore, significant increase in oil and gas exploration project is expected to boost the demand for oilfield chemicals during the forecast period.

However, increasing environmental concerns and price fluctuation of crude oil are expected to hamper the market growth of oilfield chemicals. Furthermore, emergence of eco-friendly oilfield chemicals is expected to provide substantial growth opportunities in near future.

The global oilfield chemicals market was valued at US$ 58,350.2 million in 2018, and is expected to register a CAGR of 5.5% in terms of revenue over the forecast period (2019 – 2027) to reach US$ 94,069.7 million by 2027.

Figure 1. Global Oilfield Chemicals Market Share (%), By Region, 2018

Oilfield Chemicals  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Among applications, upstream holds dominant position in North America and is accounted for the largest market share in the global oilfield chemicals market in 2018. Exploration and production activity has surged 12% and as reported by The North Dakota Industrial Commission, since OPEC's agreement, oil and gas operators will be shifting from running minimum number of rigs to incremental increases throughout 2017, so long as oil prices remain above US$ 50 per barrel.

Oilfield chemicals find application in water treatment process. As population is growing, current water supply has to satisfy increasing demands. Hence, chemical industry uses innovative ways of water treatment, in order to make water acceptable for end-use, such as industrial, cooking, irrigation, and drinking purpose. For instance, according to the article, ‘Treated wastewater use in Saudi Arabia: challenges and initiatives’ published by International Journal of Water Resources Development in December 2015, Saudi Arabia set the goal to achieve 100% use of treated wastewater by 2025 and it is projected that around 6.8 million m3 per day of treated wastewater will be available for use in Saudi Arabia by 2035. Therefore, increasing number of water treatment projects is expected to boost the demand for oilfield chemicals during the forecast period.

Figure 2. Global Oilfield Chemicals Market Share (%), By Application, 2018

Oilfield Chemicals  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Furthermore, key players in the market are focused on adopting strategies such as technological development and collaborations, in order to strengthen their footprint in the global oilfield chemicals market. For instance, in 2017, Shell Petroleum Development Company of Nigeria Ltd (SPDC), a subsidiary of Royal Dutch Shell Plc., commenced production plant at Gbaran-Ubie Phase 2, a key project in the Niger Delta that will help to boost gas supply to the domestic market and maintain supply to the export market. The company expects to reach peak production at Gbaran-Ubie Phase 2, in 2019 with around 175,000 barrels of oil equivalent per day.

Major players operating in the global oilfield chemicals market include, Baker Hughes Inc., Halliburton, Schlumberger Ltd., Weatherford International Ltd, Diamoco Group, Royal Dutch Shell Plc, Solvay S.A, and The Egyptian Mud Engineering & Chemicals Company.

Oilfield chemicals enable the production of oil & gas and make it more efficient. Various chemicals are used at diverse stages of process, starting from the borehole drilling, to stimulation and production, and finally to the closing of the borehole. Organic and inorganic, both chemicals are used as base chemicals that provide distinct and sophisticated functionalities such as matrix fluid or as weighting agents in order to increase the specific weight of the drilling fluid.

Oilfield chemicals are used as cementing super plasticizers, corrosion inhibitors, emulsion breakers, drilling additives, and paraffin dispersants. Global oilfield chemicals market continues to witness strong growth as it has led to cost-effective production, extraction, and exploration of oil and natural gas. Oil field chemicals contribute in achieving the greater efficiency and productivity, which cost-effectively maximize the recovery of oil and gas reserves, while minimizing the impact on the environment.

Market Dynamics

Based on applications, oilfield chemicals has been segregated into upstream, midstream, and downstream chemicals. Furthermore, under upstream segment, drilling chemicals category held the significant market share of around 15.0% in the global market in 2018. The growth in unconventional and offshore fields is likely to propel the demand for oilfield chemicals in the coming years.

Among regions, Asia Pacific held dominant position in the global oilfield chemicals market in terms of revenue share, in 2018. Factors such as increasing demand for petroleum-based fuel from transportation sector is predicted to boost the demand for oilfield chemicals in the region. Furthermore, growing number of deep-water drilling operations is likely to provide impetus opportunities for industry players in Asia Pacific in the near future.

Key features of the study:

  • This report provides in-depth analysis of global oilfield chemicals market and provides market size (US$ Million and KT) and Compound Annual Growth Rate (CAGR 5.5%) for the forecast period (2019–2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global oilfield chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Baker Hughes Inc., Halliburton, Schlumberger Ltd., Weatherford International Ltd, Diamoco Group, Royal Dutch Shell Plc, Solvay S.A, and The Egyptian Mud Engineering & Chemicals Company.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global oilfield chemicals market report caters to various stakeholders in this industry including investors, suppliers, oilfield chemicals manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global oilfield chemicals market

Detailed Segmentation:

  • Global Oilfield Chemicals Market, By Application:
    • Upstream
        • Drilling Chemicals
        • Cementing Chemicals
        • Production Chemicals
        • Workover & Competion (incl. Flowlines and Production Pipelines)
        • Stimulation Chemicals
        • Enhanced Oil Recovery Chemicals
    • Midstream
        • Flow Assurance
        • Cargo Additives
        • Water Treatment Chemicals
        • Desalting Chemicals
        • Slop Oil Movement
        • Others
    • Downstream
        • Petrochemical Additives
        • Refinery Process Chemical
        • Refinery and Finished Fuel Additives
  • Global Oilfield Chemicals Market, By Region:
    • North America
      • U.S.
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Canada
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
    • South America
      • Brazil
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Colombia
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Mexico
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Rest of South America
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
    • Europe
      • Russia
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Denmark
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Norway
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Italy
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • U.K.
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Ukraine
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Rest of Europe
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
    • Asia Pacific
      • China
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • India
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Kazakhstan
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • ASEAN
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Australia
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Rest of Asia Pacific
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
    • Middle East
      • Iran
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Iraq
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Kuwait
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Qatar
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Rest of Middle East
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
    • Africa
      • Nigeria
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Algeria
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Angola
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Egypt
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Libya
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Sudan
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Chad
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • South Africa
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Republic of Congo
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Equatorial Guinea
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Gabon
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
      • Rest of Africa
        • By Application:
          • Upstream
            • Drilling Chemicals
            • Cementing Chemicals
            • Production Chemicals
            • Workover & Competion (incl. Flowlines and Production Pipelines)
            • Stimulation Chemicals
            • Enhanced Oil Recovery Chemicals
          • Midstream
            • Flow Assurance
            • Cargo Additives
            • Water Treatment Chemicals
            • Desalting Chemicals
            • Slop Oil Movement
            • Others
          • Downstream
            • Petrochemical Additives
            • Refinery Process Chemical
            • Refinery and Finished Fuel Additives
  • Company Profiles
    • Baker Hughes Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Halliburton
    • Schlumberger Ltd.
    • Weatherford International Ltd
    • Diamoco Group
    • Royal Dutch Shell Plc
    • Solvay S.A
    • The Egyptian Mud Engineering & Chemicals Company

 “*” marked represents similar segmentation in other categories in the respective section.

 

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • PEST Analysis
      • PORTER Analysis
      • Industry Trend
      • Mergers and Acquisitions
    • Cost Tier Down Analysis
  4. Global Oilfield Chemicals Market, By Application, 2017 - 2027 (US$ Million and KT)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Upstream
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2027, (US$ Million and KT)
        • Drilling Chemicals
          • Weighting Materials
          • Viscosifiers
          • Defoamers and Foaming Agents
          • Shale Inhibitors
          • Fluid Loss Agents
          • Loss Control Absorbents
          • Rheology Modifiers
          • Wetting Agents
          • Biocides
          • Others
        • Cementing Chemicals
          • Fluid Loss Control Additives
          • Accelerators & Retarders
          • Extenders
          • Biocides
          • Others
        • Production Chemicals
          • Demulsifiers
          • Corrosion & Scale Inhibitors
          • Asphaltene & Paraffin Inhibitors
          • Others
        • Workover & Competion (incl. Flowlines and Production Pipelines)
          • Biocides
          • Friction Reducers
          • Free Flow/Anticaking Agents
          • Corrosion & Scale Inhibitors
          • Others
        • Stimulation Chemicals
          • Fracturing Fluid Additives
          • Gelling Agents
          • Acids
          • Others
        • Enhanced Oil Recovery Chemicals
          • Surfactants
          • Swelling Agents
          • Acid Gas Thickeners
          • Polymer Gel
          • Others
    • Midstream
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and KT)
        • Flow Assurance
          • Biocides
          • Gas Hydrate Inhibitors
          • Drag Reducers
          • Paraffin Inhibitors
          • Pour Point Depressants
          • Scale Inhibitors
          • Asphaltene Inhibitors
          • Emulsion Breakers
          • Wax Dispersants
          • Others
        • Cargo Additives
          • Water Treatment Chemicals
          • Oxygen Scavengers
          • Tank Cleaners
          • Solids Release Agents
          • Flocculants
          • CO2 and H2S Absorbents
          • Anti Foulants
          • Nanofiltration Membranes
          • Others
        • Desalting Chemicals
        • Slop Oil Movement
        • Others
    • Downstream
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and KT)
        • Petrochemical Additives
          • Antifoams
          • Antifoulants
          • Antioxidants
          • Antipolymerants
          • Neutralizers
          • Wetting Agents
          • Passivators
          • Dehazers and Emulsion Preventatives
          • Aldol Inhibitors
          • Dispersants
          • Others
        • Refinery Process Chemical
          • Corrosion inhibitors
          • Surry Settling Aids
          • Polymers
          • Conductivity Improvers
          • Reactor Bed Agglomerants
          • Demulsifies
          • Cleaners
          • Others
        • Refinery and Finished Fuel Additives
          • Biocides
          • Mercaptan scavengers
          • Pipeline/Rust Corrosion Inhibitors
          • Pour Point Depressants
          • Lubricity Additives
          • Cold Flow Plugging Point Addditves
          • Multipurpose Additive Packages
          • Stability Additives.
          • Metal Deactivators
          • Low Temperature Flow Test Additives
          • Others
  5. Global Oilfield Chemicals Market, By Region, 2017 - 2027 (US$ Million and KT)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
    • South America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
            • Colombia
            • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Rest of South America
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Russia
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Denmark
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Norway
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Ukraine
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Kazakhstan
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
    • Middle East
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Saudi Arabia
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Iran
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Iraq
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Kuwait
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Qatar
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
    • Africa
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Nigeria
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Algeria
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Angola
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Egypt
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Libya
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Sudan
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Chad
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • South Africa
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Republic of Congo
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Equatorial Guinea
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Gabon
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
        • Rest of Africa
          • Regional Trends
          • Market Size and Forecast, By Application, 2017 – 2027 (US$ Million and KT)
  6. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Baker Hughes Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Halliburton
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Schlumberger Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Weatherford International Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Diamoco Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Dutch Shell Plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Solvay S.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Egyptian Mud Engineering & Chemicals Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 1360 market data tables* and 22 figures* on "Oilfield Chemicals Market” - Global forecast to 2027.

 

Frequently Asked Questions

The global oilfield chemicals market is estimated to reach US$ 94,069.7 Million by 2027.
Major players operating in the global oilfield chemicals market include Baker Hughes Inc., Halliburton, Schlumberger Ltd., Weatherford International Ltd, Diamoco Group, Royal Dutch Shell Plc, Solvay S.A, and The Egyptian Mud Engineering & Chemicals Company.
Increasing environmental concerns and price fluctuation of crude oil are some of the major factors that are expected to hamper growth of the market over the forecast period.
Rapid expansion of shale oil & gas drilling & production and growth in deep-water & ultra-deep-water drilling projects, is one of the major factors that is expected to propel growth of the market over the forecast period.
The global oilfield chemicals market is estimated to exhibit a CAGR of 5.5% over the forecast period (2019-2027).
Among regions, North America accounted for major market share in the global oilfield chemicals market in 2018.
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