Oilfield Chemicals Market Capacity, Revenue Generation, Investment Trends, Regulations and Company Profiles 2017-2026 – iCrowdNewswire
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Oct 11, 2018 5:01 PM ET

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Oilfield Chemicals Market Capacity, Revenue Generation, Investment Trends, Regulations and Company Profiles 2017-2026

iCrowdNewswire - Oct 11, 2018

Global Oilfield Chemicals Market Research Report 2017 Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.

The moderate increase currently and expected boom in the near future of crude oil prices are expected to bring about increases in demand for oilfield chemicals that are used in well drilling & completion, hydraulic fracturing and EOR operations. The revival of drilling operations in the existing wells owing to increase in crude prices to a feasible level and the rise in drilling of unconventional wells for pilot project and also for production especially in the North American and North Sea regions will add to demand for these products. The enhanced technologies currently utilized for developing shale gas and tight oil resources have evolved as major trend over the past years. This will include the ongoing trend towards fracturing fluids for slick water and also high-performance drilling mud chemicals.

The global oilfield chemicals market is anticipated to reach USD 35.08 billion by 2026 according to a new study published by Polaris Market Research.

Request a Sample of the Report : https://www.polarismarketresearch.com/industry-analysis/oilfield-chemicals-market/request-for-free-sample

Development of several chemical formulations that can address environmental concerns will have an important impact on its market, promoting to added demand for high quality environmentally friendly chemicals, including less toxic biocides and biodegradable shale inhibitors. Offshore operations are anticipated to stay vital contributor for the market globally and the necessity for environmentally compatible chemicals and fluids will be leading in the offshore environments.

Some of the key players in the global market include:

Clariant
Solvay
NALCO
Croda International Plc
Baker Hughes
Kemira
Halliburton
Schlumberger Limited
Stepan Company
Akzo Nobel N.V.
The Lubrizol Corporation
BASF SE
Dow Chemical.

Projections for raw materials used for the development of oilfield chemicals are entrenched in the finished products outlook in which these are used. Polymers and acids used in such stimulation chemicals are expected to register higher growth, driven by constant expansion of the well stimulation technologies. However, clays along with other commodities used in the drilling fluids are anticipated to decline moderately early over the forecast period.

For More Details , Visit : https://www.polarismarketresearch.com/industry-analysis/oilfield-chemicals-market/

Increasing concerns for pollution of groundwater and the environment are some of the major concerns for the industry participants. Companies have been investing significantly in R&D operations to constantly upgrade their products and offer novel chemicals to the upstream sector that satisfy every aspect of environmental regulations thus enhancing the required parameters of operations.

North America is expected to be the largest market by the end of the forecast period. The U.S. market is anticipated to grow at a CAGR of around 4% from 2018 to 2026. After a short term decline in demand for these products in the country, the growing exploration and production from unconventional wells have played a major role boosting its demand again. Hydraulic fracturing is anticipated to be one of the major application segments globally. Despite the low crude prices, increase in average volume of chemicals used per well during 2017 was a primary factor driving the market.

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.  Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-

Mr. Neel

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

Web: www.polarismarketresearch.com

Contact Information:

Contact us-


Mr. Neel

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

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