The Specialty Oilfield Chemicals Market worth $12.4 Billion by 2019
DALLAS, July 2, 2014 /PRNewswire/ –
The report “Specialty oilfield Chemical Market, By Type (Corrosion & Scale Inhibitors,
Biocides, Demulsifier, Pour Point Depressants, Surfactants, advanced polymers, and
others), Application (Drilling Fluid, Well Stimulation, Production Chemicals, Workover &
Completion, and Enhanced Oil Recovery), and Geography-Regional Trend & Forecast to 2019″
by MarketsandMarkets, defines and segments the Specialty Oilfield Chemicals Market with an
analysis and forecast of types and applications of specialty oilfield chemicals.
Browse 84 market data tables and 22 figures spread through 225 pages and in-depth TOC
on “Specialty oilfield Chemical Market – Regional Trend & Forecast to 2019″
Early buyers will receive 10% customization on this report.
Specialty oilfield chemicals are divided into two types that are specialty chemicals
and advanced polymers. These are further segmented into corrosion & scale inhibitor,
biocides, demulsifiers, pour-point depressants, surfactants, and others. Along with this,
the applications of specialty oilfield chemicals markets that are drilling fluids, well
stimulation, production, cementing, work over and completion chemicals, and enhanced oil
recovery, and geography are also discussed.
It also identifies the driving and restraining factors for the Specialty Oilfield
Chemicals Market with an analysis of trends, opportunities, and winning imperatives. The
market is segmented and the value has been forecasted on the basis of major regions such
as North America, Europe, Africa and the Middle East, Latin America, and Asia-Pacific.
North America is the major region for specialty oilfield chemicals market
The Specialty Oilfield Chemicals Market is segmented into six applications markets:
drilling fluids, well stimulation, production, cementing, work over and completion
chemicals, and enhanced oil recovery. Drilling fluid is the largest application market for
specialty oilfield chemicals accounting for majority of the share.
Global Specialty Oilfield Chemicals Market to Reach $12.4 Billion by 2019
The market for specialty oilfield chemicals is expected to reach $12.4 billion by
2019, growing at a CAGR of 5.9% between 2014 and 2019. North America dominated the
Specialty Oilfield Chemicals Market in 2013. It is expected to remain the major market by
2019, growing at a CAGR of 5.8% between 2014 and 2019.
Demulsifier and corrosion & scale inhibitors are the major specialty oilfield
chemicals accounting for more than 65% of the market in 2013
Demulsifiers held major share in the specialty oilfield chemicals in 2013 and trend is
expected to continue by 2019. Corrosion & scale inhibitors are the second largest market
for the specialty oilfield chemicals. Surfactant is expected to grow at a higher rate
owing to the increasing consumption of surfactants in EOR application.
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