November 2, 2020

Oilfield Chemicals Market Projected to Record Highest CAGR by 2020 to 2027

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Oilfield Chemicals Market:

The significant factors contributing to the growth of the global oilfield chemicals market include the rising production of oil and natural gas due to growing demand majorly in emerging countries. Moreover, a rise in the research activities for new oil and natural gas reserves, followed by the growing production of crude oil and inclination towards substitute operations of drilling, are certain factors surging the demand for oilfield chemicals in the market in the upcoming years. In addition to this, an increase in completion, drilling, and production activities and a rise in the enhanced oil recovery activities will accelerate the demand of the market. The growth in the demand for crude oil products and the increasing inclination of manufacturers to develop superior performance oilfield chemicals will bolster the demand for such chemicals in the market in the upcoming years. The factors hindering the growth of the global oilfield chemicals market include the decrease in oil prices.

To know more about this market, request a sample at https://www.gmiresearch.com/report/oilfield-chemicals-market/sample-request

This report splits the Oilfield Chemicals Market as follows:

By Product:

  • Demulsifiers
  • Surfactants
  • Inhibitors
  • Foamers
  • Friction reducers
  • Rheology Modifiers
  • Biocides
  • Others

By Application:

  • Production
  • Drilling
  • Cementing
  • Workover & Completion

By Location:

  • Offshore
  • Onshore

By Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The oilfield chemicals market report also scans the competitive landscape and profiles the major players operating in the market, including BASF SE, DowDuPont Inc., Baker Hughes, Akzo Nobel NV Clariant AG, Albemarle Corporation, Schlumberger Limited, Lubrizol Corporation, Halliburton, and Flotek Industries Inc., among others.

Request for Customization at https://www.gmiresearch.com/report/oilfield-chemicals-market/request-for-customization

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Contact GMI Research

Company Name: GMI RESEARCH
EUROPE OFFICE: Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland
Email: enquiry@gmiresearch.com
Website: https://www.gmiresearch.com