Asphaltene and paraffin inhibitors find widespread use in oil exploration and processing activities. Asphaltenes are naturally occurring molecules in crude oil, which possess high molecular weight and limited solubility in crude oil. Paraffins are naturally occurring saturated hydrocarbon molecules that are largely found in liquid crude oils. Together asphaltenes and paraffins represent organic deposits that form in and around the wellbore and cause clogging of oil wells and flow lines. Paraffin or asphaltene deposition problems are also aggravated when oils from different wells are commingled during production and transportation. To prevent clogging and keep the asphaltene and paraffin particles in suspension and soluble in the fluid, paraffin and asphaltene inhibitors are employed. Asphaltene and paraffin inhibitors are oilfield production chemicals with their demand directly dependent upon growth in oil extraction. The market is therefore poised to benefit from the increase in the number of drilling rigs; sustained activity in the oil and gas exploration space; maturity of domestic crude oil fields and the need for increasing production in these wells; and emphasis on new well discoveries especially in deepwater locations in developing regions.
In 2019, the market size of Asphaltene and Paraffin Inhibitors is 760 million US$ and it will reach 1020 million US$ in 2025, growing at a CAGR of 3.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Asphaltene and Paraffin Inhibitors.
This report studies the global market size of Asphaltene and Paraffin Inhibitors, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Asphaltene and Paraffin Inhibitors production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Akzo Nobel Surface Chemistry
AES Arabia
Baker Hughesorporated
Caradan Chemicals
Clariant
Croda International
Deep South Chemicals
EMEC
Force Chem Technologies
Halliburton
Innospec
Janus Energy Resources
Kosta Oil Field Technologies
LLC FLEK
NALCO Champion
Newpark Resources
Schlumberger Limited
M-I SWACO
Rocanda Enterprises
Roemex Limited
Market Segment by Product Type
Paraffin inhibitor
Asphaltene inhibitor
Market Segment by Application
Offshore oil
Onshore oil
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Asphaltene and Paraffin Inhibitors status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Asphaltene and Paraffin Inhibitors manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Asphaltene and Paraffin Inhibitors are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Asphaltene and Paraffin Inhibitors. Industry analysis & Market Report on Asphaltene and Paraffin Inhibitors is a syndicated market report, published as Global (United States, European Union and China) Asphaltene and Paraffin Inhibitors Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Asphaltene and Paraffin Inhibitors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.