In this report,global Specialty Oilfield Chemicals Market is expected to reach US$33.6 billion by 2021, growing at a CAGR of 3.6% from 2016 to 2021
Specialty oilfield chemicals refers to a series of chemicals used in the process of petroleum and gas drilling, mining and transportation, water treatment and enhanced oil recovery. The applications of specialty oilfield chemicals in oilfield include drilling fluids, cementing, completion, stimulation, production and EOR (Enhanced Oil Recovery Chemicals), delivery, etc.
The production market share of global Specialty Oilfield Chemicals in Drilling fluids uses, cementing use, Completion & Stimulation use, Production & Delivery use and other applications have been stable year by year, at 41.52%, 9.17%, 25.72% and 23.59% respectively in 2015, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Specialty Oilfield Chemicals in the global market tends to be fixed without great changes. Among them, the Specialty Oilfield Chemicals market has the most promising sales prospects in drilling fluids use.
In the world, the consumption areas of specialty oilfield chemicals are mainly USA, Europe, China, Middle East and the Latin America. USA is the largest consumer in the world, which occupied about 45.75% in 2014. The production areas of specialty oilfield chemicals are mainly USA, Europe and China. Moreover, Schlumberger is the largest manufacturer in the world, which production has reached 1194.6K MT in 2014. The global production average growth has reached 6.72% in 2014. The Chinese production average growth has reached 11.47% in 2014.
Schlumberger is the largest company in the global Specialty Oilfield Chemicals market, accounted for 14.57% of the revenue market share in 2015, followed by Halliburton and Dow, accounted for 14.27% and 7.06% of the revenue market share in 2015. The Specialty Oilfield Chemicals industry is not concentrated, these manufacturers range from large multinational corporations to small privately-owned companies compete in this industry. The top five producers account for around 45 % of the revenue market.
Geographically, global Specialty Oilfield Chemicals market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Schlumberger
Halliburton
Dow
BASF
Akzonobel NV
Clariant
Nalco Champion
Lubrizol
Solvay
Albemarle
Flotek Industries
Borregaard LignoTech
Chevron Phillips
CESTC
Newpark Resources
Croda
Innospec
Calumet
Ashland
TETRA Technologies
Others
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Drilling fluids
Cementing and stimulation
Oil production
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Specialty Oilfield Chemicals for each application, including
Drilling fluids
Cementing
Completion & Stimulation
Production & Delivery
Production, consumption, revenue, market share and growth rate are the key targets for Specialty Oilfield Chemicals from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on Specialty Oilfield Chemicals . Industry analysis & Market Report on Specialty Oilfield Chemicals is a syndicated market report, published as Global Specialty Oilfield Chemicals Market Research Report 2020 by Manufacturers, Regions, Types and Applications. It is complete Research Study and Industry Analysis of Specialty Oilfield Chemicals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.