World Oilfield Specialty Chemical Market Examined by Azoth Analytics in New Research Report Available at MarketPublishers.com
15 Mar 2016 • by Natalie Aster
LONDON – Globally, the oilfield specialty chemicals market is poised to reach USD 13.65 billion by 2020, at 5.5% CAGR over the period. The present oil price dynamics is set to impact the overall market growth as the decreasing crude oil price will probably offset the marginal income of the specialty oilfield chemicals makers. The exploration of deepwater and unconventional deposits demands sophisticated, specialized chemicals. Considering today’s oil market scenario, their formulation is likely to be an expensive task. Therefore, the market is anticipated to post just over 5.5% CAGR in the years to come. Nevertheless, the sale of production chemicals is not likely to be as impacted as chemicals utilised in stimulation, drilling, and other applications.
Halliburton Co., Schlumberger Limited, BAKER HUGHES Inc., Lubrizol Corp., DOW Chemicals Co., BASF, Evonik Industries, Weatherford International Ltd., AkzoNobel, Omnova Solutions, Inc. and Ecolab Inc. are the dominant players operating in the marketplace.
New market research study “Global Oilfield Specialty Chemical Market” elaborated by Azoth Analytics offers an in-depth analysis of the world oilfield specialty chemical marketplace. The study gives an overview of the global oil & gas industry focusing on crude oil and natural gas production market volumes. It offers an all-round assessment of the total oilfield specialty chemical marketplace covering market sizing by value, growth rates, shares, and forecast. The report segments the market based on application, type, location of application, and breaks up the market based on geography; limelighting the market size estimates, growth tempos, shares plus forecasts.
The publication looks into the key market trends, current and prospective, in tandem with keeping track of emerging opportunities. An overview of the policy and regulatory landscape is given in the report, too. Furthermore, the study canvasses the competitive scene including a granular competitive benchmarking of the top 5 companies. The report also contains comprehensive company profiles of the 11 leading players. Strategic recommendations are available in the study as well.
Historical data are available for 2011-2015, and forecast figures are provided through to 2021.
Global Oilfield Specialty Chemical Market
Published: March, 2016
Price: US$ 2,600.00
More reports elaborated by this publisher can be found at Azoth Analytics page.