Global Oilfield Scale Inhibitor Market - 2021-2028

Global Oilfield Scale Inhibitor Market - 2021-2028

Global Oilfield Scale Inhibitor Market Overview

The global oilfield scale inhibitor market size was worth US$ XX billion in 2020 and is projected to show significant growth by reaching up to US$ XX billion by 2028, growing at a CAGR of XX% within the forecast period (2021-2028).

Oilfield scale inhibition is a process of preventing scale formation from blocking or hindering the movement of fluid by pipes, valves and pumps used in oil production and refining. Scale inhibitors are chemicals that stop or interrupt the nucleation, precipitation and subsequent co-adherence of inorganic compounds to production conduits and processing facilities, main elements that are vulnerable to scaling problems. Scale inhibitor performance is influenced by various factors such as magnesium and calcium ion levels, temperature, pH, and prevalence of other corrosive chemicals in brine mixtures generated during oil and gas well drilling. Ideally, a scale inhibitor's overall inhibitory concentration (MIC) is 0.5 to 20 ppm. On the other hand, in high-temperature, high-pressure fields with extreme-scale issues, the maximum inhibitory concentration may be close or more than a few 100 ppm.

Oilfield Scale Inhibitor Dynamics

The global oilfield scale inhibitor market is driven by expanding oil industry in different regions of the globe. The increasing demand for biodegradable oilfield scale inhibitors creates immense opportunities for the product to proliferate in the market.

Expanding usage of plastic to give an aesthetic look to the product and rising demand for packaged food in recent times

As per recent industrial statistics, during 1990 and 2011, the volume of global oil reserves improved significantly from just over 1 billion barrels to nearly 1.7 billion duirng the timeframe. Since from then, the oil reserves quantity across the world has remained roughly the same, with a slight increase in recent years. These oilfield industries are comprised of pipes, wells, valves, and pumps, which are highly prone to get the formation of sulfate and carbonate scales. These scales consist of dense deposits of calcium carbonate and sulfate accumulating over time. It decreases the pipeline diameter as the deposited layer thickens and gradually creates blockages that interfere with fluid movement and restrict flow, decreasing production or, in the worst cases, completely stopping production. The removal of scale accumulation from oilfield water systems takes several hours and results in an expensive machinery shutdown. An efficient way to keep oil processing systems clean and minimize equipment downtime is to avoid buildup with a scale inhibitor. Therefore the growing demand for scale inhibitors to hinder the growth of scale accumulator is expected to boost oilfield scale inhibitors in the forecast period.

The availability of different types of oilfield scale inhibitors in the market creates immense opportunities for the market to target a high customer base.

Two major scale classifications are known; inorganic and organic scales are mutually inclusive, and the two forms occur concurrently in the same system, known as mixed scale. Mixed scales can result in highly complex, difficult-to-treat standardized scales. Such scales require violent, serious and often expensive remediation techniques. The most commonly found organic scales in the oil industry are paraffin wax, asphalt and gas hydrates. Owing to improved thermal stability and better environmental compatibility, polymeric scale inhibitors are commonly used in the oil and gas industry. However, the squeezing efficiency of such threshold inhibitors, not only polymeric scale inhibitors but also phosphonates, is typically poor in conventional squeeze treatment. Thus the presence of different categories of oilfield scale inhibitors creates immense opportunities for the product to target a wider range of applications.

Increasing demand for biodegradable oilfield scale inhibitors creates immense opportunities for the product to proliferate in the market.

A significant oil field problem that is harmful to water injection systems is the creation of scales. The use of scale inhibitors is the most effective means of delivering and preventing scale deposition. In terms of their inhibition efficiency on CaCO3 scaling water, the two environmentally friendly scale inhibitors, origin polyaspartic acid (PAS) and polymer of maleic acid (PMA). For the past many decades, a big problem for all sectors has been environmental pollution. Several governments and regional economic integration organizations have since developed programs worldwide to recognize and evaluate substances that could cause long-term harm. Thus stringent government regulations towards the safety of the environment lead to the development of biodegradable oilfield scale inhibitors, which created immense opportunities for the product to overcome the challenges faced by chemical oilfield scale inhibitors.

COVID-19 Impact Analysis

The global oilfield inhibitors have shown a slight decline due to the COVID-19 pandemic, as several manufacturing plants were shut for months. Further several countries have restricted production activities during the covid-19 pandemic. The oil industry faced operational concerns as companies focused on protecting their employees while companies have to manage supply chains carefully since virus-related restrictions may impede supplier delivery timing.

The majority of businesses are shut down, and operations across several end-users of oilfield inhibitors products such as oilfield industries are also compromised, thus dropping the product's global demand in 2020.

Oilfield Scale Inhibitors Market Segment Analysis

The global color concentrate market is segmented based on type, application and region.

Carboxylate/acrylic comply with the legal requirements; complying with environmental regulations due to the absence of phosphorus, therefore leading the market table of oilfield scale inhibitors in recent times.

The global oilfield scale inhibitors market is bifurcated into phosphonates, sulfonates, carboxylate/acrylic, and others in terms of type. Out of the mentioned types, carboxylate/acrylic is dominating the oilfield scale inhibitors Calcium carbonate, zinc, and iron scales are widely used to resist carboxylate/acrylic-based scale inhibitors as they comply with the legal requirements; complying with environmental regulations due to the absence of phosphorus. This is a boosting factor for this type's market as strict environmental rules and regulations lead to eco-friendly oilfield scale inhibitor use. However, in the oil industry, sulfonate-based scale inhibitors are used in the form of copolymers. They are used to avoid scales of the most common type of barium sulfate produced in oil and gas operations and in the process of desalination. The demand for this sort is expected to expand rapidly with new oil and gas discoveries.

Oilfield Scale Inhibitors Market Geographical Analysis

Rising oil field and reserves in North America is triggering the growth oilfield scale inhibitors in the region

North America is likely to build the global oilfield scale inhibitors market at the fastest rate during the forecast period. However, the Middle East & Africa market for oilfield scale inhibitors is expected to deliver substantial opportunities for expansion across all regions. The region has many oil and gas reserves and is a famous region that exports oil. However, political instability and the scarcity of efficient construction facilities are projected to hamper activities related to the oil and gas sector, particularly in Africa.

Oilfield Scale Inhibitors Market Competitive Landscape

The oilfield scale inhibitors market is highly fragmented with the presence of global players. Some of the key players contributing to the growth of the market include The Dow Chemical Company, Kemira OYJ, BASF SE, Solvay S.A, AkzoNobel Oilfield, Halliburton Company, Schlumberger Limited, Baker Hughes Incorporated, GE Power & Water Process Technologies, E. I. du Pont de Nemours and Company and among others.

The major players are adopting several growth strategies such as product launches, acquisitions and partnership, contributing to the growth of the oilfield scale market globally. The key players collaborate or acquire to build revenue for their firms.
• In September 2014, Kemira launched novel scale inhibition monitoring technology at the SPE International Oilfield Scale Conference. Kemira's new scale inhibition technology uses a new detection protocol for the study and measurement of polymer scale inhibitors in oilfield produced water.

Halliburton Business

Overview: The Halliburton Business is a multinational corporation based in America. It is one of the largest oil field service companies in the world and has operations in more than 70 nations. It has hundreds of subsidiaries, affiliates, branches, labels, and divisions worldwide and employs around 55,000 people worldwide.

Product Portfolio: The company has a product portfolio of oilfield scale inhibitors includes:

Specialty Chemicals: The Company is offering a wide range of oilfield chemicals from the reservoir to the refinery. The product offer solutions such as asset integrity, flow assurance, phase separation and others.

Key Development:
• In 2021, Enexor BioEnergy, LLC, of Franklin, Tenn., announced the selection news of the company as one of the company among three companies to participate in the Halliburton Labs’ clean technology accelerator program which involves academics, entrepreneurs, and investors come together in a collaborative environment to advance a cleaner, affordable energy.

Why Purchase the Report?
• Visualize the oilfield scale inhibitors market segmentation by type, application and highlight key commercial assets and players.
• Identify commercial opportunities in the oilfield scale inhibitors market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of oilfield scale inhibitors market-level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global oilfield scale inhibitors market report would provide access to an approx: 53 market data table, 42 figures and 221 pages.

Target Audience 2022
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