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Global Oil Field Bio-solvents Market 2017-2021

Global Oil Field Bio-solvents Market 2017-2021

About Oil field Bio Solvents

Oilfield bio solvents are solvents rendered from renewable resources of biological origin such as fruits, plants, and others. They are mainly found in liquid form and have low carbon content. Some of the important oilfield bio solvents are hydrocarbons, ester, ether, alcohols, glycol, and others. Oilfield bio solvents are employed to prevent the impact of volatile organic compounds (VOC) on the environment. The derivation of bio solvents from renewable resources makes oilfield bio solvents show high performance as carrier solvents, formulating ingredients, and cleaning solvents. Oilfield bio solvents demonstrate the excellent ability of solvating pigments, resins, and oils and greases in different oilfield applications.

Technavio’s analysts forecast the global oil field bio-solvents market to grow at a CAGR of 4.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global oil field bio-solvents market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Oil Field Bio-solvents market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashburn Chemical Technologies
  • Croda
  • The Dow Chemical Company
  • Stephan Company
Market driver
  • Increasing demand for environment-friendly products
  • For a full, detailed list, view our report
Market challenge
  • Variations pertaining to the availability of raw materials for bio-based solvents
  • For a full, detailed list, view our report
Market trend
  • Increasing commercialization of bio solvents
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Oil Field Bio-solvents market 2017-2021

Technavio recognizes the following companies as the key players in the global oil field bio-solvents market: Ashburn Chemical Technologies, Croda, Stephan Company, and The Dow Chemical Company.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing commercialization of bio solvents. The global oilfield biocides and bio solvents market is expected to witness the emergence of oilfield biocides such as chlorine dioxide (ClO2). The rapid development of hydraulic fracturing and unconventional shale gas has led to the increased use of ClO2 in microbiological control technology, especially for frac water disinfection. The increasing preference of ClO2 is backed by its excellent properties such as prevention of souring and enhanced flow assurance in oilfields. ClO2 also offers an optimal solution for hydraulic fracturing and fly treatment of water. It treats the contamination caused by spores and bacteria. Some of the other advantages of ClO2 are lower dosage requirement, enhanced real-time control and monitoring, improved safety, and proven low environmental footprint. In addition, the global oilfield biocides and bio solvents market is expected to witness increasing commercialization of bio solvents. Bioethanol and methyl soyate are some of the solvents that are responsible for the increasing rates of commercialization.”

According to the report, Increasing demand for environment-friendly products. The global oilfield bio solvents markets have witnessed increasing customer focus and demand for environment-friendly materials or products, such as green and bio solvents. The global green and bio solvents are estimated to grow at a CAGR of 8.47% during the forecast period 2017-2021. The need for sustainable, and greener chemicals has prompted numerous research activities into renewable feedstock processing. To yield chemicals (bio) of interest, not only plants but also a variety of wastes may be exploited — from fruits to ashes associated with biomass incinerators.

Further, the report states that Variations pertaining to the availability of raw materials for bio-based solvents. Bio solvents depend primarily on the availability of feedstock, such as sugar cane, corn, oranges, tapioca, and wheat among others. The production of such crops depends upon climatic conditions. The production varies considerably every year and is subject to external factors such as excess rainfall, plagues of locusts, frost, and hurricanes. The non-availability of raw materials or fluctuations in the availability has a negative impact on the global oil-biocides and bio solvents market and could lead to high production costs.

Companies Mentioned

Ashburn Chemical Technologies, Croda, Stephan Company, and The Dow Chemical Company.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast
      • Table Global oilfield bio solvents market 2016-2021 ($ millions)
      • Table Global – Year-over-year growth 2017-2021 (% share)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by type
    • Segmentation by type
      • Table Global oilfield bio solvents market by type 2016-2021 (%)
    • Comparison by type
      • Table Comparison by product
    • Global oilfield bio-solvents market for hydrocarbons
      • Table Global oilfield bio-solvents market for hydrocarbons 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for hydrocarbons – Year-over-year growth 2017-2021 (% share)
    • Global oilfield bio-solvents market for alcohols
      • Table Global oilfield bio-solvents market for alcohols 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for alcohols– Year-over-year growth 2017-2021 (% share)
    • Global oilfield bio-solvents market for glycols
      • Table Global oilfield bio-solvents market for glycols 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for glycols – Year-over-year growth 2017-2021 (% share)
    • Global oilfield bio-solvents market for ester
      • Table Global oilfield bio-solvents market for ester 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for ester – Year-over-year growth 2017-2021 (% share)
    • Global oilfield bio-solvents market for ether
      • Table Global oilfield bio-solvents market for ether 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for ether – Year-over-year growth 2017-2021 (% share)
    • Global oilfield bio-solvents market for others
      • Table Global oilfield bio-solvents market for others 2016-2021 ($ millions)
      • Table Global oilfield bio-solvents market for others – Year-over-year growth 2017-2021 (% share)
    • Market opportunity by product
      • Table Market opportunity by product
  • Regional landscape
    • Geographical segmentation
      • Table Global oilfield bio-solvents market– Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Oilfield bio-solvents market in the Americas 2016- 2021
      • Table Oilfield bio-solvents market in the Americas 2016-2021 ($ millions)
      • Table Oilfield bio-solvents market in Americas – Year-over-year growth 2017-2021 (% share)
      • Table Oil and gas industry projects in the US 2017
      • Table Top 3 countries in the Americas
    • Oilfield bio-solvents market in EMEA 2016-2021
      • Table Oilfield bio-solvents market in EMEA 2016-2021 ($ millions)
      • Table Oilfield bio-solvents market in EMEA – Year-over-year growth 2017-2021 (% share)
      • Table Top 3 countries in EMEA
    • Oilfield bio-solvents market in APAC 2016-2021
      • Table Oilfield bio-solvents market in APAC 2016-2021 ($ millions)
      • Table Oilfield bio-solvents market in APAC – Year-over-year growth 2017-2021 (% share)
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Table Growth of the global green and bio solvents market 2015-2020 ($ billions)
    • Market challenges
  • Market trends
    • Increasing commercialization of bio solvents
    • Bio-based terpenes as a novel replacement for toluene and xylene
  • Vendor analysis
    • Vendors covered
  • Appendix
    • List of abbreviations
  • Explore Technavio

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