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Global Oilfield Process Chemicals Market 2017-2021

About Oilfield Process Chemicals

Oilfield process chemicals are a class of specialty chemicals that are extensively used in the oil and gas industry. They are used in various phases of oil exploration. Different types of oilfield process chemicals include drilling chemicals, stimulation chemicals, production chemicals, cementing chemicals, workover and completion chemicals, and enhanced oil recovery chemicals. These chemicals, with their use in oilfield operations, help in increasing the overall efficiency and productivity of oil extraction and production processes.

Technavio’s analysts forecast the global oilfield process chemicals market to grow at a CAGR of 5.40% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Oilfield Process Chemicals Market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Oilfield Process Chemicals 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
  • Baker Hughes
  • BASF
  • Halliburton
  • Schlumberger
  • The Dow Chemical company
Other prominent vendors
  • Akzo Nobel
  • Albemarle
  • Ashland
  • CES Energy Solutions
  • Chemex
  • Chevron Phillips Chemical Company
  • Clariant
  • Dorf Ketal
  • DuPont
  • Ecolab
  • Gulf Coast Chemical
  • Huntsman International
  • Lamberti
  • Newpark Resources
  • SICHEM
  • Solvay
  • Stepan
  • Lubrizol
Market driver
  • Increased demand for energy
  • For a full, detailed list, view our report
Market challenge
  • Volatile crude oil prices
  • For a full, detailed list, view our report
Market trend
  • Rising demand for novel chemical products
  • 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 Oilfield Process Chemicals Market 2017-2021

Technavio recognizes the following companies as the key players in the global oilfield process chemicals market: Baker Hughes, BASF, Halliburton, Schlumberger, and The Dow Chemical company.

Other Prominent Vendors in the market are: Akzo Nobel, Albemarle, Ashland, CES Energy Solutions, Chemex, Chevron Phillips Chemical Company, Clariant,Dorf Ketal, DuPont, Ecolab, Gulf Coast Chemical, Huntsman International, Lamberti, Newpark Resources, SICHEM, Solvay, Stepan, and Lubrizol.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising demand for novel chemical products. The oil and gas industry is continuously compelling the oilfield process chemical manufacturers to develop and launch innovative products that meet an extensive range of challenges in terms of quality, pumpability, reliability, deliverability, and environmental compliance along with the required performance standards.”

According to the report, one driver in the market is increased demand for energy. The ever-growing demand for energy has resulted in an increase in onshore and offshore exploration activities. This rise in exploration activities is driving the market for oilfield process chemicals. Crude oil and natural gas play a critical role in the global energy supply chain. In 2016, crude oil emerged to be the largest source of energy around the world accounting for approximately 35% of the global energy demand. The rising oil demand, leading to an increase in exploration and production activity, is enhancing the demand for oilfield process chemicals.

Further, the report states that one challenge in the market is volatile crude oil prices. Persistent price variations of oil pose a major threat to the global oilfield process chemicals market. Owing to the supply-demand variabilities and the unprecedented political situation in the Middle East, which has the major share of world's oil supply, there is an instability in the price of crude oil in the foreign market. This instability has intentionally increased the prices of oilfield process chemicals. Therefore, the manufacturers of oilfield process chemicals are unable to plan and produce accordingly because of the fluctuating crude oil prices.

Companies Mentioned

Baker Hughes, BASF, Halliburton, Schlumberger, The Dow Chemical company, Akzo Nobel, Albemarle, Ashland, CES Energy Solutions, Chemex, Chevron Phillips Chemical Company, Clariant,Dorf Ketal, DuPont, Ecolab, Gulf Coast Chemical, Huntsman International, Lamberti, Newpark Resources, SICHEM, Solvay, Stepan, and Lubrizol.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Value chain of oil and gas industry
      • Table Oilfield process chemical families
  • Market landscape
    • Market overview
      • Table Segmentation of global oilfield process chemicals market
    • Market size and forecast
      • Table Global oilfield process chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global oilfield process chemicals market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global oilfield process chemicals market by product type
      • Table Global oilfield process chemicals market by product type 2016
      • Table Global oilfield process chemicals market by product type 2021
    • Global drilling chemicals market
      • Table Global drilling chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global drilling chemicals market 2016-2021
      • Table Different types of drilling fluids
    • Global stimulation chemicals market
      • Table Global stimulation chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global stimulation chemicals market 2016-2021
      • Table Different types of stimulation additives
    • Global production chemicals market
      • Table Global production chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global production chemicals market 2016-2021
      • Table Different types of production chemicals
    • Global cementing chemicals market
      • Table Global cementing chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global cementing chemicals market 2016-2021
      • Table Different types of cementing chemicals
    • Global workover and completion chemicals market
      • Table Global workover and completion chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global workover and completion chemicals market 2016-2021
      • Table Different types of workover and completion chemicals
    • Global enhanced oil recovery chemicals market
      • Table Global enhanced oil recovery chemicals market 2016 and 2021 ($ millions)
      • Table Market forecast: Global enhanced oil recovery chemicals market 2016-2021
      • Table Different types of enhanced oil recovery chemicals
  • Geographical segmentation
    • Global oilfield process chemicals market by geography
      • Table Global oilfield process chemicals market by geography 2016
      • Table Global oilfield process chemicals market by geography 2021
    • Oilfield process chemicals market in North America
      • Table Oilfield process chemicals market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Oilfield process chemicals market in North America 2016-2021
    • Oilfield process chemicals market in Europe
      • Table Oilfield process chemicals market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Oilfield process chemicals market in Europe 2016-2021
    • Oilfield process chemicals market in APAC
      • Table Oilfield process chemicals market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Oilfield process chemicals market in APAC 2016-2021
    • Oilfield process chemicals market in ROW
      • Table Oilfield process chemicals market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Oilfield process chemicals market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global oil demand 2010-2016 (million barrels per day)
      • Table Shale gas production in US 2010-2016 (billion cubic feet)
      • Table Transportation energy consumption 2012-2040 (quadrillion British thermal units)
      • Table Global transportation sector energy consumption by energy source 2016, 2021, and 2040 (quadrillionBritish thermal units)
    • Market challenges
      • Table Price fluctuations of Brent Crude oil 2005-2016 ($ per barrel)
  • Market trends
    • Rising demand for novel chemical products
    • Biofuels reducing demand for conventional forms of fuel
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Baker Hughes
      • Table Baker Hughes: Business segmentation by revenue 2016
      • Table Baker Hughes: Geographic segmentation by revenue 2016
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016
    • Halliburton
      • Table Halliburton: Business segmentation by revenue 2016
      • Table Halliburton: Geographic segmentation by revenue 2016
    • Schlumberger
      • Table Schlumberger: Recent mergers and acquisitions
      • Table Schlumberger: Business segmentation by revenue 2016
      • Table Schlumberger: Geographic segmentation by revenue 2016
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016
      • Table The Dow Chemical Company: Geographic segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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