The market for specialty oilfield chemicals is approximated to be USD 11.8 billion in 2022, and it is projected to reach USD 14.5 billion by 2027 at a CAGR of 4.2%. Out of eight types (Demulsifiers, Inhibitors & Scavengers, Rheology modifiers, Friction reducers, Specialty biocides, Specialty surfactants, Pour point depressants, and Others), Demulsifiers have the largest market share because it is used to break emulsions that are present in the oil reservoirs, as well as during oil production, transportation, and processing. However, the major factor which drives the market for demulsifiers is the rise in crude oil production which is expected to grow in the forecast period.
By Type, Specialty Biocides accounted for the highest CAGR during the forecast period.
Specialty biocides are used either to completely eliminate or to control microbial growth. They are used to maintain, treat, and optimize oil & gas production from reservoirs by reducing the downtime caused by corrosion and also to clean the well and surface equipment. The biocide usage patterns depend upon the nature of the underlying problem and require different treatments accordingly. With the increasing production of crude oil, the demand for specialty biocide is projected to increase which also supports the growth of the overall specialty oilfield chemicals market in the forecast period.
By Application, Well stimulation segment accounted for the second-highest CAGR during the forecast period
Well stimulation is carried out to increase the productivity of wells, and thereby, enhance the flow of hydrocarbons at or above the projected rate in both new and existing oil wells. This process can be carried out at any time over the lifespan of the well. The increased need to stimulate oil production from mature oil wells drives the demand for hydraulic fracturing or fracking fluids in the well stimulation process. Hence, this drives the market of specialty oilfield chemicals during the forecast period.
North America is projected to account for the fastest-growing in specialty oilfield chemicals market during the forecast period
The fastest-growing specialty oilfield chemicals market is expected to occur in the North American region. The various countries which are covered in this region are US, Canada, and Mexico. Countries such as US and Canada, are expected to rise in the specialty oilfield chemicals market due to growing drilling activities. In addition to this, the demand for specialty oilfield chemicals is driven by the oil & gas industries. There is a rising exploration of shale gas and oil reserves in the region, which is projected to increase during the forecast period and also supports the growth of specialty oilfield chemicals in the same period.
Further in-depth interviews were conducted with the Chief Experience Officer (CXO), Managers, Marketing Officers, Production Officers, and other related key executives from various key companies and organizations operating in the specialty oilfield chemicals market.
- By Company Type: Tier 1: 45%, Tier 2: 22% and Tier 3: 33%
- By Designation: C-level: 50%%, Director: 10%, and Others: 40%
- By Region: North America: 28%, Europe: 18%, Asia Pacific: 18%, Middle East & Africa: 18%, and South America: 9%.
Companies Covered: BASF SE (Germany), Ecolab (US), Clariant (Switzerland), Dow (US), Solvay (Belgium), SLB (US), Halliburton (US), Baker Hughes Company (US), Kemira (Finland), Arkema (France).
Research Coverage
The market study covers the specialty oilfield chemicals market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on application, type, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the specialty oilfield chemicals market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall specialty oilfield chemicals market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities. Moreover, the report provides insights on the following pointers:
- Analysis of key drivers (Increasing the production of crude oil and favorable characteristics of the specialty oilfield chemicals)
- Product Development/Innovation: Detailed insights on current technologies, research & development activities, and new product & service launches in the specialty oilfield chemicals market.
- Market Development: The report analyses the specialty oilfield chemicals market across varied regions
- Market Diversification: Exhaustive information about new products & services, recent developments, and investments in the specialty oilfield chemicals market.
- Competitive Assessment: In-depth assessment of market rankings, growth strategies, and product offerings of leading players like BASF SE (Germany), Ecolab (US), Clariant (Switzerland), Dow (US), Solvay (Belgium), among others in the specialty oilfield chemicals market.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
Figure 1 Specialty Oilfield Chemicals Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
1.7 Limitations
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Specialty Oilfield Chemicals Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Supply-Side Analysis
Figure 3 Market Number Estimation
2.3 Market Number Estimation
2.3.1 Forecast
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
Figure 6 Specialty Oilfield Chemicals Market: Data Triangulation
2.5 Assumptions
2.6 Research Limitations
2.7 Recession Impact
3 Executive Summary
Figure 7 Demulsifiers to Dominate Specialty Oilfield Chemicals Market During Forecast Period
Figure 8 Production Subsegment to Have Highest Market Share During Forecast Period
Figure 9 North America Led Specialty Oilfield Chemicals Market in 2021
4 Premium Insights
4.1 Attractive Opportunities for Players in Specialty Oilfield Chemicals Market
Figure 10 Rising Demand from Crude Oil Production to Drive Market
4.2 North America: Specialty Oilfield Chemicals, by Type and Country
Figure 11 North America: US Accounted for Largest Share of Specialty Oilfield Chemicals Market in 2021
4.3 Specialty Oilfield Chemicals Market, by Application
Figure 12 Production to be Fastest-Growing Segment During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 13 Specialty Oilfield Chemicals Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growth in Crude Oil Production
Table 1 Global Crude Oil and Liquid Fuels Annual Production (Million Barrels Per Day) by Region/Country, 2020-2022
5.2.1.2 Unique Characteristics of Specialty Oilfield Chemicals
5.2.2 Restraints
5.2.2.1 Fluctuations in Crude Oil Prices
Figure 14 Prices of Crude Oil (USD Per Barrel), 2017-2022
5.2.2.2 Geopolitical Issues in Middle East
5.2.3 Opportunities
5.2.3.1 Rise in Aging Oil Reservoirs
5.2.3.2 Exploration of New Oilfields
Table 2 Global Proven Crude Oil Reserves (Million Barrels), by Country/Region, 2018-2021
5.2.4 Challenges
5.2.4.1 Strict Environment Regulations
6 Industry Trends
6.1 Porter's Five Forces Analysis
Figure 15 Porter's Five Forces Analysis
Table 3 Specialty Oilfield Chemicals Market: Porter's Five Forces Analysis
6.1.1 Threat of New Entrants
6.1.2 Threat of Substitutes
6.1.3 Bargaining Power of Suppliers
6.1.4 Bargaining Power of Buyers
6.1.5 Intensity of Competitive Rivalry
6.2 Supply Chain Analysis
6.3 Trade Analysis
Table 4 Oxidation and Gum Inhibitors, Viscosity Improvers, Anti-Corrosive Preparations, and Other Prepared Additives for Mineral Oils or Liquids Used as Mineral Oils (Including Gasoline) (381190) Imports (By Country) in 2022
Table 5 Oxidation and Gum Inhibitors, Viscosity Improvers, Anti-Corrosive Preparations, and Other Prepared Additives for Mineral Oils or Liquids Used as Mineral Oils (Including Gasoline) (381190) Exports (By Country) in 2022
6.4 Technology Analysis
6.4.1 Nanoemulsion
6.4.2 Biodegradable Chemicals
6.5 Regulatory Landscape
Table 6 List of Regulatory Bodies, Government Agencies, and Other Organizations
6.6 Case Studies
Table 7 High-Performance Winterized Paraffin Inhibitor Helps Reduce Thermal Remediation Frequency
Table 8 Scale Deposition Prevention with Anti-Scaling and Water-Compatible Biocide
6.7 Trends/Disruptions Impacting Buyers/Customers
Figure 16 Eco-Friendly Chemicals and Technological Advancements to Change Future Revenue Mix of Suppliers
6.8 Key Conferences and Events, 2022-2023
Table 9 Specialty Oilfield Chemicals Market: Detailed List of Conferences and Events, 2022-2023
6.9 Pricing Analysis
6.9.1 Changes in Specialty Oilfield Chemicals Pricing in 2021
6.10 Market Mapping/Ecosystem Map
Figure 17 Ecosystem Map
6.11 Patent Analysis
6.11.1 Introduction
6.11.2 Methodology
6.11.3 Document Type (2018-2022)
Figure 18 Document Type (2018-2022)
Figure 19 Publication Trends, 2018-2022
6.11.4 Insights
Figure 20 Jurisdiction Analysis (2018-2022)
6.11.5 Top Applicants
Figure 21 Top Applicants, by Number of Patents (Till 2022)
Table 10 List of Patents
7 Specialty Oilfield Chemicals Market, by Application
7.1 Introduction
Figure 22 Production Segment to Record Highest Demand for Specialty Oilfield Chemicals from 2022 to 2027
Table 11 Specialty Oilfield Chemicals Market, by Application, 2017-2020 (USD Million)
Table 12 Specialty Oilfield Chemical Market, by Application, 2017-2020 (Kilotons)
Table 13 Specialty Oilfield Chemicals Market, by Application, 2021-2027 (USD Million)
Table 14 Specialty Oilfield Chemical Market, by Application, 2021-2027 (Kilotons)
7.2 Production
7.2.1 Growing Production of Crude Oil to Propel Market
Table 15 Production: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 16 Production: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 17 Production: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 18 Production: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
7.3 Well Stimulation
7.3.1 Growing Fracking Activities to Boost Market
Table 19 Well Stimulation: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 20 Well Stimulation: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 21 Well Stimulation: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 22 Well Stimulation: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
7.4 Drilling Fluids
7.4.1 Need to Maintain Wellbore Stability to Drive Segment
Table 23 Drilling Fluids: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 24 Drilling Fluids: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 25 Drilling Fluids: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 26 Drilling Fluids: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
7.5 Enhanced Oil Recovery
7.5.1 Need to Recover Oil from Declining or Matured-Stage Reserves to Drive Segment
Table 27 Enhanced Oil Recovery: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 28 Enhanced Oil Recovery: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 29 Enhanced Oil Recovery: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 30 Enhanced Oil Recovery: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
7.6 Cementing
7.6.1 Need to Overcome Numerous Oil Well-Related Problems and Lost Operation Time to Drive Segment
Table 31 Cementing: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 32 Cementing: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 33 Cementing: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 34 Cementing: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
7.7 Workover & Completion
7.7.1 Requirement for Control of Formation Pressures to Drive Segment
Table 35 Workover & Completion: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 36 Workover & Completion: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 37 Workover & Completion: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 38 Workover & Completion: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8 Specialty Oilfield Chemicals Market, by Type
8.1 Introduction
Figure 23 Specialty Oilfield Chemicals Market, by Type, 2022 vs 2027 (USD Million)
Table 39 Specialty Oilfield Chemical Market, by Type, 2017-2020 (USD Million)
Table 40 Specialty Oilfield Chemicals Market, by Type, 2017-2020 (Kilotons)
Table 41 Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 42 Specialty Oilfield Chemicals Market, by Type, 2021-2027 (Kilotons)
8.2 Demulsifiers
8.2.1 Increasing Crude Oil Production to Drive Demand for Demulsifiers
Table 43 Demulsifiers: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 44 Demulsifiers: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 45 Demulsifiers: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 46 Demulsifiers: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.3 Inhibitors & Scavengers
8.3.1 Increased Demand for Inhibitors & Scavengers in Aging Wells to Boost Market
Table 47 Inhibitors & Scavengers: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 48 Inhibitors & Scavengers: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 49 Inhibitors & Scavengers: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 50 Inhibitors & Scavengers: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.4 Rheology Modifiers
8.4.1 Increase in Drilling Activities to Drive Segment
Table 51 Rheology Modifiers: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 52 Rheology Modifiers: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 53 Rheology Modifiers: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 54 Rheology Modifiers: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.5 Friction Reducers
8.5.1 Well-Stimulation Activities to Drive Segment
Table 55 Friction Reducers: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 56 Friction Reducers: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 57 Friction Reducers: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 58 Friction Reducers: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.6 Specialty Biocides
8.6.1 Nee to Reduce or Completely Eliminate Microbial Growth to Drive Segment
Table 59 Specialty Biocides: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 60 Specialty Biocides: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 61 Specialty Biocides: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 62 Specialty Biocides: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.7 Specialty Surfactants
8.7.1 Enhanced Oil Recovery Activities to Drive Segment
Table 63 Specialty Surfactants: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 64 Specialty Surfactants: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 65 Specialty Surfactants: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 66 Specialty Surfactants: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.8 Pour Point Depressants
8.8.1 High Wax Content of Asian Crude Oil to Drive Market
Table 67 Pour Point Depressants: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 68 Pour Point Depressants: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 69 Pour Point Depressants: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 70 Pour Point Depressants: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
8.9 Others
Table 71 Others: Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 72 Others: Specialty Oilfield Chemical Market, by Region, 2017-2020 (Kilotons)
Table 73 Others: Specialty Oilfield Chemicals Market, by Region, 2021-2027 (USD Million)
Table 74 Others: Specialty Oilfield Chemical Market, by Region, 2021-2027 (Kilotons)
9 Specialty Oilfield Chemicals Market, by Region
9.1 Introduction
Figure 24 Regional Snapshot: Specialty Oilfield Chemicals Market Growth Rate, by Country, 2022-2027
Table 75 Specialty Oilfield Chemicals Market, by Region, 2017-2020 (USD Million)
Table 76 Specialty Oilfield Chemical Market, by Region, 2021-2027 (USD Million)
Table 77 Specialty Oilfield Chemicals Market, by Region, 2017-2020 (Kilotons)
Table 78 Specialty Oilfield Chemical Market, by Region 2021-2027 (Kilotons)
9.2 North America
Table 79 North America: Specialty Oilfield Chemicals Market, by Country, 2017-2020 (USD Million)
Table 80 North America: Specialty Oilfield Chemical Market, by Country, 2021-2027 (USD Million)
Table 81 North America: Market, by Country, 2017-2020 (Kilotons)
Table 82 North America: Market, by Country, 2021-2027 (Kilotons)
Table 83 North America: Market, by Type, 2017-2020 (USD Million)
Table 84 North America: Market, by Type, 2021-2027 (USD Million)
Table 85 North America: Market, by Type, 2017-2020 (Kilotons)
Table 86 North America: Market, by Type, 2021-2027 (Kilotons)
Table 87 North America: Market, by Application, 2017-2020 (USD Million)
Table 88 North America: Market, by Application, 2021-2027 (USD Million)
Table 89 North America: Market, by Application, 2017-2020 (Kilotons)
Table 90 North America: Market, by Application, 2021-2027 (Kilotons)
9.2.1 US
9.2.1.1 Growth in Crude Oil Production to Drive Market
Table 91 US: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 92 US: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 93 US: Market, by Type, 2017-2020 (Kilotons)
Table 94 US: Market, by Type, 2021-2027 (Kilotons)
Table 95 US: Market, by Application, 2017-2020 (USD Million)
Table 96 US: Market, by Application, 2021-2027 (USD Million)
Table 97 US: Market, by Application, 2017-2020 (Kilotons)
Table 98 US: Market, by Application, 2021-2027 (Kilotons)
9.2.2 Canada
9.2.2.1 Presence of Crude Oil in Oil Sands to Fuel Market
Table 99 Canada: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 100 Canada: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 101 Canada: Market, by Type, 2017-2020 (Kilotons)
Table 102 Canada: Market, by Type, 2021-2027 (Kilotons)
Table 103 Canada: Market, by Application, 2017-2020 (USD Million)
Table 104 Canada: Market, by Application, 2021-2027 (USD Million)
Table 105 Canada: Market, by Application, 2017-2020 (Kilotons)
Table 106 Canada: Market, by Application, 2021-2027 (Kilotons)
9.2.3 Mexico
9.2.3.1 Growth in Automotive Segment to Boost Market
Table 107 Mexico: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 108 Mexico: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 109 Mexico: Market, by Type, 2017-2020 (Kilotons)
Table 110 Mexico: Market, by Type, 2021-2027 (Kilotons)
Table 111 Mexico: Market, by Application, 2017-2020 (USD Million)
Table 112 Mexico: Market, by Application, 2021-2027 (USD Million)
Table 113 Mexico: Market, by Application, 2017-2020 (Kilotons)
Table 114 Mexico: Market, by Application, 2021-2027 (Kilotons)
9.3 Middle East & Africa
Table 115 Middle East & Africa: Specialty Oilfield Chemicals Market, by Country, 2017-2020 (USD Million)
Table 116 Middle East & Africa: Specialty Oilfield Chemical Market, by Country, 2021-2027 (USD Million)
Table 117 Middle East & Africa: Market, by Country, 2017-2020 (Kilotons)
Table 118 Middle East & Africa: Market, by Country, 2021-2027 (Kilotons)
Table 119 Middle East & Africa: Market, by Type, 2017-2020 (USD Million)
Table 120 Middle East & Africa: Market, by Type, 2021-2027 (USD Million)
Table 121 Middle East & Africa: Market, by Type, 2017-2020 (Kilotons)
Table 122 Middle East & Africa: Market, by Type, 2021-2027 (Kilotons)
Table 123 Middle East & Africa: Market, by Application, 2017-2020 (USD Million)
Table 124 Middle East & Africa: Market, by Application, 2021-2027 (USD Million)
Table 125 Middle East & Africa: Market, by Application, 2017-2020 (Kilotons)
Table 126 Middle East & Africa: Market, by Application, 2021-2027 (Kilotons)
9.3.1 Saudi Arabia
9.3.1.1 Government Initiative to Help Propel Demand
Table 127 Saudi Arabia: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 128 Saudi Arabia: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 129 Saudi Arabia: Market, by Type, 2017-2020 (Kilotons)
Table 130 Saudi Arabia: Market, by Type, 2021-2027 (Kilotons)
Table 131 Saudi Arabia: Market, by Application, 2017-2020 (USD Million)
Table 132 Saudi Arabia: Market, by Application, 2021-2027 (USD Million)
Table 133 Saudi Arabia: Market, by Application, 2017-2020 (Kilotons)
Table 134 Saudi Arabia: Market, by Application, 2021-2027 (Kilotons)
9.3.2 Iran
9.3.2.1 Increasing Crude Oil Production to Support Market Growth
Table 135 Iran: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 136 Iran: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 137 Iran: Market, by Type, 2017-2020 (Kilotons)
Table 138 Iran: Market, by Type, 2021-2027 (Kilotons)
Table 139 Iran: Market, by Application, 2017-2020 (USD Million)
Table 140 Iran: Market, by Application, 2021-2027 (USD Million)
Table 141 Iran: Market, by Application, 2017-2020 (Kilotons)
Table 142 Iran: Market, by Application, 2021-2027 (Kilotons)
9.3.3 Iraq
9.3.3.1 Rising Crude Oil Production Capacity to Drive Demand for Specialty Oilfield Chemicals
Table 143 Iraq: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 144 Iraq: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 145 Iraq: Market, by Type, 2017-2020 (Kilotons)
Table 146 Iraq: Market, by Type, 2021-2027 (Kilotons)
Table 147 Iraq: Market, by Application, 2017-2020 (USD Million)
Table 148 Iraq: Market, by Application, 2021-2027 (USD Million)
Table 149 Iraq: Market, by Application, 2017-2020 (Kilotons)
Table 150 Iraq: Market, by Application, 2021-2027 (Kilotons)
9.3.4 UAE
9.3.4.1 Increase in Oil Recovery Activities to Drive Market
Table 151 UAE: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 152 UAE: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 153 UAE: Market, by Type, 2017-2020 (Kilotons)
Table 154 UAE: Market, by Type, 2021-2027 (Kilotons)
Table 155 UAE: Market, by Application, 2017-2020 (USD Million)
Table 156 UAE: Market, by Application, 2021-2027 (USD Million)
Table 157 UAE: Market, by Application, 2017-2020 (Kilotons)
Table 158 UAE: Market, by Application, 2021-2027 (Kilotons)
9.3.5 Nigeria
9.3.5.1 Projected Rise in Oil Prices to Drive Demand for Specialty Oilfield Chemicals
Table 159 Nigeria: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 160 Nigeria: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 161 Nigeria: Market, by Type, 2017-2020 (Kilotons)
Table 162 Nigeria: Market, by Type, 2021-2027 (Kilotons)
Table 163 Nigeria: Market, by Application, 2017-2020 (USD Million)
Table 164 Nigeria: Market, by Application, 2021-2027 (USD Million)
Table 165 Nigeria: Market, by Application, 2017-2020 (Kilotons)
Table 166 Nigeria: Market, by Application, 2021-2027 (Kilotons)
9.3.6 Rest of Middle East & Africa
Table 167 Rest of Middle East & Africa: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 168 Rest of Middle East & Africa: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 169 Rest of Middle East & Africa: Market, by Type, 2017-2020 (Kilotons)
Table 170 Rest of Middle East & Africa: Market, by Type, 2021-2027 (Kilotons)
Table 171 Rest of Middle East & Africa: Market, by Application, 2017-2020 (USD Million)
Table 172 Rest of Middle East & Africa: Market, by Application, 2021-2027 (USD Million)
Table 173 Rest of Middle East & Africa: Market, by Application, 2017-2020 (Kilotons)
Table 174 Rest of Middle East & Africa: Market, by Application, 2021-2027 (Kilotons)
9.4 Europe
Figure 25 Europe: Specialty Oilfield Chemicals Market Snapshot
Table 175 Europe: Specialty Oilfield Chemical Market, by Country, 2017-2020 (USD Million)
Table 176 Europe: Market, by Country, 2021-2027 (USD Million)
Table 177 Europe: Market, by Country, 2017-2020 (Kilotons)
Table 178 Europe: Market, by Country, 2021-2027 (Kilotons)
Table 179 Europe: Market, by Type, 2017-2020 (USD Million)
Table 180 Europe: Market, by Type, 2021-2027 (USD Million)
Table 181 Europe: Market, by Type, 2017-2020 (Kilotons)
Table 182 Europe: Market, by Type, 2021-2027 (Kilotons)
Table 183 Europe: Market, by Application, 2017-2020 (USD Million)
Table 184 Europe: Market, by Application, 2021-2027 (USD Million)
Table 185 Europe: Market, by Application, 2017-2020 (Kilotons)
Table 186 Europe: Market, by Application, 2021-2027 (Kilotons)
9.4.1 Norway
9.4.1.1 Investment by Oil & Gas Producers to Boost Market
Table 187 Norway: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 188 Norway: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 189 Norway: Market, by Type, 2017-2020 (Kilotons)
Table 190 Norway: Market, by Type, 2021-2027 (Kilotons)
Table 191 Norway: Market, by Application, 2017-2020 (USD Million)
Table 192 Norway: Market, by Application, 2021-2027 (USD Million)
Table 193 Norway: Market, by Application, 2017-2020 (Kilotons)
Table 194 Norway: Market, by Application, 2021-2027 (Kilotons)
9.4.2 UK
9.4.2.1 Investment by Manufacturers of Oil to Strengthen Market
Table 195 UK: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 196 UK: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 197 UK: Market, by Type, 2017-2020 (Kilotons)
Table 198 UK: Market, by Type, 2021-2027 (Kilotons)
Table 199 UK: Market, by Application, 2017-2020 (USD Million)
Table 200 UK: Market, by Application, 2021-2027 (USD Million)
Table 201 UK: Market, by Application, 2017-2020 (Kilotons)
Table 202 UK: Market, by Application, 2021-2027 (Kilotons)
9.4.3 Netherlands
9.4.3.1 Increasing Gas Exploration Activities to Drive Market
Table 203 Netherlands: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 204 Netherlands: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 205 Netherlands: Market, by Type, 2017-2020 (Kilotons)
Table 206 Netherlands: Market, by Type, 2021-2027 (Kilotons)
Table 207 Netherlands: Market, by Application, 2017-2020 (USD Million)
Table 208 Netherlands: Market, by Application, 2021-2027 (USD Million)
Table 209 Netherlands: Market, by Application, 2017-2020 (Kilotons)
Table 210 Netherlands: Market, by Application, 2021-2027 (Kilotons)
9.4.4 Russia
9.4.4.1 Growing Demand for Oil & Gas to Boost Market
Table 211 Russia: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 212 Russia: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 213 Russia: Market, by Type, 2017-2020 (Kilotons)
Table 214 Russia: Market, by Type, 2021-2027 (Kilotons)
Table 215 Russia: Market, by Application, 2017-2020 (USD Million)
Table 216 Russia: Market, by Application, 2021-2027 (USD Million)
Table 217 Russia: Market, by Application, 2017-2020 (Kilotons)
Table 218 Russia: Market, by Application, 2021-2027 (Kilotons)
9.4.5 Kazakhstan
9.4.5.1 Increasing Crude Oil Production to Propel Market
Table 219 Kazakhstan: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 220 Kazakhstan: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 221 Kazakhstan: Market, by Type, 2017-2020 (Kilotons)
Table 222 Kazakhstan: Market, by Type, 2021-2027 (Kilotons)
Table 223 Kazakhstan: Market, by Application, 2017-2020 (USD Million)
Table 224 Kazakhstan: Market, by Application, 2021-2027 (USD Million)
Table 225 Kazakhstan: Market, by Application, 2017-2020 (Kilotons)
Table 226 Kazakhstan: Market, by Application, 2021-2027 (Kilotons)
9.4.6 Rest of Europe
Table 227 Rest of Europe: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 228 Rest of Europe: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 229 Rest of Europe: Market, by Type, 2017-2020 (Kilotons)
Table 230 Rest of Europe: Market, by Type, 2021-2027 (Kilotons)
Table 231 Rest of Europe: Market, by Application, 2017-2020 (USD Million)
Table 232 Rest of Europe: Market, by Application, 2021-2027 (USD Million)
Table 233 Rest of Europe: Market, by Application, 2017-2020 (Kilotons)
Table 234 Rest of Europe: Market, by Application, 2021-2027 (Kilotons)
9.5 Asia-Pacific
Figure 26 Asia-Pacific: Specialty Oilfield Chemicals Market Snapshot
Table 235 Asia-Pacific: Specialty Oilfield Chemical Market, by Country, 2017-2020 (USD Million)
Table 236 Asia-Pacific: Market, by Country, 2021-2027 (USD Million)
Table 237 Asia-Pacific: Market, by Country, 2017-2020 (Kilotons)
Table 238 Asia-Pacific: Market, by Country, 2021-2027 (Kilotons)
Table 239 Asia-Pacific: Market, by Type, 2017-2020 (USD Million)
Table 240 Asia-Pacific: Market, by Type, 2021-2027 (USD Million)
Table 241 Asia-Pacific: Market, by Type, 2017-2020 (Kilotons)
Table 242 Asia-Pacific: Market, by Type, 2021-2027 (Kilotons)
Table 243 Asia-Pacific: Market, by Application, 2017-2020 (USD Million)
Table 244 Asia-Pacific: Market, by Application, 2021-2027 (USD Million)
Table 245 Asia-Pacific: Market, by Application, 2017-2020 (Kilotons)
Table 246 Asia-Pacific: Market, by Application, 2021-2027 (Kilotons)
9.5.1 China
9.5.1.1 Increasing Investment in Oil Industry to Drive Market
Table 247 China: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 248 China: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 249 China: Market, by Type, 2017-2020 (Kilotons)
Table 250 China: Market, by Type, 2021-2027 (Kilotons)
Table 251 China: Market, by Application, 2017-2020 (USD Million)
Table 252 China: Market, by Application, 2021-2027 (USD Million)
Table 253 China: Market, by Application, 2017-2020 (Kilotons)
Table 254 China: Market, by Application, 2021-2027 (Kilotons)
9.5.2 Indonesia
9.5.2.1 Increasing Government Spending to Propel Market
Table 255 Indonesia: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 256 Indonesia: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 257 Indonesia: Market, by Type, 2017-2020 (Kilotons)
Table 258 Indonesia: Market, by Type, 2021-2027 (Kilotons)
Table 259 Indonesia: Market, by Application, 2017-2020 (USD Million)
Table 260 Indonesia: Market, by Application, 2021-2027 (USD Million)
Table 261 Indonesia: Market, by Application, 2017-2020 (Kilotons)
Table 262 Indonesia: Market, by Application, 2021-2027 (Kilotons)
9.5.3 India
9.5.3.1 Favorable Government Policies and Initiatives to Drive Market
Table 263 India: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 264 India: Market, by Type, 2021-2027 (USD Million)
Table 265 India: Market, by Type, 2017-2020 (Kilotons)
Table 266 India: Market, by Type, 2021-2027 (Kilotons)
Table 267 India: Market, by Application, 2017-2020 (USD Million)
Table 268 India: Market, by Application, 2021-2027 (USD Million)
Table 269 India: Market, by Application, 2017-2020 (Kilotons)
Table 270 India: Specialty Oilfield Chemical Market, by Application, 2021-2027 (Kilotons)
9.5.4 Malaysia
9.5.4.1 Government Initiatives for Development of Small and Marginal Oilfields to Boost Market
Table 271 Malaysia: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 272 Malaysia: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 273 Malaysia: Market, by Type, 2017-2020 (Kilotons)
Table 274 Malaysia: Market, by Type, 2021-2027 (Kilotons)
Table 275 Malaysia: Market, by Application, 2017-2020 (USD Million)
Table 276 Malaysia: Market, by Application, 2021-2027 (USD Million)
Table 277 Malaysia: Market, by Application, 2017-2020 (Kilotons)
Table 278 Malaysia: Market, by Application, 2021-2027 (Kilotons)
9.5.5 Thailand
9.5.5.1 Increasing Crude Oil Production and New Drilling Activities to Boost Market
Table 279 Thailand: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 280 Thailand: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 281 Thailand: Market, by Type, 2017-2020 (Kilotons)
Table 282 Thailand: Market, by Type, 2021-2027 (Kilotons)
Table 283 Thailand: Market, by Application, 2017-2020 (USD Million)
Table 284 Thailand: Market, by Application, 2021-2027 (USD Million)
Table 285 Thailand: Market, by Application, 2017-2020 (Kilotons)
Table 286 Thailand: Market, by Application, 2021-2027 (Kilotons)
9.5.6 Rest of Asia-Pacific
Table 287 Rest of Asia-Pacific: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 288 Rest of Asia-Pacific: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 289 Rest of Asia-Pacific: Market, by Type, 2017-2020 (Kilotons)
Table 290 Rest of Asia-Pacific: Market, by Type, 2021-2027 (Kilotons)
Table 291 Rest of Asia-Pacific: Market, by Application, 2017-2020 (USD Million)
Table 292 Rest of Asia-Pacific: Market, by Application, 2021-2027 (USD Million)
Table 293 Rest of Asia-Pacific: Market, by Application, 2017-2020 (Kilotons)
Table 294 Rest of Asia-Pacific: Market, by Application, 2021-2027 (Kilotons)
9.6 South America
Table 295 South America: Specialty Oilfield Chemicals Market, by Country, 2017-2020 (USD Million)
Table 296 South America: Specialty Oilfield Chemical Market, by Country, 2021-2027 (USD Million)
Table 297 South America: Market, by Country, 2017-2020 (Kilotons)
Table 298 South America: Market, by Country, 2021-2027 (Kilotons)
Table 299 South America: Market, by Type, 2017-2020 (USD Million)
Table 300 South America: Market, by Type, 2021-2027 (USD Million)
Table 301 South America: Market, by Type, 2017-2020 (Kilotons)
Table 302 South America: Market, by Type, 2021-2027 (Kilotons)
Table 303 South America: Market, by Application, 2017-2020 (USD Million)
Table 304 South America: Market, by Application, 2021-2027 (USD Million)
Table 305 South America: Market, by Application, 2017-2020 (Kilotons)
Table 306 South America: Market, by Application, 2021-2027 (Kilotons)
9.6.1 Brazil
9.6.1.1 Rising Exploration Activities and Discovery of New Oilfields to Drive Market
Table 307 Brazil: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 308 Brazil: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 309 Brazil: Market, by Type, 2017-2020 (Kilotons)
Table 310 Brazil: Market, by Type, 2021-2027 (Kilotons)
Table 311 Brazil: Market, by Application, 2017-2020 (USD Million)
Table 312 Brazil: Market, by Application, 2021-2027 (USD Million)
Table 313 Brazil: Market, by Application, 2017-2020 (Kilotons)
Table 314 Brazil: Market, by Application, 2021-2027 (Kilotons)
9.6.2 Venezuela
9.6.2.1 Re-Investments by Market Players in Oil Production to Propel Demand
Table 315 Venezuela: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 316 Venezuela: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 317 Venezuela: Market, by Type, 2017-2020 (Kilotons)
Table 318 Venezuela: Market, by Type, 2021-2027 (Kilotons)
Table 319 Venezuela: Market, by Application, 2017-2020 (USD Million)
Table 320 Venezuela: Market, by Application, 2021-2027 (USD Million)
Table 321 Venezuela: Market, by Application, 2017-2020 (Kilotons)
Table 322 Venezuela: Market, by Application, 2021-2027 (Kilotons)
9.6.3 Rest of South America
Table 323 Rest of South America: Specialty Oilfield Chemicals Market, by Type, 2017-2020 (USD Million)
Table 324 Rest of South America: Specialty Oilfield Chemical Market, by Type, 2021-2027 (USD Million)
Table 325 Rest of South America: Market, by Type, 2017-2020 (Kilotons)
Table 326 Rest of South America: Market, by Type, 2021-2027 (Kilotons)
Table 327 Rest of South America: Market, by Application, 2017-2020 (USD Million)
Table 328 Rest of South America: Market, by Application, 2021-2027 (USD Million)
Table 329 Rest of South America: Market, by Application, 2017-2020 (Kilotons)
Table 330 Rest of South America: Market, by Application, 2021-2027 (Kilotons)
10 Competitive Landscape
10.1 Overview
Figure 27 Key Growth Strategies Adopted by Companies (2019-2023)
10.2 Market Ranking Analysis
Figure 28 Specialty Oilfield Chemicals Market: Market Ranking Analysis
10.3 Company Evaluation Quadrant for Key Players, 2022
10.3.1 Stars
10.3.2 Emerging Leaders
10.3.3 Participants
10.3.4 Pervasive Companies
Figure 29 Competitive Leadership Mapping: Specialty Oilfield Chemicals Market, 2022
10.4 Competitive Benchmarking
Table 331 Specialty Oilfield Chemicals Market: Detailed List of Players
Table 332 Specialty Oilfield Chemical Market: Competitive Benchmarking of Key Players
10.5 Company Evaluation Quadrant for Start-Ups/SMEs, 2022
10.5.1 Progressive Companies
10.5.2 Responsive Companies
10.5.3 Dynamic Companies
10.5.4 Starting Blocks
Figure 30 Start-Up/SME Matrix: Specialty Oilfield Chemicals Market, 2022
10.6 Competitive Scenario
10.6.1 Key Deals
Table 333 Key Deals, 2018-2023
10.6.2 Key Product Launches
Table 334 Key Product Launches, 2018-2023
11 Company Profiles
11.1 Key Players
Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats
11.1.1 BASF SE
Table 335 BASF SE: Company Overview
Figure 31 BASF SE: Company Snapshot
Table 336 BASF SE: Deals
Table 337 BASF SE: Other Developments
11.1.2 Ecolab
Table 338 Ecolab: Company Overview
Figure 32 Ecolab: Company Snapshot
Table 339 Ecolab: Deals
Table 340 Ecolab: Other Developments
11.1.3 Clariant
Table 341 Clariant: Company Overview
Figure 33 Clariant: Company Snapshot
Table 342 Clariant: Deals
Table 343 Clariant: Product Launches
Table 344 Clariant: Other Developments
11.1.4 Dow
Table 345 Dow: Company Overview
Figure 34 Dow: Company Snapshot
11.1.5 Solvay
Table 346 Solvay: Company Overview
Figure 35 Solvay: Company Snapshot
11.1.6 Slb
Table 347 Slb: Company Overview
Figure 36 Slb: Company Snapshot
Table 348 Slb: Deals
Table 349 Slb: Other Developments
11.1.7 Halliburton
Table 350 Halliburton: Company Overview
Figure 37 Halliburton: Company Snapshot
Table 351 Halliburton: Deals
Table 352 Halliburton: Other Developments
11.1.8 Baker Hughes Company
Table 353 Baker Hughes Company: Company Overview
Figure 38 Baker Hughes Company: Company Snapshot
Table 354 Baker Hughes Company: Deals
Table 355 Baker Hughes Company: Other Developments
11.1.9 Kemira
Table 356 Kemira: Company Overview
Figure 39 Kemira: Company Snapshot
Table 357 Kemira: Deals
Table 358 Kemira: Other Developments
11.1.10 Arkema
Table 359 Arkema: Company Overview
Figure 40 Arkema: Company Snapshot
Table 360 Arkema: Product Launches
11.2 Other Players
11.2.1 Cargill, Incorporated
Table 361 Cargill, Incorporated: Company Overview
11.2.2 Albemarle Corporation
Table 362 Albemarle Corporation: Company Overview
11.2.3 Chevron Phillips Chemical Company LLC
Table 363 Chevron Phillips Chemical Company LLC: Company Overview
11.2.4 Innospec
Table 364 Innospec: Company Overview
11.2.5 Geo
Table 365 Geo: Company Overview
11.2.6 Smc Global
Table 366 Smc Global: Company Overview
11.2.7 Thermax Limited
Table 367 Thermax Limited: Company Overview
11.2.8 Oleon Nv
Table 368 Oleon Nv: Company Overview
11.2.9 Stepan Company
Table 369 Stepan Company: Company Overview
11.2.10 The Lubrizol Corporation
Table 370 The Lubrizol Corporation: Company Overview
11.2.11 Ashland
Table 371 Ashland: Company Overview
11.2.12 Nouryon
Table 372 Nouryon: Company Overview
11.2.13 Elementis PLC
Table 373 Elementis PLC: Company Overview
11.2.14 Purechem Services
Table 374 Purechem Services: Company Overview
11.2.15 Flotek Industries Inc.
Table 375 Flotek Industries Inc.: Company Overview
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
12 Adjacent Market
12.1 Oilfield Stimulation Chemicals
Table 376 Oilfield Stimulation Chemicals, by Region, 2013-2020 (USD Million)
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: Subscription Portal
13.3 Customization Options
Companies Mentioned
- Albemarle Corporation
- Arkema
- Ashland
- Baker Hughes Company
- BASF SE
- Cargill, Incorporated
- Chevron Phillips Chemical Company LLC
- Clariant
- Dow
- Ecolab
- Elementis PLC
- Flotek Industries Inc.
- Geo
- Halliburton
- Innospec
- Kemira
- Nouryon
- Oleon Nv
- Purechem Services
- Slb
- Smc Global
- Solvay
- Stepan Company
- The Lubrizol Corporation
- Thermax Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 262 |
| Published | April 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 11.8 Billion |
| Forecasted Market Value ( USD | $ 14.5 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
