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Global Oilfield Chemicals Market, Forecast to 2025
Global Oilfield Chemicals Market, Forecast to 2025
Oilfield Service Investments Driven by New Oil and Gas Field Discoveries to Fuel Market Growth
RELEASE DATE
29-May-2019
29-May-2019
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: ME4D-01-00-00-00
SKU: CM01681-GL-MR_23233
$4,950.00
In stock
SKU
CM01681-GL-MR_23233
Description
Oilfield chemicals are chemicals used in upstream oil and gas operations to facilitate effective and efficient extraction of hydrocarbons (oil or natural gas) from onshore or offshore hydrocarbon reservoirs. They find important applications in oilfield service operations in the upstream O&G industry. Drilling, workover and completion, production, well cementing, well stimulation, and chemical enhanced oil recovery (CEOR) are the key application areas of oilfield chemicals.
Key product types of every application area have been considered for the purpose of this global research service. Onshore and offshore consumption have been quantitatively compared for all key regions and for every application segment within the total oilfield chemicals market. All region-wise markets have also been broken down further into key sub-regions.
In the last ten years, North America, which used to fall short of natural gas resources and had to depend on LNG imports, has transformed itself into a gas exporting region. This is largely due to major successes in shale gas discoveries, coupled with successful E&P activity through technological developments, which has led to more than 50% of gas production for the region. In the next seven years, shale gas E&P activity growth will continue to be on the rise and be a major North American gas supply source. The Permian and Appalachian shale basins are the major gas fields which demand increased oilfield services activity; this, in turn, drives the demand for oilfield chemicals in the region. Furthermore, significant advances in shale gas extraction technology and improved efficiency are reducing break-even prices for natural gas E&P operators in North America, thereby driving investments in oilfield services.
Maintenance times of rigs have been contributing to a slowdown in O&G production, thereby adversely impacting the extent of oilfield services activity. For instance, there has been a decline in oilfield services and drilling activity in Trinidad and Tobago, which had an impact on the demand for oilfield chemicals. This, to a considerable extent, was the result of significant offshore rig maintenance activity in the country.
Chemical enhanced oil recovery (CEOR) demonstrates significant cost benefits, as it helps raise production of oil at lower costs rather and eliminated the need to drill for new production wells. The incremental cost associated with implementing CEOR techniques is much beneficial to large oil fields with substantial hydrocarbon volumes. Furthermore, digitization of the chemical EOR process is an added benefit; end users can gain from the benefits of models where they can see the chemical interaction between the injected chemical and the level of hydrocarbon produced.
Fast-growing oilfield service markets, such as China, India, Southeast Asia, Brazil, Russia, and Mexico, fuel the rapid growth in demand for oilfield chemicals. Global oilfield chemical companies and oilfield service companies which have backward integrated to produce customized product formulations are offering strong technical support using their global distribution network to compete effectively.
RESEARCH: INFOGRAPHIC
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Table of Contents
Key Findings
Executive Summary—Strategic Factsheet
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Segmentation
Market Segmentation (continued)
Geographic Scope
Key Questions this Study will Answer
Percent Volume Shipment Forecast by Application
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Volume Shipment Forecast
Pricing Trends and Forecast
Volume Shipment and Revenue Forecast Discussion
Percent Revenue Forecast by Application
Revenue Forecast by Application
Percent Volume Shipment Forecast by Application
Volume Shipment Forecast by Application
Percent Revenue Forecast by Region
Revenue Forecast by Region
Volume Shipment Forecast by Region
Volume Shipment Forecast by Region (continued)
Percent Volume Shipment Forecast Discussion by Market Segment
Key Technology Trend
Growth Opportunity 1—Higher Demand from Asia-Pacific and Rest of World (RoW)
Growth Opportunity 2—The Need for Strong Technical Support to Ensure Operational Efficiency
Strategic Imperatives for Success and Growth
SWOT Analysis
Competitive Forces (Porter’s Five Forces Model)
Market Share Analysis—Total Market
Competitive Environment
Value Chain
Value Chain Description
Notable Mergers and Acquisitions
Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Location
Percent Volume Shipment Forecast by Sub-region (North America)
Percent Volume Shipment Discussion by Sub-region (North America)
Percent Volume Shipment Discussion by Sub-region (North America) (continued)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (Asia-Pacific)
Percent Volume Shipment Discussion by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (RoW)
Percent Volume Shipment Discussion by Sub-region (RoW)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Market Share—Global Drilling Fluids Market
Competitive Environment
Workover and Completion Fluids—Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Location
Percent Volume Shipment Forecast by Sub-region (North America)
Percent Volume Shipment Discussion by Sub-region (North America)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (Asia-Pacific)
Percent Volume Shipment Discussion by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (Rest of World)
Percent Volume Shipment Discussion by Sub-region (RoW)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Market Share—Global Workover and Completion Fluids Market
Competitive Environment
Production Chemicals—Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Geography
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Location
Percent Volume Shipment Forecast by Sub-region (North America)
Percent Volume Shipment Discussion by Sub-region (North America)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (RoW)
Percent Volume Shipment Discussion by Sub-region (APAC and RoW)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Market Share—Global Production Chemicals Market
Competitive Environment
Cementing Chemicals—Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Location
Percent Volume Shipment Forecast by Sub-region (North America)
Percent Volume Shipment Discussion by Sub-region (North America)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (RoW)
Percent Volume Shipment Discussion by Sub-region (APAC and RoW)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Market Share—Global Cementing Chemicals Market
Competitive Environment
Well Stimulation Chemicals—Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Geography and Location
Percent Volume Shipment Forecast by Sub-Region (North America)
Percent Volume Shipment Discussion by Sub-Region (North America)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (RoW)
Percent Volume Shipment Discussion by Sub-region (APAC and RoW)
Percent Volume Shipment Discussion by Product Type
Percent Volume Shipment Discussion by Product Type (continued)
Percent Volume Shipment Discussion by Product Type (continued)
Percent Volume Shipment Discussion by Product Type (continued)
Percent Volume Shipment Discussion by Product Type (continued)
Market Share—Global Well Stimulation Chemicals Market
Competitive Environment
Enhanced Oil Recovery Chemicals—Segment Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Percent Volume Shipment Forecast by Location
Percent Volume Shipment Discussion by Location
Percent Volume Shipment Forecast by Sub-Region (North America)
Percent Volume Shipment Discussion by Sub-region (North America)
Percent Volume Shipment Forecast by Sub-region (Europe)
Percent Volume Shipment Discussion by Sub-region (Europe)
Percent Volume Shipment Forecast by Sub-region (APAC)
Percent Volume Shipment Forecast by Sub-region (RoW)
Percent Volume Shipment Discussion by Sub-region (Asia-Pacific and Rest of World)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Market Share—Global Enhanced Oil Recovery Chemicals Market
Competitive Environment
3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Abbreviations and Acronyms Used
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
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Popular Topics
Oilfield chemicals are chemicals used in upstream oil and gas operations to facilitate effective and efficient extraction of hydrocarbons (oil or natural gas) from onshore or offshore hydrocarbon reservoirs. They find important applications in oilfield service operations in the upstream O&G industry. Drilling, workover and completion, production, well cementing, well stimulation, and chemical enhanced oil recovery (CEOR) are the key application areas of oilfield chemicals.
Key product types of every application area have been considered for the purpose of this global research service. Onshore and offshore consumption have been quantitatively compared for all key regions and for every application segment within the total oilfield chemicals market. All region-wise markets have also been broken down further into key sub-regions.
In the last ten years, North America, which used to fall short of natural gas resources and had to depend on LNG imports, has transformed itself into a gas exporting region. This is largely due to major successes in shale gas discoveries, coupled with successful E&P activity through technological developments, which has led to more than 50% of gas production for the region. In the next seven years, shale gas E&P activity growth will continue to be on the rise and be a major North American gas supply source. The Permian and Appalachian shale basins are the major gas fields which demand increased oilfield services activity; this, in turn, drives the demand for oilfield chemicals in the region. Furthermore, significant advances in shale gas extraction technology and improved efficiency are reducing break-even prices for natural gas E&P operators in North America, thereby driving investments in oilfield services.
Maintenance times of rigs have been contributing to a slowdown in O&G production, thereby adversely impacting the extent of oilfield services activity. For instance, there has been a decline in oilfield services and drilling activity in Trinidad and Tobago, which had an impact on the demand for oilfield chemicals. This, to a considerable extent, was the result of significant offshore rig maintenance activity in the country.
Chemical enhanced oil recovery (CEOR) demonstrates significant cost benefits, as it helps raise production of oil at lower costs rather and eliminated the need to drill for new production wells. The incremental cost associated with implementing CEOR techniques is much beneficial to large oil fields with substantial hydrocarbon volumes. Furthermore, digitization of the chemical EOR process is an added benefit; end users can gain from the benefits of models where they can see the chemical interaction between the injected chemical and the level of hydrocarbon produced.
Fast-growing oilfield service markets, such as China, India, Southeast Asia, Brazil, Russia, and Mexico, fuel the rapid growth in demand for oilfield chemicals. Global oilfield chemical companies and oilfield service companies which have backward integrated to produce customized product formulations are offering strong technical support using their global distribution network to compete effectively.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Ganesh Jayant Dabholkar |
| Industries | Chemicals and Materials |
| WIP Number | ME4D-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9100-A2,9595,9870 |