Oilfield Specialty Chemical Market 2021 by Sales Volume, Price and Segmentation Market Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Oilfield Specialty Chemical Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Oilfield Specialty Chemical Market products.

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A report on Oilfield Specialty Chemical Market has been added by Kenneth Research into its market research repository. The report provides an extensive analysis of the market by determining the relationship between the dependent and independent variables through correlation and regression for the forecast period, i.e., 2021 2030. The report on Oilfield Specialty Chemical Market further provides the supply and demand risks associated with the growth of the market, and consists of macro-economic indicators that are contributing to the market growth. The market is thriving on account of the growing trade on fuel worldwide, backed by the rising demand for energy from the end-users.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Oilfield Specialty Chemicals Market. A January 2018 edition, the report has been segmented on the basis of type of chemicals -Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction reducers, Rheology modifiers, Biocides, Dispersants and By End User Types – Drilling fluid, Well stimulation, Production chemicals, Cementing, Enhanced Oil Recovery. The report analyses the market of regions including North America, Europe, Asia Pacific, LAMEA and countries United States, Canada, Norway, United Kingdom, Brazil, Mexico, Saudi Arabia, China, India and Indonesia. 

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Specialty oilfield market is likely to witness substantial growth over the forecasted period owing to increasing application in cementing, drilling, production and well stimulation. Increasing crude oil production coupled with growing demand from enhanced oil recovery application is anticipated to augment specialty oilfield chemicals market growth. In addition, increasing deep drilling and ultra-deep drilling activities for oil and gas have been driving the market over the past few years and the trend is expected to continue over the forecast period.

According to Azoth Analytics research report “Global Oilfield Specialty Chemical Market – By Chemical Type, By End User Type (2018 Edition): Forecast to 2022 – By Chemical Type (Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction Reducers, Rheology modifiers, Biocides, Dispersants), By End User Type (Drilling Fluid, Well stimulation, Production Chemicals, Cementing, EOR)”, global market is projected to display a growth represented by a CAGR of over 4.8% during 2017 – 2022, primarily driven by shale oil production and deep drilling exploration in North America. The North America region is the biggest market in the current period and is expected to lead in forecast period as well. In the forecast period, APAC region will witness strong growth backed by rising production and exploration activities in emerging countries such as China, India, Indonesia and Australia. The market for specialty oilfield chemicals in APAC is driven by rise in production and development of crude oil wells on the back of increasing investment in Upstream and Exploration segment.

The report titled “Global Oilfield Specialty Chemical Market – By Chemical Type, By End User Type (2018 Edition): Forecast to 2022 – By Chemical Type (Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction Reducers, Rheology modifiers, Biocides, Dispersants), By End User Type (Drilling Fluid, Well stimulation, Production Chemicals, Cementing, EOR)” has covered and analysed the potential of Global Oilfield Specialty Chemicals Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Oilfield Specialty Chemicals Market. Additionally, the report also highlights market entry strategies for various companies across the globe. 

Download Sample of This Strategic Report: 
https://www.kennethresearch.com/sample-request-10086008

Scope of the Report

Global Oilfield Specialty Chemicals Market, By Value (Actual Period: 2012 – 2016, Forecast Period: 2017-2022)
• Oilfield Specialty Chemicals Market
• By Chemical Type – Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction reducers, Rheology modifiers, Biocides, Dispersants
• By End User Type – Drilling fluid, Well stimulation, Production chemicals, Cementing, Enhanced Oil Recovery

Regional Markets – North America, Europe, Asia Pacific, LAMEA (Actual Period: 2012- 2016, Forecast Period: 2017-2022)
• Oilfield Specialty Chemicals Market
• By Chemical Type – Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction reducers, Rheology modifiers, Biocides, Dispersants
• By End User Type – Drilling fluid, Well stimulation, Production chemicals, Cementing, Enhanced Oil Recovery

Country Analysis – USA, Canada, Norway, United Kingdom, Rest of Europe, China, India, Indonesia, Rest of Asia, Brazil, Mexico, Saudi Arabia, Rest of LAMEA (Actual Period: 2012- 2016, Forecast Period: 2017-2022)
• Oilfield Specialty Chemicals Market
• By Chemical Type – Corrosion Inhibitors, Demulsifiers, Viscosifiers, Friction reducers, Rheology modifiers, Biocides, Dispersants
• By End User Type – Drilling fluid, Well stimulation, Production chemicals, Cementing, Enhanced Oil Recovery

Other Report Highlights
• Market Dynamics – Drivers and Challenges
• Market Trends
• Porter Five Force Analysis
• Product Benchmarking
• Company Analysis – BASF SE, The DOW Chemical Company, Schlumberger Limited, Halliburton Company, AkzoNobel NV, Solvay S.A., Clariant, Kemira OYJ, Albemarle Corporation, Stepan Company, ECOLAB

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research. 

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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