Reports and Data estimates the global Oilfield Chemicals competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Oilfield Chemicals during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE (Germany), Lubrizol Corporation (U.S.), AkzoNobel N.V. (Netherlands), The Dow Chemical Company (U.S.), Schlumberger (U.S.), Halliburton (U.S.),  Kemira Oyj (Finland) Clariant (Switzerland), Nalco (U.S.) and Baker Hughes Incorporated. (U.S.)

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Oilfield Chemicals Overview :-

he global oilfield chemicals market was valued at USD 22.77 Billion in 2020 and is expected to reach USD 32.30 Billion by year 2028, at a CAGR of 4.51%.

In recent years, a significant change has been observed in the global energy landscape as a result of technological advances in the recovery of unconventional hydrocarbon resources such as tight oil and shale gas. Many pieces of research have been established to examine the impacts of extraction and production of unconventional hydrocarbons on surface water, groundwater, and local air quality. The extraction and utilization of such unconventional hydrocarbons pose concerns about their contribution to the atmospheric chemistry and global climate change. Nevertheless, their application in operations including drilling, production, cementing and work over and completion is expected to drive the demand for oilfield chemicals.

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For the purpose of this report Reports and Data has segmented global Oilfield Chemicals market on the basis of type, application, and region:

Product (Revenue, USD Million; 2018-2028)

• Inhibitors
• Demulsifiers
• Rheology Modifiers
• Friction Reducers
• Biocides
• Surfactants
• Foamers
• Others

Location (Revenue, USD Million; 2018-2028)

• Onshore
• Offshore

Applications (Revenue, USD Million; 2018-2028)

• Drilling & Cementing
• Enhanced Oil Recovery
• Production
• Well Stimulation
• Work over & Completion

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

• What is the expected year-on-year growth of the Oilfield Chemicals during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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