MarketsandMarkets Presents Publishing Date: July 2015 Oilfield Stimulation Chemicals Market worth $2.97 Billion by 2020
About our Report • Oilfield stimulation is the process undertaken for the recovery and improving the flow of hydrocarbons from drilling well. With the development of new technologies and innovative chemicals, stimulation has now become an easy process. Oilfield stimulation chemicals find majority of its applications in hydraulic fracturing, matrix acidization, acid fracking, and other processes. • These processes include steam injection, CO2 injection, and so on. Oilfield stimulation chemicals market can be classified into gelling agents, friction reducers, surfactants, corrosion & scale inhibitors, acids, and others such as biocides and cross linkers. • North America is projected to remain the largest regional market for oilfield chemicals, globally. However, the Asia-Pacific region, led by China, is likely to overtake North America as the fastest-growing market. China’s massive demand for energy will continue to drive the country’s exploration activities and development of its huge unconventional energy resource, especially natural gas.
Inside of Report • Browse: • 76 market data tables. • 67 figures spread through 176 pages. • in-depth TOC on “Oilfield Stimulation Chemicals Market by Types by Application & by region - Global Trends & Forecasts to 2020“. • Among the various important product types of oilfield stimulation chemicals, gelling agents dominated the market with 34% in terms of value of the total oilfield stimulation chemicals market share in 2014. Surfactants are another key product segment, which is projected to grow significantly between 2015 and 2020. Other product types of oilfield stimulation chemicals market, such as friction reducers, corrosion & scale inhibitors, and others, are also projected to grow at a considerable rate in the near future. • The leading players of stimulation chemicals include BASF SE (Germany), Chevron Philips (U.S.),E.I. Dupont (U.S.), Ashland Inc. (U.S.), and Dow chemicals (U.S.).
Table of Content 1 Introduction (Page No. - 16) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology (Page No. - 19) 2.1 Research Data 2.2 Market Size Estimation 2.3 Market Breakdown & Data Triangulation 2.4 Assumptions 4 Premium Insights (Page No. - 32) 4.1 Attractive Opportunities in the Oilfield Stimulation Chemicals Market 4.2 Oilfield Stimulation Chemicals Market, By Regions 4.3 Market in North America 4.4 Market Attractiveness 4.5 Market, By Application (2014) 4.6 Market, Developing vs. Developed Nations 4.7 Markets, By Type 4.8 Life Cycle Analysis, By Region
SONAR Systems Friction Reducers – The fastest-growing segment of oilfield stimulation chemicals The friction reducers type is the fastest-growing among the various segments of oilfield stimulation chemicals market. It is estimated to grow at a CAGR of 13.2% between 2015 and 2020. Friction reducers are extensively used in the hydraulic fracturing application, which is the largest application market. Boom in the shale gas exploration has indirectly helped to increase the growth rate of friction reducers. Hydraulic fracturing – The largest application for oilfield stimulation chemicals market Hydraulic fracturing is the largest application segment in the global oilfield stimulation chemicals market, owing to the increased shale gas exploration activities in the green as well as brown fields of the North American region and in some parts of China. Download Free Sample Pages :- http://www.marketsandmarkets.com/requestsample.asp?id=200204163 The market size of oilfield stimulation chemicals is projected to reach $2.97 Billion by 2020, signifying a firm annualized growth rate of 10.1% between 2015 and 2020.
Company Coverage • BASF SE (Germany) • Chevron Philips (U.S.) • E.I. Du Pont De Nemours & Company (U.S) • Ashland Inc. (U.S.).
Summary Oilfield stimulation is the process of improving the oil wells for the purpose of increasing oil production and enhancing the flow of hydrocarbons. Chemicals used in the process of well intervention are oilfield stimulation chemicals. Global oil field stimulation chemicals have been segmented on the basis of applications (hydraulic fracturing, matrix acidization, acid fracking, and others), types (gelling agents, surfactants, friction reducers, corrosion & scale inhibitors, acids, and others) and regions (North America, Commonwealth of Independent States, Asia-Pacific, Europe, and RoW).
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