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Published on : Mar 25, 2016

ALBANY, New York, March 25, 2016: ResearchMoz.us has announced the addition of the “Global Oilfield Specialty Chemical Market: Trends, Opportunities and Forecasts (2016-2021) (By Type-Inhibitors, Demulsifiers, Biocides, Surfactants; By Application-Drilling, Cementing, Stimulation, EOR; By Region- N. America, S. America, Middle-East & Africa, Europe, APAC, ROW)” report to its offering. The report is a comprehensive study providing a detailed understanding of the market for specialty chemicals.

The study is collated in order to determine the current trends as well as to predict the expected growth trajectory of the market in the coming five years. The study is a compilation of first-hand information along with quantitative and qualitative assessment via industry analysts, and inputs from leading industry experts across the value chain. The study also maps out the qualitative impact of numerous market factors on the parent segments and key regions.

The report commences by providing an overview of the global oil and gas industry. This section of the report highlights the crude oil production and gas production on the basis of volume for both the forecast period from 2015 to 2021 and the historical period 2010 to 2014. Moving further, an overview of the oilfield specialty chemical market has been presented. Oilfield specialty chemicals are specific chemical products added to petroleum reservoirs for producing fossil fuels at an upstream level. As per the report, a number of diversifications and innovations within the oilfield chemicals market have taken place owing to the increasing demand for natural gas and petroleum. 

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The next chapter of the report focuses on the major drivers as well as the key restraints impacting the market for oilfield specialty chemicals. The increasing demand for energy and the development of unconventional resources are amongst the prime factors fuelling the market for oilfield specialty chemicals. Furthermore, the utilization of specialty chemicals helps in prolonging the lifespan of industrial equipment by the removal of unwanted metal scales, resulting in the enhancement of machine operations, thus reducing maintenance costs of the equipment. 

Moving further, the market for oilfield specialty chemicals is segmented on the basis of application into stimulating, cementing, drilling, EOR, production, and well completion. On the basis of location of application, the report segments the market into onshore and offshore locations. In the following section of the study, the geographical segmentation of the market has also been presented. Key regional segments of the market include South America, the Middle East and Africa, South America, APAC, Europe, and Rest of the world (RoW).

The last section of the report throws light on the competitive landscape of the market for oilfield specialty chemicals. This section covers the competitive hierarchy of the oilfield specialty chemical market. This part of the report also encapsulates the sales comparatives, EBIT comparatives, EBITDA comparatives, PAT comparatives, current ratio comparatives, and debit-equity ratio comparatives of the top 5 companies operating in the market. The prominent players operating in the market are Schlumberger Limited, Baker Hughes Inc., Weatherford International Ltd., Dow Chemicals Co., Omnova Solutions, Inc., Evonik Industries, Lubrizol Corp, and Halliburton Co., among others.

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