ASIA PACIFIC OILFIELD CHEMICALS MARKET FORECAST 2019-2027

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ASIA PACIFIC OILFIELD CHEMICALS MARKET FORECAST 2019-2027

The Asia Pacific oilfield chemicals market is anticipated to rise with a CAGR of 6.25% during the forecast period 2019-2027. The market has been valued at $XX million in the year 2018 and is expected to rise to a revenue of about $XX million by the year 2027. The increase in oil exploration and production activities is driving the interests in developing deep reserves, which is expected to sustain the product demand of the market.

ASIA PACIFIC OILFIELD CHEMICALS MARKET FORECAST 2019-2027

Asia Pacific Oilfield Chemicals Market by Location (Onshore, Offshore) by Application (Drilling Fluids, Cementing, Enhanced Oil Recovery, Production Chemicals, Well Stimulation, Workover & Completion) by Type (Biocides, Corrosion & Scale Inhibitors, Demulsifiers, Surfactants, Polymers, Gellants & Viscosifiers, Other Chemicals) by Geography.

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The chemicals utilized in various stages of extracting oil & gas through mitigated explorations are called oilfield chemicals. They help in increasing the efficacy of processes & minimizing the maintenance charges of equipment. These chemicals improve parameters such as temperature stability, performance, and reduce impurity in the drilling fluid system.

The Asia Pacific oilfield chemicals market is anticipated to rise with a CAGR of 6.25% during the forecast period 2019-2027. The market has been valued at $XX million in the year 2018 and is expected to rise to a revenue of about $XX million by the year 2027. The increase in oil exploration and production activities is driving the interests in developing deep reserves, which is expected to sustain the product demand of the market.

The Asia Pacific market for oilfield chemicals receives an enormous amount of revenue from the country-specific market of India, China, South Korea, Japan, Australia and the remaining countries collectively forming the Rest of Asia Pacific regional segment. The India oilfields chemicals market is significantly driven by government initiatives to promote crude oil exploration activities along with strategic alliances between countries to promote oil exploration. Furthermore, strategic alliances between countries to promote oil exploration activities in India also drives the crude oil market in India.

Organic bio-based products pose a substantial threat to the already established synthetic chemicals market. Although these bio-based chemicals are still at their initial phases of development, after their commercialized, their value will be enhanced to the full potential alongside being cost effective. The market growth is restrained by high disposing costs of the chemicals, environmental & concerns during the extraction of oil & gas. Several guidelines need to be followed for the disposal of oilfield chemicals.

The major contending players functioning in the oilfield chemicals market are Albemarle Corp., AkzoNobel N.V., Nalco Company LLC, BASF SE, Stepan Company, Lubrizol Corporation, Dow Chemical Company, Schlumberger Limited, Solvay S.A., Baker Hughes, Halliburton Company, Ecolab Inc., Croda International PLC, Newpark Resources, Inc., and Clariant.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • EFFECTS OF SEASONAL CHANGES IN OIL DEMAND
      • THE MARKET FOR CRUDE OIL IS HIGHLY POLITICIZED
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • INCREASE IN THE PRODUCTION OF CRUDE OIL
      • GROWTH OF UNCONVENTIONAL HYDROCARBON ACTIVITY
    • MARKET RESTRAINTS
      • HIGH DISPOSING COSTS OF THE CHEMICALS
      • ENVIRONMENTAL CONCERNS DURING EXTRACTION OF OIL & GAS
    • MARKET OPPORTUNITIES
      • GROWTH OF ECO-FRIENDLY OILFIELD CHEMICALS
      • GROWING COMPLEXITY OF OPERATIONS
    • MARKET CHALLENGES
      • VOLATILITY IN THE PRICE OF CRUDE OIL PRICE
  1. MARKET BY LOCATION
    • ONSHORE
    • OFFSHORE
  2. MARKET BY APPLICATION
    • DRILLING FLUIDS
    • CEMENTING
    • ENHANCED OIL RECOVERY
    • PRODUCTION CHEMICALS
    • WELL STIMULATION
    • WORKOVER & COMPLETION
  3. MARKET BY TYPE
    • BIOCIDES
    • CORROSION & SCALE INHIBITORS
    • DEMULSIFIERS
    • SURFACTANTS
    • POLYMERS
    • GELLANTS & VISCOSIFIERS
    • OTHER CHEMICALS
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  5. GEOGRAPHICAL ANALYSIS
    • CHINA
    • INDIA
    • SOUTH KOREA
    • JAPAN
    • AUSTRALIA
    • REST OF ASIA PACIFIC
  6. COMPANY PROFILES
    • ALBEMARLE CORP
    • AKZONOBEL N.V.
    • BAKER HUGHES
    • BASF SE
    • CLARIANT
    • CRODA INTERNATIONAL PLC
    • DOW CHEMICAL COMPANY
    • ECOLAB INC.
    • HALLIBURTON COMPANY
    • LUBRIZOL CORPORATION
    • NALCO COMPANY LLC
    • NEWPARK RESOURCES, INC.
    • SCHLUMBERGER LIMITED
    • SOLVAY S.A.
    • STEPAN COMPANY

LIST OF TABLES

TABLE 1: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY LOCATION, 2019-2027, (IN $ MILLION)

TABLE 3: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

TABLE 4: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 5: OPPORTUNITY MATRIX

TABLE 6: VENDOR LANDSCAPE

TABLE 7: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY TYPE, 2018 & 2027 (IN %)

FIGURE 2: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY ONSHORE, 2019-2027 (IN $ MILLION)

FIGURE 3: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY OFFSHORE, 2019-2027 (IN $ MILLION)

FIGURE 4: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY DRILLING FLUIDS, 2019-2027 (IN $ MILLION)

FIGURE 5: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY CEMENTING, 2019-2027 (IN $ MILLION)

FIGURE 6: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY ENHANCED OIL RECOVERY, 2019-2027 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY PRODUCTION CHEMICALS, 2019-2027 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY WELL STIMULATION, 2019-2027 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY WORKOVER & COMPLETION, 2019-2027 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY BIOCIDES, 2019-2027 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY CORROSION & SCALE INHIBITORS, 2019-2027 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY DEMULSIFIERS, 2019-2027 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY SURFACTANTS, 2019-2027 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY POLYMERS, 2019-2027 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY GELLANTS & VISCOSIFIERS, 2019-2027 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC OILFIELD CHEMICALS MARKET, BY OTHER CHEMICALS, 2019-2027 (IN $ MILLION)

FIGURE 17: PORTER’S FIVE FORCE ANALYSIS

FIGURE 18: ASIA PACIFIC OILFIELD CHEMICALS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 19: CHINA OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: INDIA OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: SOUTH KOREA OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: JAPAN OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: AUSTRALIA OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: REST OF ASIA PACIFIC OILFIELD CHEMICALS MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • CHINA
    • INDIA
    • SOUTH KOREA
    • JAPAN
    • AUSTRALIA
    • REST OF ASIA PACIFIC
  2. MARKET BY LOCATION
    • ONSHORE
    • OFFSHORE
  3. MARKET BY APPLICATION
    • DRILLING FLUIDS
    • CEMENTING
    • ENHANCED OIL RECOVERY
    • PRODUCTION CHEMICALS
    • WELL STIMULATION
    • WORKOVER & COMPLETION
  4. MARKET BY TYPE
    • BIOCIDES
    • CORROSION & SCALE INHIBITORS
    • DEMULSIFIERS
    • SURFACTANTS
    • POLYMERS
    • GELLANTS & VISCOSIFIERS
    • OTHER CHEMICALS

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