Market Research Report
Oilfield Process Chemicals: Global Markets
|Published by||BCC Research||Product code||140106|
|Published||Content info||163 Pages
The global market for oilfield process chemicals should reach $29.6 billion by 2021 from $26.9 billion in 2016 at a compound annual growth rate (CAGR) of 2%, from 2016 to 2021.
The scope of this study includes only the chemicals used in the upstream part of the oilfield processes. In many cases, what material is in scope and what is out of scope is clear-cut, and materials that are classified as minerals have been excluded. Where it is not so clear (as in the case of insoluble salts or the usage of material produced on-site) judgment has been made by the analysts based on discussions with industry experts. Chemicals in scope have been categorized in three different ways: by process application, by type, and by chemical function. Both past and current market performance of oilfield process chemicals is assessed. Projected sales for the industry as a whole are forecast by application, type and function and the market is assessed on a worldwide scale. Impacts on the oil and gas industry are explained and the potential effects of political issues, environmental legislation and energy policies are also considered.
The authors of the original report on which this update is based are John Joseph Harkin and Ronald van Rossum. John Joseph Harkin, Ph.D. is a chemist from the University of Manchester, U.K. He has 20 years of experience providing business insight to a range of companies in the chemical industry and related industries. The majority of his industrial career was spent in global business development within a specialty firm active in many industries including the oilfield chemical industry.
Ronald van Rossum has more than 24 years of experience providing information management services to the chemical industry. For 10 years, he was a global information manager, delivering a wide range of services to a global specialty company. He is an expert information researcher and speaks several languages.
The analyst responsible for updating the report is Andrew McWilliams, a partner in 43rd Parallel LLC, a Boston-based international technology and marketing consulting firm. Mr. McWilliams is the author or co-author of numerous BCC Research reports, including studies in related fields such as ENV011A The U.S. Market for Clean Technologies, CHM020E Catalysts for Environmental and Energy Applications, and EGY051A Petroleum Fuel Optimization Technologies.