Market Research Report
Oilfield Surfactants Market By Product, By Source, By Application Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||928673|
|Published||Content info||300 Pages
Delivery time: 2-3 business days
|Oilfield Surfactants Market By Product, By Source, By Application Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: March 3, 2020||Content info: 300 Pages||
Oilfield Surfactants Market By Product (Anionic, Non-Ionic, Cationic, Amphoteric, Silicone), By Source (Synthetic, Bio-Based), By Application (Stimulation Flowback/ Fluid recovery, EOR, Foamers, Drilling Surfactants, Rig Wash Solutions/Cleaners, Wetting Agents, Surface active materials, Emulsion Breakers, Non emulsifiers, Spacers) Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
Oilfield surfactants market is projected to record a substantial growth rate over the coming years owing to the wide usage of these products in several high-revenue application areas. Surfactants are substances which reduce the interfacial tension of two phases or surface tension of a liquid.
They are the most versatile products in the chemical industry and are also utilized in every industrial area ranging from drilling muds to household detergents and food items to pharmaceuticals.
The oilfield surfactants market is segmented in terms of product, source, application, and regional landscape.
With respect to product, the market is bifurcated into amphoteric, non-ionic, anionic, cationic, and silicone. Among these, the cationic product segment will exhibit over 3.0% CAGR owing to increasing demand in oilfield drilling applications.
Cationic surfactants are surfactants which have a positively charged functional group. The positive charge gives them a range of unique properties as well as benefits in a number of applications.
The silicone product segment will depict a CAGR of nearly 2.0% in the overall market. These surfactants are also known as super wetting or spreading agents having lower surface tension beyond that of standard nonionic surfactants.
Silicone surfactants are of two types, one is water-dissolvable, which generally spreads the water droplet before drying. The other silicone surfactant is oil-soluble, spreading the oil fraction of a spray droplet after the water has dissipated. The main use of silicone surfactants is with insecticides, PGRs, herbicides, and fungicides, wherein super-spreading and extra-wetting is needed.
Based on application, the market is segmented into drilling surfactants, surface active agents, EOR, spacers, stimulation flowback/ fluid recovery, cleaners, non-emulsifiers, foamers, wetting agents, and emulsion breakers.
Among these, the foamers application segment will exhibit over 6.0% CAGR in global oilfield surfactants market. The surface active materials which includes dioctyl-sodium sulfosuccinate, α/B-ethylhexylsulfosuccinate, are used for manufacturing dispersants in order to clean up oil spills. The product has a significant effect on fresh and brackish water.
Emulsion breakers are used for preventing fouling and corrosion of equipment by breaking the oil emulsions surpassing a CAGR of 2.5% through `2026. Non-emulsifiers application segment surpassed 3.0% CAGR and is being utilized in oilfield applications to reduce the emulsion tendency of residual oil with fluids.
Spacers accounted for more than 2.0% share of the global market in 2019 and is expected to register continuous growth during the analysis timeframe. During the process of well drilling as well as completion, spacers play a major role by separating the drilling cement and fluid. In this process, there is potential for severe flocculation or gelation owing to their chemical incompatibility.
From a regional frame of reference, the Europe oilfield surfactants market held a share of over 24% in the overall market. Meanwhile, it is observed in the Latin America oilfield surfactants market that changes in national policies across the region's countries, including Brazil and Venezuela, may create equitable tax and fiscal regimes, thereby stimulating the overall market growth.