Report Details-
Asia-Pacific Specialty Oilfield Chemicals Market, By Type (Biocides, Inhibitors, Viscosifiers, Demulsifiers, Surfactants, Acids, Friction Reducers, Iron Control Agents, Polymers, Wetting Agents, Dispersants, Additives, Retarders, Deformers, Emulsifiers, Others), Application (Drilling, Production, Stimulation, Cementing, Enhanced Oil Recovery (EOR), Workover and Completion, Others) – Industry Trends and Forecast to 2029
COVID-19 Impact on Specialty Oilfield Chemicals Market
The emergence of coronavirus had a negative impact on the specialty oilfield chemicals market. The pandemic outbreak had a detrimental influence on the oilfield chemicals business. The market for oilfield chemicals has seen a significant drop in demand from various businesses. The COVID-19 epidemic had a detrimental influence on market demand due to the lockdown and stoppage of industrial factories. The COVID-19 outbreak wreaked havoc on the oil and gas industry, resulting in a lockdown that impacted a wide range of end-use industries due to disruptions in vendor operations and supply chains. The production facilities have been severely hampered. Border closures and export limits have caused raw material prices and supplies to fluctuate. The spread of COVID-19 in a number of countries has caused oil demand to be unclear. The oilfield chemicals market has suffered as a result of this uncertainty.
Market Analysis and Size
Asia-Pacific Specialty Oilfield Chemicals Market was valued at USD 361.00 billion in 2021 and is expected to reach USD 518.91 billion by 2029, registering a CAGR of 4.64% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Specialty Oilfield Chemicals Market Regional Analysis/Insights
The specialty oilfield chemicals market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the specialty oilfield chemicals market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
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Competitive Landscape and Specialty Oilfield Chemicals Market Share Analysis
The specialty oilfield chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to specialty oilfield chemicals market.
Some of the major players operating in the specialty oilfield chemicals market are
BASF SE (Germany)
Clariant (Switzerland)
Dow (U.S.)
Solvay (Belgium)
Ecolab Inc. (U.S.)
Halliburton (U.S.)
Schlumberger Limited (U.S.)
Nouryon (Netherlands)
Baker Hughes Company (U.S.)
Kemira (Finland)
Huntsman International LLC (U.S.)
Croda International plc (UK)
Albermarle Corporation (U.S.)
Chevron Philips Chemical Company LLC (U.S.)
Innospec Inc. (U.S.), NOV Inc., (U.S.)
Geo Specialty Chemicals (U.S.)
Kraton Corporation (U.S.)
Thermax Limited (India)
Oleon (Belgium)
Ashland (U.S.)
PureChem Services (Canada)
Stepan Company (U.S.)
Elementis PLC (U.S.)
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL HEMOGLOBIN TESTING MARKET
7 GLOBAL HEMOGLOBIN TESTING MARKET, BY INDUSTRY TYPE
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