Global Oilfield Scale Inhibitor Market, By Type (Phosphonates, Carboxylate/Acrylic, Sulfonates, Others), Applications (Onshore Oilfield, Offshore Oilfield) – Industry Trends and Forecast to 2029.
Oilfield Scale Inhibitor Market Analysis and Size
Scales are residues on the surface of various types of machinery constantly exposed to water. As the temperature rises, this precipitation becomes fully or partially insoluble. The growing global demand for bio-degradable oilfield scale inhibitors has significantly impacted the expanding oil industry. The race to develop biodegradable oilfield scale inhibitors is expected to generate numerous growth opportunities for the oilfield scale inhibitors market.
Data Bridge Market Research analyses that the oilfield scale inhibitor market was growing at a value of 715.67 million in 2021 and is expected to reach the value of USD 1140.67 million by 2029, at a CAGR of 6.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Oilfield Scale Inhibitor Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Phosphonates, Carboxylate/Acrylic, Sulfonates, Others), Applications (Onshore Oilfield, Offshore Oilfield)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Halliburton Energy Services, Inc. (U.S.), Shell International B.V. (Netherlands), Schlumberger Limited (U.S.), Chevron Phillips Chemical Company LLC (U.S.), TechnipFMC plc (U.K.), NALCO India. (India), Baker Hughes Company (U.S.), TotalEnergies (France), Titan Oil Recovery (U.S.), Equinor ASA (Norway), S.A. HAMON (U.S.), CIC Group Inc (U.S.), Premier Energies Limited (U.S.), Vogt Power International (U.S.)
|
|
Opportunities
|
|
Market Definition
Oilfield scale inhibition prevents scale formation from impeding or blocking fluid flow through pipes, valves, and pumps used in oil production and refining. Scale inhibitors are chemicals that prevent or reduce the nucleation, precipitation, and subsequent co-adherence of inorganic compounds to production conduits and processing facilities, which are the main elements susceptible to scaling problems. The performance of scale inhibitors is influenced by various factors, including magnesium and calcium ion levels, temperature, pH, and the presence of other corrosive chemicals in brine mixtures generated during oil and gas well drilling. A scale inhibitor's overall inhibitory concentration (MIC) should be between 0.5 and 20 ppm.
Global Oilfield Scale Inhibitor Market Dynamics
Drivers
- High application of various types of inhibitors
Pipes, valves, wells, and pumps in the oilfield sector can cause the formation of carbonate scales and sulphate. There are dense calcium carbonate and sulphate deposits that have accumulated over time. It gradually creates impediments to fluid movement and flow. Removing scale from oilfield water systems takes time and necessitates the shutdown of costly machinery. Various types of inhibitors are used to target a large customer base in order to keep the oil processing systems clean and minimise equipment downtime. These factors could propel the oilfield scale inhibitors market forward.
- High importance of oil and gas industry in an economy
The oil and gas industry is a significant end user of oilfield scale inhibitors. Water used in the oil and gas industries is chemically treated with scale inhibitors such as phosphonates to reduce or prevent the formation of scale on machineries and equipment used in various stages of oil and gas production such as production wells, water and disposal wells, flow lines, and surface equipment. Oilfield scale inhibitor is a process used to keep scale from interfering with or preventing fluid flow through pipelines, pumps, and valves used in oil production and refining.
Opportunities
- Development of novel products to cater environmental concerns
Various governments around the world have created programmes to identify and evaluate hazardous substances. Due to the strict rules and regulations regarding environmental concerns, biodegradable oilfield scale inhibitors have been developed; this aspect may create tremendous opportunities for the growth of the oilfield scale inhibitors market.
Restraints
- Various side effects
Increasing environmental and handling effects and the risk associated with the side effects of oilfield scale inhibitors are expected to impede market growth during the forecast period.
This oilfield scale inhibitor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oilfield scale inhibitor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Global Oilfield Scale Inhibitor Market Dynamics
The subsequent lockdown and shutdown had a negative impact on the firms that had to shut down their manufacturing processes. The end-demand products declined, while the supply chain experienced significant disruption. In response to the rising number of COVID cases, the government took a number of precautionary measures. The rise in growth of scale inhibitor chemicals was dropped in the regions of Germany, the United States, Spain, Italy, and France, affecting the expansion of scale inhibitors market size. Due to the pandemic, the majority of key players were attempting to restart their operations by prioritising rising supply chain growth while imposing certain COVID-related measures.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Oilfield Scale Inhibitor Market Scope
The oilfield scale inhibitor market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Phosphonates
- Carboxylate/Acrylic
- Sulfonates
- Others
- Polymaleic Acid
- Synthetic Polymeric Acid
- Polyaspartate
- Phosphinopolyacrylate
- Carboxy Methyl Inulin
Application
- Onshore Oilfield
- Offshore Oilfield
Oilfield Scale Inhibitor Market Regional Analysis/Insights
The oilfield scale inhibitor market is analyzed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the oilfield scale inhibitor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Middle East and Africa is expected to provide the most progressive expansion opportunities. The region has numerous oil and gas reserves and is a projected oil-introducing region. Furthermore, the effective growth in demand for scale inhibitors in the gas and oil industry and the demand for decomposable scale inhibitors are a few key factors expected to propel the oilfield scale inhibitors market throughout the review period. As a result, it is predicted that the market for oilfield scale inhibitor will grow in the coming years around the world.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oilfield Scale Inhibitor Market Share Analysis
The oilfield scale inhibitor 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 oilfield scale inhibitor market.
Some of the major players operating in the oilfield scale inhibitor market are:
- Halliburton Energy Services, Inc. (U.S.)
- Shell International B.V. (Netherlands)
- Schlumberger Limited (U.S.)
- Chevron Phillips Chemical Company LLC (U.S.)
- TechnipFMC plc (U.K.)
- NALCO India. (India)
- Baker Hughes Company (U.S.)
- TotalEnergies (France)
- Titan Oil Recovery (U.S.)
- Equinor ASA (Norway)
- S.A. HAMON (U.S.)
- CIC Group Inc (U.S.)
- Premier Energies Limited (U.S.)
- Vogt Power International (U.S.)
SKU-