Global Oilfield Surfactants Market By Product (Anionic, Non-Ionic, Cationic, Amphoteric and Silicone), By Source (Synthetic and Bio-Based), By Application (Stimulation Flow back/ Fluid Recovery, EOR, Foamers, Drilling Surfactants, Rig Wash Solutions/ Cleaners, Wetting Agents, Surface Active Materials, Emulsion Breakers, Non Emulsifiers and Spacers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Oilfield Surfactants Market
Data Bridge Market Research analyses that the oilfield surfactants market will witness a CAGR of 6.50% for the forecast period of 2021-2028. Growth and expansion of oil and gas industry, growing use of oilfield surfactants for a wide range of end use applications such as stimulation flow back/ fluid recovery, EOR, foamers, frilling surfactants, rig wash solutions/ cleaners, wetting agents, surface active materials, emulsion breakers, non- emulsifiers, and spacers and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the oilfield surfactants market. This means that, the oilfield surfactants market value, which was USD 820.00 million in 2020, will rocket up to USD 1,357.09 million by 2028.
Oilfield surfactants are the chemicals that are used to decrease the surface tension and improve the fluidity. The oilfield surfactants are used between fluid and a solid or between various fluids. Oilfield surfactants possess various physical and chemical properties, which makes them ideal for a wide range of applications. The structural growup of molecules decides the kind of application of oilfield surfactants. The oilfield surfactants help in bring effectiveness and efficiency into the operations.
Increasing expenditure for the growth and expansion of oil and gas exploration activities is the root cause fuelling up the oilfield surfactants market growth rate. Rising industrialization coupled with increasing shale oil production in the developing economies will also directly and positively impact the growth rate of the oilfield surfactants market. Increased focus of the government to strengthen oil and gas sector coupled with rising globalization will further propel growth in the market value.
However, disadvantages associated with large scale production and extensive use will pose a major challenge to the growth of the market. Also, harmful effects on the human health of mining and exploration activities will dampen the market growth rate. Fluctuations in the prices of raw materials will further derail the market growth rate.
This oilfield surfactants 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, geographical expansions, technological innovations in the market. To gain more info on oilfield surfactants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Oilfield Surfactants Market Scope and Market Size
The oilfield surfactants market is segmented on the basis of product, source, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the oilfield surfactants market is segmented into anionic, non-ionic, cationic, amphoteric, and silicone.
- On the basis of source, the oilfield surfactants market is segmented into synthetic and bio-based.
- On the basis of application, the oilfield surfactants market is sub-segmented into stimulation flow back/ fluid recovery, EOR, foamers, frilling surfactants, rig wash solutions/ cleaners, wetting agents, surface active materials, emulsion breakers, non- emulsifiers, and spacers.
Global Oilfield Surfactants Market Country Level Analysis
The oilfield surfactants market is analysed and market size, volume information is provided by country, product, source and application referenced above.
The countries covered in the oilfield surfactants 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, Israel, Egypt, South Africa, 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.
Asia-Pacific region is projected to undergo substantial gains and project the highest compound annual growth rate (CAGR) during the forecast period. This is because of the growth and expansion of oil and gas exploration activities, especially in the emerging economies such as India and China. Rising industrialization is another important market growth determinant for this region.
The country section of the oilfield surfactants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Surfactants Market Share Analysis
The oilfield surfactants 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 surfactants market.
The major players covered in the oilfield surfactants market report are Evonik Industries AG, Akzo Nobel N.V., Albemarle Corporation, Zirax Limited, BASF SE, Kemira, Solvay, Ashland, Baker Hughes Company, CES Energy Solutions Corp., Clariant, Chevron Phillips Chemical Company, Flotek Industries, Inc., Halliburton, Huntsman International LLC, Innospec Oilfield Services, Ecolab, Schlumberger Limited, Scomi Group Bhd, Dow., Stepan Company, Diamoco Group, EMEC, Gumpro Drilling Fluids Pvt. Ltd., Chemiphase Ltd, Jiaxing Midas Oilfield Chemical Mfg Co., Ltd, Imperial Oilfield Chemicals Private Limited and AES Drilling Fluids among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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