Market Outlook : Oilfield Process Market Globally Grow at a CAGR of 5.40% by Revenue During the Period 2017-2021

About Oilfield Process Chemicals

Oilfield process chemicals are a class of specialty chemicals that are extensively used in the oil and gas industry. They are used in various phases of oil exploration. Different types of oilfield process chemicals include drilling chemicals, stimulation chemicals, production chemicals, cementing chemicals, workover and completion chemicals, and enhanced oil recovery chemicals. These chemicals, with their use in oilfield operations, help in increasing the overall efficiency and productivity of oil extraction and production processes.

Technavios analysts forecast the global oilfield process chemicals market to grow at a CAGR of 5.40% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the Global Oilfield Process Chemicals Market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
North America

Technavio’s report, Global Oilfield Process Chemicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Baker Hughes
The Dow Chemical company

Other prominent vendors
Akzo Nobel
CES Energy Solutions
Chevron Phillips Chemical Company
Dorf Ketal

Market driver
Increased demand for energy
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Market challenge
Volatile crude oil prices
For a full, detailed list, view our report

Market trend
Rising demand for novel chemical products
For a full, detailed list, view our report

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