US oilfield chemical demand will rise 8.3 percent yearly through 2015, driven by the recovery of oil prices and the development of shale gas resources. Stimulation and cementing chemicals will be the fastest growing products, followed by drilling fluids. Natural gums, polymers, acids and surfactants will be among the best prospects in raw materials.This study analyzes the $9.1 billion US oilfield chemical industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by product (stimulation chemicals, drilling fluids, production chemicals, cementing chemicals, enhanced oil recovery products, completion and workover fluids) and raw material (e.g., specialty chemicals, commodity chemicals, polymers, gases).The study also considers market environment factors, reviews technology, details industry structure, evaluates company market share and profiles 40 industry players, including Schlumberger, Baker Hughes and Halliburton.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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