US demand for oilfield chemicals is forecast to increase 2.1 percent annually through 2017 to $10.5 billion. Enhanced oil recovery (EOR) products and drilling fluid products will grow the fastest. Gains in value terms will be strong for commodity and specialty chemicals as well as gases, while demand for polymers will decline.This study analyzes the $9.5 billion US oilfield chemical industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by application (e.g., stimulation fluid additives, drilling fluid additives, production chemicals, cement additives, completion and workover fluid additives, EOR products) and product (polymers, specialty chemicals, commodity chemicals, gases).The study also considers market environment and technology factors, details industry structure, evaluates company market share and profiles 37 industry players, including Baker Hughes, Halliburton and Schlumberger.
