Oilfield Process Chemicals Market: Global Industry Analysis and Forecast to 2020

Oilfield Process Chemicals Market: Global Industry Analysis and Forecast to 2020

Persistence Market Research

Oilfield Process Chemicals Market: Global Industry Analysis and Forecast to 2020

Persistence Market Research

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Oilfield Process Chemicals Market: Global Industry Analysis and Forecast to 2020 Persistence Market Research Released New Market Report on “Oilfield Process Chemicals Market: Global Industry Analysis and Forecast to 2020”.

Oilfield process chemicals are used in exploration and various extraction stages such as surfactant flooding and caustic flooding at oil and gas refineries or reservoirs. Oilfield process chemicals are used in separating gas from oil or separating oil from gas. Further Oilfield process chemicals control corrosion, fluid loss, waxes, bacteria, hydrogen sulfide and foam. It is also responsible for removal of water vapor, acid gas separation, and heavy hydrocarbon separation from the gases. Based on the application the major product categories of oilfield process chemicals include, stimulation fluids, drilling, workover, completion, cementing, production, and enhanced oil recovery chemicals. Drilling chemicals holds the largest market share in 2013.

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Based on chemical characteristics the global market for oilfield process chemicals can be broadly categories as biocides, demulsifiers, corrosion and scale inhibitors, pour point depressants, advanced polymers, surfactants and others. Demulsifier holds the largest market share in 2013. Demulsifiers are special surface active agents comprising relatively high molecular weight of polymers. When they are added to the oil, they tend to migrate to the oil–water interface and break the stabilizing film present in crude oil.

The demand for oilfield process chemicals is influenced by numerous factors. The energy requirement of developing countries such as India, China, and...