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Oilfield Stimulation Chemicals Market 2015 - Global Trends & Forecasts to 2020: BASF, Chevron Philips, E.I Dupont, Dow Chemical & Ashland Dominate the $2.9 Billion Industry


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Research and Markets

17 Aug, 2015, 17:10 GMT

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DUBLIN, Aug. 17, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/37vx6r/oilfield) has announced the addition of the "Oilfield Stimulation Chemicals Market by Types, Application & by Region - Global Trends & Forecasts to 2020" report to their offering.

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The market size of oilfield stimulation chemicals is projected to reach $2.97 Billion by 2020, signifying a firm annualized growth rate of 10.1% between 2015 and 2020.

North America is the largest market for oilfield stimulation chemicals, globally. There has been rapid exploration of shale gas and oil reserves in North America. This has brought about significant changes in the specialty oilfield chemicals market in the recent past. Moreover, current advances in horizontal drilling, hydraulic fracking, availability of water for fracking, and mineral rights licensing are contributing to the rapid development of shale gas and oil reserves in the North American region. Friction reducers are the fastest-growing type of chemical in the oilfield stimulation chemicals market. As the high flow velocity and pressure of water injected into the well,can cause undesirable friction within the wells, an efficient oilfield stimulation process requires large volumes of water to be pumped at high pressure in a short period of time. This study estimates the market size, in terms of value, for oilfield stimulation chemicals market and projects the same by 2020.

As a part of the quantitative analysis, the study segments the market by types, applications, and regions and projects the market size till 2020. The countries covered in the report are China, Indonesia, Malaysia, India, South Korea, Brazil, Germany, U.K., Poland, Italy, Mexico, Canada, and the U.S. The segmentation by types includes friction reducers, surfactants, gelling agents, corrosion & scale inhibitors, acids, and others. The segmentation by applications includes hydraulic fracturing, matrix acidization, acid fracking, and others. Further, as a part of the qualitative analysis, the research provides a comprehensive review of important market drivers, restraints, opportunities, burning issues, challenges, and key issues in the market.

It also includes company profiling and competitive strategies adopted by different market players, including BASF SE (Germany), Chevron Philips (U.S.), E.I Dupont (U.S.), Dow Chemical (U.S.) and Ashland Inc. (U.S.).

Executive Summary:

Oilfield stimulation is the process of improving the oil wells for the purpose of increasing oil production and enhancing the flow of hydrocarbons. Chemicals used in the process of well intervention are oilfield stimulation chemicals.

The production of crude oil is driving the consumption of oilfields stimulation chemicals market, globally. Rise in the drilling of deeper wells is also one of the key reasons for the growth of the market. Growing demand for well stimulation processes offers great push to the oilfield stimulation chemicals market. It offers a wide range of opportunities to chemical suppliers as well as formulated oilfield chemical suppliers. Regulations related to the protection of surface water and ground water during seismic testing is hindering the growth of the oilfield services market. The oilfield operations of existing wells have now become difficult due to the introduction of these new and stringent policies. The limited exploration activity is mainly due to the difficulty and the time length required for issuing licenses and the necessary authorization for stimulating.

Global oil field stimulation chemicals have been segmented on the basis of applications (hydraulic fracturing, matrix acidization, acid fracking, and others), types (gelling agents, surfactants, friction reducers, corrosion & scale inhibitors, acids, and others) and regions (North America, Commonwealth of Independent States, Asia-Pacific, Europe, and RoW).

Hydraulic fracturing covers the major percent of the overall application market owing to the exploration of shale gas reserves. It is also estimated to be the fastest-growing application segment during the projected period. The gelling agents type was the largest market among the various types of stimulation chemicals in 2014. The friction reducers type is estimated to be the fastest-growing type between 2015 and 2020 as it is used in hydraulic fracturing, which is the largest and fastest-growing application segment. Currently, North America is the biggest market for oilfield stimulation chemicals, accounting for nearly 50% of the total market size, in terms of value, in 2014. North America's hold on the oilfield stimulation chemicals market is mainly due to the large exploration of unconventional oil & gas reserves. Among all the countries, the U.S. dominates the oilfield stimulation chemicals market. Asia-Pacific is believed to be the fastest-growing region during the projected period due to China's interest in shale gas exploration. Regions, such as Former Soviet Union, Africa, are expected to witness decent growth during the projected period.

The leading players of the oilfield stimulation chemicals market include BASF SE (Germany), Chevron Philips (U.S.), E.I. Dupont(U.S.), Clariant AG, Dow Chemical (U.S.) and Ashland Inc. (U.S.). Clariant Oil Services, a business unit of Clariant International Ltd., adopted the strategy of launching new products that include a full line of corrosion inhibitors, hydrogen sulfide scavengers, degreasers, dispersants, surfactants, pipeline cleaners, and hydrostatic testing applications. The company developed and introduced this new portfolio to meet the midstream segment's increasing demands and growing challenges in the oil & gas industry.Rise in the number of deep drilling activities and crude oil production is driving the oil field stimulation markets.

The leading players of oilfield stimulation chemicals include BASF SE (Germany), Chevron Philips (U.S.), E.I. Du Pont De Nemours & Company (U.S), and Ashland Inc. (U.S.).

Key Topics Covered:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In The Oilfield Stimulation Chemicals Market
4.2 Oilfield Stimulation Chemicals Market, By Regions
4.3 Oilfield Stimulation Chemicals Market In North America
4.4 Oilfield Stimulation Chemicals Market Attractiveness
4.5 Oilfield Stimulation Chemicals Market, By Application (2014)
4.6 Oilfield Stimulation Chemicals Market, Developing Vs. Developed Nations
4.7 Oilfield Stimulation Chemicals Markets, By Type
4.8 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Crude Oil Production
5.3.1.2 Rising Deep Drilling Operations
5.3.2 Restraints
5.3.2.1 Low Crude Oil Prices
5.3.3 Opportunities
5.3.3.1 Discovery Of New Oilfields In Asia-Pacific, Latin America, And Africa
5.3.3.2 Use Of Biopolymer In Stimulation
5.3.4 Challenge
5.3.4.1 Strict Government Regulations
5.3.4.2 High Environmental Risk

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter'S Five Forces Analysis
6.3.1 Bargaining Power Of Suppliers
6.3.2 Threat Of New Entrants
6.3.3 Threat Of Substitutes
6.3.4 Bargaining Power Of Buyers
6.3.5 Intensity Of Rivalry

7 Oilfield Stimulation Chemicals Market, By Type
7.1 Introduction
7.2 Gelling Agents
7.3 Friction Reducers
7.4 Surfactants
7.5 Corrosion & Scale Inhibitors
7.6 Acids
7.7 Others

8 Oilfield Stimulation Chemicals Market, By Application
8.1 Introduction
8.2 Hydraulic Fracturing
8.3 Matrix Acidization
8.4 Acid Fracking
8.5 Others

9 Regional Analysis
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Former Soviet Union (Fsu)
9.3.1 Russia
9.3.2 Kazakhstan
9.3.3 Uzbekistan
9.3.4 Rest Of Fsu
9.4 Asia-Pacific
9.4.1 China
9.4.2 Indonesia
9.4.3 India
9.4.4 Malaysia
9.4.5 Australia
9.4.6 Rest Of Asia-Pacific
9.5 Europe
9.5.1 Norway
9.5.2 U.K.
9.5.3 Netherlands
9.5.4 Poland
9.5.5 Rest Of European Countries
9.6 Rest Of The World
9.6.1 Latin America
9.6.2 Africa
9.6.3 Middle East

10 Competitive Landscape
10.1 Introduction
10.2 Competitive Situation & Trends
10.3 Maximum Developments In North America And Asia-Pacific, 2010-2014
10.4 Maximum Developments Recorded In 2011
10.5 Flotek Industries: The Most Active Player Between 2010 And 2014
10.6 Competitive Situation & Trends
10.6.1 Mergers & Acquisitions
10.6.2 Agreements & Collaborations
10.6.3 Expansions
10.6.4 New Product Launches

11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, And Developments)
11.1 Introduction
11.2 Basf SE
11.3 Baker Hughes Incorporated
11.4 Dow Chemical Company
11.5 E.I Dupont
11.6 Flotek Industries Inc
11.7 Halliburton
11.8 Schlumberger Limited
11.9 Chevron Phillips Chemical Company
11.10 Clariant AG
11.11 Ashland Inc.
11.12 Akzonobel N.V.
11.13 Albemarle Corp.
11.14 Solvay SA
*Details Might Not Be Captured In Case Of Unlisted Companies

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Introducing Rt: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports

List Of Tables

Table 1 Oilfield Stimulation Chemicals Market, By Type
Table 2 Oilfield Stimulation Chemicals Market, By Application
Table 3 Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020
(USD Million)
Table 4 Oilfield Stimulation Market Size For Gelling Agents, By Region,
2013-2020 (USD Million)
Table 5 Oilfield Stimulation Market Size For Friction Reducers, By Region, 2013-2020 (USD Million)
Table 6 Oilfield Stimulation Market Size For Surfactants, By Region,
2013-2020 (USD Million)
Table 7 Oilfield Stimulation Market Size For Corrosion & Scale Inhibitors,
By Region, 2013-2020 (USD Million)
Table 8 Oilfield Stimulation Market Size For Acids, By Region, 2013-2020
(USD Million)
Table 9 Oilfield Stimulation Market Size For Other Types, By Region,
2013-2020 (USD Million)
Table 10 Oilfield Stimulation Chemicals Market Size, By Application,
2013-2020 (USD Million)
Table 11 Oilfield Stimulation Chemicals Market Size For Hydraulic Fracturing, By Region, 2013-2020 (USD Million)
Table 12 Oilfield Stimulation Chemicals Market Size For Matrix Acidization,
By Region, 2013-2020 (USD Million)
Table 13 Oilfield Stimulation Chemicals Market Size For Acid Fracking,
By Region, 2013-2020 (USD Million)
Table 14 Oilfield Stimulation Chemicals Market Size For Others, By Region, 2013-2020 (USD Million)
Table 15 Oilfield Stimulation Chemicals Market Size, By Region,
2013-2020 (USD Million)
Table 16 North America: Oilfield Stimulation Chemicals Market Size, By Country, 2013-2020 (USD Million)
Table 17 North America: Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020 (USD Million)
Table 18 North America: Oilfield Stimulation Chemicals Market Size,
By Application, 2013-2020 (USD Million)
Table 19 U.S.: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 20 U.S.: Oilfield Stimulation Chemicals Market Size, By Application,
2013-2020 (USD Million)
Table 21 Canada: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 22 Canada: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 23 Mexico: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 24 Mexico: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 25 Fsu: Oilfield Stimulation Chemicals Market Size, By Country,
2013-2020 (USD Million)
Table 26 Fsu: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 27 Fsu: Oilfield Stimulation Chemicals Market Size, By Application,
2013-2020 (USD Million)
Table 28 Russia: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 29 Russia: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 30 Kazakhstan: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 31 Kazakhstan: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 32 Uzbekistan: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 33 Uzbekistan: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 34 Others: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 35 Others: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 36 Asia-Pacific: Oilfield Stimulation Chemicals Market Size, By Country, 2013-2020 (USD Million)
Table 37 Asia-Pacific: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 38 Asia-Pacific: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 39 China: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 40 China: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 41 Indonesia: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 42 Indonesia: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 43 India: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 44 India: Oilfield Stimulation Chemicals Market Size, By Application,
2013-2020 (USD Million)
Table 45 Malaysia: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 46 Malaysia: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 47 Australia: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 48 Australia: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 49 Rest Of Asia-Pacific: Oilfield Stimulation Chemicals Market Size,
By Type, 2013-2020 (USD Million)
Table 50 Rest Of Asia-Pacific: Oilfield Stimulation Chemicals Market Size,
By Application, 2013-2020 (USD Million)
Table 51 Europe: Oilfield Stimulation Chemicals Market Size, By Country,
2013-2020 (USD Million)
Table 52 Europe: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 53 Europe: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 54 Norway: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 55 Norway: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 56 U.K.: Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020 (USD Million)
Table 57 U.K.: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 58 Netherlands: Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020 (USD Million)
Table 59 Netherlands: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 60 Poland: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 61 Poland: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 62 Rest Of Europe: Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020 (USD Million)
Table 63 Rest Of Europe: Oilfield Stimulation Chemicals Market Size,
By Application, 2013-2020 (USD Million)
Table 64 Row: Oilfield Stimulation Chemicals Market Size, By Country,
2013-2020 (USD Mn)
Table 65 Row: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Mn)
Table 66 Row: Oilfield Stimulation Chemicals Market Size, By Application,
2013-2020 (USD Mn)
Table 67 Latin America: Oilfield Stimulation Chemicals Market Size, By Type, 2013-2020 (USD Million)
Table 68 Latin America: Oilfield Stimulation Chemicals Market Size,
By Application, 2013-2020 (USD Million)
Table 69 Africa: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 70 Africa: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 71 Middle East: Oilfield Stimulation Chemicals Market Size, By Type,
2013-2020 (USD Million)
Table 72 Middle East: Oilfield Stimulation Chemicals Market Size, By Application, 2013-2020 (USD Million)
Table 73 Mergers & Acquisitions, 2010-2014
Table 74 Agreements & Collaborations, 2010-2014
Table 75 Expansions, 2010-2014
Table 76 New Product Launches, 2010-2014

List Of Figures

Figure 1 Oilfield Stimulation Chemicals Market: Research Design
Figure 1 Market Size Estimation: Top-Down Approach
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Data Triangulation Methodology
Figure 4 Gelling Agents And Friction Reducers Set To Drive The Global Oilfield Stimulation Chemicals Market
Figure 5 Oilfield Stimulation Chemicals Market, By Application
Figure 6 Asia-Pacific To Witness The Fastest Growth In The Oilfield Stimulation Chemicals Market
Figure 7 China Has The Highest Growth Potential In The Oilfield Stimulation Chemicals Market
Figure 8 Oilfield Stimulation Market To Register High Growth Between
2015 And 2020
Figure 9 The Market In Asia-Pacific Is Projected To Grow At The Highest Rate, 2015-2020
Figure 10 The U.S. Captured The Largest Share Of The North American Oilfield Stimulation Chemicals Market
Figure 11 China To Register The Highest Growth Rate During The
Projected Period
Figure 12 Hydraulic Farcturing Segment Captures The Largest Share Of
The Market
Figure 13 China To Emerge As A Lucrative Market, 2015-2020
Figure 14 Gelling Agents Segment Has High Growth Potential In The
Emerging Economies
Figure 15 Asia-Pacific Has The Highest Growth Potential In The Oilfield Stimulation Chemicals Market
Figure 16 Oilfield Stimulation Chemicals Market, By Type
Figure 17 Drivers, Restraints, Opportunities, & Challenges In Oilfield Stimulation Chemicals Market
Figure 18 Value Chain Analysis
Figure 19 Porter'S Five Forces Analysis
Figure 20 Gelling Agents Dominate The Oilfield Stimulation Chemicals Market, 2015 Vs. 2019
Figure 21 North America Is The Largest Market For Gelling Agents In Oilfield Stimulation Chemicals Market
Figure 22 Asia Pacific: The Fastest Growing Market For Friction Reducer Chemical, 2015 Vs. 2020
Figure 23 North America To Capture The Highest Share Of Acids For Oilfield Stimulation Chemicals Market Between 2015 And 2020
Figure 24 Hydraulic Fracturing To Witness Highest Demand During The
Forecast Period
Figure 25 North America Is The Largest Market For Hydraulic Fracturing
Figure 26 Asia-Pacific To Witness The Fastest Growth Rate Between 2015 And 2020
Figure 27 Europe: The Fastest-Growing Region In Acid Fracking Application,
2015 Vs. 2020
Figure 28 Fsu To Emerge As The Largest Market
Figure 29 Rapid Growth Markets Are Emerging As New Strategic Locations
Figure 30 Oilfield Stimulation Chemicals Market In Asia-Pacific Has The Highest Growth Potential
Figure 31 The U.S. Is The Most Lucrative Market In North America
Figure 32 Russia Continues To Dominate The Oilfield Stimulation Chemicals Market In Fsu
Figure 33 China Is The Most Lucrative Market In Asia-Pacific
Figure 34 Poland To Register The Highest Growth In The Oilfield Stimulation Chemicals Market In Europe
Figure 35 Latin America Is The Largest And The Fastest-Growing Market In Row
Figure 36 New Product Launch: Most Preferred Strategy By Key Companies From 2010-2014
Figure 37 Battle For Market Share: Mergers & Acquisitions Was The Key Strategy, 2010-2014
Figure 38 Mergers & Acquisitions Made North America And Asia-Pacific The Most Active Regions
Figure 39 Oilfield Stimulation Chemicals Market Developmental Share,
2010-2014
Figure 40 Developmental Share, By Company, 2010-2014
Figure 41 Regional Revenue Mix Of Top 5 Market Players
Figure 42 Basf Se: Company Snapshot
Figure 43 Basf Se: Swot Analysis
Figure 44 Baker Hughes Incorporated: Company Snapshot
Figure 45 Baker Hughes Incorporated: Swot Analysis
Figure 46 Dow Chemical Company: Company Snapshot
Figure 47 Dow Chemical Company: Swot Analysis
Figure 48 E.I Dupont: Company Snapshot
Figure 49 E.I. Dupont: Swot Analysis
Figure 50 Flotek Industries Inc.: Company Snapshot
Figure 51 Flotek Industries Inc.: Swot Analysis
Figure 52 Halliburton: Company Snapshot
Figure 53 Halliburton: Swot Analysis
Figure 54 Schlumberger Limited: Company Snapshot
Figure 55 Schlumberger Limited: Swot Analysis
Figure 56 Chevron Phillips Chemical Company: Company Snapshot
Figure 57 Chevron Phillips Chemical Company: Swot Analysis
Figure 58 Clariant Ag: Company Snapshot
Figure 59 Clariant Ag: Swot Analysis
Figure 60 Ashland Inc.: Company Snapshot
Figure 61 Ashland Inc.: Swot Analysis
Figure 62 Akzonobel N.V. Company: Company Snapshot
Figure 63 Akzonobel N.V. Company: Swot Analysis
Figure 64 Albermarle Corp.: Company Snapshot
Figure 65 Albermarle Corp.: Swot Analysis
Figure 66 Solvay Sa. Company: Company Snapshot
Figure 67 Solvay Sa. Company: Swot Analysis

Companies Mentioned

- Akzonobel N.V.
- Albemarle Corp
- Ashland Inc.
- Baker Hughes Incorporated
- Basf SE
- Chevron Phillips Chemical Company
- Clariant AG
- Dow Chemical Company
- E.I Dupont
- Flotek Industries Inc
- Halliburton
- Schlumberger Limited
- Solvay SA

For more information visit http://www.researchandmarkets.com/research/37vx6r/oilfield

About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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