Europe specialty oilfield chemicals market is expected to reach at a substantial CAGR in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026
Market Segmentation
By Type (Biocides, Inhibitors, Viscosifiers, Demulsifiers, Surfactants, Acids, Friction Reducers, Iron Control Agents, Polymers, Wetting Agents, Dispersants, Additives, Retarders, Defoamers, Emulsifiers, Others), By Application (Drilling, Production, Stimulation, Cementing, Enhanced Oil Recovery (EOR), Workover & Completion, Others), Country (Russia, U.K., Germany, Italy, France, Turkey, Netherlands, Spain, Belgium, Switzerland, Rest of Europe)
The major factors contributing to the growth of the market are:
- Increasing oil production in Russia which enhances the usage of specialty oilfield chemicals in Europe region
- Consumption of specialty chemicals for high production and drilling activities of the oilfields
Key Market Players
The key market players for Europe specialty oilfield chemicals market are listed below:
- BASF SE
- Baker Hughes, a GE company LLC
- Croda International Plc
- Schlumberger Limited
- Huntsman International LLC
- Ecolab
- Solvay
- ELEMENTIS PLC
- Evonik Industries AG
- Halliburton
- Stepan Company
- CPS Performance Materials
- Ashland
- Innospec
- Roemex Limited
- Clariant
- Kemira
- KRATON CORPORATION
- Chevron Corporation (Chevron Philips Chemical Company LLC)
- Thermax Global