Middle East and Africa 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), Application (Drilling, Production, Stimulation, Cementing, Enhanced Oil Recovery (EOR), Workover & Completion, Others), Country (Saudi Arabia, Iraq, Iran, U.A.E., Qatar, Rest of Middle East and Africa)
The major factors contributing to the growth of the market are:
- Largest oil production in this region demands the higher consumption of specialty oilfield chemicals
- Continuous discovery of new oilfields in the region
Key Market Players
The key market players for Middle East and Africa 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