Middle East & Africa Oilfield Chemicals Market Growth, Size, Trends Analysis - By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Middle East & Africa Oilfield Chemicals Market Introduction and Overview

According to SPER market research, 'Middle East & Africa Oilfield Chemicals Market Size- By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Middle East & Africa Oilfield Chemicals Market is predicted to reach 3.59 billion by 2033 with a CAGR of 4.95%.

Oilfield chemicals are highly specialized compounds used in the exploration, production, and refining of oil and gas. These chemicals are essential in many activities in the oil and gas sector, such as drilling, well stimulation, production, transportation, and refining. They help to improve operating efficiency, increase production rates, safeguard equipment, and maintain oil and gas purity standards. Furthermore, these compounds contribute to optimal performance, increase the effectiveness of oil recovery, improve temperature stability, and prevent contamination in the drilling fluid system.

The COVID-19 epidemic has hampered the expansion of the Middle East and Africa oilfield chemicals business. The alarming spike in COVID-19 infection rates in this region caused governments to enact lockdowns to prevent the virus from spreading. As a result of the stall in oil and gas exploration activity, the oilfield chemicals industry experienced a major fall throughout this period.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Product, By Application.

Regions covered

South Africa, Nigeria, Kenya, Ghana, United Arab Emirates, Egypt, Rest of Middle East & Africa.

Companies Covered

Halliburton, Clariant, Schlumberger Limited, BASF SE, Baker Hughes LLC, Ideal Energy Solutions LLC, Nalco Champion, Royal Dutch Shell PLC , Solvay.

Middle East & Africa Oilfield Chemicals Market Segmentation:

By Product: Based on the Product, Middle East & Africa Oilfield Chemicals Market is segmented as; Demulsifiers, Inhibitors, Rheology Modifiers, Friction Reducers, Biocides, Surfactants, Foamers, Others.

By Application: Based on the Application, Middle East & Africa Oilfield Chemicals Market is segmented as; Drilling Fluid, Production Chemicals, Cementing, Workover & Completion.

By Region: This research also includes data for South Africa, Nigeria, Kenya, Ghana, United Arab Emirates, Egypt, Rest of Middle East & Africa.

Product Code: CHEM24126

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East & Africa Oilfield Chemicals Market.

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Middle East & Africa Oilfield Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East & Africa Oilfield Chemicals Market

7. Middle East & Africa Oilfield Chemicals Market, By Product (USD Million) 2020-2033

7.1. Middle East & Africa Oilfield Chemicals Market Size, Share and Forecast, By Product, 2020-2026
7.2. Middle East & Africa Oilfield Chemicals Market Size, Share and Forecast, By Product, 2027-2033
7.3. Demulsifiers
7.4. Inhibitors
7.5. Rheology Modifiers
7.6. Friction Reducers
7.7. Biocides
7.8. Surfactants
7.9. Foamers
7.10. Others

8. Middle East & Africa Oilfield Chemicals Market, By Application (USD Million) 2020-2033

8.1. Middle East & Africa Oilfield Chemicals Market Size, Share and Forecast, By Application, 2020-2026
8.2. Middle East & Africa Oilfield Chemicals Market Size, Share and Forecast, By Application, 2027-2033
8.3. Drilling Fluid
8.4. Production Chemicals
8.5. Cementing
8.6. Workover & Completion

9. Middle East & Africa Oilfield Chemicals Market Forecast, 2020-2033 (USD Million)

9.1. Middle East & Africa Oilfield Chemicals Market Size and Market Share

10. Middle East & Africa Oilfield Chemicals Market, By Region, 2020-2033 (USD Million)

10.1. Middle East & Africa Oilfield Chemicals Market Size and Market Share By Region (2020-2026)
10.2. Middle East & Africa Oilfield Chemicals Market Size and Market Share By Region (2027-2033)
10.3. South Africa
10.4. Nigeria
10.5. Kenya
10.6. Ghana
10.7. United Arab Emirates
10.8. Egypt
10.9. Rest of Middle East & Africa

11. Company Profile

11.1. Halliburton
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
11.2. Clariant
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
11.3. Schlumberger Limited
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
11.4. BASF SE
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
11.5. Baker Hughes LLC
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
11.6. Ideal Energy Solutions LLC
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
11.7. Nalco Champion
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
11.8. Royal Dutch Shell PLC
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
11.9. Solvay
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
11.10. Others