PUBLISHER: Value Market Research | PRODUCT CODE: 1288908
PUBLISHER: Value Market Research | PRODUCT CODE: 1288908
The global demand for Oilfield Surfactants Market is presumed to reach the market size of nearly USD 1.89 BN by 2030 from USD 1.25 BN in 2022 with a CAGR of 4.8% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Oilfield surfactants are chemical compounds that reduces surface tension as well as contact angle between two different liquids or between a solid and a liquid. The chemical as well as physical properties of oilfield surfactants proves to be useful in various stages of oil production. It is used in surfactant flooding. It improves oil production as it lowers interfacial tension and improves oil mobility. The main purpose of oilfield surfactants is to control fluid loss. The behavior of oilfield surfactants depends on its chemical structure. It is mainly used in oilfield application for the purpose of drilling oilfields, production, oil recovery and refining process. It is utilized in the form of detergents, dispersants, emulsifiers and foaming agent.
The oilfield surfactants market is expected to witness exponential growth during the forecast period. The target market is primarily driven by steady rise in oil and gas production across the globe. Oil surfactants results in EOR (Enhanced Oil Recovery) as it improves yield and cuts down cost. This is a key factor driving the oilfield surfactant market. Government supporting oil and gas industry particularly in emerging economies will fuel market growth. In addition, the demand for oilfield surfactants has surged in other end-use industries such as pharmaceutical, petroleum and polymer. This factor is likely to impact the market positively. On the flip side, environmental concerns related to oilfield surfactants is a major restraining factor for the growth of oilfield surfactants in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of oilfield surfactants. The growth and trends of Oilfield Surfactants Industry provide a holistic approach to this study.
This section of the oilfield surfactants market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Oilfield Surfactants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the oilfield surfactants market include BASF, Baker Hughes, Halliburton, Schlumberger, Dow Chemical Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies