Oilfield chemicals play an important role across the upstream processes ranging from drilling to production and stimulation to workover. Over the years, the demand for crude oil has increased significantly, from 21.4 million barrels/day in 1960 to around 91 million barrels/day in the middle of the last decade and is expected to surpass pre-pandemic levels reaching 101.6 million barrels/day by...

Specialty oilfield chemicals are useful for recovering oil and for reducing environmental impact in the process efficiently. Market Research Future (MRFR) has published a research report about The global specialty chemicals industry size is expected to reach USD 14.99 Billion in 2030, and register a CAGR of 3.12% during the forecast period (2021-2030). The key market driver for the...

Specialty oilfield chemicals are useful for recovering oil and for reducing environmental impact in the process efficiently. Market Research Future (MRFR) has published a research report about The global specialty oilfield chemicals market size is expected to reach USD 14.99 Billion in 2030, and register a CAGR of 3.12% during the forecast period (2021-2030). The key market driver for the...

In 2022, the Specialty Oilfield Chemicals Market Industry demonstrated robust performance with a valuation of USD 17.8 billion, poised for substantial growth as it aims to reach USD 31.51 billion by 2030. This anticipated expansion indicates a commendable Compound Annual Growth Rate (CAGR) of 7.4% over the forecast period from 2023 to 2030. Specialty oilfield chemicals play a...