Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Oil and Gas Chemicals Market: By Product, By Application and Geography
Oil and Gas Chemicals Market: By Product, By Application and Geography
Oil and Gas Chemicals Market size was valued at US$ 18,215.7 million in 2023 and is expected to grow at a CAGR of x% from 2024 to 2030. The global market report By product type, the oil and gas chemicals market has been segmented into drilling chemicals, cementing chemicals, production chemicals, work-over & completion chemicals, stimulation chemicals, for chemicals, flow assurance, cargo additives, water treatment chemicals, desalting chemicals, slop oil movement, petrochemical additives, refinery process chemicals, finished fuel additives. Among these, the refinery process chemicals are expected to witness the highest CAGR in the foretelling period. Based on the application, the segment has been segregated into Upstream, Midstream, and Downstream. The upstream segment witnessed the highest CAGR in the upcoming period.
Study Period
2024-2030Base Year
2023CAGR
x%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
Drivers: Plastics like polyethylene, polypropylene, and polystyrene, among others, are created using a significant portion of the petrochemicals generated around the world. Over the past few decades, demand for these polymers has dramatically expanded, particularly in key end-use industries like plastic food and another commercial product packaging. During the projected period, this upward trend is likely to persist, notably in developing nations in the Asia Pacific, Latin America, and Africa.
By region, During the projected period, the North American market is anticipated to rule the global market. This is linked to increased oil and gas operations due to the advancement of drilling and hydraulic fracturing techniques. Additionally, during the anticipated period, an increase in drilling activity and technological advancements are likely to boost regional growth. Oil-based chemicals are anticipated to rise as shale gas exploration and production increase in the United States.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 18,215.7 million |
|
Market CAGR |
x% |
|
By Product |
|
|
By Application |
|
|
By Region |
|
Download Free Sample Report
The oil and gas chemicals market size was valued at US$ 18,215.7 million in 2023
The oil and gas chemicals market key players are: Baker Hughes Akzo Nobel NV Elementis Plc. Nalco Champion Newpack Resources Inc. Lubrizol Corporation Halliburton Solvay SA.
The oil and gas chemicals market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Oil and Gas Chemicals Market Introduction |
| 2.1. Global Oil and Gas Chemicals Market – Taxonomy |
| 2.2. Global Oil and Gas Chemicals Market –Definitions |
| 2.2.1. By Product |
| 2.2.2. By Application |
| 2.2.3. By Region |
| 3. Global Oil and Gas Chemicals Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Oil and Gas Chemicals Market Dynamic Factors - Impact Analysis |
| 4. Global Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Oil and Gas Chemicals Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Drilling Chemicals |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Cementing Chemicals |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Production Chemicals |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Work-over and Completion Chemicals |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Stimulation Chemicals |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. EOR Chemicals |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Flow Assurance |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Cargo Additives |
| 5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Water Treatment Chemicals |
| 5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 5.10. Desalting Chemicals |
| 5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.10.3. Market Opportunity Analysis |
| 5.11. Slop Oil Movement |
| 5.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.11.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.11.3. Market Opportunity Analysis |
| 5.12. Petrochemical Additives |
| 5.12.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.12.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.12.3. Market Opportunity Analysis |
| 5.13. Refinery Process Chemicals |
| 5.13.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.13.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.13.3. Market Opportunity Analysis |
| 5.14. Finished Fuel Additives |
| 5.14.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.14.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.14.3. Market Opportunity Analysis |
| 6. Global Oil and Gas Chemicals Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Upstream |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Midstream |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Downstream |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Oil and Gas Chemicals Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Region, 2024 - 2030 |
| 8. North America Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Drilling Chemicals |
| 8.1.2. Cementing Chemicals |
| 8.1.3. Production Chemicals |
| 8.1.4. Work-over and Completion Chemicals |
| 8.1.5. Stimulation Chemicals |
| 8.1.6. EOR Chemicals |
| 8.1.7. Flow Assurance |
| 8.1.8. Cargo Additives |
| 8.1.9. Water Treatment Chemicals |
| 8.1.10. Desalting Chemicals |
| 8.1.11. Slop Oil Movement |
| 8.1.12. Petrochemical Additives |
| 8.1.13. Refinery Process Chemicals |
| 8.1.14. Finished Fuel Additives |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Upstream |
| 8.2.2. Midstream |
| 8.2.3. Downstream |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Country, 2024 - 2030 |
| 8.5. North America Oil and Gas Chemicals Market Dynamics – Trends |
| 9. Europe Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Drilling Chemicals |
| 9.1.2. Cementing Chemicals |
| 9.1.3. Production Chemicals |
| 9.1.4. Work-over and Completion Chemicals |
| 9.1.5. Stimulation Chemicals |
| 9.1.6. EOR Chemicals |
| 9.1.7. Flow Assurance |
| 9.1.8. Cargo Additives |
| 9.1.9. Water Treatment Chemicals |
| 9.1.10. Desalting Chemicals |
| 9.1.11. Slop Oil Movement |
| 9.1.12. Petrochemical Additives |
| 9.1.13. Refinery Process Chemicals |
| 9.1.14. Finished Fuel Additives |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Upstream |
| 9.2.2. Midstream |
| 9.2.3. Downstream |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Rest of Europe |
| 9.4. Europe Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Country, 2024 - 2030 |
| 9.5. Europe Oil and Gas Chemicals Market Dynamics – Trends |
| 10. Asia-Pacific Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Drilling Chemicals |
| 10.1.2. Cementing Chemicals |
| 10.1.3. Production Chemicals |
| 10.1.4. Work-over and Completion Chemicals |
| 10.1.5. Stimulation Chemicals |
| 10.1.6. EOR Chemicals |
| 10.1.7. Flow Assurance |
| 10.1.8. Cargo Additives |
| 10.1.9. Water Treatment Chemicals |
| 10.1.10. Desalting Chemicals |
| 10.1.11. Slop Oil Movement |
| 10.1.12. Petrochemical Additives |
| 10.1.13. Refinery Process Chemicals |
| 10.1.14. Finished Fuel Additives |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Upstream |
| 10.2.2. Midstream |
| 10.2.3. Downstream |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Country, 2024 - 2030 |
| 10.5. Asia-Pacific Oil and Gas Chemicals Market Dynamics – Trends |
| 11. Latin America Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Drilling Chemicals |
| 11.1.2. Cementing Chemicals |
| 11.1.3. Production Chemicals |
| 11.1.4. Work-over and Completion Chemicals |
| 11.1.5. Stimulation Chemicals |
| 11.1.6. EOR Chemicals |
| 11.1.7. Flow Assurance |
| 11.1.8. Cargo Additives |
| 11.1.9. Water Treatment Chemicals |
| 11.1.10. Desalting Chemicals |
| 11.1.11. Slop Oil Movement |
| 11.1.12. Petrochemical Additives |
| 11.1.13. Refinery Process Chemicals |
| 11.1.14. Finished Fuel Additives |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Upstream |
| 11.2.2. Midstream |
| 11.2.3. Downstream |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Country, 2024 - 2030 |
| 11.5. Latin America Oil and Gas Chemicals Market Dynamics – Trends |
| 12. Middle East and Africa Oil and Gas Chemicals Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Drilling Chemicals |
| 12.1.2. Cementing Chemicals |
| 12.1.3. Production Chemicals |
| 12.1.4. Work-over and Completion Chemicals |
| 12.1.5. Stimulation Chemicals |
| 12.1.6. EOR Chemicals |
| 12.1.7. Flow Assurance |
| 12.1.8. Cargo Additives |
| 12.1.9. Water Treatment Chemicals |
| 12.1.10. Desalting Chemicals |
| 12.1.11. Slop Oil Movement |
| 12.1.12. Petrochemical Additives |
| 12.1.13. Refinery Process Chemicals |
| 12.1.14. Finished Fuel Additives |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Upstream |
| 12.2.2. Midstream |
| 12.2.3. Downstream |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. South Africa |
| 12.3.3. Rest of MEA |
| 12.4. MEA Oil and Gas Chemicals Market - Opportunity Analysis Index, By Product, Application, and Country, 2024 - 2030 |
| 12.5. MEA Oil and Gas Chemicals Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Baker Hughes |
| 13.2.2. Akzo Nobel NV |
| 13.2.3. Elementis Plc. |
| 13.2.4. Nalco Champion |
| 13.2.5. Newpack Resources Inc. |
| 13.2.6. Lubrizol Corporation |
| 13.2.7. Halliburton |
| 13.2.8. Solvay SA. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.