Oil and Gas Chemicals Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Oil and Gas Chemicals Market By Product (Drilling Chemicals, Cementing Chemicals, Production Chemicals, Work-over, and Completion Chemicals, Stimulation Chemicals, EOR Chemicals, Flow Assurance, Cargo Additives, Water Treatment Chemicals, Desalting Chemicals, Slop Oil Movement, Petrochemical Additives, Refinery Process Chemicals, Finished Fuel Additives). By Application (Upstream, Midstream, Downstream) and Geography

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Report

Description

Oil and Gas Chemicals Market size is valued at USD 17,215.7 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market report by PBI provides a thorough overview of the Oil and Gas Chemicals market, which can be segmented by product type, and application. 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, eor 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.

Key Development:

In May 2021, In order to enhance the use of automated drilling systems by drilling contractors and oil & gas operators, Schlumberger and NOV worked together. The strategic alliance will increase safety, make manual procedures automatable, and increase the effectiveness of drilling operations.

Oil and Gas Chemicals Market

MARKET SUMMARY
-
x% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Oil and Gas Chemicals Market

  • global oil and gas chemicals market report gives a comprehensive outlook on glycol ethers across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • The report on the global oil and gas chemicals market gives historical, current, and future market sizes (US$ Mn) on the basis of product, application, end-user, and region.
Key Players
  • Baker Hughes
  • Akzo Nobel NV
  • Elementis Plc.
  • Nalco Champion
  • Newpack Resources Inc.
Oil and Gas Chemicals Market Dynamics

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.


North-America Got Significant Share

Oil and Gas Chemicals Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Oil and Gas Chemicals Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The oil and gas chemicals market is projected to expand at a CAGR of x% during the forecast period

 

  • Baker Hughes
  • Akzo Nobel NV
  • Elementis Plc.
  • Nalco Champion
  • Newpack Resources Inc.

North America is the fastest-growing region for the oil and gas chemicals market


Report

Table Of Content

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, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Drilling Chemicals
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Upstream
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2022 – 2028
8. North America Oil and Gas Chemicals Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
8.5. North America Oil and Gas Chemicals Market Dynamics – Trends
9. Europe Oil and Gas Chemicals Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
9.5. Europe Oil and Gas Chemicals Market Dynamics – Trends
10. Asia-Pacific Oil and Gas Chemicals Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
10.5. Asia-Pacific Oil and Gas Chemicals Market Dynamics – Trends
11. Latin America Oil and Gas Chemicals Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
11.5. Latin America Oil and Gas Chemicals Market Dynamics – Trends
12. Middle East and Africa Oil and Gas Chemicals Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
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

Report

Company Profile

  • Baker Hughes
  • Akzo Nobel NV
  • Elementis Plc.
  • Nalco Champion
  • Newpack Resources Inc.
  • Lubrizol Corporation
  • Halliburton
  • Solvay SA.

Description

Oil and Gas Chemicals Market size is valued at USD 17,215.7 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market report by PBI provides a thorough overview of the Oil and Gas Chemicals market, which can be segmented by product type, and application. 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, eor 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.

Key Development:

In May 2021, In order to enhance the use of automated drilling systems by drilling contractors and oil & gas operators, Schlumberger and NOV worked together. The strategic alliance will increase safety, make manual procedures automatable, and increase the effectiveness of drilling operations.

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