Oilfield Stimulation Chemicals Market Size-Forecast to 2026
As per the research conducted by GME, the Global Oilfield Stimulation Chemicals Market is estimated to be valued at USD 3.28 billion in 2021 and is projected to reach USD 5.33 billion by 2026 at a CAGR of 10.21%. The global market is predominantly spurred by elevating the production of crude oil, soaring oil exploration operations, and increasing deep drilling activities.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Oilfield Stimulation Chemicals Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/oilfield-stimulation-chemicals-market-3405
By Type (Gelling Agents, Friction Reducers, Surfactants, Corrosion & Scale Inhibitors, Acids, Others), By Applications (Hydraulic Fracturing, Matrix Acidization, Acid Fracking, Others), By Region (North America, Europe, Asia Pacific, MEA, and CSA); Competitive Landscape, End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• Oilfield stimulation chemicals are identifying ubiquitous use in a variety of implementations and different geographies, propelling the market.
• The gelling agent's type segment is foreseen to lead because it serves as the launching point for the majority of conventional crosslinker fluid mechanisms.
• Hydraulic fracturing is presumed to dominate because breakthroughs in fracking and horizontal drilling advancements have liberated multitudes of natural gas and barrels of oil.
• The exploration of shale gas reservoirs in North America provides additional expansion prospects for the overall market.
• BASF SE, Chevron Philips, E.I. Dupont, Albemarle Corporation, Halliburton, Flotek Industries Inc., Clariant, Ashland Inc., Baker Hughes, Dow Chemical Company, Schlumberger Ltd., Solvay SA, and AkzoNobel NV, among others, are the key players in the market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/oilfield-stimulation-chemicals-market-3405
Type Outlook (Revenue, USD Billion, 2021-2026)
• Gelling Agents
• Friction Reducers
• Surfactants
• Corrosion & Scale Inhibitors
• Acids
• Others
Application Outlook (Revenue, USD Billion, 2021-2026)
• Hydraulic Fracturing
• Matrix Acidization
• Acid Fracking
• Others
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
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