An exciting new study from the team of Lucintel found that oilfield stimulation chemical market is expected to grow with a CAGR of 10%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The oilfield stimulation chemical market is segmented based on end use industry, product type, and region. In this market, friction reducer is expected to remain the largest product type, and hydraulic fracturing segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like rapid growth in exploration of oil & gas reserves.
BASF SE, Baker Hughes Incorporated, DOW Chemical Company, E.I Dupont, Flotek Industries Inc., Halliburton, Schlumberger Limited, Chevron Phillips Chemical Company, Clariant AG, Ashland Inc., Akzonobel N.V., Albemarle Corp., and Solvay SA. are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global oilfield stimulation chemicals market by product type (friction reducer, acids and biocides, corrosion inhibitors, gelling agent, iron control agent, and water control), end use industry (hydraulic fracturing, matrix treatments, and acid fracking), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the oilfield stimulation chemical market?
Q.4 What are some changing demands of customers in the oilfield stimulation chemical market?
Q.5 What are the new developments in the oilfield stimulation chemical market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this oilfield stimulation chemical area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this oilfield stimulation chemical market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.