Oilfield Services Market by Type (Coiled Tubing Services, Completion Equipment & Services, Drilling & Completion Fluids, Drilling Waste Management, OCTG, Pressure Pumping Services, Well Intervention Services and Wireline services), by Geography (Asia-Pacific, Europe, Middle East, Africa, North America and South America) - Global Trends and forecasts to 2019

1. Specialty Oilfield Chemicals
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Specialty oilfield chemicals are used for enhancing the recovery of hydrocarbons from the well.
Various categories of specialty oilfield chemicals include corrosion inhibitors, scale inhibitors,
biocides, demulsifies, pour-point depressants, surfactants, and advanced polymers. These
chemicals are added in well drilling, completion, production, and workover fluids to achieve the
optimum performance and enhance the effectiveness of the oil recovery.

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Recent boom in shale oil and gas industry in North America is driving the demand for specialty
oilfield chemicals. The factors driving growth in the specialty oilfield chemicals market are
increasing production of crude oil, growing deep drilling activities, and increasing demand for
well stimulation process. The specialty oilfield chemicals market is expected to experience huge
growth due to enormous potential offered by these drivers.

4. Specialty oilfield chemicals manufacturers mainly focus on acquisitions to expand their product
portfolio for various applications as well as deepen their geographical penetration. Expansion
into growing markets such as Asia-Pacific, Brazil, and Middle East has been and will be the key
success for specialty oilfield chemicals producers if they intend to increase their overall sales
and revenue.
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5. Our study covers the global specialty oilfield chemicals market in major regions namely North
America, Europe, Africa & the Middle East, Asia-Pacific, and Latin America & ROW for major
applications such as drilling fluids, well stimulations, production chemicals, cementing, workover
& completion, and enhanced oil recovery. This report analyzes different marketing trends and
establishes the most effective growth strategy in the market. It identifies market dynamics such
as drivers, restraints, opportunities, and winning imperatives. Major companies such as
Akzonobel NV (The Netherlands), BASF SE (Germany), DuPont (U.S.), Baker Hughes (U.S.),
Halliburton, and Schlumberger Limited (U.S.) have also been profiled.
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6. Specialty oilfield chemicals are used in the oilfield operations mainly to improve well
performance and eventually the recovery from reserves. They are used in several applications
such as drilling, cementing, work over & completion, well stimulation, and enhanced oil
recovery. Increasing oil production, extraction of oils from technologically challenging
hydrocarbon geologies, and necessity of more efficient extraction are boosting interest in the
specialty oilfield chemicals market.
This market is driven by increasing production of crude oil, growing deep drilling activities, and
high demand for well stimulation processes. The demand for specialty oilfield chemicals is
increasing in enhanced oil recovery application as EOR activities are rising globally to enhance
crude oil production from mature or declining reserves. The Asia-Pacific region is estimated to
be the fastest growing region as drilling, cementing, and stimulation activities are registering a
high growth in the region.
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The North American region dominated the specialty oilfield chemicals market in 2013, globally.
The U.S., Canada, Russia, U.K., and China are the major countries with a huge demand for
specialty oilfield chemicals. Asia-Pacific is expected to show the highest growth rate of 6.4%
between 2014 and 2019 for the specialty oilfield chemicals market.
The major market players focus on expanding their geographical presence while small players
are mostly regional in nature. The major players are also focusing on capturing market share by
acquiring other companies to enhance their product portfolio, technological knowledge, and
regional presence.
The specialty oilfield chemicals market is expected to witness a high growth from low
penetrated applications and regions. One of the major problems is the political atmosphere in
some of the major oil producing countries in the Middle East.
The report analyzes the market based on the major types, applications, and geography. It also
covers the market behavior of leading producers, key developments, and strategies
implemented to sustain and succeed in the market.

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Oilfield services market report analyzes various marketing trends and establishes the most-
effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning
issues, and winning imperatives. Major companies such as Schlumberger, Halliburton, Baker
Hughes, and Weatherford have also been profiled in this report.
On basis of services type:
Coiled Tubing Services
Completion Equipment & Services
Drilling & Completion Fluids
Drilling Waste Management
OCTG
Pressure Pumping Services
Well Intervention Services
Wireline Services

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Contact – Aditya.Ahuja@marketsandmarkets.com for complete report.
Phone: 91 869 878 1311