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Specialty Oilfield Chemicals Market by Types, Applications, Trends & Global Forecasts (2011 - 2016)

By: marketsandmarkets.com
Publishing Date: January 2012
Report Code: CH 1728

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Specialty oilfield chemicals are used for improving the field operations and improve the output of drilling fluid, well stimulation, production chemicals, cementing, workover and completion, and enhance oil recovery (EOR) applications. The demand for specialty oilfield chemical is influenced by various factors such as increasing production of crude oil, location of reservoirs, deep of drilling, oil reservoirs availability, Government policies, and trade-offs among various chemical compounds.Their consumptionin various applications varies from location to location. The increasing demand for specialty chemicals in the well stimulation application is due to continuous increase in the production of crude oil from the existing and new wells in U.S., Canada, Mexico, Russia, China, and other countries.

The worldwide specialty oilfield chemicals market is showing positive signs of improvement after short term fall in 2009 due to the global economic crisis. The speciality oilfield chemicals are used consequently, during the late 2008 due to the increasing energy prices and fall of global oilfield activity. The depressing supply situation and low production volume translated into high oil and gas prices across the globe. The global market declined in growth but however stands stimulated with increase in natural gas and oil production, particularly in Asia-Pacific, Latin America, and Africa. Manufacturers are heavily depending on non-traditional sources such as intense offshore waters and oil sands for natural gas and oil, promising healthy prospects for specialty oilfield chemicals.

There is an increasing demand for various specialty oilfield chemicals since there is a need for producers to tap more oil from the existing reserves as many of the newer fields are technologically challenging in terms of drilling which includes drilling in deep water or working in very high temperature, pressure and highly corrosive conditions. Oil and gas exploration and refining represents one of the most severe environments for the metal and the corrosion management as this environment requires a detailed analysis and a thorough understanding of an array of conditions expected during the life of the system. Oilfields are normally affected by redundant microbial growth during various stages such as drilling of well, stimulation, construction of the facilities, and during production as well. Biocides are used either to completely eliminate or to control microbial growth. They are used to maintain, treat, and optimize oil or gas production from reservoirs by reducing the downtime caused by corrosion and also to clean well and surface equipments. Biocides usage pattern depends upon the nature of the underlying problem and requires different treatment philosophies as per the nature of the problem.

The crude-oil naturally occurs in the form of water-in-oil emulsion during its production. Its composition depends on the water-to-oil ratio, the natural emulsifier systems contained in the oil, and also the origin of the emulsion. The naturally occuring emulsifiers in the crude-oil have a very complex chemical nature, they differ from one oil-well to another and they also depend upon the age of the oil-wells, hence to overcome their effect, petroleum-emulsion demulsifiers must be selectively developed.

Scope of the report

This report focuses on global specialty oilfield chemicals market. This research report categorizes the global market on the basis of types, applications, and geography.

On the basis of types:

  • Corrosion inhibitor and scale inhibitor
  • Biocides
  • Demulsifiers
  • Pour-point depressants(PPD)
  • Surfactants
  • Polymers

On the basis of applications:

  • Drilling fluid
  • Well stimulation
  • Production chemicals
  • Cementing
  • Workover and completion
  • Enhanced oil recovery (EOR)

On the basis of geography:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • ROW

TABLE OF CONTENTS

1 INTRODUCTION
  1.1 KEY TAKE-AWAYS
  1.2 REPORT DESCRIPTION
  1.3 MARKETS COVERED
  1.4 STAKEHOLDERS
  1.5 RESEARCH METHODOLOGY
      1.5.1 MARKET SIZE
      1.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
      1.5.3 LIST OF SECONDARY SOURCES
      1.5.4 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
      1.5.5 ASSUMPTIONS MADE FOR THIS REPORT
      1.5.6 LIST OF COMPANIES COVERED DURING PRIMARIES
  1.6 KEY QUESTIONS ANSWERED

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW
  3.1 INTRODUCTION
  3.2 GLOBAL SPECIALTY OILFIELD CHEMICALS MARKET LANDSCAPE
  3.3 MARKET DYNAMICS
      3.3.1 DRIVERS
            3.3.1.1 Increasing crude oil production
            3.3.1.2 Increasing global deep drilling activity
            3.3.1.3 High demand for well stimulation process
      3.3.2 RESTRAINT
            3.3.2.1 Rising raw material costs
      3.3.3 OPPORTUNITIES
            3.3.3.1 Emerging economies
            3.3.3.2 Discovery of new oilfields in Asia-Pacific, Africa, and South America
      3.3.3.3 High demand for biopolymer in EOR
  3.4 BURNING ISSUE
      3.4.1 STRINGENT ENVIRONMENTAL LEGISLATIONS
  3.5 WINNING IMPERATIVE
      3.5.1 INCREASING TRENDS TOWARDS OILFIELD CHEMICALS & SERVICES COMPANIES
  3.6 RAW MATERIAL ANALYSIS
      3.6.1 ETHYLENE
      3.6.2 AMMONIA
      3.6.3 ACRYLIC ACID
      3.6.4 PHOSPHORUS
  3.7 PORTER’S FIVE FORCES
      3.7.1 COMPETITIVE RIVALRY
      3.7.2 THREAT FROM NEW ENTRANTS
      3.7.3 THREAT FROM SUBSTITUTES
      3.7.4 BARGAINING POWER OF SUPPLIERS
      3.7.5 BARGAINING POWER OF BUYERS
  3.8 POLICY & REGULATIONS
      3.8.1 OSPAR COMMISSION
      3.8.2 REACH
      3.8.3 BIOCIDAL PRODUCTS REGULATIONS (BPR)
      3.8.4 NEA STRATEGY
  3.9 TECHNOLOGY TRENDS
      3.9.1 DIRECTIONAL & HORIZONTAL DRILLING
      3.9.2 COILED TUBING & DUAL-GRADIENT DRILLING (DGD)
      3.9.3 HYDRAULIC FRACTURING
  3.10 VALUE CHAIN ANALYSIS
  3.11 PRICES TRENDS
  3.12 PATENT ANALYSIS
  
4 SPECIALTY OILFIELD CHEMICALS MARKET,  BY TYPES
  4.1 INTRODUCTION
  4.2 SPECIALTY CHEMICALS
      4.2.1 CORROSION & SCALE INHIBITORS
      4.2.2 BIOCIDES
      4.2.3 DEMULSIFIERS
      4.2.4 POUR-POINT DEPRESSANTS
      4.2.5 SURFACTANTS
      4.2.6 OTHERS
  4.3 POLYMERS
      4.3.1 NATURAL POLYMERS
      4.3.2 SYNTHETIC POLYMERS

5 SPECIALTY OILFIELD CHEMICALS, BY APPLICATIONS
  5.1 INTRODUCTION
  5.2 DRILLING FLUID
  5.3 WELL STIMULATION
  5.4 PRODUCTION CHEMICALS
  5.5 CEMENTING
  5.6 WORKOVER & COMPLETION
  5.7 ENHANCED OIL RECOVERY

6 SPECIALTY OILFIELD CHEMICALS, BY GEOGRAPHY
  6.1 INTRODUCTION
  6.2 NORTH AMERICA
  6.3 EUROPE
  6.4 ASIA-PACIFIC
  6.5 MIDDLE EAST & AFRICA

7 COMPETITIVE LANDSCAPE
  7.1 INTRODUCTION
  7.2 MERGERS & ACQUISITIONS
  7.3 NEW PRODUCTS LAUNCH AND RESEARCH & DEVELOPMENT
  7.4 PARTNERSHIP/COLLABORATION/JOINT VENTURE/ AGREEMENT/CONTRACT
  7.5 EXPANSION
  7.6 INVESTMENT
  7.7 OTHERS/SUPPLY CONTRACTS

8 COMPANY PROFILES
  8.1 AKZONOBEL NV
      8.1.1 OVERVIEW
      8.1.2 FINANCIALS
      8.1.3 PRODUCTS & SERVICES
      8.1.4 STRATEGY
      8.1.5 DEVELOPMENTS
  8.2 ALBEMARLE CORPORATION
      8.2.1 OVERVIEW
      8.2.2 FINANCIALS
      8.2.3 PRODUCT & SERVICES
      8.2.4 STRATEGY
      8.2.5 DEVELOPMENTS
  8.3 ASHLAND INC.
      8.3.1 OVERVIEW
      8.3.2 FINANCIALS
      8.3.3 PRODUCT & SERVICES
      8.3.4 STRATEGY
      8.3.5 DEVELOPMENTS
  8.4 BAKER HUGHES INCORPORATED
      8.4.1 OVERVIEW
      8.4.2 FINANCIALS
      8.4.3 PRODUCTS & SERVICES
      8.4.4 STRATEGY
      8.4.5 DEVELOPMENTS
  8.5 BASF SE
      8.5.1 OVERVIEW
      8.5.2 FINANCIALS
      8.5.3 PRODUCTS & SERVICES
      8.5.4 STRATEGY
      8.5.5 DEVELOPMENTS
  8.6 CANADIAN ENERGY SERVICES & TECHNOLOGY CORP
      8.6.1 OVERVIEW
      8.6.2 FINANCIALS
      8.6.3 PRODUCTS & SERVICES
      8.6.4 STRATEGY
      8.6.5 DEVELOPMENTS
  8.7 CHAMPION TECHNOLOGIES INC.
      8.7.1 OVERVIEW
      8.7.2 FINANCIALS
      8.7.3 PRODUCTS & SERVICES
      8.7.4 STRATEGY
      8.7.5 DEVELOPMENTS
  8.8 CLARIANT AG
      8.8.1 OVERVIEW
      8.8.2 FINANCIALS
      8.8.3 PRODUCTS & SERVICES
      8.8.4 STRATEGY
      8.8.5 DEVELOPMENTS
  8.9 CRODA INTERNATIONAL PLC
      8.9.1 OVERVIEW
      8.9.2 FINANCIALS
      8.9.3 PRODUCTS & SERVICES
      8.9.4 STRATEGY
      8.9.5 DEVELOPMENTS
  8.10 DOW CHEMICAL COMPANY
      8.10.1 OVERVIEW
      8.10.2 FINANCIALS
      8.10.3 PRODUCTS & SERVICES
      8.10.4 STRATEGY
      8.10.5 DEVELOPMENTS   
  8.11 E.I. DU PONT DE NEMOURS AND COMPANY
      8.11.1 OVERVIEW
      8.11.2 FINANCIALS
      8.11.3 PRODUCTS & SERVICES
      8.11.4 STRATEGY
      8.11.5 DEVELOPMENTS
  8.12 HALLIBURTON
      8.12.1 OVERVIEW
      8.12.2 FINANCIALS
      8.12.3 PRODUCTS & SERVICES
      8.12.4 STRATEGY
      8.12.5 DEVELOPMENTS
  8.13 KEMIRA OYJ
      8.13.1 OVERVIEW
      8.13.2 FINANCIALS
      8.13.3 PRODUCTS & SERVICES
      8.13.4 STRATEGY
      8.13.5 DEVELOPMENTS
  8.14 LAMBERTI GROUP
      8.14.1 OVERVIEW
      8.14.2 FINANCIALS
      8.14.3 PRODUCT & SERVICES
      8.14.4 STRATEGY
      8.14.5 DEVELOPMENTS
  8.15 MESSINA INC
      8.15.1 OVERVIEW
      8.15.2 FINANCIALS
      8.15.3 PRODUCT & SERVICES
      8.15.4 STRATEGY
      8.15.5 DEVELOPMENTS
  8.16 NEWPARK RESOURCES INC
      8.16.1 OVERVIEW
      8.16.2 FINANCIALS
      8.16.3 PRODUCTS & SERVICES
      8.16.4 STRATEGY
      8.16.5 DEVELOPMENTS
  8.17 RHODIA SA
      8.17.1 OVERVIEW
      8.17.2 FINANCIALS
      8.17.3 PRODUCTS & SERVICES
      8.17.4 STRATEGY
      8.17.5 DEVELOPMENTS
  8.18 SCHLUMBERGER LIMITED
      8.18.1 OVERVIEW
      8.18.2 FINANCIALS
      8.18.3 PRODUCT & SERVICES
      8.18.4 STRATEGY
      8.18.5 DEVELOPMENTS
  8.19 THE LUBRIZOL CORPORATION
      8.19.1 OVERVIEW
      8.19.2 FINANCIALS
      8.19.3 PRODUCTS & SERVICES
      8.19.4 STRATEGY
      8.19.5 DEVELOPMENTS
  8.20 ZIRAX LIMITED
      8.20.1 OVERVIEW
      8.20.2 FINANCIALS
      8.20.3 PRODUCT & SERVICES
      8.20.4 STRATEGY
      8.20.5 DEVELOPMENTS


APPENDIX
  U.S. PATENTS
  EUROPE PATENTS
  JAPAN PATENTS


LIST OF TABLES

TABLE 1 SPECIALTY OILFIELD CHEMICALS MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 2 NEA STRATEGIES & GROUP
TABLE 3 GLOBAL OILFIELD CHEMICALS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION).
TABLE 4 APPLICATIONS OF SPECIALTY CHEMICALS IN OILFIELDS
TABLE 5 GLOBAL SPECIALTY CHEMICALS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 6 ESTIMATED ANNUAL COST OF CORROSION INHIBITOR IN PETROLEUM INDUSTRY
TABLE 7 CORROSION INHIBITORS USED IN OILFIELDS
TABLE 8 SCALE INHIBITORS USED IN OILFIELDS
TABLE 9 CORROSION & SCALE INHIBITORS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 10 BIOCIDES USAGE MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 11 DEMULSIFIERS USED IN OILFIELDS
TABLE 12 DEMULSIFIERS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 13 POUR-POINT DEPRESSANTS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 14 SURFACTANTS USED IN ENHANCED OIL RECOVERY
TABLE 15 SURFACTANTS, BY GEOGRAPHY, 2009- 2016 ($MILLION)
TABLE 16 GLOBAL POLYMERS MARKET, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 17 POLYMERS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 18 NATURAL POLYMERS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 19 SYNTHETIC POLYMERS MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 20 GLOBAL SPECIALTY OILFEILD CHEMICALS MARKET REVENUE, BY APPLICATIONS, 2009 – 2016 ($MILLION)
TABLE 21 CONSUMPTION OF SPECIALTY OILFIELD CHEMICALS IN VARIOUS APPLICATIONS
TABLE 22 TYPE OF DRILLING FLUIDS & ITS USES
TABLE 23 DRILLING MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 24 MATRIX ACIDIZATION, BY ACID TYPES
TABLE 25 WELL STIMULATION MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 26 SOME OF SPECIALTY OILFIELD CHEMICALS IN PRODUCTION CHEMICALS APPLICATION
TABLE 27 PRODUCTION CHEMICALS MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 28 TYPE OF CHEMICALS USED IN CEMENTING APPLICATION
TABLE 29 CEMENTING MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 30 TYPE OF FLUIDS & COMPONENTS USED IN COMPLETION & WORKOVER APPLICATION
TABLE 31 WORKOVER & COMPLETION MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 32 STAGES OF OIL FIELD DEVELOPMENT
TABLE 33 EOR MARKET REVENUE, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
TABLE 34 NORTH AMERICA: SPECIALTY OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2009 – 2016 ($MILLION)
TABLE 35 EUROPE: SPECIALTY OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2009 – 2016 ($MILLION)
TABLE 36 ASIA PACIFIC: SPECIALTY OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2009 – 2016 ($MILLION)
TABLE 37 MIDDLE EAST & AFRICA: SPECIALTY OILFIELD CHEMICALS MARKET REVENUE, BY COUNTRY, 2009 – 2016 ($MILLION)
TABLE 38 MERGERS & ACQUISITIONS, 2008 – 2011
TABLE 39 NEW PRODUCTS LAUNCH AND RESEARCH & DEVELOPMENT, 2008 – 2011
TABLE 40 PARTNERSHIP/COLLABORATION/JOINT VENTURE/AGREEMENT/ CONTRACT, 2009 – 2011
TABLE 41 EXPANSION, 2008 – 2011
TABLE 42 INVESTMENT, 2010 – 2011
TABLE 43 OTHERS/SUPPLY CONTRACTS, 2009 – 2011
TABLE 44 AKZONOBEL: SPECIALTY CHEMICALS SEGMENTS REVENUE, 2010 ($MILLION)
TABLE 45 AKZONOBEL: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 46 ALBEMARLE CORP: TOTAL REVENUE, BY SEGMENTS, 2009 – 2010 ($MILLION)
TABLE 47 ALBEMARLE CORP: TOTAL REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 48 ALBEMARLE CORP: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 49 ASHLAND INC: TOTAL REVENUE, BY SEGMENTS, 2010 - 2011 ($MILLION)
TABLE 50 ASHLAND INC: TOTAL REVENUE, BY GEOGRAPHY, 2010 - 2011 ($MILLION)
TABLE 51 ASHLAND INC.: PRODUCTS PORTFOILO & ITS APPLICATION
TABLE 52 BAKER HUGHES: TOTAL REVENUE AND R&D EXPENSES, 2009 – 2010 ($MILLION)
TABLE 53 BAKER HUGHES: TOTAL REVENUE, BY GEOGRAPHY & SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 54 BAKER HUGHES: PRODUCTS PORTFOLIO & ITS APPLICATION
TABLE 55 BASF SE: TOTAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 56 BASF SE: PERFORMANCE PRODUCT SEGMENT REVENUE, BY DIVISION, 2009 - 2010 ($MILLION)
TABLE 57 BASF SE: CHEMICAL SEGMENT REVENUE, BY DIVISION, 2009 - 2010 ($MILLION)
TABLE 58 BASF SE: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 59 CANADIAN ENERGY SERVICES & TECHNOLOGY CORP.: ANNUAL REVENUE, BY SEGMENTS, 2009 – 2010 ($MILLION)
TABLE 60 TOTAL REVENUE, BY GEOGRAPHY, FOR YEAR ENDING DECEMBER 31 ($MILLION)
TABLE 61 CHAMPION TECHNOLOGIES: PRODUCTS PORTFOLIO & ITS APPLICATION
TABLE 62 CLARIANT: TOTAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 63 CLARIANT: TOTAL REVENUE, BY GEOGRAPHY, 2009 – 2010 ($MILLION)
TABLE 64 CLARIANT: PRODUCTS & ITS APPLICATION
TABLE 65 CRODA: ANNUAL REVENUE, BY SEGMENTS, 2010 ($MILLION)
TABLE 66 CRODA: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 67 DOW CHEMICAL: REVENUE, BY SEGMENTS, 2009 – 2010 ($MILLION)
TABLE 68 DOW CHEMICAL: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 69 DUPONT: ANNUAL REVENUE, BY SEGMENTS, 2009 - 2010, ($MILLION)
TABLE 70 DUPONT: ANNUAL REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION),
TABLE 71 DUPONT: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 72 HALLIBURTON: ANNUAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 73 HALLIBURTON: ANNUAL REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 74 HALLIBURTON: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 75 KEMIRA: TOTAL REVENUE, BY SEGMENTS, 2010 ($MILLION)
TABLE 76 KEMIRA: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 77 LAMBERTI: PRODUCT PORTFOLIO & ITS APPLICATIONS
TABLE 78 MESSINA: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 79 NEWPARK RESOURCES INC: ANNUAL REVENUE, 2009 – 2010 ($MILLION)
TABLE 80 NEWPARK RESOURCES INC: BREAKUP FOR FLUIDS SYSTEMS & ENGINEERING SEGMENT, BY GEOGRAPHY, 2009 – 2010 ($MILLION)
TABLE 81 RHODIA SA: TOTAL REVENUE, 2009 - 2010 ($MILLION)
TABLE 82 RHODIA SA: TOTAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 83 RHODIA SA: TOTAL REVENUE, BY GEOGRAPHY, 2009 – 2010 ($MILLION)
TABLE 84 RHODIA SA: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 85 SCHLUMBERGER LIMITED: TOTAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 86 SCHLUMBERGER LIMITED: PRODUCTS PORTFOLIO & ITS APPLICATIONS
TABLE 87 LUBRIZOL: ANNUAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 88 LUBRIZOL: PRODUCTS PORTFOLIO & ITS APPLICATIONS


LIST OF FIGURES

FIGURE 1 PERCENTAGE OF CRUDE OIL PRODUCTION, BY GEOGRAPHY, 2006 – 2010 (THOUSAND B/D)
FIGURE 2 GLOBAL SPECIALTY OILFIELD CHEMICALS MARKET LANDSCAPE
FIGURE 3 CONSUMPTION OF ETHYLENE, BY GEOGRAPHY, 2010
FIGURE 4 AMMONIA MARKET SHARE, BY GEOGRAPHY, 2010
FIGURE 5 ACRYLIC ACID COSNUMPTION, BY GEOGRAPHY, 2010
FIGURE 6 ACRYLAMIDE MARKET SHARE, BY GEOGRAPHY, 2010
FIGURE 7 PHOSPHATE ROCK PRODUCTION, BY GEOGRAPHY, 2010
FIGURE 8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 9 SPECILIATY OILFIELD CHEMICALS INDUSTRY – VALUE CHAIN
FIGURE 10 GLOBAL OIL FIELD CHEMICAL PRICES, BY TYPES,  2009 – 2016 ($/LBS)
FIGURE 11 GLOBAL PATENT ANALYSIS, BY PLAYERS, 2006 – 2011 (%)
FIGURE 12 GLOBAL PATENT ANALYSIS, BY TYPES, 2006 – 2011
FIGURE 13 GLOBAL PATENT ANALYSIS, BY APPLICATIONS, 2006 – 2011
FIGURE 14 PATENT ANALYSIS, BY GEOGRAPHY, 2006 – 2011
FIGURE 15 TRENDS IN PATENT FILINGS, 2006 – 2011
FIGURE 16 SPECIALTY OILFIELD CHEMICALS MARKET SHARE, BY GEOGRAPHY, 2010
FIGURE 17 NORTH AMERICA: SPECIALTY OILFIELD CHEMICALS MARKET SHARE, BY COUNTRY, 2010
FIGURE 18 EUROPE: SPECIALTY OILFIELD CHEMICALS MARKET SHARE, BY COUNTRY, 2010
FIGURE 19 ASIA-PACIFIC: MARKET SHARE, BY COUNTRY, 2010
FIGURE 20 MIDDLE EAST & AFRICA: SPECIALTY OILFIELD CHEMICALS MARKET SHARE, BY COUNTRY, 2010
FIGURE 21 GLOBAL OILFIELD CHEMICALS MARKET SHARE, BY GROWTH STRATEGIES, 2008 – 2011
FIGURE 22 GLOBAL OILFIELD CHEMICALS MARKETSHARE, BY COMPANY, 2008 – 2011

The specialty oilfield chemicals market, globally, has been greatly influenced by the production of crude oil. It is driven by the consumption of crude oil, deep drilling activity, and well stimulation process. North America and Europe have been the largest markets for speciality oil field chemicals. However, in recent years the growth in these regions has been sluggish. The real drive in demand has come from emerging/developing economies in Middle East, Africa, and Asia-Pacific (China, India, and Japan) due to growing population and rapid industrialization.

Many companies suffered for investments in 2008 and many projects were delayed due to constrained spending. Moreover, there was rapid recovery in the oil and gas industry especially in Asia-Pacific, Africa, and South America in 2010. Many of the international companies are investing in the Iraqi oil sector and development of new exploration and production techniques also increased for the investment in oilfield chemicals, especially in the Middle East.

North American corrosion and scale inhibitor market in oilfield applications is estimated to be around $1,085.82 million in 2011 and is expected to reach up to $1,667.6 million by 2016, with a CAGR of 8.9%.North America and European oilfields are the major consumers of corrosion and scale inhibitors due to the highly mature fields in these regions. Most of Western Europe's oil field production is in the North Sea, where the aging of wells has been accompanied by problems of corrosion and scale.

The global drilling fluid market is expected to grow from $3,811.2 million in 2011 to $5,694.2 million by 2016, at a CAGR of 8.4% from 2011 to 2016. North America holds the largest share; i.e. 33.1% of the global drilling fluid market in 2011 and is expected to grow with a CAGR of 9.1% to reach $1,953.1 million by 2016. Since North America oil wells are drilling very deep in order to produce the crude oil there consumption of specialty oilfield chemicals has also increased in order to protect the equipment metal and control the pressure and temperature in oil wells.

Increasing concern over the environmental impact of chemicals has led to stringent regulatory constraints for oilfield chemical manufacturers. Currently, the manufacturers of oilfield chemicals are encouraged to opt for green alternatives. However, these manufacturers find it difficult to replace the standard formulations with green alternatives as developing these more environment friendly chemistries is a real challenge, since these chemicals have to perform under more extreme conditions.

Specialty Oilfield Chemicals Market Share, By Region, 2010

Specialty Oilfield Chemicals Market

Source: Company Sources, OPEC, MarketsandMarkets Analysis

The global market is expected to grow from $7,329.2 million in 2011 to $10,908.4 million by 2016, at a CAGR of 8.3% from 2011 to 2016. North America holds the largest share; i.e. 61% in the global market for specialty oilfield chemicals in 2011 and is expected to grow at a CAGR of 7.8% to reach $6,523.2 million by 2016. This increase growth shows the result of recovery in the oil and gas industry from a subpar 2009, a year of declines in oil and gas production, rig counts and drilling activity in many of the major markets such as U.S. and Canada. Moreover, increase in the global oil and gas prices will also create force for further drilling and well completion activity, which drives demand.

Leading players in the specialty oilfield chemicals includes Albemarle Corporation (U.S.), AkzoNobel NV (The Netherlands), Ashland Inc. (U.S.),Baker Hughes Incorporated (U.S.), BASF SE (Germany), Champion Technologies (U.S), Clariant AG (Switzerland), Croda International Plc (U.K.), Dow Chemical Company (U.S.), Halliburton (U.S.), Kemira oyj (Finland), Lubrizol Corporation (U.S.), Nalco Holding Company (U.S.), Schlumberger Limited (U.S.), etc.

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