Global demand for oilfield chemicals will reach US$10 billion in 2008 based on efforts to increase oil and gas production from maturing reservoirs and more demanding well locations. Production, stimulation and EOR chemicals will lead gains. The North American market will remain the largest while Latin America grows the fastest.
This study analyzes the world oilfield chemical industry. It presents historical demand data (1993, 1998, 2003) and forecasts to 2008 and 2013 by product (e.g., drilling fluids, oilfield cement and cement additives, demulsifiers, corrosion and scale inhibitors, biocides, stimulation chemicals, EOR chemicals, completion and workover fluids); by world geographic region and for 27 countries.
The study also considers market environment indicators, details industry structure and company market share, and profiles 00 industry competitors including M-ISWACO, Baker Hughes, and Halliburton.