Oilfield Chemicals Industry: Revenue Size, Trends and Factors, Regional Share Analysis & Forecast Till 2030
Overview: Oilfield chemicals are specialty chemicals that find diverse application in oil & gas industry. Several steps like cementing, drilling & completion, enhanced oil recovery (EOR), stimulation, and production, as well as, in the transportation of oil & gas. The global Oilfield Chemicals Industry is all set to score 4.64% CAGR during the forecast period of 2022 to 2027 and in the process, would take a leap from a valuation of USD 1.56 Billion to surpass the anticipated valuation by the end of 2027. Market Research Future (MRFR) made a claim that this rise would be smooth owing to various ongoing oilfield exploration project. The global oilfield chemicals market can be triggered by several factors like the hike in the global oilfield exploration activities. Technological advancement is expected to play a major role in the global market growth, which would trigger the intake of these chemicals. Get Free Sample ...