Global Oilfield Equipment Market Report Analysis By Top Key Players Like Schlumberger, Halliburton, Cameron, Transocean, Baker Hughes And Global Forecast 2018-2025

Supply Chain Analytics Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2019-2026 based on the historical data.

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Some of the prominent players operating in the global Supply Chain Analytics market are Birst Inc., Capgemini SA., IBM Corporation, Kinaxis, Inc., Oracle Corporation, Sage Clarity LLC, SAP SE, SAS Institute, Inc., and Tata Consultancy Services Ltd.

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According to the current analysis of Reports and Data, the global Specialty Oilfield Chemicals market was valued at USD 10.98 Billion in 2020 and is expected to reach USD 14.95 Billion by 2028, at a CAGR of 3.90%.

These chemicals have many dynamic applications and find extensive use in the oil and gas industry.

Those that can solve more than one purpose are usually preferred, like surfactant chemicals.An increasing trend for supply centers shifting is observed due to the arrival of shale gas in the US as compared to the coals or olefins from China.

Another major factor that will hamper the growth of the market over the forecasted period is the shift of the consumers towards sustainable products which completely avoids the use of plastics as well as other specialty oilfield chemicals.The top companies profiled in the report include BASF SE, Solvay, Akzo Nobel NV, Huntsman International LLC, Thermax Global, Sadara, Global Drilling Fluids & Chemicals Limited, Roemex Limited, Schlumberger, Ashland Inc.Get a sample copy of the Specialty Oilfield Chemicals industry report @ https://www.reportsanddata.com/sample-enquiry-form/2040Major factors driving revenue growth of the global materials & chemicals industry are rise in global population, tremendous increase in demand for essential consumer products such as food & beverages, cosmetics, and personal care & hygiene products, and extensive use of chemicals and raw materials in industries including buildings & construction, automotive, agriculture, textiles, packaging, electronics, and several other industries.

Other major factors bolstering market revenue growth are the increasing focus of manufacturers on using eco-friendly and sustainable materials & chemicals for reduced environmental impact, the introduction of organic and highly sustainable chemicals, and increasing demand for high-performance agrochemicals and specialty chemicals.Global Specialty Oilfield Chemicals Market: Regional SegmentationNorth AmericaU.S.CanadaMexicoEuropeRussiaU.K.GermanyFranceBENELUXRest of EuropeAsia PacificChinaJapanIndiaSouth KoreaRest of Asia PacificLatin AmericaBrazilRest of Latin AmericaMiddle East & AfricaSaudi ArabiaU.A.E.IsraelRest of Middle East & AfricaRequest a favorable discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2040For the purpose of this study, Reports and Data have segmented the Specialty Oilfield Chemicals market on the basis of product, application, and region:Product DemulsifierDeoilerBiocideFluid Loss AdditiveCorrosion and Scale InhibitorsClay StabilizerPour Point DepressantOthersApplication DrillingCementingProductionEnhanced Oil RecoveryWell StimulationTo know more about the report, visit @ https://www.reportsanddata.com/report-detail/specialty-oilfield-chemicals-marketReasons for Buying this Report:The report focuses on market share, market size, revenue share, industry growth rate, regional bifurcation, and overall industry outlook.The study provides pinpoint analysis for changing competitive dynamics.The report helps readers in understanding the product segments and their future growth.Analysts in this research report can quickly expand their business by focusing on various business and market strategies.

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New York, NY 13 May 2021: The global oilfield chemicals market is anticipated to reach USD 35.08 billion by 2026 according to a new study published by Polaris Market Research.

The moderate increase currently and expected boom in the near future of crude oil prices are expected to bring about increases in demand for oilfield chemicals that are used in well drilling & completion, hydraulic fracturing and EOR operations.

The revival of drilling operations in the existing wells owing to increase in crude prices to a feasible level and the rise in drilling of unconventional wells for pilot project and also for production especially in the North American and North Sea regions will add to demand for these products.

The enhanced technologies currently utilized for developing shale gas and tight oil resources have evolved as major trend over the past years.

This will include the ongoing trend towards fracturing fluids for slick water and also high-performance drilling mud chemicals.

Development of several chemical formulations that can address environmental concerns will have an important impact on its market, promoting to added demand for high quality environmentally friendly chemicals, including less toxic biocides and biodegradable shale inhibitors.

An increasing focus on the Internet of Things (IoT), remote instrumentation, and process automation in the financial services, manufacturing, and retail industries has transformed the oil & gas industry (O).

Although widespread adoption is still some time away, greater integration of large-scale data coupled with improving technology enable even smaller players to consider oilfield analytics.

Companies involved in upstream, midstream, and downstream activities have recorded falling profit margins.

The extraction of O from unconventional sources has grown by leaps and bounds with shale oil, subsea oil, and oil sands being examples.

Oilfield analytics help in the production and drilling of O from unconventional sources by reducing risks and operating expenses.

Focus on the US Market For Maximum Profitability in the Oilfield Analytics MarketThe US plays a critical role in the global oilfield analytics market as a large consumer and leading provider.