The report on the specialty oilfield chemical market gives an in-depth understanding on the size, growth, and forecast of the market in question. It analyzes the industrial growth rate, its present capacity, and potential expansion in the coming years, along with a complete structural overview. The report further analyzes the historical data, and projects the specialty market production, size, market drivers, and inhibitors.
With special analyzing tools such as Porter’s five forces analysis, the report estimates threat from new entrants, threat from substitute products and services, bargaining power of buyers, bargaining power of suppliers, and the intensity of competitive rivalry. In addition to this, the report also uses SWOT analysis to determine the strengths of specialty oilfield chemical market, its weaknesses, possible opportunities, and the threats. To make all of these findings relevant to the reader, the report contains extensive study on utilizing SWOT for matching strengths to opportunities, and converting weaknesses and threats into strengths and opportunities.
The specialty oilfield chemical market research report study analyzes various factors that are likely to drive this market on the road to success. This report is meant for every reader looking to gain valuable insight into this market and make well-informed business decisions.
Overview of the specialty oilfield chemical market
Specialty oilfield chemical market research report states that specialty chemical vendors produced high revenue and sales volume in 2010. The noticeable products sold under this market are industrial and institutional cleaners, specialty polymers, pesticides, electronic chemicals, and construction chemicals. All of these put together account for 38% of total market share.
The specialty oilfield chemical market is expected to reach US$ 1080.1 billion by 2017, which will be an increase of 58% since 2010. The report attributes this growth to rise in demand for shale oil and gas industry in North America, increase in the production of crude oil, growth in deep drilling activities, and growing need for well stimulation processes. These drivers are expected to push the specialty oilfield chemical industry to a new high in the coming years.
The specialty oilfield chemicals manufacturers will primarily focus on expanding their businesses in Asia-Pacific, Brazil, and Middle East to increase their sales and revenues. Additionally, the manufacturers will also focus on acquisitions to add to their product portfolio and increase geographic penetration.
Companies mentioned in the research report
The report analyzes several market trends impacting specialty oilfield chemical market and looks at its growth strategy through the eyes of many leading players. Some of the companies profiled in this report are, and Schlumberger Limited (U.S.), Akzonobel NV (The Netherlands), Baker Hughes (U.S.), Halliburton, DuPont (U.S.), and BASF SE (Germany).
This market research report analyzes the following geographies:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
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- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments