US oilfield chemical demand will grow 4.4 percent annually through 2013. The market will decline in the short term then rebound by the end of the forecast period, based mainly on swings in oil and gas prices. Stimulation chemicals and EOR products will be the fastest growing segments. Acids and polymers used in stimulation fluids will see growth.
This study analyzes the US oilfield chemical industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., drilling fluids, production chemicals, cementing chemicals, completion and workover fluids, EOR products) and raw material (e.g., commodity chemicals, specialty chemicals, polymers, gases).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 42 industry players, including M-I SWACO, Baker Hughes and Halliburton.