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Study #: 2821

Published: 11/2011

Pages: 319

Full Study Price: US$ 4,900

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Oilfield Chemicals to 2015 - Industry Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US oilfield chemical demand will rise 8.3 percent yearly through 2015, driven by the recovery of oil prices and the development of shale gas resources. Stimulation and cementing chemicals will be the fastest growing products, followed by drilling fluids. Natural gums, polymers, acids and surfactants will be among the best prospects in raw materials.

This study analyzes the $9.1 billion US oilfield chemical industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by product (stimulation chemicals, drilling fluids, production chemicals, cementing chemicals, enhanced oil recovery products, completion and workover fluids) and raw material (e.g., specialty chemicals, commodity chemicals, polymers, gases).

The study also considers market environment factors, reviews technology, details industry structure, evaluates company market share and profiles 40 industry players, including Schlumberger, Baker Hughes and Halliburton.

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				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      ix

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Macroeconomic Environment					       5
		Petroleum & Natural Gas Outlook					       9
		   Natural Gas							      11
		      Exploration & Reserves					      14
		      Production						      16
		      Drilling							      20
		      Pricing							      22
		   Petroleum							      25
		      Exploration & Reserves					      28
		      Production						      31
		      Drilling							      35
		      Pricing							      38
		Oilfield Services Outlook					      40
		Enhanced Oil Recovery						      42
		Historical Market Trends					      45
		Raw Material Pricing Trends					      49
		Formulated Product Pricing Trends				      51
		Environmental & Regulatory Considerations			      52
		Foreign Trade							      58
		International Environment					      59
		   World Oil & Gas Reserves					      60
		      Petroleum							      60
		      Natural Gas						      62
		   World Oil & Gas Production					      65
		   World Oilfield Chemicals Outlook				      69

	III.	TECHNOLOGY							      72
		General								      72
		Well Drilling							      74
		   Directional Drilling						      75
		   Horizontal Drilling						      75
		   Expandable Technologies					      77
		   Coiled Tubing Drilling					      78
		   Dual-Gradient Drilling					      79
		   Other Drilling Technologies					      80
		   Drilling Fluids						      81
		Well Completion & Workover					      83
		Coalbed Methane							      85
		Shale Formations						      86
		Well Stimulation						      88
		   Hydraulic Fracturing						      89
		   Nitrogen Fracturing						      92
		   Acidizing							      93
		      Types							      93
		      Uses							      94
		      Retardation of Acid Reactions				      96
		   Fracture Acidizing						      98
		   Other Well Stimulation Techniques & Technology		      98
		   Well Stimulation Fluids					     100
		      Fracturing Fluids						     101
		      Foamed Fracturing Fluids					     104
		      Acidizing Fluids						     104
		      Foamed Acidizing Fluids					     105
		Enhanced Oil Recovery						     105
		   Thermal Recovery						     106
		   Gas Recovery							     107
		   Chemical Recovery						     107
		   Other EOR Methods						     108
		Other Oilfield Technologies					     109

	IV.	OILFIELD CHEMICAL PRODUCTS					     112
		General								     112
		Stimulation Chemicals						     115
		   Base Fluid Materials						     118
		   Additives							     119
		Drilling Fluids							     121
		   Product Characteristics					     123
		   Demand by Type						     125
		      Water-Based						     128
		      Synthetic-Based						     129
		      Oil-Based							     130
		   Demand by Location						     132
		   Market Share							     134
		Production Chemicals						     137
		   Corrosion & Scale Inhibitors					     140
		   Demulsifiers & Related Products				     142
		   Lubricants							     144
		   Asphaltene & Paraffin Inhibitors				     146
		   Biocides							     148
		   Defoamers							     150
		   Other							     152
		   Market Share							     154
		Cementing Chemicals						     156
		Enhanced Oil Recovery (EOR) Products				     158
		Completion & Workover Fluids					     161
		   Product Characteristics					     162
		   Market Share							     163

	V.	OILFIELD CHEMICAL RAW MATERIALS					     166
		General								     166
		Specialty Chemicals						     168
		   Surfactants							     170
		   Other Specialty Chemicals					     173
		Commodity Chemicals						     176
		   Cement							     179
		   Barite							     183
		   Acids							     186
		   Bromine Compounds						     188
		   Clays							     190
		   Calcium Chloride						     192
		   Other Commodity Chemicals					     194
		Polymers							     196
		   Natural Gums							     199
		      Xanthan Gum						     201
		      Guar Gum							     201
		      Other Gums						     202
		   Cellulose Polymers						     202
		   Polyacrylamides						     205
		   Other Polymers						     207
		Gases								     209
		   Nitrogen							     212
		   Carbon Dioxide						     214
		Other Raw Materials						     217

	VI.	INDUSTRY STRUCTURE						     220
		General								     220
		Market Share							     223
		   Formulated Product Market Share				     225
		   Raw Material Market Share					     228
		Industry Restructuring						     229
		Cooperative Agreements						     233
		Marketing & Distribution					     234
		Research & Development						     236
		Competitive Strategies						     238
		Company Profiles						     241
		   Adomite, see Nalco Holding
		   Air Products and Chemicals Incorporated			     242
		   Akzo Nobel NV						     243
		   Albemarle Corporation					     245
		   AMCOL International Corporation				     247
		   American Colloid, see AMCOL International
		   Ashland Incorporated						     249
		   Baker Hughes Incorporated					     252
		   BASF SE							     257
		   Berkshire Hathaway Incorporated				     259
		   Capitol Aggregates Limited					     260
		   CEMEX SAB de CV						     261
		   Champion Technologies Incorporated				     262
		   Chemtura Corporation						     264
		   Chevron Phillips Chemical Company LLC			     265
		   Clariant International Limited				     267
		   Croda International plc					     269
		   Dow Chemical Company						     271
		   Drilling Specialties, see Chevron Phillips Chemical
		   DuPont (EI) de Nemours					     273
		   Elementis plc						     274
		   Emery Oleochemicals Group					     276
		   Enerchem International Incorporated				     277
		   Excalibar Minerals, see Newpark Resources
		   GEO Drilling Fluids Incorporated				     278
		   Halliburton Company						     279
		   International Specialty Products, see Ashland
		   Israel Chemicals Limited					     283
		   Kemira Oyj							     285
		   Kinder Morgan Energy Partners LP				     287
		   Koch Industries Incorporated					     288
		   Lafarge SA							     290
		   M-I SWACO, see Schlumberger
		   Messina Incorporated						     291
		   Nalco Holding Company					     293
		   National Oilwell Varco Incorporated				     295
		   Newpark Resources Incorporated				     296
		   Nexeo Solutions LLC						     299
		   Patterson-UTI Energy Incorporated				     300
		   Praxair Incorporated						     301
		   Roemex Limited						     302
		   Schlumberger Limited						     303
		   Smith International, see Schlumberger
		   Solvay SA							     307
		   TETRA Technologies Incorporated				     309
		   Texas Industries Incorporated				     311
		   Weatherford International Limited				     312
		Other Companies Mentioned in Study				     315


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Macroeconomic Indicators					       9
	2	US Oil & Natural Gas Field Production				      11
	3	US Natural Gas Supply & Demand					      13
	4	Natural Gas Drilling Indicators					      21
	5	US Petroleum Supply & Demand					      27
	6	Petroleum Drilling Indicators					      37
	7	Oilfield Services Indicators					      42
	8	US Enhanced Oil Recovery (EOR) Outlook				      45
	9	Oilfield Chemical Market, 2000-2010				      47
	10	Selected Oilfield Chemical Raw Material Prices			      51
	11	Selected Oilfield Chemical Product Prices			      52
	12	Petroleum Reserves by Country, 2010				      62
	13	Natural Gas Reserves by Country, 2010				      64
	14	World Oil & Gas Production					      69

		SECTION IV -- OILFIELD CHEMICAL PRODUCTS
	1	Formulated Oilfield Chemical Demand by Type			     114
	2	Oilfield Stimulation Chemical Demand				     118
	3	Drilling Fluid Demand						     123
	4	Selected Drilling Fluid Additives & Their Functions		     125
	5	Drilling Fluid Demand by Type					     126
	6	Water-Based Drilling Fluid Demand				     129
	7	Synthetic-Based Drilling Fluid Demand				     130
	8	Oil-Based Drilling Fluid Demand					     131
	9	Drilling Fluid Demand by Location				     134
	10	Oilfield Production Chemical Demand by Type			     139
	11	Corrosion & Scale Inhibitor Demand in Oilfield Applications	     142
	12	Demulsifier & Related Product Demand 
		   in Oilfield Applications					     144
	13	Lubricant Demand in Oilfield Applications			     146
	14	Asphaltene & Paraffin Inhibitor Demand 
		   in Oilfield Applications					     148
	15	Biocide Demand in Oilfield Applications				     150
	16	Defoamer Demand in Oilfield Applications			     152
	17	Other Oilfield Production Chemicals Demand			     154
	18	Oilfield Cementing Chemical Demand				     158
	19	Enhanced Oil Recovery (EOR) Products Demand			     161
	20	Completion & Workover Fluid Demand				     162

		SECTION V -- OILFIELD CHEMICAL RAW MATERIALS
	1	Oilfield Chemical Raw Material Demand by Type			     167
	2	Specialty Chemical Demand in Oilfield Applications		     169
	3	Surfactant Demand in Oilfield Applications			     173
	4	Other Specialty Chemical Demand in Oilfield Applications	     176
	5	Commodity Chemical Demand in Oilfield Applications		     178
	6	Cement Demand in Oilfield Applications				     183
	7	Barite Demand in Oilfield Applications				     186
	8	Acid Demand in Oilfield Applications				     188
	9	Bromine Compound Demand in Oilfield Applications		     190
	10	Clay Demand in Oilfield Applications				     192
	11	Calcium Chloride Demand in Oilfield Applications		     194
	12	Other Commodity Chemical Demand in Oilfield Applications	     196
	13	Polymer Demand in Oilfield Applications				     198
	14	Natural Gum Demand in Oilfield Applications			     200
	15	Cellulose Polymer Demand in Oilfield Applications		     205
	16	Polyacrylamide Demand in Oilfield Applications			     207
	17	Other Polymer Demand in Oilfield Applications			     209
	18	Gases Demand in Oilfield Applications				     212
	19	Nitrogen Demand in Oilfield Applications			     214
	20	Merchant Carbon Dioxide Demand in Oilfield Applications		     217
	21	Other Raw Material Demand in Oilfield Applications		     219

		SECTION VI -- INDUSTRY STRUCTURE
	1	US Oilfield Chemical Sales by Company, 2010			     222
	2	Selected Acquisitions & Divestitures				     231
	3	Selected Cooperative Agreements					     234
	4	Research & Development Expenditures for Selected Oilfield 
		   Chemical Firms						     238
 
				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- MARKET ENVIRONMENT
	1	US Natural Gas Production by Type, 2000-2020			      14
	2	US Natural Gas Reserves, 2000-2010				      15
	3	US Natural Gas Reserves by State, 2010				      16
	4	US Natural Gas Production, 2000-2010				      18
	5	Natural Gas Producing States, 2010				      19
	6	Natural Gas Drilling Indicators, 2000-2010			      21
	7	Natural Gas Wellhead Prices, 2000-2010				      23
	8	Natural Gas & Crude Oil Pricing, 2000-2010			      25
	9	US Crude Oil Imports by Source, 2010				      28
	10	US Petroleum Reserves, 2000-2010				      30
	11	US Crude Oil Reserves by State, 2010				      31
	12	US Petroleum Production, 2000-2010				      33
	13	Crude Oil Producing States, 2010				      34
	14	Petroleum Drilling Indicators, 2000-2010			      37
	15	Petroleum Prices, 2000-2010					      40
	16	Oilfield Chemical Market, 2000-2010: Formulated Product 
		   Demand and Oil & Gas Production				      48
	17	Oilfield Chemical Market, 2000-2010: Formulated Product 
		   Demand, Oil Prices & Active Rig Count			      49


		SECTION IV -- OILFIELD CHEMICAL PRODUCTS
	1	Formulated Oilfield Chemical Demand by Type, 2010		     115
	2	Drilling Fluid Demand by Type, 2010: Value & Volume		     127
	3	Drilling Fluid Market Share, 2010				     137
	4	Oilfield Production Chemical Demand by Type, 2010		     140
	5	Oilfield Production Chemical Market Share, 2010			     156
	6	Completion & Workover Fluids Market Share, 2010			     165

		SECTION V -- OILFIELD CHEMICAL RAW MATERIALS
	1	Oilfield Chemical Raw Material Demand by Type, 2010		     168
	2	Commodity Chemical Demand in Oilfield Applications, 2010	     179
	3	Polymer Demand in Oilfield Applications, 2010			     199

		SECTION VI -- INDUSTRY STRUCTURE
	1	US Formulated Oilfield Chemical Market Share, 2010		     226




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