Global demand for oilfield chemicals will rise 5.9 percent annually through 2010, driven by sustained growth in drilling activity. The dominant North American market will register healthy gains as producers strive to maintain production. Drilling fluids will remain the largest type while well stimulation chemicals will lead gains.
This study analyzes the $10.9 billion world oilfield chemical industry. It presents historical demand data for (1995, 2000 and 2005) and forecasts to 2010 and 2015 by oilfield chemical type (e.g., drilling fluids, oilfield cement and cement additives, demulsifiers, corrosion and scale inhibitors, biocides, stimulation chemicals, EOR chemicals, completion and workover fluids); world region and for 25 countries.
The study also considers market environment factors, reviews oilfield technology, details industry structure, evaluates company market share and profiles 37 major players including M-I SWACO, Baker Hughes, and Halliburton.