Freedonia In The News
Article Title: Growth in unconventional and offshore fields will help increase global demand.
Publication: Upstream Pumping Solutions, 4/1/2013
Freedonia Study: World Oilfield Chemicals (2973)
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World demand for oilfield chemicals is expected to increase 8.9 percent per year to $28 billion in 2016 as high oil prices and increasing demand for energy spur new development. This growth is especially strong in unconventional and offshore fields. Nearly all types of chemicals will post healthy advances, but the best opportunities will be in drilling fluids and stimulation chemicals.
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