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Oilfield Biocides Market Growing Worth to Estimated Valued by USD 5,85,143.0 thousand With CAGR of 7.33% | Global Share Report, Industry Size, Demand & Supply, Sales Revenue, Key Players by 2023

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Oilfield Biocides Market Growing Worth to Estimated Valued by USD 5,85,143.0 thousand With CAGR of 7.33% | Global Share Report, Industry Size, Demand & Supply, Sales Revenue, Key Players by 2023

March 22
00:54 2020
Oilfield Biocides Market Growing Worth to Estimated Valued by USD 5,85,143.0 thousand With CAGR of 7.33% | Global Share Report, Industry Size, Demand & Supply, Sales Revenue, Key Players by 2023

Oilfield Biocides Market
Global Oilfield Biocides Market: Information by Type (Glutaraldehyde, THPS [Tetrakis (Hydroxymethyl) Phosphonium Sulfate], Bronopol), Application (Upstream, Midstream, and Downstream), and Region (North America, Europe, Asia-Pacific)—Forecast till 2023

Oilfield Biocides Market Overview:

The global oilfield biocides market is estimated to be valued at USD 5,85,143.0 thousand by 2023 and is expected to register a CAGR of 7.33% during the forecast period.

The growth of the global oilfield biocides market is mainly driven by the growth of the oil and gas industry due to increasing energy demand mainly in India and China on account of rapid industrialization. The increasing investment in exploration and production of unconventional resources due to rising concern regarding depleting conventional resources is likely to increase the adoption of hydraulic fracturing technology in the oil and gas industry. The surge in the use of hydraulic fracturing has resulted in increased demand for water, which is derived from rivers, lakes, ponds, and recovered from previous fracturing treatments, which is expected to fuel the demand for oilfield biocides.

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Oilfield Biocides Market Key Players:

Market Research Future (MRFR) recognizes;

  • BWA Water Additives (UK)
  • Pilot Chemical Corp (US)
  • Stepan Company (US)
  • DowDuPont (US)
  • BASF SE (Germany)
  • Schülke & Mayr GmbH (Germany)
  • Evonik Industries AG (Germany)
  • Kemira Oyj (Finland)
  • Lonza (Switzerland)
  • Solvay (Belgium)
  • Nouryon (Egypt)

as the key players in the global oilfield biocides market.

Oilfield Biocides Market Table of Content:

1 Executive Summary

2 Market Introduction

3 Market Insights

4 Research Methodology

5 Market Dynamics

Oilfield Biocides Market Table of Content to be Continue…….,

Oilfield Biocides Market Regional Analysis:

Geographically, the global oilfield biocides market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As per MRFR analysis, North America held the largest market share of 45.9% in 2017 and is expected to register 7.19% CAGR to reach USD 2,66,244.6 thousand by the end of 2023. Asia-pacific accounted for the second-largest market share of 23.1% in 2017 and is expected to register 7.82% CAGR during the review period.

The increasing oil & gas production and extraction activities in the developing countries of Asia-Pacific mainly in South-East Asian countries is likely to drive the regional market growth. China accounted for the largest market share of 42.5% in 2017 and is projected to register a CAGR of 8.79% during the forecast period. The market in the Middle East & Africa is likely to register a CAGR of around 8.22% on account of the growing oil and gas industry in the region.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future

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Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

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Phone: +1 646 845 9312
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State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/oilfield-biocides-market-7760