Global Specialty Oilfield Chemicals Market worth $10.9 Billion by 2016

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MarketsandMarkets Presents
Global Specialty Oilfield Chemicals Market worth
10.9 Billion by 2016

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ecialty-oilfield-chemicals-market-517.html
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The report Specialty Oilfield Chemicals Market
by Types, Applications, Trends Global Forecasts
(2011 - 2016) defines and segments the global
specialty oilfield chemicals market with analysis
and forecasting of the global revenue for
specialty oilfield chemicals. It also identifies
the driving and restraining factors for the
global specialty oilfield chemicals markets with
analysis of trends, opportunities, and
challenges. The market is segmented and revenue
is forecasted on the basis of types and
applications. Browse gtgt 100
market data tables 100
figures 269 pages and
in-depth TOC on Specialty Oilfield Chemicals
Market http//www.marketsandmarkets.com/Market
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Specialty Oilfield Chemicals Market by
Applications Specialty oilfield chemicals are
used for improving the field operations and
improve the output of drilling fluid, well
stimulation, production chemicals, cementing,
workover and completion, and enhance oil recovery
(EOR) applications. The demand for specialty
oilfield chemicals is influenced by various
factors such as increasing production of crude
oil, location of reservoirs and deep of drilling,
oil reservoirs availability, government policies,
and trade-offs among various chemical
compounds. This report analyzes the specialty
oilfield chemicals manufactured from the sources
such as ethylene, ammonia, acrylic acid,
phosphorous, and others. There is an increasing
demand for various specialty oilfield chemicals
since there is a need for producers to tap more
oil from the existing reserves because crude oil
resources are on the decline and many of the
newer fields are technologically challenging in
terms of drilling such as drilling in deep water
or working in very high temperature, pressure,
and highly corrosive conditions. Specialty
Oilfield Chemicals Market by Types The report
segments the market by its type such as corrosion
and scale inhibitor, biocides, pour-point
depressants, demulsifiers, surfactants, and
polymers. The report also describes major
application such as drilling fluid, well
stimulation, production chemicals, cementing,
workover and completion, and enhanced oil
recovery (EOR).
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Specialty Oilfield Chemicals Market by
Geography The report is segmented based on the
geography such as North America, Europe,
Asia-Pacific, Middle East and Africa, and Rest of
the World. Market forecasts are provided for each
region for the period of 2011 through 2016.
Information contained in the report includes
market sizes, revenue forecasts, value chain,
market and product trends, price trends, and
regulations. Competitive information includes key
developments, strategy deployed to win, MAs, and
JVs of key manufacturers. The report profiles
leading companies includes The Schlumberger
Limited (U.S.), Baker Hughes Incorporated (U.S.),
Champion Technologies (U.S.), and
others. Specialty Oilfield Chemicals Market
forecasts The global specialty oilfield
chemicals market is expected to grow from
7,329.2 million in 2011 to 10.9 Billion by
2016, at a CAGR of 8.3 from 2011 to 2016. North
America holds the largest share i.e. 61 in the
global market for specialty oilfield chemicals in
2011 and is expected to grow at a CAGR of 7.8 to
reach 6,523.2 million in 2016. This results
shows the recovery in the oil and gas industry
from a subpar 2009, a year of declines in oil and
gas production, rig counts, and drilling activity
in many of the major markets such as U.S. and
Canada. Moreover, increasing in the global oil
and gas prices will also create force for further
drilling and well completion activity, which
drives demand for specialty oilfield
chemicals. Inquire Before Buying
_at_ http//www.marketsandmarkets.com/Enquiry_Before_
Buying.asp?id517
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