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Oilfield Surfactants Market is anticipated to hit $1.09 billion by 2023 at a CAGR of 4.65%

Oilfield Surfactants Market

North Americas region holds the largest market share and growth in the Oilfield Surfactants Market and is anticipated to reach $320M by 2023 at a CAGR of 4.51%.

HYDERABAD, TELANGANA, INDIA, June 12, 2018 / -- According to the new market research report by IndustryARC titled “Oilfield Surfactants Market: By Application (Emulsifiers, Demulsifiers, Lubricants, Dispersants, Corrosion Inhibitors, Foam Control Agents, Wetting and Suspending Agents, Biocides & Acrylic); By Type (Anionic, Cationic & Amphoteric); By Substrate (Synthetic & Bio-Based) and By Geography – Forecast (2017-2022)”, the market is driven by the growing interest in oil field surfactants market.

North Americas held the largest market share in the Oilfield Market

However, Middle East and Africa will witness highest growth during the forecast period and is expected to reach $302.3 million by 2023 at a CAGR of 6.04%. North Americas Oilfield Market is mainly driven by the shale bloom in the U.S.A... Recent discovery of shale oilfields in this region has paved the way to meet this increase in demand. The key applications in this region are Acrylic, Biocides, wetting and suspending agents, corrosion inhibitors, Dispersants, Lubricants, among others.

Selected Value Chain Analysis done in the full report
All the manufacturers in the market place have their own in-house facilities used to convert raw materials into end products. This forms the main reason why many of the manufacturers in the market place have their own units for production of oil-field surfactants.
Value chain for oil-field surfactants has been established as an interdependent and complex network comprising of raw material providers, downstream processes, environmental agencies, distributors, end users and petroleum research institutes.
Surfactants are basically forte oilfield chemicals bringing down the surface tension of liquid or solid. These surfactants are used as wetting agents, emulsifiers, foaming agents, detergents and Dispersants as per the different demands of industrial applications. For example, quaternary ammonium Biocides used in the oilfields are effective in killing bacteria.
The Amphoteric surfactant market is exhibiting good growth due to their reasonably low cost and diverse applications. New applications for Amphoteric surfactants have been developed such as Biocides and acrylics, thus increasing the potential market for Amphoteric surfactants in general.

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Excerpts on Market Growth Factors
The anionic surfactants are the dominant type, accounting for 37% of the total share owing to the ability to withstand high temperature and pressure.
Amphoteric surfactants are best used for corrosion inhibition and are used in enhanced oil recovery technology such as steam flooding.
The demand for Oilfield Surfactants in the United States is projected to show moderate growth per year through 2021. The Middle East region, especially Saudi Arabia and UAE, has been the pioneer in the innovation, manufacturing and export of oilfield surfactants, thereby resulting in one of the world’s largest net exporter.
Biocides market is anticipated to grow at fastest rate of 6.4% by 2021. Chemicals with both emulsification and wetting properties have been developed in recent years, leading to growing utilization of these dual application chemicals.
Growing interest in bio-based oil surfactants is set to propel market growth of this niche category. Environmental concerns and decreasing oil prices might restrain oil production impacting market growth.

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Key players of Oilfield Surfactants Market:
Stepan Company and BASF SE are amongst two of the major players of oilfield surfactants globally, holding more than 45% of the market share.
Akzonobel N.V., a major Dutch company also holds the major share of oilfield surfactants market of around 13% along with many other small competitors like Sasol and Huntsman International Llc.
BASF SE is one of the world leading suppliers of highly efficient oilfield surfactants supplying all over the globe. The company supplies various specialties of surfactants that are useful in almost every stage of oil and gas exploration and production.
Other small companies, with respect to market share, when aggregated as a whole holds almost 40% of the market share.

Oilfield Surfactants Market Report is segmented as indicated below
Oilfield Surfactants Market By Type:
1.Anionic Surfactants
2.Non-Ionic Surfactants
3.Cationic Surfactants
Oilfield Surfactants Market By Application
4.Corrosion Inhibitors
5.Wetting and Suspending Agents
Oilfield Surfactants Market By Substrate
1 Synthetic
2 Bio-Based
Oilfield Surfactants Market By Geography (Covers 12 + Countries)
Oilfield Surfactants Market By Entropy

Companies Cited/Referenced/Interviewed:
1.Dupont De Nemours and Company
2.Henkel AG & Co. KGAA
3.The DOW Chemical Company
4.Royal Dutch Shell P.L.C.
5.Huntsman Corporation
6.Weatherford International
7.Company 7
8.Company 8
9.Company 9
10.Company 10+

Related Reports
A.Synthetic Lubricants Market

B.Oilfield Drilling Fluid Additives Market

What can you expect from the report?
The Oilfield Surfactants Market is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End user Analysis
7.Product Benchmarking
8.Product Developments
9.Mergers & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis (By Revenue & Volume)
12.Country level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis
18.Current & Future Market Landscape Analysis
19.Opportunity Analysis
20.Revenue and Volume Analysis

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About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.
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