Oilfield Chemicals Market by Product and by Region – Global Opportunities & Forecast, 2020–2027
Oilfield Chemicals Market Global oilfield chemicals market is projected to expand at an annual rate of 5.2% from 2017 to 2023. The market is guided by a number of factors, such as growing production and exploration of shale gas and the increasing demand for petroleum-based fuel from the transportation sector. Request a free sample of Oilfield Chemicals Market Oilfield Chemicals Market Dynamics The surge in upgraded oil recovery activities is a standalone force proliferating the growth of the global oilfield chemicals market. Also, the surging demand for crude oil products and the increasing inclination of producers to develop high-quality oilfield chemicals will strengthen the market growth. The rising production of oil and natural gas guided by the growing demand primarily in the emerging countries has elevated the market size. In parallel, the oilfield chemicals market research report projects that the intensified research activities attributed to new oil and natural gas re...