Oilfield Stimulation Chemicals Market worth $2.97 Billion by 2020

1. MarketsandMarkets Oilfield Stimulation Chemicals Market worth $2.97 Billion by 2020 July 2015

2. Oilfield Stimulation Chemicals Market worth $2.97 Billion by 2020 The report “Oilfield Stimulation Chemicals Market by Types (Gelling Agents, Surfactants, Friction reducers, Corrosion and Scale Inhibitors, Acids), by Application(Hydraulic Fracturing, Matrix Acidization, Acid Fracking) & by region - Global Trends & Forecasts to 2020”defines and segments the oilfield stimulation chemicals market with analysis and forecast of the market size. Browse 76 market data tables and 67 figures spread through 176 pages and in-depth TOC on “Oilfield Stimulation Chemicals Market by Types (Gelling Agents, Surfactants, Friction reducers, Corrosion and Scale Inhibitors, Acids), by Application(Hydraulic Fracturing, Matrix Acidization, Acid Fracking) & by region - Global Trends & Forecasts to 2020" http://www.marketsandmarkets.com/Market-Reports/oilfield-stimulation-chemicals-market- 200204163.html Early buyers will receive 10% customization on reports. North America – The biggest market for oilfield stimulation chemicals The rapid expansion in exploration of shale gas and oil reserves in North America is leading to significant changes in the oil field chemicals market recently. Moreover, current advances in horizontal drilling, hydraulic fracturing availability of water for fracking, and mineral rights licensing are contributing to the rapid development of shale gas and oil reserves in the North American region. This is driving the growth of oilfield stimulation chemicals market. There is significant increase in the activity level across all oilfield chemical sectors such as drilling fluids, cementing, stimulation, and production chemicals. This increasing activity in shale oil & gas reserves has also resulted in consumption of higher volumes of drilling and cementing chemicals. The North American region is, therefore, not only the largest market in oilfield stimulation chemicals, but, also in the oilfield services market. Friction Reducers – The fastest-growing segment of oilfield stimulation chemicals The friction reducers type is the fastest-growing among the various segments of oilfield stimulation chemicals market. It is estimated to grow at a CAGR of 13.2% between 2015 and 2020. Friction reducers are extensively used in the hydraulic fracturing application, which is the largest application market. Boom in the shale gas exploration has indirectly helped to increase the growth rate of friction reducers. Ask for PDF of the Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=200204163 Hydraulic fracturing – The largest application for oilfield stimulation chemicals market Hydraulic fracturing is the largest application segment in the global oilfield stimulation chemicals market, owing to the increased shale gas exploration activities in the green as well as brown fields of the North American region and in some parts of China. The U.S. and China are at forefront of oilfield stimulation chemicals consumption, while Canada, Mexico, Poland, and Germany are the other key markets for oilfield stimulation chemicals

3. consumption. China is the key market in Asia-Pacific, accounting for more than half of the demand for the oilfield stimulation chemicals in the region due to the increased exploration of the unconventional oil & gas reserves such as shale gas, followed by Indonesia, India, and Malaysia, where consumption is growing at a steady rate. Growth in other Asia-Pacific countries is steady due to the strict environmental laws and geo-political reasons. Asia-Pacific represents the fastest- growing regional market for the global oilfield stimulation chemicals market. Heavy oilfield stimulation activity undergoing in the region is driving the growth for the market. This growth is projected to continue and the share of the region in the global market is likely to increase in the next few years. The leading players of the market include BASF SE (Germany), Chevron Philips (U.S.), E.I. Dupont (U.S.), Clariant AG (Switzerland), Albemarle Corp(U.S.), Flotek Industries (U.S.), Dow Chemical (U.S.), and Ashland Inc.(U.S.). New product launch is the key strategy adopted by industry players in order to maintain growth in the global oilfield stimulation chemicals market. The oilfield stimulation chemicals market is a consumer-driven market and new product launches are paving the way for fulfilling the ever changing demand of the consumers. Ask for Sample of the Report @ http://www.marketsandmarkets.com/requestsample.asp?id=200204163 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441 Email: sales@marketsandmarkets.com Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets