Visiongain Publishes Canadian Oilfield Chemicals Market Report to 2031

30 July 2021
Chemicals

Visiongain has published a new report Canadian Oilfield Chemicals Market Report to 2031: On the basis of Technology (Well Drilling, Directional & Horizontal Drilling, Multilateral Drilling, Coiled Tubing , Dual-Gradient Drilling, Underbalanced Drilling, Drilling Fluids , Well Completion & Workover , Well Stimulation, Hydraulic Fracturing, Gas Fracturing, Acidizing, Fracture Acidizing , Other Well Stimulation Techniques & Technologies , Enhanced Oil Recovery, Thermal Recovery, Gas Recovery, Chemical Recovery , Unconventional Oil & Gas, Tight Oil & Gas , Shale Formations, Coalbed Methane , Oil Sands & Extra Heavy Crude) On the basis of Type (Demulsifiers, Inhibitors & Scavengers, Rheology Modifiers, Friction Reducers, Specialty Biocides, Specialty Surfactants, Pour Point Depressants, Other Type) On the basis of Application (Production, Well Stimulation, Drilling Fluids, Enhanced Oil Recovery, Cementing, Workover & Completion) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Country and Provinces.

The Visiongain estimate that the overall market for Canadian Oilfield Chemicals is projected to grow at xx per cent over the projected 2021-2031 by around $xx million by 2020. Increasing complexities in petroleum well operations coupled with the reduction of the existing wells' productivity will emerge as a key driver for the growth of the industry.

How are you going to tackle the stiff competition in the Canadian Market?
With many industry participants in the industry, the industry is highly competitive in nature. In recent years, increased requests for Oilfield Chemicals from different sectors, including water, energy, and coal, have led to improved market dynamics. An increasing number of private holding companies are expected to increase competitiveness in seawater treatment and industrial wastewater processing.

Canada Oilfield Chemicals Market – Our new market research study shows trends, developments, progress in R&D and forecast revenue till 2031. The study provides a thorough evaluation of various market and segment journeys of clients. It gives different customer feedback on the products and service. The analysis examines their pain and fears in various customer contact areas more closely. Consultation and solutions from business intelligence help interested parties, including CXOs, to define customer-focused maps for the customer experience. This helps them to increase customer commitment to their brands.

The Corrosion & Scale Inhibitors Emerged As The Fastest Product Segment
The inhibitors of corrosion and scales were projected to be the most rapid product sector. Due to increasing applications for boiling of mud, oil storage tanks, refinery units, pipeline protection and removal therapy at both coast and offshore activities the segment is likely to grow during the projection period. The development of improved methods for extracting hydrocarbons from reservoirs results in growing oil demand and declining oil production rates in existing pools. The need for EOR oilfield chemicals is anticipated to be driven by growing concerns about extreme temperature operating conditions, well blowout and wellbore stability.

The Industry Growth Is Primarily Driven By The Rising E&P Activities In Unconventional Reserves For Shale Gas
Growth of the business is driven mainly by the increased E&P activity in unconventional shale gas, tight gas and coal bed methane reserves and vast amounts of mature wells across Canada. Other cementing services and advanced cementing, in particular deep-source gas wells, are expected to have higher growth because of increasing oilfield services. In surface mixing and storage tanks, biocides are utilized to avoid aerobic deterioration of bacterial fracturing fluids. Before the addition of a polysaccharide viscosifier, biocides are mostly introduced to the base fluid. This controls polysaccharide hydration rate and promotes rapid particle dispersion to evade formation of partially hydrated particles leading to a heightened demand.

Key Questions Answered in the Report
• What can be the best investment options for new product and service lines?
• In order to make new research and development funding, what value proposals should businesses target?
• Which rules will enhance the supply chain network for stakeholders?
• In which regions in certain segments the demand may mature in the near future?
• What are some of the best cost optimization strategies with suppliers with which some well-trained players succeed?
• What are the key prospects for moving companies into a new growth path? C-suite?
• What regulations in government could challenge the status of key regional markets?
• How will the emerging political and economic scenario affect chances in key fields of growth?
• In different segments, what are the value-taking opportunities?
• How are new players on the market going to prevent entry?

Leading companies and the potential for market growth
Canadian Energy Services & Technology
Ashland Incorporated
Baker Hughes
BASF SE
Berkshire Hathaway
Akzo Nobel
Albemarle Corporation
Anton Oilfield Services
Buzzi Unicem
Calumet Specialty Products

Overall revenue for Canada Oilfield Chemicals Market will surpass $xx million in 2020, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading provinces markets and rest of the Canada. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Oilfield Chemicals.

The Oilfield Chemicals Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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