Global Oil and Gas Water Treatment Chemicals Market to Set Phenomenal Growth from 2019 to 2024
New Market Research Study on “Oil and Gas Water Treatment Chemicals Market” Report by Type and Applications now Available at Analytical Research Cognizance
(EMAILWIRE.COM, June 25, 2019 ) The market for oil & gas water treatment chemicals is expected to grow at a CAGR of over 4%. One of the key driving factors of the market growth is rising shale gas extraction leading to water contamination. However, the availability of technological alternatives for water treatment is likely to restrain market growth.
- Expansion of oil refineries across the world is also likely to boost the demand for oil & gas water treatment chemicals.
- Shifting focus toward the usage of green chemicals is likely to provide opportunities for the market growth in the future.
- Asia-Pacific is likely to witness the highest growth rate during the forecast period.
Request a sample of Oil and Gas Water Treatment Chemicals Market report @ http://www.arcognizance.com/enquiry-sample/453945
Key Market Trends
Scale and Corrosion Inhibitors to Dominate the Market
- Corrosion inhibitors, when added in small amounts to the corrosive medium, reduce its corrosiveness in considerable measures. These products are extremely efficient at very low dosage, and sufficiently inert to avoid altering the physico-chemical properties of oil.
- Hence, in the oil & gas industry, they are used in reinjection wells, gas plants, refineries, transportation lines, barges, etc., as their usage reduce costs and extend the working life of capital assets, such as process equipment, pipelines, and storage tanks.
- Scale inhibitors are added during secondary recovery of oil. These chemicals improve oil & gas flow, by preventing scaling without causing any change in the crude oil characteristic.
- The usage of scale inhibitors in the oil & gas industry helps the systems maintain scale-free surfaces in pipe walls, heat exchangers, and valves.
- The oil & gas and petrochemical industry is one of the largest users of scale inhibitors with the majority of demand coming from Middle East & Africa.
- Additionally, the oil & gas sectors of India is witnessing significant growth.
- Hence, scale and corrosion inhibitors are likely to dominate the market.
Asia-Pacific to Witness the Highest Growth Rate
- In 2018, the oil & gas production has witnessed a significant growth in China which is likely to increase the demand for oil & gas water treatment chemicals.
- In 2018, Chinese oil refiners raised their output to a record number, led by state-run oil majors, which maximized operations on firm profit-margins and private refiners that increased processing after being granted higher crude import quotas.
- According to the National Bureau of Statistics, Chinese refiners processed 603.57 million metric ton of crude in 2018, or about 12.07 million barrels per day, which was up by 6.8% from 2017.
- Additionally, oil & gas industry in India is also witnessing a positive growth in the recent years.
- Hence, owing to the aforementioned reasons, Asia-Pacific is likely to witness the highest growth rate during the forecast period.
Access this report of Oil and Gas Water Treatment Chemicals Market @ http://arcognizance.com/report/oil-and-gas-water-treatment-chemicals-market-growth-trends-and-forecast-2019-2024
Competitive Landscape
The market for oil & gas water treatment chemicals is partly fragmented as the market share is divided among several key players. Some of the key players of the market include BASF SE, Chemtex Ltd, DowDuPont, and Kurita Water Industries Ltd., among others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/453945
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: Competitive Landscape
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Shifting Focus toward the Usage of Green Chemicals
Request a sample of Oil and Gas Water Treatment Chemicals Market report @ http://www.arcognizance.com/enquiry-sample/453945
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics""based on the data collection facilities of big data, the face of ""business research facilities"" has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the ""out of the box""developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
- Expansion of oil refineries across the world is also likely to boost the demand for oil & gas water treatment chemicals.
- Shifting focus toward the usage of green chemicals is likely to provide opportunities for the market growth in the future.
- Asia-Pacific is likely to witness the highest growth rate during the forecast period.
Request a sample of Oil and Gas Water Treatment Chemicals Market report @ http://www.arcognizance.com/enquiry-sample/453945
Key Market Trends
Scale and Corrosion Inhibitors to Dominate the Market
- Corrosion inhibitors, when added in small amounts to the corrosive medium, reduce its corrosiveness in considerable measures. These products are extremely efficient at very low dosage, and sufficiently inert to avoid altering the physico-chemical properties of oil.
- Hence, in the oil & gas industry, they are used in reinjection wells, gas plants, refineries, transportation lines, barges, etc., as their usage reduce costs and extend the working life of capital assets, such as process equipment, pipelines, and storage tanks.
- Scale inhibitors are added during secondary recovery of oil. These chemicals improve oil & gas flow, by preventing scaling without causing any change in the crude oil characteristic.
- The usage of scale inhibitors in the oil & gas industry helps the systems maintain scale-free surfaces in pipe walls, heat exchangers, and valves.
- The oil & gas and petrochemical industry is one of the largest users of scale inhibitors with the majority of demand coming from Middle East & Africa.
- Additionally, the oil & gas sectors of India is witnessing significant growth.
- Hence, scale and corrosion inhibitors are likely to dominate the market.
Asia-Pacific to Witness the Highest Growth Rate
- In 2018, the oil & gas production has witnessed a significant growth in China which is likely to increase the demand for oil & gas water treatment chemicals.
- In 2018, Chinese oil refiners raised their output to a record number, led by state-run oil majors, which maximized operations on firm profit-margins and private refiners that increased processing after being granted higher crude import quotas.
- According to the National Bureau of Statistics, Chinese refiners processed 603.57 million metric ton of crude in 2018, or about 12.07 million barrels per day, which was up by 6.8% from 2017.
- Additionally, oil & gas industry in India is also witnessing a positive growth in the recent years.
- Hence, owing to the aforementioned reasons, Asia-Pacific is likely to witness the highest growth rate during the forecast period.
Access this report of Oil and Gas Water Treatment Chemicals Market @ http://arcognizance.com/report/oil-and-gas-water-treatment-chemicals-market-growth-trends-and-forecast-2019-2024
Competitive Landscape
The market for oil & gas water treatment chemicals is partly fragmented as the market share is divided among several key players. Some of the key players of the market include BASF SE, Chemtex Ltd, DowDuPont, and Kurita Water Industries Ltd., among others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/453945
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: Competitive Landscape
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Shifting Focus toward the Usage of Green Chemicals
Request a sample of Oil and Gas Water Treatment Chemicals Market report @ http://www.arcognizance.com/enquiry-sample/453945
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics""based on the data collection facilities of big data, the face of ""business research facilities"" has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the ""out of the box""developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
Contact Information:
Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
----
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Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results