Product Code: ETC4476085 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India specialty oilfield chemicals market import shipment experienced a negative CAGR from 2020 to 2024. The growth rate between 2023 and 2024 further declined significantly. The market depicted a clear trend of slowing down, showing a loss of momentum over the period.
The India specialty oilfield chemicals market is closely tied to the country`s energy and petrochemical sector. These chemicals are vital in enhancing oil recovery processes, reducing corrosion, and preventing scaling in oil wells. The growth of the oil and gas industry in India, coupled with the need for advanced chemicals to optimize production and ensure the longevity of oilfield equipment, has boosted the demand for specialty oilfield chemicals.
The India specialty oilfield chemicals market is primarily driven by the booming oil and gas industry in the country. The increasing exploration and production activities, coupled with the need for enhanced drilling and extraction techniques, are boosting the demand for specialty oilfield chemicals. Additionally, environmental regulations and the focus on sustainable practices are driving the adoption of eco-friendly and efficient chemicals in the oilfield industry.
The India specialty oilfield chemicals market confronts challenges due to the volatility of global oil prices, which directly affects the demand for oilfield chemicals. Meeting the stringent quality and performance requirements for various applications in the oil and gas industry is demanding. Environmental and safety regulations are becoming more stringent, requiring investments in compliance measures and waste management. Intense competition and the need for continuous research and development to create innovative products add complexity to market dynamics.
The specialty oilfield chemicals market in India was impacted by COVID-19-related disruptions in the oil and gas industry. As energy sector activities stabilize and oil prices recover, the market is expected to rebound.
Prominent companies in the India specialty oilfield chemicals market include Halliburton, Baker Hughes, Schlumberger, and Nalco Champion. They offer a wide range of chemicals and services for the oil and gas industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Specialty Oilfield Chemicals Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Specialty Oilfield Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 India Specialty Oilfield Chemicals Market - Industry Life Cycle |
3.4 India Specialty Oilfield Chemicals Market - Porter's Five Forces |
3.5 India Specialty Oilfield Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Specialty Oilfield Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in oil and gas exploration activities in India |
4.2.2 Growing demand for enhanced oil recovery techniques |
4.2.3 Favorable government initiatives and policies supporting the oil and gas sector |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting investment decisions |
4.3.2 Environmental concerns and regulations related to chemical usage in oilfield operations |
4.3.3 Competition from alternative energy sources |
5 India Specialty Oilfield Chemicals Market Trends |
6 India Specialty Oilfield Chemicals Market, By Types |
6.1 India Specialty Oilfield Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Specialty Oilfield Chemicals Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Specialty Oilfield Chemicals Market Revenues & Volume, By Demulsifiers, 2021-2031F |
6.1.4 India Specialty Oilfield Chemicals Market Revenues & Volume, By Inhibitors & Scavengers, 2021-2031F |
6.1.5 India Specialty Oilfield Chemicals Market Revenues & Volume, By Rheology Modifiers, 2021-2031F |
6.1.6 India Specialty Oilfield Chemicals Market Revenues & Volume, By Friction Reducers, 2021-2031F |
6.1.7 India Specialty Oilfield Chemicals Market Revenues & Volume, By Specialty Biocides, 2021-2031F |
6.1.8 India Specialty Oilfield Chemicals Market Revenues & Volume, By Specialty Surfactants, 2021-2031F |
7 India Specialty Oilfield Chemicals Market Import-Export Trade Statistics |
7.1 India Specialty Oilfield Chemicals Market Export to Major Countries |
7.2 India Specialty Oilfield Chemicals Market Imports from Major Countries |
8 India Specialty Oilfield Chemicals Market Key Performance Indicators |
8.1 Number of new oilfield projects initiated |
8.2 Adoption rate of advanced oilfield chemical technologies |
8.3 Percentage increase in oil production efficiency achieved through specialty chemicals |
8.4 Research and development investment in innovative oilfield chemical solutions |
8.5 Environmental impact assessments and compliance metrics for oilfield chemical usage |
9 India Specialty Oilfield Chemicals Market - Opportunity Assessment |
9.1 India Specialty Oilfield Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Specialty Oilfield Chemicals Market - Competitive Landscape |
10.1 India Specialty Oilfield Chemicals Market Revenue Share, By Companies, 2024 |
10.2 India Specialty Oilfield Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |