Nigeria Crude Oil Flow Improvers (COFI) Market (2025-2031) Outlook | Industry, Forecast, Share, Companies, Revenue, Trends, Growth, Analysis, Value & Size

Market Forecast By Type (Paraffin Inhibitors, Asphaltene Inhibitors, Scale Inhibitors, Drag-reducing Agents, Hydrate Inhibitors), By Supply Mode (Direct, Through Distributors), By Application (Extraction, Pipeline, Refinery) And Competitive Landscape
Product Code: ETC4482170 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Nigeria Crude Oil Flow Improvers Cofi Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Nigeria`s import shipments of crude oil flow improvers (COFI) saw a shift in top exporting countries, with the USA, Metropolitan France, UK, UAE, and Spain leading the way. The market experienced a notable decrease in concentration from 2023 to 2024, indicating a more diversified import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was -19.43%, reflecting a decline in demand over the period. Furthermore, the growth rate from 2023 to 2024 was -27.68%, highlighting a significant contraction in import volumes. These trends suggest a challenging market environment for COFI imports in Nigeria.

Nigeria Crude Oil Flow Improvers Cofi Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Nigeria Crude Oil Flow Improvers (COFI) Market Outlook
  • Market Size of Nigeria Crude Oil Flow Improvers (COFI) Market, 2024
  • Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market, 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Revenues & Volume for the Period 2021 - 2031
  • Nigeria Crude Oil Flow Improvers (COFI) Market Trend Evolution
  • Nigeria Crude Oil Flow Improvers (COFI) Market Drivers and Challenges
  • Nigeria Crude Oil Flow Improvers (COFI) Price Trends
  • Nigeria Crude Oil Flow Improvers (COFI) Porter's Five Forces
  • Nigeria Crude Oil Flow Improvers (COFI) Industry Life Cycle
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Paraffin Inhibitors for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Asphaltene Inhibitors for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Scale Inhibitors for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Drag-reducing Agents for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Hydrate Inhibitors for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Supply Mode for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Direct for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Through Distributors for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Extraction for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Pipeline for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume By Refinery for the Period 2021 - 2031
  • Nigeria Crude Oil Flow Improvers (COFI) Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Supply Mode
  • Market Opportunity Assessment By Application
  • Nigeria Crude Oil Flow Improvers (COFI) Top Companies Market Share
  • Nigeria Crude Oil Flow Improvers (COFI) Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Crude Oil Flow Improvers (COFI) Company Profiles
  • Nigeria Crude Oil Flow Improvers (COFI) Key Strategic Recommendations

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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 Nigeria Crude Oil Flow Improvers (COFI) Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Crude Oil Flow Improvers (COFI) Market - Industry Life Cycle

3.4 Nigeria Crude Oil Flow Improvers (COFI) Market - Porter's Five Forces

3.5 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Supply Mode, 2021 & 2031F

3.7 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Nigeria Crude Oil Flow Improvers (COFI) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for crude oil flow improvers in Nigeria due to the growth of the oil and gas industry.

4.2.2 Focus on maximizing oil recovery rates to meet production targets.

4.2.3 Government initiatives to enhance the efficiency and sustainability of oil production processes.

4.3 Market Restraints

4.3.1 Fluctuating crude oil prices impacting investment in oilfield chemicals, including flow improvers.

4.3.2 Regulatory challenges and environmental concerns related to the use of chemicals in oil production.

4.3.3 Competition from alternative technologies and solutions in the oilfield chemicals market.

5 Nigeria Crude Oil Flow Improvers (COFI) Market Trends

6 Nigeria Crude Oil Flow Improvers (COFI) Market, By Types

6.1 Nigeria Crude Oil Flow Improvers (COFI) Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Paraffin Inhibitors, 2021 - 2031F

6.1.4 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Asphaltene Inhibitors, 2021 - 2031F

6.1.5 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Scale Inhibitors, 2021 - 2031F

6.1.6 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Drag-reducing Agents, 2021 - 2031F

6.1.7 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Hydrate Inhibitors, 2021 - 2031F

6.2 Nigeria Crude Oil Flow Improvers (COFI) Market, By Supply Mode

6.2.1 Overview and Analysis

6.2.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Direct, 2021 - 2031F

6.2.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Through Distributors, 2021 - 2031F

6.3 Nigeria Crude Oil Flow Improvers (COFI) Market, By Application

6.3.1 Overview and Analysis

6.3.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Extraction, 2021 - 2031F

6.3.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Pipeline, 2021 - 2031F

6.3.4 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Refinery, 2021 - 2031F

7 Nigeria Crude Oil Flow Improvers (COFI) Market Import-Export Trade Statistics

7.1 Nigeria Crude Oil Flow Improvers (COFI) Market Export to Major Countries

7.2 Nigeria Crude Oil Flow Improvers (COFI) Market Imports from Major Countries

8 Nigeria Crude Oil Flow Improvers (COFI) Market Key Performance Indicators

8.1 Efficiency of crude oil flow improvers in reducing viscosity and improving flow rates.

8.2 Adoption rate of advanced flow improver technologies in the Nigerian oil and gas sector.

8.3 Environmental impact assessment of flow improver products and their compliance with regulations.

9 Nigeria Crude Oil Flow Improvers (COFI) Market - Opportunity Assessment

9.1 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Supply Mode, 2021 & 2031F

9.3 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Application, 2021 & 2031F

10 Nigeria Crude Oil Flow Improvers (COFI) Market - Competitive Landscape

10.1 Nigeria Crude Oil Flow Improvers (COFI) Market Revenue Share, By Companies, 2024

10.2 Nigeria Crude Oil Flow Improvers (COFI) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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