市場調查報告書
商品編碼
1622936
2024 年至 2031 年油田化學品市場(依產品、地點、應用及地區劃分)Oilfield Chemicals Market By Product (Rheology Modifiers, Inhibitors), By Location (Onshore, Offshore), By Application (Drilling, Production), & Region For 2024-2031 |
受頁岩氣革命和成熟油井開採石油和天然氣技術的進步推動,石油勘探和生產活動的復甦正在極大地推動油田化學品市場的成長。對環境永續性的日益關注,刺激了更綠色的油田化學品的發展,預計到 2023 年將達到 316.6325 億美元,到 2031 年將達到 422 億美元。
此外,能源價格上漲使油田營運更加有利可圖,從而增加了對勘探和生產的投資,促使對油田化學品的需求激增,預計到2024-2031 年,利基市場將成長。可能市場複合年增長率達 4.05%。
全球油田化學品市場定義/概述
油田化學品是在石油和天然氣勘探、生產和加工各階段使用的特種產品。這些化學品在優化營運、提高效率以及確保油田活動的安全和環境永續性方面發揮著至關重要的作用。
油田化學品在石油和天然氣工業中發揮至關重要的作用。其應用多種多樣,包括鑽井液、生產化學品、井增產技術和環境保護措施。這些特種化學品可優化操作、提高效率並確保油田活動的安全性和永續性。
受石油和天然氣行業持續增長、技術進步和對環境可持續性的日益關注的推動,預計未來幾年油田化學品市場將利潤豐厚。隨著勘探和生產活動的擴大,對特種油田化學品的需求預計會增加。
範例下載
全球油田化學品市場受到全球石油和天然氣勘探活動的增加,尤其是不斷增長的非常規儲量的推動。這些化學品對於提高採油率、增產油井和維持生產效率至關重要。美國能源資訊署預計,2023年全球石油產量將達到1.003億桶/日,較上年增加2%。例如,2024年3月5日,貝克休斯宣佈推出一系列新型環保壓裂液,旨在減少環境影響,同時提高油井產能。
不斷增長的能源需求(尤其是在新興經濟體中)推動了對油田化學品的需求,以最大限度地提高現有和新發現的油井的產量。化學物質在應對深海鑽井作業中的高壓、高溫課題中發揮著至關重要的作用。國際能源總署(IEA)在2024年1月報告稱,預計2024年全球能源需求將增加4%。例如,哈里伯頓於2024年2月10日推出了一種用於海洋作業的先進腐蝕抑制劑,承諾將鑽井平台的使用壽命延長40%。
油田化學品技術的進步正在推動市場成長,重點是開發更有效率、更環保的產品。這些創新旨在提高營運效率,同時滿足嚴格的環境法規。美國環保署報告稱,到 2023 年,石油和天然氣作業產生的有害排放量將減少 15%,這在一定程度上要歸功於先進油田化學品的使用。例如,2024年4月1日,斯倫貝謝宣佈與一家領先的化學公司合作開發可生物降解的鑽井液,旨在未來五年內將其鑽井作業的環境足跡減少30%。
全球油田化學品市場面臨重大課題,因為油價波動直接影響勘探和生產活動。價格波動導致投資決策和專案開發的不確定性。根據美國能源資訊署預測,2023年,原油價格波動將超過30%,影響產業穩定。
環保意識的增強和更嚴格的法規對油田化學品製造商提出了課題。公司必須投資開發環保替代品並遵守不斷變化的環境標準。美國環保署在 2024 年 1 月報告稱,美國使用的 40% 的油田化學品正在接受潛在環境影響審查。
油田領域技術的快速進步不僅創造了對創新化學品的需求,也擴大了勞動力的技能差距。要跟上新技術和新配方,需要持續的培訓和專業知識。美國勞工統計局在 2023 年 12 月指出,石油和天然氣行業 25% 的職缺需要高級化學工程技能。
The resurgence in oil exploration and production activities, driven by the shale gas revolution and technological advancements in extracting oil and gas from mature wells, has significantly fueled the growth of the Oilfield Chemicals Market. The growing emphasis on environmental sustainability is spurring the development of more eco-friendly oilfield chemicals, surpassing USD 31663.25 Million valued in 2023 to reach a valuation of around USD 42250.02 Million by 2031.
In addition to this, the higher energy prices have made oilfield operations more profitable, leading to the increasing investment in exploration and production, and consequently, upsurging the demand for oilfield chemicals, thus enabling the niche market grow at a CAGR of 4.05% from 2024 to 2031.
Global Oilfield Chemicals Market: Definition/ Overview
Oilfield chemicals are specialized products used in various stages of oil and gas exploration, production, and processing. These chemicals play a crucial role in optimizing operations, improving efficiency, and ensuring the safety and environmental sustainability of oilfield activities.
Oilfield chemicals are indispensable components of the oil and gas industry, serving a multitude of critical functions. Their applications encompass drilling fluids, production chemicals, well stimulation techniques, and environmental protection measures. These specialized chemicals optimize operations, enhance efficiency, and ensure the safety and sustainability of oilfield activities.
Driven by the continued growth in the oil and gas industry and the increasing focus on technological advancements and environmental sustainability, the upcoming years of the Oilfield Chemicals Market are estimated to be profitable. As exploration and production activities expand, the demand for specialized oilfield chemicals is expected to rise.
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The global Oilfield Chemicals Market is driven by increasing oil and gas exploration activities worldwide, particularly in unconventional reserves. These chemicals are essential for enhancing oil recovery, well-stimulation, and maintaining production efficiency. According to the U.S. Energy Information Administration, global oil production reached 100.3 million barrels per day in 2023, a 2% increase from the previous year. For instance, in March 5, 2024, Baker Hughes announced the launch of a new line of environmentally friendly fracturing fluids, designed to reduce environmental impact while improving well productivity.
Growing demand for energy, especially in developing economies, is fueling the need for oilfield chemicals to maximize extraction from existing wells and new discoveries. The chemicals play a crucial role in addressing challenges such as high pressure and temperature in deep-water drilling operations. The International Energy Agency reported in January 2024 that global energy demand is projected to increase by 4% in 2024. For instance, in February 10, 2024, Halliburton introduced an advanced corrosion inhibitor for offshore operations, promising to extend the lifespan of drilling equipment by up to 40%.
Technological advancements in oilfield chemical formulations are driving market growth, with a focus on developing more efficient and environmentally friendly products. These innovations aim to meet stringent environmental regulations while improving operational efficiency. The U.S. Environmental Protection Agency reported a 15% reduction in harmful emissions from oil and gas operations in 2023, partly attributed to the use of advanced oilfield chemicals. For instance, in April 1, 2024, Schlumberger partnered with a leading chemical company to develop biodegradable drilling fluids, aiming to reduce the environmental footprint of drilling operations by 30% over the next five years.
The global Oilfield Chemicals Market faces significant challenges due to fluctuating oil prices, which directly impact exploration and production activities. Volatile prices lead to uncertainty in investment decisions and project developments. According to the U.S. Energy Information Administration, crude oil prices varied by over 30% throughout 2023, affecting industry stability.
Increasing environmental awareness and stringent regulations pose challenges for oilfield chemical manufacturers. Companies must invest in developing eco-friendly alternatives and comply with evolving environmental standards. The Environmental Protection Agency reported in January 2024 that 40% of oilfield chemicals used in the U.S. are under review for potential environmental impacts.
Rapid technological advancements in the oilfield sector create a demand for innovative chemicals, but also widen the skill gap in the workforce. Adapting to new technologies and formulations requires continuous training and expertise. The U.S. Bureau of Labor Statistics noted in December 2023 that 25% of job openings in the oil and gas sector required advanced technical skills in chemical engineering.
Rheology modifiers have emerged as the dominant segment in the global Oilfield Chemicals Market, capturing the largest revenue share. These chemicals play a crucial role in controlling the flow properties of drilling fluids, cementing slurries, and fracturing fluids, ensuring optimal performance in various oilfield operations. According to the U.S. Department of Energy, rheology modifiers accounted for 28% of all oilfield chemicals used in North American shale operations in 2023.
The increasing complexity of drilling operations, particularly in unconventional reservoirs, has fueled the demand for high-performance rheology modifiers. These additives help maintain fluid stability under extreme temperature and pressure conditions, reducing drilling time and costs. The International Energy Agency reported in December 2023 that the use of advanced rheology modifiers contributed to a 15% improvement in drilling efficiency across major oil-producing regions.
The workover and completion application segment is dominating the global Oilfield Chemicals Market, driven by the increasing need for well maintenance and enhanced oil recovery techniques. This segment plays a crucial role in maximizing the productivity of existing wells and ensuring efficient completion of new ones. According to the U.S. Energy Information Administration, workover and completion activities accounted for 35% of total oilfield operations in 2023, highlighting their significance in the industry.
The dominance of workover and completion chemicals is also attributed to the growing number of mature oil fields globally, which require frequent maintenance and stimulation. These chemicals are essential for addressing issues such as formation damage, scale build-up, and production decline in aging wells. The International Energy Agency reported in March 2024 that 60% of global oil production comes from mature fields, emphasizing the ongoing demand for workover chemicals.
The North American region is poised to maintain its dominance in the global Oilfield Chemicals Market during the forecast period, attributable to its role as a major oil and gas producer, housing prominent oil companies and engaging in strategic mergers and acquisitions to expand market share. For instance, in June 2023, the merger between NexTier Oilfield Solutions and Patterson-UTI is expected to create the second-largest oilfield services company in North America, solidifying the region's position in the industry.
The United States, in particular, leads the North American Oilfield Chemicals Market due to its vast oil and gas reserves and continuous technological advancements in extraction methods. The country's focus on enhancing oil recovery rates and optimizing production processes further boosts the demand for specialized oilfield chemicals. The offshore oil and gas sector in Canada is flourishing. It ranks as the world's fourth-largest producer of crude oil. Large-scale oil production facilities are located in British Columbia, which produced 12,000 barrels of crude oil per day in 2021, and Alberta, which has oil reserves of over 161.7 billion barrels.
The European Oilfield Chemicals Market is experiencing rapid CAGR growth, driven by increased offshore drilling activities in the North Sea and technological advancements in extraction techniques. The region's focus on enhancing oil recovery from mature fields is boosting demand for specialized chemicals. According to Eurostat, the European Union's statistical office, offshore oil production in the EU increased by 7.5% in 2023 compared to the previous year. For instance, in March 20, 2024, Baker Hughes announced the opening of a new research and development center in Aberdeen, Scotland, dedicated to developing advanced oilfield chemicals for deepwater operations.
Eastern European countries are emerging as significant contributors to the market's growth, with expanding exploration activities in the Black Sea and Caspian Sea regions. This expansion is supported by government initiatives to reduce dependence on oil imports. The European Commission reported in February 2024 that investment in oil and gas exploration in Eastern Europe grew by 15% year-over-year.
The global Oilfield Chemicals Market is a dynamic and competitive landscape, with a mix of established players and emerging challengers vying for market share. These players are actively working to strengthen their presence by implementing strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are dedicated to continuously improving their product line to meet the needs of a wide range of customers in different regions.
Some of the key players operating in the global Oilfield Chemicals Market include:
Nouryon, BASF SE, SMC Global, Baker Hughes, Halliburton, The Lubrizol Corporation, Aquapharm Chemical Pvt. Ltd., Clariant,Solvay S.A., Thermax Chemical Division.
In December 2022, Champion X announced the grand opening of a new laboratory and distribution center for chemicals used in oilfield services in Chaguaramas, Trinidad. Numerous analysis procedures, including corrosion coupon analysis, chemical compatibility testing, and bacteria level measurement in produced water, will be carried out at this lab facility.
In March 2022, in order to provide a wide range of chemicals for the whole oil and gas value chain, Halliburton announced the launch of the Halliburton Chemical Reaction Plant in Saudi Arabia.