The MarkNtel Advisors has released its latest report titled "UAE Oilfield Chemicals Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.
UAE Oilfield Chemicals Market Definition:
Oilfield Chemicals are chemical substances of varying compounds used in oil and gas extraction activities and operations to improve the oil drilling process's productivity and efficiency and reduce the formation of metal scales and decline in water quantity in oil wells during exploration and drilling operations. As drilling fluids, the chemicals are used as clay control, biocides, suspension, fibers, rheology chemicals, and more. Similarly, as drillers, they are also used as membrane sealing solutions and specialized cement to stop losses.
UAE Oilfield Chemicals Market Overview
The UAE Oilfield Chemicals Market is projected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2023-28.
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What are the Key Driver in the industry?
Key Driver: Rising Investments in Well-Stimulation Technologies
Well stimulation refers to the process of arbitration performed on an oil or gas well to surge the production flow. Advancements in stimulation technologies due to increased research and development activities by market participants are lowering the costs while improving the efficiency of good stimulation to cater to the high natural gas and crude oil requirement, which is driving the industry.
Competitive Landscape With Leading Key Players:
The report's analysis of the UAE Oilfield Chemicals market's competitive environment includes thorough profiles of the major industry competitors.
Among these important figures are:
-AL Mihrab Oil & Gas
-Al Moghera
-Aquaness Chemicals
-Baker Hughes
-BASF SE
-Clariant AG
-Dow Chemical’s Corporation
-Nalco Champions
-Oil Plus Ltd.
-Petrochem Middle East FZE
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Important UAE Oilfield Chemicals Market Segmentation
By Application
-Drilling
-Production
-Completion & Workover
-Cementing
-Well Stimulation & Enhanced Oil Recovery (EOR)
By Product
-Inhibitors
--Corrosion & Scale
--Paraffin
--Hydrate
-Surfactants
-Polymers
-Biocides
-Scavengers
--Oxygen
--Hydrogen Sulfide
--Mercaptan
-Demulsifiers
-Antiform Agents
-Others (Pour Point Depressants, Asphaltene Control Agents, etc.)
By Region
-Abu Dhabi & Al Ain
-Dubai
-Sharjah & Northern Emirates
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Important Report Highlights:
- Historical Data (2018–2021)
- Base Year (2022)
- Market Prospects (2023–2028)
- Business Trends
- Drivers of the Market and Success Factors
- COVID-19's effects
- Value Chain Evaluation
- Comprehensive competitive landscape mapping
As part of the modification, we will give you any specific information you require that is not already covered by the report.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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