Water Treatment Chemical (Additive) in Oil and Gas Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Nalco (Ecolab), Solenis, Jianghai Environmental Protection Co.,Ltd (Ecolab)

The global Water Treatment Chemical (Additive) in Oil and Gas Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.0% during the review period (2022 to 2027)

Water Treatment Chemical (Additive) in Oil and Gas Market Overview

The COVID-19 pandemic has resulted in a huge drop in the demand for oil. This has resulted in decreased investments and a major scaling back in the drilling activities. As a result, the demand for water treatment chemicals in the industry has declined. Owing to the pandemic scenario, the petroleum refineries units had cut their throughput as the demand for fuel had been decreased by about 30% to 40% globally during the lockdown. For instance, Indian Oil Corporation Ltd, with a refining capacity of 5 million barrels per day of crude oil, had cut its crude oil processing by about 30-40%, which had led to a decrease in the consumption of wastewater treatment chemicals in the oil and gas industry. Over the short term, rising shale gas extraction leading to water contamination and expansion of oil refineries across the world, leading to an increase in the wastewater volume, are expected to drive the oil and gas water treatment chemicals market growth.

Industry News:

• In November 2020, Ovivo announced the acquisition of ALAR, a manufacturer and provider of wastewater treatment chemicals and systems, enhancing its product portfolio and business.


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  July 6, 2021, Platinum Equity Completes Acquisition of Water Treatment Company Solenis-
  
  Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries.

  
  

What are the major Applications, Types and Regions for Water Treatment Chemical (Additive) in Oil and Gas Market?

By Type, it is segmented into

•     Corrosion Inhibitor


•     Scale Inhibitor


•     Coagulants and Flocculants


•     Biocides and Disinfectants


•     Chelating Agents


•     Anti-foaming Agents


•     PH Adjusters and Stabilizers


•     Others

By Applications it is segmented into

•     Drilling Equipment Treatment


•     Oil and Gas Pipeline Treatment


•     Oil Refining Unit Treatment


•     Water Separation


•     Others

Water Treatment Chemical (Additive) in Oil and Gas Market Regional Analysis

North America dominated the worldwide water treatment chemicals market share. This can be ascribed to the presence of a large number of mining, oil and gas, and power generation activities in the United States.

The United States was the only major producer and consumer of natural gas, and mostly shale gas, holding for a large chunk of international capacity.

All these factors greatly affect the Water Treatment Chemical (Additive) in Oil and Gas market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Water Treatment Chemical (Additive) in Oil and Gas Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Water Treatment Chemical (Additive) in Oil and Gas Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Water Treatment Chemical (Additive) in Oil and Gas Market Report Scope?

Scope of the Report covers Water Treatment Chemical (Additive) in Oil and Gas Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Water Treatment Chemical (Additive) in Oil and Gas Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2021-2027.

Key Takeaways from this Water Treatment Chemical (Additive) in Oil and Gas Report

• Evaluate Water Treatment Chemical (Additive) in Oil and Gas market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Water Treatment Chemical (Additive) in Oil and Gas market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Water Treatment Chemical (Additive) in Oil and Gas Market is studied from 2017 - 2027.

What is the growth rate of Water Treatment Chemical (Additive) in Oil and Gas Market?

The Water Treatment Chemical (Additive) in Oil and Gas Market is growing at a CAGR of 4.0% over the next 5 years.

Who are the key players in Water Treatment Chemical (Additive) in Oil and Gas Market?

Nalco (Ecolab), Solenis, Jianghai Environmental Protection Co.,Ltd (Ecolab), Kurita, Henan Qingshuiyuan Technology(Shenzhen:300437.SZ), SUEZ (GE), Kewei Tianshi Environmental Protection Technology Group

What region does this Water Treatment Chemical (Additive) in Oil and Gas Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Water Treatment Chemical (Additive) in Oil and Gas Market?

Corrosion Inhibitor, Scale Inhibitor, Coagulants and Flocculants, Biocides and Disinfectants, Chelating Agents, Anti-foaming Agents, PH Adjusters and Stabilizers, Other

What are the major end-use applications of Water Treatment Chemical (Additive) in Oil and Gas Market?

Drilling Equipment Treatment, Oil and Gas Pipeline Treatment, Oil Refining Unit Treatment, Water Separation, Other