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Increased Demand In Emerging Markets Drives The Development Of Oilfield Surfactant Market

Apr 12, 2019

In 2014, the global oilfield surfactant market totaled 598,000 tons, with a total value of approximately US$853 million. It is expected to reach US$1.1 billion by 2020, with an average annual growth rate of 5.5%.

Oilfield surfactants are an important specialty chemical for oilfields, mainly used in crude oil extraction, transportation and refining, as well as to improve oil recovery. The oilfield surfactant market can be roughly divided into three parts, namely product type, structure and its application. In terms of chemical properties, oilfield surfactants can be used in emulsifiers, corrosion inhibitors, lubricants, wetting agents, suspending agents, defoamers, dispersants and bactericides.

Over the past decade, economic development in developing regions has increased the demand for energy in these markets, thereby driving oil and natural gas extraction, which in turn has driven the development of oilfield chemicals. The increase in crude oil extraction in emerging markets is the main reason for the development of oilfield surfactant market. However, environmental protection problems are becoming more and more serious, and the decline in crude oil prices will have certain restrictions on the development of crude oil mining industry. In 2014, the global oilfield surfactant market totaled 598,000 tons, with a total value of approximately US$853 million. It is expected to reach US$1.1 billion by 2020, with an average annual growth rate of 5.5%.

Anionic surfactants are the main type of sale, and amphoteric surfactants are mainly used as corrosion inhibitors or for enhanced oil recovery. The oilfield surfactant market can also be divided into synthetic surfactants and biosurfactants. With the increasing awareness of environmental protection in recent years, the development rate of biosurfactants is surpassing that of synthetic surfactants.

North America dominates the global oilfield surfactant market, which accounts for 34% of the global total, followed by Europe, with many major oil producing countries located in Europe, such as Russia, Kazakhstan and Azerbaijan, while the Asia-Pacific region is growing at a faster rate. The fastest.

 

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