UAE Oilfield Chemicals Market Overview:

According to MarkNtel Advisors study the UAE Oilfield Chemicals Market is projected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2023-28. The market growth is accredited to the rising applications of chemicals in numerous operations such as production, drilling, well stimulation, oil recovery, cementing, etc. With a vast populace and consumer base relying on the conventional form of energy obtained from oil and fuel reservoirs, the industry will likely tread positively in the forecasting period. Besides, the explorations and discovery of new oil fields, combined with increased production and well-stimulation of established reservoirs, will likely fuel the demand for oilfield chemicals extending the market ascension.

Key Findings of the Study: UAE Oilfield Chemicals market

Growth Opportunity: Increasing Collaborative Activities & Business Establishments

To expand and establish their business overseas, numerous market players are collaborating and strengthening their bonds to improve their productivity, which is opening new market opportunities for the industry. Besides, the rising demand for cementing fluids will likely bode well for the industry's future. Moreover, the diversification of the economy in the country, leading to the establishment of new businesses and expansion of numerous sectors such as automotive, electrical, etc., are likely to develop new opportunities for the industry.

In case you missed it, we are currently revising our reports. Click on the "request sample report" button to get the latest research data with forecast for the years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.

Scope of the UAE Oilfield Chemicals Market Report Segmentation

-By Application

  • Drilling
  • Production
  • Completion & Workover
  • Cementing
  • Well Stimulation & Enhanced Oil Recovery (EOR)

-By Product

  • Inhibitors
  • Surfactants
  • Polymers
  • Biocides
  • Scavengers
  • Demulsifiers
  • Antiform Agents
  • Others (Pour Point Depressants, Asphaltene Control Agents, etc.)

For more detailed information about the UAE Oilfield Chemicals market report, click here – https://www.marknteladvisors.com/research-library/uae-oilfield-chemicals-market.html

Geographical analysis:

-By Region

  • Abu Dhabi & Al Ain
  • Dubai
  • Sharjah & Northern Emirates

Recent Developments in the UAE Oilfield Chemicals Market

  • In April 2023, Black & Veatch awarded Baker Hugh the contract to provide two compressor trains for Petronas’s floating LNG (FLNG) facility in Malaysia.
  • In October 2022, Clariant AG completed the acquisition of BASF’s U.S. Attapulgite business assets, strengthening Clariant’s position in the industry for the purification of edible oils and renewable fuels.

 Current Landscape of UAE Oilfield Chemicals Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the UAE Oilfield Chemicals market. The research report profiles major players, including

Customization of Reports Available – https://www.marknteladvisors.com/query/request-customization/uae-oilfield-chemicals-market.html

  • 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

 Related Reports

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, 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 14.8 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India