Oilfield Biocides Market
Oilfield Biocides Market By Product Glutaraldehyde, Quaternary ammonium, Peracetic acid, DBNPA, Chlorine and THPS biocide, Application Completion, Fracturing, Drilling, Production and Others – Global Industry Analysis And Forecast To 2025
Industry Outlook and Trend Analysis:
Biocides are classified as oxidizing and non-oxidizing. Oxidizing biocides are widely used over non-oxidizing biocides due to the factor that they are perfect where the oilfield microbial attack is most, while registering itself at a compound annual growth rate CAGR during the forecast period. Biocides are extensively used in oilfields to control the growth of slime- forming bacteria, iron oxidizing bacteria, sulfate-reducing bacteria and bacteria that attacks during different oilfield processes. Oxidizing biocides are widely used in industrial and commercial cleaning procedures due to the factor of it being perfect for wiping-out microorganisms. The factors that are responsible for the rise in oxidizing biocides market are they are steady and more reactive than non-oxidizing. The market is predicted to grow during the forecasted period.
Product Outlook and Trend Analysis:
On the basis of product type the Oilfield Biocides Market is divided into; Glutaraldehyde, Quaternary ammonium, Peracetic acid, DBNPA, Chlorine and THPS biocide. Out of the entire product listed Glutaraldehyde is widely used biocide in oilfield sector due to have shown good results in the research with alkaline and neutral water. Glutaraldehyde is an oily liquid which is colorless and having a pungent odor. Due the factors of Glutaraldehyde that; it shows decrease in the bacterial count in the oilfield and reduces there microbial activity, also it shows decreased building-up of biofilm in oilfields the market of Glutaraldehyde is seen to rising.
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Regional Outlook and Trend Analysis:
Geographically, the market is segmented into Europe, North America, Asia Pacific, Latin America, Middle East and Africa. Due to strict rules and regulations by the government on the discharge of Volatile Organic Compound VOCs due to artificial solutions, North America is leading the Oilfield Biocides Market. America share in Oilfield Biocides Market is seen to be high during the predicted period as the tendency of people towards the use of environmentally-safe commodities is rising. The other factor involved in the growth of Oilfield Biocides Market in America is; Americas increasing share in oil and gas manufacturing and drilling sector.
Competitive Insights:
The players in the Oilfield Biocides Market are growing improvement in the productions techniques for meeting the increasing global demand. The players in Oilfield Biocides Market are seen providing large number of oilfield related assistance like; exploration, desiging, drilling and engeering assistance. The key players of Oilfield Biocides Market market are; Evonik Industries, Akzo Nobel, The Dow Chemical Company, Solvay and BASF.
The Oilfield Biocides Market is segmented as follows-
By Product:
Glutaraldehyde
Quaternary ammonium
Peracetic acid
DBNPA
Chlorine
THPS biocide
By Application:
Completion
Fracturing
Drilling
Production
Others
Region:
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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