Oilfield Drilling Additives Market
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Oilfield Drilling Additives Market Size and Growth
The Oilfield Drilling Additives market is experiencing growth driven by increasing global oil demand and technological advancements. Estimated at approximately $10 billion, the market is projected to expand due to rising exploration and production activities. Key trends include the development of eco-friendly additives and enhanced operational efficiency in drilling processes.
Companies Covered
(Covid 19 Impact Covered)
◍ Lubrizol
◍ AkzoNobel
◍ DowDuPont
◍ Imerys Oilfield
◍ BASF
◍ Chevron Philips Chemical
The oilfield drilling additives market features key players like Lubrizol, AkzoNobel, DowDuPont, Imerys Oilfield, BASF, and Chevron Phillips Chemical. These companies enhance drilling efficiency and performance through specialized additives, driving market growth.
Sales revenue figures:
- BASF: $78.6 billion
- DowDuPont: $86 billion
- Chevron Phillips: $16 billion Request Sample Report
Market Segmentation
By Application
Onshore
Offshore
By Product
◍ Dispersants
Fluid Viscosifiers
Corrosion Inhibitors
Biocides
Surface Modifiers
Defoamers
Others
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Market Growth
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$ X Billion USD
