Oilfield Chemicals Market Size, Growth | Industry Forecasts
Gmi Research18 Jan, 2023Business
The Oilfield Chemicals Market was estimated around USD 23.0 billion in 2021 and is expected to reach USD 30.6 billion by 2029, growing at a CAGR of 3.6% over the forecast period (2022-2029). The factors driving growth of the Oilfield Chemicals Market includes increase in the production of shale gas around the world, rising use of oil chemicals in stimulation, cementing and drilling, growing focus on developing environment friendly products around the world and improvements in the living standards
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