Oilfield Chemicals Market Expected to Reach $59,925 Million, Globally, by 2023
In 2016, North America dominated the global market, with more than two-thirds share in the overall market. The demulsifier segment is estimated to grow at highest CAGR of 6.1% from 2017 to 2023. In 2016, the corrosion & scale inhibitor was the leading segment, accounting for nearly one-third share in global market. The well stimulation application segment is estimated to grow at highest growth rate, registering a CAGR of 6.0%. Asia-Pacific is expected to grow at highest CAGR of 6.7%, during the forecast period. U.S. is the leading country in global market, growing at a CAGR of 4.6% from 2017 to 2023.
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