MarkNtel Advisors recently published a detailed industry analysis of the UAE Oilfield Chemicals Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

UAE Oilfield Chemicals Markets, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

The UAE Oilfield Chemicals Market  is projected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2023-28.

Key Findings in UAE Oilfield Chemicals Market:

• Historical Analysis: 2018 –2021
• Base Year: 2022
• Forecast Period: 2023-2028

Leading Market Players- 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

Key Highlights of the Report

• Market Dimensions And Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the UAE Oilfield Chemicals industry?

Rising Investments in Well-stimulation Technologies- Well stimulation refers to the process of arbitration performed on an oil or gas well to surge the production flow. Advancements in stimulation technologies due to increased research and development activities by market participants are lowering the costs while improving the efficiency of good stimulation to cater to the high natural gas and crude oil requirement, which is driving the industry.

As a result, the enhanced oil recovery and advancement in oil extraction processes are accelerating the industry. Additionally, to deliver the increased electricity and power requirement, especially for commercial and residential utilization, the fuel extraction services are likely to strengthen, adding to the market value.

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What segments define the UAE Oilfield Chemicals Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

By Application

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

According to report, Among all, Production segment is anticipated to acquire the greatest market share in the forecast years, following its dominance in the market during the historical period.

By Product

• Inhibitors
  • Corrosion & Scale
  • Paraffin
  • Hydrate
• Surfactants
• Polymers
• Biocides
• Scavengers
  • Oxygen
  • Hydrogen Sulfide
  • Mercaptan
• Demulsifiers
• Antiform Agents
• Others (Pour Point Depressants, Asphaltene Control Agents, etc.)

According to report, Inhibitors are projected to capture the largest share of the UAE Oilfield Chemicals Market during the forecast period. 

Explore the Complete UAE Oilfield Chemicals Market Analysis Report –  https://www.marknteladvisors.com/research-library/uae-oilfield-chemicals-market.html

Geographical Analysis: UAE Oilfield Chemicals Market

 By Region

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

UAE Oilfield Chemicals Industry Recent Development:

•  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.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Southeast Asia Booster Compressor?
• How is the Southeast Asia Booster Compressor expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.

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