The global market value of oilfield chemicals market from workover & completion and production were around 11.6 billion U.S. dollars and 7.6 billion U.S. dollars respectively in 2023. It is forecast that the market value of the former will increase, reaching nearly 16.1 billion U.S. dollars by 2031, marking an increase of nearly 39 percent compared to 2023.
Additional information on the oilfield chemicals market can be found here.
Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application
(in billion U.S. dollars)
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Extrapolate. (February 12, 2024). Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/
Extrapolate. "Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application (in billion U.S. dollars)." Chart. February 12, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/
Extrapolate. (2024). Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/
Extrapolate. "Market Value of Oilfield Chemicals Worldwide 2021 to 2023 with a Forecast from 2024 to 2031, by Application (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Feb 2024, https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/
Extrapolate, Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/ (last visited December 04, 2024)
Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by application (in billion U.S. dollars) [Graph], Extrapolate, February 12, 2024. [Online]. Available: https://www.statista.com/statistics/1453760/global-oilfield-chemicals-market-value-by-application/
