The total market value of oilfield chemicals market worldwide was around 28.1 billion U.S. dollars in 2023. It is forecast that the global market value will increase considerably, reaching nearly 38.2 billion U.S. dollars by 2031 across all regions. North America is expected to lead the market, with a contribution of nearly 9.7 billion U.S. dollars in 2023 and an estimated 12.2 billion U.S. dollars in 2031.
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 region
(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 region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/
Extrapolate. "Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by region (in billion U.S. dollars)." Chart. February 12, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/
Extrapolate. (2024). Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/
Extrapolate. "Market Value of Oilfield Chemicals Worldwide 2021 to 2023 with a Forecast from 2024 to 2031, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Feb 2024, https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/
Extrapolate, Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/ (last visited December 04, 2024)
Market value of oilfield chemicals worldwide 2021 to 2023 with a forecast from 2024 to 2031, by region (in billion U.S. dollars) [Graph], Extrapolate, February 12, 2024. [Online]. Available: https://www.statista.com/statistics/1453761/global-oilfield-chemicals-market-value-by-region/
