Between 2023 and 2028, well stimulation is forecast to have the largest compound annual growth rate (CAGR) of any application of oilfield chemicals in Latin America, at 2.18 percent. In comparison, the production application of oilfield chemicals in Latin America during that period of time is expected to have the lowest CAGR, at 1.67 percent.
Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application
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Compound annual growth rate
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Mordor Intelligence. (March 6, 2024). Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application (in percent) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/
Mordor Intelligence. "Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application (in percent)." Chart. March 6, 2024. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/
Mordor Intelligence. (2024). Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application (in percent). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/
Mordor Intelligence. "Forecast Compound Annual Growth Rate of Oilfield Chemicals in Latin America from 2023 to 2028, by Application (in Percent)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/
Mordor Intelligence, Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application (in percent) Statista, https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/ (last visited July 03, 2024)
Forecast compound annual growth rate of oilfield chemicals in Latin America from 2023 to 2028, by application (in percent) [Graph], Mordor Intelligence, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/860659/latin-america-oilfield-chemicals-compound-annual-growth-rate-by-application/