[FURL=https://www.industryarc.com/Report/16543/oilfield-scale-inhibitor-market.html]Oilfield Scale Inhibitor Market[/FURL] size is forecast to reach $908.45 million by 2025, after growing at a CAGR of 5.40% during 2020-2025. Scale inhibitors are chemicals that cease or disrupt the nucleation of inorganic compounds, their precipitation, and later co-adherence to production conduit and facilities used in processing. Performance of a scale inhibitor is influenced by magnesium and calcium ion levels, pH, temperature, and prevalence of other corrosive chemicals in brine mixtures generated during the process of oil and gas well drilling. Rise in need for scale inhibitors in the gas and oil industry as well as demand for scale inhibitors that are biodegradable are a few key factors expected to drive the oilfield scale inhibitors market during the forecast period.Key Takeaways
New product developments and increasing investments in research and development of oilfield scale inhibitor is expected to drive the growth of this market.
Among type of oilfield scale inhibitor, carboxylate/acrylic segment is projected to lead the oilfield scale inhibitor market during the forecast period.
Asia Pacific dominated the oilfield scale inhibitor market.
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Oilfield Scale Inhibitor Market Segment Analysis - Geography
RoW dominated the oilfield scale inhibitor market with a share of more than 36%, followed by Asia Pacific and North America. The region has the largest proven oil reserves in the world. Huge oil and gas activities, along with new oil & gas field discoveries, make this region a huge prospect for the market. The Middle-East, Africa, and South America have abundant proven oil and gas reserves, which will enable the rapid growth of the oilfield scale inhibitor market in these regions. Among the regions in RoW, Africa's oilfield scale inhibitor market has the highest prospect for growth.
Oilfield Scale Inhibitor Market Drivers
Increase in usage of oilfield scale inhibitor in oil & gas industry
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the oilfield scale inhibitors market. In 2019, the market of oilfield scale inhibitors has been consolidated by the top five players accounting for xx% of the share. Major players in the oilfield scale inhibitors market are GE Power & Water Process Technologies, AkzoNobel Oilfield Chemicals, Ashland Inc., BASF SE, Clariant AG, Halliburton Company, Kemira OYJ, Innospec Inc., Schlumberger Limited, Solvay S.A., Evonik Industries AG, The DOW Chemical Company, and Baker Hughes Incorporated. among others.
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