The specialty oilfield chemicals market is projected to grow at a CAGR of 5.9% between 2014 and 2019 to reach $12.4 billion by 2019. North America held the largest share in 2013 with the U.S. leading the region. In the low penetrated markets of Asia-Pacific and Latin America a high growth is expected while the highly developed North American and European regions are predicted to show moderate growth. Growth in the North American region is expected to be from drilling, well stimulation, and EOR applications.
The major players in the specialty oilfield chemicals markets are divided into three groups specialty oilfield chemicals manufacturers, service companies, and specialty oilfield chemicals suppliers/distributors. Akzonobel NV (The Netherlands), BASF SE (Germany), DuPont (U.S.), and so on are the major specialty oilfield chemicals manufacturers whereas Baker Hughes (U.S.), Halliburton (U.S.), Schlumberger Limited (U.S.), and so on, are the major service companies in this market. These companies showed significant presence amongst other players in the fragmented global specialty oilfield chemicals market.

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