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The new report by Expert Market Research titled, ‘Global Oilfield Chemicals Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Oilfield Chemicals Market, assessing the market based on its segments like products, growth, applications, locations and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. The rising demand for oilfield chemicals can be attributed to the increase in exploration and oil production operations, buttressed by the efforts of government particularly in developing countries. For instance, oil and gas companies in India, like Petronet LNG, Indian Oil Co., ONGC announced expansion plans in the domestic gas & oil industry in February 2021 to accommodate the global consumer demand. The major players in the market are Halliburton Company, Kraton Corporation, Solvay SA, BASF SE, Clariant International Ltd., NuGenTec LLC, among others.

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