DUBLIN--(BUSINESS WIRE)--The "Oilfield Cement Additives Market: By Type and By Geography - Forecast 2016-2021" report has been added to ResearchAndMarkets.com's offering.
The key factor owing to the growth of this industry is the increasing demand from the energy sector which is creating thrust for drilling deeper to extract more oil. Along with demand growth, the adoption of new technologies for oilfield cement additives in emerging economies such as the Middle East provides a strong impetus to the market growth.
Since the oil demand is on a surge, the safety and quality of oil extracted from the fields also increases; and this is possible only with the proper usage of additives. Innovation becomes the key driver for the growth of this industry. The only restraint experienced by the industry is the environmental regulation for the usage of volatile organic compounds (VOC). R&D continues to enhance the usage of harmless chemicals for producing additives in this field.
Growth in the industry is not uniform across the regions. Developed regions such as Europe and North America are estimated to exhibit sluggish growth. On the contrary, APAC and Middle East are poised to exhibit the fastest growth due to the favorable macroeconomic factors and strong demand for oil.
China, Saudi Arabia, UAE and Russia are the growth frontiers for the Oilfield cement additives manufacturers, providing a huge market to be tapped. China's vast demand for energy will continue to drive the country's exploration and development of its significant unconventional resource potential, with a particular emphasis on natural gas, and hence increasing the additives market.
Key Topics Covered
2. Executive Summary
3. Oilfield Cement Additives Market Landscape
4. Oilfield Cement Additives Market Forces
5. Oilfield Cement Additives Market - Strategic Analysis
6. Oilfield Cement Additives Market - by Type
7. Oilfield Cement Additives Market - by Geography
8. Oilfield Cement Additives Market Entropy
9. Oilfield Cement Additives Market - Company Profiles
- Abhishek Impex
- Acti-chem (Thor)
- AkzoNobel N.V.
- Albemarle Corporation
- Arkema Group
- Ashland Inc.
- Avista Technologies
- BASF SE
- Caradan Chemicals
- Chevron Philips Chemical Company
- Solvay S.A.
- The Dow Chemical Company
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