Global Oilfield Process Chemicals Market Outlook (2014-2022)

The demand for oilfield chemicals market grows due to technological advancements and increasing global energy demand for oil and gas exploration and increase in need for higher value chemicals, the global oilfield process chemicals market is expected to grow at a compound annual growth rate (CAGR) of 4.9% and reach US$11.34 billion by 2022 from $7.72 billion in 2014.