Global Oilfield Biocides Market Overview :

Global oilfield biocide market is estimated to reach $669.9 Million by 2025; growing at a CAGR of 7.0% till 2025. Biocides are the chemical compounds used to decontaminate, fumigate, and sterilize petroleum products to eradicate the degradation of microbiological processes. Microbial control is important to step to avoid detrimental effect on pipelines, production equipment, and the reservoir in the oil and gas industry.  Biocides are generally used in most of the oilfield development stages such as drilling of the wells, production of oil & gas and servicing of fields. Based on the chemical mechanism of the biocides, it is mainly classified as oxidized and non-oxidized biocides. Other than the oil and gas industry, it is primarily used in agriculture, food industry, swimming pools, forestry, and cosmetics. Biocides products are mainly categorized into four groups: disinfectants, pest control, preservatives, and other biocidal products.

Global Oilfield Biocides Market: Growth Factors

The growth in oilfield biocides market is due to a boom in production and extraction of crude oil and petroleum products. Also, the growing demand for petroleum products in a developing country expected to drive the growth of the oil and gas industry. However, rising awareness about the use of renewable energy source such as geothermal biomass, solar, hydropower energy might hamper the growth of the oilfield biocide market.

Global Oilfield Biocides Market: Segmentation

The global oilfield biocides market is mainly classified on the basis of type and geography. On the basis of type, the market is categorized as Glutaraldehyde, THPS [Tetrakis (hydroxymethyl) phosphonium sulfate], TTPC [Tributyl Tetradecyl Phosphonium Chloride], DBNPA, QAC (Quaternary Ammonium Compounds), Bronopol and Others.

Global Oilfield Biocides Market: Regional Analysis

Based on geography, the global oilfield biocide market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa

Global Oilfield Biocides Market: Competitive Players

Key players operating in the market include Nalco Holding Company, ICL Industrial Products, DuPont de Nemours, Inc., Solvay S.A., Lonza Group Ltd, Troy Corporation, Thor Group Limited, Clariant AG, Albemarle Corporation, Kemira Oyj and Baker Hughes, a GE company, LLC

Oilfield Biocides Market Key Segments:

By Type

  • Glutaraldehyde
  • THPS [Tetrakis (hydroxymethyl) phosphonium sulfate]
  • TTPC [Tributyl Tetradecyl Phosphonium Chloride]
  • DBNPA
  • QAC (Quaternary Ammonium Compounds)
  • Bronopol
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South KoreaRest of Asia Pacific
  • Rest of the World
    • South America
    • Middle East
    • Africa

Key Market Players

  • Nalco Holding Company
  • ICL Industrial Products
  • DuPont de Nemours, Inc.
  • Solvay S.A.
  • Lonza Group Ltd
  • Troy Corporation
  • Thor Group Limited
  • Clariant AG
  • Albemarle Corporation
  • Kemira Oyj
  • Baker Hughes, LLC

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market

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