Saudi Arabia Oilfield Chemicals Market, By Application (Enhanced Oil Recovery, Stimulation, Cementing, Completion Production, Drilling, Others), By Oilfield Type (Onshore, Offshore), By Type (Commodity Oilfield Chemicals, Special Oilfield Chemicals), By Region, Competition, Forecast & Opportunities, 2025

Abstract
Saudi Arabia oilfield chemicals market is estimated to stand at around $ 710 million in 2020 and is forecast to grow at around 10% to reach $ 1.1 billion by 2025. Anticipated growth in the market is driven by the growing demand for oil & gas across the globe and increasing investments in offshore exploration and production activities in Saudi Arabia, which makes the country the largest market for oilfield chemicals in the Middle East region. The market is likely to witness healthy growth in the coming years as the country aggressively expands oil and gas exploration activities to establish oil-market supremacy over the United States, Iran and Russia. In April 2020, SABIC announced plans to boost production to 12.3 million barrels a day with increase of 2.5% from maximum sustained capacity.

Saudi Arabia Oilfield Chemicals is segmented based on type, application, oilfield type, and region. Based on type, the market can be segmented into Special Oil Field Chemicals and Commodity Oil Field Chemicals, with the former category hold majority of the market share in 2019. Based on application, the market can be segmented into Enhanced Oil Recovery, Stimulation, Cementing, Completion Production, Drilling, and Others. Drilling application segment is expected to continue holding the largest share during the forecast period because of increase in E&P activities and investments in Saudi Arabia.

Regionally, Saudi Arabia oilfield chemicals market has been segmented into Eastern region, Central region and Rest of the Saudi Arabia, Eastern region is expected to hold the lion’s share throughout the forecast period owing to the large oil field reserves in the region. Major players operating in the Saudi Arabia oilfield chemicals market include Baker Hughes, M-I SWACO, ChampionX Corporation, The Dow Chemical Company, AUBIN Group, Clariant Altamimi Company Limited, REDA Oilfield, BASF SE, CECA Arkema, among others.
Years considered for this report:
Historical Years: 2015 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 2025
-bjective of the Study:
• To analyze and estimate the market size of Saudi Arabia oilfield chemicals market from 2015 to 2019.
• To estimate and forecast the market size of Saudi Arabia oilfield chemicals market from 2020 to 2025.
• To classify and forecast Saudi Arabia oilfield chemicals market based on type, application, oilfield type, company and regional distribution.
• To identify dominant region or segment in the Saudi Arabia oilfield chemicals market.
• To identify drivers and challenges for Saudi Arabia oilfield chemicals market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia oilfield chemicals market.
• To identify and analyze the profile of leading players operating in Saudi Arabia oilfield chemicals market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia oilfield chemicals market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of oilfield chemicals players operating in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the market players which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, ongoing projects and presence of all major players in Saudi Arabia.
TechSci Research calculated the market size of Saudi Arabia oilfield chemicals market using both top down and bottom-up approach, wherein data for various segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as white papers and secondary literature on BP Statistics, IEA, World Oil, UN Comtrade, International Monetary Fund, World Bank, company websites, investor presentations and annual reports were also analyzed by TechSci Research.
Key Target Audience:
• Saudi Arabia oilfield chemicals players, suppliers and other stakeholders
• Exploration & Production companies
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to oilfield chemicals market
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia oilfield chemicals market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Oilfield Type:
- Onshore
- Offshore
• Market, By Application:
- Enhanced Oil Recovery
- Stimulation
- Cementing
- Completion Production
- Drilling
- Others
• Market, By Type:
- Commodity Oil Field Chemicals
- Special Oil Field Chemicals
• Market, By Region:
- Eastern Region
- Central Region
- Rest of the Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Oilfield Chemicals market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

Content
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Saudi Arabia Oilfield Chemicals Market
4. Executive Summary
5. Saudi Arabia Oilfield Chemicals Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Application (Enhanced Oil Recovery, Stimulation, Cementing, Completion Production, Drilling, Others)
5.2.2. By Oil Field Type (Onshore & Offshore)
5.2.3. By Type (Commodity Oil Field Chemicals, Special Oil Field Chemicals)
5.2.4. By Region (Eastern Region, Central Region, Rest of Saudi Arabia)
5.2.5. By Company (2019)
5.3. Product Market Map
6. Saudi Arabia Enhanced Oil Recovery Chemicals Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Oil Field Type
6.2.2. By Type
6.2.3. By Region
6.2.4. By Company
7. Saudi Arabia Stimulation Chemicals Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Oil Field Type
7.2.2. By Type
7.2.3. By Region
7.2.4. By Company
8. Saudi Arabia Cementing Chemicals Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Oil Field Type
8.2.2. By Type
8.2.3. By Region
8.2.4. By Company
9. Saudi Arabia Completion Production Chemicals Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Oil Field Type
9.2.2. By Type
9.2.3. By Region
9.2.4. By Company
10. Saudi Arabia Drilling Chemicals Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Oil Field Type
10.2.2. By Type
10.2.3. By Region
10.2.4. By Company
11. Saudi Arabia Others Chemicals Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Oil Field Type
11.2.2. By Type
11.2.3. By Region
11.2.4. By Company
12. Market Dynamics
12.1. Drivers
12.2. Challenges
12.3. Impact Analysis (COVID-19, Raw Material Availability & Pricing, Geopolitical Conditions)
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. Saudi Arabia Economic Profile
16. Import-Export Analysis
17. Competitive Landscape
17.1. Baker Hughes Inc.
17.2. ChampionX Corporation
17.3. The Dow Chemical Company
17.4. AUBIN Group
17.5. Arabian Minerals and Chemical Company
17.6. Clariant AG
17.7. Halliburton Company
17.8. REDA Oilfield
17.9. AkzoNobel Inc.
17.10. CECA Arkema
17.11. BASF SE
18. Strategic Recommendations