The report offers detailed coverage of Crude Oil Flow Improvers (COFI) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Crude Oil Flow Improvers (COFI) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Crude oil flow improvers function as additive that provides suitable solution during crude oil extraction processes and maximize the production. Crude oil flow improvers could help hand for the oil companies.
Crude oil flow improvers (COFI) industry is concentrated relatively. Currently, there are several producing companies in the world crude oil flow improvers (COFI) industry. The main market players are LSPI, Flowchem, Baker Hughes, Innospec and Oil Flux Americas.
In consumption market, MEA, North America and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these regions occupied 78.89% of the global consumption volume in total.
Crude oil flow improvers (COFI) has seversl types, which include paraffin inhibitors, asphaltene inhibitors, scale inhibitors, drag reducing agent and hydrate inhibitors, etc. With development of oil and gas industry, the crude oil flow improvers (COFI) would develop rapidly. So, crude oil flow improvers (COFI) have a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance crude oil flow improvers (COFI) through improving technology.
The major raw materials for crude oil flow improvers (COFI) are poly alpha olefin (PAO), ethylene glycol/ethanol/water, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of crude oil flow improvers (COFI). The production cost of crude oil flow improvers (COFI) is also an important factor which could impact the price of crude oil flow improvers (COFI).
The report forecast global Crude Oil Flow Improvers (COFI) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Crude Oil Flow Improvers (COFI) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Halliburton
Nalco Champion
BASF
Schlumberger
Infineum
Evonik Industries
WRT BV
Clariant
LiquidPower Specialty Products
Flowchem
Baker Hughes
Innospec
Oil Flux Americas
The Zoranoc Oilfield Chemical
CNPC
At the same time, we classify Crude Oil Flow Improvers (COFI) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Paraffin Inhibitors
Asphaltene Inhibitors
Scale Inhibitors
Drag Reducing Agent
Hydrate Inhibitors
Others
Market by Application
Extraction
Pipeline
Refinery
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Crude Oil Flow Improvers (COFI) market for the forecast period 2021 - 2025?
• What are the driving forces in the Crude Oil Flow Improvers (COFI) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Crude Oil Flow Improvers (COFI) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?