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Category: Oil Industry (Page 1 of 14)

Oilfield Services Market Vendors to Gain Revenue Opportunities by Focusing on Open Architectures

The global oilfield services market is set to witness a significant growth due to the increasing shale gas exploration, increasing oil & gas production, and growing efforts in exploring new oil & gas reserves.

The oilfield services market is expected to grow from an estimated USD 106.43 Billion in 2017 to USD 125.51 Billion by 2022, registering a CAGR of 3.35%, from 2017 to 2022.

The onshore segment is expected to hold the largest share of the oilfield services market, by application, during the forecast period.

The onshore sub-segment, within the application segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. However, the offshore segment is expected to grow at the fastest rate during the forecast period. The growth of this segment is primarily driven by new exploration and production activities being carried out in offshore areas.  This would ultimately create new revenue pockets for the oilfield services market during the forecast period. Oilfield services plays a critical role in challenging environmental conditions such as HPHT and unconventional reservoirs.

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The fluctuating crude oil prices, are the major restraints for the market.

The oil & gas industry is susceptible to crude oil price fluctuations affecting the demand for oil as well all its related markets. The competition between the U.S. and the OPEC countries, particularly because of the shale gas revolution, has been one of the factors for the oil price plunge in the recent years. The crude oil prices plummeted to less than USD 30 a barrel in February 2016 after having seen a peak of over USD 110 a barrel in September 2013. From July 2014, prices fell sharply and continued to be at lower level causing sharp CAPEX cuts in 2015, and 2016. The industry shifted their focus towards cost optimization and extremely thin spend on new activities effecting heavily any demand growth across upstream oil and gas activities. The current year, 2018, is witnessing fairly stabilized crude oil prices around USD 70 a barrel bringing alive the upstream spending to an extent.

Oilfield Services Market Target Audience:

The target audience of this report includes:

  • Consulting companies of the energy and power sector
  • Government and research organizations
  • Investment banks
  • National Oil Companies (NOCs)
  • Oilfield tools & equipment manufacturers
  • Oilfield service companies
  • Oil & gas field operators
  • Power and energy associations
  • Exploration & Production companies

The pressure pumping services oilfield services sub-segment, within the services segment, is expected to hold the largest share of the oilfield services market during the forecast period.

The pressure pumping services oilfield sub-segment, within the services segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. However, the well completion equipment and services segment is expected to grow at the fastest rate during the forecast period. Pressure pumping oilfield services are used for applications such as well cementing and stimulation.  Increasing drilling activities for extraction of oil & gas has raised the demand for EOR and advanced drilling technologies, further increasing the demand for pressure pumping services. Countries such as the U.S. and China are expected to drive the market demand, mostly because of the ongoing shale boom.

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North America: The leading market for oilfield services

In this report, the oilfield services market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The market in North America is expected to dominate the global oilfield services market, given increased oil & gas exploration activities, especially in the U.S. The production of oil & gas from oil sands, tight gas, and natural gas from coal, in Canada, combined with shale gas activities in the U.S., would drive the oilfield services market in North America.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the oilfield services market. These players include Baker Hughes Incorporated (U.S.), Halliburton Company (U.S.), Schlumberger Limited (U.S.), Weatherford International, PLC (Switzerland), Superior Energy Services, Inc. (U.S.), and GE Oil & Gas (U.K.). The leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

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Water Treatment Chemicals Market worth 56.57 Billion USD by 2022 at a CAGR of 6.0%

Water Treatment Chemicals Market is projected to reach USD 56.57 Billion by 2022, at a CAGR of 6.0% from 2017 to 2022. The increasing demand for chemically treated water from various end-use industries is expected to drive the growth of the water treatment chemicals market across the globe during the forecast period. 

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Browse 81 Market Data Tables and 30 Figures spread through 147 Pages and in-depth TOC on “Water Treatment Chemicals Market

Premium Insights of the report:

  • Significant Opportunities in the Water Treatment Chemicals Market
  • Water Treatment Chemicals Market, By Type
  • Water Treatment Chemicals Market Share, By Region
  • Water Treatment Chemicals Market, By End User
  • Water Treatment Chemicals Market, By End User and Region

Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. This segment of the market is also projected to grow at the highest CAGR in terms of volume between 2017 and 2022. The increasing use of water treatment chemicals in the municipal water treatment processes such as coagulation & flocculation is expected to contribute to the growth of the coagulants & flocculants segment of the water treatment chemicals market. Moreover, growing global population and rapid urbanization in emerging economies are also expected to fuel the growth of this segment of the water treatment chemicals market during the forecast period.

Based on end user, the municipal segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. The growth of this segment of the market can be attributed to the rapid urbanization and continuously growing population across the globe. This, in turn, has led to increased demand for quality water. Moreover, increase in the number of projects being commissioned and tendered in various emerging economies across the globe is also contributing to the demand for water treatment chemicals in the municipal end user segment.

The North American region is expected to be the largest market for water treatment chemicals during the forecast period. Large industrial base, high disposable income of masses, and their high living standards are the factors expected to fuel the growth of the North America water treatment chemicals market between 2017 and 2022. The Asia-Pacific water treatment chemicals market is projected to witness the highest growth during the forecast period, in terms of volume, owing to the rising standard of living of masses in the region that has resulted in growing demand for quality drinking water. In addition, various government initiatives and policies to attract investments from various international companies are also expected to boost the growth of the Asia-Pacific water treatment chemicals market during the forecast period.

BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), and Kemira OYJ (Finland) are the leading players operating in the water treatment chemicals market.

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Datam Intelligence

Formate Brines Market analysis,size,2026

Title:  Formate Brines Market – Size, Share and Forecast (2019-2026)

Ticker: In May 2019, Swedish specialty chemicals company Perstorp announced its decision to construct a new plant at its Perstorp site, Sweden, to increase the capacity for Pergrip Run NF, the company’s sodium formate de-icer product for airport runways.

Market Overview

Formate brines are the aqueous solutions of the alkali metal salts of formic acid. These salts are readily soluble in water, yielding high-density brines and known as high temperature fluids. They are solution of sodium, potassium, and cesium based formate in water. Various types of formates have different degree of solubility in water. They are receiving more responsiveness for its application in oil & gas exploration and deicing of fluids.   Apart from the oil and gas industry, demand for formate brines is also increasing from chemicals, pharmaceuticals, food and beverage and leather industries worldwide.

Market Dynamics

Broad range useful characteristics of formate brines in various application and increasing oil and gas drilling activities are the major impacting drivers for the growth of the market.

For instance, Shell (UK) Expro used Cabot’s cesium formate in a coiled tubing completion operation on the HTHP Shearwater development to diminish the risks associated with very high reservoir temperature and pressure (182°C [365°F] and 965 bar [14,000 psi]). Adding to this, Abot Specialty Fluids (CSF) has confirmed the first successful major field trials of its new cesium formate fluid in the UK sector of the North Sea.

Segment Analysis

By type, the formate brines market is segmented into potassium formate, sodium formate, cesium formate and others. The formate brines market by potassium formate was valued

It is available in both solid and solution form. The fluid properties of the potassium formate system were very stable during the drilling operation. Potassium formate fluids can reach 1.57 sg (13.1 ppg) at saturation. It is 76% w/w soluble in water. Traditional divalent chloride and bromide brines are not as soluble, +/- 50% w/w. The growing interest for atmosphere friendly formate brines as a drilling fluid for oil and gas drilling projects continues to drive the demand for potassium formate.

Companies are focusing to drill high temperature gas wells using potassium formate based system. For instance, Potassium formate brines have been used as packer fluids in HPHT wells in the Gulf of Mexico since 2002. Furthermore, Mobil Oil Germany had been drilling high temperature, slimhole gas wells in low permeability sandstone in the Walsrode Field with KCl/gel/carbonate fluids, with good success.

Geographical Analysis

The geography part is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

North American market is expected to dominate formate brine market with significant oil & gas exploration activities. Rising importance for ecological harmless options for drilling fluids in this region can be accredited to their large market share ly. Rising acceptance of formate brines from deicing applications is also expected to boost its demand in North American countries.

Increasing the temperature stability of environmentally friendly drilling and completion fluids based on organic brine. REACH Regulation places responsibility on industry to manage the risks from chemicals and to provide safety information on the substances.

Competitive Landscape

The Formate Brines market is a competitive with existing players in the market.  Some of the major players include American Elements, 

·        Drilling Fluids and Chemicals Limited,

·        Tetra Technologies,

·         ADDCON,

·        Dynalene, Inc.,

·        Cabot Corporation,

·         Mudanjiang Fengda Chemicals Co., Ltd.,

·        Central Drug House.,

·         Perstorp Holding AB,

·        ICL

·         Zibo Evergreen Chemical Co., Ltd.

Companies are concentrating to improve their production capacities due to the high demand from various applications. For instance, The ADDCON formate production facilities in Norway and Germany have a capacity of 800,000 bbl/annum of formate brine and 10,000 MT/annum of formate powder.

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  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

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Water Clarifiers Market expected to reach 7.43 Billion USD by 2022, at a CAGR of 6.6%, over 2017–2022

[129 Pages Report] The Global Water Clarifiers Market is estimated to reach USD 7.43 Billion by 2022, at a CAGR of 6.6% from USD 5.39 Billion in 2017. The water clarifiers market has witnessed significant growth in recent years, owing to stringent regulations related to environment and water treatment. Increasing population and industrialization, coupled with declining freshwater resources has compelled governments of several countries to implement water treatment regulations, which, in turn, are driving the consumption of water clarifiers around the world.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Water Clarifiers Market, By Type

7 Water Clarifiers Market, By End-Use Industry

8 Water Clarifiers Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

Water clarifiers are used across various end- municipal water treatment, pulp & paper, textile, petrochemicals, metals & mining, and other industrials. Based on end-use industry, the metals & mining segment is expected to grow at the highest rate during the forecast period. The requirement of water clarifiers is the highest in the metals & mining industry, as this industry is highly water-intensive.

Asia Pacific is expected to be the fastest-growing market for water clarifiers during the forecast period. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for water clarifiers in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water consumption, which, in turn, will lead to high demand for flocculants and coagulants.

Some of the major market players active in the global water clarifiers market include SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Buckman Laboratories, Inc. (US), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).

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Oilfield Services Market Dynamics 2022 – Schlumberger, Halliburton, Baker Hughes, Weatherford, Superior Energy Services, and GE Oil & Gas

The report Oilfield Services Market by Application (Onshore and Offshore), Service (Well Completion Equipment & Services, Well Intervention Services, Coiled Tubing Services, Pressure Pumping Services, OCTG, and Wireline Services), and Region – Global Forecast to 2022″, the oilfield services market is expected to grow from an estimated USD 106.4 billion in 2017 to USD 125.5 billion by 2022, registering a CAGR of 3.4%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing shale gas exploration, increasing oil & gas production, and growing efforts in exploring new oil & gas reserves.

The onshore segment is expected to hold the largest share of the oilfield services market, by application, during the forecast period.

The onshore sub-segment, within the application segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. Onshore applications are highly popular in the Middle East and North America, especially in countries such as Saudi Arabia, Kuwait, the U.S., and Canada, where the maximum number of oilfields are located onshore. The market in North America is key for onshore applications due to increasing shale gas production in the US and well intervention activities in the shale basins in the region. Despite the decline in oil prices since 2014, production activities are being carried out, which is expected to increase the demand for oilfield services, such as, well intervention.

However, the offshore segment is expected to grow at the fastest rate during the forecast period. The growth of this segment is primarily driven by new exploration and production activities being carried out in offshore areas.  This would ultimately create new revenue pockets for the oilfield services market during the forecast period. Oilfield services plays a critical role in challenging environmental conditions such as HPHT and unconventional reservoirs.

Browse and in-depth TOC on “Oilfield Services Market”

86 – Tables
113 – Figures
248 – Pages

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The pressure pumping services oilfield services sub-segment, within the services segment, is expected to hold the largest share of the oilfield services market during the forecast period.

The pressure pumping services oilfield sub-segment, within the services segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. Pressure pumping oilfield services are used for applications such as well cementing and stimulation.  Increasing drilling activities for extraction of oil & gas has raised the demand for EOR and advanced drilling technologies, further increasing the demand for pressure pumping services. The pressure pumping market is expected to grow in the future as a result of shale gas exploration and production activities in North America. Additionally, the markets in Asia Pacific and Africa offer opportunities for service providers as offshore exploration activity is on the rise in these regions. Currently, production activities from aging reservoirs of the North Sea are leading to an increased demand for pressure pumping services despite dwindling oil and gas reserves. Countries such as the US and China are expected to drive the market demand, mostly because of the ongoing shale boom.

North America: The largest oilfield services market.

In this report, the oilfield services market has been analyzed with respect to 6 regions, namely, North America, South America, Europe, Asia Pacific, Middle East, and Africa. The market in North America is expected to dominate the global oilfield services market, given increased oil & gas exploration & production activities, especially in the U.S.  According to the IEA, the US is determined to become the net exporter of energy by 2020; and to fulfill this objective, the oil production is being increased across the nation. Moreover, the US retained its position as a top oil producer in 2018, due to the shale revolution. The Mexican government has recently begun expanding its oil & gas industry with the liberalization of its domestic energy sector. The government has enacted reforms that have ended the monopoly of the state-run PEMEX in an effort to attract foreign investors and operators. Mexico is estimated to have the world’s sixth-largest reserve of recoverable shale gas—approximately 600 Tcf. The production of oil & gas from oil sands, tight gas, and natural gas from coal, in Canada, combined with shale gas activities in the U.S., would drive the oilfield services market in North America.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the oilfield services market.

Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes (US), Weatherford (US), Superior Energy Services (US), and GE Oil & Gas (UK). The leading players are adopting various strategies to increase their share in the oilfield services market. They are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share. Contracts & agreements has been a widely adopted strategy by the major players in the oilfield services market.

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Datam Intelligence

Diesel Exhaust Fluid Market in india,size,2026

Title:  Diesel Exhaust Fluid Market – Size, Share and Forecast (2019-2026)

Ticker: In July, 2019, ENOC Group has launched ‘ENOCBlue’ diesel exhaust fluid. The product, mandated by ESMA and regulated by Euro 4 and above, is one of the highest international standards for exhaust emissions.

 Diesel Exhaust Fluid Market Overview

Diesel Exhaust Fluid (DEF) is a consumable in selective catalytic reduction (SCR) that lowers NOx concentration in the diesel exhaust emissions from diesel engines. It is a precisely joint solution of 67.5% de-ionized water and 32.5% high purity chemical grade urea. SCR is the leading technology being used to meet 2010 emission regulations that uses a urea based DEF and a catalytic converter to significantly reduce nitrogen oxides (NOx) emissions.

Many countries across the world, especially those who use diesel vehicles heavily, have begun to adopt Euro 6 standards since September 2015 and all mass-produced vehicles are required to comply with these standards. SCR technology has been installed in all diesel vehicles by default to meet Euro 6 emission legislation which necessitates the use of diesel exhaust fluids such as ENOCBlue.

 Diesel Exhaust Fluid Market Dynamics

Stringent emission regulations, rise in the usage of SCR technology and increasing vehicles on the road worldwide are the major drivers for the growth of the market ly.In terms of emission limits and regulations, particularly U.S. and Europe are considered strictest in the world. For instance, most of the countries in Europe, the NOx emission level was set at 5.0 g/kWh as per Euro III norm, and later reduced to between 90 to 94% to reach 0.4 g/kWh under Euro VI norms.

Increasing in the sales of battery electric vehicles is the major restraint hampering the market growth worldwide. Electric vehicles run with purely electric power and the requirement for diesel exhaust fluid is completely discarded.

 Diesel Exhaust Fluid Market Segment Analysis

By vehicle type, the diesel exhaust fluid market is classified into passenger vehicle, commercial vehicle and Others. Commercial vehicle is further divided into light and medium commercial vehicle and heavy duty commercial vehicle.

The passenger vehicle segment has been releasing higher NOx emissions when paralleled with commercial vehicle segments like HCV and LCV. But still, the NOx emissions for passenger vehicles have been declined to a low level due to the stringent emission standards across the globe. On the other hand, more than 90% of heavy commercial vehicles are fortified with SCR before they enter into market.

Aftersales is expected to grow with a high CAGR in the forecast period. Replacement cycle of DEF and increasing average lifespan of vehicle are the key factors impacting the aftermarket segment. For instance, An SUV requires 0.4 gallons of DEF per 620 miles and a medium passenger vehicle requires 0.26 gallons of DEF per 620 miles.

Diesel Exhaust Fluid Market Geographical Analysis

For instance, the majority of all diesel truck and tractor manufacturers are using SCR to meet the latest emission standards. DEF is already available at more than 550 Ryder service locations in the United States. Furthermore, the rice in the use of selective catalytic reduction technology is expected to drive the market in the forecast period. U.S. occupies major share for the production of urea. The increase in the production of urea in the U.S. is expected to drive the diesel exhaust fluid market in the future.

Most of the economies in Europe region follow strict regulations. For instance, The Euro 6 standard was introduced in 2015, and all mass-produced cars sold from this date need to meet these emissions requirements and this is to be followed in all the European countries for mandate. Adding to this, SCR technology has been installed in all diesel vehicles by default to meet Euro 6 emission legislation which necessitates the use of diesel exhaust fluids such as ENOCBlue.

 Diesel Exhaust Fluid Market Competitive Analysis:

The Diesel Exhaust Fluid market is a moderately competitive with new players entering the market.  Some of the major players include

  • Brenntag AG,
  • TOTAL S.A,
  •  Yara International,
  •  Nissan Chemical Industries,
  • Shaw Development LLC,
  • Mitsui Chemicals, Inc.
  •  Blue Sky Diesel Exhaust Fluid,
  • GreenChem Holding B.V,
  •  The McPherson Companies
  • BASF SE.

Companies are launching new products to sustain in the market by implementing advanced technologies. For instacne, In July, 2019, ENOC Group has launched ‘ENOCBlue’ diesel exhaust fluid. The product, mandated by ESMA and regulated by Euro 4 and above, is one of the highest international standards for exhaust emissions

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  • Visualize the composition of the Diesel Exhaust Fluid in terms of various types of storage solutions, end users and their vehicle types highlighting the key commercial assets and players.
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  • Excel data sheet with thousands of data points of Diesel Exhaust Fluid market – level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players.

Target Audience

  • Service Providers/ Buyers
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  • Research Professionals
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  • Manufacturers

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DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

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Tel: +1 877 441 4866

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China Oil Refining Market | Petroleum products production and demand Analysis: 2019

Market Reports on China Provides the Trending Market Research Report on “Oil Refining Industry in China 2019” under Oil & Gas Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Downstream energy sector report, “Oil Refining Industry in China” is a complete source of information on China crude oil refining industry. It provides refinery level information relating to existing and planned (new build) refineries such as insights and forecasts of refinery capacities, refined petroleum products production and consumption, refinery complexity factor and comparison against peer group countries in the respective region. The report also covers complete details of major players operating in the refining sector in China and in depth analysis of the latest industry news and deals.

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Scope

Outlook of Country Oil Refining Industry and refined petroleum products beyond 2018
Forecasts of refined products production and consumption along with major refining companies, and operators.
Historic and Forecasted Refining capacity and secondary units capacities beyond 2018
Key Opportunities and Restraints in country Refinery market
Benchmark with five peer group countries on Nelson Complexity Factor.
Market structure of Country Refining Industry, companies, capacities and market share.
Information on planned refineries such as planned capacity, equity structure, Operator Company, expected commissioning date and project cost.
Refined petroleum products production and demand beyond 2018.
Refinery level information such as refinery name, commissioned year, primary and secondary units installed capacities along with future capacity expansions, refinery complexity factor, ownership and operator details.
Company profiles of major refining companies including SWOT Analysis.
Latest mergers, acquisitions, contract announcements, and all related industry news and deals analysis.

Reasons to Purchase
Vital source to make your strategic business decisions with our in-depth analysis based on historical and forecasted data on refineries, countries and companies
Identify potential opportunities for capital investments in upcoming refineries, capacity expansions and asset investments.
Assess merits and demerits of investing in a particular country’s Refinery market against its peer group countries.
Strengthen your strategy formulation using the key information and data to maximize return on investments.
Identify potential investment opportunities present across the Refinery value chain in the entire world
Appraise upcoming refineries using our asset level information.
Essential and latest information to keep you ahead of competitors by understanding rival companies’ business strategies.
Make your vital financial decisions using latest news and deals information.


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Market Reports on China is thus the one-stop solution for the entire market research requirements with regards to China.
We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional databanks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in the Chinese market.

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Epoxidized Soybean Oil Market Size, By Raw Material, 2014–2026 (USD Million)

Epoxidized Soybean Oil (ESBO) Market is projected to be valued at USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. The growing demand in the Asia-Pacific, South American, and Middle-Eastern & African regions, coupled with the growing demand for PVC stabilization and UV care applications is expected to drive the ESBO market.

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This growth is fueled by the expected high demand from the application segment due to the easy availability of epoxidized soybean oil in large volumes and at lower prices. Further, the global demand for epoxidized soybean oil in the North American, Asia-Pacific, and European regions is growing due to stringent environmental regulations. Epoxidized soybean oil is preferred as against phthalate-free stabilizers in PVC applications, and hence ESBO is used widely as an additive in plasticizers.

Soybean oil: The most-widely used raw material for the production of epoxidized soybean oil

Soybean oil is projected to be the leading raw material in the production of epoxidized soybean oil from 2016 to 2026. Soybean seeds are crushed in order to obtain soybean oil for use in manufacturing epoxidized soybean oil. It is extensively used in edible applications such as in the manufacture of food products.

Out of the numerous inedible applications, it is also used as an additive and as a stabilizer in plasticizers. The plasticizers become more reactive on the addition of ESBO due to the carbon-carbon double bonds that undergo the epoxidation process present in vegetable oil. Soybean oil is an eco-friendly alternative and is easily available in large amounts, is preferred by oleochemical producers.

For the production of ESBO, soybean oil is used as the basic raw material. As compared to other bio-based oils, soybean oil is preferred by oleo chemicals producers due to its low cost and easy availability. The use of ESBO helps application industries to reduce production costs and to maximize profitability margins.

North America: The largest market for epoxidized soybean oil

The North American region is the largest market in the global epoxidized soybean oil market, in terms of value, and this trend is expected to continue till 2026. Countries in this region such as U.S, Canada and Mexico are achieving symbolic increase in the use of epoxidized soybean oil in the plasticizer application industry. This growth is due to the easy availability of raw materials in large quantities and at lower costs, which is driving the demand for epoxidized soybean oil in this region. U.S is the largest market for epoxidized soybean oil and is projected to continue this trend till 2026. The epoxidized soybean oil market has various global players competing for significant market shares. These companies are actively investing in various strategies such as, new product developments, acquisitions, and joint ventures & partnerships globally to further strengthen their market shares. Major manufacturers such as, The DOW Chemical Company (U.S), Galata Chemicals LLC (U.S), CHS Inc. (U.S), Ferro Corporation (U.S), and others have adopted various organic and inorganic developmental strategies in the North American region.

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