Market Trends

Oilfield Surfactants Market Overview: The global market for Oilfield Surfactants was estimated at $798.37 million in 2016 and is predicted to witness robust and accelerated growth in the coming years, especially in the oil producing countries such the US, China and members of the OPEC. Demand for oilfield surfactants has grown since the need for chemicals in sustainable oil exploration, extraction and production has skyrocketed as witnessed in the rigorous EOR (Enhanced Oil Recovery) activities. Furthermore, there has been a growing interest in the bio-based oil surfactants, although being a niche market, for its environment friendly effects that can counter-act the wide environmental concerns about the oil and gas industries. Oilfield Surfactants Market Outlook: Oilfield surfactants are chemicals that effectively lower the surface tension between a fluid and a solid or between various fluids. Oilfield surfactants have various physical and chemical properties that can be exploited in