Global Oilfield Chemicals Market 2019: Opportunities, Growth Rate, and Development Strategies

The Global Oilfield Chemicals Market research report is a well thought out examination of global Oilfield Chemicals industry which revolves around numerous vital market angles such as contemporary trends, market driving factors, growth-boosting factors, dynamics, and driving forces that help the market to exhibit better performance. Industry environment, market segmentation, rivalry scenario, precise market trend forecast, market scanning, monitoring, and positioning are also underscored in the report. The Oilfield Chemicals market has the potential to influence the global market and international economic structure consequently.

Spotlight

Bleko Chemicals

Bleko Chemie has developed, produced and supplied chemical liquids since 1934. With a small team we make great efforts; our strength lies in our high quality, innovative products and flexible, reliable service. We offer a wide range of chemical products, both for our own brands as for private label.

OTHER ARTICLES
Chemical Technology

Organic Catalyst Boasts Big Benefits

Article | July 20, 2022

An enzyme-mimicking catalyst opens a new route to important organic molecules such as glycolic acid and amino acids from pyruvate, report researchers in Japan. Moreover, the new catalyst is cheaper, more stable, safer and more environmentally friendly than conventional metal catalysts used in industry, they note, adding that it also displays the high enantioselectivity required by the pharmaceutical industry. “On top of these advantages, our newly developed organic catalyst system also promotes reactions using pyruvate that aren’t easily achievable using metal catalysts,” says Santanu Mondal, a PhD candidate in the chemistry and chemical bioengineering unit at Okinawa Institute of Science and Technology (OIST) Graduate University, Okinawa, Japan, and lead author of a study recently published in Organic Letters. “Organic catalysts, in particular, are set to revolutionize the industry and make chemistry more sustainable,” he stresses. The researchers use an acid and an amine mixture to force the pyruvate to act as an electron donor rather than its usual role as an electron receiver (Figure 1). Effectively mimicking how enzymes work, the amine binds to the pyruvate to make an intermediate molecule. The organic acid then covers up part of the intermediate molecule while leaving another part that can donate electrons free to react to form a new product. Currently, the organic catalyst system only works when reacting pyruvate with a specific class of organic molecule called cyclic imines. So, the researchers now are looking to develop a more-universal catalyst, i.e., one that can speed up reactions between pyruvate and a broad range of organic molecules. The challenge here is to try to make the electron-donating intermediate stage of pyruvate react with other functional groups such as aldehydes and ketones. However, different catalysts create different intermediates, all with different properties. For example, the enamine intermediate created by the researchers’ new reaction only reacts with cyclic imines. Their hypothesis, currently being investigated, is that creation of other intermediates such as an enolate, if possible, would achieve a broader pyruvate reactivity. In terms of cost, the researchers note that a palladium catalyst used in similar reactions is 25 times more expensive than their organic acid — which also is made from eco-friendly quinine. In addition, they believe scale-up of the process for industrial use definitely is possible. However, the researchers caution that the current amine-to-acid-catalyst loading ratio of 1:2 probably would need to be optimized for better results at a larger scale.

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Chemical Management

We need a global agreement that sets targets for reducing plastic waste

Article | July 22, 2021

What follows is an entirely personal take on the challenge of plastic waste and does not represent the views of ICIS or any other expert opinion I have sought out. The views are put forward in the spirit of debate as we move forward, as an industry, to solve the crisis of plastic waste.

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Chemical Management

THE BENEFITS OF CHEMICAL FOAMERS, AND HOW BEST TO USE THEM TO MAXIMISE PRODUCTION

Article | July 8, 2022

Downhole fluid build-up coupled with a drop in reservoir pressure can lead to the rapid decline of gas production rates, and can ultimately result in a well ceasing production. While there are many ways to deliquify a well to maximise production, chemical foamers can be incredibly effective and well worth considering. In this blog post, Kevin Lonie shares some of the benefits of using chemical foamers, and provides insights and advice around how best to use them… “Foamers are a much cheaper option than alternative solutions, such as mechanical lifts, and there is very little risk associated with their usage. If a foamer doesn’t work, it won’t make the well worse - so often we see clients giving them a go before opting for more expensive methods, in the hope that they produce the desired results. And we have seen their success over and over again.”

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Chemical Management

Southeast polyolefins demand growth could be negative again in 2021

Article | July 13, 2021

BEFORE the pandemic, GDP growth rates in the developing world were always higher than in developed economies.And because developing economies had much lower levels of petrochemicals consumption than their rich counterparts, it meant that the multiples over GDP were higher than in the rich word, where consumption was pretty much saturated. For instance, polyethylene (PE) demand in a developed country such as Germany might have grown at 0.3% times GDP whereas in Indonesia the growth could have been one or more times higher than the rate of growth in GDP.But as The Economist wrote in this 11 July article: “In 2021 the poorest countries, which are desperately short of vaccines, are forecast to grow more slowly than rich countries for only the third time in 25 years.” Might the multiples over GDP growth also be adversely affected in the developing world, trending lower than the historic norms? They will almost certainly remain higher than the rich countries. But here is the thing: as millions more people are pushed back into extreme poverty by the pandemic or are denied the opportunity to achieve middle-income status, I believe that developing-world multiples may well decline.Escaping extreme poverty means being able to, say, afford a whole bottle of shampoo for the first time rather than a single-serve sachet, thereby raising per capita polymers consumption.

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Spotlight

Bleko Chemicals

Bleko Chemie has developed, produced and supplied chemical liquids since 1934. With a small team we make great efforts; our strength lies in our high quality, innovative products and flexible, reliable service. We offer a wide range of chemical products, both for our own brands as for private label.

Related News

Oil giants' chemical lifeline threatened by plastic-trash crisis

Engineering News | June 06, 2019

As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic. The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco sink billions into plastic and chemicals assets. Royal Dutch Shell, BP, Total and Exxon Mobil are all ramping up investments in the sector. Renewed emphasis on recycling and the spread of local bans on some kinds of plastic products could cut petrochemical demand growth to one-third of its historical pace, to about 1.5% a year, said Paul Bjacek, a principal director at consulting firm Accenture.

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Nanoscale Chemicals Market Historical Development and Analysis for Huge Growth by 2025 with Evolved Players

Thetactical Marketing | June 06, 2019

Global Nanoscale Chemicals Market research report covers the analysis about business overview, market size, share, trends, gross margin, opportunities, challenges and risks factors concerning the market up to 2025. This research report categorizes the Nanoscale Chemicals industry analysis data by top players, key region, product type, and application for Chemicals and Materials industry. The report also analyzes the growth rate, future trends, sales channels, distributors with market historical development and Analysis for Huge Growth by 2025. Global Nanoscale Chemicals market research report offers high-quality insights and in-depth information of Nanoscale Chemicals Industry.

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Storage Tank Explosion Rocks Arkansas Chemical Facility

Powder & Bulk Solids | June 03, 2019

A 6000-gal storage tank exploded at the Org Chem Group chemical processing plant in Hot Springs, AR in the early hours of Friday morning, the Hot Springs Sentinel-Record reported. The blast at the Blacksnake Road site was reported at about 2 a.m., drawing a response from area firefighters and a HAZMAT team, Bo Robertson, the director of Garland County Department of Emergency Management, told the newspaper. A lawyer for the chemical company said in the Sentinel-Record’s coverage that the storage tank was holding about 3000 gal of a liquid composed of 80% water and 20% sodium hydroxide when the explosion occurred. No chemicals were released into the air or the area surrounding the plant and no injuries were logged. The newspaper said operations at the Org Chem Group facility were uninterrupted.

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Oil giants' chemical lifeline threatened by plastic-trash crisis

Engineering News | June 06, 2019

As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic. The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco sink billions into plastic and chemicals assets. Royal Dutch Shell, BP, Total and Exxon Mobil are all ramping up investments in the sector. Renewed emphasis on recycling and the spread of local bans on some kinds of plastic products could cut petrochemical demand growth to one-third of its historical pace, to about 1.5% a year, said Paul Bjacek, a principal director at consulting firm Accenture.

Read More

Nanoscale Chemicals Market Historical Development and Analysis for Huge Growth by 2025 with Evolved Players

Thetactical Marketing | June 06, 2019

Global Nanoscale Chemicals Market research report covers the analysis about business overview, market size, share, trends, gross margin, opportunities, challenges and risks factors concerning the market up to 2025. This research report categorizes the Nanoscale Chemicals industry analysis data by top players, key region, product type, and application for Chemicals and Materials industry. The report also analyzes the growth rate, future trends, sales channels, distributors with market historical development and Analysis for Huge Growth by 2025. Global Nanoscale Chemicals market research report offers high-quality insights and in-depth information of Nanoscale Chemicals Industry.

Read More

Storage Tank Explosion Rocks Arkansas Chemical Facility

Powder & Bulk Solids | June 03, 2019

A 6000-gal storage tank exploded at the Org Chem Group chemical processing plant in Hot Springs, AR in the early hours of Friday morning, the Hot Springs Sentinel-Record reported. The blast at the Blacksnake Road site was reported at about 2 a.m., drawing a response from area firefighters and a HAZMAT team, Bo Robertson, the director of Garland County Department of Emergency Management, told the newspaper. A lawyer for the chemical company said in the Sentinel-Record’s coverage that the storage tank was holding about 3000 gal of a liquid composed of 80% water and 20% sodium hydroxide when the explosion occurred. No chemicals were released into the air or the area surrounding the plant and no injuries were logged. The newspaper said operations at the Org Chem Group facility were uninterrupted.

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