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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.

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DyStar

DyStar Group is a solution provider, offering customers across the globe a complete range of colorants, auxiliaries, and services. The DyStar Group has offices, competence centers, agencies, and production plants in over 50 countries to ensure the availability of expertise in all important markets.

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Chemical Technology

Reimagining the Workforce with Anglo American

Article | July 20, 2022

“At Anglo-American, we’re really focused on finding the best ways to attract the most talented people in the industry and effectively equipping our existing workforce based on what they need today and what the future will mean for their careers. We’re also committed to providing learning opportunities that lead to growth and development in the communities in which we operate. Our people are a strategic advantage. We want to ensure that continues to be the case as the mining industry evolves and faces more disruption.

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Chemical Technology

Global polyethylene demand boom likely, increasing the sustainability challenge

Article | July 14, 2022

IT FEELS LIKE several lifetimes ago. If you recall, way back in November-December 2019 Asian variable cost integrated naphtha-based polyethylene (PE) margins turned negative because of the increase in US capacity. Then in January the following year, deep Asian and Middle East operating rate cuts returned some order to the market. Then, bang, as we all know, the pandemic arrived and turned everything on its head. The pandemic has, in my view, accentuated trends that were already well underway. I believe this means that the supply-driven downturn that started in late 2019 will not return.Long before coronavirus upended everyone’s lives, PE demand was becoming increasingly divorced from GDP growth because of the shifting nature of end-use demand. Booming internet sales was, I believe, a major factor behind the split between the growth of the overall economies in the developed world plus China and PE demand.The average product bought online is dropped 17 times because of the large number of people involved in the logistics chain, according to Forbes. This had led to a surge in demand for protective packaging made not from PE and other polymers such as polypropylene, expandable polystyrene and PET films (I will look at their demand growth prospects in later posts).Despite sustainability pressures, the scale of demand for stuff bought online translated to a lot more consumption of virgin polymers.

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Chemical Management

IoT in Chemical market trends you Can’t miss in 2020: Here’s What Will Happen in the near future?

Article | July 13, 2021

Global IoT in Chemical market research report provides the newest industry data and industry future trends. It allows you to identify the products and end users driving Revenue growth and profitability. The IoT in Chemical industry report lists the leading competitors and provides the game-changing strategic analysis of the key factors driving the market. The report includes the forecasts by 2020-2028, analysis by 2014-2019, and discussion of important industry trends, market size, market share predictions and profiles of the top IoT in Chemical industry players.

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Chemical Technology

We can solve the plastic waste crisis but we don’t have much time

Article | May 27, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

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Chemical Technology

Ways Your Chemical Company Can Benefit From Digitization

Article | July 20, 2022

“At Anglo-American, we’re really focused on finding the best ways to attract the most talented people in the industry and effectively equipping our existing workforce based on what they need today and what the future will mean for their careers. We’re also committed to providing learning opportunities that lead to growth and development in the communities in which we operate. Our people are a strategic advantage. We want to ensure that continues to be the case as the mining industry evolves and faces more disruption.

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Chemical Technology

Future-Proofing the Chemical Industry with Digitalization

Article | July 14, 2022

IT FEELS LIKE several lifetimes ago. If you recall, way back in November-December 2019 Asian variable cost integrated naphtha-based polyethylene (PE) margins turned negative because of the increase in US capacity. Then in January the following year, deep Asian and Middle East operating rate cuts returned some order to the market. Then, bang, as we all know, the pandemic arrived and turned everything on its head. The pandemic has, in my view, accentuated trends that were already well underway. I believe this means that the supply-driven downturn that started in late 2019 will not return.Long before coronavirus upended everyone’s lives, PE demand was becoming increasingly divorced from GDP growth because of the shifting nature of end-use demand. Booming internet sales was, I believe, a major factor behind the split between the growth of the overall economies in the developed world plus China and PE demand.The average product bought online is dropped 17 times because of the large number of people involved in the logistics chain, according to Forbes. This had led to a surge in demand for protective packaging made not from PE and other polymers such as polypropylene, expandable polystyrene and PET films (I will look at their demand growth prospects in later posts).Despite sustainability pressures, the scale of demand for stuff bought online translated to a lot more consumption of virgin polymers.

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Chemical Management

Southeast polyolefins demand growth could be negative again in 2021

Article | July 13, 2021

Global IoT in Chemical market research report provides the newest industry data and industry future trends. It allows you to identify the products and end users driving Revenue growth and profitability. The IoT in Chemical industry report lists the leading competitors and provides the game-changing strategic analysis of the key factors driving the market. The report includes the forecasts by 2020-2028, analysis by 2014-2019, and discussion of important industry trends, market size, market share predictions and profiles of the top IoT in Chemical industry players.

Read More
Chemical Technology

We can solve the plastic waste crisis but we don’t have much time

Article | May 27, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

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Spotlight

DyStar

DyStar Group is a solution provider, offering customers across the globe a complete range of colorants, auxiliaries, and services. The DyStar Group has offices, competence centers, agencies, and production plants in over 50 countries to ensure the availability of expertise in all important markets.

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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