Oilfield Surfactants Market Trend (2015-2020) - IndustryARC

IndustryARC

Global Oilfield Surfactant Market Analysis and Forecast (2014 2020)

TABLE OF CONTENTS

LIST OF TABLES .............................................................................................................. 9

LIST OF FIGURES ......................................................................................................... 17

1 OILFIELD SURFACTANT - MARKET OVERVIEW ......................................... 19

2 EXECUTIVE SUMMARY ....................................................................................... 21

3 OILFIELD SURFACTANT - MARKET LANDSCAPE ...................................... 253.1 MARKET SHARE ANALYSIS ........................................................ 25 3.2 COMPARATIVE ANALYSIS ......................................................... 26

3.2.1 PATENT ANALYSIS ......................................................... 26 3.2.2 PRODUCT BENCHMARKING ............................................. 29 3.2.3 TOP 5 FINANCIALS ANALYSIS ........................................ 30

4 OILFIELD SURFACTANT MARKET FORCES .............................................. 324.1 DIVERS ..................................................................................... 32

4.1.1 BOOMING CRUDE OIL PRODUCTION TO DRIVE DEMAND FOR OIL SURFACTANTS ................................... 32

4.1.2 INCREASING DEMAND IN DEVELOPING REGIONS PROVIDE IMPETUS TO MARKET GROWTH ....................... 32

4.1.3 GROWING INTEREST IN BIO BASED OIL SURFACTANTS TO PROPEL MARKET GROWTH ................. 32

4.2 CONSTRAINTS .......................................................................... 33 4.2.1 DECREASING OIL PRICES MIGHT DERAIL

PRODUCTION VOLUMES ................................................. 33 4.3 CHALLENGES ............................................................................. 33

4.3.1 ENVIRONMENTAL CONCERNS RESTRAIN MARKET GROWTH ........................................................................ 33

4.4 ATTRACTIVENESS OF THE INDUSTRY ....................................... 33 4.4.1 POWER OF SUPPLIERS ................................................... 34 4.4.2 POWER OF BUYERS ........................................................ 34 4.4.3 THREAT OF NEW ENTRANTS ........................................... 34 4.4.4 THREAT OF SUBSTITUTES .............................................. 35

4.4.5 DEGREE OF COMPETITION ............................................. 35

5 OILFIELD SURFACTANT MARKET STRATEGIC ANALYSIS .................. 365.1 VALUE CHAIN ANALYSIS ........................................................... 36 5.2 OPPORTUNITY ANALYSIS ......................................................... 37

5.2.1 HUGE MARKET POTENTIAL TO BE TAPPED IN APAC AND AFRICA REGION ..................................................... 37

5.3 SURFACTANT PRICE ANALYSIS ................................................. 38 5.4 INDUSTRY LIFE CYCLE ANALYSIS ............................................. 38

6 OILFIELD SURFACTANTS MARKET APPLICATIONS............................... 406.1 INCREASE OF CO2 OIL RECOVERY TECHNOLOGY TO FUEL

MARKET FOR SURFACTANTS ..................................................... 40 6.2 GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY

APPLICATION ........................................................................... 41 6.2.1 EMULSIFIERS AND DEMULSIFIERS ................................. 43 6.2.2 LUBRICANTS .................................................................. 44 6.2.3 DISPERSANTS ................................................................ 45 6.2.4 CORROSION INHIBITORS .............................................. 45 6.2.5 FOAM CONTROL AGENTS ................................................ 46 6.2.6 WETTING AND SUSPENDING AGENTS ............................. 47 6.2.7 BIOCIDES ...................................................................... 47 6.2.8 ACRYLIC ........................................................................ 48

6.3 GLOBAL OILFIELD SURFACTANTS PRODUCT MARKET BY APPLICATION ........................................................................... 49 6.3.1 ANIONIC ........................................................................ 49 6.3.2 NON-IONIC .................................................................... 51 6.3.3 CATIONIC ...................................................................... 54 6.3.4 AMPHOTERIC ................................................................. 57 6.3.5 OTHER ........................................................................... 60

6.4 GLOBAL OILFIELD SURFACTANTS APPLICATION MARKET BY REGION ............................................................................... 62 6.4.1 NORTH AMERICA ............................................................ 62 6.4.2 SOUTH AMERICA ............................................................ 64 6.4.3 EUROPE ......................................................................... 66 6.4.4 APAC .............................................................................. 68 6.4.5 MIDDLE EAST ................................................................. 69

7 GLOBAL OILFIELD SURFACTANT MARKET- SEGMENTATION-BY

TYPE ......................................................................................................................... 727.1 INTRODUCTION ........................................................................ 72

7.1.1 AMPHOTERIC SURFACTANTS TO GROW HIGHEST ........... 73 7.1.2 SURGE IN OIL PRODUCTION THROUGH ADVANCED

TECHNOLOGIES SET TO ESCALATE DEMAND FOR SURFACTANTS IN U.S ..................................................... 74

7.1.3 INCREASING AIR POLLUITION IN EUROPE TO DRIVE ADOPTION OF ENVIROMENTAL FRIENDLY METHODS ...... 77

7.2 ANIONIC SURFACTANTS ........................................................... 81 7.3 NON-IONIC SURFACTANT ......................................................... 88 7.4 CATIONIC SURFACTANT............................................................ 95 7.5 AMPHOTERIC SURFACTANTS .................................................. 102 7.6 OTHERS .................................................................................. 110

8 OILFIELD SURFACTANT MARKET SEGMENTATION BY

SUBSTRATE ..........................................................................................................1128.1 SYNTHETIC/PETROCHEMICAL ................................................ 112 8.2 BIO-BASED/OLEOCHEMICAL ................................................... 112

8.2.1 CHEMICALLY SYNTHESIZED BIO-BASED SURFACTANTS .............................................................. 112

8.2.2 BIOSURFACTANTS ........................................................ 112 8.2.2.1 Classification of surfatants based on molecular

weight ................................................................... 113 8.2.2.1.1 Low molecular mass biosurfactants ................... 113 8.2.2.1.2 High molecular mass biosurfactants .................. 114 8.2.2.1.3 Glycolipids .................................................... 114 8.2.2.1.4 Fatty acids, phospholipids, Neutral Lipids ........... 114 8.2.2.1.5 Polymeric Biosurfactants ................................. 114

9 GLOBAL OILFIELD SURFACTANT MARKET -GEOGRAPHIC

ANALYSIS ..............................................................................................................1219.1 NORTH AMERICA .................................................................... 122

9.1.1 CANADA ....................................................................... 124 9.1.2 MEXICO ....................................................................... 126 9.1.3 U.S. .............................................................................. 128

9.2 SOUTH AMERICA ..................................................................... 130 9.2.1 ARGENTINA ................................................................. 131 9.2.2 BRAZIL ........................................................................ 133 9.2.3 VENEZUELA .................................................................. 136 9.2.4 OTHERS ....................................................................... 137

9.3 EUROPE .................................................................................. 138 9.3.1 GERMANY ..................................................................... 139 9.3.2 FRANCE ........................................................................ 141 9.3.3 ITALY ........................................................................... 142 9.3.4 RUSSIA ........................................................................ 143 9.3.5 U.K............................................................................... 144 9.3.6 OTHERS ....................................................................... 145

9.4 APAC ....................................................................................... 147 9.4.1 CHINA .......................................................................... 148 9.4.2 SOUTH KOREA .............................................................. 150 9.4.3 JAPAN .......................................................................... 151 9.4.4 INDIA .......................................................................... 152 9.4.5 OTHERS ....................................................................... 154

9.5 MIDDLE EAST & AFRICA .......................................................... 155 9.5.1 SAUDI ARABIA ............................................................. 156 9.5.2 U.A.E. ........................................................................... 157 9.5.3 AFRICA ........................................................................ 158 9.5.4 OTHERS ....................................................................... 160

10 COMPANY PROFILES .........................................................................................16310.1 AKZO NOBEL N.V..................................................................... 163

10.1.1 BUSINESS OVERVIEW .................................................. 163 10.1.2 FINANCIALS................................................................. 163 10.1.3 PRODUCTS ................................................................... 164 10.1.4 STRATEGY .................................................................... 165 10.1.5 DEVELOPMENTS ........................................................... 165

10.2 AGAE TECHNOLOGIES, LLC ..................................................... 166 10.2.1 BUSINESS OVERVIEW .................................................. 166 10.2.2 PRODUCTS ................................................................... 166

10.3 BASF SE .................................................................................. 167 10.3.1 BUSINESS OVERVIEW .................................................. 167

10.3.2 FINANCIALS................................................................. 167 10.3.3 PRODUCTS ................................................................... 168

10.4 CLARIANT AG .......................................................................... 169 10.4.1 BUSINESS OVERVIEW .................................................. 169 10.4.2 FINANCIALS................................................................. 169 10.4.3 PRODUCTS ................................................................... 170 10.4.4 DEVELOPMENT ............................................................. 170

10.5 HUNTSMAN CORPORATION ..................................................... 171 10.5.1 BUSINESS OVERVIEW .................................................. 171 10.5.2 FINANCIALS................................................................. 171 10.5.3 PRODUCTS ................................................................... 173 10.5.4 DEVELOPMENT ............................................................. 174

10.6 KAO CORPORATION ................................................................ 175 10.6.1 BUSINESS OVERVIEW .................................................. 175 10.6.2 FINANCIALS................................................................. 175 10.6.3 PRODUCTS ................................................................... 176 10.6.4 DEVELOPMENTS ........................................................... 177

10.7 RHODIA S.A. ........................................................................... 178 10.7.1 BUSINESS OVERVIEW .................................................. 178 10.7.2 PRODUCTS: .................................................................. 178 10.7.3 DEVELOPMENTS ........................................................... 179

10.8 DOW CHEMICAL COMPANY ..................................................... 180 10.8.1 BUSINESS OVERVIEW .................................................. 180 10.8.2 FINANCIALS................................................................. 180 10.8.3 PRODUCTS ................................................................... 181

10.9 P&G CHEMICALS ..................................................................... 182 10.9.1 BUSINESS OVERVIEW .................................................. 182 10.9.2 PRODUCTS ................................................................... 182

10.10 STEPAN COMPANY .................................................................. 183 10.10.1 BUSINESS OVERVIEW .................................................. 183 10.10.2 PRODUCTS ................................................................... 183 10.10.3 FINANCIALS................................................................. 184 10.10.4 STRATEGY .................................................................... 185 10.10.5 DEVELOPMENTS ........................................................... 185

10.11 OXITENO S.A INDUSTRIA E COMERCIO................................... 186 10.11.1 OVERVIEW ................................................................... 186

10.11.2 PRODUCTS ................................................................... 186 10.12 E. I. DU PONT DE NEMOURS AND COMPANY ........................... 187

10.12.1 BUSINESS OVERVIEW .................................................. 187 10.12.2 PRODUCTS ................................................................... 187 10.12.3 FINANCIALS................................................................. 187 10.12.4 DEVELOPMENTS ........................................................... 189

10.13 SILTECH CORPORATION ......................................................... 190 10.13.1 BUSINESS OVERVIEW .................................................. 190

10.14 PRODUCTS .............................................................................. 190 10.15 HENKEL AG AND CO. KGAA ..................................................... 191

10.15.1 BUSINESS OVERVIEW .................................................. 191 10.15.2 PRODUCTS ................................................................... 191 10.15.3 FINANCIALS................................................................. 191 10.15.4 DEVELOPMENTS ........................................................... 192

10.16 PILOT CHEMICAL COMPANY .................................................... 193 10.16.1 BUSINESS OVERVIEW .................................................. 193 10.16.2 PRODUCTS ................................................................... 193 10.16.3 DEVELOPMENTS ........................................................... 194

10.17 WEATHERFORD INTERNATIONAL PLC ..................................... 195 10.17.1 BUSINESS OVERVIEW .................................................. 195 10.17.2 PRODUCTS ................................................................... 195 10.17.3 FINANCIALS................................................................. 196 10.17.4 DEVELOPMENTS ........................................................... 197

10.18 CYTEC INDUSTRIES INC. ........................................................ 198 10.18.1 BUSINESS OVERVIEW .................................................. 198 10.18.2 PRODUCTS ................................................................... 198 10.18.3 FINANCIALS................................................................. 199 10.18.4 DEVELOPMENTS ........................................................... 200

10.19 SICHEM LLC. ........................................................................... 201 10.19.1 BUSINESS OVERVIEW .................................................. 201 10.19.2 PRODUCTS ................................................................... 201

10.20 SHELL CHEMICALS .................................................................. 202 10.20.1 BUSINESS OVERVIEW .................................................. 202 10.20.2 PRODUCTS ................................................................... 202 10.20.3 DEVELOPMENTS ........................................................... 203

10.21 THE LUBRIZOL CORPORATION ................................................ 204

10.21.1 BUSINESS OVERVIEW .................................................. 204 10.21.2 PRODUCTS ................................................................... 204 10.21.3 DEVELOPMENTS ........................................................... 206

LIST OF TABLES UU

TABLE 1. PRODUCT BENCHMARKING FOR THE TOP FIVE COMPANIES IN OILFIELD SURFACTANTS MARKET, 2014 30

TABLE 2. GLOBAL OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M) 42

TABLE 3. GLOBAL OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS) 42

TABLE 4. EU REGULATION: LEGAL REQUIREMENT 47 TABLE 5. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET, BY APPLICATION,

2014-2020 ($M) 49 TABLE 6. GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET, BY APPLICATION,

2014-2020 ($M) 52 TABLE 7. GLOBAL OILFIELD CATIONIC SURFACTANT MARKET, BY APPLICATION,

2014-2020 ($M) 55 TABLE 8. GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET, BY

APPLICATION, 2014-2020 ($M) 58 TABLE 9. GLOBAL OILFIELD OTHERS SURFACTANT MARKET, BY APPLICATION,

2014-2020 ($M) 61 TABLE 10. GLOBAL OILFIELD OTHERS SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014-2020 (KILO TONS) 61 TABLE 11. GLOBAL NORTH AMERICAN OILFIELD SURFACTANT MARKET, BY

APPLICATION, 2014-2020 ($M) 63 TABLE 12. GLOBAL NORTH AMERICAN OILFIELD SURFACTANT MARKET VOLUME,

BY APPLICATION, 2014-2020 (KILO TONS) 63 TABLE 13. GLOBAL SOUTH AMERICAN OILFIELD SURFACTANT MARKET, BY

APPLICATION, 2014-2020 ($M) 64 TABLE 14. GLOBAL SOUTH AMERICAN OILFIELD SURFACTANT MARKET VOLUME,

BY APPLICATION, 2014-2020 (KILO TONS) 65 TABLE 15. GLOBAL EUROPEAN OILFIELD SURFACTANT MARKET, BY APPLICATION,

2014-2020 ($M) 66 TABLE 16. GLOBAL EUROPEAN OILFIELD SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014-2020 (KILO TONS) 67 TABLE 17. GLOBAL APAC OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-

2020 ($M) 68 TABLE 18. GLOBAL APAC OILFIELD SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014-2020 (KILO TONS) 69 TABLE 19. GLOBAL MIDDLE EAST AND AFRICA OILFIELD SURFACTANT MARKET, BY

APPLICATION, 2014-2020 ($M) 70 TABLE 20. GLOBAL MIDDLE EAST AND AFRICA OILFIELD SURFACTANT MARKET

VOLUME, BY APPLICATION, 2014-2020 (KILO TONS) 70 TABLE 21. GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-

2020 ($M) 73

TABLE 22. GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 73

TABLE 23. NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 75

TABLE 24. NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 75

TABLE 25. SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 76

TABLE 26. SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 76

TABLE 27. EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 77

TABLE 28. EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 78

TABLE 29. APAC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 79

TABLE 30. APAC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 79

TABLE 31. MIDDLE EAST AND AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 80

TABLE 32. MIDDLE EAST AND AFRICA MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 81

TABLE 33. GLOBAL ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 81

TABLE 34. GLOBAL ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 82

TABLE 35. NORTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 82

TABLE 36. NORTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 83

TABLE 37. SOUTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 84

TABLE 38. SOUTH AMERICA ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 84

TABLE 39. EUROPE ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 85

TABLE 40. EUROPE ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 85

TABLE 41. APAC ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 86

TABLE 42. APAC ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 86

TABLE 43. MIDDLE EAST ANIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 87

TABLE 44. MIDDLE EAST ANIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 87

TABLE 45. GLOBAL NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 88

TABLE 46. GLOBAL NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 89

TABLE 47. NORTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 89

TABLE 48. NORTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 90

TABLE 49. SOUTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 90

TABLE 50. SOUTH AMERICA NON-IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 91

TABLE 51. EUROPE NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 91

TABLE 52. EUROPE NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 92

TABLE 53. APAC NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 93

TABLE 54. APAC NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 93

TABLE 55. MIDDLE EAST NON IONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, 2014-2020 ($M) 94

TABLE 56. MIDDLE EAST NON IONIC OILFIELD SURFACTANTS MARKET VOLUME, BY TYPE, 2014-2020 (KILO TONS) 94

TABLE 57. GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 96

TABLE 58. GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 97

TABLE 59. NORTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 97

TABLE 60. NORTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 98

TABLE 61. SOUTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 98

TABLE 62. SOUTH AMERICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 99

TABLE 63. EUROPE CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 99

TABLE 64. EUROPE CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 100

TABLE 65. APAC CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 100

TABLE 66. APAC CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 101

TABLE 67. MIDDLE EAST & AFRICA CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 101

TABLE 68. MIDDLE EAST & AFRICA CATIONIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 102

TABLE 69. GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 104

TABLE 70. GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 104

TABLE 71. NORTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 105

TABLE 72. NORTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 105

TABLE 73. SOUTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 106

TABLE 74. SOUTH AMERICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 107

TABLE 75. EUROPE AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 107

TABLE 76. EUROPE AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 108

TABLE 77. APAC AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 108

TABLE 78. APAC AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 109

TABLE 79. MIDDLE EAST & AFRICA AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M) 109

TABLE 80. MIDDLE EAST & AFRICA AMPHOTERIC OILFIELD SURFACTANTS MARKET VOLUME, BY PRODUCT TYPE, 2014-2020 (KILO TONS) 110

TABLE 81. GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M) 114

TABLE 82. GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 115

TABLE 83. NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M) 115

TABLE 84. NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 116

TABLE 85. SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M) 116

TABLE 86. SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 117

TABLE 87. EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY SUBSTRATE, 2014-2020 ($M) 117

TABLE 88. EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 118

TABLE 89. APAC OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 ($M) 118

TABLE 90. APAC OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 119

TABLE 91. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 ($M) 119

TABLE 92. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY SUBSTRATE, 2014-2020 (KILO TONS) 120

TABLE 93. GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY REGION, 2014-2020 ($M) 121

TABLE 94. GLOBAL OILFIELD SURFACTANTS MARKET VOLUME, BY REGION, 2014-2020 (KILO TONS) 121

TABLE 95. NORTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 123

TABLE 96. NORTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 123

TABLE 97. CANADA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 124

TABLE 98. CANADA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 124

TABLE 99. MEXICO OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 127

TABLE 100. MEXICO OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 127

TABLE 101. U.S. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 128

TABLE 102. U.S. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 128

TABLE 103. U.S. PROVED RESERVES OF CRUDE OIL & LESS CONDENSATE-BY YEARS, 2010-2013 (IN MILLION BARRELS) 130

TABLE 104. SOUTH AMERICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 131

TABLE 105. SOUTH AMERICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 131

TABLE 106. ARGENTINA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 132

TABLE 107. ARGENTINA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 132

TABLE 108. BRAZIL OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 133

TABLE 109. BRAZIL OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 133

TABLE 110. VENEZUELA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 136

TABLE 111. VENEZUELA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 137

TABLE 112. OTHERS OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 137

TABLE 113. OTHERS OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 137

TABLE 114. EUROPE OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 138

TABLE 115. EUROPE OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 139

TABLE 116. GERMANY OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 140

TABLE 117. GERMANY OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 140

TABLE 118. FRANCE OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 141

TABLE 119. FRANCE OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 141

TABLE 120. ITALY OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 142

TABLE 121. ITALY OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 142

TABLE 122. RUSSIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 143

TABLE 123. RUSSIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 143

TABLE 124. U.K. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 145

TABLE 125. U.K. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 145



TABLE 128. APAC OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 147

TABLE 129. APAC OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 147

TABLE 130. CHINA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 149

TABLE 131. CHINA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 149

TABLE 132. SOUTH KOREA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 151

TABLE 133. SOUTH KOREA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 151

TABLE 134. JAPAN OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 152

TABLE 135. JAPAN OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 152

TABLE 136. INDIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 153

TABLE 137. INDIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 154



TABLE 140. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 155

TABLE 141. MIDDLE EAST & AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 156

TABLE 142. SAUDI ARABIA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 156

TABLE 143. SAUDI ARABIA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 157

TABLE 144. U.A.E. OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 158

TABLE 145. U.A.E. OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 158

TABLE 146. AFRICA OILFIELD SURFACTANTS MARKET REVENUE, BY COUNTRY, 2014-2020 ($M) 158

TABLE 147. AFRICA OILFIELD SURFACTANTS MARKET VOLUME, BY COUNTRY, 2014-2020 (KILO TONS) 159



TABLE 150. AKZONOBEL: REVENUE BY YEAR, 2011-2013 ($M) 163 TABLE 151. BASF: REVENUE BY YEAR, 2011-2013 ($BN) 167 TABLE 152. CLARIANT: SALES BY YEAR, 2011-2013 ($M) 169 TABLE 153. HUNTSMAN: TOTAL REVENUE BY YEAR, 2011-2013 ($BN) 171 TABLE 154. KAO CORPORATION: NET SALES BY YEAR, 2011-2013 ($BN) 175 TABLE 155. DOW: NET SALES BY YEAR, 2011 2013 ($M) 180 TABLE 156. STEPAN COMPANY: NET SALES, 2011-2013 ($M) 184

TABLE 157. STEPAN COMPANY: NET SALES, BY SEGMENT, 2011-2013 ($M) 184 TABLE 158. DUPONT: REVENUE BY YEAR, 2011-2013 ($BN) 188 TABLE 159. HENKEL: REVENUE BY YEAR, 2011-2013 ($BN) 191 TABLE 160. WEATHERFORD: REVENUE BY YEAR, 2011-2013 ($M) 196 TABLE 161. CYTEC: NET SALES BY YEAR, 2011-2013 ($M) 199

LIST OF FIGURES

FIGURE 1. GLOBAL OIL FIELD SURFACTANTS BY TYPE, 2014 22 FIGURE 2. OIL FIELD SURFACTANTS MARKET REVENUE, 2014-2020 ($MILLION) 23 FIGURE 3. GLOBAL OIL FIELD SURFACTANTS MARKET SHARES BY REGION, 2014-

2020 24 FIGURE 4. GLOBAL MARKET SHARE ANALYSIS FOR OIL FIELD SURFACTANTS BY

COMPANY, 2014 26 FIGURE 5. OIL FIELD SURFACTANT - PATENT ANALYSIS, BY YEAR, 2011-2014

(NUMBER OF PATENTS) 27 FIGURE 6. OILFIELD SURFACTANT - PATENT ANALYSIS, BY COMPANY, 2011-2014

(%) 28 FIGURE 7. VALUE CHAIN, OILFIELD SURFACTANTS MARKET 36 FIGURE 8. SURFACTANT PRICING ANALYSIS, BY TYPE, 2014-2020 ($) 38 FIGURE 9. FIGURE: INDUSTRY LIFE CYCLE 39 FIGURE 10. OILFIELD SURFACTANTS MARKET, BY APPLICATION 40 FIGURE 11. PRODUCTION OF OIL BY CO2 INJECTION, U.S, 2010-2020 (000 UNITS) 41 FIGURE 12. GLOBAL PRODUCTION OF OIL, 2010-2020 (MILLION BARRELS PER DAY) 44 FIGURE 13. NUMBER OF OIL SPILLS, 2008-2014 45 FIGURE 14. PIPELINE INCIDENTS, 2010-2013 46 FIGURE 15. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014 (KILO TONS) 50 FIGURE 16. FIGURE - GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME,

BY APPLICATION, 2020 (KILO TONS) 51 FIGURE 17. GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014 (KILO TONS) 53 FIGURE 18. GLOBAL OILFIELD NON-IONIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2020 (KILO TONS) 54 FIGURE 19. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014 (KILO TONS) 56 FIGURE 20. GLOBAL OILFIELD ANIONIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2020 (KILO TONS) 57 FIGURE 21. GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2014 (KILO TONS) 59 FIGURE 22. GLOBAL OILFIELD AMPHOTERIC SURFACTANT MARKET VOLUME, BY

APPLICATION, 2020 (KILO TONS) 60 FIGURE 23. GLOBAL OILFIELD SURFACTANTS MARKET CLASSIFICATION BY TYPE 72 FIGURE 24. U.S OIL PRODUCTION, BY REGION, 2014-2015 74 FIGURE 25. EMISSIONS INTO AIR, BY POLLUTANT, EUROPE, 2014 78

FIGURE 26. GLOBAL CATIONIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, BY REGION, 2014 ($M) 96

FIGURE 27. GLOBAL AMPHOTERIC OILFIELD SURFACTANTS MARKET REVENUE, BY TYPE, BY REGION, 2014 ($M) 103

FIGURE 28. GLOBAL OTHER OILFIELD SURFACTANTS MARKET REVENUE, BY REGION, 2014-2020 ($M) 110

FIGURE 29. TYPES OF BIOSURFACTANTS 113 FIGURE 30. ESTIMATED CANADA OIL PRODUCTION-BY YEARS, 2015-2030 (IN

MBPD) 125 FIGURE 31. ESTIMATED U.S. OIL PRODUCTION-BY YEARS, 20150-2030 (IN MBPD) 129 FIGURE 32. OIL EXPLORATION INVESTMENT SHARE IN BRAZIL, BY TYPES, 2013-

2017 (%) 135 FIGURE 33. PRODUCTION DEVELOPMENT INVESTMENT SHARE, BY TYPES, 2013-

2017 (%) 135 FIGURE 34. ESTIMATED CHINAS OIL PRODUCTION-BY YEARS, 2013-2015 (IN

MBPD) 150 FIGURE 35. ESTIMATED INDIAS OIL PRODUCTION-BY YEARS, 2014-2025 (IN

MBPD) 153 FIGURE 36. ESTIMATED AFRICAS OIL PRODUCTION-BY YEARS, 2014-2025 (IN

MBPD) 160 FIGURE 37. AKZONOBEL: REVENUE SHARE BY BUSINESS SEGMENT IN 2013 (%) 164 FIGURE 38. BASF: REVENUE SHARE BY CHEMICALS SEGMENT IN 2013 (%) 168 FIGURE 39. CLARIANT: SALES SHARE BY SEGMENT IN 2013 (%) 170 FIGURE 40. HUNTSMAN: REVENUE SHARE BY SEGMENT IN 2013 (%) 172 FIGURE 41. HUNTSMAN: REVENUE SHARE BY GEOGRAPHY IN 2013 (%) 173 FIGURE 42. KAO CORPORATION: SALES SHARE BY SEGMENT IN 2013 (%) 176 FIGURE 43. DOW: NET SALES SHARE BY OPERATION SEGMENT IN 2013 (%) 181 FIGURE 44. DUPONT: SALES BY SEGMENT, 2013 (%) 188 FIGURE 45. HENKEL: SALES BY GEOGRAPHY, 2013 (%) 192 FIGURE 46. WEATHERFORD: REVENUE SHARE BY REGION IN 2013 (%) 196 FIGURE 47. CYTEC: REVENUE SHARE BY GEOGRAPHY IN 2013 (%) 199 FIGURE 48. CYTEC: REVENUE SHARE BY BUSINESS SEGMENT IN 2013 (%) 200

1 OILFIELD SURFACTANT - MARKET OVERVIEW

Oilfield surfactants are the part of specialty oilfield chemicals that are used in drilling,

production and stimulation. Surfactants in oilfields act as detergents, corrosion inhibitors,

emulsifiers and so on. Surfactants are in wide ranges that can be classified as anionic, non-ionic,

cationic, amphoteric and others. The advent of enhanced oil recovery technologies has

facilitated increased use of surfactants. Surfactants that meet the environmental regulations

and performance norms witness high demand. The most popular surfactant is anionic due to its

properties and is of low cost compared to other surfactants. However, the types of surfactant

to be used is end user specific based on the end location to be used.

Anionic surfactants when dissociated in water produce amphiphilic anion and a cation. They are

primarily used as wetting agents, dispersants, emulsifiers, foaming agents and corrosion

inhibitors. The growing number of oil spills has resulted in increased use of dispersants in order

to separate the oil particles for cleaning. Non-ionic surfactants have no charge on the

hydrophilic head when dissociated in water and are the second largest segment in the oilfield

surfactants market, after anionic surfactants. These do not ionize in water due to a non-

dissociable hydrophilic head. Non-ionic surfactants are environmentally and biologically safe

due to low carcinogenic and mutagenic toxicity. Cationic surfactants when dissociated in water

produce amphiphilication and an anion. The growing shale gas refinery market is set to propel

demand for cationic surfactants, particularly as corrosion inhibitors and emulsifiers. Corrosion

Inhibitors are the key application for cationic surfactants.

The report analyses the oilfield surfactants market in various applications and covers the

market demand with respective regions. The report also provides a market overview for the

surfactants market. Surfactants in oilfield market is analysed using various parameters such as:

Source: IndustryARC Analysis

2 EXECUTIVE SUMMARY

Oil field Surfactants are amphiphiles that are used to lower surface tension between two liquids.

They are used as emulsifiers, detergents, foaming agents and dispersants. These surfactants are

used for augmenting the recovery process of petrochemicals from the wells. Oilfield surfactants

are a niche market of the overall speciality oil field chemicals. The market is segmented in to

various types, applications, substrates along with detailed geographic analysis. The global oil field

surfactants market size is estimated to be $853 million and forecast to reach $1167 million by

2020 exhibiting a CAGR of 5.5%. The market volume of oil surfactants is estimated to be 598.1 KT

in 2014 and poised to exhibit a CAGR of 4.3% through 2020.

The global oil and exploration activities in the past decade have increased due to the rapid growth

of global economy that is highly based on oil & gas sector to meet its energy demands. This has

resulted in growing demand for oil field chemicals used in exploration, extraction and refining

process. Booming crude oil production to cater the growing oil demand from emerging economies

is the major driver for oil field surfactants. Growing interest in bio-based oil surfactants is set to

propel market growth of this niche category. Environmental concerns and decreasing oil prices

might restrain oil production impacting market growth.

Oil field surfactants market has been segmented in to key types such as anionic, non-anionic,

cationic, amphoteric, and others depending on their dissociation in water.

FIGURE 1. GLOBAL OIL FIELD SURFACTANTS BY TYPE, 2014

Source: Primary insights, IndustryARC Analysis

The xx surfactants are the dominant type accounting for $327.1 million in 2014.The xx

surfactants market held huge potential to grow to $110.8m by 2020 from $78.1m in 2014

owing to the ability to withstand high temperature and pressure. The xx surfactants are best

used for corrosion inhibition and are used in enhanced oil recovery technology such as steam

flooding. Each of these types is further divided in to subtypes as well. The growing

consumer awareness for environmental protection is the resulting in strong market demand for

bio based oil surfactants due to their ecological benefits.

The main applications of oil field surfactants are emulsifiers/demulsifiers, lubricants, dispersants,

corrosion inhibitors, foam control agents, wetting and suspending agents, biocides, acrylic.

xx

xx

xx

Amphoteric

Others

FIGURE 2. OIL FIELD SURFACTANTS MARKET REVENUE, 2014-2020 ($MILLION)


xx held the largest market share in 2014 accounting for revenue of $290m. The other key

segments include Wetting agents and corrosion inhibitors. The corrosion inhibitor market

is forecast to grow at a fastest rate of xx% through 2020. Chemicals with both emulsification

and wetting properties have been developed in recent years, leading to growing utilization of

these dual application chemicals

The oil field surfactant market is deeply analysed by segmenting in to 5 regions namely North

America, South America, Europe, APAC and Middle East & Africa.

2014 2015 2016 2017 2018 2019 2020

Acrylic

xx

xx

xx

Corrosion inhibitors

xx

xx

Emulsifiers/demulsifiers

FIGURE 3. GLOBAL OIL FIELD SURFACTANTS MARKET SHARES BY REGION, 2014-2020


xx with 33.6% share in the global oilfield surfactants market was leading in 2014 followed by

xx and xx with 25% and 19.6% shares, respectively. The highest growth rate for the forecast

period 2015-2020 will be observed in xx region There is huge market potential to be tapped in

APAC and Africa region due to growing energy demands in these regions.

Stepan, xx , xx, xx, xx , Solvary are few of the dominant companies in the industry. The top 5 major companies account for 62% of the total market share.

2014 2015 2016 2017 2018 2019 2020

xx

xx

xx

South America

xx

FIGURE 6. OILFIELD SURFACTANT - PATENT ANALYSIS, BY COMPANY, 2011-2014 (%)

Source: IndustryARC Analysis, Expert Opinions

The number of patents issued globally for processes and technologies related to oilfield surfactant market is widespread across the major companies. The major chemical companies Akzo Nobel, DOW Chemicals and BASF account for 77% of the patents filed by leading companies. Through 2014, the patents pertaining these technologies and processes by the top five companies are estimated to number 782. The development of new applications and technologies, R&D investments by major market players and favourable patent regulations will ensure entry of newer and innovative processes and technologies into the market at a fast pace. The rise in demand for affordable and efficient surfactants in the oil and gas industry will drive the competition among key stakeholders to provide new oilfield surfactant chemicals.

Akzo Nobel holds the largest share of patents accounting for 32% of patents filed in the period 2011-2014. DOW and BASF holds 25% and 20% of the patents filed through this period. Stepan and Huntsman however have filed low number of patents accounting for 23% of the total patents combined.

32%

20% 9%

14%

25%

Akzo Nobel

DOW

Huntsman

Stepan

BASF

Below are some key patents received during the period 2011-2014

Akzo Nobel N.V has received a US patent (US2014124205A1) for new process forfracturing a subterranean formation. This process will use surfactants in drillingapplications as a lubricant in fracking process of oil and gas industry.

BASF SE received a patent, US8596367 B2, for a process for mineral oil production bymeans of Winsor Type III micro emulsion flooding and an aqueous surfactantformulation. This patent involves a new composition of surfactant utilized in thisprocess.

DOW Chemicals received a US patent which covers Nonionic surfactant blends usingseed oils. This process contains composition for a non-ionic surfactant utilizing seed oilssuch as castor oil, soybean oil, olive oil, corn oil etc.

Huntsman Corporation received a patent, WO2014193720A1, which involves asurfactant formulation for use in treating and recovering fossil fluid from a subterraneanformation. The surfactant formulation is injected into wells located within thesubterranean formation and fossil fluids can then be subsequently recovered withimproved efficiency.

Stepan Company received a patent, US2014073541A1, which involves new surfactantcompositions for use in enhancing oil recovery. Aqueous concentrates comprising waterand the surfactant compositions have been patented.

3.2.2 PRODUCT BENCHMARKING

The products of top five companies in the oilfield surfactant market are benchmarked by considering few parameters such as distribution network, product portfolio and innovation in technology.

Innovation in Technology: The innovation standards have been set as high, medium and low. The innovation standards have been set based on R&D spend, number of product launches and patents filed. Akzo Nobel has added a lot of patents in the surfactant market while increasing R&D spending; thus Akzo Nobel has been labelled as high in this category. Huntsman has filed few patents and has lower R&D spending ratio accounting for a low share of revenue generated; thus Huntsman has been labelled as low.

Distribution Network: The distribution network has been classified as diverse and narrow based on the number of locations, distribution deals through a third party and potential customers for the company. For instance, BASF and DOW are operational in more than 100 countries with distribution deals in major growth areas as well as high brand awareness, while Stepan Company is operational in 20 countries.

6 OILFIELD SURFACTANTS MARKET APPLICATIONS

Oil Industry utilizes wide variety of chemicals which include extensive range of surfactants for drilling and production purposes. The advent of enhanced oil recovery technologies has facilitated increased use of surfactants. Surfactants that meet the environmental regulations and performance norms witness high demand.

FIGURE 10. OILFIELD SURFACTANTS MARKET, BY APPLICATION

Source: IndustryARC Analysis, Expert Insights.

6.1 INCREASE OF CO2 OIL RECOVERY TECHNOLOGY TO FUEL MARKET FOR SURFACTANTS

The oil recovery technologies are of three types, namely, thermal recovery, gas injection and chemical injection. The gas injection technology utilizes gases like Nitrogen, CO2, and natural gas to recover oil. Out of all, CO2 injection is used in majority of industrial applications. The increased usage of this technique over the few years can be attributed to the unique properties of the gas being high miscible and less expensive. In U.S, as of 2010, there are 114 CO2 injection units that produce over 280,000 barrels of oil per day. Surfactants play key role in CO2 flooding that enhances oil production. These are primarily used to stabilize CO2 in brine form and only fewer types of surfactants available as CO2 is a weaker solvent than water. Huntsman Corporation, Dow Chemical Company, Dupont, are some of the companies which manufacture solvents used in this technique.

In recent times, there have been some key developments that mark the growth of CO2 technique for oil production. Denbury Resources Inc. has acquired Cedar fields of 177sqms to enhance the company capabilities in CO2 flooding in 2014. In the same year, Dow Chemical Company has launched ELEVATE CO2 enhanced oil recovery conformance solution, that uses superficial CO2 fluid

and water to revise CO2 mobility. This solution can be effectively used for proficient use of CO2 and increase oil production.

FIGURE 11. PRODUCTION OF OIL BY CO2 INJECTION, U.S, 2010-2020 (000 UNITS)

Source: U.S Department of Energy (DOE) primer: Carbon Dioxide Enhanced Oil Recovery; U.S DOE Website, IndustryARC Analysis.

The CO2 usage in production oil has increased in U.S. The oil production by CO2 flooding is estimated to increase at a rate of 8.3% from 2010-2020. In U.S, independent producers are making efforts to enhance CO2 production. The Sandridge Energy Inc. and Occidental Petroleum Corp. have developed natural gas processing plant in West Texas which has capacity to produce 13.5 million metric tons of CO2 annually and is worth of $1.1 billion for use EOR operations. Thus, the demand for CO2 oil recovery technology will continue to grow to enhance oil production by escalating demand for surfactants.

6.2 GLOBAL OILFIELD SURFACTANTS MARKET REVENUE, BY APPLICATION

The key applications of oilfield surfactants are emulsifiers, corrosion inhibiters and wetting agents. These applications are primarily used in the drilling and stimulation oil production processes. The growing number of shale oil extraction processes as well as growing oil refineries being established, primarily in APAC region, is set to propel the oilfield surfactant market.

0

100

200

300

400

500

600

700

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Barr

les o

f oil

per d

ay (0

00un

its)

TABLE 2. GLOBAL OILFIELD SURFACTANT MARKET, BY APPLICATION, 2014-2020 ($M)

Application 2014 2015 2016 2017 2018 2019 2020 CAGR% (2015-2020)

Emulsifiers/demulsifiers 290 303.5 318.9 336.1 355.2 376.5 400.2 5.7% Lubricants 26 26.8 28.1 29.5 31.1 32.9 34.9 5.4% Dispersants 94 98.2 101.1 104.4 108.1 112.1 116.7 3.5% Corrosion inhibitors 145 151.7 161.2 171.8 183.5 196.6 211.1 6.8% Foaming Agent 43 44.6 46.4 48.5 50.7 53.2 56.0 4.6% Wetting and suspending agents

196 205.3 214.8 225.4 237.1 250.2 264.8 5.2%

Biocides 43 44.6 47.0 49.6 52.6 55.9 59.5 5.9% Acrylic 17 17.9 18.7 19.7 20.8 22.0 23.3 5.5% Total 853 893 936 985 1039 1099 1167 5.5% Source: IndustryARC Analysis, Expert Insights

Emulsifiers held the largest market share in 2014 accounting for revenue of $290m in 2014. This segment holds the largest potential market and is forecast to grow to $400m by 2020. The other key segments include Wetting agents and corrosion inhibitors. The corrosion inhibitor markets accounts for $145m in 2014 and is forecast to grow at the highest rate of 6.8% CAGR through 2020. The growing safety standards as well as increasing price of corrosion inhibitor chemicals are estimated to drive the market. Wetting and suspending agents are a large market and account for $196m in 2014 and the market is forecast to grow to $265m by 2020. Chemicals with both emulsification and wetting properties have been developed in recent years leading to growing utilization of these dual application chemicals. For instance Alkoxylated Alcohol, supplied by companies such as Rhodia, Akzo Nobel and Stepan, is used as an emulsifier and wetting agent and is forecast to find increased application.

TABLE 3. GLOBAL OILFIELD SURFACTANT MARKET VOLUME, BY APPLICATION, 2014-2020 (KILO TONS)

Application 2014 2015 2016 2017 2018 2019 2020 CAGR% (2015-2020)

Emulsifiers/demulsifiersLubricants Dispersants Corrosion inhibitors Foaming Agent Wetting and suspending

and North America regarding toxic gases are forecast to result in adoption of lubricants free from halogens and metals. The lack of technological innovations in this segment is forecast to hinder the market growth.

6.2.3 DISPERSANTS

Dispersants are chemicals that are usually surfactants or solvents which separate oil from water. These are generally used when oil is spilled, aiding the separation of particles and thus prevent clumping.

FIGURE 13. NUMBER OF OIL SPILLS, 2008-2014

The number of oil spill incidents has been reduced significantly over the years due to effective use of dispersants. In 2014, only one large incident that was greater than 700 tons is recorded in South China. The dispersants find application in off-shore production where there is higher chance of oil spilling. In Brazil and Gulf of Mexico majority of the oil production is off shore. Brazil oil production for 2013 was 300,000 barrels per day wherein 90% of the production was off shore. These production facilities contain stock of dispersants, through which they can proactively act on oil spills. Thus, dispersants market is estimated to grow with increasing application in preventing oil spills at offshore production facilities.

6.2.4 CORROSION INHIBITORS

Inhibitors are mainly used in the pipelines to protect them from low-flow areas, dead legs, bacterial corrosion, and others. Corrosion inhibitors provide temporary and permanent protection from corrosion. In U.S, there is more than 190,000 miles of oil pipelines that carry out operations

0

2

4

6

8

10

12

Oil Spills

Num

ber o

f oil

spill

s

2008

2010

2014

throughout the year. Corrosion in a pipeline leads to not only deterioration but to extent of breaking it. The increasing pipeline accidents over the few years have stressed the importance of safety in pipelines and essence of efficient construction material and accurate safety measures.

FIGURE 14. PIPELINE INCIDENTS, 2010-2013

Source: U.S Pipeline and Hazardous Materials Safety Administration (PHMSA) Report (1993-2013)

Corrosion is one of the key reasons in pipeline incidents. As many pipelines traversing across the globe are old, the corrosion levels are high and also are responsible for breakage. Thus, the preventive measures to enable the pipelines with corrosion resistant materials will increase creating market the inhibitors.

6.2.5 FOAM CONTROL AGENTS

Oilfield surfactants are used as foam control agents in defoamers/anti-foaming agents. Defoamers and anti-foaming agents are chemical additives to suppress the formation of foam. Generally in oilfield, the defoamers are used to control oil foam in separators to reduce gas-carry-under into the oil system. Typically the defoamers are silicone or fluorosilicone based and overdosing of these agents may cause fouling problems in refineries. Efficiency of antifoam depends on the operating conditions and surfactants generating the foam. Slicone antifoams are the most prevalent type used in the gas processing industry. They are made up of siloxane oils mixed with silica particles. The long hydrophobic R hydrocarbon group of silicon oils attached to silicon atoms reduces the very insolubility in aqueous solution.

34%

30%

36%

201120122013

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Oilfield Surfactants Market Trend (2015-2020) - IndustryARC

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