Oil Field Bio-solvents Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, Saudi Arabia, China, Russia - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 178 SKU: IRTNTR70193

Oil Field Bio-solvents Market 2024-2028

The oil field bio-solvents market size is estimated to grow at a CAGR of 2.18% between 2023 and 2028. The market size is forecast to increase by USD 19.39 million. The growth of the market depends on several factors such as the increasing demand for environment-friendly products, the volatility in global crude oil prices, the lower percentage of VOCs in bio-based products, and the increased oil and gas production and exploration activities.

This oil field bio-solvents market report extensively covers market segmentation by type (hydrocarbons, esters, alcohols, glycols, and others), application (oil and gas, transportation, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.

What will be the Size of the Oil Field Bio-solvents Market During the Forecast Period?

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Oil Field Bio-solvents Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Oil Field Bio-solvents Market Driver

One of the key factors driving the oil field bio-solvents market growth is the Increased oil and gas production and exploration activities. Several innovations, including horizontal drilling in conjunction with hydraulic fracturing, have been able to unlock unconventional potential in regions including Saudi Arabia, the US, Canada, Mexico, and Russia. For instance, in 2015, there were approximately 300,000 wells (hydraulically fractured) in the US, contributing to more than 50% of the global oil and gas production.

Moreover, the higher the number of oil and gas production and exploration, the higher the extent of oilfield bio solvents use. In addition, to meet global demands, the oil and gas industry has continued its development of oil and gas production and exploration activities, including the development of new and established hydrocarbon reserves. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Key Oil Field Bio-solvents Market Trends

A key factor shaping the oil field bio-solvents market growth is the bio-based terpenes as a novel replacement for toluene and xylene. There has been a significant replacement for xylene and toluene in dissolving paraffin, bitumen, and asphaltenes. In addition, these are natural/bio solvents that demonstrate excellent solvency properties and can even be used in remediating wells.

Moreover, bio-based terpenes act as an effective replacement for toluene and xylene in cleaning up the drilling mud in wells before cementing operations. In addition, terpene solvent mixtures are employed in a wide range of applications in oilfields, including hydraulic fracturing stimulation, matrix stimulation, and wellbore clean-outs.  Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Key Oil Field Bio-solvents Market Challenge

Variations pertaining to the availability of raw materials for bio-based solvents are one of the key challenges hindering the oil field bio-solvents market growth. Bio solvents rely primarily on the availability of feedstock, including sugar cane, corn, oranges, tapioca, and wheat, among others.  In addition, the manufacturing of such crops depends upon climatic conditions.

Moreover, the production varies considerably every year and is subject to external factors including excess rainfall, plagues of locusts, frost, and hurricanes. In addition, the non-availability of raw materials or fluctuations in the availability has a negative impact on the global oil field bio-solvents market and could lead to high production costs. Hence, such factors are negatively impacting the market. Therefore, it is expected to drive market growth during the forecast period.

Oil Field Bio-solvents Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Oil Field Bio-solvents Market Customer Landscape

Who are the Major Oil Field Bio-solvents Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ashburn Chemical Technologies: The company offers oil field bio solvent for applications such as automotive, aerospace, and transportation.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • BASF SE
  • Croda International Plc
  • Dow Chemical Co.
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Gemtek Products
  • Halliburton Co.
  • Kemira Oyj
  • National Aluminium Co. Ltd.
  • Pilot Chemical Co.
  • Seatex Corp.
  • Solvay SA
  • Stepan Co.
  • Thermax Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Oil Field Bio-solvents Market?

The hydrocarbons segment is estimated to witness significant growth during the forecast period. This segment refers to the organic compounds composed of hydrogen and carbon atoms. In addition, they are widely used as effective and safe cleaning agents in the oil industry to dissolve oils and greases, as well as to remove deposits from surfaces. Furthermore, they are also used for the purpose of decreasing, flushing, and cleaning process equipment and pipelines.

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The hydrocarbons segment was the largest segment and was valued at USD 117.92 million in 2018. Moreover, this segment is derived from crude oil and natural gas and is further refined into a wide range of products including mineral spirits, naphtha, and kerosene. In addition, the excellent solvency and low toxicity offered by hydrocarbons make them ideal for applications in oil and gas production, as well as in transportation, drilling, and other industries. Furthermore, oilfield biocides are being increasingly used in water treatment and fracking in oilfield operations. Hence, such factors are expected to fuel the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Oil Field Bio-solvents Market?

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North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors that is significantly driving the oilfield bio-solvents market in North America is the environmental regulations regarding VOC emissions of solvents (synthetic) in the region. In addition, the market in North America is witnessing an increasing rate of adoption of oilfield bio-solvent products that are environment-friendly.

Moreover, regions including North America have witnessed rapid activities in the expansion of oilfield drilling and production. Furthermore, the increasing development of shale oil has led to increased demand for oilfield bio-solvents in North America. Hence, such factors are driving the market growth in North America during the forecast period.

In 2020, during the COVID-19 pandemic, the growth of the global oil field bio-solvents market witnessed a significant slowdown due to the closure of several bio-solvent manufacturing units in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in bio-solvent manufacturing units. Such factors are expected to drive the market during the forecast period.

Segment Overview

The oil field bio-solvents market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook (USD Million, 2018-2028)
    • Hydrocarbons
    • Esters
    • Alcohols
    • Glycols
    • Others
  • Application Outlook (USD Million,2018-2028)
    • Oil and gas
    • Transportation
    • Others
  • Geography Outlook (USD Million, 2018-2028)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Oil Field Bio-solvents Market Scope

Report Coverage

Details

Page number

178

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 2.18%

Market Growth 2024-2028

USD 19.39 million

Market structure

Fragmented

YoY growth 2023-2024(%)

1.89

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 29%

Key countries

US, Canada, Saudi Arabia, China, and Russia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Ashburn Chemical Technologies, BASF SE, Croda International Plc, Dow Chemical Co., DuPont de Nemours Inc., Evonik Industries AG, Gemtek Products, Halliburton Co., Kemira Oyj, National Aluminium Co. Ltd., Pilot Chemical Co., Seatex Corp., Solvay SA, Stepan Co., and Thermax Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Oil Field Bio-solvents Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global oil field bio-solvents market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global oil field bio-solvents market 2018 - 2022 ($ million)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Hydrocarbons - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Hydrocarbons - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Hydrocarbons - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Hydrocarbons - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Hydrocarbons - Year-over-year growth 2023-2028 (%)
    • 6.4 Esters - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Esters - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Esters - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Esters - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Esters - Year-over-year growth 2023-2028 (%)
    • 6.5 Alcohols - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Alcohols - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Alcohols - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Alcohols - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Alcohols - Year-over-year growth 2023-2028 (%)
    • 6.6 Glycols - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Glycols - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Glycols - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Glycols - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Glycols - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Type
      • Exhibit 54: Market opportunity by Type ($ million)
      • Exhibit 55: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 56: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 58: Chart on Comparison by Application
      • Exhibit 59: Data Table on Comparison by Application
    • 7.3 Oil and gas - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
    • 7.4 Transportation - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Transportation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Transportation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Transportation - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Transportation - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 72: Market opportunity by Application ($ million)
      • Exhibit 73: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Russia - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.10 Saudi Arabia - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
    • 9.11 Canada - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.12 China - Market size and forecast 2023-2028
      • Exhibit 115: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 116: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 117: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Ashburn Chemical Technologies
              • Exhibit 127: Ashburn Chemical Technologies - Overview
              • Exhibit 128: Ashburn Chemical Technologies - Product / Service
              • Exhibit 129: Ashburn Chemical Technologies - Key offerings
            • 12.4 BASF SE
              • Exhibit 130: BASF SE - Overview
              • Exhibit 131: BASF SE - Business segments
              • Exhibit 132: BASF SE - Key news
              • Exhibit 133: BASF SE - Key offerings
              • Exhibit 134: BASF SE - Segment focus
            • 12.5 Croda International Plc
              • Exhibit 135: Croda International Plc - Overview
              • Exhibit 136: Croda International Plc - Business segments
              • Exhibit 137: Croda International Plc - Key news
              • Exhibit 138: Croda International Plc - Key offerings
              • Exhibit 139: Croda International Plc - Segment focus
            • 12.6 Dow Chemical Co.
              • Exhibit 140: Dow Chemical Co. - Overview
              • Exhibit 141: Dow Chemical Co. - Business segments
              • Exhibit 142: Dow Chemical Co. - Key news
              • Exhibit 143: Dow Chemical Co. - Key offerings
              • Exhibit 144: Dow Chemical Co. - Segment focus
            • 12.7 DuPont de Nemours Inc.
              • Exhibit 145: DuPont de Nemours Inc. - Overview
              • Exhibit 146: DuPont de Nemours Inc. - Business segments
              • Exhibit 147: DuPont de Nemours Inc. - Key news
              • Exhibit 148: DuPont de Nemours Inc. - Key offerings
              • Exhibit 149: DuPont de Nemours Inc. - Segment focus
            • 12.8 Evonik Industries AG
              • Exhibit 150: Evonik Industries AG - Overview
              • Exhibit 151: Evonik Industries AG - Business segments
              • Exhibit 152: Evonik Industries AG - Key news
              • Exhibit 153: Evonik Industries AG - Key offerings
              • Exhibit 154: Evonik Industries AG - Segment focus
            • 12.9 Gemtek Products
              • Exhibit 155: Gemtek Products - Overview
              • Exhibit 156: Gemtek Products - Product / Service
              • Exhibit 157: Gemtek Products - Key offerings
            • 12.10 Halliburton Co.
              • Exhibit 158: Halliburton Co. - Overview
              • Exhibit 159: Halliburton Co. - Business segments
              • Exhibit 160: Halliburton Co. - Key news
              • Exhibit 161: Halliburton Co. - Key offerings
              • Exhibit 162: Halliburton Co. - Segment focus
            • 12.11 Kemira Oyj
              • Exhibit 163: Kemira Oyj - Overview
              • Exhibit 164: Kemira Oyj - Business segments
              • Exhibit 165: Kemira Oyj - Key news
              • Exhibit 166: Kemira Oyj - Key offerings
              • Exhibit 167: Kemira Oyj - Segment focus
            • 12.12 National Aluminium Co. Ltd.
              • Exhibit 168: National Aluminium Co. Ltd. - Overview
              • Exhibit 169: National Aluminium Co. Ltd. - Business segments
              • Exhibit 170: National Aluminium Co. Ltd. - Key offerings
              • Exhibit 171: National Aluminium Co. Ltd. - Segment focus
            • 12.13 Pilot Chemical Co.
              • Exhibit 172: Pilot Chemical Co. - Overview
              • Exhibit 173: Pilot Chemical Co. - Product / Service
              • Exhibit 174: Pilot Chemical Co. - Key offerings
            • 12.14 Seatex Corp.
              • Exhibit 175: Seatex Corp. - Overview
              • Exhibit 176: Seatex Corp. - Product / Service
              • Exhibit 177: Seatex Corp. - Key offerings
            • 12.15 Solvay SA
              • Exhibit 178: Solvay SA - Overview
              • Exhibit 179: Solvay SA - Business segments
              • Exhibit 180: Solvay SA - Key news
              • Exhibit 181: Solvay SA - Key offerings
              • Exhibit 182: Solvay SA - Segment focus
            • 12.16 Stepan Co.
              • Exhibit 183: Stepan Co. - Overview
              • Exhibit 184: Stepan Co. - Business segments
              • Exhibit 185: Stepan Co. - Key offerings
              • Exhibit 186: Stepan Co. - Segment focus
            • 12.17 Thermax Ltd.
              • Exhibit 187: Thermax Ltd. - Overview
              • Exhibit 188: Thermax Ltd. - Business segments
              • Exhibit 189: Thermax Ltd. - Key news
              • Exhibit 190: Thermax Ltd. - Key offerings
              • Exhibit 191: Thermax Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 192: Inclusions checklist
                • Exhibit 193: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 194: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 195: Research methodology
                • Exhibit 196: Validation techniques employed for market sizing
                • Exhibit 197: Information sources
              • 13.5 List of abbreviations
                • Exhibit 198: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              oil field bio-solvents market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis