Valued to be $869.7 Million by 2026, Oilfield Scale Inhibitors Slated for Steady Growth Worldwide

SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Oilfield Scale Inhibitors - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 4878
Companies: 42 - Players covered include Akzo Nobel Oilfield (Akzo Nobel N.V.); Ashland, Inc.; Baker Hughes, a GE company; BASF SE; Clariant AG; DowDupont Inc.; Evonik Industries AG; Halliburton; Innospec, Inc.; Kemira Oyj; Schlumberger Ltd.; Solvay S.A and Others.
Coverage: All major geographies and key segments
Segments: Type (Carboxylate/Acrylate, Sulfonates, Phosphonates, Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Oilfield Scale Inhibitors Market to Reach $869.7 Million by 2026
Amid the COVID-19 crisis, the global market for Oilfield Scale Inhibitors estimated at US$642.3 Million in the year 2020, is projected to reach a revised size of US$869.7 Million by 2026, growing at a CAGR of 5.1% over the analysis period. Carboxylate/Acrylate, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$435.9 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sulfonates segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $201.2 Million in 2021, While China is Forecast to Reach $154.5 Million by 2026
The Oilfield Scale Inhibitors market in the U.S. is estimated at US$201.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$154.5 Million by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Phosphonates Segment to Reach US$166.8 Million by the year 2026
In the global Phosphonates segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$94.2 Million in the year 2020 will reach a projected size of US$142.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.