- In June 2021, KBC, a fully-owned subsidiary of Yokogawa Electric Corporation, will use the artificial intelligence (AI) technology of the BakerHughesC3.ai alliance to improve its current software portfolio for oil and gas process simulation, supply chain optimization, and energy management, according to a June 2021 announcement from Baker Hughes and C3 AI
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Gelling Agents, Friction Reducers, Surfactants, Corrosion and Scale Inhibitors, Acids, Others), Application (Hydraulic Fracturing, Matrix Acidization, Acid Fracking, Others) – Industry Trends and Forecast to 2032
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The Global Oilfield Stimulation Chemicals Market size was valued at USD 4.31 USD Billion in 2024.
The Global Oilfield Stimulation Chemicals Market is projected to grow at a CAGR of 10.7% during the forecast period of 2025 to 2032.
The major players operating in the market include BASF SE ,Clariant ,Dow ,Solvay ,Ecolab Inc. ,Halliburton ,Schlumberger Limited ,Nouryon ,Baker Hughes Company ,Kemira ,Huntsman International LLC ,Croda International plc ,Albermarle Corporation ,Chevron Philips Chemical Company LLC ,Innospec Inc. ,NOV Inc.Geo Specialty Chemicals ,Kraton Corporation ,Thermax Limited ,Oleon ,Ashland ,PureChem Services ,Stepan Company ,Elementis PLC .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
