Analytics, Research & Consulting Oilfield Surfactants Market Outlook by 2023 | Page 2
North Americas held the largest market share in the Oilfield
Market
North Americas region holds the largest market share and growth
in the Oilfield Surfactants Market and is anticipated to reach
$320.15 million by 2023 at a CAGR of 4.51%. However, Middle East
and Africa will witness highest growth during the forecast period
and is expected to reach $302.3 million by 2023 at a CAGR of
6.04%. North Americas Oilfield Market is mainly driven by the
shale bloom in the U.S.A.. Recent discovery of shale oilfields in this
region has paved the way to meet this increase in demand. The key
applications in this region are Acrylic, Biocides, wetting and
suspending agents, corrosion inhibitors, Dispersants, Lubricants,
among others.
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