QYR Market Research Global Oilfield Chemicals market research | Page 4

QYR
• North America is the world's largest oilfield chemicals consumption
area. In Europe and North America, the main application of
polyacrylamide is the water treatment industry. However,
polyacrylamide in oilfield is less in foreign, because of the special
geological conditions in China, Daqing Oilfield and Shengli Oilfield
are still using extensive of polymer in flooding technology. China is
one of the countries with the highest crude oil production costs in
the world. Despite this, China has had to continue mining domestic
crude oil due to the huge market demand. At present, the production
capacity of polyacrylamide in China has exceeded 1.2 million tons.
Most of the polyacrylamide is used in the oil field industry.