In terms of geography North America is estimated to be the leading consumer owing to the high growth in the number of oilfield exploration and deep drilling activities . Additionally , the shale gas revolution has instilled renewed vigor in oil extraction and lead to increase in the demand for specialty oilfield chemicals market . Latin America , Eastern Europe , The Middle East , and Asia Pacific are amongst other rapidly growing markets . These markets are characterized by increasing oil exploration and drilling activities owing to rapid industrial growth in the regions . Most of the investment activities are concentrated on expansion into emerging markets such as Asia Pacific , Latin America and Eastern Europe . The market players are looking to enhance their footprints in the high growth regions mentioned above and take advantage of lower land and labor costs and lenient regulatory norms . Western Europe is expected to face slower growth amidst economic crises in the euro zone countries .
Global Specialty Oilfield Chemicals Market : Key Players
The specialty oilfield chemicals market is fragmented with major global players investing heavily in global mergers and acquisitions to consolidate the market . Some of the key market players include Ashland Inc ., BASF SE , The Dow Chemical Company , Clariant AG , E . I . Du Pont De Nemours & Company , Solvay SA , The Lubrizol Corporation , Akzonobel NV , Baker Hughes Inc . and Kemira OYJ among others .
The study is a source of reliable data on :
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Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends / opportunities / challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis
The regional analysis covers :
� North America ( U . S . and Canada ) � Latin America ( Mexico , Brazil , Peru , Chile , and others )