Asphaltene and Paraffin Inhibitors: Global Strategic Business Report

Global Asphaltene and Paraffin Inhibitors Market to Reach $1.9 Billion by 2030

The global market for Asphaltene and Paraffin Inhibitors estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 3.2% over the analysis period 2022-2030. Offshore Oil, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Onshore Oil segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $427.1 Million, While China is Forecast to Grow at 3.1% CAGR

The Asphaltene and Paraffin Inhibitors market in the U.S. is estimated at US$427.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$335.9 Million by the year 2030 trailing a CAGR of 3.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 32 Featured) -

• AES Arabia Ltd.
• Akzo Nobel NV
• Baker Hughes (BHGE)
• Caradan Chemicals Inc.
• Clariant
• Croda International Plc
• EMEC
• Force Chem Technologies
• Halliburton
• Innospec Inc.
• Janus Energy Resources
• Kosta Oil Field Technologies Inc.
• LLC FLEK
• NALCO Champion
• Newpark Resources Inc.
• Rocanda Enterprises Ltd.
• Roemex Limited
• Schlumberger Limited

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year