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The Production Chemical market within the context of Oilfield Chemicals is a specialized sector of the oil and gas industry. It involves the use of chemicals to enhance the production of oil and gas from wells. These chemicals are used to reduce the viscosity of oil, reduce the formation of waxes and asphaltenes, and to reduce the formation of scale and corrosion. Production chemicals are also used to reduce the amount of water produced from the well, and to reduce the amount of gas produced.
The production chemical market is highly competitive, with a wide range of products available from a variety of suppliers. Companies in the market include Halliburton, Schlumberger, Baker Hughes, BASF, Clariant, Nalco Champion, and Solvay. Show Less Read more