Water Treatment Chemical (Additive) in Oil and Gas Market Revenue was valued at USD 4.5 Billion in 2024 and is estimated to reach USD 7.8 Billion by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
The Water Treatment Chemical (Additive) in Oil and Gas Market experienced substantial growth in 2022, with a market size valued at approximately USD 7.5 billion. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period from 2022 to 2030. The increasing demand for efficient water treatment solutions in oil and gas operations, including upstream, midstream, and downstream processes, is driving this growth. Corrosion inhibitors, scale inhibitors, biocides, oxygen scavengers, and demulsifiers are among the key additives used in various water treatment applications to enhance operational efficiency and safety. Factors such as stringent environmental regulations, increasing oil exploration activities, and technological advancements in water treatment solutions are propelling market growth.
Regionally, North America held the largest share of the Water Treatment Chemical (Additive) in Oil and Gas Market in 2022, accounting for approximately USD 2.4 billion of the total market. This dominance is attributed to the presence of a well established oil and gas industry, especially in the United States and Canada. The Asia Pacific region is expected to witness the fastest growth with a CAGR of 6.3%, driven by increasing industrialization, growing oil and gas exploration activities, and rising environmental concerns in countries such as China and India. Europe contributed around USD 1.8 billion to the market size, while the Middle East and Africa region accounted for approximately USD 1.5 billion, driven by significant oil production activities and ongoing investments in water treatment infrastructure. Latin America also showed considerable growth potential, reaching a market size of about USD 0.8 billion in 2022.
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Nalco (Ecolab)
Jianghai Environmental Protection Co.
Ltd (Ecolab)
SUEZ (GE)
Kurita
Henan Qingshuiyuan Technology
Shanghai Xiba
CenerTech Tianjin Chemical Research and Design Institute Co.
Ltd (Trici)
Kewei Tianshi Environmental Protection Technology Group
Hubei CNHILE Group
Solenis
ChemTreat
Buckman
AES Arabia
Dow
BASF
Kemira
Veolia Water
Feralco AB
OxyChem
Shandong Taihe Water Treatment Technologies
Italmatch Chemicals SpA
AECI Water
Metito
Aries Chemical
Thermax
SNF
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Water Treatment Chemical (Additive) in Oil and Gas Market
Scale Inhibitors
Corrosion Inhibitors
Biocides
Flocculants and Coagulants
Dispersants
Oil and Gas Production
Refining
Transport and Storage
Wastewater Treatment
Cooling Water Treatment
pH Adjustment
Biofouling Control
Emulsification
Water Clarification
Solids Control
Onshore Oil and Gas Operators
Offshore Oil and Gas Operators
Refineries
Pipelines and Transportation Companies
Wastewater Management Companies
Exploration and Drilling
Production Optimization
Refinery Operations
Environmental Compliance and Safety
Enhanced Oil Recovery Techniques
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Water Treatment Chemical (Additive) in Oil and Gas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Water Treatment Chemical (Additive) in Oil and Gas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Water Treatment Chemical (Additive) in Oil and Gas Market, By Type
6. Global Water Treatment Chemical (Additive) in Oil and Gas Market, By Application
7. Global Water Treatment Chemical (Additive) in Oil and Gas Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Water Treatment Chemical (Additive) in Oil and Gas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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