The Production of Crude Oil is Driving the Consumption of Oilfield Stimulation Chemicals Market
Oilfield stimulation is the process undertaken for the recovery and improving the flow of hydrocarbons from drilling well. Oilfield stimulation chemicals market can be classified into gelling agents, friction reducers, surfactants, corrosion & scale inhibitors, acids, and others such as biocides and cross linkers. The production of crude oil is driving the consumption of Oilfield Stimulation Chemicals Market , globally. Rise in the drilling of deeper wells is also one of the key reasons for the growth of the market. Growing demand for well stimulation processes offers great push to the oilfield stimulation chemicals market. It offers a wide range of opportunities to chemical suppliers as well as formulated oilfield chemical suppliers. Regulations related to the protection of surface water and ground water during seismic testing is hindering the growth of the oilfield services market. The oilfield operations of existing wells have now become difficult due to the introduction of