OTCMKTS:HCGS | Emulsifiers And Wetting Agents

Geographically, this report is segmented into several key Regions, with production, consumption, revenue, and market share and growth rate of Specialty Oilfield Chemicals in these regions, from 2018 to 2023 (forecast), covering –

Although the use of subsea separation technologies is growing, it is still developing. The technology is attractive because subsea separation units are designed to increase recoverable reserves and to accelerate current production. The emerging technology, however, still faces serious challenges when separating liquids and gas from liquids in heavy crudes. Researchers are also working to make the units more compact and to dispose of the separated water. Despite those challenges, operators have installed subsea separation projects in the North Sea and GOM, and offshore west Africa and Brazil. The units are designed to reduce backpressure on wells, accelerate and increase recovery, reduce reservoir uncertainty, and improve flow assurance in harsh environments.

This report, from Stratview Research, studies the mining chemicals market over the trend period 2012 to 2017 and the forecast period 2018 to 2023.

Among the key regional segments, Europe is expected to witness a strong growth throughout the forecast period. The U.K. and Norway are considered to contribute extensively towards the growth of the Europe zonal isolations market in the next few years. In addition, the increasing production and rising investments in exploration activities are projected to encourage the growth of the market in the forecast period.

The global carboxymethyl cellulose market is categorized on the basis of end users, which is further divided into oil drilling fluids, food and beverages, personal care, paper processing, paints and adhesives, and others (including mining, industrial detergents, etc.). Out of these, food and beverages industry contributed an outstanding share of income in the global carboxymethyl cellulose market in 2012. The second position was held by oil drilling fluids that represent 22.3% of the aggregate demand in the global CMC market in 2012. Moreover, the demands for carboxymethyl cellulose is estimated to grow in the personal care segment due to its growing application in it. In forthcoming years, the mechanical cleansers and mining industry are expected to offer lucrative opportunities for the carboxymethyl cellulose. Growing contribution from the paints and glues industry is likely to boost the demand for the carboxymethyl cellulose during the forecast period. Therefore, with the increasing contribution in all the industries, the global carboxymethyl cellulose market is estimated to grow at a healthy rate during the forecast period.

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CMC is one of the most important derivatives of cellulose ether, which is known for thickening, binding, and stabilizing. It is used to avoid the formation of ice crystals, and prevents layering of beverages. It is also used to enhance the taste of food and beverages. CMC is used for its properties in various applications such as food and beverages, pharmaceuticals, cosmetics, oil and gas, paints and detergents., It is used in drilling muds in the oil and gas industry. There is an increasing demand for CMC with the growth in the oil and gas industry. It is preferred by manufacturers as it is cost-effective and helps in the reduction of cost of end-products.

Carboxymethyl Cellulose Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure and all these together will help leading players understand scope of the Market, what characteristics it offers, and how it will fulfill customer’s requirements. Moreover, it simplifies Carboxymethyl Cellulose industry threats, opportunities, growth outlook, Market driving forces, challenges, and recommendations from industrial experts.

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The global carboxymethyl cellulose market is anticipated to exhibit positive CAGR of 3.2% during the forecast period 2013 to 2019. The market valuation was US$0.83 bn in 2012, which is predicted to reach US$ 1.03 bn by the end of 2019.

Some of the leading players operating in the zonal isolation market across the globe are Schlumberger Limited, Superior Energy Services, Expro International Group Holdings, Oilsery, Archer, Baker Hughes, TAM International, Inc., C&J Energy Services, Inc., FMC Technologies, Weatherford International, Halliburton Company, and Tendeka.

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