Europe Oilfield Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe Oilfield Chemicals Market is Segmented by Chemical Type (Biocide, Corrosion & Scale Inhibitor, Demulsifier, Polymer, Surfactant, and Other Chemicals), Application (Drilling & Cementing, Enhanced Oil Recovery, Production, Well Stimulation, and Workover & Completion), and Geography (Russia, Norway, United Kingdom, and Rest of Europe). The report offers market size and forecasts for Europe Oilfield Chemicals Market in revenue (in USD million) for all the above segments.

Europe Oilfield Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Oilfield Chemicals Market Size

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Europe Oilfield Chemicals Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.00 %
Market Concentration Low

Major Players

Europe Oilfield Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Europe Oilfield Chemicals Market with other markets in Chemicals & Materials Industry

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Europe Oilfield Chemicals Market Analysis

The Europe Oilfield Chemicals Market is expected to register a CAGR of greater than 5% during the forecast period.

  • COVID-19 negatively impacted the market in 2020. The nationwide lockdowns and stringent social distancing mandates led to supply chain disruptions across different market segments. However, the market is expected to grow steadily owing to increasing investments in exploration and drilling and demands for energy in the European region.
  • The major factors driving the market studied are the increased shale gas exploration and production and the rising demand for petroleum-based fuel from the transportation industry. Environmental sustainability in shale gas extraction is expected to hinder the market's growth. New horizons opened up due to offshore drilling operations are likely to act as an opportunity in the future.

Europe Oilfield Chemicals Industry Overview

The Europe oilfield chemicals market is fragmented in nature. The major companies in the market (not in a particular order) include Nouryon, Albemarle Corporation, Huntsman International LLC, Solvay, and Chevron Phillips Chemical Company (Drilling Specialties Company), among others.

Europe Oilfield Chemicals Market Leaders

  1. Nouryon

  2. Albemarle Corporation

  3. Huntsman International LLC

  4. Solvay

  5. Chevron Phillips Chemical Company (Drilling Specialties Company)

  6. *Disclaimer: Major Players sorted in no particular order
Europe Oilfield Chemicals Market Concentration
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Europe Oilfield Chemicals Market News

  • July 2022: Solvay partnered with Bank of America for sales operations of its oilfield chemicals. This move is expected to strengthen the company's position in the oilfield chemicals market.
  • September 2021: Exxon Neftegas Limited (ENL), the operator of Russia's Sakhalin-1 oil and gas project, planned to invest USD 5 billion in the next five years to stem a decline in oil production.

Europe Oilfield Chemicals Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increased Shale Gas Exploration and Production
    • 4.1.2 Rising Demand for Petroleum-based Fuel from Transportation Industry
  • 4.2 Restraints
    • 4.2.1 Environmental Sustainability in Shale Gas Extraction
    • 4.2.2 Other Restraints
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Chemical Type
    • 5.1.1 Biocide
    • 5.1.2 Corrosion & Scale Inhibitors
    • 5.1.3 Demulsifiers
    • 5.1.4 Polymers
    • 5.1.5 Surfactants
    • 5.1.6 Other Types
  • 5.2 Application
    • 5.2.1 Drilling & Cementing
    • 5.2.2 Work-over & Completion
    • 5.2.3 Well Stimulation
    • 5.2.4 Production
    • 5.2.5 Enhanced Oil Recovery
  • 5.3 Geography
    • 5.3.1 Russia
    • 5.3.2 Norway
    • 5.3.3 United Kingdom
    • 5.3.4 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Albemarle Corporation
    • 6.4.2 Ashland
    • 6.4.3 Baker Hughes, a GE Company LLC
    • 6.4.4 BASF SE
    • 6.4.5 Chevron Phillips Chemical Company (Drilling Specialties Company)
    • 6.4.6 Clariant
    • 6.4.7 Croda International Plc
    • 6.4.8 DowDuPont
    • 6.4.9 Ecolab (Nalco Champion Technologies Inc.)
    • 6.4.10 ELEMENTIS PLC
    • 6.4.11 Exxon Mobil Corporation
    • 6.4.12 Flotek Industries, Inc.
    • 6.4.13 Halliburton
    • 6.4.14 Huntsman International LLC.
    • 6.4.15 Innospec
    • 6.4.16 Kemira
    • 6.4.17 Newpark Resources Inc.
    • 6.4.18 Nouryon
    • 6.4.19 Schlumberger Limited
    • 6.4.20 Solvay
    • 6.4.21 Zirax Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 New Horizons Opened Up Due to Offshore Drilling Operations
  • 7.2 Other Opportunities
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Europe Oilfield Chemicals Industry Segmentation

The oilfield chemicals are used in the drilling process for different purposes such as lubrication, biocides, corrosion prevention, etc.

The Europe oilfield chemicals market is segmented by type into biocide, corrosion and scale inhibitor, demulsifier, polymer, surfactants, and other types. Based on application, the market is segmented into drilling & cementing, enhanced oil recovery, production, well stimulation, and workover and completion. The report also covers the market sizes and forecasts for Europe's oilfield chemicals market in 3 countries across major regions - Russia, Norway, the United Kingdom, and the Rest of Europe.

For each segment, the market sizing and forecasts have been done based on revenue (in USD million).

Chemical Type Biocide
Corrosion & Scale Inhibitors
Demulsifiers
Polymers
Surfactants
Other Types
Application Drilling & Cementing
Work-over & Completion
Well Stimulation
Production
Enhanced Oil Recovery
Geography Russia
Norway
United Kingdom
Rest of Europe
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Europe Oilfield Chemicals Market Research FAQs

What is the current Europe Oilfield Chemicals Market size?

The Europe Oilfield Chemicals Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)

Who are the key players in Europe Oilfield Chemicals Market?

Nouryon, Albemarle Corporation, Huntsman International LLC, Solvay and Chevron Phillips Chemical Company (Drilling Specialties Company) are the major companies operating in the Europe Oilfield Chemicals Market.

What years does this Europe Oilfield Chemicals Market cover?

The report covers the Europe Oilfield Chemicals Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Oilfield Chemicals Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Oilfield Chemicals Industry Report

Statistics for the 2025 Europe Oilfield Chemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Oilfield Chemicals analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.