Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Advancements in Chemical Technologies Steer Growth in Asia-Pacific Oilfield Chemicals Market Finds Frost & Sullivan - Manufacturers must offer cost-effective solutions to appeal to a wider customer base
Advancements in Chemical Technologies Steer Growth in Asia-Pacific Oilfield Chemicals Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Kuala Lumpur, Malaysia, 2013/09/25 - Manufacturers must offer cost-effective solutions to appeal to a wider customer base.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Increasing exploration and production (E&P) activities in Asia-Pacific have fuelled the growth of the oilfield chemicals market in the region. Oil producers' exploration of unconventional, mature, challenging or stranded wells has lent momentum to enhanced oil recovery (EOR) processes, hydraulic fracturing, and other stimulation techniques. This, in turn, is accelerating the need for advanced oilfield chemicals with enhanced functionality and performance.

New analysis from Frost & Sullivan (chemicals.frost.com), APAC Oilfield Chemicals Market, finds that the market earned revenues of US$2.39 billion in 2012 and estimates this to reach US$3.85 billion in 2019. The study covers drilling, cementing, completion and work-over, production, and enhanced oil recovery chemicals.

Escalating oil prices have compelled the use of aggressive EOR methods to boost productivity, thereby driving the demand for oilfield chemicals in Asia-Pacific.

"As existing wells mature, oil companies are evaluating reservoirs that were left unexplored due to challenges such as high temperature and pressure, rock texture, or depth," said Frost & Sullivan Chemicals, Materials and Food Research Analyst Soundarya Shankar. "Technology advancements made in the oil and gas industry for reviving these wells are paving the way for the expansion of the oilfield chemicals market in Asia-Pacific."

For instance, Vipel technology from AOC largely contributed to the recovery of oil from one of the oldest fields in Indonesia. The technology required low-cost surfactants, which were injected into the well to push the oil towards the production area.

Chemical manufacturers in Asia-Pacific are therefore creating a wide range of formulations to be used in challenging wells under diverse climatic and geological environments. Rising concerns over the potential environmental impact of hazardous chemicals have stimulated the development of green chemicals.

Chemical companies must also ensure that they offer products with a robust price-performance index. This will be a challenge as the Asia-Pacific oilfield chemicals market is highly fragmented with a number of market participants offering a wide range of products, leading to intense competition in terms of price, features, and supply security. Pricing pressures are further compounded as oil prices continue to climb and chemical manufacturers are unable to transfer the entire cost to customers.

Moreover, well operators' reluctance to accept new products due to fears over efficiency stall uptake. Activities in the oil E&P sector are highly complex involving vast resources, material, time and capital, and the inability of a chemical to effectively perform during the process will cause an enormous loss in time and resources.

"Chemical suppliers in Asia-Pacific should go the extra mile to conduct field tests and demonstrations, and prove the performance and capabilities of their products," noted Shankar. "In addition, they need to create multifunctional oilfield chemicals that will reduce the number of additives and be more cost-efficient for customers."

If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

APAC Oilfield Chemicals Market is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan's related research services include: Australian Market for Drilling Chemicals, and Enhanced Oil Recovery Chemicals Market in the United States and Europe. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

APAC Oilfield Chemicals Market / P73A-39

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Advancements in Chemical Technologies Steer Growth in Asia-Pacific Oilfield Chemicals Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Oilfield Chemicals
Contact: Donna Jeremiah / Carrie Low 
+61(2) 8247 8927 / +603 6204 5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards
Tripp Lite’s Breakthrough 3-Phase Rack ATS PDUs Granted U.S. Patent
Nexans Launches PVC-free MOTIONLINE® HALEX Automation Cables
Volkswagen and BASF Present 'Science Award Electrochemistry' to Dr. William Chueh from Stanford University, California

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today