Key Findings
The Asia Pacific oilfield chemicals market is anticipated to rise with a CAGR of 6.25% during the forecast period 2019-2027. The market has been valued at $XX million in the year 2018 and is expected to rise to a revenue of about $XX million by the year 2027.

Market Insights
The Asia Pacific market for oilfield chemicals receives an enormous amount of revenue from the country-specific market of India, China, South Korea, Japan, Australia and the remaining countries collectively forming the Rest of Asia Pacific regional segment. The India oilfields chemicals market is significantly driven by government initiatives to promote crude oil exploration activities along with strategic alliances between countries to promote oil exploration. The increase in oil exploration and production activities is driving the interests in developing deep reserves, which is expected to sustain the product demand of the market.

Competitive Insights
The major contending players functioning in the oilfield chemicals market are Halliburton Company, Stepan Company, Croda International PLC, AkzoNobel N.V., Newpark Resources, Inc., Solvay S.A., BASF SE, Lubrizol Corporation, Nalco Company LLC, Schlumberger Limited, Ecolab Inc., Clariant, Dow Chemical Company, Albemarle Corp., and Baker Hughes.