North America Oilfield chemicals Market Forecast (2017-2025)

Created with Highcharts 11.4.0YearUSD MnChart context menuNorth America Oilfield chemicals Market Forecast(2017-2025)13 547.913 547.914 134.314 134.314 752.5114 752.5115 430.615 430.616 171.2416 171.2416 962.1916 962.1917 870.3117 870.3118 829.9418 829.9419 844.1719 844.1710 412.8210 855.1411 321.1611 832.3312 390.612 986.4713 671.0114 393.815 157.113 135.083 279.163 431.353 598.273 780.643 975.724 199.34 436.144 687.0620172018201920202021202220232024202505k10k15k20k25k
Year UNITED STATES CANADA
2017 $ 10412.82 $ 3135.08
2018 $ 10855.14 $ 3279.16
2019 $ 11321.16 $ 3431.35
2020 $ 11832.33 $ 3598.27
2021 $ 12390.6 $ 3780.64
2022 $ 12986.47 $ 3975.72
2023 $ 13671.01 $ 4199.3
2024 $ 14393.8 $ 4436.14
2025 $ 15157.11 $ 4687.06
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North America Oilfield chemicals Market Forecast (2017-2025)

Synopsis
The above chart is Global Oilfield chemicals market [2017-2025] by North America

Market Dynamics

united states accounted for the larger market share in 2018, this market is expected to reach usd 15157.11 million in 2025 from usd 10855.14 million in 2018. this market is projected to grow at a cagr of 4.98% during the forecast period from 2019 - 2025. however, canada is the fastest growing market, which is expected to grow at a cagr of 5.33% during the forecast period 2019 - 2025. inhibitors and scavengers segment accounted for the largest market share in 2018, this market is expected to reach usd 9189.52 million in 2025 from usd 6307.91 million in 2018.the oilfield chemicals market is projected to grow at a cagr of 5.62% during the forecast period from 2019 - 2025. however, inhibitors and scavengers segment is the fastest growing market, which is expected to grow at a cagr of 5.62% during the forecast period 2019 - 2025. upstream segment accounted for the largest market share in 2018, this market is expected to reach usd 9702.67 million in 2025 from usd 6939.62 million in 2018. this market is projected to grow at a cagr of 5.01% during the forecast period from 2019 - 2025. however, downstream segment is the fastest growing market, which is expected to grow at a cagr of 5.64% during the forecast period 2019 - 2025.

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