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Yahoo
2 days ago
- Business
- Yahoo
Oilfield Scale Inhibitor Market is Projected with A Value of USD 1511.55 Million by 2032, Driven by Increasing Demand for Enhanced Oil Recovery Techniques
U.S. Oilfield Scale Inhibitor Market to Reach USD 488.69 Million by 2032 Amid Rising Shale Production and EPA-Driven Eco-Innovation Austin, July 18, 2025 (GLOBE NEWSWIRE) -- Oilfield Scale Inhibitor Market Size & Growth Analysis: According to SNS Insider, The Oilfield Scale Inhibitor Market Size was valued at USD 897.80 million in 2024 and is expected to reach USD 1511.55 million by 2032, growing at a CAGR of 6.73% over the forecast period of Your Free Sample Copy of the Oilfield Scale Inhibitor Market Report Today: Growing Demand for Advanced Scale Prevention Solutions Fuels Oilfield Chemical Innovation Amid Stricter Regulations and Complex Extraction Challenges The oilfield scale inhibitor market is expanding rapidly due to rising demand for reliable scale prevention in oil and gas extraction. Stricter discharge regulations from the U.S. Environmental Protection Agency (EPA) and growing reservoir complexities push operators to adopt more effective, eco-friendly solutions. According to the American Petroleum Institute, operators using advanced inhibitors improved operational uptime by 15% in 2023. Companies like Schlumberger and Halliburton have also launched new inhibitors designed for offshore and shale fields, further supporting this industry's evolution. The U.S. Oilfield Scale Inhibitor market is valued at USD 292.82 million in 2024 and is projected to reach a value of USD 488.69 million by 2032, with a CAGR of approximately 6.64% in the forecast period of 2025 to 2032. The U.S. oilfield scale inhibitor market is projected to grow steadily, propelled by extensive shale oil production and stringent environmental regulations. The EPA's evolving guidelines on produced water treatment have pushed oilfield operators to adopt high-performance inhibitors, enhancing equipment longevity. Companies like Baker Hughes have introduced innovative biodegradable inhibitors, further boosting market growth. Major Players Analysis Listed in this Report are: BASF SE Clariant AG Dow Inc. Kemira Oyj Solvay S.A. Halliburton Company Schlumberger Limited Baker Hughes Company Ecolab Inc. (Nalco Champion) Akzo Nobel N.V. and Other Oilfield Scale Inhibitor Market Report Scope Report Attributes Details Market Size in 2024 US$ 897.80 Million Market Size by 2032 US$ 1511.55 Million CAGR CAGR of 6.73% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Regional Analysis North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) Key Growth Drivers Increased Water Injection and Produced Water Reuse Drive the Market Growth. By Type, Phosphonates dominated the Oilfield Scale Inhibitor Market in 2024, with a 46% Market Share. The dominance is due to phosphonate's exceptional effectiveness in controlling scale across diverse oilfield environments and compatibility with modern injection systems. Companies like Halliburton have invested in advanced phosphonate formulations offering longer service life and better environmental profiles. Widely adopted in challenging offshore fields where scale risk is high, these inhibitors efficiently prevent calcite and sulfate deposits. Growing regulatory pressure to use eco-friendly chemicals has also driven innovation, strengthening phosphonates' position as the preferred solution for reliable, sustainable scale control in the industry. By Region, Asia-Pacific dominated the Oilfield Scale Inhibitor Market in 2024, Holding A 43.36% Market Share. The dominance is due to extensive shale oil reserves, hydraulic fracturing activities, and advanced oilfield technologies that heighten scale risks and boost demand. Strict EPA and state regulations push the adoption of eco-friendly inhibitors, while major players like Baker Hughes and Schlumberger lead innovation. The region's strong oilfield infrastructure and efficient supply chains support rapid deployment. Combined with a focus on sustainable production and operational reliability, these factors create an environment that sustains growth and cements North America's leading role in the market. For a Personalized Briefing with Our Industry Analysts, Connect Now: Oilfield Scale Inhibitor Market Segmentation By Type Phosphonates Carboxylate/Acrylate Sulfonates Others By Region, Asia Pacific is the fastest-growing region in the Oilfield Scale Inhibitor Market with the highest CAGR in the forecast period of 2025 to 2032. The dominance is due to surging oil and gas exploration in China, India, and Australia, alongside rising offshore drilling and unconventional extraction. Governments promote cleaner production, encouraging companies to use advanced, regulation-compliant inhibitors. CNPC's adoption of novel scale inhibitors to enhance reliability reflects this trend. Additionally, partnerships between local producers and global chemical firms help transfer new technologies. These combined efforts, driven by stricter environmental standards and operational challenges, accelerate market growth across the rapidly developing Asia Pacific region. Recent Developments In July 2024, Fritz Industries partnered with Baker Hughes to globally offer StimPlus Sorb scale and paraffin inhibitors, expanding market reach and improving flow assurance reliability. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 Production Capacity and Utilization by Country, By Type, 2024 5.2 Feedstock Prices by Country, and Type, 2024 5.3 Regulatory Impact by Country and By Type 2024. 5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives by Region 5.5 Innovation and R&D, Type, 2024 6. Competitive Landscape 7. Oilfield Scale Inhibitor Market by Type 8. Regional Analysis 9. Company Profiles 10. Use Cases and Best Practices 11. Conclusion Buy the Full Oilfield Scale Inhibitor Market Report (Single-User License) Now: About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK) Email: info@ in to access your portfolio
The Hindu
11-06-2025
- Business
- The Hindu
Sustainability programmes to be implemented in Karur textile cluster
Select exporting companies producing home textile products in Karur will be part of a three-year sustainability programme implemented by the Centre for Responsible Business (CRB). Devyani Hari, Senior Director (Programmes) at the CRB, told The Hindu that it is implementing Life Cycle Assessment programme (InTex India) and Eco Innovation programme, funded by the Kingdom of Denmark, as a part of the UN Environment Programme. Karur and Surat apparel clusters have been identified for the Life Cycle Assessment programme and the beneficiaries in Karur will be finalised within a couple of months. The programme, which will run till September 2027, targets small and medium-scale businesses to equip with knowledge and capability to identify environmental hotspots in the life cycle of a product and document the details. The CRB will also work with the Union Ministry of Textiles, form cluster coordination committees, and share inputs for policy formations, she said. According to a press release, at a workshop on 'Advancing Sustainability & Circularity in Karur Textile Cluster', organised recently in Karur by the Karur Textile Manufacturer Exporters Association (KTMEA) along with Karur Handloom Export Cloth Manufacturers Association (KHEXMASS), CII, Karur Knitting and Weaving Factory Owners Association and Karur Dyers & Bleachers Association and the Centre for Responsible Business (CRB) and Intellecap, more than 100 textile manufacturers and exporters participated. The aim is to promote sustainability and circularity among the textile and apparel industry in Karur, said a press release. P. Gopalakrishnan, president of KTMEA, emphasised the need for sustainable growth, to stay updated with the latest international and national developments and to showcase the strength and the potential of the Karur cluster. The release added that the InTex India programme will provide hands-on support for Life Cycle Assessment to atleast 15 small and medium enterprises (SMEs) and develop a knowledge sharing mechanism to facilitate exchange of knowledge, experiences and success stories across different textile and apparel clusters the country. Under the EU Switch Asia - SME Decarbonization, Intellecap, through its Circular Apparel Innovation Factory (CAIF) initiative, will empower SMEs with knowledge, tools, resources and financing to align with global sustainability standards, thereby enhancing their competitiveness in global supply chains. This 42-month initiative focuses on reducing the environmental impact and greenhouse gas emissions of 250-400 SMEs across key clusters in India's textile and apparel value chain, including Karur, said a press release.
