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Oil and Gas Biocides Market Size, Share, Trends, Growth Outlook

Oil and Gas Biocides Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Glutaraldehyde, Chlorine, Tetrakis (Hydroxymethyl) Phosphonium Sulfate (THPS), Quaternary Ammonium & Others) & By Applications (Drilling, Hydraulic Fracturing & Others) Companies Report.

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  • |Published Month : November, 2024
  • |No. of Pages : 180

The global Oil and Gas Biocides Market Size is estimated to register 6.2% growth over the forecast period from 2023 to 2030.

 

 

Oil and Gas Biocides Market Overview

The continuous expansion of oil and gas exploration and production operations globally drives the demand for biocides. With the escalation in hydraulic fracturing (fracking) and water-intensive processes in oil and gas operations, there is a corresponding surge in the need for biocides in water treatment applications. Biocides that provide longer shelf life, compatibility with various operational conditions, and effective performance in controlling microbial-related issues, preferring to optimize operational expenditure are the key factors. Preventing or mitigating souring issues caused by sulfate-reducing bacteria (SRB) and controlling MIC, ensuring asset integrity and longevity are driving the market growth. Growing environmental awareness and stringent regulatory frameworks are pushing oil and gas companies to adhere to stricter environmental norms, thereby increasing the demand.

 

Oil and Gas Biocides Market 2023-2030

 

 

Oil and Gas Biocides Market Dynamics

Market Trends- Surge in Environmentally Friendly Biocides for Oil and Gas Biocides Market.

The heightened awareness of environmental sustainability urges oil and gas companies to adopt more eco-friendly practices and products. Consequently, there's a rising preference for biocide formulations that exhibit lower toxicity levels, reduced environmental impact, and biodegradability. Regulatory bodies worldwide are increasingly imposing stringent guidelines concerning the use and disposal of chemicals in industrial applications, including oil and gas operations.

Further, the adoption of environmentally friendly biocides represents a strategic move by oil and gas companies to improve their corporate image and demonstrate corporate social responsibility.

 

Market Driver- Growing Demand for Broad-Spectrum Biocides in Oil and Gas Biocides Market.

Primarily, the increasing complexity and diversity of microbial threats within oil and gas operations drive the demand for broad-spectrum biocides. Broad-spectrum biocides providing versatility in combating microbial threats across a spectrum of operational settings, allowing for a more uniform approach to microbial control and asset protection are fueling the demand.

Additionally, the increasing adoption of water-intensive processes such as hydraulic fracturing (fracking) and enhanced oil recovery techniques are escalating the need for effective biocides.

 

Market Opportunity- Mitigating Souring and Microbial-Induced Corrosion (MIC) in Oil and Gas Biocides Market.

The primary driver is the persisting concern over MIC and souring issues in oil and gas operations. Further, industries are seeking biocide solutions capable of effectively mitigating microbial proliferation in water-based systems to counteract corrosion and souring challenges. Asset deterioration, pipeline damage, and operational inefficiencies caused by MIC are attributed to the activities of sulfate-reducing bacteria (SRB) and other microorganisms leading the rise in the market growth.

Research and development efforts are focusing on developing advanced biocide solutions, including biocide blends, encapsulated biocides, and nano-based biocide formulations, enhancing efficacy in combating MIC and souring issues while reducing environmental impact.

 

Market Share Analysis- Tetrakis (Hydroxymethyl) Phosphonium Sulfate (THPS)will register the fastest growth.

The Global Oil and Gas Biocides Market is analyzed across Glutaraldehyde Chlorine Tetrakis (Hydroxymethyl) Phosphonium Sulfate (THPS) Quaternary Ammonium Others. Tetrakis (Hydroxymethyl) Phosphonium Sulfate (THPS)is poised to register the fastest growth. Tetrakis (Hydroxymethyl) Phosphonium Sulfate (THPS) is a chemical compound extensively used in the Oil and Gas Biocides Market for its biocidal properties and effectiveness in controlling microbial growth, particularly in oilfield applications. Its primary role in the oil and gas industry involves combating microbial-induced corrosion (MIC) and preventing souring issues caused by sulfate-reducing bacteria (SRB) that thrive in oilfield environments. Further, THPS degrades relatively quickly in the environment, reducing potential long-term ecological impact compared to some other biocides used in oil and gas operations.

 

Market Share Analysis- Drilling held a significant market share in 2023.

The Global Oil and Gas Biocides Market is analyzed across Drilling, Hydraulic Fracturing & Others. Of these, Drilling held a significant market share in 2023. During drilling activities in the oil and gas industry, biocides are employed to address microbial challenges present in drilling fluids, muds, and associated systems. These biocides are formulated to control microbial growth and prevent the formation of biofilms or slimes in drilling equipment. By inhibiting the proliferation of bacteria, fungi, and other microorganisms, biocides help mitigate the risk of corrosion, fouling, and equipment damage that could compromise drilling operations. Further, Biocides are crucial in offshore drilling, where unique environmental conditions make microbial control particularly critical due to the potential impact of marine microorganisms on equipment integrity.

 

Oil and Gas Biocides Market Segmentation

By Type

  • Glutaraldehyde
  • Chlorine
  • Tetrakis(Hydroxymethyl) Phosphonium Sulfate(THPS)
  • Quaternary Ammonium
  • Others

By Applications

  • Drilling
  • Hydraulic Fracturing
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Oil and Gas Biocides Market Companies

  • The Dow Chemical Company
  • Evonik Industries
  • Vink Chemicals
  • BASF
  • Clariant International Ltd
  • Akzo Nobel N.V.
  • Croda International Plc
  • Stepan Company
  • Solvay
  • Ecolab
  • Seatex Corp
  • Shrieve
  • Pilot Chemical Company
  • Nanotera Group

*List not exhaustive

Oil and Gas Biocides Market Outlook 2023

1 Market Overview

1.1 Introduction to the Oil and Gas Biocides Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Oil and Gas Biocides Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Oil and Gas Biocides Market Companies with Area Served

4.2.2 Products Offerings Global Oil and Gas Biocides Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Oil and Gas Biocides Market Trends

6.1 Global Oil and Gas Biocides Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Oil and Gas Biocides Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Oil and Gas Biocides Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Oil and Gas Biocides Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Oil and Gas Biocides Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Oil and Gas Biocides Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Oil and Gas Biocides Development Regional Status and Outlook

8.1 Global Oil and Gas Biocides Revenue (USD Million) By Regions (2018-2022)

8.2 North America Oil and Gas Biocides Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Oil and Gas Biocides Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Oil and Gas Biocides Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Oil and Gas Biocides Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Oil and Gas Biocides Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Oil and Gas Biocides Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

8.5 South America Oil and Gas Biocides Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Oil and Gas Biocides Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Oil and Gas Biocides Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Oil and Gas Biocides Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Oil and Gas Biocides Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Oil and Gas Biocides Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Oil and Gas Biocides Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Oil and Gas Biocides Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Oil and Gas Biocides Development Regional Status and Outlook Forecast

11.1 Global Oil and Gas Biocides Revenue (USD Million) By Regions (2023-2030)

11.2 North America Oil and Gas Biocides Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Oil and Gas Biocides Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Oil and Gas Biocides Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Oil and Gas Biocides Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Oil and Gas Biocides Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Oil and Gas Biocides Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Oil and Gas Biocides Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Oil and Gas Biocides Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Oil and Gas Biocides Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Oil and Gas Biocides Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Oil and Gas Biocides Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Oil and Gas Biocides Revenue (USD Million), by Applications (2023-2030)

11.5 South America Oil and Gas Biocides Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Oil and Gas Biocides Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Oil and Gas Biocides Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Oil and Gas Biocides Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Oil and Gas Biocides Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Oil and Gas Biocides Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Oil and Gas Biocides Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Oil and Gas Biocides Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Oil and Gas Biocides Market Companies with Areas Served

Table 3 Products Offerings Global Oil and Gas Biocides Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Oil and Gas Biocides Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Oil and Gas Biocides Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Oil and Gas Biocides Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 11 Global Oil and Gas Biocides Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Oil and Gas Biocides Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Oil and Gas Biocides Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Oil and Gas Biocides Market Share (%) By Regions (2018-2022)

Table 16 North America Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Table 17 North America Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 18 North America Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Table 26 South America Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 27 South America Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 33 Global Oil and Gas Biocides Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Oil and Gas Biocides Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Oil and Gas Biocides Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Oil and Gas Biocides Revenue (USD)By Country (2023-2030)

Table 38 North America Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 39 North America Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Table 47 South America Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 48 South America Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Oil and Gas Biocides Revenue Market Share (%) By Type (2022)

Figure 5 Global Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Oil and Gas Biocides Revenue Market Share (%) By Applications (2022)

Figure 7 Global Oil and Gas Biocides Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Oil and Gas Biocides Market Share (%) By Regions (2022)

Figure 9 North America Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Oil and Gas Biocides Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Oil and Gas Biocides Revenue Market Share (%) By Type (2030)

Figure 26 Global Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Oil and Gas Biocides Revenue Market Share (%) By Applications (2030)

Figure 28 Global Oil and Gas Biocides Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Oil and Gas Biocides Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Oil and Gas Biocides Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

By Type

  • Glutaraldehyde
  • Chlorine
  • Tetrakis(Hydroxymethyl) Phosphonium Sulfate(THPS)
  • Quaternary Ammonium
  • Others

By Applications

  • Drilling
  • Hydraulic Fracturing
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)