The global oilfield chemicals market, which was worth $19.74 billion in 2019, is expected to reach $32.18 billion by 2027 growing at a CAGR of 6.3% during the forecast period, said a Stratistics MRC report. Growth in oil exploration and production activities and the emergence of eco-friendly oilfield chemicals are the major factors propelling the market growth. However, crude oil price fluctuations and an increase in environmental concerns are hampering ...