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Global Xylenols Market Size
- Report ID: GMI3980
- Published Date: Jan 2022
- Report Format: PDF
Global Xylenols Market Size
Global xylenols market was valued at over USD 2.6 billion in 2020 and is estimated to grow at over 6% CAGR through 2027 owing to the increasing demand from petroleum and polymer industries. Positive outlook for the oilfield chemicals industry is anticipated to fuel the product demand over the forecast timeframe.
Oil field services include well completion equipment & services, well intervention services, coiled tubing services, pressure pumping services, Oil Country Tubular Goods (OCTG), and wireline services. There is an increased demand for global oilfield services owing to the rising oil & gas exploration across the globe due to escalating need for energy by residential & commercial sectors.
Xylenols are widely used in oilfield biocide chemicals manufacturing for utilization in oil well treatment process. These help to prevent down hole emulsions and help in improving long-term production after fracturing. The growing demand for xylenol chemicals in various oilfield activities, such as sustainable oil exploration, extraction, and production, may drive the xylenols market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Xylenols Market Size in 2020: | 2.60 Billion (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 6% |
| 2027 Value Projection: | 3.9 Billion (USD) |
| Historical Data for: | 2016 to 2020 |
| No. of Pages: | 215 |
| Tables, Charts & Figures: | 227 |
| Segments covered: | Product, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Xylenols Market Scope
