Production Chemicals Market Growth Steady on Increasing Demand for Petroleum and Oilfield Processes

The production chemicals market offers lucrative opportunities for suppliers owing to the rising demand from petroleum and upstream oil & gas processes. The global production chemicals market size is estimated to be valued at US$ 35 billion in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2031.

Production chemicals are extensively used in oil & gas operations for production enhancement, reservoir protection and environmental safety.
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