Evolving innovation in oilfield chemicals is one of the key reasons for an exponential growth of the sector. Projected to hit $35 billion market size by 2030 at a compound annual growth rate of 3.2%, the demand of speciality chemicals will be on surge in coming times, with rise in demand for oil & gas feedstock. The progress in field exploration and deep-water drilling advancements will only add to the rise. The industry undergoes most critical processes and operational procedures, and thereby requires easy, smooth and sophisticated methods for exploitation. As a consequence, speciality chemicals for oil and gas have gained enormous attention in recent years, owing to the extensive role they have in hydrocarbon recovery which contributes to the economic growth of state affairs. Three main categories of this industry are Upstream, Midstream and Downstream, where Upstream deals with exploration and production, Midstream with transportation through pipelines and Downstream secto...
Chemtex enjoys a considerable market share in speciality chemicals section with branches catering Agriculture, Water Treatment, Cleaning & Hygiene, Housekeeping & Laundry, Engine Care, Refrigeration & Air Conditioning, Oil & Gas, and other Industry specific sections.