IHS Chemical Week

Chemical Week Magazine :: Specialty Chemicals

North American Shale Boom Driving Demand Growth

7:14 AM MST | February 10, 2012 | –Robert Westervelt

The market for oilfield chemicals is set to grow at an annualized rate of 3.5% over the next five years driven by rapid expansion of shale oil and gas production in North America, according to an IHS Chemical market study. Sales in the oilfield chemicals market reached nearly $16 billion in 2010, with the U.S. and Canada accounting for more than $8 billion, or 53%, of the market, according to IHS Chemical. The market is expected to increase to $19 billion by 2015, the study says. “Due to favorable oil and gas prices and advances in technology, there has been a...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa