Global Oil & Gas Water Treatment Chemicals Market 2019-2024 - Scale and Corrosion Inhibitors to Dominate the Market
SUEZ AMERICAN DEPOSITARY RECEIPTS - UNSPONSORED (SZEVY)
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Source: GlobeNewswire
Dublin, July 02, 2019 (GLOBE NEWSWIRE) -- The "Oil & Gas Water Treatment Chemicals Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The market for oil & gas water treatment chemicals is expected to grow at a CAGR of over 4%One of the key driving factors of the market growth is rising shale gas extraction leading to water contamination. However, the availability of technological alternatives for water treatment is likely to restrain market growth. Expansion of oil refineries across the world is also likely to boost the demand for oil & gas water treatment chemicals.Shifting focus toward the usage of green chemicals is likely to provide opportunities for the market growth in the future.Asia-Pacific is likely to witness the highest growth rate during the forecast period. Key Market TrendsScale and Corrosion Inhibitors to Dominate the Market Corrosion inhibitors, when added in small amounts to the
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