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Oil & Gas Production Chemicals North America

The oilfield chemicals market is expected to grow at a CAGR of 5% driven by increasing demand for petroleum-based fuel from the transportation industry.

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    Oil & Gas Production Chemicals North America Suppliers


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    Sample Supplier
    Company
    BASF SE
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.


    Creditsafe Rating


    D/2

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated


    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    60
    Social
    59
    Governance
    57
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    68
    Community Environment
    42
    Corporate governance
    60
    Human resources
    61
    Security Scorecard
    82

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    62
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    81
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    85
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    94
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    basf.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    17
    Workforce Health Safety Issues
    0
    Product Service Issues
    22
    Human Rights Issues
    3
    Production Supply Chain Issues
    35
    Environmental Non Compliance Flags
    74
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    21
    Fraud Issues
    8
    Labor Health Safety Flags
    12
    Regulatory Issues
    13
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    49
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    Yes

    Oil & Gas Production Chemicals North America market report transcript


    Regional Market Outlook on Oil & Gas Production Chemicals

    Corrosion Inhibitors Market Overview

    The major price drivers for Corrosion Inhibitors will depend on the demand from the two major downstream applications -  the Power generation followed by The Oil & Gas industry. As most corrosion inhibitors are amine/amide based and contain nitrogen groups, prices will also depend on ammonia and nitrogen.

    Demand from downstream applications – The need for Power is witnessing a tremendous surge in demand especially in Asian and African countries and is expected to be the largest consumer of corrosion inhibitors till 2022.  The oil and gas industry incurs a cost of ~ 1.4 billion USD every year due to corrosion making it the second largest user of corrosion inhibitors.

    Growth rate for oilfield corrosion inhibitors  – The overall growth rate of corrosion inhibitors market is expected to be around4.5-5%. However, the growth rate for the oil and gas industry is expected to be slightly lower. It depends largely on crude oil prices; as prices are expected to be stable or witness a declining trend after 2019, growth rates could lie in the range of 4-4.5%.

    Major oilfield corrosion inhibitors – These include amides/imidazolines, Nitrogen quaternaries, Nitrogen heterocyclics, salts of nitrogeneous molecules with carboxylic acids, Polyoxyalkyated amines.

    Types of corrosion inhibitors – There are two types of corrosion inhibitors – water based and oil based. Water based corrosion inhibitors was the largest application type owing to more eco-friendly properties such as lower volatile organic content emissions. They are more economical, turn transparent on drying, can be applied using a variety of methods and can be easily removed using water based cleaners as compared to the traditional oil based ones.

    H2S Scavengers Market Overview

    H2S Scavengers are a type of corrosion inhibitor with the major demand and price driver being the Oil & Gas industry. Ethanolamines are the most common type of H2S scavengers used and also play a role in driving prices.

    • Growth rates - H2S Scavengers are a type of corrosion inhibitor/scavenger which is used to treat sour corrosion which is the process of removing the highly toxic and pungent H2S gas. The process of removing H2S gas is called gas sweetening. Regenerative scavengers are preferred over the non-regenerative ones.  Growth rates are expected to lie in the range of 2.5-3%.
    • Regenerative scavengers - Among the regenerative scavengers, amine based solutions are commonly used. Most modern gas sweetening processes are MDEA-based as they typically absorb only H2S gas.  MEA, DEA and DGA absorb other gases such as CO2 apart from H2S.
    • Non-regenerative scavengers -Triazine scavengers are the most common type of non-regenerative scavenger used.
    • Downstream applications - H2S scavengers are predominantly used during Oil and Gas production processes as well as for Waste water treatment purposes. It is used for the removal of H2S gas from gas streams, sour hydrocarbon liquids, sour liquid vapor tank spaces, etc.
    • Price drivers – The major price drivers will be ethanolamine prices (as it is the most common H2S scavenger used) which are in turn dependent on ethylene and ammonia prices. Prices are also driven by the demand from crude oil and natural gas production.

    Biocides Market Overview

    Oil & Gas application is not the major downstream application of biocides. The major price drivers are the Water treatment and Paints & Coatings industry.  

    • The global oilfield biocides market is expected to grow at a CAGR of 4% while the biocides market is projected to grow at 5%.
    • The major oilfield biocides by type include Glutaraldehyde,  Chlorine,  Tetrakis(hydroxymethyl)phosphonium sulfate (THPS), Quaternary ammonium, Peracetic acid and 2,2-dibromo-3-nitrilopropionamide (DBNPA).
    • Major trends in the market – Combined use of biocides with microbiocides for better microbial control solutions. For eg: Microbiocides such as Tris (hydroxymethyl) nitromethane (THNP) that control the growth and proliferation of common oilfield bacteria  are paired with biocides such as Glutaraldehyde. THNP is used to control the spread of acid producing and sulfate reducing bacteria.
    • Increasing use of CIO2 as a biocide due to rapid development of hydraulic fracturing and unconventional shale gas extraction
    • Major driver – Increasing problems associated with microbiological growth in the oilfield industries.
    • Major constraint – Known to be ecotoxic, allergic and carcinogenic to humans. It can disrupt the endocrine system in humans.
    • Price Drivers – Demand from water treatment , Paints & Coatings industry along with feedstock prices.

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