Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Asphaltene and Paraffin Inhibitors Strategic Markets Report 2022: Uptrend in Global Oil & Gas Sector Drives Market Momentum - Market to Reach $978.8 Million by 2027 from $715 Million in 2020 -

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
December 20, 2022 GMT

DUBLIN--(BUSINESS WIRE)--Dec 20, 2022--

The “Asphaltene and Paraffin Inhibitors: Global Strategic Business Report” report has been added to’s offering.

Global Asphaltene and Paraffin Inhibitors Market to Reach $978.8 Million by 2027

The global market for Asphaltene and Paraffin Inhibitors estimated at US$715.3 Million in the year 2020, is projected to reach a revised size of US$978.8 Million by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.

Offshore Oil, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$599.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Onshore Oil segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $209.3 Million, While China is Forecast to Grow at 4.4% CAGR


The Asphaltene and Paraffin Inhibitors market in the U.S. is estimated at US$209.3 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$174.1 Million by the year 2027 trailing a CAGR of 4.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:


  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Asphaltene and Paraffin Inhibitors: An Introductory Prelude
  • Recent Market Activity
  • Key Growth Drivers in Brief
  • Uptrend in Global Oil & Gas Sector Drives Market Momentum
  • Emphasis on Advanced Oilfield Chemicals & Flow Assurance Agents Spurs Demand
  • North America Dominates the Scenario
  • Developing Markets Promise Lucrative Potential
  • Middle East Evolves into Fastest Growing Market
  • Competitive Scenario
  • Leading Players in the Global Asphaltene and Paraffin Inhibitors Market
  • M&A Activity
  • Asphaltene and Paraffin Inhibitors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)


2. FOCUS ON SELECT PLAYERS (Total 32 Featured)

  • AES Arabia Ltd. (Saudi Arabia)
  • Akzo Nobel N.V. (The Netherlands)
  • Baker Hughes (BHGE) (USA)
  • Caradan Chemicals, Inc. (Canada)
  • Clariant (Switzerland)
  • Croda International Plc (UK)
  • EMEC (Egypt)
  • Force Chem Technologies (USA)
  • Halliburton (USA)
  • Innospec, Inc. (USA)
  • Janus Energy Resources (USA)
  • Kosta Oil Field Technologies, Inc. (USA)
  • LLC FLEK (Russia)
  • NALCO Champion (USA)
  • Newpark Resources, Inc. (USA)
  • Rocanda Enterprises Ltd. (Canada)
  • Roemex Limited (UK)
  • Schlumberger Limited (USA)



  • Negative Impact of Asphaltenes & Paraffins on Oil Operations: Cornerstone for Present & Future Growth of the Market
  • Asphaltene Inhibitors Facilitate Seamless Oil Production
  • Also Aid in Corrosion Prevention
  • Heavy Grade Crude Oil: High-Growth Market
  • Paraffin Inhibitors Alleviate Paraffin Damage in Highly Paraffinic Crudes
  • Deepwater Drilling Presents New Opportunities
  • Progressive Formulation Improvements Augment Performance & Functionality
  • FATHOM XT SUBSEA525 Asphaltene Inhibitor
  • Polyaminoamide - Eco-friendly Paraffin Inhibitor
  • Issues & Challenges
  • Uncertainty in Performance - A Market Dampener
  • Unintended Nature - A Serious Concern
  • Growing Importance of Dispersants


For more information about this report visit

View source version on


Laura Wood, Senior Press Manager


For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900



SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 12/20/2022 11:40 AM/DISC: 12/20/2022 11:41 AM