Excessive supply of oil worldwide, has pushed down oil prices. Countries such as the U.S. have made considerable investments in unconventional drilling technologies, such as hydraulic fracturing (fracking). Hence, the U.S. cannot afford to cut down production so as to reduce dependency on shale oil import and subsequently reducing the price of the end product.

Complete report on Crude Oil Flow Improvers (COFI) Market spread across 111 pages, profiling 9 companies and supported with 32 tables and 58 figures is now available at
http://www.rnrmarketresearch.com/crude-oil-flow-improvers-cofi-market-by-type-paraffin-inhibitors-asphaltene-inhibitors-scale-inhibitors-drag-reducing-agents-and-hydrate-inhibitors-application-extraction-pipeline-and-refinery-supply-m-st-to-2021-market-report.html
Paraffin inhibitor is the fastest-growing segment of the global COFI market. This high growth is attributed to its use during crude oil production and transportation. It helps in eliminating the effects caused due to deposition of wax during crude oil production and transportation. As the production of heavy and waxy crude oil from Venezuela and Russia and shale crude in the U.S. continues to rise, the demand for paraffin inhibitors is expected to increase.
Major oil & gas companies prefer procuring COFI products directly from the suppliers by issuing tenders. Key manufacturers such as Halliburton/Baker Hughes, Schlumberger, which also provide oilfield services such as drilling and production, consume these chemicals in bulk amounts, internally, for their operations. Remote locations are catered through distributors.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (20%); Tier 2 (32%) and Tier 3 (48%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (18%), Directors Level (27%) and other (55%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (35%), Europe (30%), Asia-Pacific (20%), the Middle East & Africa (10%), and South America (5%).

The key companies profiled in this market research report are The Halliburton Company (U.S.), Baker Hughes (U.S.), Nalco Champion (U.S.), BASF SE (Germany), Schlumberger (U.S.), Clariant (Switzerland), DorfKetal (India), Lubrizol Specialty Products, Inc. (U.S.), and Infineum (U.K.).

Ask for a discount before order a copy of Crude Oil Flow Improvers (COFI) Market by Type (Paraffin Inhibitors, Asphaltene Inhibitors, Scale Inhibitors, Drag Reducing Agents, and Hydrate Inhibitors), Application (Extraction, Pipeline, and Refinery), Supply Mode - Global Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=698271
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Compressor Oil Market by Compressor Type (Positive Displacement and Dynamic), Base Oil Type (Synthetic, Semi-Synthetic, Mineral and Bio-based), End-Use Industry (Manufacturing, Oil & Gas, Power, and Automotive) & by Region - Global Forecast to 2021. The market size of compressor oil is expected to reach USD 83.97 billion by 2021, registering a CAGR of 6.1% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/compressor-oil-market-by-compressor-type-positive-displacement-and-dynamic-base-oil-type-synthetic-semi-synthetic-mineral-and-bio-based-end-use-industry-manufacturing-oil-gas-power-and-automotive-by-st-to-2021-market-report.html .
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