Short Description
Middle East and Africa Polyglycolic Acid Market in Oil & Gas Industry By Form (Powder/Granular, Fibrous Materials, Films, and Others) and Application (Scale Control and Remediation, Horizontal Well Stimulation, Gypsum Removal, Metal Naphthenate Dissolution, Removal Of Water Soluble Organics, Hydraulic Fracturing, Downhole Tools, Pressure Management, Well Control, Oil Extraction, and Others), Industry Trends and Forecast to 2029
Market Definition
Polyglycolic acid (PGA), is a biodegradable polymer consisted of a simple linear aliphatic polyester. PGA is synthesized from glycolic acid monomers through polycondensation or ring-opening polymerization. It is a bulk degrading polymer with low solubility in water and organic solvents because of its high degree of crystallinity. The component is highly crystalline and consequently it presents a high melting point and low solubility in organic solvents.
Middle East and Africa polyglycolic acid market in oil & gas industry is segmented into two notable segments which are based on form and application.
Based on form, the Middle East and Africa polyglycolic acid market in oil & gas industry is segmented into powder/granular, fibrous materials, films and others
Based on application, the Middle East and Africa polyglycolic acid market in oil & gas industry is segmented into scale control and remediation, horizontal well stimulation, gypsum removal, metal naphthenate dissolution, removal of water soluble organics, hydraulic fracturing, downhole tools, pressure management, well control, oil extraction and others
Market Players
The major market players engaged in the Middle East and Africa polyglycolic acid market in oil & gas industry are:
KUREHA CORPORATION
The Chemours Company
TABLE OF CONTENTS
1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.3 OVERVIEW OF THE MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY 19
1.4 LIMITATIONS 21
1.5 MARKETS COVERED 21
2 MARKET SEGMENTATION 23
2.1 MARKETS COVERED 23
2.2 GEOGRAPHICAL SCOPE 24
2.3 YEARS CONSIDERED FOR THE STUDY 25
2.4 CURRENCY AND PRICING 25
2.5 DBMR TRIPOD DATA VALIDATION MODEL 26
2.6 FORM LIFE LINE CURVE 29
2.7 MULTIVARIATE MODELING 30
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
2.9 DBMR MARKET POSITION GRID 32
2.10 MARKET APPLICATION COVERAGE GRID 33
2.11 DBMR MARKET CHALLENGE MATRIX 34
2.12 VENDOR SHARE ANALYSIS 35
2.13 SECONDARY SOURCES 36
2.14 ASSUMPTIONS 37
3 EXECUTIVE SUMMARY 38
4 PREMIUM INSIGHTS 41
4.1 CLIMATE CHANGE SCENARIO 42
4.2 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, PESTEL ANALYSIS 44
4.2.1 OVERVIEW 44
4.2.2 POLITICAL FACTORS 44
4.2.3 ECONOMIC FACTORS 45
4.2.4 SOCIAL FACTORS 45
4.2.5 TECHNOLOGICAL FACTORS 45
4.2.6 ENVIRONMENTAL FACTORS 46
4.2.7 LEGAL FACTORS 46
4.2.8 CONCLUSION 46
4.3 BUYERS LIST 47
4.4 SUPPLIERS LIST (GLYCOLIC ACID) 47
4.5 PORTERS FIVE FORCES: 48
4.6 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, RAW MATERIALS COVERAGE 50
4.7 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, REGULATION COVERAGE 51
4.8 SUPPLY CHAIN ANALYSIS 53
4.8.1 OVERVIEW 53
4.8.2 LOGISTIC COST SCENARIO 53
4.8.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 53
4.9 VENDOR SELECTION CRITERIA 55
4.10 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS IN PRODUCTION 56
4.10.1 CONVENTIONAL METHOD/ MELTING OF GLYCOLIC ACID OLIGOMER(GAO) 56
4.10.2 DEHYDRATING REACTION 56
4.10.3 RING-OPENING POLYMERIZATION 56
5 MARKET OVERVIEW 57
5.1 DRIVERS 59
5.1.1 RISING USE OF PGA IN SHALE GAS AND OIL EXPLORATION 59
5.1.2 INCREASING OIL AND GAS DRILLING OPERATIONS AROUND THE WORLD 59
5.1.3 APPLICATION OF PGA ENSURES HIGH GAS-BARRIER PERFORMANCE 60
5.2 RESTRAINTS 61
5.2.1 HIGH COST OF PRODUCTION FOR PGA 61
5.2.2 STRICT GOVERNMENT REGULATIONS OF THE OIL AND GAS SECTORS 62
5.3 OPPORTUNITIES 62
5.3.1 RISE IN R&D ACTIVITIES OF PGA 62
5.3.2 GROWING USE OF PGA IN FRESH WATER AND HIGH-SALINITY WATER FRACTURING PROCESSES 63
5.4 CHALLENGES 63
5.4.1 FLUCTUATIONS IN THE PRICES OF NATURAL GAS 63
5.4.2 VOLATILITY OF OIL PRICES 64
6 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, BY FORM 65
6.1 OVERVIEW 66
6.1.1 FIBROUS MATERIALS 67
6.1.2 POWDER/GRANULAR 68
6.1.3 FILMS 69
6.1.4 OTHERS 70
7 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, BY APPLICATION 72
7.1 OVERVIEW 73
7.1.1 OIL EXTRACTION 75
7.1.2 HYDRAULIC FRACTURING 75
7.1.3 DOWNHOLE TOOLS 76
7.1.4 SCALE CONTROL AND REMEDIATION 77
7.1.5 HORIZONTAL WELL STIMULATION 78
7.1.6 GYPSUM REMOVAL 79
7.1.7 METAL NAPHTHENATE DISSOLUTION 80
7.1.8 REMOVAL OF WATER SOLUBLE ORGANICS 81
7.1.9 WELL CONTROL 82
7.1.10 PRESSURE MANAGEMENT 83
7.1.11 OTHERS 84
8 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, BY GEOGRAPHY 86
8.1 MIDDLE EAST AND AFRICA 87
8.1.1 SAUDI ARABIA 93
8.1.2 UNITED ARAB EMIRATES 95
8.1.3 SOUTH AFRICA 97
8.1.4 EGYPT 99
8.1.5 ISRAEL 101
8.1.6 REST OF MIDDLE EAST AND AFRICA 103
9 MIDDLE EAST & AFRICA POLYGLYCOLIC ACID MARKET IN OIL & GAS INDUSTRY, COMPANY LANDSCAPE 104
9.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 104
9.1.1 EXPANSIONS 105
10 SWOT ANALYSIS 106
11 COMPANY PROFILES 107
11.1 KUREHA CORPORATION 107
11.1.1 COMPANY SNAPSHOT 107
11.1.2 REVENUE ANALYSIS 107
11.1.3 COMPANY SHARE ANALYSIS 108
11.1.4 PRODUCT PORTFOLIO 108
11.1.5 RECENT UPDATES 108
11.2 THE CHEMOURS COMPANY 109
11.2.1 COMPANY SNAPSHOT 109
11.2.2 REVENUE ANALYSIS 109
11.2.3 COMPANY SHARE ANALYSIS 110
11.2.4 PRODUCT PORTFOLIO 110
11.2.5 RECENT UPDATES 111
12 QUESTIONNAIRE 112
13 RELATED REPORTS 115