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Tuesday, 07 February 2012 10:30 |
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The oilfield specialty chemicals market grew to nearly $16 billion in 2010, driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, according to a new IHS Chemical global market study.
The market was particularly strong in the U.S. and Canada, which accounted for more than $8 billion or 52%, the IHS Chemical 2012 Oil Field Chemicals Report says.
Source: Hydrocarbon Processing
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