Saudi Arabia Oilfield Chemicals Market: Current Analysis and Forecast (2025-2033)

Emphasis on Type (Commodity Oil Field Chemicals, Special Oil Field Chemicals); Oilfield Type (Offshore, Onshore); Application (Drilling Fluids & Additives, Production Chemicals, Completion Method, Stimulation Additives, Cementing Additives, Others); and Region.

Geography:

Saudi Arabia

Last Updated:

Sep 2025

Saudi Arabia Oilfield Chemicals Market Size & Forecast

Saudi Arabia Oilfield Chemicals Market Size & Forecast

The Saudi Arabia Oilfield Chemicals market was valued at USD 966.00 million in 2024 and is expected to grow at a strong CAGR of around 5.34% during the forecast period (2025-2033F), driven by increased upstream oil and gas activities and investments in expanding domestic energy production.

Saudi Arabia Oilfield Chemicals Market Analysis

Oilfield chemicals are chemicals that are used to enhance the efficiency, safety, and productivity of oil or gas operations. They are vitally imperative in drilling, production, stimulating, and cementing procedures. Such chemicals are used in controlling the formation pressure, reducing corrosion, controlling scale and wax deposits during the extraction of hydrocarbons.

The Saudi Arabian oilfield chemical market is also witnessing strategic deployments aimed at increasing oil production rates and enhancing the efficiency of drilling and maintaining previously drilled wells. Efforts are being made to use advanced stimulation and production chemicals that fit the geological profile of local reservoirs. A strong transition to combining environmentally friendly and high-performance chemical formulas that adhere to standards and regulations, and ensure intact functionality is observed. Additionally, the domestic manufacturing of major classes of chemicals is being enhanced to reduce dependency on imports and achieve a steady supply. They are also introducing digital monitoring tools to monitor chemical use and performance to optimise in real-time and to be cost-efficient in upstream operations. The implementations form the core of achieving the long-term vision of energy sustainability, technological enhancements, and operating excellence of Saudi Arabia in its oil and gas industry.

For example, on May 26, 2025, the governments of the Kingdom of Saudi Arabia and the State of Kuwait announced that Wafra Joint Operations had made a new oil discovery in the North Wafra Wara-Burgan field, located 5 kilometers north of the Wafra field. Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees.

 This marks the first discovery since the resumption of production operations in the Partitioned Zone and its adjacent offshore area in mid-2020. The discovery is regarded as highly significant, given its positive impact on both countries’ standing as reliable global energy suppliers and their capabilities in the exploration and production sector.

Saudi Arabia Oilfield Chemicals Market Trends

This section discusses the key market trends that are influencing the various segments of the Saudi Arabia Oilfield Chemicals market, as found by our team of research experts.

Expansion of Onshore and Offshore Drilling Activities

The growth of onshore and offshore drilling is a major trend contributing to the Saudi Arabia oilfield chemicals market. The nation is striving to extract the maximum possible output from old oilfields, besides exploring the untapped offshore reserves. The current drilling boom requires an increased amount and variety of specialty oilfield chemicals to enhance efficient extraction, minimize equipment corrosion, and ensure well integrity. Consequently, there is a gradual increase in demand for sophisticated formulations to suit the geologically diverse and the environmental complexities of these extended operations.

On 18 February 2025, Arabian Drilling is the largest onshore and offshore drilling company in Saudi Arabia by fleet size and Shelf Drilling, Ltd. (“Shelf Drilling”) announced the signing of a Memorandum of Understanding (“MOU”) with the intention of forming a strategic alliance (the “Alliance”) which aims to deploy some of Arabian Drilling’s premium jack-up rigs internationally and expand the reach and capabilities of both companies.

Saudi Arabia Oilfield Chemicals Market Segmentation

Saudi Arabia Oilfield Chemicals Industry Segmentation

This section provides an analysis of the key trends in each segment of the Saudi Arabia Oilfield Chemicals market report, along with forecasts at the regional and provincial levels for 2025-2033.

The special oil field chemicals market dominated the market share in 2024.

Based on the type, the market is segmented into commodity oil field chemicals and special oil field chemicals. Among these, the special oil field chemicals market held a significant market share in 2024. In Saudi Arabia, specialty chemicals are driving market growth, as they enable more convenient extraction procedures under conditions of high salinity, extreme temperatures, and great depth. These chemicals, which include corrosion inhibitors, demulsifiers, and scale inhibitors, have better performance than commodity alternatives. Moreover, it is increasingly being utilized as an operator to pursue efficiency, reliability, and extended well life in aging and high-value oil and gas assets. On March 1, 2022, Halliburton Company opened its First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia. Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range of chemicals for the entire oil and gas value chain, as well as many other industries. The facility expands Halliburton’s manufacturing footprint in the Eastern Hemisphere and strengthens and accelerates its ability to serve the chemical needs of Middle East customers.

The drilling fluids & additives segment held a dominant market share in 2024.

Based on application, the Saudi Arabia Oilfield Chemicals market is segmented into drilling fluids & additives, production chemicals, completion method, stimulation additives, cementing additives, and others. Among these, the drilling fluids & additives segment held a dominant market share in 2024. The adoption of this segment is huge because drilling activities are intensifying amid conventional and unconventional reservoirs. The drilling fluids are needed to support the wellbore, control the formation pressure, and take cuttings to the surface. As the wells are drilled deeper and more complexly, sophisticated fluid formulation is a major demand. On July 2, 2025, Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, announced that it had successfully secured contract extensions for four of its rigs with Aramco. The combined backlog value of SAR 1,374 million (USD 366.4 million) and durations varying between 1 to 10 years. This significant milestone elevates the company’s current backlog to SAR 11.1 billion (USD 2.96 billion).

Eastern Region leads the market

The Eastern Region held a dominant market share in 2024. The Saudi Arabian Eastern Region is the engine of the Saudi oil sector, boasting giant fields such as Ghawar and Safaniyah. The region experiences high drilling and production activity, resulting in sustained and high-scale demand for oilfield chemicals. It has a developed infrastructure with Jubail Industrial City, which allows the rapid supply and local production of specialty chemicals. The region's high level of logistics, proximity to the production area, and the density of refineries all make it one of the best markets for deploying chemical innovation. With investments in enhanced oil recovery (EOR) and unconventional resources, the demand for advanced oilfield chemicals is expected to continue increasing. On April 09, 2025, Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz announced that the Saudi Arabian Oil Company -Saudi Aramco- discovered fourteen Arabian oil and natural gas fields and reservoirs in the Eastern Region and the Empty Quarter. The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas. 

Saudi Arabia Oilfield Chemicals Market Trends

Saudi Arabia Oilfield Chemicals Industry Competitive Landscape

The Saudi Arabia Oilfield Chemicals market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.

Top Saudi Arabia Oilfield Chemicals Companies

Some of the major players in the market are RECP - Petrochemical (Renewable Energy Petrochemical Factory Ltd Co), OilField Production Chemical Factory, Oil Chemistry Industrial Company, Vision Chemicals, Halliburton Energy Services Inc., Baker Hughes Company, Meta Solutions Industrial Company, Saudi Multichem, Clariant Tamimi, and Arkema Chemicals Saudi Arabia.

Recent Developments in the Saudi Arabia Oilfield Chemicals Market

  • On April 24, 2025, two oil refineries will be built in India as part of Saudi Arabia’s USD 100-billion investment pledged to the South Asian nation, which would cover cooperation in multiple areas, including energy and petrochemicals. The projects, which will be built in partnership with the Indian government, and agreements to enhance cooperation with the world’s biggest crude exporter across various industries were announced on 22 April, during a state visit by Indian Prime Minister Narendra Modi to Saudi Arabia..

  • On February 11, 2024, in the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy, His Excellency Eng. Khalid Al-Falih, Minister of Investment; His Excellency Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources, Baker Hughes and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), formally inaugurated the previously announced joint venture (JV) chemicals manufacturing facility focused on providing oilfield and industrial chemicals in The Kingdom of Saudi Arabia (KSA). The facility will be known as the Saudi Petrolite Chemicals facility.

Saudi Arabia Oilfield Chemicals Market Report Coverage

Report Attribute

Details

Base year

2024

Forecast period

2025-2033

Growth momentum 

Accelerate at a CAGR of 5.34%

Market size 2024

USD 966.00 Million

Regional analysis

Central Region, Western Region, Eastern Region, Southern Region, Northern Region

Major contributing region

The Western Region is expected to grow at the highest CAGR during the forecasted period.

Companies profiled

RECP - Petrochemical (Renewable Energy Petrochemical Factory Ltd Co), OilField Production Chemical Factory, Oil Chemistry Industrial Company, Vision Chemicals, Halliburton Energy Services Inc., Baker Hughes Company, Meta Solutions Industrial Company, Saudi Multichem, Clariant Tamimi, Arkema Chemicals Saudi Arabia

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling

Segments Covered

By Type, By Oilfield type, By Application, and By Region 

Reasons to Buy the Saudi Arabia Oilfield Chemicals Market Report:

  • The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

  • The report briefly reviews overall industry performance at a glance.

  • The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

  • The study comprehensively covers the market across different segments.

Customization Options:

The Saudi Arabia Oilfield Chemicals market can further be customized as per requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.

Table of Content

Research Methodology for the Saudi Arabia Oilfield Chemicals Market Analysis (2023-2033)

We analyzed the historical market, estimated the current market, and forecasted the future market of the Saudi Arabia Oilfield Chemicals market to assess its application in major regions. We conducted exhaustive secondary research to gather historical market data and estimate the current market size. To validate these insights, we carefully reviewed numerous findings and assumptions. Additionally, we conducted in-depth primary interviews with industry experts across the Saudi Arabian Oilfield Chemicals value chain. After validating market figures through these interviews, we used both top-down and bottom-up approaches to forecast the overall market size. We then employed market breakdown and data triangulation methods to estimate and analyze the market size of industry segments and sub-segments.

Market Engineering

We employed the data triangulation technique to finalize the overall market estimation and derive precise statistical numbers for each segment and sub-segment of the Saudi Arabia Oilfield Chemicals market. We split the data into several segments and sub-segments by analyzing various parameters and trends, including type, oilfield type, application, and region within the Saudi Arabia Oilfield Chemicals market.

The Main Objective of the Saudi Arabia Oilfield Chemicals Market Study

The study identifies current and future trends in the Saudi Arabia Oilfield Chemicals market, providing strategic insights for investors. It highlights market attractiveness, enabling industry participants to tap into untapped markets and gain a first-mover advantage. Other quantitative goals of the studies include:

  • Market Size Analysis: Assess the current and forecast market size of the Saudi Arabia Oilfield Chemicals market and its segments in terms of value (USD).

  • Saudi Arabia Oilfield Chemicals Market Segmentation: Segments in the study include areas of type, oilfield type, application, and region.

  • Regulatory Framework & Value Chain Analysis: Examine the regulatory framework, value chain, customer behavior, and competitive landscape of the Saudi Arabia Oilfield Chemicals industry.

  • Regional Analysis: Conduct a detailed regional analysis for key areas such as the Central Region, Western Region, Eastern Region, Southern Region, and Northern Region.

  • Company Profiles & Growth Strategies: Company profiles of the Saudi Arabia Oilfield Chemicals market and the growth strategies adopted by the market players to sustain in the fast-growing market.

Frequently Asked Questions FAQs

Q1: What is the Saudi Arabia Oilfield Chemicals market’s current market size and growth potential?

Q2: Which segment has the largest share of the Saudi Arabia Oilfield Chemicals market by application?

Q3: What are the driving factors for the growth of the Saudi Arabia Oilfield Chemicals market?

Q4: What are the emerging technologies and trends in the Saudi Arabia Oilfield Chemicals market?

Q5: What are the key challenges in the Saudi Arabia Oilfield Chemicals market?

Q6: Which region dominates the Saudi Arabia Oilfield Chemicals market?

Q7: Who are the key players in the Saudi Arabia Oilfield Chemicals market?

Q8: What investment opportunities exist in Saudi Arabia’s oilfield chemicals market?

Q9: How is Saudi Arabia’s regulatory framework influencing the oilfield chemicals sector?

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