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The development trend of global chemical
The development trends of the global chemical industry mainly include the following aspects:
Market growth and regional differences: In 2025, global chemical production is expected to continue to maintain positive growth, with a growth rate of approximately 3.1%. The Asia Pacific region will become the main driving force behind the growth of global chemical production, while Europe will recover from a significant decline. In specific regions, North America dominates the oilfield chemical market, followed by the Middle East, Latin America, and Africa.
Industry challenges and opportunities: The global chemical industry is facing challenges such as sluggish economic growth, weak markets, and geopolitical tensions. However, with the development of environmental requirements and intelligent technology, the demand for environmentally friendly and intelligent oilfield chemicals is increasing. In addition, the strengthening of environmental regulations in the context of global climate change has also brought new growth opportunities for chemical enterprises.
Technological innovation and investment trends: The oilfield chemical industry has attracted a large amount of investment, especially in the fields of environmentally friendly and intelligent oilfield chemicals. At the same time, chemical enterprises improve operational efficiency, control costs, and enhance profitability by promoting green and intelligent means.
Sustainable development and environmental requirements: In the context of global climate change, governments around the world have strengthened their environmental regulations for the chemical industry. The growth potential and operational sustainability of chemical enterprises increasingly rely on their ability to adapt to the constantly emerging environmental policies and regulations. For example, the European Union has introduced the EU Carbon Border Adjustment Mechanism (CBAM).