Global Crude Oil Flow Improvers Market: Regional Insights
North America accounted for the largest market share in the global crude oil flow improvers market. Increasing drilling activities along with cost deflation, and efficiency improvements in the exploration and production activities are some of the factors that can propel growth of crude oil flow improvers market in this region. The market in Africa is expected to witness significant growth in the global crude oil flow improvers market over the forecast period, owing to increasing focus of major players in this region to enhance their revenue and market presence. However, lower oil prices is expected to hamper growth of the global crude oil flow improvers market. Low oil prices leads to reduction in petroleum enterprises’ upstream profits, and restricts exploration, development activities, and investments.
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