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Global Production Chemicals Procurement Market Intelligence Report 2018 – ResearchAndMarkets.com

The “Global
Production Chemicals – Procurement Market Intelligence Report”
report has been added to ResearchAndMarkets.com’s
offering.

The report provides actionable insights to improve source-to-contract
cycle performance in the Global Production Chemicals Market. It helps
sourcing professionals formulate better category strategies, enhance
savings, understand supplier and market challenges, and implement
sourcing best practices.

The report provides up-to-date information about market shifts and
potential risks, as well as in-depth knowledge of products and services,
which can help in planning and in executing category management
activities. It focuses on the cost-saving aspects of procurement and on
providing insights that can lead to optimization of category spend.

Rapid growth in the production of oil, increasing need to improve oil
production to enhance profitability, and growing need to reduce
environmental risks associated with oil production are driving the
growth of the global production chemicals market.

Also, the oil industry is the primary end-user of production chemicals.
An increase in oil production across the globe and growing production of
oil and gas from unconventional oil wells that require specialized
production chemicals are further driving the demand for production
chemicals.

One of the procurement best practices for buyers is to engage with
suppliers that offer support on operational data analytics and expert
consultation services to optimize production process.

According to the report, one of the key growth contributors for the
global production chemicals supply market is a drop in global oil prices
and increased competition from substitute energy sources such as wind,
nuclear, and solar installations.

Further, the report states that a major procurement challenge faced by
the buyers is the difficulty in measuring supplier’s capability to
deliver goods on time and in full quantity as mentioned in POs.

Key Topics Covered

1. Category at a Glance

2. Scope of the Report

3. Market Insights

4. Supply Market Insights

5. Pricing Insights

6. Procurement Insights

7. Top Five Suppliers

For more information about this report visit https://www.researchandmarkets.com/research/jw68sz/global_production?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005663/en/