Demand for demulsifier in crude oil production is one of the significant factors influencing the market growth.
Market Size – USD 1.94 Billion in 2019, Market Growth - CAGR of 3.8%, Market Trends – Growing demand from power plants
Reports and Data’s latest industry analysis report titled ‘Global Demulsifier Market’ provides the reader with an exhaustive overview of the Demulsifier industry. The report is inclusive of a concise market summary and contains market projections based on the present market situation, current market size, and revenue growth rate. The report elaborates on the key market dynamics including market growth drivers, opportunities, threats, and challenges. In this report, market analysts at Reports and Data have emphasized the ever-changing market growth patterns and the dynamic environment of the industry. Key attractions of the report include List of Tables and Figures, Research Methodology, Competitive Landscape, Regional Analysis, Technological Breakthroughs, and Future Market Developments.
A surge in the product demand for sludge oil treatment is causative of the market growth. The leftover oil in wastewater is primarily the emulsified and soluble oil. Therefore, a demulsifier of very high efficacy is deployed to withdraw oil further and eradicate contaminants from water. A neutral demulsifier finds usage to improve the quality of recovered-oil and to lessen corrosion of the equipment.
The advancements in drilling technology, dynamic positioning equipment, and floating production and drilling units have made the prospects feasible that were previously unreachable. This progress is one of the main aspects, which is triggering the growth of the demulsifiers market.
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Further key findings from the report suggest
- By type, water-soluble demulsifier is likely to grow at a rate of 3.6% in the forecast period. Water-soluble demulsifiers are effortlessly blended with emulsion, and the process of breaking occurs straightaway. It is non-toxic and non-hazardous in nature and eliminates the salinity of the wastewater.
- By distribution channel, offline held a larger market share in 2019. The solid sulfur industry is very offline-intensive and witnesses transparency. The offline channel necessitates the requirement of substantial investment of time by the buyer and high selling costs, along with considerable knowledge of the market on the seller side.
- By application, lubricant manufacturing is likely to grow at a rate of 4.4% in the forecast period, owing to the application of the product in lubricant manufacturing where emulsion formulation could be damaging to the lubricant formulation, such as, in gear oils for industrial and hydraulic usage.
- North America is estimated to experience a growth rate of 3.4% in the forecast period, attributed to an increase in shale gas operation and projects from oil production from oil sands in the Gulf of Mexico and Canada.
Key participants include BASF SE, The Dow Chemical Company, Halliburton, Innospec Inc., Nouryon, Clariant, Schlumberger Ltd., Baker Hughes, Momentive Performance Materials Inc., and Ecolab Inc., among others.
Regional Outlook
The key regions covered in the report are as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmnetation:
Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
- Water-Soluble
- Oil-Soluble
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
- Online
- Offline
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
- Crude Oil Production
- Petroleum Refineries
- Oil-Based Power Plants
- Lubricant Manufacturing
- Sludge Oil Treatment
- Others
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Table of Contents:
Report Overview
1.1 Research Scope
1.2 Key Demulsifier market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Demulsifier market size
2.2 Latest regional market trends
2.3 Emerging growth trends
Competitive Outlook
3.1 Global Demulsifier market key players
3.2 Global Demulsifier size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Demulsifier market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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