COVID Impact: Demulsifier Market is Projected to Reach a Value of Over USD 3.2 Billion by 2027
The Global Demulsifier Market is projected to reach a value of over USD 3.2 billion by 2027 at a CAGR of around 4.2%.
Demulsifier are class of speciality chemicals which interrupts liquid emulsion from forming. It is also known as emulsion breaker as it separates water from the emulsion, helping in reducing the operation cost and reducing waste and disposable cost. Demulsification is a process which reduces the electrostatic force of repulsion between water droplets and brings all dispersed water droplets to close through flocculation. It reduces the surface tension between the water droplets as well as increases the speed of separation.
Demulsifier Market: Drivers & Challenges
Increasing Crude Oil Production Across the Globe
Increase in demand for crude oil production across the globe has expected to surge the demand for demulsifier market during the forecasted period. Rising demand for energy acts as a key driver for oil production, this is further anticipated to positively influence the demand for demulsifier. According to the Energy Information Administration (EIA), global petroleum consumption was 100.81 million barrels per day in 2018. Demulsification is carried out for desalting of crude oil, in which salt and water are removed. If not done effectively, water and salt present in crude oil may create hindrance during the refining process and which may lead to rusting and corrosion of equipment.
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Stringent Environmental Regulations
Impact of chemicals used during the manufacturing of demulsifier on the environment has posed one of the major restraints in the growth of demulsifier markets. According to world data, globally we emit over 36 billion tons of CO2 every year and continuing to increase. Owing to this government from various countries are imposing stringent regulations to limit its use. For instance, the Environmental Protection Agency jointly with the National Highway Traffic Safety Administration (NHTSA) has imposed greenhouse gas emission standards.
Demulsifier Market: Key Segments
- Segmentation based on type: Oil Soluble and Water Soluble.
- Segmentation based on application: Paints Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil-based Power Plants, Sludge Oil Treatment and Others.
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
Demulsifier Market: Report Scope
The report on the demulsifier market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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List of the leading companies operating in the Demulsifier Market include:
- Nouryon(Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- BASF SE
- Baker Hughes Company
- Croda International Plc
- Schlumberger Limited
- Huntsman International LLC
- Dorf Ketal Chemicals (I) Pvt. Ltd.
- REDA GROUP
- SI Group, Inc.
- Other Key Companies
Demulsifier Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Demulsifier Market, by Type
- Oil Soluble
- Water Soluble
Demulsifier Market, by Application
- Crude Oil
- Petro Refineries
- Sludge Oil Treatment
- Lubricant Manufacturing
- Oil-based Power Plants
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Demulsifier Market by Region
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
- North America (US, Canada, Mexico)
- Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
- South America (Brazil, Argentina, Rest of South America)
Key Questions Answered by The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
Table of Content
- RESEARCH DESIGN & SCOPE
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
- INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
- GLOBAL DEMULSIFIER MARKET BY TYPE, Market Size in USD Million and Volume (Tons) (2019–2027)
- GLOBAL DEMULSIFIER MARKET BY APPLICATION, Market Size in USD Million and Volume (Tons) (2019–2027)
- GLOBAL DEMULSIFIER MARKET BY REGION, Market Size in USD Million and Volume (Tons) (2019–2027)
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
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