Demulsifier Market — Global Industry Analysis and Forecast 2020 to 2027

Global Demulsifier Market: Key Highlights

• According to the new market research report “Demulsifier Market by Type (Oil Soluble, Water Soluble), by Application (Paints Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil-based Power Plants, Sludge Oil Treatment, Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) — Global Forecast (2020 to 2027)”, the global demulsifiermarket is estimated to reach USD 3.2 Billion by 2027 at a CAGR of around 4.2% during the review period.
• 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 helps to reduce surface tension between the water droplets as well as increases the speed of separation.

Global Demulsifier Market: Key Market Dynamics

• Increase in demand for crude oil production worldwide has expected to surge the demand for the product market during the forecasted period
• Growing demand for lubricants from the growing automotive industry particularly in emerging economies of China, Brazil, Mexico, and India haveanticipated the demand for demulsifiers over the forecasted period
• Stringent environmental regulations have restricted the use of toxic organic chemicals used to manufacture demulsifier which is expected to have a negative impact on the market.

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Global Demulsifier Market: Regional Overview

• Middle East & Africa

Middle East & Africa has anticipated dominating the demand fordemulsifier market during the forecasted period. This has attributed tothe presence of significant oil & gas reserves. Middle East is a lucrative market for demulsifiers. Key oil producing nations in the region such as Iran, Iraq, Saudi Arabia, the UAE, and Kuwait are expected to drive the demand for demulsifiers in the near future.

• North America

The Demulsifiermarket in the North American region is projected to witness high demand due to increase in oil & gas industry. According to Energy Information Administration (EIA), in 2018 the U.S. petroleum and natural gas production wereincreased by 16% and 12% respectively. The U.S. became the largest producer of natural gas by surpassing Russia in 2018. Thus, owing to the emerging oil & gas industry will further surge the demand for demulsifiermarket in the region.

Global Demulsifier Market: Key Players Overview

• Nouryon:

Nouryonis a global manufacturer of productssuch as paper, plastic, building material, food, pharmaceutical, and personal care items. The company has a global footprint with the presence of more than 80 countries across the globe. Nouryon portfolio of industry-leading band includes Eka, Dissolvine, Trigonox, and Berol. In Oct 2019, Nouryon announced a range of demulsifier which will provide oil producer with a more sustainable option to separate crude oil from natural gas and water.

• Honeywell International Inc.:

Honeywell International Inc. is engaged in the invention and commercialization of technologies for overcoming the challenges across energy, safety, security, productivity, and global urbanization. It operates through fourbusiness segments, i.e., aerospace, Honeywell building technologies, performance materials and technologies, and safety and productivity solutions.

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