Demulsifiers Market Size by Revenue Expected to Reach USD 2.9 Billion by 2026

CHICAGO, December 7, 2021 / PRNewswire / – In-depth analysis and data-driven insights into the impact of COVID-19 included in this report on the Demulsifiers Market.

The demulsifiers market is expected to grow at a CAGR of over 4.02% during the period 2020-2026.

Highlights presented in the report:

  • The increased production of crude oil, new discoveries of oil reserves, the increasing number of mature oil fields and the growing demand for lubricants are the main growth drivers of the demulsifiers market.
  • The major changes in the demulsifier industry are the increasing adoption of green demulsifiers due to government regulations aimed at preserving aquatic life and the ecosystem, thus preventing the growth of chemical demulsifiers.
  • Oil soluble demulsifier and water soluble demulsifier are the two types of demulsifier. Oil soluble emulsion emerged as the largest demulsifier-type segment, which is expected to grow at a CAGR of 4.13% during the forecast period.
  • The Middle East is the largest and fastest growing regional demulsifiers market, accounting for over 39% of the market share.
  • While North America and Europe The demulsifiers market is expected to experience significant growth due to increased investment in the oil and gas industry and increased production of lubricants.

Key offers:

  • Market Size and Forecast by Revenue | 2020-2026
  • Market dynamics – Key trends, growth drivers, constraints and investment opportunities
  • Market Segmentation – A Detailed Analysis by Type, End Use and Geography
  • Competitive Landscape – 5 key vendors and 14 other vendors featured in the report

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Demulsifiers Market – Segmentation

  • Oil refining is one of the main segments contributing to the growth of the market. Strong demand for petroleum products such as kerosene, gasoline, diesel and others will drive the market growth.
  • The water-in-oil segment dominates the demulsifier market as water-in-oil emulsions are used during the exploration and extraction of crude oil. The production and transportation of petroleum by pipelines results in the formation of water-oil emulsions due to the presence of shear and pressure forces.
  • Water soluble demulsifiers mix easily with emulsions, making it easy to separate oil from water. The segment is expected to experience significant growth as it is non-toxic, available at a lower price, and no specific safety measures are required to handle the material. The global water soluble demulsifiers market is expected to reach $ 481.01 million by 2026.

Demulsifiers Market by Type

  • Oil soluble
  • Water soluble

Demulsifiers Market by End Use

  • Crude oil
  • Oil refinery
  • Lubricants
  • Oil sludge treatment
  • Others

Demulsifiers Market – Dynamic

The oil and gas industry is one of the main industries in any economy and plays a vital role in decision making for all other important sectors of an economy. In addition, the demand is driving huge investments from government as well as private actors across countries, which in turn provides a significant opportunity for demulsification players in the global market. Over the past decade, there have been several mergers and acquisitions between many companies. Mergers and acquisitions benefit companies by allowing better access to raw materials, production and distribution facilities, and R&D capabilities. For example, Baker Hughes, the world’s largest oilfield chemicals company, invested $ 595 million in 2020. Although established players dominate the market, the growth opportunities for small players and new entrants allow them to focus on capitalizing their product portfolios to meet the needs of domestic consumers are the main market drivers. demulsifiers.

Key Drivers and Trends Fueling Market Growth:

  • Growing demand due to increased production of crude oil
  • Increased production from mature oil fields
  • Growing fusion of chemical and physical demulsification techniques
  • Increase investments to stimulate oil deposits

Demulsifiers Market – Geography

New agreement put in place for car manufacturers who had to produce at least 75% of auto parts in Canada, Mexico, or the United States. Such developments in the automotive industry are driving the demand for demulsifiers in North America. Demulsifiers market in Canada has the presence of several dominant manufacturers such as AkzoNobel Canada, PPG Canada Inc, Sherwin-Williams Canada Inc, Schwartz Chemical Corporation, among others. In addition, the ongoing production of crude oil and future planning to meet increasing demand will significantly boost the demand for demulsifiers in the global market. The demulsifiers market in the Middle East & Africa thrives thanks to the presence of large oil and gas reserves in Saudi Arabia, Kuwait, Iran, Iraq, and the United Arab Emirates, among others. The demulsifiers market in the Middle East & Africa should reach $ 1,187.81 million by 2026.

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Demulsifiers Market by Geography

  • North America
  • Europe
    • Russia
    • Norway
    • UK
    • Germany
    • Italy
  • APAC
    • China
    • India
    • Malaysia
    • Thailand
  • Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Iraq
    • Iran
    • United Arab Emirates
    • Kuwait

Key suppliers

  • Baker Hugues
  • Evonik Industries
  • clarifying
  • DOW Chemical Company

Other important suppliers

  • Arkema
  • Lubrizol Company
  • Solvay Chemicals
  • Croda International Plc
  • Ecolab
  • Momentary
  • Stepan Company
  • Oxiteno
  • Innospec
  • King Industries
  • Rimpro India
  • Dorf Ketal
  • Roemex
  • SI Group

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