Press release
Demulsifier Market 2019 Analysis Report by Key Players as BASF SE (Germany), Ecolab (U.S.), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (the Netherlands), Clariant (Switzerland), Croda International Plc (UK)
Demulsifier is an active chemical used to separate emulsified water from crude oil during manufacturing processes. During oil exploration and production activities crude oil is produced in the oil in water form. Demulsifier is primarily remove significant quantities of saline water in order to prevent corrosion. They are classified as oil soluble demulsifier and water soluble demulsifier and find wide application scope in oil based power plants, petro refineries, lubricant manufacturing, crude oil, and sludge oil treatment.Global Key Players and Competition Analysis
Some of the prominent players operating in the Global Demulsifier Market are BASF SE (Germany), Ecolab (U.S.), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (the Netherlands), Clariant (Switzerland), Baker Hughes Incorporated (U.S.), Schlumberger Limited (U.S.), Halliburton (U.S.), Croda International Plc (UK), Momentive (U.S.), and others.
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Segmentation Analysis
The Global Demulsifier Market is categorized based on type, application, and region. Based on type, the market is bifurcated into oil soluble and water soluble. Based on application, the Demulsifier Market is categorized into crude oil, sludge oil treatment, oil-based power plants, petro refineries, lubricant manufacturing, and others. Based on region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Regional Analysis
The Middle East & Africa is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding oil & gas industry. The demand for Demulsifier is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the crude oil producers.
As of 2016, the U.S accounts for the largest market share and is followed by Canada in terms of value & volume and is estimated to grow with the moderate CAGR on account of growth in production of crude oil. Moreover, continuous growth of automotive sector in various economies of Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for synthetic lubricants which in turn is predicted to fuel the demand for Demulsifier over the forecast period, 2017 to 2023.
Market Scope
As per our analysis, some of the prominent market factors and trends identified in the Global Demulsifier Market include rapid industrialization, rising demand for fuel efficient vehicles, and increasing expenditure on research activities. Moreover, demand for Demulsifier is predicted to witness significant growth over the assessment period due to surging oil & gas industry. Rising crude oil production across the globe is anticipated to be an important driver for Demulsifier Market during the review period.
Browse the market data and information spread across 137 pages with 35 data tables and 12 figures of the report “Demulsifier Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/demulsifier-market-4507
Industry News
October 13, 2017, Market Research Future Published a Half-Cooked Research Report on Global Demulsifier Market.
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