Press release
Demulsifier Market Latest Trends, Leading Players | Baker Hughes Incorporated (US), Clariant (Switzerland), The Dow Chemical Company (US)
๐๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐๐ข๐๐ซ Market | Exactitude Consultancy
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**Note: Version 2023 has been updated.
โ What does this report offer?
Market size (historical and future), market growth, technical trends, market share, market dynamics, competitive landscape, and key players are all factors to consider.
Development trends, competitive landscape analysis, supply-side analysis, demand-side analysis, year-over-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.
Recent market developments and projected growth prospects, geographical reports that can be tailored to demand
โ What size is the Demulsifier Market:
Global Demulsifier Market growing at a CAGR of 4%, and it is expected to reach USD 2.99 Billion in the year 2029, over the forecast period 2023-2029.
โ Who are the key industry players?
Baker Hughes Incorporated (US), Clariant (Switzerland), The Dow Chemical Company (US), Croda International (US), Ecolab Inc. (US), Halliburton (US), Schlumberger Limited (US), BASF SE (Germany), Nouryon (Netherlands), Momentive Performance Materials (US), Nova Star LP (US), SI Group (US), Impact Chemicals Technologies (US), Innospec Inc. (US), Dorf Ketal (India), Huntsman Corporation (US), Chemiphase Ltd. (UK), Direct-N Pakt Inc. (US), MCC Chemicals Inc.(US),ย Rimpro India (India), Oil Technics Holdings (UK), Egyptian Mud Engineering, Chemicals Company (Egypt), Roemex Limited (India), Reda Oilfield (UK), and Aurorachem (China).
โ Recent Developments:
For the yearย 2022,ย The Dow Chemical Companyย has planned new demulsifiers that help the demulsification process to reduce more water droplets or particles;ย Dow Chemical Company'sย demulsifiers hold aroundย 11%ย share in the North American market.
๐คAre ๐๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐๐ข๐๐ซs play for better oil separation to recover as much oil as possible from these reserves?๐ค
๐ As high-quality reserves are drained, various oil retrieval operations are increasingly reliant on heavy crude oil reserves. Crude oil demulsification basically comes into play for better oil separation to recover as much oil as possible from these reserves. Breaking these emulsions aids in meeting higher production targets, adhering to commercial crude oil specifications, and results in cleaner water produced for discharge or reinjection.
โ ๐๐ก๐ข๐๐ก ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐๐ข๐๐ซ๐ฌ ๐ข๐ฌ ๐๐จ๐ฌ๐ญ ๐๐๐ฐ๐๐ซ๐๐ข๐ง๐ ?
"Application of Demulsifiers in Crude Oil to Remain Most Prominent"
Crude oil will remain one of the prominent application categories in this market over the period. Crude oil prices are increasing due to the conflict between Ukraine and Russia.
Commercial purchases of vehicles are also rising to fulfil the rising demand for goods, and, as such, sales of lubricants are also growing rapidly. Owing to this reason, demand for petroleum and lubricants is anticipated to grow at a higher rate.
As a result, the demulsifiers market is developing due to the rising global automotive industry and industrial manufacturing. Demand for petro refineries and lubricant manufacturing is projected to touch US$ 251.7 Mn and US$ 186.6 Mn, respectively, over the forecast period, expanding at CAGRs of 3.7% and 3.4% during the same time frame.
โ ๐๐ก๐ฒ ๐ข๐ฌ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐๐ข๐๐ซ๐ฌ ๐๐ข๐ ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐.๐.?
An increase in demand for petroleum, lubricant, and diesel commodities has been observed over the past decade, especially in North America. Around 65% of American adults use vehicles as the mode of transportation, which require petroleum and diesel. Commercial usage of these commodities is growing at a fast pace, which has propelled the sales of crude oil and other lubricants.
In terms of revenue, the United States dominates the global demulsifiers market. Crude oil sales are boosted by growing demand from the industrial sector in the United States.
The U.S. market is anticipated to remain a primary growth generator during the forecast period, expanding at a CAGR of 3.6% during the same time frame.
โ ๐๐ข๐ฅ๐ฅ ๐๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐๐ข๐๐ซ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ข๐๐ซ๐ฌ ๐๐๐ข๐ง ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐ซ๐จ๐๐ข๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐๐ซ๐ค๐๐ญ?
Industries and manufacturing facilities in Europe, on the other hand, have been steadily growing even before the COVID-19 pandemic hit the world, which, in turn, has boosted various markets to a great extent. Owing to this reason, demand for petroleum and lubricants is anticipated to grow at higher single-digit growth rate over the decade.
โ What precisely is market segmentation?
Demulsifier Market by Type, 2023-2029, (USD Billion), (Kilotons)
Oil Soluble
Water Soluble
Demulsifier Market by Application, 2023-2029, (USD Billion), (Kilotons)
Crude Oil Production
Petro Refineries
Lubricant Manufacturing Process
Oilbased Power Plants
Sludge Oil Treatment Process
Click to get exclusive facts, information, crucial statistics, trends & Detailed TOC:
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The study of the effects of the Russia-Ukraine War and COVID-19 on Demulsifier industry will be added to the final report.
The market for Demulsifier has been thoroughly researched for this research report using both primary and secondary sources. Along with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Additionally, a dashboard analysis of the previous and current performance of top organizations is provided. To ensure accurate and thorough information about the Demulsifier Market, a range of approaches and analysis are utilized in the study.
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