Crude Oil Desalter and Electrostatic Dehydrator Market - Global Industry Analysis & Forecast | 2024

Crude oil desalting technology is used to remove residual salts from crude oil so that it can be processed in a refinery without corroding and fouling heaters, exchangers, and other equipment. Crude oil desalting is usually the initial process that is carried out during upstream operations. The type and size specification of the desalter is dependent on a few fundamental parameters such as temperature, pressure, fluid viscosity, and flow-rate, and customer specification pertaining to permissible salt in the final product.

This 81 page report gives readers a comprehensive overview of the Crude Oil Desalter and Electrostatic Dehydrator Market. Browse through to unlock the hidden opportunities in this market @
http://www.transparencymarketresearch.com/crude-oil-desalter-market.html

Dehydrating of crude oil is generally carried out at production stage to remove excess water from crude oil. Electrostatic dehydrators of combined AC-DC configuration are the most effective and are suitable for all grades of crude oil.

The continual emergence of new petroleum refineries and production units with in-house crude oil desalting and dehydrating facilities is boosting the growth of the global crude oil desalter and electrostatic dehydrator market. In several regions of the world such as the Middle East and Africa and Asia Pacific, plans to develop new refineries or expand the capacity of existing refineries will favor the growth of this market. For instance, countries such as Saudi Arabia and the UAE have recently constructed large crude oil refineries and have plans to expand the capacities of existing ones. The rising prominence of fluid catalytic cracking units is also driving the growth of crude oil desalters market.

Nevertheless, factors such as the declining imports of refined petroleum products from Europe are hampering the growth of the crude oil desalter and electrostatic dehydrator market.

The global crude oil desalter and electrostatic desalter market is expected to reach a valuation of US$190.61 mn by 2023 increasing from US$170.54 mn in 2014 at a CAGR of 2.40% from 2015 to 2023.

The Middle East and Africa to Exhibit Sustained Growth

Amongst the regional segments, the Middle East and Africa held the largest share of more than 35% in the global market in 2014. Asia Pacific stood as the second-largest market in the same year followed by North America. These regions were followed by Europe and Latin America respectively in terms of market share in the global market in 2014.

Get accurate market forecast and analysis on the Crude Oil Desalter and Electrostatic Dehydrator Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6101

Demand for Two Stage Desalter to Remain Strong

Two stage crude oil desalter stood as the dominant type segment accounting for a share of more than 50% of the global crude oil desalter market in 2014. Increasing demand for two stage crude oil desalter is attributed to the increasing use of heavy petroleum in refineries across the world. Moreover, two stage desalters are highly efficient that remove 95%-98% of salts from crude oil. Comprising two coalescers, a two stage desalter is preferred to attain excess water dilution or to attain the desired concentration of the desired salt.

The type segment of AC field electrostatic dehydrator held a share of over 50% in the global crude oil electrostatic dehydrator market in 2014. AC field electrostatic dehydrators are extensively used and give best results with heavy crude oil.

Some of the leading companies in the global crude oil desalter and electrostatic dehydrator market are Agar Corporation Ltd., Canadian Petroleum Processing Equipment Inc., Custom Process equipment LLC, Engineering Technology & Innovation LLC, Forum Energy Technologies Inc., GasTech Engineering Corporation, Mackenzie Hydrocarbons Pvt Ltd., PROSERNAT S.A., VME Process Inc., Cameron International Corporation, Croda International Plc., EN-FAB Inc., Fjords Processing AS, Frames Group, Komax systems Inc., Petro Techna International Ltd., and SUEZ Environment Oil & Gas Systems.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.