Press release
Demulsifier Market Growth & Analysis- Industry Trends, Size, Shares, Forecast to 2023
Demulsifier
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.
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Intended Audience
1. Demulsifier Manufacturers
2. Traders and Distributors of Demulsifier
3. Production Process Industries
4. Potential Investors
5. Raw Material Suppliers
6. Nationalized Laboratory
Global Top 10 Key Players:
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.
Rising crude oil production across the globe is anticipated to be an important driver for Demulsifier Market during the review period. Increasing automobile production and sales along with rising consumption of lubricants is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023. However, implementation of strict regulations by various government bodies have restricted the use of toxic organic chemicals used in the production of Demulsifier, which is expected to hamper the growth of the market.
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Regional Analysis:
The Global Demulsifier Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, 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. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to propel the growth of the market.
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