DUBLIN--(BUSINESS WIRE)--The "Crude Oil Flow Improvers Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering.
The global crude oil flow improvers market was valued at $1,282 million in 2016, growing at a CAGR of 5.7% to reach $1,920 million by 2023.
Crude oil flow improvers function as additive that provides suitable solution during crude oil extraction processes and maximize the production. Viscosity of heavy crude oil is crucial for long-distance transport to maintain its quality or state. Crude oil flow improvers enable reduction in viscosity of oil for processing and transport, thereby improving production performance and reducing operational costs. It is extracted from remote locations; hence, it is essential to transport extracted oil to appropriate destinations through pipelines, which is the most preferred and efficient way. High viscosity of heavy crude oil and its transportation specifically in cold regions is quite challenging as it becomes thicker with the decrease in temperature. Thus, crude oil flow improvers are widely used to control viscosity, reduce the turbulence, and increase the flow rate inside the pipelines.
The global crude oil flow improver market is segmented based on type, application, and geography. On the basis of type, it is divided as paraffin inhibitors, asphaltene inhibitors, scale inhibitors, and hydrate inhibitors. On the basis of application, it is categorized into extraction, pipeline, and refinery. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
- Halliburton Company
- Baker Hughes
- Nalco Champion
- Basf Se
- Dorf Ketal
- Lubrizol Specialty Products, Inc.
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Crude Oil Flow Improver Market, By Type
Chapter 5. Global Crude Oil Flow Improver Market, By Application
Chapter 6. Global Crude Oil Flow Improver Market, By Geography
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/728ql8/crude_oil_flow