DUBLIN--(BUSINESS WIRE)--The "Demulsifier Market by Type (Oil Soluble and Water Soluble), Application (Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil-based Power Plants, Sludge Oil Treatment), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
"Increasing crude oil production across the globe is expected to drive the market for demulsifiers"
The global demulsifier market is projected to grow from USD 2.12 billion in 2017 to USD 2.53 billion by 2022, at a CAGR of 3.53% from 2017 to 2022. Increasing crude oil production and rising energy demands are the key drivers for the demulsifier market. However, stringent environmental regulations concerning the use of toxic chemicals in the manufacturing of demulsifier are hindering the market growth globally.
Based on application, the crude oil segment accounted for the largest share of the demulsifier market, in terms of value, in 2016. Crude oil production is expected to increase in the coming years to meet its rising demand across the globe. Higher production of crude oil means greater consumption of demulsifiers. Ageing and mature oil fields, heavy oil, and offshore oil fields consume higher quantities of demulsifiers. All these factors are expected to drive the demulsifier market in crude oil.
The demulsifier market has been studied for the Middle East, North America, Europe, Asia-Pacific, Africa, and South America. The demulsifier market in Middle East accounted for the largest share of the global demulsifier market in 2016. The large share can be attributed to the increasing demand for energy and rising crude oil production in the Middle East.
The demulsifier market in North America is projected to grow at the highest rate during the forecast period. The high growth can be attributed to the shale gas boom in the U.S., and the plans to increase crude oil production from oil sands in Canada and the Gulf of Mexico.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Demulsifier Market, By Type
7 Demulsifier Market, By Formulation
8 Demulsifier Market, By Application
9 Demulsifier Market, By Region
10 Competitive Landscape
11 Company Profiles
- Akzonobel N.V.
- Aurorachem
- BASF SE
- Baker Hughes Incorporated
- Chemiphase Ltd.
- Clariant AG
- Cochran Chemical Company
- Croda International PLC
- Direct N-Pakt Inc.
- Dorf Ketal
- Ecolab Inc.
- Egyptian Mud Engineering and Chemicals Company
- Halliburton
- Huntsman Corporation
- Impact Chemical Technologies Inc.
- Innospec Inc.
- MCC Chemicals Inc.
- Momentive Performance Materials Inc.
- Nova Star LP
- Oil Technics Holdings Ltd.
- Reda Oilfield
- Rimpro India
- RoEmex Limited
- SI Group
- Schlumberger Limited
- The DOW Chemical Company
For more information about this report visit https://www.researchandmarkets.com/research/hkr2kg/demulsifier
