DUBLIN, September 22, 2017 /PRNewswire/ --
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.
The 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 2022Increase in crude oil production, along with the production of heavy oil is expected to drive the demulsifier market during the forecast period, as heavy oil consume relatively higher quantity of demulsifier for breaking emulsion.
The demulsifier market is segmented on the basis of type, application, and region. Based on type, the oil soluble segment is estimated to lead the demulsifier market during the forecast period. The high share of the oil soluble segment, in terms of value, can be attributed to the increasing demand for this type of demulsifier in emulsion breaking.
On the basis of application, the demulsifier market has been segmented into crude oil, petro refineries, lubricant manufacturing, oil based power plants, sludge oil treatment, and others (dyes & pigments, cotton seed oil, pharmaceutical, and pesticides). The crude oil application segment is projected to grow at the highest CAGR, due to the increasing demand for oil and related derivatives, which results in high production of crude oil globally. The global production of crude oil increasing, as most countries are focusing on extracting more from existing as well as new and unconventional reserves. The crude oil segment accounted for the largest share of the demulsifier market in 2016.
The demulsifier market has been studied for the Middle East, North America, Europe, Asia-Pacific, Africa, and South America. The demulsifier market in North America is projected to grow at the highest rate from 2017 to 2022. Crude oil is a major application of demulsifier in the region, as majority of the crude oil produced in the region is from offshore oilfields, shale formations & tight oil, and oil sands. Crude oil production from offshore production and oil sands results in higher consumption of demulsifiers as compared to the onshore production. This is likely to lead to a high demand for demulsifiers in the region.
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/7lt3kt/demulsifier
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