London, UK -- (SBWIRE) -- 06/29/2018 -- The Global Demulsifier market is expected to grow from $2.08 billion in 2016 to reach $2.88 billion by 2023 with a CAGR of 4.8%.
Rise in crude oil production, growing market for green demulsifiers, and increasing demand from emerging economies are some of the factors driving the market growth during the forecast period. However, stringent government regulations on using toxic chemicals are restraining the market growth.
Some of the key players of the Demulsifier market include:
International Business Machines Corporation, SAP SE, Oracle Corporation, Microsoft Akzonobel N.V., Baker Hughes Incorporated, BASF SE, Clariant AG, Cochran Chemical Company, Croda International PLC, Direct N-Pakt Inc., Ecolab Inc., Halliburton, Huntsman Corporation, Innospec Inc., Momentive Performance Materials Inc., Nova Star LP, Reda Oilfield, Rimpro India, RoEmex Limited, Schlumberger Limited, and The DOW Chemical Company.
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By demulsifier type, oil soluble demulsifiers are leading the market with highest market value during the forecast period due to its properties in extrication water in oil emulsion in crude oil. Among all the application segments crude oil application is projected to command the market with largest market revenue over the forecast period. Growth in crude oil production among regions cause demand for the demulsifiers.
Middle East region commands the market with largest market revenue due to high availability of crude oil. Growing demand from U.S. is driving the North America market. Asia Pacific region is expected to witness high growth rate during the forecast period. The growth is attributed to the demand from petroleum refineries and crude oil processing stations.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
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Demulsifier Types Covered:
- Water-Soluble Demulsifiers
- Oil-Soluble Demulsifiers
Formulation Types Covered:
- Demulsifier Formulations
- Surfactants Type
- Sludge Oil Treatment
- Lubricant Manufacturing
- Crude Oil
- Petro Refineries
- Oil-Based Power Plants
- Other Applications
Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Demulsifier Market, By Demulsifier Type
6 Global Demulsifier Market, By Formulation Type
7 Global Demulsifier Market, By Application
8 Global Demulsifier Market, By Geography
9 Key Developments
10 Company Profiling
10.1 Akzonobel N.V.
10.2 Baker Hughes Incorporated
10.3 BASF SE
10.4 Clariant AG
10.5 Cochran Chemical Company
10.6 Croda International PLC
10.7 Direct N-Pakt Inc.
10.8 Ecolab Inc.
10.10 Huntsman Corporation
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