Demulsifier Market, by Type (Oil Soluble, Water Soluble), Application (Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil-based Power Plants, Sludge Oil Treatment, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 09/08/2017 -- Demulsifiers are specialized chemicals that are used to break the process of emulsion, for example, water and oil. They are commonly used in the processing of crude oil as crude oil is often found to be mixed with saline water. Hence, to separate this emulsion between crude oil and saline water demulsifiers play an important role. Increase in crude oil production is directly contributing towards the growth of the demulsifiers market. In addition, production of heavy oil also requires large quantities of demulsifiers to break emulsion. Hence, the market is bound to grow at a rapid pace during the forecasted period. This report studies the current and future aspects of the demulsifiers market.
The report on the global Demulsifier market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The demulsifier market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor of the demulsifiers market. The region continues to dominate the global market due to increase in demand for crude oil across the region. Increase in industrialization is also favoring the market growth in this region. Next in line is the Middle East & Africa region which is competent enough and is witnessing a rapid market growth during the forecasted period. The region has large crude oil reservoirs present. Crude oil is majorly produced from offshore oilfields, shale formations and oil sands. Crude oil production from offshore oilfields is more as compared to onshore oilfields. This factor contributes towards the growth of the demulsifier market across various countries.
This report analyzes the demulsifier market by the following segments:
Demulsifier Market, by Type
1. Oil Soluble
2. Water Soluble
Demulsifier Market, by Application
1. Crude Oil
2. Petro Refineries
3. Lubricant Manufacturing
4. Oil based Power Plants
5. Sludge Oil Treatment
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