The Global Demulsifying Agent For Crude Oil Market size is projected to grow at a CAGR of 4.8% by 2020, with the demand from the Asia Pacific and China being the major drivers. The worldwide demand for demulsifying agents has been increasing as more and more countries are focusing on upgrading their refineries to produce higher quality products or processing other types of fossil fuels such as heavy crude oil.
A demulsifying agent is a compound that breaks the emulsion in crude oil to let water and oil pass through. Demulsifiers are used in refining processes to remove water-in-crude (WIC) contamination from hydrocarbons like diesel fuel, jet fuel, and heating oils that contain high levels of sulfur or aromatics. They also help reduce viscosity and improve color stability in finished products; this helps producers earn more revenue from their products. Demulsifiers can be oil-soluble or water-soluble, and they are widely used by refineries to treat crude oils that contain water; this is because the WIC content in such feeds cannot easily be separated by conventional means like gravity separation and centrifugation. They also help reduce viscosity and improve color stability in finished products.
On the basis of Type, the global demulsifying agent for crude oil market is segmented into Oil Soluble and Water Soluble.
The oil-soluble type of demulsifying agent for crude oil is a fluid chemical product consisting primarily of emulsifiers and other surfactants. An oil-soluble demulsifier reduces the interfacial tension between water and oil, therefore allowing easier separation from each other during the production process. Oil-soluble demulsifying agents are a type of oil-water mixture separation product, which mainly uses the principle of phase partitioning to separate crude oil and water. It can be operated in most cases with no side effects.
Water-soluble type of demulsifying agent for crude oil is produced through the catalytic decomposition of dimerization product under controlled conditions. It contains high molecular weight polymers with less than 0.01% active ingredient in order to meet international guidelines and standards while ensuring ease of use, safety, and good biodegradability properties. A water-soluble type of demulsifying agent for crude oil is a better choice in certain cases. It has a low environmental impact and can be reused without any major modifications or treatment steps. In addition, it offers the ease to handle the separation step with water instead of conventional solvent systems, which may help to reduce expenditure on energy consumption.
On the basis of Application, the global demulsifying agent for crude oil market is segmented into Extraction and Refining.
Demulsifying agent for crude oil has several applications in the extraction industry such as shale gas and tight gas. The demulsifier is used to remove water, natural formation brine, or other fluids from the produced hydrocarbon fluid streams during the production of petroleum. When a well produces large amounts of liquid it can be difficult to transport because liquids cannot flow easily through pipelines and may damage equipment and reduce overall productivity. Demulsifiers help with this issue by reducing harmful emulsion created when two substances separate after being mixed together by adding an additive that changes its surface tension properties allowing them to remain suspended in another substance without separating out again.
Demulsifying agents are used in the refining industry for treating crude oil/petroleum, gasoline, and other water-immiscible fluids. Demulcents help remove emulsion by reducing the interfacial tension between two immiscible liquids or within one liquid phase. This helps separate the components of a mixture with different densities (such as oil and water). Interfacial tensions can be reduced by chemical additives like demulsifiers that adsorb to droplets on contact surfaces thereby preventing further coalescence or adhesion between adjacent drops. It is generally accepted worldwide that petroleum extraction processes require some degree of hydrocarbon recovery prior to processing; this has led to research into ways of segregating products using specific solvents according to their differing hydrophobicities.
On the basis of Region, the global demulsifying agent for the crude oil market is segmented into North America (the U.S., Canada), Latin America (Mexico, Brazil), Europe (Germany, France, UK), Asia Pacific(China, Japan) and Middle East & Africa(Saudi Arabia). Europe was the dominant region of demulsifying agents, accounting for more than one-third of global demand in 2017; the Asia Pacific followed with nearly 29%. However, APAC would register the fastest growth during 2018-2028 as major refinery projects are planned across this region along with Latin America & MEA. In terms of application, refining accounted for over 70% of revenue contribution worldwide in 2017 owing to a large number of refineries located across different regions globally which used these chemicals extensively to treat feedstocks before processing into final products such as gasoline or diesel.
The rising demand for oil and gas will drive the growth of the global demulsifying agent market. The increase in crude prices is leading to better performance from refineries which increases the production rate, thereby fueling the need for a proper extraction system. The growing demand for an alternative source of energy is further expected to act as a catalyst in the growth of the global demulsifying agent market.
Up Market Research published a new report titled “Demulsifying Agent for Crude Oil Market research report which is segmented by Types (Oil Soluble Demulsifying Agent, Water Soluble Demulsifying Agent), By Applications (Extraction, Refining), By Players/Companies Evonik, Baker Hughes, BASF, Clariant, Croda, DOW, Arkema, Flex-Chem, Thermax, Halliburton, Momentive Performance Materials, Schlumberger, Rimpro India, Huntsman, Dorf Ketal, Innospec, Cochran Chemical, ZORANOC, Dongying Runke”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Demulsifying Agent for Crude Oil Market Research Report |
By Type | Oil Soluble Demulsifying Agent, Water Soluble Demulsifying Agent |
By Application | Extraction, Refining |
By Companies | Evonik, Baker Hughes, BASF, Clariant, Croda, DOW, Arkema, Flex-Chem, Thermax, Halliburton, Momentive Performance Materials, Schlumberger, Rimpro India, Huntsman, Dorf Ketal, Innospec, Cochran Chemical, ZORANOC, Dongying Runke |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 244 |
Number of Tables & Figures | 171 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Oil Soluble Demulsifying Agent, Water Soluble Demulsifying Agent and By Application Extraction, Refining.
Some of the companies that are profiled in this report are:
Demulsifying Agent for Crude Oil Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Demulsifying Agent for Crude Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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