In terms of value, the demulsifier market is estimated to grow from USD 2.3 million in 2022 to USD 2.8 billion by 2028, at a CAGR of 3.6%. The Research report presents a complete judgment of the market through strategic insights on demulsifier market trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. A chemical agent used to break apart emulsions into their component phases is known as a demulsifier, often referred to as an emulsion breaker or emulsion destabilizer. Emulsions are mixtures of two immiscible liquids, such as oil and water, stabilized by surfactants or other agents. Common examples include oil-in-water emulsions (where oil droplets are dispersed in a water phase) and water-in-oil emulsions (where water droplets are dispersed in an oil phase).
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Oil-soluble is projected to register the highest CAGR, in terms of value, of the global demulsifier during the forecast period.
The demand for oil-soluble demulsifier is closely tied to the global oil and gas industry’s needs for efficient crude oil processing. Many crude oil reservoirs naturally contain water, and during extraction, emulsions can form between the oil and water phases. Oil-soluble demulsifier are used to break these emulsions, facilitating the separation of water from the crude oil and enhancing production efficiency.
Crude oil is estimated to be the largest application of the demulsifier, in terms of value, during the forecast period.
The need for effective water and impurity separation from crude oil during production and processing is what drives the demand for demulsifier in the crude oil industry. Emulsions formed in crude oil reservoirs and during extraction can be challenging to handle, and effective demulsification is crucial for optimizing production and ensuring high-quality oil output. As global energy demands continue to rise, there is a growing need to extract more crude oil from reservoirs. Increased production leads to higher volumes of crude oil-water emulsions that require effective demulsification for efficient processing. All these factors drive the demand for demulsifier in crude oil application.
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Middle East is estimated to be the largest market for the demulsifier market, in terms of value, during the forecast period.
The Middle East region is a significant hub for oil and gas production, which leads to a higher demand for demulsifier in this region. The Middle East is home to some of the world’s largest oil reserves. Countries like Saudi Arabia, Iran, Iraq, and the United Arab Emirates are major oil producers. As, there are so many reservoirs, a lot of crude oil is being taken from them and processed, which increases the need for demulsifier to handle the emulsions that are present in the extracted oil.
The key players profiled in the report include Baker Hughes (US), Clariant AG (Switzerland), Ecolab Inc. (US), Hallinburton Company (US), Schlumberger Limited (US), Nouryon (Netherlands), BASF SE (Gemany), Dow Inc. (US), Arkema S.A. (France), and Momentive Performance Materials Inc. (US). The demulsifier market is witnessing growth in the past few years; new technologies drive the growth of this market. Market players are introducing new technologies and features to acquire larger market shares.
Baker Hughes is a global supplier of oilfield services, products, technology, and systems to the oil & natural gas industry. The company provides products and services, including integrated operations, reservoir services, drilling, evaluation, completion, production, pressure pumping, tubular services, process & pipeline services, downstream chemicals, specialty chemicals, and total depth education services. Baker Hughes operate through two major segments namely; oilfield service & equipment and industrial & energy technology. It has a presence in 120+ countries globally.
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Clariant AG develops, manufacturers, distributes, and sells specialty chemicals. The oil services segment manufacturers and offers specialty chemicals and services to the entire oil & gas value chain. Clariant AG operates through three business segments, namely, care chemicals, catalysis, and natural resources. The company offers specialty chemicals through its natural resources business segment. It has 70 production sites. The company has its footprint worldwide in the regions of Europe, the Middle East, Africa, North America, South America, and Asia Pacific.
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