Dublin, Jan. 19, 2022 (GLOBE NEWSWIRE) -- The "Demulsifier Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
COVID-19 had an adverse effect on the demulsifiers industry. This was mainly due to the heavy disruption of the oil & gas industry across the globe.
However, with the upliftment in lockdown & trade restrictors, permission for production activities coupled with the development of a vaccine is aiding the production of crude oil across the globe. This is, in turn, propelling the demand in the demulsifier industry. Moreover, the increasing number of oil discoveries and mature oil fields are expected to offer lucrative opportunities to the vendors.
Government regulation to preserve the aquatic life and the ecosystem is stimulating the demand for green demulsifiers across the world, thus preventing the growth of chemical demulsifiers. Thus, there is a trend of eco-friendly demulsifier products.
The Middle East & Africa dominated the oil-soluble market in 2020 and is projected to dominate the market during the forecast period. This is mainly attributed to the huge crude oil production carried in Saudi Arabia, Iran, Iraq, Kuwait, and UAE, among others.
DEMULSIFIER MARKET SEGMENTATION
In terms of revenue, the oil soluble segment accounted for the largest share in the demulsifier market and was valued at USD 1,893.98 million in 2020. The driving force for the fastest-growing segment is that the oil-soluble demulsifier is very much effective in separating the water in oil emulsion, as water is in the dispersed phase and oil is in the continuous phase.
The water-soluble demulsifier market is expected to witness an incremental growth of USD 89.38 million by 2026 because it is non-toxic, available at a cheaper rate, and requires no specific safety measures to handle the material.
Europe: Germany has always been considered a thought leader in the global automotive industry. Thus, the automobile sector is one of the key sectors in the country, contributing more than 20% to the country's revenue. This will drive demulsifier market growth during the forecast period.
KEY MARKET DYNAMICS
Escalating demand from increasing production of crude oil
Soaring Automotive Production
Soaring demand for organic demulsifier
High demand for environment-friendly demulsifier
DOW Chemical Company
OTHER PROMINENT VENDORS
The Lubrizol Corporation
Croda International PLC
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7.2 Classification Of Demulsifier
7.2.1 Type: Key Insights
7.3 Supply Chain Analysis
7.4 Impact Of Covid-19
7.4.1 Supply Chain Disruption
7.4.2 Decline In Production Of Crude Oil
7.5 Industry FAQ
7.5.1 How Will The Demulsifier Market Perform In The Future?
7.5.2 Which Demulsifier Segment Recorded The Highest Revenue Share And Fastest Growth In 2020-2026?
7.5.3 Which End-Use Segment Generates The Highest Revenue For Demulsifier Vendors?
7.5.4 Which Is The Largest Regional Market For Demulsifiers?
7.5.5 What Are The Major Players Operating In The Demulsifier Market?
8 Growth Opportunity By Segment
9 Market Opportunities & Trends
9.1 Escalating Demand From Increasing Production Of Crude Oil
9.2 Soaring Automotive Production
9.3 Increasing Production From Mature Oil-Field
10 Market Growth Enablers
10.1 Soaring Demand For Organic Demulsifiers
10.2 Increasing Amalgamation Of Chemical & Physical Techniques Of Demulsification
10.3 Increasing Investment To Boost Oil Fields
11 Market Restraints
11.1 Strict Environmental Regulations
11.2 Volatility In Raw Material Prices
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Five Forces Analysis
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Oil Soluble
13.4 Water Soluble
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Crude Oil
14.4 Petrol Refining
14.6 Oil Sludge Treatment
For more information about this report visit https://www.researchandmarkets.com/r/xi6s1g
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