Demulsifier Market size worth $ 3.20 Billion, Globally, by 2028 at 3.7% CAGR: Verified Market Research®

JERSEY CITY, N.J., Jan. 6, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Demulsifier Market" By Product (Oil-Soluble Demulsifier, Water-Soluble Demulsifier), By Application (Oil-Based Power Plant, Crude Oil, Petroleum Refineries, Lubricant Manufacturing), and By Geography. According to Verified Market Research, the Global Demulsifier Market size was valued at USD 2.40 Billion in 2020 and is projected to reach USD 3.20 Billion by 2028, growing at a CAGR of 3.7% from 2021 to 2028.

Download PDF Brochure:

https://www.verifiedmarketresearch.com/download-sample/?rid=25093

Browse in-depth TOC on "Demulsifier Market"

202 - Pages

126 – Tables

37 – Figures

Global Demulsifier Market Overview

Increasing crude oil production across the globe is expected to be a major driver for the demulsifier industry over the next few years. Growing demand for lubricants from the rapidly growing automotive industry particularly in emerging economies of China, India, Brazil, and Mexico has triggered the demand for demulsifiers over the past decade. Rapid industrialization coupled with a growing number of power plants to meet the energy requirements of the ever-growing population is anticipated to drive the market. Furthermore, the fast depletion of crude oil reserves has triggered companies to take up new exploration projects to cope up with increasing demand.

Additionally, the growing demand for oil-related derivatives has increased the production of crude oil around the world. This, in turn, is expected to increase the demand for demulsifiers and thereby drive the growth of the market. Furthermore, the high growth of the oil and gas industry in the recent past is expected to increase the demand for demulsifier chemicals and hence boost market growth during the forecast period. Moreover, increasing oil and gas mining activities with the shale gas revolution in the U.S. has impacted its economy positively. This is expected to increase the demand for demulsifier chemicals and thereby propel the growth of the market.

Furthermore, demulsifiers are majorly used in lubricants manufacturing. The lubricants manufacturing industry has witnessed significant growth in the recent past, which will drive the growth Global Demulsifiers Market in the near future. However, stringent environmental regulations on the use of toxic chemicals by governmental authorities are expected to restrain the growth of the market during the forecast period. Emphasis on the use of green demulsifiers, which are manufactured using environmentally-friendly chemicals, is projected to offer lucrative opportunities for the market during the forecast period.

Key Developments

• In 2021, Stepan Oilfield Solutions provides demulsifier intermediates to upstream & downstream challenges. The company has acquired a line of KMCO's demulsifier intermediates that will help service companies deliver consistent field performance with their formulated products.
• In 2019, Nouryon introduced a range of Demulsifiers that provide oil producers with a more sustainable option to separate crude oil from natural gas and water.
• In 2016, SI Group, which is a developer and manufacturer of chemical intermediates, solutions, and specialty resins acquired TPC Groups.

Key Players

The major players in the market are BASF, The DOW Chemical Company, Baker Hughes Incorporated, Ecolab Inc, Halliburton, Croda International PLC, MomentivePerformance Materials, Innospec Inc., SI Group, Huntsman Corporation, DorfKetal, and Aurorachem.

Verified Market Research has segmented the Global Demulsifier Market On the basis of Product, Application, and Geography.

• Demulsifier Market, By Product
• Oil-Soluble Demulsifier
• Water-Soluble Demulsifier
• Demulsifier Market, By Application
• Oil-Based Power Plant
• Crude Oil
• Petroleum Refineries
• Lubricant Manufacturing
• Sludge Treatment
• Others
• Demulsifier Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Ethylene Carbonate Market By Application (Lithium Battery Electrolytes, Lubricants, Plasticizers), By End-Use Industry (Automotive, Oil & Gas, Medical), By Geography, Forecast, 2021-2028

Pour Point Depressant Market By End User (Lubricant Industry and Oil & Gas Industry), By Chemistry (Poly Alkyl Methacrylate (PAMA), Ethylene co-vinyl-Acetate, Styrene Esters, Poly Alpha Olefin), By Geography, Forecast, 2021-2028

Industrial Sludge Treatment Chemicals (Flocculants, Coagulants, Disinfectants And Other Process Chemicals) Market Size, By Sludge Type, By Process Treatment, By End User, By Geography, Forecast, 2021-2028

Needle Coke Market By Type (Petroleum Based, Coal Based), By Grade (Base Premium, Intermediate Premium), By Application (Graphite Electrode, Special Carbon Material), By Geography, Forecast, 2021-2028

9 Largest Oil And Gas Companies, in the USA, solving energy-related problems

Visualize Demulsifier Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

View original content:https://www.prnewswire.com/news-releases/demulsifier-market-size-worth--3-20-billion-globally-by-2028-at-3-7-cagr-verified-market-research-301455559.html

SOURCE Verified Market Research