Demulsifier Market Worth $2.5 Billion by 2020 - New Report by MarketsandMarkets
(PRWEB) February 19, 2015 -- The report Demulsifier Market by Type (Oil Soluble, Water Soluble), & Application (Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil Based Power Plants, Sludge Oil Treatment) - Global Trends & Forecasts to 2020,” defines and segments the market with an analysis and forecast of the market size by value. The demulsifier market size in terms of value is projected to reach $2.5 billion by 2020, at a CAGR of 3.7% between 2015 and 2020.
Browse 83 market data tables and 59 figures spread through 158 pages and in-depth TOC on “Demulsifier Market”.
http://www.marketsandmarkets.com/Market-Reports/demulsifier-market-69682501.html
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The demulsifier market is mainly driven by the increase in crude oil production. This increase is due to rising global energy demands. Major factor restraining the market is the stringent environmental regulation in the European region. The regulations restrict the use of toxic organic chemicals for demulsifier manufacturing. The opportunities for the demulsifier producers lie toward the discovery of new oil fields which would result in higher crude oil production. Long-term opportunity lies in the use of green demulsifier, which are manufactured using environmentally acceptable chemicals.
Crude oil is the major application of demulsifier followed by petro refineries. Crude oil application drives the demulsifier market all across the globe. The Middle East region dominated the demulsifier market for crude oil, followed by Europe and North America. The crude oil application is projected to witness the highest CAGR of 3.8% between 2015 and 2020. In the short-term, crude oil production from shale reserves in the U.S. is expected to drive the market while in the medium and long-term; the Middle Eastern oil producing nations are expected to witness a steady growth.
The leading players in the market include Schlumberger Limited (U.S.), Halliburton (U.S.), Baker Hughes Incorporated (U.S.), BASF SE (Germany), Ecolab Inc. (U.S.), The Dow Chemical Company (U.S.), Clariant AG (The Switzerland), Croda International Plc (U.K.), Akzonobel N.V. (The Netherlands), Weatherford International Ltd. (Ireland), and Momentive Performance Materials, Inc. (U.S.).
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The report covers the demulsifier market and its trends in six regions, The Middle East, North America, Europe, Africa, South America, and Asia-Pacific. The market has also been analyzed on the basis of applications, such as crude oil, petro refineries, lubricant manufacturing, oil based power plants, and sludge oil treatment have also been studied and included in this report. The market has also been analyzed on the basis of types, oil soluble demulsifier and water soluble demulsifier.
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