Market Overview:

Demulsifier is an active chemical used to separate emulsified water from crude oil during manufacturing processes. During oil exploration and production activities crude oil is produced in the oil in water form. Demulsifier is primarily remove significant quantities of saline water in order to prevent corrosion. They are classified as oil soluble demulsifier and water soluble demulsifier and find wide application scope in oil based power plants, petro refineries, lubricant manufacturing, crude oil, and sludge oil treatment.

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Competitive Analysis

BASF SE
Ecolab
The Dow Chemical Company
Akzo Nobel N.V.
Clariant
Baker Hughes Incorporated
Schlumberger Limited
Halliburton
Croda International Plc
Momentive
Market Segmentation

The Global Demulsifier Market is segmented into types, application, and regions. On the basis of type, the market is classified into oil soluble and water soluble. The oil soluble segment is predicted to lead the demulsifier market over the forecast period on account of wide utilization of oil soluble demulsifier across the globe. On the basis of application, the market is categorized into crude oil, sludge oil treatment, oil based power plants, petro refineries, lubricant manufacturing. Among these application, crude oil is expected to grow with the highest CAGR on account of rising demand for oil and oil-derivatives, resulting in high production of crude oil globally. Moreover, the global production of crude oil is increasing, as various nations are focusing more on extracting oil from new as well as unconventional reserves. As of 2016, crude oil segment accounted for the largest market share and is predicted to continue its dominance over the assessment period. Additionally, growth of automotive sector and expansion of refineries across the globe is estimated to fuel the demand for demulsifier.

Regional Analysis

The Middle East & Africa is estimated to be the largest demulsifier market followed by North America and Europe due to strong existence of crude oil reserves. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for demulsifier in lubricant manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for demulsifier, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of sludge oil treatment sector is predicted to contribute to the regional market growth. In North America, U.S and Mexico are among the major contributors in the regional market growth due to expansion of offshore and onshore activities as well as increasing innovations. In South America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.

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