Global CDU Heat Exchanger Antifoulants Market Size study, By Type (Dispersants, Corrosion Inhibitors, Metal Coordinators, Polymerization Inhibitors), and Regional Forecasts 2022-2028
Global CDU Heat Exchanger Antifoulants Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The CDU Heat Exchanger Antifoulants also known as antifoulants coating can be defined as chemical substance utilized to prevent and eliminate fouling layers of corrosion deposits in heat exchangers used during crude oil distillation. The application of antifoulants reduce maintenance and repair costs of heat exchangers and extend their life span. The rising petrochemicals demand worldwide and increasing number of crude distillation units as well as recent product launches from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2021, the worldwide demand for gasoline was estimated at 23.8 million barrels per day, and the demand is projected to grow to 29 million barrels per day by 2025. Furthermore, leading market players are coming up with new products to leverage the increasing demand for CDU Heat exchanger Antifoulants. For instance, in September 2021, Pittsburgh, USA based coatings company PPG recently announced the launch of a new antifoulant coating named PPG Sigma Sailadvance NX. Also, growing investment towards refinery projects and surging advancements in petrochemicals industry are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a growing utilization of fuel additives and stringent government regulations impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global CDU Heat Exchanger Antifoulants Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of crude oil exploration projects and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing demand for crude oil and increasing investment towards refining capacity expansion in the region, would create lucrative growth prospects for the global CDU Heat Exchanger Antifoulants Market across the Asia Pacific region.
Major market players included in this report are:
Baker Hughes Incorporated
Dorf Ketal
CHIMEC SpA
Croda International Plc
Krishna Antioxidants Pvt. Ltd.
Eonchemicals
Expert Chem SERV
Chematek S.p.A
Innospec
Suez Environnement
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Dispersants
Corrosion Inhibitors
Metal Coordinators
Polymerization Inhibitors
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global CDU Heat Exchanger Antifoulants Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Baker Hughes Incorporated
Dorf Ketal
CHIMEC SpA
Croda International Plc
Krishna Antioxidants Pvt. Ltd.
Eonchemicals
Expert Chem SERV
Chematek S.p.A
Innospec
Suez Environnement
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