Global Crude Oil Desalter and Electrostatic Dehydrator Market to Reach $247.9 Million by 2030
The global market for Crude Oil Desalter and Electrostatic Dehydrator estimated at US$204.6 Million in the year 2023, is expected to reach US$247.9 Million by 2030, growing at a CAGR of 2.8% over the analysis period 2023-2030. Single Stage Crude Oil Desalter, one of the segments analyzed in the report, is expected to record a 2.4% CAGR and reach US$51.3 Million by the end of the analysis period. Growth in the Two Stage Crude Oil Desalter segment is estimated at 2.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $55.5 Million, While China is Forecast to Grow at 4.3% CAGR
The Crude Oil Desalter and Electrostatic Dehydrator market in the U.S. is estimated at US$55.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$47.5 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$31.2 Million by the year 2030.
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