Demulsifier Market Share, Size, Trends, Industry Analysis Report, By Type (Oil Soluble, Water Soluble); By Application; By Region; Segment Forecast, 2023- 2032
The global demulsifier market size is expected to reach USD 2.94 billion by 2032, according to a new study by Polaris Market Research. The report “Demulsifier Market Share, Size, Trends, Industry Analysis Report, By Type (Oil Soluble, Water Soluble); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
A class of specialized chemicals known as demulsifiers is used to separate emulsions, such as water-in-oil. Crude oil processing frequently involves large amounts of accompanying saline water. The ongoing demand for oil and gas among consumers is propelling the demand for demulsifiers in the market. According to the International Energy Agency, in 2023, the global demand for oil is expected to rise by 2.2 mb/d to 102.2 mb/d, with China driving more than 70% of the increase. This motivates the organizations to increase oil and gas production to meet ongoing consumer demand, fueling the demand and expansion of the market in the coming years.
Demulsifiers play a crucial role in the separation of impurities like water from oil. Chemical demulsifiers are frequently used in industries because they ensure speedy and effective separation in water-in-oil emulsions. Advancements in demulsifier technology fuel the innovations in the marketplace. To meet the needs of the oil and gas industry's need for demulsification, Clariant Oil Services has introduced PHASETREAT WET. The innovative technology will assist operators in lowering operational costs, streamlining logistics, and reducing safety hazards. It was developed to address problems with existing oil production methods, most notably the need to meet tighter environmental standards for oil and water separation.
Demulsification is a technique used to extract water from crude oil. In order to optimize crude oil value and save operating costs, the separation of crude oil from water must be done quickly and effectively. A basic issue in the oil business is the creation of stable emulsions, which can lead to a series of operational and environmental issues. Oil recovery from water and oil recovery from water are two common uses of chemical demulsification. A 2022 study published in Science Direct focused on a review of the development of demulsification methods used for oil recovery from oil-in-water emulsions. These rising research activities are widening the scope of demulsifiers in the marketplace.
Demulsifier Market Report Highlights
The oil soluble segment is anticipated to witness the highest growth in the coming years due to the increasing demand for demulsifiers in the oil and gas industry.
The crude oil segment accounted for the largest market share owing to its prevalence in the extraction, storage, and transportation of crude oil.
Asia Pacific is projected to register the largest growth rate in the study period owing to rising demand for oil, primarily gasoline, in the region.
The global players include Arkema, BASF, Baker Hughes Incorporated, Chemiphase, Clariant, Momentive Performance, Nouryon, Nova Star LP & Oil Technics.
Polaris Market Research has segmented the demulsifier market report based on type, application, and region:
Demulsifier, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Oil Soluble
Water Soluble
Demulsifier, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Crude Oil
Petroleum Refineries
Lubricant Manufacturing
Oil Based Power Plants
Sludge Oil Treatment
Demulsifier, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa