Demulsifier Market Forecasts to 2028 – Global Analysis By Type (Oil Soluble, Water Soluble), Formulation Type (Demulsifier Formulations, Surfactants Type), Application (Crude Oil, Lubricant Manufacturing), and By Geography

Demulsifier Market Forecasts to 2028 – Global Analysis By Type (Oil Soluble, Water Soluble), Formulation Type (Demulsifier Formulations, Surfactants Type), Application (Crude Oil, Lubricant Manufacturing), and By Geography

According to Stratistics MRC, the Global Demulsifier Market is accounted for $2.26 billion in 2021 and is expected to reach $3.41 billion by 2028 growing at a CAGR of 6.1% during the forecast period. Demulsifiers, or emulsion breakers, are a class of specialty chemicals used to separate emulsions, for example, water in oil. They are commonly used in the processing of crude oil, which is typically produced along with significant quantities of saline water.

Market Dynamics:

Driver:

Growing demand for crude oil

The increasing demand for crude oil worldwide is propelling the market towards growth. Continuous discoveries of new oil reserves and oil fields and the rising adaptation of the chemical products, which is intended to break the emulsion extracted during the exploration and then process them into petroleum products are also factors that drive the market.

Restraint:

Inadequate& high cost of raw materials

An insufficient raw material for the production of the demulsifier is one of the factors restricting the market. Due to the pandemic, the demand and supply of raw materials decreased, which led to the high increases in prices, forming restraint on the market value.

Opportunity:

Rapid industrialization across the world

The increase in the demand for lubricants from the increasing automotive industry in countries like India, China, etc., has created ample market opportunity. Rapid industrialization in numerous provinces and growing power plant industries to fulfill the energy requirement in the world is anticipated to form many new ways for the Market. The depletion of crude oil reserves has made companies and the demand for green emulsifiers as they are manufactured from environment-friendly chemicals are expected to create ample opportunity for the market.

Threat:

Strict rules

The stringent rules by the government to limit the toxic chemicals for the environment are restraining the market from further growth. Traditionally used chemical demulsifiers are effective in performing W/O emulsions, but they are restricted by governments owing to the adverse effect they have on the environment. These chemicals are toxic and can severely cause damage to the environment during water disposal which results as threatening for market growth.

Oil soluble demulsifiers segment is expected to be the largest during the forecast period

Oil soluble demulsifiers are leading the market with highest market value during the forecast period, owing to its properties in extrication water in oil emulsion in crude oil,as the water is in the dispersed phase, while oil is in the continuous phase. Oil-soluble demulsifiers are the organic liquid formulations of surfactants and dispersants in water that are soluble in toluene, xylene, and aromatic solvents. These are used in crude oil for the demulsification of water-in-oil and oil-in-water emulsions.

The Petro Refineries segment is expected to have the highest CAGR during the forecast period

Petro Refineries is one of the prominent segments contributing to the market growth. The high demand for petroleum products, such as kerosene, gasoline, diesel, and others, shall drive the segment’s growth. Demulsifiers are employed in lubricants to avoid corrosion and damage from impurities in the fuel. The increasing adoption of these chemicals in lubricant manufacturing shall aid growth. The increased consumption across industries and households has led to a rise in the petroleum refining process to meet the daily market needs.

Region with highest share:

The Middle East and Africa is projected to hold the highest market share.This can be attributed to the increasing crude oil production in diverse countries in this area that has produced significant demand for demulsifiers in the country. Besides, ongoing onshore and offshore oil drilling activities in numerous MEA economies would further escalate the demand for it, stimulating market growth. Crude oil is the major application of demulsifiers in this province. The rise in the number of exploration activities in the province is expected to drive the market.

Region with highest CAGR:

North America is projected to have the highest CAGR, owing to high growth of the oil & gas industry and increasing mining activities are expected to boost the market growth in the province. Additionally, the demand from petroleum refineries and crude oil processing stations is some of the major factors propelling the market growth in this region.

Key players in the market:

Some of the key players profiled in the Demulsifier Market include BASF SE Germany, The Momentive U.S., Schlumberger Limited U.S., Clariant Switzerland, The Dow Chemical CompanyU.S., Halliburton U.S., The Dow Chemical Company U.S., Akzo Nobel N.V. the Netherlands, Clariant Switzerland, Baker Hughes Incorporated U.S., Halliburton U.S., Croda International Plc U.K., Ecolab U.S., Nouryon.

Key developments:

In December 2021:Clariant Oil Services announced that it had presented thought-leading innovations at 2021 SPE International Oilfield Chemicals Conference. The presentations were featuring the latest research and developments in the fields of corrosion inhibition, anti-agglomerants, demulsifier formulations, and more.

In December 2021:Croda International Plc had announced that it has signed a definitive agreement (the transaction) to sell the majority of its Performance Technologies and Industrial Chemicals (PTIC) businesses (the divested business) to Cargill Velocity Holdings Limited for an enterprise value of €915m (approximately £778m) on a cash-free, debt-free basis.

In October2019: Nouryon has introduced a range of demulsifiers that provide oil producers with a more sustainable option to separate crude oil from natural gas and water. The Witbreak NEO range is inherently biodegradable in seawater and has a better cost-to-performance ratio compared to conventional demulsifiers currently available on the market.

Types Covered:
• Oil Soluble
• Water Soluble

Formulation Types Covered:
• Demulsifier Formulations
• Surfactants Type

Applications Covered:
• Crude Oil
• Lubricant Manufacturing
• Oil-Based Power Plants
• Petro Refineries
• Sludge Oil Treatment
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances