DUBLIN, Mar. 31, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/5brt62/demulsifier) has announced the addition of the "Demulsifier Market by Type (Oil Soluble, Water Soluble), & Application (Crude Oil, Petro Refineries, Lubricant Manufacturing, Oil Based Power Plants, Sludge Oil Treatment) - Global Trends & Forecasts to 2020 " report to their offering.
The market for demulsifier is projected to witness a CAGR of 3.7% in the next five years to reach $2,550 million by 2020
In the demulsifier market, the industry comprises several global and regional players such as Schlumberger Limited (U.S.), Halliburton (U.S.), Baker Hughes Incorporated (U.S.), BASF SE (Germany), Ecolab Inc. (U.S.), The Dow Chemical Company (U.S.), Clariant AG (The Switzerland), Croda International Plc (U.K.), Akzo Nobel N.V. (The Netherlands), Weatherford International Ltd. (Ireland), and Momentive Performance Materials, Inc. (U.S.). These major players have significant control in the demulsifier market.
Demulsifier also known as emulsion breaker, is mostly used for crude oil processing, where is used for demulsification of oil-water emulsions. Apart from crude oil, other applications, such as petro refineries, lubricant manufacturing, oil-based power plants, and sludge oil treatment which consumes demulsifier in much lesser quantities. Requirement of demulsifier for crude oil processing depends on various factors. Major ones are, the quality of crude oil (heavy, medium, or light), the water cut level, whether the oil field is onshore or offshore, the climatic conditions, maturity level of oil field, the geological characteristics of the well, and others.
The report covers the demulsifier market and its trends that concern six regions, namely, The Middle East, North America, Europe, South America, Africa, and Asia-Pacific.
The Middle East is projected to continue leading the market till 2020, followed by Europe, and North America. This is because the Middle East accounts for the highest crude oil production share across the globe. In future too, the Middle East is expected to continue leading the crude oil production. Higher crude oil production signifies higher consumption of demulsifier.
Scope of the report
On the basis of type:
- Oil soluble demulsifier
- Water soluble demulsifier
On the basis of application:
- Crude oil
- Petro refineries
- Lubricant manufacturing
- Oil based power plants
- Sludge oil treatment
- Other Applications
- AKZO Nobel N.V.
- BASF SE
- Baker Hughes Incorporated
- Clariant AG
- Croda International PLC
- Ecolab Inc.
- Momentive Performance Materials, Inc.
- Schlumberger Limited
- The Dow Chemical Company
- Weatherford International Ltd
For more information visit http://www.researchandmarkets.com/research/5brt62/demulsifier
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SOURCE Research and Markets