In a recent published report, Kenneth Research has updated the market report for Demulsifiers Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Demulsifiers Market products.
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Global Demulsifiers Market
By Product (Water soluble, Oil Soluble), Application (Lubricant Manufacturing, Crude Oil, Oil Based Power Plants, Petroleum Refineries, Sludge Treatment), Formulation (Surfactant Type, Demulsifier) and Region (North America, Asia Pacific, Europe, Latin America, Rest of the World) – Market Size, Status and Forecast to 2025
The global demulsifiers market was valued at USD 2.10 billion in 2016 and is projected to reach USD 2.96 billion by 2025, growing at a CAGR of 3.5% from 2017 to 2025.
Demulsifiers belong to the class of specialty chemicals that aid in separating emulsions. They are majorly employed in oil based solutions. The increasing demand for crude oil derivatives is expected to boost market demand. The growing extraction of crude oil from unconventional and new resources would positively impact market growth.
1. Market Drivers
1.1 Rising crude oil production
2. Market Restraints
2.1 Stringent environmental regulations
The global demulsifiers market is segmented on the basis of process, end-use industry, and region.
1. Global Demulsifiers Market, by Product:
1.1 Oil Soluble Demulsifiers
1.2 Water Soluble Demuslfier
2. Global Demulsifiers Market, by Formulation:
2.1 Type of Surfactant
2.1.1 Anionic Demusifiers
2.1.2 Non-ionic Demusifiers
2.1.3 Amphoteric Demusifiers
2.1.4 Cationic Demusifiers
2.2 Demulsifier Formulations
2.2.1 Oxyalkylated Phenolic Resins
2.2.2 Polymerized Polyols
2.2.3 Polyalkylene Glycols
2.2.4 Polyols Esters
2.2.5 Resin Esters
2.2.7 Eo/Po Block Polymers
2.2.9 Polymeric Elastomers
3. Global Demulsifiers Market, by Application:
3.1 Oil Based Power Plant
3.2 Crude Oil
3.3 Petroleum Refineries
3.4 Lubricant Manufacturing
3.5 Sludge Treatment
4. Global Demulsifiers Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
2. DOW Chemical Company
3. Baker Hughes Incorporated
4. Ecolab Inc
6. Croda International
7. MomentivePerformance Materials
8. Innospec Inc.
9. SI Group
10. Huntsman Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the demulsifiers market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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