Enjoy complimentary customisation on priority with our Enterprise License!
The crude oil desalter market share is expected to increase to USD 11.93 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 0.9%.
This crude oil desalter market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers crude oil desalter market segmentation by product (multi-stage desalter and single-stage desalter) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The crude oil desalter market report also offers information on several market vendors, including Agar Corp., Alfa Laval Corporate AB, AMR Process Inc., Canadian Petroleum Processing Equipment Inc., Croda International Plc, Dorf Ketal Chemicals I Pvt. Ltd., Emerson Electric Co., Forum Energy Technologies Inc., Frames Group, Mackenzie Hydrocarbons Australia Pty Ltd., McDermott International Ltd., Petro Techna International, Schlumberger Ltd., Veolia Environment SA, Vienerg Resources Pvt. Ltd., and VME Process Inc. among others.
Download the Free Report Sample to Unlock the Crude Oil Desalter Market Size for the Forecast Period and Other Important Statistics
The increase in demand for crude oil from developing countries is notably driving the crude oil desalter market growth, although factors such as increasing investments in renewable power generation may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the crude oil desalter industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Crude Oil Desalter Market Driver
Key Crude Oil Desalter Market Trend
Key Crude Oil Desalter Market Challenge
This crude oil desalter market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global crude oil desalter market as a part of the global oilfield equipment and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the crude oil desalter market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the crude oil desalter market encompasses successful business strategies deployed by the key vendors. The crude oil desalter market is fragmented and the vendors are deploying growth strategies such as the increase in M&A activities to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The crude oil desalter market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the crude oil desalter market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
28% of the market's growth will originate from APAC during the forecast period. China, Russia, and India are the key markets for crude oil desalter in APAC. Market growth in this region will be faster than the growth of the market in Europe.
The rising demand for crude oil in countries such as China, India, Japan, and South Korea will facilitate the crude oil desalter market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the crude oil desalter market in APAC was disrupted by the outbreak of COVID-19. Several countries, such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines, were under a partial or full lockdown due to the pandemic. However, the initiation of vaccination drives led to the lifting of lockdown restrictions in the last quarter of 2020. This has resulted in the resumption of operations in major crude oil desalter companies. Also, major oil refineries companies in the region have started their operations. Thus, with increasing oil and gas E and P activities in the region, the crude oil desalter market in the region is expected to grow during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The crude oil desalter market share growth by the multi-stage desalters segment will be significant during the forecast period. The addition of a desalter unit reduces the dilution water required for desalting, and desalter units can be added for further needs. The design of multi-stage desalters makes them suitable for use on heavy residuals and crudes. Such factors will foster the demand for multi-stage desalter, which, in turn, will drive the growth of the market in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the crude oil desalter market size and actionable market insights on post COVID-19 impact on each segment.
|
Crude Oil Desalter Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 0.9% |
|
Market growth 2022-2026 |
$ 11.93 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
0.7 |
|
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
|
Performing market contribution |
APAC at 28% |
|
Key consumer countries |
US, Saudi Arabia, China, Russia, and India |
|
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
|
Key companies profiled |
Agar Corp., Alfa Laval Corporate AB, AMR Process Inc., Canadian Petroleum Processing Equipment Inc., Croda International Plc, Dorf Ketal Chemicals I Pvt. Ltd., Emerson Electric Co., Forum Energy Technologies Inc., Frames Group, Mackenzie Hydrocarbons Australia Pty Ltd., McDermott International Ltd., Petro Techna International, Schlumberger Ltd., Veolia Environment SA, Vienerg Resources Pvt. Ltd., and VME Process Inc. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
