Crude Oil Desalter Market by Product and Geography - Forecast and Analysis 2022-2026

Published: Jun 2022 Pages: 134 SKU: IRTNTR73684

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.

What will the Crude Oil Desalter Market Size be During the Forecast Period?

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Crude Oil Desalter Market: Key Drivers, Trends, and Challenges

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

  • One of the key factors driving the global crude oil desalter market growth is the increase in demand for crude oil from developing countries.
  • The crude oil desalter market in developing countries such as Mexico, Angola, India, China, South Africa, Brazil, and Indonesia is registering significant growth.
  • Many OEMs of crude oil desalter are shifting their manufacturing operations to these countries because of factors such as availability of land, potential oil reserves, inexpensive labor, low transportation costs, and relaxed government norms.
  • In June 2021, XCMG Construction Machinery announced it would partner with Dangote Industries Limited, to construct the world's largest oil refinery project at Lekki Free Zone in Lagos, Nigeria.
  • The ongoing initiatives in India and China to reduce the dependency on crude oil exports are also expected to foster the demand for crude oil desalters.
  • Despite the outbreak of the COVID-19 pandemic, Brazil managed to produce an average of approx. 3.0 million barrels of oil per day (Mb/d) in 2020, which was almost 5.5% higher than the country's output of around 2.5 Mb/d in 2019.

Key Crude Oil Desalter Market Trend

  • Integration of refinery and petrochemical operations is one of the key crude oil desalter market trends that is expected to impact the industry positively in the forecast period.
  • Petrochemical products include polyethylene (PE), fertilizers, and industrial chemicals, which are used in various industries such as construction, textiles, and manufacturing.
  • The growth of the global petrochemicals market is driven by the increasing demand from developing countries.
  • The economic growth of developing countries has increased the purchasing capacity of people. India and China are in the process of setting up several new petrochemical complexes to meet the growing demand for petrochemical products.
  • The benefits of integrating petrochemical and refinery operations include improved operating efficiency of both industries, reduced cost of transportation, and flexibility in operations.

Key Crude Oil Desalter Market Challenge

  • One of the key challenges to the global crude oil desalter market growth is the increasing investments in renewable power generation.
  • According to EIA, in 2021, global annual energy investment reached USD 1.9 trillion, recovering nearly 10% from 2020, and the total investment is projected to return to pre-crisis levels.
  • The global power sector investment increased by 5% in 2021 compared to the previous year.
  • Renewable energy dominated investment in new generation and was estimated to account for 70% of total spending of USD 530 billion in all new generation capacity in 2021.
  • In 2020, investment in the energy sector outpaced the oil and gas business for the sixth consecutive year.
  • The withdrawal of investments by the World Bank in upstream oil and gas projects after 2019 indicates its lack of confidence in the future of fossil fuels, which may hamper the growth of the market in the coming years. 

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.

Parent Market Analysis

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.

Who are the Major Crude Oil Desalter Market Vendors?

The report analyzes the market's competitive landscape and 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.
  • VME Process Inc.

 

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.

Product Insights and News

  • Agar Corp. - The company offers a crude oil desalter system that helps in the removal of chlorides, and other water-soluble compounds from crude oil.
  • Alfa Laval Corporate AB - The company offers a crude oil desalter system that helps in removing salts and solids from crude oil which is critical to refinery production efficiency.

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.

Crude Oil Desalter Market Value Chain Analysis

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.

Which are the Key Regions for Crude Oil Desalter Market?

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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.

What are the Revenue-generating Product Segments in the Crude Oil Desalter Market?

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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

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What are the Key Data Covered in this Crude Oil Desalter Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive crude oil desalter market growth during the next five years
  • Precise estimation of the crude oil desalter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the crude oil desalter industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of crude oil desalter market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Multi-stage desalter - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Multi-stage desalter - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Multi-stage desalter - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Multi-stage desalter - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Multi-stage desalter - Year-over-year growth 2021-2026 (%)
  • 5.4 Single-stage desalter - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Single-stage desalter - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Single-stage desalter - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Single-stage desalter - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Single-stage desalter - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Russia - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Russia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Russia - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Russia - Year-over-year growth 2021-2026 (%)
  • 7.11 India - Market size and forecast 2021-2026
    • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.12 Saudi Arabia - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Saudi Arabia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Saudi Arabia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Saudi Arabia - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Saudi Arabia - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Agar Corp.
    • Exhibit 89: Agar Corp. - Overview
    • Exhibit 90: Agar Corp. - Product / Service
    • Exhibit 91: Agar Corp. - Key offerings
  • 10.4 Alfa Laval Corporate AB
    • Exhibit 92: Alfa Laval Corporate AB - Overview
    • Exhibit 93: Alfa Laval Corporate AB - Business segments
    • Exhibit 94: Alfa Laval Corporate AB - Key news
    • Exhibit 95: Alfa Laval Corporate AB - Key offerings
    • Exhibit 96: Alfa Laval Corporate AB - Segment focus
  • 10.5 AMR Process Inc.
    • Exhibit 97: AMR Process Inc. - Overview
    • Exhibit 98: AMR Process Inc. - Product / Service
    • Exhibit 99: AMR Process Inc. - Key offerings
  • 10.6 Canadian Petroleum Processing Equipment Inc.
    • Exhibit 100: Canadian Petroleum Processing Equipment Inc. - Overview
    • Exhibit 101: Canadian Petroleum Processing Equipment Inc. - Product / Service
    • Exhibit 102: Canadian Petroleum Processing Equipment Inc. - Key offerings
  • 10.7 Croda International Plc
    • Exhibit 103: Croda International Plc - Overview
    • Exhibit 104: Croda International Plc - Business segments
    • Exhibit 105: Croda International Plc - Key news
    • Exhibit 106: Croda International Plc - Key offerings
    • Exhibit 107: Croda International Plc - Segment focus
  • 10.8 Dorf Ketal Chemicals I Pvt. Ltd.
    • Exhibit 108: Dorf Ketal Chemicals I Pvt. Ltd. - Overview
    • Exhibit 109: Dorf Ketal Chemicals I Pvt. Ltd. - Product / Service
    • Exhibit 110: Dorf Ketal Chemicals I Pvt. Ltd. - Key offerings
  • 10.9 Emerson Electric Co.
    • Exhibit 111: Emerson Electric Co. - Overview
    • Exhibit 112: Emerson Electric Co. - Business segments
    • Exhibit 113: Emerson Electric Co. - Key news
    • Exhibit 114: Emerson Electric Co. - Key offerings
    • Exhibit 115: Emerson Electric Co. - Segment focus
  • 10.10 Forum Energy Technologies Inc.
    • Exhibit 116: Forum Energy Technologies Inc. - Overview
    • Exhibit 117: Forum Energy Technologies Inc. - Business segments
    • Exhibit 118: Forum Energy Technologies Inc. - Key offerings
    • Exhibit 119: Forum Energy Technologies Inc. - Segment focus
  • 10.11 Frames Group
    • Exhibit 120: Frames Group - Overview
    • Exhibit 121: Frames Group - Product / Service
    • Exhibit 122: Frames Group - Key offerings
  • 10.12 McDermott International Ltd.
    • Exhibit 123: McDermott International Ltd. - Overview
    • Exhibit 124: McDermott International Ltd. - Product / Service
    • Exhibit 125: McDermott International Ltd. - Key news
    • Exhibit 126: McDermott International Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 127: Inclusions checklist
    • Exhibit 128: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 129: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 130: Research methodology
    • Exhibit 131: Validation techniques employed for market sizing
    • Exhibit 132: Information sources
  • 11.5 List of abbreviations
    • Exhibit 133: List of abbreviations

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

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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