Demulsifier Market Report, By Type (Oil Soluble and Water Soluble), Application (Crude Oil, Lubricant Manufacturing, Oil-Based Power Plants, Petro Refineries, Sludge Oil Treatment) and Geography - Global Market Share, Trend Analysis & Forecast

Demulsifiers are active chemicals used to separate emulsified water from crude oil during production processes. Demulsification is an important process carried out to remove salt and water in the emulsion. Demulsification is done prior to the refining of crude oil. If skipped, the salt and water present in emulsion may create hindrance during the refining process. This can lead to severe corrosion of equipment.  Demulsifiers primarily thwart the repeated oil emulsion formulation. For this purpose, synthetic demulsifiers are added to the emulsion to separate oil from the water through the process of sedimentation. Conventional demulsifiers used for such process include epoxy resins, polyamines, polyols and others. The demand for green demulsifiers has increased drastically in the last few years.  

Demulsifier Market Trends

• The rising demand for energy and the increase in crude oil production post COVID-19 pandemic are the factors expected to drive the demulsifier market during the forecast period
• Emphasis on the use of green demulsifiers, which are manufactured using environmentally-friendly chemicals, is projected to offer lucrative opportunities for the market during the forecast period

Demulsifier Market Outlook

• An increase in crude oil production post COVID-19 pandemic is expected to drive the demulsifier market during the forecast period
• Aging and mature oil fields, heavy oil, and offshore oil fields consume higher quantities of demulsifiers; however, toxic effects of chemicals used in demulsifiers on the environment and implementation of stringent government regulations are projected to hamper the demand for demulsifiers during the forecast period

Demulsifier Market COVID-19 Impact

• The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the chemical industry, as well as large companies and governments, to restock supply chains
• The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic
• Rising support from governments and several companies can help in the fight against this highly contagious disease

Demulsifier Market Regional Trends

The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa. The Middle East is expected to account for the largest share in the global demulsifier market during the forecast period, in terms of both volume and value. The countries dominating the demulsifier market in the Middle East are Saudi Arabia, the UAE, Iran, Iraq, and Kuwait. Crude oil is the major application of demulsifiers in this region. Although the majority of the production is from onshore reserves, there are offshore reserves that are being developed in the Red Sea region by Saudi Aramco, a state-owned company of Saudi Arabia. 

Demulsifier Market Segmental Highlights

• The report analyses the global demulsifier market based on type, application and geography
• In terms of type, the market is divided into oil soluble and water soluble
• The oil soluble segment is expected to lead the global demulsifier market during the forecast period, followed by water-soluble
• Various application studied in the market are classified into crude oil, lubricant manufacturing, oil-based power plants, petro refineries, sludge oil treatment, other applications such as, cotton seed oil, dyes & pigments, pesticides, and pharmaceuticals

Demulsifier Market Key Players

The key companies in the Demulsifier market are AkzoNobel N.V., Aurorachem, Baker Hughes Incorporated, BASF SE, Chemiphase Ltd., Clariant AG, Cochran Chemical Company, Croda International Plc, Ecolab Inc., Halliburton, Innospec Inc., Momentive Performance Materials, Inc., Roemex Limited, Schlumberger Limited, and The Dow Chemical Company. New demulsifier product launches and strategic acquisitions is primarily focused by many industry players so as to maintain competitive edge in the market. Companies such as BASF SE, Croda International, Schlumberger Ltd, Baker Hughes Inc., AkzoNobel N.V., Clariant AG, and The Dow Chemical Company are the key demulsifier market players who focus on these strategies to expand their customer base and widen their product portfolio. Many companies are looking to engage in new geographical areas to cater the growing demand for demulsifiers in the market.