Demulsifier Market Analysis
Explore In-Depth Demulsifier Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2032
Demulsifier Industry Insights
Type Analysis
Oil-soluble demulsifiers account for the larger revenue share, of 60%, in 2024, and it will also have the higher CAGR over this decade. This is attributed to the added advantages they have over water-soluble demulsifiers, such as their superior performance at lower treating temperatures, improved fuel burning characteristics, and require smaller dosages than other products. Due to these factors, they are widely used in the crude oil industry to separate water from oil.
The water-soluble category is also expected to witness significant growth in the coming years. This can be because they are less expensive, which makes them a much more economical choice in the industry, although water-soluble demulsifiers are less effective than oil-soluble.
These types of demulsifiers are part of the research scope:
- Water-Soluble
- Oil-Soluble (Larger and Faser-Growing Category)
Application Insights
The crude oil processing category holds the largest revenue share in 2024. This is attributed to the surging oil exploration and refining activities both onshore and offshore, the expanding numbers of mature oilfields, and the rapid growth in shale oil and gas extraction. Despite global efforts to switch to renewable energy, oil still accounts for over 30% of the energy mix, as per the IEA. Moreover, from 154,987,160 Terajoules, the amount of all forms of energy supplied from crude oil rose to 190,563,173 Terajoules in 2019. It then fell sharply in 2020 and 2021 due to the pandemic and then, rose again past the 180-million-TJ mark in 2022.
Sludge oil treatment will have the highest CAGR, of 4.0%, during the forecast period. This is credited to the stringent environmental regulations to treat the sludge created in various industrial processes before being discharged into waterbodies. Sludge is produced in various industrial sites and at wastewater treatment plants and must be removed from the liquids before they can be let out into waterbodies.
We have covered these applications:
- Sludge Oil Treatment (Fastest-Growing Category)
- Petroleum Refining
- Crude Oil Processing (Largest Category)
- Lubricant Manufacturing
- Others
Regional Analysis
MEA is the leading market for demulsifiers, with 40% revenue, followed by North America, Europe, APAC, and LATAM. The regional market is also predicted to witness the fastest growth, of 4.0%, during the forecast period. This is due to the enormous deposits of crude oil in the region. For instance, large amounts of crude oil are produced by countries, including Saudi Arabia, the U.A.E., Iraq, Iran, and Kuwait. Additionally, the expanding crude oil production, mature oilfields, potential oilfield finds, and government and private player investments to support the expansion of oil & gas infrastructure reinforce the demulsifier use in the region.
In addition, according to studies, the demand for demulsifiers will increase, as the petroleum processing sector expands in North America. For instance, the U.S. is the largest producer of crude oil and Canada has the third-largest crude oil reserve, globally. Moreover, due to the region's increasing need for crude oil and the expanding lubricants business, North America holds second place in the global market.
Additionally, the APAC market is expected to grow considerably during the projection period. The surging economic growth, rapid urbanization, and rising buying power are driving businesses to establish industrial facilities in the region, which, in turn, drive the demand for demulsifiers. Moreover, the growing end-use industries, including oil & gas, pharmaceutical, and cottonseed oil, ease in government policies, and the rise in investments in the oil & gas sector will all contribute to the significant growth of the regional market.
The regional breakdown of the market is as below:
- North America
- U.S. (Larger and Faster-Growing Country Market)
- Canada
- Europe
- Russia (Fastest-Growing Country Market)
- Norway
- Germany (Largest Country Market)
- U.K.
- Italy
- Rest of Europe
- Asia-Pacific (APAC)
- China (Largest Country Market)
- Vietnam
- India (Fastest-Growing Country Market)
- Indonesia
- Malaysia
- Rest of APAC
- Latin America (LATAM)
- Brazil (Largest Country Market)
- Mexico (Fastest-Growing Country Market)
- Rest of LATAM
- Middle East and Africa (MEA) (Largest and Fastest-Growing Regional Market)
- South Africa
- Saudi Arabia (Fastest-Growing Country Market)
- U.A.E. (Largest Country Market)
- Rest of MEA
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