Demulsifiers Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Demulsifiers Market is Segmented By Product (Oil-Soluble Demulsifiers, Water-Soluble Demulsifiers), By Type(Treaters, Droppers, Hybrids, Others), By Chemistry(Acid-catalyzed phenol-formaldehyde resins, Base-catalyzed phenol-formaldehyde resins, Epoxy resins, Polyethyleneimines, Polyamines, Di-epoxides Polyols, Dendrimer, Others), By Carrier Chemical (Xylene, Heavy Aromatic Naphtha (HAN), Isopropanol, Methanol, Ethylhexanol, Others), By Application(Crude Oil, Sludge Oil Treatment, Lubricant Manufacturing, Oil-based Power Plants, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2023-2029

Demulsifiers Market Size, Demand Insights

Global Demulsifiers Market reached US$ 2.3 Billion and is expected to reach US$ 3.1 Billion by 2030, growing with a CAGR of 3.7% during the forecast period 2023-2030.

Demulsifiers Market Scope and Summary

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Demulsifiers, or emulsion breakers, are chemicals that could separate emulsions such as water in oil. Demulsifiers are widely used in processing crude oil, which contains a significant amount of saline water. Polyamines, phenol-formaldehyde, epoxy resins, polyols, epoxides, and polyamines are some of the major demulsifiers currently available in the market. Normally the combination of propylene oxide and ethylene oxide could control the strength of a demulsifier. Further, in the market, formulations exist that combine two or more compounds with carrier solvents, including xylene, methanol, diesel, isopropanol, or heavy aromatic naptha.

Demulsifiers have a multitude of uses in the petroleum industry, where demulsification is a crucial procedure for removing salt and water from an emulsion before crude oil refining. In case this step is neglected, the salt and water in the emulsion may cause problems throughout the refining process, such as severe corrosion of equipment. An increasing number of onshore and offshore crude oil fields are now generating crude oil and water emulsions. Demulsifiers are generally used to prevent the formation of recurring oil emulsions. Additionally, synthetic emulsifiers are added to separate the oil and water from emulsions through sedimentation.

Source: DataM Intelligence Analysis (2023)

Demulsifiers Market Dynamics and Trends

The growing crude oil production and demand are expected to uplift the global demulsifiers market. Nevertheless, the harmful environmental repercussions of chemical demulsifiers and stringent government regulations against the respective chemicals' widespread utilization a market restraints.

Rising crude oil demand and production

Demulsifiers have a multitude of implications in the petroleum sector, where they've been utilized to remove moisture from oil. Demulsifiers are effective chemicals used in the industrial process to remove emulsified water from crude oil to contain fierce equipment corrosion throughout the refining process.

According to data, global oil output reached 1.5 million barrels per day (mb/d) in November and December 2021, with the U.S. accounting for 400 kb/d of that increase. Saudi Arabia and Russia contributed 330 kb/d, allowing OPEC to reach its commitments. In October 2021, total oil output surged by 1.4 million barrels per day (m/d) after the U.S. recovered from Hurricane Ida. From October to December, global refining output was boosted approximately by 3 mb/d due to seasonal maintenance. A similar maturation trend is anticipated from global crude oil production due to experiencing demand growth for energy sources in varied industrial sectors such as automotive and chemical manufacturing.

The demand and sales for emulsifiers are predicted to become more prevalent as the oil and gas industry expands, as demulsifiers make superior quality crude easier to produce. As a result of the enormous market need for petroleum and its elevation in production, the global demulsifier market is expected to witness a major expansion. Therefore, the respective factor should be a major market driver for the global demulsifier market.

Harmful environmental repercussions of chemical demulsifiers and stringent government regulations against the respective chemicals' widespread utilization

Though chemical demulsifiers are employed for the effective separation of Water in Oil emulsions, they are prohibited by world governments due to their detrimental environmental impact. Demulsifiers are naturally hazardous due to chemicals such as methylbenzene, found in commercially available polymer demulsifiers such as polypropylene and polyoxyethylene, and could pollute the environment when disposed of in the water. After demulsification, the separated water is released into the sea, thereby contaminating the ecosystem.

Since the use of such harmful substances is severely restricted and regulated by government authorities, the demand and sales of chemical demulsifiers tend to be stifled and market expansion could be restricted. Therefore, the strict environmental laws on the usage of chemical demulsifiers are expected to hinder the global demulsifier market's growth and could be considered a major market restraint.

COVID-19 Impact on Demulsifiers Market Growth

The COVID-19 pandemic's impact on the global demulsifiers market is detrimental for the reasons listed below:

• First, lockdowns, social distancing, and global border closures have caused interruptions in the production and supply of petroleum and petroleum-based products. In April 2020, for instance, as the COVID-19 pandemic expanded, U.S. oil prices began to plummet when contracts expired and merchants were obliged to sell inventories as storage became scarce. 
• Second, demulsifiers are chemical substances that necessitate large machinery and a large number of chemicals as raw materials. Due to pandemic-related disruptions in the manufacturing and supply chain, paraffin inhibitor production and supply in the market have decreased.

Nonetheless, when the pandemic subsides, the global demulsifiers market is predicted to increase dramatically due to an experienced global growth in energy consumption, which would significantly enhance output in the global petroleum industry, where paraffin wax inhibitor is an important addition.

Demulsifiers Market Segment and Shares Analysis

The global demulsifiers market is categorized based on product, type, chemistry, carrier solvent, application, and region.

Power generation dominates the global demulsifiers market due to the global paradigm shift toward renewable energy

The global demulsifiers market is segmented into oil-soluble demulsifiers and water-soluble demulsifiers based on product. Water-soluble demulsifiers dominate the respective segment of the market in terms of share due to the product's ability to conjure easily with emulsion and initiate the braking process. Further, characteristics of water-soluble demulsifiers, such as non-hazardous, non-toxic, and anti-inflammatory qualities, low cost, non-requirement of material handling safety standards, and quick salt removal in crude oil, are also expected to drive the respective segment's expansion. Additionally, the growing knowledge base about water-soluble polymer demulsifiers and their utilization is also expected to help the segment propel forward in the market.

Source: DataM Intelligence Analysis (2023)

Demulsifiers Market Geographical Analysis

The vast oil reserves and high petrochemical production entitles North America to dominate the global demulsifiers industry

North America currently dominates the global demulsifiers market and is projected to continue to do so in the foreseeable future, owing to rising demand for demulsifiers as a result of technological breakthroughs and the implementation of unconventional oil extraction methods. Furthermore, the Middle East and Africa have a strong demand for demulsifiers due to the region's substantial oil reserves and petrochemical companies.

Source: DataM Intelligence Analysis (2023)

Demulsifiers Companies and Competitive Landscape

The global paradigm change toward sustainable and renewable energy sources makes the global demulsifiers industry more competitive. Furthermore, various local and global businesses boost competition in the specific market environment.

BASF SE, Croda Global plc, Schlumberger Limited, Clariant, Ecolab, Halliburton, Momentive, Akzo Nobel N.V., Huntsman, and Baker Hughes Company are the market's key players. The key companies are known to use various market strategies, such as mergers, acquisitions, product launches, contributions, and partnerships, to attain success in the global demulsifiers market.

• For instance, on September 25, 2021, SI Group, Inc., chemical intermediates, specialized resins, and solutions developer and manufacturer, launched REZIFLOW. REZIFLOW resins are a family of alkylphenol-based resins used to separate oil and water. Even at lower dosing rates, REZIFLOW products provide increased water clarifying and much faster separation time, 30-50% faster than competing products.

Clariant

Overview: Clariant, established in 1941 and headquartered in Muttenz, Switzerland, is one of the world's leading specialty chemical companies, contributes to value creation by offering clients in various industries innovative and sustainable solutions. The company's portfolio meets very specialized demands exactly as possible while also focusing on research and development to meet these expectations. Energy efficiency, renewable raw materials, zero-emission mobility, and resource conservation, are all part of the company's product line. Clariant's business comprises care chemicals, natural resources, and catalysis.

 Product Portfolio:

• PHASETREAT: The product is a hi-tech demulsifier and is useful in the case of light, medium and heavy crudes, ASP and steam flood systems, EOR – polymer flood systems, slop oil, oil sands, naphthenic crude and fluid and solid separation. The product finds applications in dry export oil, rapid water drop, optimized process control, low salt in crude, oil recovery of crude processing waste and sludge, high-quality effluent water for disposal re-injection, and the reduction/elimination of high viscosity emulsions. Furthermore, the issues of producing acidic crude oil with high quantities of naphthenic acid are also addressed by PHASETREAT products.

Key Development:

• On December 1, 2021, Clariant Oil Services announced that it would present a wide range of hi-tech oilfield chemistry products such as corrosion inhibition, anti-agglomerates, and demulsifier formulations, among others, to the 2021 SPE Global Conference, which was held in Texas.

Why Purchase the Report?

• To visualize the global demulsifiers market segmentation by product, type, chemistry, carrier chemical, application, and region and understand key commercial assets and players.
• Identify commercial opportunities in the global demulsifiers market by analyzing trends and co-development.
• Excel data sheet with numerous data points of demulsifiers market-level with four segments.
• PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of critical products of all the major market players

The global demulsifiers market report would provide approximately 76 tables, 89 figures, and almost 180 pages.

Target Audience 2023

• Demulsifiers Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Distributors/Supplier