Central India Chronicle

Baker Hughes (US) and Clariant (Switzerland) are the Major Players in the Demulsifier Market

 Breaking News
  • No posts were found

Baker Hughes (US) and Clariant (Switzerland) are the Major Players in the Demulsifier Market

April 08
19:12 2021
Baker Hughes (US) and Clariant (Switzerland) are the Major Players in the Demulsifier Market

Browse 102 market data tables and 43 figures spread through 182 pages and in-depth TOC on “Demulsifier Market”
Demulsifier Market by Type (Oil Soluble, Water- Soluble), Application (Crude Oil Production, Petro Refineries, Lubricant Manufacturing Process, Oil-based Power Plants, Sludge Oil Treatment Process), Region

The demulsifier market size is projected to reach USD 2.6 billion by 2025 from USD 2.1 billion in 2020, at a CAGR of 4.0%, during the forecast period. The Middle East is the largest market, followed by North America and Europe. An increase in crude oil production post COVID-19 pandemic is expected to drive the market. Stringent environmental regulations and geopolitical issues in the Middle East region are the factors restraining the market growth. The discovery of new oilfields, an increase in aging oil reservoirs, and increasing demand for green demulsifiers are expected to provide high growth opportunities to manufacturers.

The Middle East is the largest demulsifier market. 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. The rise in the number of exploration activities in the region post COVID-19 pandemic is expected to drive the demulsifier market.

Baker Hughes Incorporated (US), Clariant (Switzerland), The Dow Chemical Company (US), Croda International (US), Ecolab Inc. (US), Halliburton (US), Schlumberger Limited (US), BASF SE (Germany), Nouryon (Netherlands), and Momentive Performance Materials (US) are the major players in this market.

To know about the assumptions considered for the study download the pdf brochure

Baker Hughes (US) is focusing on new product development to strengthen its product portfolio and to be able to cater to the specific needs of its customers. For instance, Baker Hughes launched the Tretolite Snap, which is a fluid separation technology. This technology includes demulsification and water clarification, which assist the operator in sustaining dry oil and good water quality without limiting the production. The company is striving to take initiatives in terms of innovation and development of new technologies to maintain a competitive edge in the market.

Clariant is strongly focusing on divestment strategy by divesting its masterbatch and pigments business units. The divestment strategy will help the company focus on its core business areas, including care chemicals, natural resources, and catalysis. The company continues to focus on innovation and sustainability, portfolio management, and development of its existing core business areas. It is strengthening its product portfolio in existing and adjacent markets through innovative and cost-effective investments. The company is intensifying its growth by strengthening its market presence in Asia and North America, which hold significant growth potential. The company is also aiming to become a leading solution provider and preferred partner for customers through geographical expansion, diversification of customer base, and new business developments.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=69682501

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/demulsifier-market-69682501.html

Related Articles