Crude oil desalters and electrostatic dehydrators Market to grow at over 4% CAGR from 2017 to 2024
Crude oil desalter and electrostatic dehydrator market can be broadly segmented into crude oil desalter and electrostatic dehydrator. Crude oil desalter finds wide application in the downstream sector. It can be segmented into single, double and triple stage crude oil desalter. In 2014, double stage crude oil desalter witnessed the highest growth owing to rising acceptance of heavy crude oil in refineries.
Triple stage crude oil desalter is expected to witness growth subject to its ability to provide 98 percent efficiency in salt removal.
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Increasing investment for upgradation and expansion of refineries mainly in China and India will positively encourage the crude oil desalter and electrostatic dehydrator market size. The China-Venezuela Joint Commission is planning to expand Puerto La Cruz refinery. This alliance will raise the capacity of the refinery from 129,000 to 210,000 barrels of oil per day. The declining crude oil prices leading to higher refinery profit margins will further propel the industry size.
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Increasing demand for desalter and dehydrator equipment to reduce the salt and water content across upstream and downstream sector will stimulate crude oil desalter and electrostatic dehydrator market share. The most common salts present in crude oil are calcium chloride, sodium chloride and magnesium chlorides. Salts present in the crude oil poison the processing catalysts and promote corrosion.
Increasing demand for fluid catalytic cracker unit to crack bigger molecules into lighter ones and convert them into more usable products will further drive crude oil desalter and electrostatic dehydrator market share. Reliance imported around 60,000 to 90,000 tonnes of heavy full-range naphtha to meet the demand and supply gap due to its increasing petrochemical capacity.
Reasons to Buy This Report:
1. Crude oil desalters and electrostatic dehydrators Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Crude oil desalters and electrostatic dehydrators Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Based on type, Electrostatic dehydrator market can be segmented into AC, DC, and AC-DC electrostatic dehydrator. Electrostatic dehydrators are mainly used in upstream operations including FPSOs. Alternating current (AC) is anticipated to witness growth due to its reliability and operational simplicity features unlike DC / AC+DC which have tendency of arching and electricity complexity. DC electrostatic dehydrator is expected to witness growth on account of its ability to dehydrate refined petroleum products having less water content and light crude oil.
Middle East & Africa accounted for the major share in global crude oil desalter and electrostatic dehydrator market in 2014. Increasing exploration and production in Saudi Arabia will encourage the industry growth. In Middle East countries including Iran, Iraq, Saudi Arabia, Kuwait, and UAE are the largest oil producing countries.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1270
Asia Pacific crude oil desalter and electrostatic dehydrator market share is anticipated to witness strong growth owing to increasing investment towards refinery expansions mainly in China and India. In 2017, HPCL announced to invest USD 150,000 million to expand the Mumbai refinery to produce diesel and gasoline, meeting euro IV quality specifications.
North America crude oil desalter and electrostatic dehydrator market is expected to witness significant growth owing to increasing exploration and production of shale gas.
Reducing demand for refined petroleum products including diesel and gasoline will hamper the Europe crude oil desalter and electrostatic dehydrator market share from 2016 to 2024. Government measures to encourage adoption of renewable energy technologies will negatively impact the regional industry growth. Europe introduced directive 2009/28/EC with aim to fulfil renewable energy target by 27% by 2030 which is further expected to hinder the industry outlook.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Triple stage crude oil desalter is expected to witness growth subject to its ability to provide 98 percent efficiency in salt removal.
Purchase This Report by calling Global Market Insights, Inc. at 1-888-689-0688 (Toll Free) or 1-302-846-7766.
Increasing investment for upgradation and expansion of refineries mainly in China and India will positively encourage the crude oil desalter and electrostatic dehydrator market size. The China-Venezuela Joint Commission is planning to expand Puerto La Cruz refinery. This alliance will raise the capacity of the refinery from 129,000 to 210,000 barrels of oil per day. The declining crude oil prices leading to higher refinery profit margins will further propel the industry size.
Request for table of contents of this research report @
https://www.gminsights.com/request-toc/upcoming/1270
Increasing demand for desalter and dehydrator equipment to reduce the salt and water content across upstream and downstream sector will stimulate crude oil desalter and electrostatic dehydrator market share. The most common salts present in crude oil are calcium chloride, sodium chloride and magnesium chlorides. Salts present in the crude oil poison the processing catalysts and promote corrosion.
Increasing demand for fluid catalytic cracker unit to crack bigger molecules into lighter ones and convert them into more usable products will further drive crude oil desalter and electrostatic dehydrator market share. Reliance imported around 60,000 to 90,000 tonnes of heavy full-range naphtha to meet the demand and supply gap due to its increasing petrochemical capacity.
Reasons to Buy This Report:
1. Crude oil desalters and electrostatic dehydrators Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Crude oil desalters and electrostatic dehydrators Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Based on type, Electrostatic dehydrator market can be segmented into AC, DC, and AC-DC electrostatic dehydrator. Electrostatic dehydrators are mainly used in upstream operations including FPSOs. Alternating current (AC) is anticipated to witness growth due to its reliability and operational simplicity features unlike DC / AC+DC which have tendency of arching and electricity complexity. DC electrostatic dehydrator is expected to witness growth on account of its ability to dehydrate refined petroleum products having less water content and light crude oil.
Middle East & Africa accounted for the major share in global crude oil desalter and electrostatic dehydrator market in 2014. Increasing exploration and production in Saudi Arabia will encourage the industry growth. In Middle East countries including Iran, Iraq, Saudi Arabia, Kuwait, and UAE are the largest oil producing countries.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1270
Asia Pacific crude oil desalter and electrostatic dehydrator market share is anticipated to witness strong growth owing to increasing investment towards refinery expansions mainly in China and India. In 2017, HPCL announced to invest USD 150,000 million to expand the Mumbai refinery to produce diesel and gasoline, meeting euro IV quality specifications.
North America crude oil desalter and electrostatic dehydrator market is expected to witness significant growth owing to increasing exploration and production of shale gas.
Reducing demand for refined petroleum products including diesel and gasoline will hamper the Europe crude oil desalter and electrostatic dehydrator market share from 2016 to 2024. Government measures to encourage adoption of renewable energy technologies will negatively impact the regional industry growth. Europe introduced directive 2009/28/EC with aim to fulfil renewable energy target by 27% by 2030 which is further expected to hinder the industry outlook.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
Connect with us: Google+ | LinkedIn | Twitter | Facebook