Crude Oil Flow Improvers Market Demand, Size , Share, Industry
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Control over the viscosity of the heavy oil is essential for long-distance transport without affecting the quality or state. Crude oil flow improvers maintain the consistency of crude oil during processing and transportation. Moreover, it acts as an additive that delivers apt solutions in all the stages of crude oil extraction from the reservoir to the refinery and maximizes production. This additive is used as a drag-reducing component and also added in pipeline fluids for maximizing turbulence, preventing blockage, and decreasing energy loss
Data Bridge Market Research analyses that the crude oil flow improvers market, valued at USD 1.69 billion in 2022, will reach USD 2.58 billion by 2030, growing at a CAGR of 5.44% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Crude Oil Flow Improvers Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 - 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Type (Emulsion Breakers, Paraffin Inhibitors, Asphaltene Inhibitors, Scale and Corrosion Inhibitors, Drag Reducing Agent, Hydrate and Hydrogen Sulfide Inhibitors, Viscosity Reducers, Pour Point, Pour Point Depressants, Triethanolamine, Polymer Blend, Others), Application (Extraction, Pipelines and Transportation, Processing, Refinery, Others), Supply Mode (Direct, Through Distributor) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
| Market Players Covered | Halliburton Energy Services, Inc. (U.S.), BASF SE (Germany), SLB (U.S.), CLARIANT (Switzerland), Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.), The Lubrizol Corporation (U.S.), Infineum International Limited (U.K.), WRT BV (Netherlands), PRODUCTION CHEMICAL GROUP (U.K.), Berkshire Hathaway Inc. (U.S.), Thermax Limited. (India), Ecolab (U.S.), Evonik Industries AG (Germany), NOV Inc (U.S.), Dow (U.S.), Innospec (U.S.), Sterling Auxiliaries Private Limited (India), Tricon Piping, Inc. (U.S.), Chevron Corporation. (U.S.), The Chemours Company, Chemours (U.S.) |
| Market Opportunities | Demand for paraffin and asphaltene inhibitors as crude oil hydrocarbon production risesAs crude oil demand rises, the market for crude oil flow improvers will expand |
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