Product Type (Single-stage, Two-stage, Three-stage)
The two-stage segment is anticipated to hold 50% share of the global crude oil desalter market during the forecast period. Two-stage desalters are highly efficient and they remove 95%-98% of salts from crude oil. Comprising two coalesces, a two-stage desalter is preferred to attain excess water dilution or to attain the desired concentration of the desired salt. Crude with salt concentrations up to 100 PTB and 0.1 to 0.2% water can be a much less expensive feedstock for those employing a two-stage desalter system. The flowability of crude is improved by cleaning pipes, pumps, heat exchangers, etc. Therefore, these factors are driving the growth of the segment.
Industry Vertical (Oil Field, Oil Refineries, FCC Feed Desalting, Heavy Crude Desalting, Distillate Treating)
Crude oil desalter market from the oil refineries segment is projected to hold a share of 36% during the forecast period. The market growth can be attributed to the growing consumption of petroleum products such as gasoline, jet fuel, and lubricants. Also, strict government regulations about carbon emissions and a positive outlook toward the aviation and road transportation sectors are some of the factors augmenting the demand for refined products. Furthermore, rapid industrialization and urbanization coupled with a rise in population across developing economies, such as China, and India, led to a surge in demand for passenger commercial vehicles. Attributed to the growing number of vehicles across these countries, is the demand for petroleum and diesel. Also, to meet growing demand, countries such as India, are aiming to double their refining capacity to around 450-500 million tons in the next ten years by setting up a new refinery.
Our in-depth analysis of the global crude oil desalter market includes the following segments:
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Author Credits: Dhruv Bhatia
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