Demulsifier Market Share

Middle East & Africa Market Forecast

The Middle East & Africa demulsifier market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The expansion of oil & gas industry in the region. Further, the increasing production of crude oil in countries such as Saudi Arabia, UAE, Kuwait, Iraq, and South Africa is expected to increase demand for demulsifiers in the region. For instance, crude oil production in Saudi Arabia increased from 8,500 thousand barrels per day (b/d) in 2021 to 10,400 thousand b/d in 2022 growing at a rate of 1.80% on an annual basis. As a result, demulsifiers have been in high demand in the country. Furthermore, onshore and offshore oil extraction activities in different Middle East & Africa countries and the presence of a large number of key market players are further expected to drive the global demulsifier market growth in the region over the forecast period.

Frequently Asked Questions (FAQ)

Increasing crude oil production along with thehigh demand of petroleum products are the major factors driving the growth of the demulsifier market.

The market is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2023-2035.

Disruption in production activities and strict environmental restrictions on the use of chemical demulsifiers are challenges expected to hamper market growth.

The market in the Middle East & Africa region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are BASF SE, Clariant Ltd., Nouryon Chemicals Holding B.V., Siltech Corporation, Innospec Inc., Schlumberger Limited, Baker Hughes Company, The Dow Chemical Company, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by chemical type, product type, application, and by region.

The water soluble demulsifier segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Demulsifier Market Share