Oil Desalting Systems Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2026
Added: (Fri Nov 23 2018)
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Recovered petroleum crude oil from reservoirs includes several impurities such as, drilling water, salts & sand and polymers. In order to remove these impurities from crude oil, desalting systems are used which is also known as oil desalting systems. Oil desalting systems is used to remove salts from oil so that it can be processed in a refinery. If in case oil is not treated with the desalting systems then the impurities, salt and water present in oil will causes problems in operations as well as in maintenance which includes abrasion, fouling of equipment, corrosion and poisoning of catalysts in processing division. Oil desalting systems is very effective methods to reduce water and salt content from oil. The system is embedded with different components such as electrodes, level control device, process levels, mud wash. Oil desalting systems is usually the primary process in the upstream operations. On the basis of specification, oil desalting systems is dependent on a few fundamental parameters such as Pressure, temperature, flow rate and fluid viscosity.
Market Dynamics: Oil Desalting Systems Market
The global oil desalting systems plays a vital role for the oil & gas sector, increasing growth in the refineries in the near term is expected to gain traction in between the forecast period. There are several drivers which can lift the oil desalting systems market upwards in the near future such as emergence of petroleum refineries in several region and in- house production units is expected to boost the market growth. In addition, rising importance of fluid catalytic units is also expected to create positive impact on the growth of oil desalting systems market. However, declining imports of crude oil from European region is expected to create challenge for oil desalting systems market in the near future.
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On the basis of application, the heavy crude desalting systems segment is estimated to account for more than one third of market share in volume and value terms. In terms of regional perspective, oil desalting systems market in Asia Pacific is expected to fuel the demand in the coming future with relatively significant growth in the same period. The oil desalting systems market in Asia Pacific is expected to account for more than one third of the market volume and value share and also estimated to expand at a significant CAGR in the near future.
Market Segmentation: Oil Desalting Systems Market
Oil desalting systems market is segmented on the basis of product type and application
On the basis of product type, oil desalting market segmented as
Single Stage Desalter
Two Stage Desalter
Three Stage Desalter
On the basis of application, oil desalting systems market segmented as
FCC Feed Desalting
Heavy Crude Desalting
Regional Outlook: Oil Desalting Systems Market
Sound economic growth in developing economies is expected to create significant business opportunities for the oil desalting systems market over the forecast period in the region. The demand for oil desalting systems is also increasing in the oil & gas industry in the APEJ followed by North America and Middle East & Africa market. The oil desalting systems market in China is growing at a significant CAGR since the last few years and will offer extensive growth opportunities in the coming future. Expansion of oil refinery in Saudi Arabia and other Middle East countries can be taken as another opportunity in the oil desalting systems market. Also, the presence of small key players in these emerging countries is also expected to boost revenue growth of the oil desalting systems market in the coming future.
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Some of the key players of oil desalting systems market are the
Croda International Plc
Petro-Techna International, ICE (Asia) Pvt. Ltd
Canadian Petroleum Processing Equipment Inc.
Komax systems Inc.
GasTech Engineering Corp
Agar Corporation Ltd.
Cameron International Corporation
VME Process Inc.
The research report on oil desalting systems presents a comprehensive assessment of the oil desalting systems market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Oil desalting systems also contains projections using a suitable set of assumptions and methodologies. The oil desalting systems report provides analysis and information according to market segments such as geographies, application, and industry.