Press Release

Crude Oil Desalter Market to Grow with a CAGR of 5.19% through 2029

Increasing demand for crude oil & the need to improve its quality and rising adoption of desalting technologies are likely to drive the Market in the forecast period.


According to TechSci Research report, “Crude Oil Desalter Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, Global Crude Oil Desalter Market was valued at USD 208.63 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.19% through 2029. The Global Crude Oil Desalter Market is experiencing a surge in demand in the forecast period. One significant driver propelling the global Crude Oil Desalter market is the increasing emphasis on environmental awareness and stringent regulatory frameworks. Governments and international bodies are placing greater scrutiny on industrial processes, necessitating refineries to adhere to strict environmental standards. Crude oil, when extracted, contains impurities like salts and water, which, if not effectively removed, can lead to corrosion in refining equipment and environmental contamination. To meet these regulations and ensure sustainable practices, refineries are investing in advanced desalting technologies.

The demand for efficient desalters has surged as refineries seek to reduce their environmental footprint by mitigating the release of pollutants during the refining process. The Crude Oil Desalter market responds to this demand by providing technologies that not only comply with environmental regulations but also contribute to the overall eco-friendly profile of the refining industry. This driver underscores the pivotal role of desalting technologies in aligning the oil and gas sector with global sustainability objectives. The relentless global demand for refined petroleum products serves as a driving force for the Crude Oil Desalter market. As economies grow and industrialize, the need for energy, particularly in the form of refined products like gasoline, diesel, and jet fuel, continues to escalate. Crude oil, the primary raw material for these products, often contains impurities that can compromise the efficiency of refining processes. Desalters play a critical role in purifying crude oil by removing contaminants, ensuring the integrity of downstream equipment and the quality of the final products.

The rise in global population, coupled with urbanization and industrial expansion, intensifies the demand for refined products, thereby increasing the reliance on efficient desalting technologies. The Crude Oil Desalter market responds to this driver by providing solutions that enhance the overall refining process, contributing to the production of high-quality petroleum products. This driver highlights the indispensable role of desalting technologies in meeting the escalating global appetite for energy and refined commodities.

                                                                                             

Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on "Global Crude Oil Desalter Market.” 

 

The Global Crude Oil Desalter Market is segmented into type, product type, industry vertical, application and region.

Based on application, The Downstream segment held the largest Market share in 2023. Downstream operations, primarily in refineries, involve the complex processing of crude oil to produce various refined products such as gasoline, diesel, and petrochemicals. The quality of the crude oil feedstock significantly impacts refining efficiency and the quality of the final products. Many crude oils extracted from reservoirs contain impurities like salts and water. Desalting is a critical step in the refining process to remove these impurities, preventing corrosion in equipment and ensuring the quality of the refined products.

Stringent environmental regulations mandate refineries to adhere to specific standards in terms of emissions and environmental impact. Desalting is essential for meeting these regulatory requirements by minimizing the release of pollutants during the refining process. Downstream facilities are under constant pressure to enhance environmental performance, making efficient desalting technologies crucial for compliance. The downstream sector places a premium on the quality of refined products. Impurities like salts, if not removed through desalting, can lead to corrosion in refining equipment, affecting both operational efficiency and the integrity of the equipment. Desalters contribute to the protection of refining infrastructure, ensuring that downstream processes operate smoothly and that the final products meet quality standards.

The global demand for refined petroleum products, driven by factors such as population growth, urbanization, and industrialization, places a high demand on downstream facilities. To meet this demand efficiently and produce high-quality products, refineries prioritize the use of desalting technologies to optimize the refining process and ensure the consistent quality of the end products. Advancements in desalting technologies have made them more efficient, allowing refineries to enhance their operations and meet the challenges posed by varying crude oil compositions. Downstream facilities are more likely to invest in advanced desalting technologies to optimize their processes and stay competitive in the market.


Major companies operating in the Global Crude Oil Desalter Market are:

  • Alfa Laval AB
  • Baker Hughes Company
  • Schlumberger Limited
  • Siemens AG
  • Emerson Electric Company
  • Exxon Mobil Corporation
  • Marathon Petroleum Corporation
  • Hindustan Petroleum Corporation Limited 
  • Idemitsu Kosan Co., Ltd.
  • JGC Holdings Corporation

 

Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

“The Global Crude Oil Desalter Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The rising demand for high-quality crude oil and the increasing production of crude oil are the key factors driving the growth of the global crude oil desalter market. Crude oil desalters are used to remove water and salt from crude oil, which can corrode and damage refinery equipment. The demand for crude oil desalters is expected to increase as refineries process more crude oil to meet the growing demand for refined petroleum products.  Also, The Asia Pacific region is expected to be the fastest-growing market for crude oil desalters, due to the increasing demand for crude oil in the region. Therefore, the Market of Crude Oil Desalter is expected to boost in the upcoming years”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Crude Oil Desalter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Infrastructure, Consumables), By Product Type (Single Stage, Two Stage, Three Stage), By Industry Vertical (Oil Field, Oil Refineries, FCC Feed Desalting, Heavy Crude Desalting, Distillate Treating), By Application (Upstream, Midstream, Downstream), By Region & Competition 2019-2029F”, has evaluated the future growth potential of Global Crude Oil Desalter Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Crude Oil Desalter Market.

 

Contact

Techsci Research LLC

420 Lexington Avenue,

Suite 300, New York,

United States- 10170                   

Tel: +13322586602

Email[email protected]

Websitewww.techsciresearch.com

Relevant News