Crude Oil Desalter and Electrostatic Dehydrator Market
Crude Oil Desalter and Electrostatic Dehydrator Market (By Type: Single Stage Crude Oil Desalter, Two Stage Crude Oil Desalter, and Three Stage Crude Oil Desalter; AC Field Electrostatic Dehydrator, Combined AC-DC Field Electrostatic Dehydrator, and DC Field Electrostatic Dehydrator and By Application : Upstream and Downstream) - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023
Press Release :
Crude oil desalting technology is used to remove residual salts from crude oil so that it can be processed in a refinery without corroding and fouling heaters, exchangers, and other equipment. Crude oil desalting is usually the initial process that is carried out during upstream operations. The type and size specification of the desalter is dependent on a few fundamental parameters such as temperature, pressure, fluid viscosity, and flow-rate, and customer specification pertaining to permissible salt in the final product.
Dehydrating of crude oil is generally carried out at production stage to remove excess water from crude oil. Electrostatic dehydrators of combined AC-DC configuration are the most effective and are suitable for all grades of crude oil.
The continual emergence of new petroleum refineries and production units with in-house crude oil desalting and dehydrating facilities is boosting the growth of the global crude oil desalter and electrostatic dehydrator market. In several regions of the world such as the Middle East and Africa and Asia Pacific, plans to develop new refineries or expand the capacity of existing refineries will favor the growth of this market. For instance, countries such as Saudi Arabia and the UAE have recently constructed large crude oil refineries and have plans to expand the capacities of existing ones. The rising prominence of fluid catalytic cracking units is also driving the growth of crude oil desalters market.
Nevertheless, factors such as the declining imports of refined petroleum products from Europe are hampering the growth of the crude oil desalter and electrostatic dehydrator market.
The global crude oil desalter and electrostatic desalter market is expected to reach a valuation of US$190.61 mn by 2023 increasing from US$170.54 mn in 2014 at a CAGR of 2.40% from 2015 to 2023.
The Middle East and Africa to Exhibit Sustained Growth
Amongst the regional segments, the Middle East and Africa held the largest share of more than 35% in the global market in 2014. Asia Pacific stood as the second-largest market in the same year followed by North America. These regions were followed by Europe and Latin America respectively in terms of market share in the global market in 2014.
Demand for Two Stage Desalter to Remain Strong
Two stage crude oil desalter stood as the dominant type segment accounting for a share of more than 50% of the global crude oil desalter market in 2014. Increasing demand for two stage crude oil desalter is attributed to the increasing use of heavy petroleum in refineries across the world. Moreover, two stage desalters are highly efficient that remove 95%-98% of salts from crude oil. Comprising two coalescers, a two stage desalter is preferred to attain excess water dilution or to attain the desired concentration of the desired salt.
The type segment of AC field electrostatic dehydrator held a share of over 50% in the global crude oil electrostatic dehydrator market in 2014. AC field electrostatic dehydrators are extensively used and give best results with heavy crude oil.
Some of the leading companies in the global crude oil desalter and electrostatic dehydrator market are Agar Corporation Ltd., Canadian Petroleum Processing Equipment Inc., Custom Process equipment LLC, Engineering Technology & Innovation LLC, Forum Energy Technologies Inc., GasTech Engineering Corporation, Mackenzie Hydrocarbons Pvt Ltd., PROSERNAT S.A., VME Process Inc., Cameron International Corporation, Croda International Plc., EN-FAB Inc., Fjords Processing AS, Frames Group, Komax systems Inc., Petro Techna International Ltd., and SUEZ Environment Oil & Gas Systems.
Automation and Innovation to Shape Crude Oil Desalter and Electrostatic Dehydrator Market in Post-pandemic World
Electrostatic coalescers, usually including dehydrators and desalters, have been extensively used in crude oil purification. The processes of dehydration and desalting are used to remove unwanted salts and water, before it is moved to downstream operations. Ideally, a major part of dehydration is done upstream, for various reasons related to cost-efficiency and effectiveness before the crude oil are moved downstream. Over the several years, the crude oil desalter and electrostatic dehydration market is expected to strides on the back of continuous advances in coalescer engineering. A number of electrostatic dehydrators have been developed for purifying high-solids crude oil obtained from offshore operations. Worldwide, the oil production has risen to meet the fast ballooning demands for energy. Usually, when crude oil produced in large quantities, typically as they are in offshore operations, are loaded with higher percentage of solids, including salts. Thus, the demand in the market has been growing steadily. Players in the market are keen on unveiling range of crude oil dewatering and desalting technologies in their equipment that help their clients in the oil and gas industry meet specific requirements. Growing number of onshore and offshore oil refineries is a key trend bolstering the prospective demand in the market.
The Covid-19 pandemic had struck the world in 2019 when the first infected case was found in Wuhan, China. Since then, spread rapidly crossing geographies and boundaries. Many countries had seen some of worst stock market crashes. Aside from the massive impacts on the global healthcare systems, the economic fallout has constrained household demand and consumption, cash flows, and loan earnings of banks. In 2020, and in 2021, the number of disease outbreaks in several countries caused unrepairable damage to microeconomics of firms across industries. The impact has also been seen in the oil and gas exploration and production. Refineries had to reduce their operations due to lack of semi-skilled labors and the lack of vendors who supplied raw materials. The demand in the end-use industries such as in transportation has also suffered massively since then. However, the pandemic also paved way to new business normals where automation plays an undeniable role. Further, oil and gas businesses have been constantly strengthening their strategic frameworks to fight the after.
The crude oil desalter and electrostatic dehydrator market report by Transparency Market Research provides in-depth analysis of the crude oil desalter and electrostatic dehydrator market globally. The report segments the market on the basis of type, application, and geography. The report analyzes the global crude oil desalter and electrostatic dehydrator market in terms of revenue (US$ Mn) for the 2015–2023 period. For this research study, the base year is 2014, whereas the forecast is from 2015 to 2023. The report provides a comprehensive competitive landscape and features companies manufacturing crude oil desalters/electrostatic dehydrators. This report includes the key market dynamics affecting the crude oil desalter and electrostatic dehydrator market globally. The analysis in the report provides detailed insights into the global crude oil desalter and electrostatic dehydrator market. Major dynamics such as drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report through tables. The report also provides a detailed industry analysis of the global crude oil desalter and electrostatic dehydrator market with the help of Porter’s Five Forces model.
The crude oil desalter and electrostatic dehydrator market is broadly divided into crude oil desalter market and crude oil electrostatic dehydrator market. The crude oil desalter market has been segmented on the basis of type into single stage crude oil desalter, two stage crude oil desalter, and three stage crude oil desalter. Two stage crude oil desalter was the largest type segment of the crude oil desalter market globally, accounting for more than 60% of the global share, in 2014. Sales of two stage crude oil desalter increased due to higher efficiency and rising adoption of heavy crude oil in refineries across the globe. The global crude oil desalter market growth is anticipated to be hampered by decreasing demand for refined petroleum products, such as gasoline and diesel, in Europe. The crude oil electrostatic dehydrator market has been segmented on the basis of type into AC field electrostatic dehydrator, combined AC-DC field electrostatic dehydrator, and DC field electrostatic dehydrator. AC field electrostatic dehydrator was the largest type segment of the crude oil electrostatic dehydrator market globally, accounting for more than 50% of the global share, in 2014.
The crude oil desalter and electrostatic dehydrator market has been segmented on the basis of application into upstream and downstream. Crude oil desalters are generally used in refineries (downstream operations), whereas electrostatic dehydrators are generally used in upstream operations, such as crude oil production facilities and FPSOs.
The crude oil desalter and electrostatic dehydrator market was analyzed for North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Middle East & Africa held the major share of the global crude oil desalter and electrostatic dehydrator market, accounting for more than 30% of the global crude oil desalter market share. Asia Pacific was the second-largest market for crude oil desalters and electrostatic dehydrators, followed by North America, in 2014. Europe and Latin America held the fourth-largest and fifth-largest market share, respectively, of the global crude oil desalter and electrostatic dehydrator market in 2014.
Some of the key market participants in the crude oil desalter and electrostatic dehydrator market include Agar Corporation Ltd., Cameron International Corporation, Canadian Petroleum Processing Equipment Inc., Croda International Plc., Custom Process Equipment LLC, EN-FAB Inc., Engineering Technology & Innovation, LLC, Fjords Processing AS, Forum Energy Technologies Inc., Frames Group, GasTech Engineering Corporation, Komax Systems Inc., Mackenzie Hydrocarbons Pty Ltd., Petro Techna International Ltd., PROSERNAT S.A., SUEZ Environnement Oil & Gas Systems (Process Group Pty. Ltd.), and VME Process Inc. The report provides an overview of these companies, followed by their financial details (if available), business strategies, and recent developments. The crude oil desalter and electrostatic dehydrator market has been segmented as follows:
Global Crude Oil Desalter Market: Type Analysis
- Single Stage Crude Oil Desalter
- Two Stage Crude Oil Desalter
- Three Stage Crude Oil Desalter
Global Crude Oil Electrostatic Dehydrator Market: Type Analysis
- AC Field Electrostatic Dehydrator
- Combined AC-DC Field Electrostatic Dehydrator
- DC Field Electrostatic Dehydrator
Global Crude Oil Desalter and Electrostatic Dehydrator Market: Application Analysis
Global Crude Oil Desalter and Electrostatic Dehydrator Market: Regional Analysis
- North America
- Asia Pacific
- Middle East & Africa
- Latin America