The
report states that the global crude oil desalter market, which had a
valuation of US$78.42 mn in 2014, will expand at a moderate 2.54%
CAGR between 2015 and 2023 and reach US$98.78 mn by 2023.
In-depth
research report on Crude Oil Desalter Market with Full
TOC at :
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A
significant rise in the number of new crude oil refineries across the
globe is propelling the global demand for crude oil desalters. The
expansion of existing refineries has also boosted the global crude
oil desalter market. Moreover, the market is benefitting from the
rising use of desalters in other applications such as fluid catalytic
cracking (FCC).
However,
an overall decline in the demand for refined petroleum product such
as diesel and gasoline owing to the increased demand for green fuels,
is projected to hamper the construction of new crude oil refineries
in the region in the near future, consequently hampering the overall
growth of the global crude oil desalter market.
The
report segments the market on the basis of two criteria: type and
geography.
On
the basis of type, the market is segmented into single stage, two
stage, and three stage crude oil desalter. Of these, the market
segment of two stage crude oil desalters held the leading position by
accounting for more than 60% of the market in 2014, while the market
segment of three stage crude oil desalter held the second largest
share in the market.
On
the basis of geography, the market is segmented into North America,
Asia Pacific, Asia Pacific, Middle East and Africa, and Latin
America. Of these, the market segment of Middle East and Africa held
35% of the global crude oil desalter market in 2014. Over the
report’s forecast period, however, the market segment of Latin
America is expected to expand at the fastest pace, with Asia Pacific
expected to be the second fastest growing regional market.
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The
report also presents a detailed overview of the competitive landscape
of the global crude oil desalter market with the help of detailed
business profiles of some of the key vendors operating in the market,
recent developments observed in the market, and activities such as
mergers and acquisition. As such, the report presents a granular view
of market’s competitiveness, and aids in effective decision making.
Some
of the key vendors in the global crude oil desalter market, profiled
in the report, are Canadian Petroleum Processing Equipment Inc.,
Croda International Plc., Agar Corporation Ltd., EN-FAB Inc., GasTech
Engineering Corporation, Cameron International Corporation, Forum
Energy Technologies Inc., Mackenzie Hydrocarbons Pty Ltd., Komax
Systems Inc., and Petro Techna International Ltd.
The
global crude oil desalter 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 Desalter Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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Article Of Crude Oil Desalter Market :
http://www.transparencymarketresearch.com/article/crude-oil-desalter-market.htm
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