DEMULSIFIER MARKET ANALYSIS

Demulsifier MarketSize and Trends

Market Outlook

Global demulsifier market size was valued at US$ 2.13 billion in 2017, and is projected to exhibit a CAGR of 3.54% during the forecast period (2019-2027). Growing demand for oil-related derivatives has increased the production of crude oil around the world. This, in turn, is expected to increase the demand for demulsifier and thereby drive growth of the market. Furthermore, high growth of the oil and gas industry in the recent past is expected to increase the demand for demulsifier chemicals and hence boost market growth during the forecast period. Moreover, increasing oil and gas mining activities with the shale gas revolution in the U.S. has impacted its economy positively. This is expected to increase the demand for demulsifier chemicals and thereby propel growth of the market. Furthermore, demulsifiers are majorly used in lubricants manufacturing. Lubricants manufacturing industry has witnessed significant growth in the recent past, which will drive growth global demulsifier market in the near future.