HYDRATE INHIBITORS MARKET ANALYSIS

Market Challenges And Opportunities

Drivers

Increasing demand for low-dosage hydrate inhibitors in the oil & gas industry: The oil & gas industry is one of the major contributors to the growth of the global economy. Large oil and gas complexes have been built across the globe equipped with a large number of technologies for processes such as drilling, engineering, exploitation of oil and gas production, water, oil and gas fluids processing, and transportation. However, the combination of constituents of crude oil and natural gas can lead to calamitous consequences. For instance, combination of many additives of crude oil or natural gas with water leads to formation of hydrate, which can result in outbreaks or major accidents. Therefore, the prevention of hydrate precipitation at minimum operating costs is of paramount importance for the safety of the oil & gas fields.

 Figure 1. Global Hydrate Inhibitors Market Value Share (%), By Region, 2021

Market Restraints

Environmental issues associated with the use of anti-agglomerate (AA) LDHI: Anti-agglomerated (AA) LDHI’s prevent hydrate agglomeration and blockage and formation of small hydrate particles, and are suitable for transient flow regimes and have the advantage of highest degree of subcooling. However, they need a condensate phase and may need downstream treatment. The AA LDHI chemistries negatively impacts downstream separation processes, which results in increasing production. This can create difficulties in maintaining compliance with the produced-water quality standard for discharge into the environment.