Transparency Market Research (TMR) has announced the addition of a new market study on the crude oil desalter and electrostatic dehydrator market. The report is titled “Crude Oil Desalter and Electrostatic Dehydrator Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023.” According to the report, the global crude oil desalter and electrostatic dehydrator market is expected to be worth US$190.61 mn by 2023. It was valued at US$170.54 mn in 2014 and is expected to expand at a CAGR of 2.40% from 2015 to 2021.
A crude oil desalter is an important unit in crude oil refineries as it removes salts and impurities present in the crude oil, thus purifying it. An electrostatic dehydrator removes the excess water from crude oil, thus facilitating economical transportation. The global crude oil desalter and electrostatic dehydrator market is propelled by the rising number of oil refineries and production facilities across the world. The expansion of old or existing refineries has also boosted the crude oil desalter and electrostatic dehydrator market. The rising usage of crude oil desalters and electrostatic dehydrators in applications apart from oil refineries, such as in fluid catalytic cracking (FCC) units is expected to boost the sale of crude oil desalters units. On the other hand, the decreasing imports of refined petroleum products from EU countries are expected to impede the market’s growth.
The global crude oil desalter and electrostatic dehydrator market is segmented on the basis of type, application, and geography. On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. While the Middle East and Africa region accounted for a share of 35% in the market in 2014, the market in Latin America is expected to grow at the fastest rate.
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On the basis of type, the crude oil desalter market is segmented into single-stage, double-stage, and three-stage crude oil desalter. Of these, the double-stage crude oil desalters represented the largest segment in 2014, accounting for 60% of the market, due to the higher efficiency they offer. The global crude oil electrostatic dehydrator market is segmented into AC field, DC field, and combined AC-DC field electrostatic dehydrator. Of these, the AC field electrostatic dehydrator was the largest segment, representing a share of 50% in the global crude oil electrostatic dehydrator market in 2014.
The report profiles the following leading players operating in the global crude oil desalter and electrostatic dehydrator market: Canadian Petroleum Processing Equipment Inc., Croda International Plc., Engineering Technology & Innovation, LLC, PROSERNAT S.A., Cameron International Corporation, Agar Corporation Ltd., GasTech Engineering Corporation, Frames Group, Komax Systems Inc., Custom Process Equipment LLC, EN-FAB Inc., Fjords Processing AS, Forum Energy Technologies Inc., Petro Techna International Ltd., SUEZ Environnement Oil & Gas Systems (Process Group Pty. Ltd.), VME Process Inc., and Mackenzie Hydrocarbons Pty Ltd.
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
- Upstream
- Downstream
Global Crude Oil Desalter and Electrostatic Dehydrator Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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