Global Crude Oil Flow Improvers (COFI) Industry

Global Crude Oil Flow Improvers (COFI) Industry

  • October 2019 •
  • 141 pages •
  • Report ID: 5798276 •
  • Format: PDF
Crude Oil Flow Improvers (COFI) market worldwide is projected to grow by US$663 Million, driven by a compounded growth of 5.6%. Paraffin Inhibitors, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$829.9 Million by the year 2025, Paraffin Inhibitors will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$32.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$30.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Paraffin Inhibitors will reach a market size of US$72.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.2% over the next couple of years and add approximately US$110.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Baker Hughes, a GE company; BASF SE; Clariant AG; Dorf-Ketal Chemicals India Pvt., Ltd.; Halliburton; Infineum International Ltd.; Lubrizol France; Nalco Champion; Schlumberger Ltd.