Global Crude Oil Desalter Industry

Global Crude Oil Desalter Industry

  • April 2021 •
  • 180 pages •
  • Report ID: 5956491 •
  • Format: PDF
Abstract:
- Global Crude Oil Desalter Market to Reach $271.5 Million by 2027
- Amid the COVID-19 crisis, the global market for Crude Oil Desalter estimated at US$255.1 Million in the year 2020, is projected to reach a revised size of US$271.5 Million by 2027, growing at aCAGR of 0.9% over the period 2020-2027. Multi-Stage Desalter, one of the segments analyzed in the report, is projected to record 1.1% CAGR and reach US$193.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Single-Stage Desalter segment is readjusted to a revised 0.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $69.3 Million, While China is Forecast to Grow at 2.1% CAGR
- The Crude Oil Desalter market in the U.S. is estimated at US$69.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$50.1 Million by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.

- Select Competitors (Total 42 Featured) -
  • Alfa Laval AB
  • Canadian Petroleum Processing Equipment Inc. (CPPE)
  • Forum Energy Technologies
  • Frames Group
  • Schlumberger Ltd.