Crude Oil Desalter Market is estimated to be US$ 789.1 million by 2034; Rising Demand for Crude Oil Production to Propel Market Growth

Crude Oil Desalter is a vital component in the petroleum refining process that is designed to remove impurities, particularly salts, from crude oil. Crude oil usually contains various contaminants, such as water, sediment, dissolved salts, and solids. These impurities can have detrimental effects on refining equipment, downstream processes, and the quality of the final refined products. The primary purpose of a crude oil desalter is to break the emulsion formed between the water and oil phases in the crude oil, allowing the separation of water and salts from the oil.

Crude oil output has increased along with the rise in the demand for petroleum products on a global scale. Effective desalting procedures are essential to handle the rising amounts of crude oil as new oil fields are found and current ones are enlarged this has further facilitated the demand for Crude Oil Desalter Market growth.

The report “Crude Oil Desalter Market, By Type (Infrastructure and Consumables), By Application (Oil Field and Oil Refineries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In March 2023, the state-run Indian Oil Corporation (IOCL) and the Russian oil giant Rosneft have struck a long-term agreement with the goal of enhancing the trade in crude oil between the two nations and diversifying the grades. Igor Sechin, the CEO of Rosneft Oil Company, signed the agreement while in India on business. Both businesses also considered using their respective national currencies to pay for India's purchase of crude oil from Russia.
• In November 2019, Sinopec Corp launched a brand-new $5.7 billion petrochemical and refining facility in the southern part of the nation, mostly using crude oil from Kuwait as a feedstock. The 200,000 barrels per day (bpd) plant being created by Asia's top refiner will be the third Greenfield refinery-petrochemical complex to be erected in China over the next two years. Zhanjiang is a seaside city in Guangdong province.

Analyst View:

It is anticipated that factors including population growth, urbanization, and industrial expansion would continue to fuel an increase in the global demand for crude oil and petroleum products. Therefore, in order to handle the rising production of crude oil, more effective desalting procedures would be required. Further, advancements in desalting technologies aim to enhance desalting efficiency, reduce operating costs, and improve the overall performance of crude oil desalters, driving their adoption in Crude Oil Desalter Market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Crude Oil Desalter Market, By Type (Infrastructure and Consumables), By Application (Oil Field and Oil Refineries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Crude Oil Desalter Market accounted for US$ 211.4 Million in 2024 and is estimated to be US$ 789.1 Million by 2034 and is anticipated to register a CAGR of 15.6%. Crude Oil Desalter Market is segmented based on Type, Application and Region.

• Based on Type, Crude Oil Desalter Market is segmented into Infrastructure and Consumables.
• Based on Application, Crude Oil Desalter Market is segmented into Oil Field and Oil Refineries.
• By Region, the Crude Oil Desalter Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Competitive Landscape & their strategies of Crude Oil Desalter Market:

The prominent players operating in the Crude Oil Desalter Market includes, Alfa Laval AB, Canadian Petroleum Processing Equipment Inc., Frames, Forum Energy Technologies, Schlumberger Limited and others.

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