The global Crude Oil Desalter Market had a total value of USD 4 billion, and it is projected to experience a revenue compound annual growth rate (CAGR) of 9% throughout the forecast period, as indicated by the most recent report from Reports and Data.
Before crude oil undergoes processing at a refinery, an essential step known as desalting is employed to remove undesirable impurities such as salt, water, and solid particles. This procedure is crucial not only to ensure that the crude oil meets the required refining standards but also to protect the refining equipment from potential damage. Desalination methods are widely employed in refineries to enhance the quality of crude oil and reduce operational costs.
One significant driver of revenue growth within the crude oil desalting sector is the escalating demand for refined petroleum products such as gasoline, diesel, and aviation fuel. In response to this heightened demand, refineries are expected to process larger quantities of crude oil, resulting in an anticipated increase in the demand for crude oil desalting systems.
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Top companies profiled in the report are:
The global crude oil desalter market is dominated by a few major players who account for a significant portion of the market share. Some of the major companies in the crude oil desalter market are:
- Baker Hughes Company
- Croda International Plc
- EN-FAB, Inc.
- Forum Energy Technologies, Inc.
- Cameron International Corporation
- CETCO Energy Services
- Agar Corporation, Inc.
- Alfa Laval AB
- AZOMURES
- Canadian Petroleum Processing Equipment Inc.
Some Key Highlights from the Report
- The single-stage desalter segment led the global crude oil desalter market in terms of revenue in 2022. Single-stage desalters are more commonly used in crude oil refining than two-stage and three-stage desalters and have a lower initial investment cost. Single-stage desalters are ideal for crude oil with low salt and contaminant concentrations because they have a simpler design that requires less maintenance. Furthermore, single-stage desalters, which are commonly used in the production of gasoline and diesel, are well-known for their high efficacy in removing contaminants.
- The upstream segment is expected to contribute significantly to overall revenue. This expansion in the upstream sector is a direct result of the growing demand for crude oil across various industries, including transportation and power generation. The need for crude oil desalters in the upstream segment is projected to increase, driven by the heightened focus on developing and producing oil and gas reserves in emerging economies such as India, China, and Brazil. Furthermore, there is an anticipation of opportunities arising in mature oil fields in affluent nations like the US and Canada for the installation of crude oil desalting systems. Another contributing factor expected to boost the demand for crude oil desalters in the upstream sector is the introduction of regulations mandating the reduction of salt content in crude oil before shipping and processing.
Crude Oil Desalter Market Segmentation:
Segments covered:
By Technology Type Outlook, Operation Type Outlook, Regional Outlook
By Technology Type Outlook:
- Single-Stage Crude Oil Desalters
- Two-Stage Crude Oil Desalters
- Three-Stage Crude Oil Desalters
- Other Types
By Operation Type Outlook:
- Upstream
- Midstream
- Downstream
Regional scope:
North America; Europe; Asia Pacific; Latin America ; Middle East & Africa
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