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Global Chemical Injection Skids Market Size, Share, Trends, Forecast: By Function: Antifoaming, Corrosion Inhibition, Demulsifying, Inhibition, Others; By End Use: Oil and Gas, Energy and Power, Fertiliser, Chemical and Petrochemical, Water Supply and Water Treatment, Pharmaceutical, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Chemical Injection Skids Market Outlook
The global chemical injection skids market size attained a value of approximately USD 1.79 billion in 2023. The market is further projected to grow at a CAGR of 3.4% in the forecast period of 2024-2032, reaching a value of around USD 2.19 billion by 2032.
Key Trends in the Market
Chemical injection skids are specialised equipment that are used to inject chemicals in controlled pressures into systems. The process of chemical injection may take place continuously or intermittently, depending upon the needs of the application. Usage of chemical injection skids aids in improving efficiency, increasing production, reducing corrosion, and overall enhancing processes in industrial applications.
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- Surging demand for oil and gas industry by products and extensive usage of chemical injection skids in the sector are driving the chemical injection skids market growth. Applications of chemical injection skids in the oil and gas sector include well stimulation, scale prevention, and corrosion inhibition.
- Increasing population globally and limited supplies of clean and drinkable water are leading to a heightened demand for chemical injection skids in water supply and water treatment. Chemicals for water treatment, water softening, and disinfection can be injected into water treatment systems through chemical injection skids.
- Rising popularity of modular chemical injection skids and automation integration are further bolstering the chemical injection skids market demand. Modular chemical injection skids offer greater flexibility and ease of installation while integration of chemical injection skids with automation streamlines processes for greater efficiency and reduced errors.
Market Analysis
Based on function, the market is divided into antifoaming, corrosion inhibition, demulsifying, and inhibition, among others. On the basis of end-use, the chemical injection skids market segmentation is oil and gas, energy and power, fertiliser, chemical and petrochemical, water supply and water treatment, and pharmaceutical, among others. The regional markets for chemical injection skids are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the chemical injection skids global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- LEWA GmbH
- Petroserve International
- Petronash
- SPX FLOW, Inc.
- INTECH Process Automation Inc.
- Milton Roy Company
- Carotek, Inc
- Petrak Industries, Inc.
- Inrada O.G.R.S. B.V.
- Smartcorr Systems Inc.
- Others
Market Share by Function
Corrosion inhibition accounts for a sizable portion of the chemical injection skids market share by function, driven by the growing importance of protecting equipment from the potential damage caused by corrosion. Various factors can cause corrosion, such as exposure to moisture, heat, and chemicals, leading to poor performance of equipment and higher risk of contamination and seepage. Chemical solvents known as corrosion inhibitors are injected through chemical injection skids into process streams, thereby preventing corrosion from taking place. Due to the increasing risks of corrosion across numerous industries and low costs of corrosion inhibitors, the demand for corrosion inhibition in the chemical injection skids market is anticipated to increase further in the coming years.
Market Share by Region
The Asia Pacific is anticipated to witness a rapidly growing share in the global market for chemical injection skids. This can be attributed to the increasing industrialisation in the region, development of manufacturing hubs, and increasing population. In countries such as China and India, large populations are leading to a heightened demand for water supply and water treatment, pharmaceuticals, oil and gas, and fertilisers. Increasing investments by governments in the region and growing demand for energy and power are expected to surge the demand for chemical injection skids in the region. Expansion of key market players in the Asia Pacific would further aid regional growth of the chemical injection skids market by improving supply chains and accessibility.
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Competitive Landscape
LEWA GmbH is a leading manufacturer or process pumps, diaphragm metering pumps, and complete metering systems with headquarters in Leonberg, Germany. Founded in 1952, the company caters to a wide range of end users, including oil and gas, refineries, petrochemicals, chemical industry, plastics, and mining.
Petroserve International, established in 2015, is a global provider of engineering solutions for the energy industry. Currently based in Dubai in the United Arab Emirates, the company is a one-stop solution provider, providing products and support services for hydrocarbon processing facilities, including infrastructure and utilities.
Petronash, founded in 1974 and currently headquartered in Kuala Lampur, Malaysia, is a provider of engineering solutions for the oil and gas industry. Involved in the entire value chain of oil and gas operations, the company offers diesel, lubricants, asphalt, gasoline, kerosene, and aviation and motor fuels.
Other market players include SPX FLOW, Inc., INTECH Process Automation Inc., Milton Roy Company, Carotek, Inc, Petrak Industries, Inc., Inrada O.G.R.S. B.V., and Smartcorr Systems Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Function |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Chemical Injection Skids Market Analysis
8.1 Key Industry Highlights
8.2 Global Chemical Injection Skids Historical Market (2018-2023)
8.3 Global Chemical Injection Skids Market Forecast (2024-2032)
8.4 Global Chemical Injection Skids Market by Function
8.4.1 Antifoaming
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Corrosion Inhibition
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Demulsifying
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Inhibition
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Chemical Injection Skids Market by End Use
8.5.1 Oil and Gas
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Energy and Power
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fertiliser
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Chemical and Petrochemical
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Water Supply and Water Treatment
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Pharmaceutical
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Chemical Injection Skids Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Chemical Injection Skids Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Chemical Injection Skids Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Chemical Injection Skids Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Chemical Injection Skids Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Chemical Injection Skids Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 LEWA GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Petroserve International
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Petronash
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 SPX FLOW, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 INTECH Process Automation Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Milton Roy Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Carotek, Inc
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Petrak Industries, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Inrada O.G.R.S. B.V.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Smartcorr Systems Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Chemical Injection Skids Market: Key Industry Highlights, 2018 and 2032
2. Global Chemical Injection Skids Historical Market: Breakup by Function (USD Million), 2018-2023
3. Global Chemical Injection Skids Market Forecast: Breakup by Function (USD Million), 2024-2032
4. Global Chemical Injection Skids Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Chemical Injection Skids Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Chemical Injection Skids Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Chemical Injection Skids Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Chemical Injection Skids Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Chemical Injection Skids Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Chemical Injection Skids Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Chemical Injection Skids Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Chemical Injection Skids Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Chemical Injection Skids Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Chemical Injection Skids Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Chemical Injection Skids Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Chemical Injection Skids Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Chemical Injection Skids Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Chemical Injection Skids Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.79 billion.
The market is expected to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 2.19 billion by 2032.
The major drivers of the market include increasing use in the oil and gas and water and waste water treatment sectors, rising demand for corrosion inhibition, and improvements in production capacities for chemical injection skids.
The key chemical injection skids market trends include rising importance of precision in industrial processes, advancements in chemical injection skid technology, development of targeted products for specific end uses, and growing use of automation.
The various functions of chemical injection skids in the market are antifoaming, corrosion inhibition, demulsifying, and inhibition, among others.
The significant end-uses in the market for chemical injection skids are oil and gas, energy and power, fertiliser, chemical and petrochemical, water supply and water treatment, and pharmaceutical, among others.
The major players in the market, according to the report, are LEWA GmbH, Petroserve International, Petronash, SPX FLOW, Inc., INTECH Process Automation Inc., Milton Roy Company, Carotek, Inc, Petrak Industries, Inc., Inrada O.G.R.S. B.V., and Smartcorr Systems Inc., among others.
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