Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Crude Oil Flow Improvers Market: By Product: Paraffin Inhibitors, Asphaltene Inhibitors, Scale Inhibitors, Hydrate Inhibitors; By Application: Transportation, Extraction, Refinery; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Crude Oil Flow Improvers Market Outlook

The global market for crude oil flow improvers will grow at a CAGR of about 4.90% in the forecast period of 2022-2027, driven by the constantly rising energy requirements.

 

North America is Leading the Global Crude Oil Improvers Market, with the Asia Pacific Growing Constantly and Rapidly

Oil and gas are some of the major sources of energy in the United States, and due to the recent Russia-Ukraine conflict, the global supply of oil has been obstructed. This has also led the United States to look for new exploration activities to meet the rising demand. Industries have started to adopt hydraulic fracture, also called fracking, and more non-traditional methods as it allows to access deeper resource pools and extract oil with natural gas instead of coal, as the former is more efficient. The continued demand and adoption of non-traditional methods for crude oil have increased the need for flow improvers. The government is also giving support through investments, facilities, and incentives. This compliments the global crude oil flow improvers market.

The Asia Pacific region has been witnessing tremendous growth in the recent years. The most populous countries in the world, China and India, are rapidly growing in population. With the increasing number of people, the demand for cars and other machines will increase, and the consumption of fuels will rise accordingly. The majority of the Asia Pacific region is undergoing development and the governments of various countries are trying to change their practices to support the evolving scenario.

 

Crude Oil Flow Improvers Market Segmentation

Crude oils are extracted from remote places through drilling and transported through pipelines. Transporting it is difficult as crude oil is viscous in property, and flow improvers are needed to maintain the temperature and consistency, so they are used as additives. The flow improvers protect the quality and state of the crude oil by working drag-reducing agents, and they are injected into the pipelines to reduce the friction.

The products in the global crude oil improvers market include the following:

  • Paraffin Inhibitors
  • Asphaltene Inhibitors
  • Scale Inhibitors
  • Hydrate Inhibitors

The applications of crude oil improvers include:

  • Transportation
  • Extraction
  • Refinery

The regions in the crude oil flow improver market include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

 

The Increasing Energy Requirements Has Been Driving the Market Growth

The demand for crude oil has been rising with the rising energy requirement from the automotive industry. The flourishing car industry is pushing crude oil production across the globe, as electric cars are not the most inexpensive option and can see a lot of improvements. With an increasing demand for fuel and to meet the energy requirements, companies worldwide have started to adopt non-traditional methods, leaving behind the traditional ones. With the increased production rate, countries that produce crude oil in harsher environments would need more flow improvers to maintain the original form. Further growth in these methods can bolster the crude oil flow improvers market. Governments are also providing support through various schemes, such as financial and machinery, among others. This further raises the global market for flow improvers. The developing countries are improving the standard of work and life, which will give further opportunities for the market to improve.

 

Key Players in the Global Market for Crude Oil Flow Improvers

The report gives a detailed analysis of the following key players in the global crude oil flow improvers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • The Lubrizol Corporation
  • BASF SE
  • Schlumberger Limited
  • Evonik Industries AG
  • Baker Hughes Company
  • Others

The EMR report is carefully curated to provide detailed industry insights on the market based on Porter's five forces model, along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Crude Oil Flow Improvers Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Crude Oil Flow Improvers Historical Market (2017-2021) 
    8.3    Global Crude Oil Flow Improvers Market Forecast (2022-2027)
    8.4    Global Crude Oil Flow Improvers Market by Product
        8.4.1    Paraffin Inhibitors
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Asphaltene Inhibitors
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Scale Inhibitors
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Hydrate Inhibitors
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
    8.5    Global Crude Oil Flow Improvers Market by Application
        8.5.1    Transportation
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Extraction
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Refinery
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Crude Oil Flow Improvers Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    The Lubrizol Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    BASF SE
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Schlumberger Limited
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Evonik Industries AG
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Baker Hughes Company
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Crude Oil Flow Improvers Market: Key Industry Highlights, 2017 and 2027
2.    Global Crude Oil Flow Improvers Historical Market: Breakup by Product (USD Million), 2017-2021
3.    Global Crude Oil Flow Improvers Market Forecast: Breakup by Product (USD Million), 2022-2027
4.    Global Crude Oil Flow Improvers Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Crude Oil Flow Improvers Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Crude Oil Flow Improvers Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Crude Oil Flow Improvers Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Crude Oil Flow Improvers Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Crude Oil Flow Improvers Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Crude Oil Flow Improvers Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Crude Oil Flow Improvers Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Crude Oil Flow Improvers Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Crude Oil Flow Improvers Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Crude Oil Flow Improvers Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Crude Oil Flow Improvers Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Crude Oil Flow Improvers Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Crude Oil Flow Improvers Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Crude Oil Flow Improvers Market Structure

Key Questions Answered in the Report

The market is expected to grow at a CAGR of 4.90% in the forecast period of 2022-2027.

The industry is majorly driven by the thriving population, booming automobile and machinery industry, and the consequent growing energy needs of the population around the world.

The key market trends driving the industry's growth include the governments’ support to further improve the production and the ongoing switch to non-traditional methods requiring more flow improvers.

The major regions in the industry are North America, Latin America, the Middle East, Africa, Europe, and the Asia Pacific, with North America being an established market region and the Asia Pacific being the fastest-growing buyer.

The products of the crude oil flow improver market include paraffin inhibitors, asphaltene inhibitors, scale inhibitors, and hydrate inhibitors.

The crude oil flow improvers are applied and used in transportation, extraction, and refinery.

The major industry players driving the industry are The Lubrizol Corporation, BASF SE, Schlumberger Limited, Evonik Industries AG, and Baker Hughes Company, among others.

Analyst Review

The global crude oil improvers market is predicted to grow at a CAGR rate of 4.90% in the forecast period of 2022-2027. Where North America has a strong base in the market, the Asia Pacific shows rapid growth and rising demand. With the thriving population comes an increased demand for automobiles and types of machinery, and to support the fuel consumption, many activities are being done to increase crude oil production with the support of the governments of various countries.

The thorough research methodology of EMR gives an in-depth report covering the macro and micro aspects of the industry. Based on its products, the crude oil flow improver market can be segmented into paraffin inhibitors, asphaltene inhibitors, scale inhibitors, and hydrate inhibitors. The applications can be divided into transportation, extraction, and refinery. The regions are North America, Latin America, the Middle East, Africa, Europe, and the Asia Pacific, with North America leading the market. The key players in the above market include The Lubrizol Corporation, BASF SE, Schlumberger Limited, Evonik Industries AG, and Baker Hughes Company, among others.

Our research methodology uses state-of-the-art analytical tools and the data provided by a highly capable and professional team, thus providing our customers with market insights that are accurate and actionable and help them to stay ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER