From GlobeNewswire: 2024-11-07 09:00:00

The demulsifier market is expected to reach USD 3.4 billion by 2032, with a 4.1% CAGR from 2024 to 2032. Key drivers include the need for efficient oil recovery in the oil and gas industry. Demulsifiers are crucial in separating water from crude oil, optimizing production, and improving quality. Major players in the market include Clariant International Ltd., Baker Hughes Company, and The Dow Chemical Company. In the food and beverage sector, demulsifiers are essential for improving product quality by separating water and oil in emulsified products like mayonnaise and sauces. The increase in industrialization and urbanization in developing regions, along with the rising demand for high-quality emulsified products, is expected to contribute to market growth. Oil-soluble demulsifiers held the largest market share at around 68% in 2023, with their ability to rapidly separate water from crude oil emulsions. The Middle East & Africa dominated the market in 2023, with the Asia-Pacific region expected to witness the highest growth rate due to rapid industrialization and urbanization. The demulsifier market is set to grow due to increasing demand for separation solutions and sustainability initiatives. BASF and Clariant introduced new demulsifiers in 2023 targeting oil, gas, food, and beverage industries. Government initiatives for water quality will boost demand. The market is expected to evolve with technology advancements and industry needs.



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