Oil and gas descaling equipment are used to remove deposits of calcium carbonate, magnesium hydroxide and other insoluble salts from pipelines, boilers, heat exchangers and other equipment used in the oil and gas industry. Advantages of using oil and gas descaling equipment include increased efficiency of equipment by removing scale build-up, reduced downtime and maintenance costs. With growing oil & gas production activities worldwide, the need for regular cleaning and maintenance of pipelines and industrial equipment has increased substantially.
The global Oil and Gas Descaler Market is estimated to be valued at US$ 368.31 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased demand for oil and gas from developing economies such as China, India and countries in the Middle East has accelerated oil and gas exploration & production activities in recent years. This has fueled the growth of the overall oil & gas industry. As scale accumulation can dramatically reduce the efficiency of pipelines and industrial equipment used in oil & gas sector, demand for reliable descaling equipment has grown substantially. Leading manufacturers are investing in new product launches and technology advancements to handle complex descaling needs of the oil and gas industry.
Segment Analysis
The global oil and gas descaler market is segmented by type, technology, and application. Based on type, it is segmented into high alkaline descaler and acid descaler. The high alkaline descaler segment accounts for the dominant market share as it is most commonly used for descaling purposes. Acid descalers are corrosive in nature and not preferred for frequent use.
Based on technology, the market is segmented into conventional descaling and air-assisted descaling. The conventional descaling segment dominates as it is inexpensive and viable for general descaling purposes. However, air-assisted descaling is gaining traction due to advantages such as faster descaling rates.
Based on application, it is segmented into onshore and offshore applications. The onshore application segment holds a larger market share due to the large oil & gas assets located onshore. However, the offshore segment is expected to witness higher growth during the forecast period due to growing offshore oil & gas exploration & production activities.
Key Takeaways
Global Oil And Gas Descaler Market Size is expected to witness high growth during the forecast period of 2023 to 2030. The global Oil and Gas Descaler Market is estimated to be valued at US$ 368.31 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.
Regional analysis: North America currently dominates the global market and is expected to maintain its position during the forecast period. This can be attributed to the presence of large oil & gas operations and assets in the region. However, the Asia Pacific region is projected to witness the fastest growth rate owing to increasing oil & gas exploration activities and growing refinery capacities in countries such as China and India.
Key players: Key players operating in the oil and gas descaler market are Audio Network Limited, Envato Elements Pty Ltd., Epidemic Sound, Pond5 Inc., Shutterstock, Inc., SoundCloud Ltd., Inmagine Lab Pte Ltd, The Music Bed LLC, Music Vine Limited, Storyblocks.com, Soundsnap, Soundstripe Inc., Bensound, Jamendo, and ProductionHUB, Inc. Companies are focusing on expanding their product portfolios and regional presence to gain market share. New product launches and mergers & acquisitions are anticipated to open new opportunities for players in the coming years.
Get More Insights on this Topic- https://www.rapidwebwire.com/oil-and-gas-descaling-market-size-share-and-demand-analysis/
Terminal automation is a system that eases the product handling at the terminal and enables integration of these operations with the business software.
It is used to measure, control, automate, and report all the exchanges and transfers.
It offers complete management from receipt of the product to inventory control to dispatch recording.The Terminal Automation in Oil and Gas market was valued at 820 Million US$ in 2018 and is projected to reach 1390 Million US$ by 2025, at a CAGR of 6.9% during the forecast period.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Terminal Automation in Oil and Gas.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-terminal-automationoil-gas-2025-379This report presents the worldwide Terminal Automation in Oil and Gas market size (value, production and consumption), splits the breakdown (data status 2014–2019 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.The following manufacturers are covered in this report:ABBEmersonImplico GroupSchneider ElectricYokogawaTerminal Automation in Oil and Gas Breakdown Data by TypeHardwareSoftwareServicesTerminal Automation in Oil and Gas Breakdown Data by ApplicationGas TerminalOil TerminalTerminal Automation in Oil and Gas Production by RegionUnited StatesEuropeChinaJapanOther RegionsTerminal Automation in Oil and Gas Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamThe study objectives are:To analyze and research the global Terminal Automation in Oil and Gas status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Terminal Automation in Oil and Gas manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Terminal Automation in Oil and Gas :History Year: 2014–2018Base Year: 2018Estimated Year: 2019Forecast Year: 2019–2025This report includes the estimation of market size for value (million USD) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Terminal Automation in Oil and Gas market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
