Crude Oil Desalter Market size is anticipated to surpass USD 282 Million by the end of 2036, growing at a CAGR of 4% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of crude oil desalter was over USD 201 Million. The expansion of investments in new refinery construction and refinery upgrades is responsible for the market growth, which is anticipated to continue. The majority of future petroleum refineries are located in Asia. 88 new facilities were either being planned or built as of 2021.
The crude oil desalter market will be driven by rising demand for desalter and dehydrator machinery to reduce the salt and water content upstream and downstream. The two salts that are most frequently found in crude oil are calcium chloride and magnesium chloride. Unrefined petroleum contains salts that cause corrosion and poison catalysts.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~ 4% |
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Base Year Market Size (2023) |
~ USD 201 Million |
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Forecast Year Market Size (2035) |
~ USD 282 Million |
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Regional Scope |
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Product Type (Single-stage, Two-stage, Three-stage)
The two-stage segment is anticipated to hold 50% share of the global crude oil desalter market during the forecast period. Two-stage desalters are highly efficient and they remove 95%-98% of salts from crude oil. Comprising two coalesces, a two-stage desalter is preferred to attain excess water dilution or to attain the desired concentration of the desired salt. Crude with salt concentrations up to 100 PTB and 0.1 to 0.2% water can be a much less expensive feedstock for those employing a two-stage desalter system. The flowability of crude is improved by cleaning pipes, pumps, heat exchangers, etc. Therefore, these factors are driving the growth of the segment.
Industry Vertical (Oil Field, Oil Refineries, FCC Feed Desalting, Heavy Crude Desalting, Distillate Treating)
Crude oil desalter market from the oil refineries segment is projected to hold a share of 36% during the forecast period. The market growth can be attributed to the growing consumption of petroleum products such as gasoline, jet fuel, and lubricants. Also, strict government regulations about carbon emissions and a positive outlook toward the aviation and road transportation sectors are some of the factors augmenting the demand for refined products. Furthermore, rapid industrialization and urbanization coupled with a rise in population across developing economies, such as China, and India, led to a surge in demand for passenger commercial vehicles. Attributed to the growing number of vehicles across these countries, is the demand for petroleum and diesel. Also, to meet growing demand, countries such as India, are aiming to double their refining capacity to around 450-500 million tons in the next ten years by setting up a new refinery.
Our in-depth analysis of the global crude oil desalter market includes the following segments:
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Middle East and Africa Market Forecast
Middle East and Africa crude oil desalter market is poised to hold a share of 36% during the forecast period. Large crude oil reserves and considerable investments in new refineries in GCC nations are driving market expansion in the region, which can be linked to the increase. For instance, nations like Saudi Arabia and the United Arab Emirates have recently built sizable crude oil refineries and have plans to increase the capacity of current ones. During the anticipated timeframe, this is predicted to improve market statistics in the Middle East and Africa.
North American Market Statistics
The crude oil desalter market in North America is expected to hold a share of 28% during the forecast period. The market growth can be accredited to the growing production of crude oil in the region recently. Oil and natural gas resources from shale rock formations are now accessible through horizontal drilling and multistage hydraulic fracturing, which were previously either technically or economically impractical to produce. The amount of oil sands production in Western Canada has also increased dramatically. Overall, North American output increased by nearly 45% during five years, from 7.5 million barrels per day in 2008 to 11.0 million barrels per day in 2013. Also, increasing investment in the construction of new refineries is accelerating the market growth in the region. The United States' oil refinery capacity in 2022 was roughly 18.1 million barrels per day. Therefore, these factors are likely to impact the market positively during the foreseen period.
Author Credits: Payel Roy, Dhruv Bhatia
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