Oil and Gas Descaler Market Size, Trends and Insights By Type (Acid-based Descale Chemicals, Biodegradable Descale Chemicals, Chelating Agents, Solvent-Based Descale Chemicals, Others), By Application (Oil Refineries, Gas Processing Facilities, Offshore Platforms, Onshore Wells, Others), By End User (Exploration and Production Companies, Refineries, Chemical Manufacturers, Petrochemical Plants, Power Plants, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- BASF SE
- Ecolab Inc.
- Kemira Oyj
- SUEZ Water Technologies & Solutions
- FMC Corporation
- Others
Reports Description
Global Oil and Gas Descaler Market was valued at USD 365.2 Million in 2023 and is expected to reach USD 571.6 Million by 2032, at a CAGR of 5.7% during the forecast period 2023 – 2032.
An oil and gas descaler is a solution of chemicals technique that removes mineral scale deposits, which include calcium carbonate or magnesium sulfate, from oil and gas equipment and pipelines.
These deposits can build up gradually owing to the presence of minerals in the water or fluids being conveyed, resulting in decreased efficiency, flow limitations, and corrosion. Descaling helps to preserve the quality and efficiency of equipment, assuring optimal operation and extending its lifespan.
Oil and Gas Descaler Market: Growth Factors
Escalating demand for energy
As oil and gas production operations increase to fulfil global energy demands, equipment such as pipelines, heat exchangers, and production wells are susceptible to scaling concerns caused by deposits of minerals such as calcium carbonate, calcium sulfate, and barium sulfate.
These deposits diminish operating efficiency, resulting in lower production and higher maintenance expenses. To fight scaling challenges and maintain smooth operations, oil and gas industries engage in descaling technologies.
Descalers efficiently remove scale deposits from equipment surfaces, increasing heat transfer efficiency, minimizing corrosion, and extending equipment life span.
As energy consumption rises, the necessity to implement efficient descaling solutions to ensure maximum efficiency in oil and gas production facilities develops, resulting in increased market demand for descaling goods and services.
For instance, Global demand will reach around 660 quadrillion Btu in 2050, up roughly 15% from 2021, indicating a growing population and increased income. Household and commercial primary energy consumption will fall by around 15% by 2050 as efficiency gains balance the energy requirements of a rising population.
Global consumption of energy continues to move disproportionately to developing nations with greater populations and economic development rates than the global average.
By 2050, non-OECD countries will account for around 70% of global energy consumption. The total percentage of energy utilized in the United States and Europe falls from roughly 30% in 2021 to around 20% in 2050.
Development of advanced descaling technologies
The oil and gas sector frequently confronts scale accumulation issues in extraction wells, pipelines, and processing equipment, resulting in decreased efficiency and higher maintenance costs. Modern descaling methods provide more effective and efficient ways to remove scales like calcium carbonate, magnesium sulfate, and iron sulphide from equipment surfaces.
Furthermore, these technologies are intended to be both ecologically benign and safe for employees, resolving concerns about the use of harsh chemicals in traditional descaling techniques.
The use of modern descaling technology improves entire operating efficiency, increases equipment lifespan, and reduces delay, lowering operational expenses for oil and gas firms.
As a result, the ongoing development and implementation of improved descaling technologies play a critical role in fuelling the expansion of the oil and gas descaler market.
For instance, RYDLYME Biodegradable Descaler is designed to safely and efficiently dissolve stubborn deposits of minerals such as water scale, lime scale, calcium, and iron from boilers, chillers, cooling towers, condensers, heat exchangers, and struvite.
In the oil and gas business, reducing downtime and increasing efficiency are critical. RYDLYME descaler provides a cost-effective and biodegradable remedy to the widespread problem of water scale.
Oil and Gas Descaler Market: Restraints
High implementation costs
High implementation costs are a key barrier to entry for businesses seeking to invest in oil and gas descaling solutions. These costs include the initial purchase of descaling equipment, installation fees, and continuing maintenance and operating charges.
Furthermore, the intricacy of descaling operations in the oil and gas sector necessitates specialist knowledge, increasing implementation costs. Businesses might have to invest in customized descaling technologies to successfully remove scale buildings from equipment including pipelines, wellheads, and processing units.
As a result, the significant initial investment and continuing operating costs related to oil and gas descaling solutions may discourage enterprises from using these technologies, particularly smaller players with financial resources that are scarce.
Oil and Gas Descaler Market: Opportunities
Integration of digitalization and the IoT
The combination of digitization and the Internet of Things (IoT) is transforming the oil and gas descaler sector, increasing efficiency, lowering costs, and boosting operational effectiveness. Digitalization enables real-time monitoring and evaluation of machinery and procedures, resulting in proactive maintenance and optimization of descaling activities.
IoT-enabled sensors integrated into equipment may collect data on temperature, pressure, and flow rates, offering useful insights about scaling patterns and performance trends. This data may then be examined using advanced analytics and machine learning algorithms to forecast scaling occurrences, improve descaling plans, and boost overall system efficiency.
Furthermore, digital systems allow for remote monitoring and management of descaling operations, decreasing the demand for manual intervention and reducing downtime. For instance, the worldwide IoT in the oil and gas industry is expected to develop at a compound annual growth rate (CAGR) of over 22% from 2021 to 2027.
IoT transforms the oil and gas business by providing remote asset management, predictive analytics, and conditional monitoring, resulting in cost savings, increased safety, and better overall operational efficiency.
Shell has used the Digital Oilfield IoT technology to improve the capabilities of its pipeline facilities. This novel system combines distant pipeline surveillance, wellhead monitoring, field data analysis, and automation capabilities.
Oil and Gas Descaler Market: Segmentation Analysis
The Global Oil and Gas Descaler market is segmented by product type, application, end user and region. Based on type, the market is classified into acid-based descale chemicals, biodegradable descale chemicals, chelating agents, solvent-based descale chemicals, and others.
Acid-based dominated the market in 2022 with a market share of 45% and is expected to keep its dominance during the forecast period 2024-2032.
Acid-based descale chemicals are important in pushing the oil and gas descaler market because they effectively remove scale and mineral deposits from oil and gas machinery and pipelines.
Acid-based descale chemicals are an effective method for removing tenacious deposits, restoring equipment performance, and prolonging its operating life.
Furthermore, rising global demand for oil and gas has led to increasing exploration and production operations, resulting in greater amounts of scale creation and boosting the need for descaling alternatives.
Based on application, the market is classified into oil refineries, gas processing facilities, offshore platforms, onshore wells, and others. The oil refineries segment dominated the market in 2022 with a market share of 40% and is expected to keep its dominance during the forecast period 2024-2032.
Oil refineries are driving the oil and gas descaler market, owing to the necessity to maintain operating efficiency and avoid corrosion in their machinery and pipes. Oil refining operations employ water for cooling and steam generation, which may give rise to the formation of scale deposits comprising minerals such as calcium, magnesium, and silica.
These deposits diminish heat transfer efficiency, increase energy consumption, and accelerate corrosion, all of which have an influence on refinery productivity and equipment longevity.
Based on end user, the market is classified into exploration and production companies, refineries, chemical manufacturers, petrochemical plants, power plants, and others. The exploration and production companies segment dominated the market in 2022 with a market share of 35% and is expected to keep its dominance during the forecast period 2024-2032.
The oil and gas descaler market is driven by exploration and production (E&P) firms’ hydrocarbon extraction activities. Oil and gas wells can accumulate scale during the extraction process, reducing the efficiency of production and resulting in costly downtime.
Furthermore, as E&P activities extend into increasingly problematic settings, such as offshore and unconventional reservoirs, the danger of scale formation rises, pushing up the need for descaling products and services.
Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 365.2 Million |
Projected Market Size in 2032 | USD 571.6 Million |
Market Size in 2022 | USD 354.4 Million |
CAGR Growth Rate | 5.7% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application, End User and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Oil and Gas Descaler Market: Regional Analysis
By region, Oil and Gas Descaler market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
North America dominated the global Oil and Gas Descaler market in 2022 with a market share of 45% in 2022 and is expected to keep its dominance during the forecast period 2024-2032.
North America has enormous oil and gas reserves, mainly in the United States and Canada, resulting in extensive exploration and production activity.
Mineral scale building in pipelines, wells, and equipment is a common concern in these operations, which drives the demand for effective descaling solutions.
Moreover, the use of modern technologies that include hydraulic fracturing (fracking) in unconventional oil and gas plays like the Permian Basin and Bakken Formation raises the demand for descaling treatments to preserve operating efficiency and extend apparatus lifespan.
Furthermore, rigorous environmental rules in North America require the adoption of ecologically friendly descaling solutions to reduce the adverse impacts of oil and gas activities, fuelling the demand for new and sustainable descaling technology.
Oil and Gas Descaler Market: Recent Developments
- In September 2022, NUSIM, S.A.U. announced a partnership with HELGESON SCIENTIFIC SERVICES, creating a device that cleans pipes thoroughly on the inside and outside, enabling future usage.
- In August 2021, ISI Oilfield Chemicals announced its latest auxiliary product line for the oil and gas sector, providing clients with unique solutions. devised a descaler which offers great performance, equivalent to hydrochloric acid, without its harmful and stifling fumes.
- In 2020, Dow Chemical Company acquired Seal-Eze’s oil and gas descaling business. This acquisition provided Dow Chemical with a strong presence in the marketplace for electrolytic descalers, which employ an electrical current to remove scale accumulation.
List of the prominent players in the Oil and Gas Descaler Market:
- BASF SE
- Ecolab Inc.
- Kemira Oyj
- SUEZ Water Technologies & Solutions
- FMC Corporation
- Dow Inc.
- Solvay SA
- Nalco Water
- Baker Hughes
- Halliburton Company
- Schlumberger Limited
- Clariant AG
- Akzo Nobel N.V.
- Albemarle Corporation
- Innospec Inc.
- Stepan Company
- Nouryon
- Kurita Water Industries Ltd.
- Henkel AG & Co. KGaA
- Clearwater Services Inc.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Oil and Gas Descaler Market is segmented as follows:
By Type
- Acid-based Descale Chemicals
- Biodegradable Descale Chemicals
- Chelating Agents
- Solvent-Based Descale Chemicals
- Others
By Application
- Oil Refineries
- Gas Processing Facilities
- Offshore Platforms
- Onshore Wells
- Others
By End User
- Exploration and Production Companies
- Refineries
- Chemical Manufacturers
- Petrochemical Plants
- Power Plants
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Oil and Gas Descaler Market, (2024 – 2033) (USD Million)
- 2.2 Global Oil and Gas Descaler Market: snapshot
- Chapter 3. Global Oil and Gas Descaler Market – Industry Analysis
- 3.1 Oil and Gas Descaler Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Escalating demand for energy
- 3.2.2 Development of advanced descaling technologies
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End User
- Chapter 4. Global Oil and Gas Descaler Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Oil and Gas Descaler Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Oil and Gas Descaler Market – Type Analysis
- 5.1 Global Oil and Gas Descaler Market Overview: By Type
- 5.1.1 Global Oil and Gas Descaler Market Share, By Type, 2022 and – 2033
- 5.2 Acid-based Descale Chemicals
- 5.2.1 Global Oil and Gas Descaler Market by Acid-based Descale Chemicals, 2024 – 2033 (USD Million)
- 5.3 Biodegradable Descale Chemicals
- 5.3.1 Global Oil and Gas Descaler Market by Biodegradable Descale Chemicals, 2024 – 2033 (USD Million)
- 5.4 Chelating Agents
- 5.4.1 Global Oil and Gas Descaler Market by Chelating Agents, 2024 – 2033 (USD Million)
- 5.5 Solvent-Based Descale Chemicals
- 5.5.1 Global Oil and Gas Descaler Market by Solvent-Based Descale Chemicals, 2024 – 2033 (USD Million)
- 5.6 Others
- 5.6.1 Global Oil and Gas Descaler Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Oil and Gas Descaler Market Overview: By Type
- Chapter 6. Global Oil and Gas Descaler Market – Application Analysis
- 6.1 Global Oil and Gas Descaler Market Overview: By Application
- 6.1.1 Global Oil and Gas Descaler Market Share, By Application, 2022 and – 2033
- 6.2 Oil Refineries
- 6.2.1 Global Oil and Gas Descaler Market by Oil Refineries, 2024 – 2033 (USD Million)
- 6.3 Gas Processing Facilities
- 6.3.1 Global Oil and Gas Descaler Market by Gas Processing Facilities, 2024 – 2033 (USD Million)
- 6.4 Offshore Platforms
- 6.4.1 Global Oil and Gas Descaler Market by Offshore Platforms, 2024 – 2033 (USD Million)
- 6.5 Onshore Wells
- 6.5.1 Global Oil and Gas Descaler Market by Onshore Wells, 2024 – 2033 (USD Million)
- 6.6 Others
- 6.6.1 Global Oil and Gas Descaler Market by Others, 2024 – 2033 (USD Million)
- 6.1 Global Oil and Gas Descaler Market Overview: By Application
- Chapter 7. Global Oil and Gas Descaler Market – End User Analysis
- 7.1 Global Oil and Gas Descaler Market Overview: By End User
- 7.1.1 Global Oil and Gas Descaler Market Share, By End User, 2022 and – 2033
- 7.2 Exploration and Production Companies
- 7.2.1 Global Oil and Gas Descaler Market by Exploration and Production Companies, 2024 – 2033 (USD Million)
- 7.3 Refineries
- 7.3.1 Global Oil and Gas Descaler Market by Refineries, 2024 – 2033 (USD Million)
- 7.4 Chemical Manufacturers
- 7.4.1 Global Oil and Gas Descaler Market by Chemical Manufacturers, 2024 – 2033 (USD Million)
- 7.5 Petrochemical Plants
- 7.5.1 Global Oil and Gas Descaler Market by Petrochemical Plants, 2024 – 2033 (USD Million)
- 7.6 Power Plants
- 7.6.1 Global Oil and Gas Descaler Market by Power Plants, 2024 – 2033 (USD Million)
- 7.7 Others
- 7.7.1 Global Oil and Gas Descaler Market by Others, 2024 – 2033 (USD Million)
- 7.1 Global Oil and Gas Descaler Market Overview: By End User
- Chapter 8. Oil and Gas Descaler Market – Regional Analysis
- 8.1 Global Oil and Gas Descaler Market Regional Overview
- 8.2 Global Oil and Gas Descaler Market Share, by Region, 2022 & – 2033 (USD Million)
- 8.3. North America
- 8.3.1 North America Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.3.1.1 North America Oil and Gas Descaler Market, by Country, 2024 – 2033 (USD Million)
- 8.3.1 North America Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.4 North America Oil and Gas Descaler Market, by Type, 2024 – 2033
- 8.4.1 North America Oil and Gas Descaler Market, by Type, 2024 – 2033 (USD Million)
- 8.5 North America Oil and Gas Descaler Market, by Application, 2024 – 2033
- 8.5.1 North America Oil and Gas Descaler Market, by Application, 2024 – 2033 (USD Million)
- 8.6 North America Oil and Gas Descaler Market, by End User, 2024 – 2033
- 8.6.1 North America Oil and Gas Descaler Market, by End User, 2024 – 2033 (USD Million)
- 8.7. Europe
- 8.7.1 Europe Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.7.1.1 Europe Oil and Gas Descaler Market, by Country, 2024 – 2033 (USD Million)
- 8.7.1 Europe Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.8 Europe Oil and Gas Descaler Market, by Type, 2024 – 2033
- 8.8.1 Europe Oil and Gas Descaler Market, by Type, 2024 – 2033 (USD Million)
- 8.9 Europe Oil and Gas Descaler Market, by Application, 2024 – 2033
- 8.9.1 Europe Oil and Gas Descaler Market, by Application, 2024 – 2033 (USD Million)
- 8.10 Europe Oil and Gas Descaler Market, by End User, 2024 – 2033
- 8.10.1 Europe Oil and Gas Descaler Market, by End User, 2024 – 2033 (USD Million)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.11.1.1 Asia Pacific Oil and Gas Descaler Market, by Country, 2024 – 2033 (USD Million)
- 8.11.1 Asia Pacific Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.12 Asia Pacific Oil and Gas Descaler Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Oil and Gas Descaler Market, by Type, 2024 – 2033 (USD Million)
- 8.13 Asia Pacific Oil and Gas Descaler Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Oil and Gas Descaler Market, by Application, 2024 – 2033 (USD Million)
- 8.14 Asia Pacific Oil and Gas Descaler Market, by End User, 2024 – 2033
- 8.14.1 Asia Pacific Oil and Gas Descaler Market, by End User, 2024 – 2033 (USD Million)
- 8.15. Latin America
- 8.15.1 Latin America Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.15.1.1 Latin America Oil and Gas Descaler Market, by Country, 2024 – 2033 (USD Million)
- 8.15.1 Latin America Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.16 Latin America Oil and Gas Descaler Market, by Type, 2024 – 2033
- 8.16.1 Latin America Oil and Gas Descaler Market, by Type, 2024 – 2033 (USD Million)
- 8.17 Latin America Oil and Gas Descaler Market, by Application, 2024 – 2033
- 8.17.1 Latin America Oil and Gas Descaler Market, by Application, 2024 – 2033 (USD Million)
- 8.18 Latin America Oil and Gas Descaler Market, by End User, 2024 – 2033
- 8.18.1 Latin America Oil and Gas Descaler Market, by End User, 2024 – 2033 (USD Million)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.19.1.1 The Middle-East and Africa Oil and Gas Descaler Market, by Country, 2024 – 2033 (USD Million)
- 8.19.1 The Middle-East and Africa Oil and Gas Descaler Market, 2024 – 2033 (USD Million)
- 8.20 The Middle-East and Africa Oil and Gas Descaler Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Oil and Gas Descaler Market, by Type, 2024 – 2033 (USD Million)
- 8.21 The Middle-East and Africa Oil and Gas Descaler Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Oil and Gas Descaler Market, by Application, 2024 – 2033 (USD Million)
- 8.22 The Middle-East and Africa Oil and Gas Descaler Market, by End User, 2024 – 2033
- 8.22.1 The Middle-East and Africa Oil and Gas Descaler Market, by End User, 2024 – 2033 (USD Million)
- Chapter 9. Company Profiles
- 9.1 BASF SE
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Ecolab Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Kemira Oyj
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 SUEZ Water Technologies & Solutions
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 FMC Corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Dow Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Solvay SA
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Nalco Water
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Baker Hughes
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Halliburton Company
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Schlumberger Limited
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Clariant AG
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Akzo Nobel N.V.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Albemarle Corporation
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Innospec Inc.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Stepan Company
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Nouryon
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Kurita Water Industries Ltd.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Henkel AG & Co. KGaA
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Clearwater Services Inc.
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 BASF SE
List Of Figures
Figures No 1 to 32
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- BASF SE
- Ecolab Inc.
- Kemira Oyj
- SUEZ Water Technologies & Solutions
- FMC Corporation
- Dow Inc.
- Solvay SA
- Nalco Water
- Baker Hughes
- Halliburton Company
- Schlumberger Limited
- Clariant AG
- Akzo Nobel N.V.
- Albemarle Corporation
- Innospec Inc.
- Stepan Company
- Nouryon
- Kurita Water Industries Ltd.
- Henkel AG & Co. KGaA
- Clearwater Services Inc.
- Others
FAQs
The restraints of the Oil and Gas Descaler market is high implementation costs.
The major driver for the Oil and Gas Descaler market is escalating demand for energy and development of advanced descaling technologies.
The “Acid-based Descale Chemicals” category dominated the market in 2022.
The key players in the market are BASF SE, Ecolab Inc., Kemira Oyj, SUEZ Water Technologies & Solutions, FMC Corporation, Dow Inc., Solvay SA, Nalco Water , Baker Hughes , Halliburton Company, Schlumberger Limited, Clariant AG, Akzo Nobel N.V., Albemarle Corporation, Innospec Inc., Stepan Company, Nouryon, Kurita Water Industries Ltd., Henkel AG & Co. KGaA, Clearwater Services Inc., Others.
“North America” had the largest share in the Oil and Gas Descaler Market.
The global market is projected to grow at a CAGR of 5.7% during the forecast period, 2023-2032.
The Oil and Gas Descaler Market size was valued at USD 365.2 Million in 2023.