Farmington, March 29, 2023 (GLOBE NEWSWIRE) -- The Global Chemical Injection Skids Market Size Is Forecast To Reach US$2.46 Billion By 2030, After Growing At A CAGR Of 3.4% During 2022-2030. Chemical injection skids are specialized conduit configurations utilized to inject chemicals into a system, predominantly in the oil and gas and chemical industries. The skid structure serves as the primary structure for the system and is designed to safeguard the system. It operates continuously or intermittently and is adaptable for use in a variety of marine and offshore applications. Due to decreased corrosion and the deposition of wax, froth, and scales in chemical systems, the demand for chemical injection skids is increasing.
Request Sample Copy of Report “Chemical Injection Skids Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.
The market for chemical injection skids is segmented by function, end-user, and region. The market is segmented by function into antifoam, corrosion, demulsifying, and scaling products. The corrosion segment dominates the market due to its extensive application to reduce corrosion of high-value equipment and increase equipment durability. The market is segmented by end-user into petrochemicals, chemicals, energy & power, oil & gas, water treatment, and other applications. Due to the widespread use of chemical injection skid in oil and gas production and exploration, it is anticipated that the oil and gas industry will hold a significant market share.
Chemical Injection Skids Market Recent Developments:
- In October 2019 - Calder has achieved a contract to design and build five chemical injection pump packages. These units will operate in a gas and condensate field.
- In August 2021, Ingersoll Rand acquired Maximus Solutions in an all-cash transaction, valued at USD 100.1 million. This acquisition was aimed at transforming the precision and science technologies business segment of Ingersoll.
Chemical Injection Skids Market Dynamics:
Drivers:
Chemical injection skids are utilized to inject water treatment chemicals and include gasoline and other fuel oil additives for the treatment of produced effluent. A chemical injection skid is also used to administer coagulant to aid in the coagulation of the solid.
Bette Brand, USDA Undersecretary for Rural Development, invested $281 million in 106 rural water and sanitation infrastructure improvement initiatives in 36 states and Puerto Rico in 2020. During the period from 2022 to 2027, the market for water quality process analyzers will be driven by an increase in the number of water treatment plants and onsite water reuse in a variety of industries. In 2020, for instance, the New Zealand Parliament has allocated $40 million to enhance portions of the city's drinking water and wastewater infrastructure.
Challenges:
When selecting chemical feed skid components for the oil and gas industry, facilities and chemical feed skid manufacturers must take a number of factors into account. Due to the demanding nature of the industry, delivering chemicals safely and dependably can be difficult. To ensure the proper operation and integrity of the system, chemical feed pallets must be constructed with the proper equipment and accessories. Level monitoring regulates chemical stockpiles and identifies when containers must be refilled. On chemical metering devices, precise measurements are frequently taken, but it is crucial that the tank is neither under nor overfilled. Consequently, factors may inhibit market expansion.
Regional Outlook:
The injection skid for chemicals is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America dominates the chemical injection skid market due to an increase in active oil & gas exploration, primarily through unconventional methods, which is the primary driver of the market in the region. Australia is a key country for the chemical injection skids market in the Asia Pacific region, which is expected to hold the second-largest position in the global market. The expansion of active gas production and exploration in Eastern Europe is anticipated to boost the chemical injection skid market in Europe. During the forecast period, the presence of oil reserves and energy companies in the Middle East and Africa is likely to propel the region's market. The expansion of the petrochemical, chemical, and oil & gas industries, coupled with advancements in technology, are anticipated to increase demand for chemical injection skids over the forecast period.
Buy this Premium Research Report@
https://www.contrivedatuminsights.com/buy/8509/
Scope of Report:
| Report Attributes | Details |
| Growth Rate | 3.4% from 2023 to 2030 |
| Revenue Forecast by 2030 | USD 2.46 Billion |
| By Type |
|
| By Applications |
|
| By Companies | Milton Roy Company, AES Arabia Ltd., Petronash, Lewa GmbH, SPX FLOW Inc., INTECH, Integrated Flow Solutions LLC, Petroserve International, Carotek Inc., IDEX Corporation, and Others |
| Base Year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast Year | 2023 to 2030 |
Chemical Injection Skids Market Key Segments Covered:
Top Market Players:
Milton Roy Company, AES Arabia Ltd., Petronash, Lewa GmbH, SPX FLOW Inc., INTECH, Integrated Flow Solutions LLC, Petroserve International, Carotek Inc., IDEX Corporation, and Others.
By Type:
- Antifoaming
- Corrosion Inhibition
- Demulsifying
- Scale Inhibition
- Others
By Application:
- Oil & Gas
- Energy & Power
- Fertilizer
- Chemical & Petrochemical
- Water Supply & Water Treatment
- Pharmaceutical
- Other
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
Check out more related studies published by Contrive Datum Insights:
- PCR Plastic Packaging Market - The PCR Plastic Packaging market size is projected to be worth USD 74,745.2 million by 2030, registering a CAGR of 6.9% during the forecast period 2023–2030. North America and Europe significantly dominate the global PCR plastic packaging market in terms of market share and dominance. The substantial presence of leading PCR plastic packaging manufacturers such as Berry Global Inc, Amcor Plc, Klockner Pentaplast, and others in North American and European nations is significantly bolstering market growth.
- Metamaterial Market - The Metamaterial Market was worth USD 357.00 Million in 2022 and is expected to be worth USD 2058.89 Million by 2030, growing at a CAGR of 21.74% from 2023 to 2030. North America led the global market for metamaterials in 2021, with a 34.0% market share. Europe and the Asia-Pacific region came in second and third, respectively. Over the next few years, North America is expected to have the biggest market for metamaterials, followed by Europe.
- Wave Energy Converter Market - The global Wave Energy Converter Market was valued at USD 18.73 Million in 2022 and is projected to reach USD 26.15 Million by 2030, growing at a CAGR of 4.26% from 2023 to 2030. In 2021, Europe had the largest share of the Wave Energy Converter Market around the world. Due to the fact that many companies in Europe are researching and developing wave energy converters, it is expected that these devices will be fully used and adopted there. Between 2010 and 2020, 12 MW of wave power were put in place in Europe.
- Menstrual Cup Market - The global Menstrual Cup Market was valued at USD 835.6 Million in 2022 and is projected to reach USD 1,557.8 Million by 2030, growing at a CAGR of 6.3% from 2023 to 2030. North America is the biggest market segment for menstrual cups around the world, and this is expected to stay true for the next few years. The growth of the North American market is mostly driven by the rise in the number of women and the need for more products that are safe for the environment.
Customization of the Report: The report can be customized as per client needs or requirements.For any queries, you can contact us on anna@contrivedatuminsights.com or +1 215-297-4078. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
Social: Facebook / LinkedIn / Twitter
Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com
Website:
https://www.contrivedatuminsights.com
Contrive Datum Insights Press Releases
Latest Contrive Datum Insights Latest Reports
