Crude oil comprises of several salts such as sodium, calcium, and magnesium chlorides. Thus, to remove these salts from the oil, a desalter is required. A crude oil desalter or electrostatic dehydrator is considered as a very efficient way to reduce water content and salts from crude oil. Crude oil desalters help in removing moisture and salts from crude oil, whereas the electrostatic dehydrator helps in removing the water content present in crude oil.

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In 2014, the global crude oil desalters market for and electrostatic dehydrators was valued at US170.5 mn and is estimated to reach a value US$190.6 mn by the end of 2023. The market is anticipated to register a 2.40% CAGR from 2015 to 2023.

Dropping Imports of Refined Petroleum Products in EU Countries to Hamper Market

The rising number of new refinery installations, growing crude oil production at offshore sites, and increasing demand for fluid catalytic cracking units are some of the major factors driving the global market for crude oil desalters and electrostatic dehydrators. Moreover, the declining crude oil prices, leading to increasing refinery profit margins, are further anticipated to fuel the growth of the market. However, the decreasing imports of refined petroleum products including diesel and gasoline in European Union countries are hampering the growth of the market.

The global market for crude oil desalters and electrostatic dehydrators can be classified broadly into crude oil desalters and crude oil electrostatic dehydrators. Furthermore, the crude oil desalter market can be categorized on the basis of type into single stage, two stage, and three stage crude oil desalters. Among these, in 2014, the two stage crude oil desalter segment dominated the overall market, holding a share of more than 60% in the global market.

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In 2014, the AC field electrostatic dehydrator segment dominated the overall market, holding a share of 50% in the global market for crude oil desalters and electrostatic dehydrators. The sales figures of two stage crude oil desalters have increased owing to the increasing acceptance of heavy crude oil in refineries globally.

Latin America Crude Oil Desalter and Electrostatic Dehydrator Market to Grow Rapidly

The global market for crude oil desalter and electrostatic dehydrator can be divided on the basis of geography into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. In 2014, the Middle East and Africa dominated the overall market, holding a share of around 35% in the global market. Nevertheless, the Latin America market for crude oil desalters and electrostatic dehydrators is estimated to grow rapidly in the next few years. Furthermore, the Asia Pacific market is expected to follow Latin America and exhibit a progressive growth rate in the coming years.

The major players operating in the global market for crude oil desalters and electrostatic dehydrators include PROSERNAT S.A., Custom Process Equipment LLC, VME Process Inc., EN-FAB Inc., Mackenzie Hydrocarbons Pty Ltd., Forum Energy Technologies, Fjords Processing AS, Croda International Plc., Agar Corporation, Petro Techna International, Cameron International Corporation, and Komax Systems.

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