The oil and gas descaler market comprises chemical products that are used for removing deposits and scales in oil and gas production facilities. Descalers find wide application in removing calcium, magnesium, and other mineral deposits present in pipelines, heat exchangers, valves and other production equipment used in upstream and downstream oil and gas operations. Water used in production operations contains minerals that precipitate out of the water over time and adhere to the internal surfaces of pipes and vessels as hard deposits or scales. These scales reduce heat transfer, obstruct flow and increase pressure drop if not removed periodically. Descalers chemically dissolve these deposits without harming pipes or vessel material. Some common chemical-based descalers used are organic acids, phosphates and chelating agents.
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 Dynamics:
Two key factors driving growth in the oil and gas descaler market are increasing operations in mature oil and gas fields and growing downstream sector. Mature oilfields require enhanced oil recovery techniques like waterflooding which use large volumes of water that leads to increased scale formation over time. Application of descaling chemicals helps improve the productivity and recovery from such fields by removing built-up deposits. Furthermore, the downstream sector comprising refineries and petrochemical plants is witnessing strong demand growth in regions like Asia Pacific and Middle East due to rising energy needs. These plants also use boiler feed water and processing water that leaves mineral scales in complex processing equipment if not treated periodically. Proper descaling maintenance extends the life of assets and avoids production downtimes in downstream facilities.
Segment Analysis
The global oil and gas descaler market is dominated by the chemical segment which holds around 60% of the total market share. Chemical descalers are widely used for descaling boilers, heat exchangers, cooling towers and other equipment in oil & gas industries. They are cost-effective and easily available descaling solutions. The chemical segment is expected to continue dominating the market during the forecast period owing to growing industrialization and need for cleaning heavy deposition in pipelines and vessels.
PEST Analysis
Political: Any changes in environmental regulations regarding wastewater discharge will impact the demand for descaling chemicals. Favorable government policies boosting oil & gas production activities will drive the market growth.
Economic: Growth in refining and petrochemical industries coupled with increasing offshore and onshore oil & gas projects are the key factors boosting the economic growth of this market.
Social: Rising environmental concerns related to wastewater discharge have increased the adoption of descaling chemicals.
Technological: New technologies for effective removal of limescale, salt deposits and other contaminants without damaging internal pipe surfaces are gaining traction. Advancements in descaling formulations will further aid the market expansion.
Key Takeaways
Global Oil And Gas Descaler Market Size is expected to witness high growth during the forecast period due to increasing offshore and onshore exploration & production activities. 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.
Regionally, North America dominates the global market due to large number of refineries and widespread pipeline network in countries like US and Canada. The Asia Pacific region is projected to be the fastest growing market for oil and gas descaler owing to rising energy demand and growing refining capacity in China and India. Countries in this region are ramping up investments in setting up new refineries and enhancing existing ones.
Key players operating in the oil and gas descaler market are Envato Elements Pty Ltd., Pond5 Inc., Inmagine Lab Pte Ltd, The Music Bed LLC, Music Vine Limited, Storyblocks.com, Soundsnap, Soundstripe Inc., Bensound, and Jamendo. These companies are focusing on developing proprietary descaling formulations and technologies for effective removal of deposits with minimal corrosion.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
