Press release
Hydrate Inhibitors Market Business Segmentation By Revenue And Structure Forecast 2027
Hydrate inhibitors are chemical substances or devices that are designed to control the formation of hydrates during the process of natural gas production. Natural gas hydrates are ice-like solids that form when natural gas and free water are combined at low temperature and high pressure. It is formed at a gas or an oil condensate well.
Hydrate inhibitors aid in reducing hydrate plugs and line blockages, which occur due to hydrate formation. Hydrate inhibitors are used where mechanical methods such as insulated flow line and active heating are not feasible.
The market for hydrate inhibitors is expected to exhibit high growth in the near future, owing to increasing demand for natural gas & crude oil. Growth of hydrate inhibitors market is dependent on natural gas consumption as hydrate inhibitors are used to prevent or reduce gas hydrate formation in offshore and onshore production system. According to the International Energy Outlook 2017, U.S. Energy Information Administration, world energy consumption is estimated to increase from 575 quadrillion British thermal units (Btu) in 2015 to 663 quadrillion Btu by 2030. Furthermore, it is estimated to increase to 736 quadrillion Btu by 2040, thereby increasing demand for various energy sources including natural gas.
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Increasing demand for natural gas and oil is expected to boost the global hydrate inhibitors market growth. Global demand for energy is increasing rapidly. Moreover, world natural gas consumption is expected to increase by 43% from 2015 to 2040 according to the International Energy Outlook 2017, as natural gas continues to be the fuel for electric power generation and for application in industrial sectors. Electric power and industrial sector uses around 75% of the natural gas of the projected increase in total consumption between 2015 and 2040.
Detailed Segmentation:
Global Hydrate Inhibitors Market, By Inhibitor Type:
Thermodynamic Inhibitors
Methanol
Mono Ethylene Glycol (MEG)
Low Dosage Hydrate Inhibitors (LDHI’s)
Anti-Agglomeration Inhibitors/Surfactants
Quaternary Ammonium Compounds
Amides
Bio-surfactants
Kinetic Inhibitors
Polyvinylcaprolactam
Polyvinylpyrrolidone
Polyethyloxazoline
N-methyl-N-vinylacetamide
Tetra pentyl ammonium bromide
Butoxy-ethanol
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Key companies covered as a part of this study includes Halliburton, Ashland Global Specialty Chemicals Inc., Ecolab Inc., Baker Hughes Inc., Innospec Inc., JSC Gazprom Neftekhim Salavat, BASF SE, Evonik Industries AG, Clariant AG, GasHydrate LLC, and Schlumberger Limited.
Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Hydrate inhibitors aid in reducing hydrate plugs and line blockages, which occur due to hydrate formation. Hydrate inhibitors are used where mechanical methods such as insulated flow line and active heating are not feasible.
The market for hydrate inhibitors is expected to exhibit high growth in the near future, owing to increasing demand for natural gas & crude oil. Growth of hydrate inhibitors market is dependent on natural gas consumption as hydrate inhibitors are used to prevent or reduce gas hydrate formation in offshore and onshore production system. According to the International Energy Outlook 2017, U.S. Energy Information Administration, world energy consumption is estimated to increase from 575 quadrillion British thermal units (Btu) in 2015 to 663 quadrillion Btu by 2030. Furthermore, it is estimated to increase to 736 quadrillion Btu by 2040, thereby increasing demand for various energy sources including natural gas.
Request For Sample Copy of this Report : https://www.coherentmarketinsights.com/insight/request-sample/555
Increasing demand for natural gas and oil is expected to boost the global hydrate inhibitors market growth. Global demand for energy is increasing rapidly. Moreover, world natural gas consumption is expected to increase by 43% from 2015 to 2040 according to the International Energy Outlook 2017, as natural gas continues to be the fuel for electric power generation and for application in industrial sectors. Electric power and industrial sector uses around 75% of the natural gas of the projected increase in total consumption between 2015 and 2040.
Detailed Segmentation:
Global Hydrate Inhibitors Market, By Inhibitor Type:
Thermodynamic Inhibitors
Methanol
Mono Ethylene Glycol (MEG)
Low Dosage Hydrate Inhibitors (LDHI’s)
Anti-Agglomeration Inhibitors/Surfactants
Quaternary Ammonium Compounds
Amides
Bio-surfactants
Kinetic Inhibitors
Polyvinylcaprolactam
Polyvinylpyrrolidone
Polyethyloxazoline
N-methyl-N-vinylacetamide
Tetra pentyl ammonium bromide
Butoxy-ethanol
Request Discount of This Report:
https://www.coherentmarketinsights.com/insight/request-discount/555
Key companies covered as a part of this study includes Halliburton, Ashland Global Specialty Chemicals Inc., Ecolab Inc., Baker Hughes Inc., Innospec Inc., JSC Gazprom Neftekhim Salavat, BASF SE, Evonik Industries AG, Clariant AG, GasHydrate LLC, and Schlumberger Limited.
Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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