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Chemical Injection Skids Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Chemical Injection Skids Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Region : Global | Format : report format | Report ID : 8509 | No. of Pages : 180

  • DESCRIPTION
  • TABLE OF CONTENT
  • METHODOLOGY
  • REPORT SCOPE

The Global Chemical Injection Skids Market Size Is Forecast To Reach US$2.4 Billion By 2027, After Growing At A CAGR Of 1.9% During 2022-2030.

Chemical Injection Skids Market Overview:

Chemical injection skids are specialized piping arrangements used to inject chemicals into a system, mostly in the oil & gas and chemical industry. The skid structure provides a major structure for the system and is created and designed to protect the system. It functions continuously or intermittently and can be used in various settings for various purposes in the marine and offshore industry. Demand for chemical injection skids is increasing due to reduced corrosion and formation of deposits such as wax, foam, and scales in the chemical systems.

The chemical injection skids market is segmented into function, end-user, and geography. Based on the function, the market is segmented into antifoam, corrosion, demulsifying, scale, and others. The market is dominated by the corrosion segment due to large application to minimize corrosion of high valued equipment and improve equipment durability. Based on the end-user segment, the market is categorized into petrochemicals, chemicals, energy & power, oil & gas, water treatment, and others. The oil & gas segment is estimated to hold a large portion of the market share due to the wide deployment of chemical injection skid in production and exploration activities.

Significant growth in the chemical industry and accelerating growth from water treatment applications are the key factors driving market growth. However, lack of a skilled workforce having domain-specific knowledge restraints the market growth. Also, stringent regulations from the oil & gas industry restraints market growth during the projected period.

Chemical Injection Skids Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Chemical Injection Skids Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Chemical Injection Skids Market 
Key Market Updates:

  • 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.

Major Market Segments Covered in Chemical Injection Skids Market Industry Research:

Market Key Players:
Milton Roy Company, AES Arabia Ltd., Petronash, Lewa GmbH, SPX FLOW Inc., INTECH, Integrated Flow Solutions LLC, Petroserve International, Carotek Inc., IDEX Corporation

By Type:

  • Antifoaming
  • Corrosion Inhibition
  • Demulsifying
  • Scale Inhibition
  • Others

By Application:

  • Oil & Gas
  • Energy & Power
  • Fertilizer
  • Chemical & Petrochemical
  • Water Supply & Water Treatment
  • Pharmaceutical
  • Other
Chemical Injection Skids Market NA

By Region:
The chemical injection skid is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is dominating the market owing to growth in active oil & gas exploration activities, mostly through the unconventional procedure, is primarily fuelling the chemical injection skid market in the region. Asia Pacific region is expected to be the second-largest position in the global market, as Australia is a key country for the chemical injection skids market in Asia Pacific. Growth in active gas production and exploration activities in Eastern Europe is expected to accelerate Europe's chemical injection skid market. The presence of oil reserves and oil companies in the Middle East & Africa is likely to propel the region's market during the forecast period. Growth in petrochemical, chemical, and oil & gas industries coupled with advanced technologies, is expected to increase the demand for the chemical injection skids market in the projected period.

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of 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

Significant Market Dynamics:

Market Drivers

Chemical injection skids are used to inject water treatment chemicals and contain gasoline and other fuel oil additives to treat the produced wastewater. Coagulant dosing is also done using a chemical injection skid to aid in coagulation of the solid.

In 2020, USDA Undersecretary for Rural Development Bette Brand invested $281 million in 106 projects to improve water and sanitation infrastructure in rural communities in 36 states and Puerto Rico. Growing number of water treatment plants and increasing on-site water reuse in various industries driving the water quality process analyzer market over the forecast period 2022-2027. For example, in 2020 New Zealand Parliament allocated $40 million in government funding to upgrade parts of the city's drinking water and wastewater infrastructure.

It is currently focused on increasing domestic production and will expand chemical injection skids in the future. Significant growth is currently occurring in a variety of end-user industries, especially in the oil and gas sector. These factors are expected to contribute to the growing demand in the region during the forecast period for chemical injection skids. Ongoing investments in this segment are driving market growth. For example, in 2021, annual global energy investment will rise to $1.9 trillion, a nearly 10% rebound from 2020 and bringing total investment back to pre-crisis levels. However, its composition has shifted away from traditional fuel production and into the power and end-use sectors. After stagnating in 2020, global power sector investment is set to rise by around 5% to more than US$820 billion in 2021. Hence, growth in this segment fuels the market growth of chemical injection skids during the forecast period.

Market Challenges

There are many factors that both facilities and chemical skid manufacturers must consider when selecting chemical feed skid components for the oil and gas industry. Due to the demanding environment of the industry, safely and reliably delivering chemicals can be challenging. To ensure correct operation and system integrity, chemical feed skids must be constructed using appropriate equipment and accessories. Level monitoring controls chemical inventory and determines when tanks need to be filled. Accurate measurements are often made on chemical metering pumps, but it is important that the tank is not under or overfilled. Therefore, factors may hamper market growth.

Chemical Injection Skids Market report scope:
Chemical Injection Skids Market Table

Key Takeaways from this Chemical Injection Skids Market Report

  • Estimate Chemical Injection Skids Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
  • Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
  • Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
  • Get a quick viewpoint on the Chemical Injection Skids Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
  • Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
  • Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Chemical Injection Skids Market?

The Chemical Injection Skids Market is growing at a CAGR of 1.9% During Forecast Period.

What are the key types of Chemical Injection Skids Market?

Antifoaming, Corrosion Inhibition, Demulsifying, Scale Inhibition, Others

What are the key applications of Chemical Injection Skids Market?

Oil & Gas, Energy & Power, Fertilizer, Chemical & Petrochemical, Water Supply & Water Treatment, Pharmaceutical, Other

Who are the key players in Chemical Injection Skids Market?
Milton Roy Company, AES Arabia Ltd., Petronash, Lewa GmbH, SPX FLOW Inc., INTECH, Integrated Flow Solutions LLC, Petroserve International, Carotek Inc., IDEX Corporation

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