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Chemical Injection Skids Market Size, Share & Trends Estimation Reports By Type Outlook (Antifoaming, Corrosion Inhibition, Demulsifying, Scale Inhibition, Others), By Application Outlook (Oil & Gas, Energy & Power, Fertilizer, Chemical & Petrochemical, Water Supply & Water Treatment, Pharmaceutical, Other), By Region and Forecasts, 2022-2030.
Global Chemical Injection Skids Market size was valued at USD 1.87 Billion in 2022 and is projected to reach USD 2.46 Billion by 2030, growing at a CAGR of 3.40% from 2022 to 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.
The COVID-19 outbreak has made things hard for makers and manufacturers in the market in ways that have never happened before. Because of the pandemic, it was also hard for businesses to find people to work for them. During the lockdown, it was harder to get the raw materials and harder to deliver the final product. After a few rules were changed, the market went back to normal.
Chemical injection skids are becoming more common and used in wastewater treatment and the oil and gas industries around the world. This is one of the main things that is driving the growth of the chemical injection skids market. CIS makes it possible to put the right amount of certain chemicals into a system at the right pressure, flow rate, and temperature, which is needed to meet its needs.
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.
- 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.
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
Key Vendors:
1. Milton Roy Company: Its makes more controlled-volume metering pumps than anyone else in the world. Their pumps are the best in terms of performance, accuracy, and longevity. For more than 85 years, Milton Roy has concentrated its scientific, engineering and production resources on the development and manufacture of equipment that accurately control fluids ranging from water to high viscosity polymers, corrosive or abrasive chemicals, toxic substances, and other difficult pumping elements.Motor Driven Pumps, Water Powered Pumps, Electromagnetic Pumps, Solar Powered Pumps, Vertical and Horizontal Mixers, Diaphragm Pumps, Controllers, and Accessories are some of the things this company specializes.
2.Petronash: It is one of the biggest companies in the world that makes engineered packaged products for the Oil & Gas Industry. Throughout our more than 20-year journey, we've made it a point to stay true to our core goals and beliefs: Quality and Customer Satisfaction. By doing this, we've always gone the extra mile to meet and even exceed our customers' standards, which we've been doing very well.
Petronash is proud of the high-tech factories it owns in Dubai, Houston, and Dammam. Putting money into cutting-edge equipment and Business Process Automation (SAP) has helped the company become the market leader in the goods it makes.Modular Wellsite Packages, Chemical Injection Skids, Wellhead Control Panel, Oil and Gas, OEM, Oil & Gas Engineering, and Manufacturing are some of the things that this is specializes.
3.Lewa GmbH: It is the top company in the world when it comes to making diaphragm metering pumps, process pumps, and complete metering systems and plants. LEWA offers customized solutions, with a focus on pump and system interaction and the process itself. LEWA's main strengths are its high-quality after-sales service and distribution of spare parts, as well as its many years of experience in foreign project management. Specialize in a Diaphragm metering pumps, Process diaphragm pumps, Odorizing systems, Metering systems, Centrifugal pumps, Hygienic pumps, Compressors, Piston pumps, Diaphragm pumps, Plunger pumps, Chemical injection packages, Pump skids, Chromatography systems, Blowing agent metering systems, and Custom metering systems
4.SPX FLOW Inc.: It is fixes problems with processing, which helps customers cut costs, increase uptime, save energy, reduce waste, and improve quality. We make and sell high-value technology, service, and support to the world's top food, health, and industrial companies. From our state-of-the-art Innovation Centers to our dairy processors and mixers, we work with customers to develop and improve their most important production processes.Power generation and distribution, mixers, pumps, valves, ships, separators, homogenizers, apv, ultra high temperature systems, heat exchangers, spray dryers, evaporators, hydraulic technologies, and high force tools are the company's specialties.
5. INTECH Creative Services: It is a global provider of solutions that has been around since 2003. It offers excellent services that combine years of experience, solid relationships, and the ability to change.Our IT services include building and maintaining applications, business data, content management, testing by third parties, customer service, and custom solutions. Onsite/Offshore Development Support, Java Swing/ 2D Graphics Application Profiling and Optimization, MIS/Business Intelligent Solutions, Application Architectural Review and Analysis, Enterprise Mobility, and IT Services are some of their specialties.
By Type:
- Antifoaming
- Corrosion Inhibition
- Demulsifying
- Scale Inhibition
- Others
The specific function of a chemical injection skid will depend on the application.
Antifoaming: Antifoaming chemicals are used to prevent the formation of foam in industrial processes. Foam can be a problem in a number of industries, including the oil and gas industry, the water treatment industry, and the food and beverage industry.
Corrosion inhibition: Corrosion inhibitors are used to protect metal surfaces from corrosion. Corrosion is a major problem in a number of industries, including the oil and gas industry, the water treatment industry, and the power generation industry.
Demulsifying: Demulsifying chemicals are used to break down emulsions. Emulsions are mixtures of two immiscible liquids, such as oil and water. Demulsifying chemicals are used to break down these emulsions so that the two liquids can be separated.
Scale inhibition: Scale inhibitors are used to prevent the formation of scale on metal surfaces. Scale is a deposit of minerals that can form on metal surfaces in water systems. Scale can reduce the efficiency of water systems and can also damage the equipment.
Others: There are a number of other functions that chemical injection skids can be used for. These include:
- pH adjustment
- Oxidation/reduction
- Biological control
- Solvent injection
By Application:
- Oil & Gas
- Energy & Power
- Fertilizer
- Chemical & Petrochemical
- Water Supply & Water Treatment
- Pharmaceutical
- Other
Oil & Gas: Chemical injection skids are used in the oil & gas industry to inject corrosion inhibitors, scale inhibitors, and demulsifying chemicals into oil & gas pipelines. This helps to prevent corrosion, scale buildup, and emulsions, which can damage the pipelines and reduce their efficiency.
Energy & Power: Chemical injection skids are also used in the energy & power industry to inject chemicals into power plants and other energy facilities. These chemicals can be used to control corrosion, prevent scaling, and remove impurities from water and steam.
Fertilizer: Chemical injection skids are used in the fertilizer industry to inject chemicals into fertilizer plants. These chemicals can be used to control corrosion, prevent scaling, and improve the efficiency of the fertilizer production process.
Chemical & Petrochemical: Chemical injection skids are used in the chemical & petrochemical industry to inject chemicals into chemical plants and other petrochemical facilities. These chemicals can be used to control corrosion, prevent scaling, and remove impurities from liquids and gases.
Water Supply & Water Treatment: Chemical injection skids are used in the water supply & water treatment industry to inject chemicals into water treatment plants. These chemicals can be used to disinfect water, control corrosion, prevent scaling, and remove impurities from water.
Pharmaceutical: Chemical injection skids are used in the pharmaceutical industry to inject chemicals into pharmaceutical manufacturing facilities. These chemicals can be used to control corrosion, prevent scaling, and remove impurities from liquids and gases.
Other: Chemical injection skids are also used in a variety of other industries, such as the food & beverage industry, the mining industry, and the pulp & paper industry.
Based on Region:
North America: North America is the largest market for chemical injection skids, accounting for about 31.0% of the global market in 2022. This is due to the high demand for chemical injection skids in the oil and gas industry in the region.
Europe: Europe is the second largest market for chemical injection skids, accounting for about 25.0% of the global market in 2022. The market in Europe is expected to grow at a CAGR of 3.5% during the forecast period, driven by the increasing demand for chemical injection skids in the water treatment and wastewater treatment industries.
Asia Pacific: Asia Pacific is the third largest market for chemical injection skids, accounting for about 20.0% of the global market in 2022. The market in Asia Pacific is expected to grow at a CAGR of 4.0% during the forecast period, driven by the increasing demand for chemical injection skids in the oil and gas, water treatment, and wastewater treatment industries.
Latin America: Latin America is the fourth largest market for chemical injection skids, accounting for about 10.0% of the global market in 2022. The market in Latin America is expected to grow at a CAGR of 3.0% during the forecast period, driven by the increasing demand for chemical injection skids in the oil and gas and water treatment industries.
Middle East & Africa: Middle East & Africa is the smallest market for chemical injection skids, accounting for about 5.0% of the global market in 2022. The market in Middle East & Africa is expected to grow at a CAGR of 4.5% during the forecast period, driven by the increasing demand for chemical injection skids in the oil and gas and water treatment industries.
- 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:
Dynamics
- The increasing demand for chemical injection skids: The demand for chemical injection skids is increasing due to the increasing demand for clean water, the need to control corrosion and scaling in industrial processes, and the need to improve the efficiency of industrial processes.
- The increasing complexity of industrial processes: The increasing complexity of industrial processes is driving the demand for chemical injection skids that can handle a wider range of chemicals and that can be more easily integrated into industrial processes.
- The increasing availability of automation and control technologies: The increasing availability of automation and control technologies is making it easier to operate and maintain chemical injection skids.
Restraints
- The high cost of chemical injection skids: The cost of chemical injection skids can be high, which can be a barrier for some users.
- The lack of standardization in the industry: There is no single standard for chemical injection skids, which can make it difficult to compare products and to ensure that products are compatible with each other.
- The need for specialized knowledge to operate and maintain chemical injection skids: Chemical injection skids can be complex to operate and maintain, which requires specialized knowledge.
Drivers
- The increasing demand for clean water: The demand for clean water is increasing due to the growing population, the increasing urbanization, and the increasing awareness of the importance of water quality.
- The need to control corrosion and scaling in industrial processes: Corrosion and scaling can cause significant damage to industrial equipment, which can lead to costly downtime and repairs. Chemical injection skids can be used to control corrosion and scaling, which can help to prevent these problems.
- The need to improve the efficiency of industrial processes: Chemical injection skids can be used to improve the efficiency of industrial processes by controlling the flow of chemicals and by ensuring that the chemicals are used effectively.
Trends
- The increasing use of automation and control technologies: Automation and control technologies are becoming increasingly common in the chemical injection skids market. These technologies can help to improve the efficiency and reliability of chemical injection skids.
- The increasing use of modular chemical injection skids: Modular chemical injection skids are becoming increasingly popular. These skids are made up of standardized modules that can be easily assembled and disassembled. This makes them easier to transport, install, and maintain.
- The increasing use of online monitoring and diagnostics: Online monitoring and diagnostics are becoming increasingly common in the chemical injection skids market. These technologies can help to improve the efficiency and reliability of chemical injection skids by providing real-time information about the skids' performance.
Opportunities
- The growing demand for chemical injection skids in emerging markets: The demand for chemical injection skids is growing in emerging markets, such as China, India, and Brazil. This is due to the increasing industrial activity in these markets.
- The development of new technologies for chemical injection skids: The development of new technologies for chemical injection skids is creating new opportunities for market participants. These technologies include the use of automation and control technologies, the use of modular skids, and the use of online monitoring and diagnostics.
Challenges
- The high cost of chemical injection skids: The cost of chemical injection skids can be high, which can be a barrier for some users.
- The lack of standardization in the industry: The lack of standardization in the industry can make it difficult to compare products and to ensure that products are compatible with each other.
- The need for specialized knowledge to operate and maintain chemical injection skids: Chemical injection skids can be complex to operate and maintain, which requires specialized knowledge.
Scope of report:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Revenue 2030 | US$2.46 Billion |
Growth Rate | CAGR of 3.4% from 2023 to 2030 |
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By Application |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope |
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Conclusion:
The "Global Chemical Injection Skids Market Analysis to 2028" is a focused and in-depth study of the chemicals and materials industry, with a focus on the global market trend analysis. During the next few years, the market for chemical injection skids is likely to grow quickly. The market that was looked at is in the chemistry business, which is growing quickly. On the other hand, the growth of the market studied is likely to be slowed by mature markets in rich economies.