PUBLISHER: Polaris Market Research | PRODUCT CODE: 1219534
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1219534
The global chemical injection skids market size is expected to reach USD 2.46 billion by 2032, according to a new study by Polaris Market Research. The report "Chemical Injection Skids Market Share, Size, Trends, Industry Analysis Report, By Function (Antifoaming, Corrosion Inhibition, Demulsifying, Scale Inhibition, and Others); By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing penetration and prevalence towards the availability and adoption of advanced and integrated chemical injection skids systems, help to reduce the installation and operation initiation times along with the rising awareness regarding the environment-friendly wastewater disposable systems and modernization of existing infrastructure, especially in emerging economies like India, China, and Indonesia are key factors likely to influence the market growth over the anticipated period.
In addition, growing efforts by key market companies to develop new and more innovative products to offer critical solutions and better process output across the globe positively impact market growth.
For instance, in January 2022, Everlift Systems introduced new product series, the CI series Chemical Injected Skid Systems, that offers an effective and robust simple turnkey solution. It includes an integrated spill containment tray offering 11 gallons of storage in the event of spills.
In recent years, chemical injection skids have found their application in chemicals industry and are being used in the processing pipeline, and usually placed upstream of the processing units to inject chemicals at a completely controlled flowrate and pressure for the purpose to maintain product quality by adding crucial additives to the flowing stream. Along with the rise in chemical industry and focus by market players on market expansion across the globe, which is further augmenting the demand for these types of skids.
For instance, in December 2021, ChampionX announced the establishment of a new oil-field services chemicals lab & distribution facility in Trinidad. The new chemical lab will expand its capabilities to serve the region's oil & gas industry & help the company to meet its customer requirements.
Polaris Market Research has segmented the chemical injection skids market report based on function, end-use, and region:
Figure 1 Global Chemical Injection Skids Market, 2019-2032 (USD Billion)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter's Five Forces
Figure 6 Market by End-Use
Figure 7 Global Chemical Injection Skids Market, by End-Use, 2021 & 2030 (USD Billion)
Figure 8 Market by Function
Figure 9 Global Chemical Injection Skids Market, by Function, 2021 & 2030 (USD Billion)
Figure 10 Chemical Injection Skids Market Assessment, By Geography, 2019-2032 (USD Billion)
Figure 11 Strategic Analysis - Chemical Injection Skids Market