Global Market Study on Glycol Dehydration Unit: Increasing Investments in Natural Gas Processing Facilities to Accelerate Demand Growth


Glycol Dehydration Unit  Market
  • Published On : Apr-2019 |
  • Pages : 307 Pages |
  • Format :

Persistence Market Research (PMR) provides an exclusive analysis of the global glycol dehydration unit market, in its revised report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028'. The main aim of this report is to offer an exhaustive analysis and insights pertaining to the glycol dehydration unit market. This report offers a comprehensive analysis of the global glycol dehydration unit market in terms of market value (US$ Mn) and year-wise (Y-o-Y) growth in the global glycol dehydration unit market on the basis of glycol type, processing capacity, regenerator type, design, and end use.

The study considers 2017 as the base year, with glycol dehydration unit market values estimated for 2018, and a forecast developed for the duration of 2018 to 2028. The compound average growth rate (CAGR) has been represented from 2018 to 2028.

The study covers glycol dehydration unit market dynamics, value chain analysis, and industry growth analysis, along with segmental-level projections in a comprehensive manner. As per industry experts and findings of the report, the global glycol dehydration unit market is expected to witness a moderate growth rate in the near future, and is anticipated to grow at a CAGR of 4.6% between 2018 and 2028.

The research report on the glycol dehydration unit market analyses the market at a global as well as regional level, through market segmentation on the basis of glycol type, processing capacity, regenerator type, design, and end use. The key objective of the glycol dehydration unit market report is to offer insights on competition positioning, current trends, market potential, statistics, and other relevant information in a suitable manner to readers and prominent stakeholders involved in the global glycol dehydration unit market.

The report has been structured to facilitate readers to develop a deep understanding of the glycol dehydration unit market. The report begins with an executive summary, followed by glycol dehydration unit market definitions, market taxonomy, background and macro-economic factors, market dynamics and analysis of the market by key segments, regional market analysis, and competition assessment.

Each section of the report covers a qualitative as well as quantitative assessment of the glycol dehydration unit market on the basis of historical trends, key facts, opinions collected from market participants through interviews, and key developments in the glycol dehydration unit market.

Glycol Dehydration Unit Market: Segmentation

By Glycol Type

By Processing Capacity

By Regenerator Type

By Design

By End Use

By Region

  • Ethylene Glycol
  • Diethylene Glycol
  • Triethylene Glycol
    • Low Purity
    • High Purity
  • Tetraethylene Glycol

 

  • 1-60 MSCFD
  • 60-100 MSCFD
  • 100-450 MSCFD
  • Above 450 MSCFD

 

  • Direct Fired
  • Hot Oil Heated
  • Electric Emersion Heated

 

  • Standard Units
  • Semi-Custom Units
  • Custom Units
  • Natural Gas Well Gathering Units
  • Refinery Process Units
  • Chemical Plants
  • Offshore Gas Production Units
  • Other Gas Processing Units
  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East
  • Africa

The next section of the report includes macro-economic factors such as global economic outlook, industry value added growth, real GDP growth, global GDP outlook, chemical industry overview, crude oil production & consumption outlook, global energy consumption, natural gas production overview, glycol dehydration unit installed base by region, forecast factors, value chain analysis overview, etc.

The next section of the report provides value (US$ Mn) projections for the glycol dehydration unit market, and absolute $ opportunity analysis at a global level. The subsequent section highlights the glycol dehydration unit market sizing by respective segments at a global level. The global glycol dehydration unit market values represented in these sections have been agglomerated by collecting the information and data at a regional level. Information of the glycol dehydration unit market covers unique analysis frameworks such as absolute $ opportunity analysis, year-on-year growth trend comparison, market share, and attractiveness analysis for each of the sub-types of the segments.

The subsequent section of the report presents a summarized view of the global glycol dehydration unit market based on seven prominent regions considered in the study. The market analysis section of the report covers market projections, market share analysis, market attractiveness analysis, Y-o-Y growth trends, and incremental $ opportunity assessment.

All the above sections evaluate the present market scenario and growth prospects in the global glycol dehydration unit market.

Market numbers, on a regional as well as country level, for various segments, have been estimated through a combination of secondary and primary researches among the target countries. Key sources referred to arrive at the global glycol dehydration unit market size include glycol dehydration unit manufacturers, industry associations and experts, documents available through the public domain, paid databases, and PMR’s in-house data repository.

In order to offer an accurate glycol dehydration unit market forecast, PMR’s proprietary regression analysis forecast model was then utilized to derive the market estimation for the forecast years, which takes into account the effects of certain macro-economic factors and direct factors on the global and regional target (glycol dehydration unit) markets. Opinions of market participants about various geographies and segments were also taken into account while forecasting the glycol dehydration unit market size.

In the final section of the report, intensity mapping analysis by region, and a competition landscape of the glycol dehydration unit market have been included to provide report audiences with a dashboard view categorized on the basis of providers in the value chain, their glycol dehydration unit market presence, and key strategies being adopted related to glycol dehydration units in the market. Detailed profiles of the manufacturers of glycol dehydration units have also been included in the scope of the report to evaluate their recent developments and key offerings in the glycol dehydration unit market.

The glycol dehydration unit market report by Persistence Market Research provides information about market value (US$ Mn) projections, market dynamics, key developments and projects, and forecast factors in the global glycol dehydration unit market for the period of study - 2018-2028. Globally, the glycol dehydration unit market was valued at US$ 136.1 Mn by 2017 end, and is projected to expand and reach US$ 220.5 Mn by the end of 2028.

Rising Demand for Natural Gas from Multiple End-Use Industries to Assist the Sales of Glycol Dehydration Units

The growing adoption of gas instead of oil in various end-use industries across the globe has become a key trend. This can be attributed to the less harmful nature of gas as far as the environment is concerned when compared to oil. As such, establishing new and developing gas fields would be the key agenda of numerous economies across the globe. Thus, with increasing natural gas production activities, the demand for gas treatment technologies such as glycol dehydration units is also expected to surge.

glycol dehydration unit market

Supply Contracts, Acquisition Activities, and Provision of Customized Units – Focus Areas for Glycol Dehydration Unit Manufacturers

Prominent manufacturers of glycol dehydration units are continuously focusing on acquisitions and supply contracts for natural gas dehydration units. Also, various manufacturers are involved in the development of customized glycol dehydration units as per customer specifications, in order to enhance their presence and cater to a wide customer base across the globe.

For instance, Frames Group recently signed a contract with Chevron Nigeria Ltd. to supply glycol dehydration units for their natural gas processing facility based in Nigeria.

Triethylene Glycol – Key Segment for Glycol Dehydration Units

Globally, the glycol dehydration unit market has been segmented on the basis of glycol type into ethylene glycol, diethylene glycol, triethylene glycol, and tetraethylene glycol. The triethylene glycol segment is anticipated to account for a prominent share in the global glycol dehydration unit market over the forecast years.

Triethylene glycol is the most commonly utilized glycol for natural gas dehydration processes, owing to the advantages associated with it as compared to other glycol types such as low vapor losses and low operating costs, and also it can be easily regenerated to a higher degree of purity.

The low purity triethylene glycol segment is expected to create 1.9X incremental opportunity as compared to the high purity triethylene glycol segment during the forecast years.

Market Growth to be Prominent in Middle East & Africa and North America in the Near Future

Continuous investments in natural gas processing facilities across countries such as the U.S, Nigeria, Egypt, etc., is found to be the key factor that is expected to push the demand for dehydration technologies and equipment, and, in turn, propel the growth of the glycol dehydration unit market in these regions.

Both, in terms of market volume as well as value, Europe accounts for a prominent share in the global glycol dehydration unit market. The markets in South Asia & Pacific is anticipated to witness an above average growth rate over the forecast years. In terms of market value, the market in East Asia is expected to witness 1.3X growth in the global glycol dehydration unit market.

Glycol Dehydration Unit Market – Competitive Landscape

Some of the market players included in the global glycol dehydration unit market report are Exterran Corporation, Schlumberger Limited, Enerflex Ltd., Pietro Fiorentini S.p.a., QB Johnson Manufacturing, Inc., Frames Group, Axens, KW International, Propak Systems Ltd., Alco Group, Croft Production Systems, Inc., Nihon Seiki Co., Ltd., ALLIA France, etc.

Globally, the glycol dehydration unit market is consolidated, with the top 5 providers holding a significant share in the market.

Globally, the glycol dehydration unit market has witnessed various developments in the recent past. Long-term contracts with end users and acquisitions are found to be the key focus areas of glycol dehydration unit manufacturers across the globe.

  • In April 2017, Chevron Nigeria Ltd awarded a contract to Frames Group BV to provide a natural gas dehydration unit for its offshore gas gathering and compression platform.
  • For instance, in March 2018, Petrobras signed a contract of US$ 587 Mn to build a natural gas processing unit in Rio de Janeiro.

Key Questions Answered in the Report

  • How has the glycol dehydration unit market evolved in the past 4 years?
  • How is the glycol dehydration unit market expected to take shape in terms of value and volume over the next decade?
  • What are the competition developments and key trends identified in the global glycol dehydration unit market?
  • What are the market dynamics in the global glycol dehydration unit market?
  • What are the competition developments and key trends identified in the global glycol dehydration unit market?
  • What are the key challenges for glycol dehydration unit manufacturers?
  • By region, what is the market presence of prominent companies in the glycol dehydration unit market?
  • What is the market share of the top 5 players in the global glycol dehydration unit market?

Company Profiles:

  • Exterran Corporation
  • Schlumberger Limited
  • Enerflex Ltd.
  • Pietro Fiorentinnin S.p.a.
  • QB Johnson Manufacturing, Inc.
  • Frames Group
  • Axens
  • KW International
  • Propak Systems Ltd.
  • Alco Group
  • Croft Production Systems, Inc.
  • Nihon Seiki Co. Ltd.
  • ALLIA France
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