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Showing posts with the label Crude Oil Flow Improvers Market Trend

Crude Oil Flow Improvers Market Segments and Key Trends Analysis till 2025

The market is estimated to grow significantly over the forecast period owing to shale revolution positively affecting the COFI market. Despite several existing rigs being decommissioned over the last few years, the industry has witnessed an increase in the overall petroleum production. This has given an impetus to the need for utilization of these chemicals in the upstream extraction sector. The Global Crude Oil Flow Improvers Market is expected to reach USD 2.03 billion by 2025, according to a new report by Grand View Research, Inc. The existence and expansion of product pipelines have encouraged the utilization of these products to improve the productivity, minimize the throughput time and eliminate the bottlenecks during the various operations across the oil and gas value chain. Asphaltene inhibitors are anticipated to be the fastest growing segment over the upcoming years and is projected to grow at a CAGR of 6.3% from 2017 to 2025. These products help to reduce the precip