Uploaded on Feb 19, 2021
Chemical Injection Skids Market - Global Industry Analysis, Size, Share, Trends, and Forecast, 2019 - 2027
Chemical Injection Skids Market - Global Industry Analysis, Size, Share, Trends, and Forecast, 2019 - 2027
Chemical Injection Skids Market - Global Industry Analysis, Size,
Share, Trends, and Forecast, 2019 - 2027
Global Chemical Injection Skids Market: Overview
Chemical injection skids are specialized piping arrangements which are generally
used in the oil & gas industry. These are designed to inject chemicals including
hydrochloric acid and corrosion inhibitors. The skid structure provides major structure
for the system and is created and designed to protect the system. The chemical
injection skids are made from structural steel. Demand for modular integrated
chemical injection skids is rising due to characteristics such as cost effectiveness,
space efficiency, fast fabrication process, and installation processes. Components of
a chemical injection skid include cover, access fitting body, plug assembly, service
valve, and retrieval tool.
Demand for chemical injection skids is rising due to reduce corrosion and formation of
deposits such as wax, scales and foam in the chemical systems. Recent
advancements in the renewable energy sector are anticipated to augment the
chemical injection skids market in the next few years. According to the International
Energy Agency, global demand for natural gas is expected to increase by 1.6%
annually in the next few years. This is anticipated to propel the market during the
forecast period. Rise in demand for fossil fuels in the chemical industry is estimated to
drive the chemical injection skids market. However, implementation of regulations
related to coal gas exploration and production activities is projected to restrain the
market in the near future.
Global Chemical Injection Skids Market: Key Segments
In terms of function, the global chemical injection skids market can be classified into
antifoam, corrosion, de-emulsifying, and scale. Based on application, the market can
be categorized into petrochemicals, chemicals, energy & power, oil & gas, and water
treatment. In terms of design type, the chemical injection skids market can be
segmented into flanged, buttweld, flareweld, and plug. Demand for lareweld chemical
injection skids is high, as they have a reinforced welding neck and possesses a
specific radius.
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Global Chemical Injection Skids Market: Regional Analysis
Based on region, the global chemical injection skids market can be divided into North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America
is a key region of the global market. Rise in active gas exploration activities, especially
through unconventional methods, is boosting the chemical injection skid market in the
region. Australia is a key country for the chemical injection skids market in Asia Pacific.
Many manufacturers of chemical injection skids expand towards the emerging
economies for strengthening their market position in these regions. The oil & gas
sector in the country has expanded rapidly and created valuable jobs over the last few
years. Australia has made progress in the power generation sector.
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The market in China is projected to expand significantly in the next few years. Increase
in active gas exploration activities in Eastern Europe is anticipated to propel the
chemical injection skid market in Europe. Countries in Latin America such as Brazil
and Mexico have initiated offshore development activities. This is estimated to boost
the chemical injection skids market in the region. Presence of oil reserves and oil
companies in Middle East & Africa is likely to fuel the market in the region during the
forecast period. Progress made in the petrochemical and oil & gas industries along
with the technological advancements are likely to enhance the demand for chemical
injection skids market in the region.
Global Chemical Injection Skids Market:
Key players operating in the global chemical injection skids market include SPX
FLOW, SUEZ, Emerson, AES Arabia Ltd, and Carotek, Inc.
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