Glycol Dehydration Unit Market to close to US$ 220.5 Mn by 2028

Glycol Dehydration Unit Market 2022

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. Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, ‘Glycol Dehydration Unit Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028’. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.

The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is expected to account for a lion’s share in the market, owing to the advantages associated with its utilization.

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Key Companies- 

  • 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

glycol dehydration unit market

Global Glycol Dehydration Unit Market: Dynamics

The rising demand for natural gas from various end-use industries across the globe is expected to be one of the key factors assisting the demand for glycol dehydration units. The growing adoption of gas instead of oil in multiple industries across the globe has become a trend. This can be attributed to the less harmful nature of gas to the environment as compared to oil. Hence, the development and establishment of new gas fields will remain the key agenda for various economies. With an increase in gas production activities, the demand for gas treatment technologies and equipment such as glycol dehydration units is also expected to grow.

Global Glycol Dehydration Unit Market: Forecast

As per market insights, among the glycol type segments, the triethylene glycol segment is expected to remain a prominent segment in the global dehydration unit market during the forecast period, owing to the various advantages associated with its utilization, such as it can be easily regenerated to a higher degree of purity, lower operating costs and vapor losses, etc.

Globally, Europe is anticipated to account for a prominent share in the global glycol dehydration unit market throughout the forecast years. The market in Africa is anticipated to grow at a significant CAGR in the global glycol dehydration unit market, owing to upcoming investments in countries such as Nigeria, Egypt, etc.

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