Glycol Dehydration Unit Market 2022
The glycol dehydration unit market is expected to grow significantly over the forecast period. This growth can be attributed to the increasing demand for natural gas and the need for energy-efficient dehydration methods. Additionally, the rising demand for propane and butane in various end-use industries is also expected to fuel the growth of the glycol dehydration unit market.
However, the high cost of installation and maintenance is expected to restraint the growth of the glycol dehydration unit market. Nonetheless, the development of new technologies such as nanofiltration is expected to provide new opportunities for market players operating in the glycol dehydration unit market.
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.
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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.
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
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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.
However, the availability of alternative technologies pertaining to natural gas dehydration is one of the key challenging factors in the global glycol dehydration unit market. Some of the players in the gas dehydration technologies market are focusing on the development of alternative technologies, such as the membrane dehydration technique. For instance, Air Liquide’s PEEK-SepTM membrane technology has the capability to dehydrate natural gas at a low pressure.
Technological advancements in glycol dehydration unit production technology combined with advancements in various end uses are expected to create opportunities for companies to serve multiple clients with better solutions. Long-term contracts and acquisition activities are found to be the key trends in the global glycol dehydration unit market.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Glycol Dehydration Unit Market Manufacturers
Glycol Dehydration Unit Market Distributors/Traders/Wholesalers
Glycol Dehydration Unit Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in Glycol Dehydration Unit Market Report –
Who are the Major Manufacturers and Suppliers of Glycol Dehydration Unit?
What will the Glycol Dehydration Unit Market growth rate in Future?
What are the key factors driving the global Glycol Dehydration Unit Market?
Who are the key manufacturers in Glycol Dehydration Unit Market space?
What are the opportunities and threats faced by the vendors in the global Glycol Dehydration Unit industry?
What are sales, revenue, and price analysis by regions of Glycol Dehydration Unit industry?
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