Cdu Heat Exchanger Antifoulants Market

CDU Heat Exchanger Antifoulants Market: China to Make the Most of the Opportunities Arising from Industrial Expansion: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

  • 2018-05-17
  • REP-GB-6701
  • 220 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Cdu Heat Exchanger Antifoulants Market

This study offers a comprehensive, 360 degree analysis on the Cdu Heat Exchanger Antifoulants market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cdu Heat Exchanger Antifoulants market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The demand for antifoulants prevails in the regions with prominence of light and heavy industries, primarily owing to high capacity of the oil refineries. The ever-increasing customer demand for refinery products across various end-use sectors is a sign for the future demand for efficient crude oil. Attributing to this, manufacturers of crude oil are focusing on expansion and clean fuel investments. For instance, in August 2017, Indian Oil Corp. Ltd., planned to invest US$ 0.03 Trillion over the next 5 to 7 years for expanding its refining capacity and build new businesses. At a globe level, steady growth is anticipated in oil industries, due to the demand for gasoline and fuels in the market. These products show signs of remarkable growth during the forecast period.

North America is likely to maintain its lead in the market throughout the course of the forecast period

In the North America region, the U.S. is anticipated to gain 90 BPS by 2028 as compared to 2018 while expanding with a stable CAGR during the course of the forecast period. The U.S. is estimated to account the maximum share in the North America CDU heat exchanger antifoulant market in 2018 and is projected to rise extensively by 2028 end. In 2013, the U.S. possessed the largest refinery capacity in the world with 139 operating refineries. Its refinery capacity was 17.38 million barrels per day at the end of 2012, accounting for approximately held a good share of the world’s total refinery capacity. Canada is anticipated to lose 90 BPS by 2028 as compared to 2018 while expanding with a strong CAGR over the forecast period. Canada is estimated to account for what remains after the U.S.’s share in the North America CDU heat exchanger antifoulant market in 2018 and is projected to rise significantly as well in the coming years.

The market is slated to witness neck and neck competition between Western Europe and China

Germany is expected to account for a major share of the pie in the global CDU exchanger antifoulants market owing to the rise in the number of refinery projects in the regions. Increasing number of refinery projects and requirement of refinery process chemicals in countries of Europe will support the demand for antifoulants. These countries have oil reserves, which in turn support the demand for antifoulants. Further, APAC is a major market owing to the establishment of new refineries to cater to the growing demand for new units in the countries such as China and India.

Shift of manufacturers towards emerging countries such as India and China is expected to be one such trend that can be seen gaining traction in the coming years. Increase in energy production from primary sources, such as coal, oil and gas, to fulfill rising consumer demand is expected drive production in refineries, thereby fueling the demand for antifoulants. To meet this increasing demand, prominent players of the antifoulant market are expanding their manufacturing and production facilities to emerging regions, such as China and India, with an aim to reduce operational cost, owing to the availability of low cost labor and abundance of economical raw materials in these regions.

Overview of the Global CDU Heat Exchanger Antifoulants Market with reference to the Global Chemicals and Materials Industry Outlook

Recycle and reuse practices are impacting the sales of virgin materials, resulting into lesser dependency on volume-driven growth. New materials are showcasing potential for driving value-based growth, but chemical companies are still some time away from achieving voluminous production, while maintaining high quality at the same time. Barring few exceptions, a majority of players are still prioritizing short-term volume growth over long-term value growth. Pressure on improving bottom-line is influencing manufacturers to improve efficiency and reduce operational costs. The impact of value-driven growth may not be visible in the short-term, but long-term outlook remains in favor of a balanced approach between value and volume.

Manufacturers are under increasing pressure to incorporate digital solutions in their offerings. Forward-thinking manufacturers are investing in technology to reduce human interference and streamline key operational aspects such as ordering and shipping. Resonating its influence over every industry, Internet of Things (IoT) has the potential to transform and disrupt the chemical sector. Connectivity through IoT devices is gaining traction, whereas product-level sensors on dispensing equipment and barrels are helping manufacturers track their consignments digitally. Through assessment of long-term benefits, chemical companies are capitalizing on digitization by adopting digital platforms & processes that eliminate human error in profit-associated operations.

Manufacturers continue seeking low-priced feedstock in a bid to marginally reduce pre-production costs. Industry leaders are joining forces to replace fossil fuel-derived feedstock with bio-based alternatives. However, concerns related to producing affordable and sustainable feedstock at mass scale remains a challenge. Access to quality and affordable feedstock will continue to remain a focus area for manufacturers. Chemical manufacturing processes are running on limited energy, while volume of feedstock is getting stranded at ports as disapproval from import authorities keeps disrupting supply chains in sectors, such as oleochemicals and petrochemicals industries.

Chemical manufacturers have promised support and adherence to governments & regional authorities that are committing towards green, sustainable initiatives. Development of bio-alternatives is gaining momentum. Research & academic institutes are teaming up with manufacturers to formulate sustainable substitutes for commonly-used chemical substrates. Many companies are keeping a close eye on advancements in “green chemistry.” Shift towards eco-friendly chemicals will gain momentum in the future on the back of government regulations and end-user preference. Rising costs of fossil fuels will also instrument the upsurge for sustainable chemicals manufacturing.

List of factors tracked in the Chemicals and Materials Market Report

  • Chemical Industry Value Add

  • Chemical Sales

  • Per Capita Consumption

  • Standard Capacity Factors

  • Plastics Consumption Outlook

  • Glass Consumption Outlook

  • Policies and Regulations

  • Historical growth of top players

  • Growth in associated markets

  • Net trade scenario

  • Apparent production capacity

Research Methodology

FMI utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field. The panel members help in validating the findings and fill the gaps if any.  In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain. Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.

Data Collection

FMI collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.

Data Validation

In this phase, FMI validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.

Data Analysis and Projection

Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.

For public companies we capture the data from company website, annual reports, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies. In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.

Standard Report Structure

  • Executive Summary

  • Market Definition

  • Macro-economic analysis

  • Parent Market Analysis

  • Market Overview

  • Forecast Factors

  • Segmental Analysis and Forecast

  • Regional Analysis

  • Competition Analysis

Market Taxonomy

The global CDU heat exchanger antifoulants market has been segmented into:

Region

Chemistry

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • APEJ

  • India

  • China

  • Japan

  • Middle East & Africa

  • Dispersants

  • Corrosion Inhibitors

  • Metal Coordinators

  • Polymerization Inhibitors

    • Free radical Polymerization Inhibitors

    • Non-linear Polymerization Inhibitors

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