Zion Market Research Global Crude Oil Flow Improvers Market, 2016–2024 | Page 3

Crude Oil Flow Improvers Market
of fulfilling the growing demand. Crude oil is one of the largest energy resources in the
world; hence, it becomes essential to use and distribute crude oil in the productive and
efficient way. This is a major growth factor in the global market. Crude oil flow improvers are
used in the production stage and provide an optimal solution for all the three stages such as
extraction, transportation, and refining. This is anticipated to foster the global crude oil flow
improvers market in the near future. Crude oil flow improvers are used to enhance the crude
oil productivity; this is a major driver for the global market. Conversely, tremendous hike in
the crude prices and global recession restraints the global market to some extent.
Global Crude Oil Flow Improvers Market: Segmentation
The global crude oil flow improvers market is classified on the basis of application as a
refinery, extraction, market par, and transportation. Based on the type, the global market is
categorized as paraffin inhibitors, hydrate inhibitors, drag reducing agents, asphaltene
inhibitors, and scale inhibitors.
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Global Crude Oil Flow Improvers Market: Regional Analysis
North America is the major consumer of the crude oil flow improvers. The Middle East
regions are moving towards gaining highest market share in the near future. In the countries
such as India and China, growing urbanization, increasing disposable income, growing
purchasing power of the people are some of the factors that are projected to contribute to
the growth of the global market in future. However, recent finding of the shale oil technology
in Canada and the U.S and oversupply of crude oil is hampering the growth of the global
crude oil flow improvers market.