Chemical Injection Skids Market - Forecast(2023 - 2028)

Report Code: CMR 31501 Report Format: PDF + Excel

Chemical Injection Skids Market Overview

Chemical Injection Skids Market size is forecast to reach US$2.4 billion by 2027, after growing at a CAGR of 1.9% during 2022-2027. Chemical dosing skids are used to inject chemicals in the process where injection in specific quantities is necessary. The specialized chemicals can be injected into the produced oil & gas flow stream from the wellhead or can be injected through an annulus downhole into the oil and gas reservoirs. This skid is used for the injection of corrosion inhibitors and hydrochloric acid. Hence, the demand for chemical injection skids is expected to rise moderately during the forecast period. Chemical injection skids are cost-effective, safe to use, have an easy and fast installation process; therefore, their demand is high in hazardous areas. The use of chemical injection skids in the wastewater sector and rapid investments and development in the wastewater treatment sector and oil and gas sector are some of the major driving factors of the market. For instance, in 2020, New Zealand Council has allocated US$40 million in Government funding to upgrade parts of the city’s drinking and wastewater infrastructure.  The characteristics of drag reducing agents (DRA) make it a notoriously difficult injection application to pump and meter.

Covid-19 Impact

The outburst of the covid-19 has specified several extraordinary challenges to all manufacturers and production companies. The chemical injection skids industries also confronted a lot of difficulties in receiving the workforce as the whole world was under quarantine. The gathering of the raw material and the delivery of the end product all was at stake during the lockdown. However, after a while, the market was back to normal when certain rules were changed. With the change where everyone around the world has to turned into extra aware of environmental safety. As the lifestyles have transformed people are choosing to be healthier and more sustainable after the pandemic. After the Covid-19 pandemic, oil and gas industry investment will have to rise over the next three years by at least 25% yearly from 2020 levels to stave off a crisis.

Report Coverage

The report “Chemical Injection Skids Market Report– Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Chemical injection skids Industry.

By Design Type: Flanged, Buttweld, Flareweld, and Plug

By Product Type: Antifoam Chemical Injection Skids, Demulsifying Chemical Injection Skids, Corrosion Inhibitor Chemical Injection Skids, and Scale Inhibitor Chemical Injection Skids

By End-Use Industry: Pharmaceuticals, Energy and Power, Chemicals, Food and Beverage, Oil and Gas, Water Treatment, and Others

By Geography: North America (USA, Canada and Mexico), Europe (UK, France, Germany, Italy, Spain, Russia, Netherlands, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), and Rest of the world (Middle East and Africa)

Key Takeaways

  • The Asia Pacific region dominates the chemical injection skids market owing to a rapid increase in energy and power and oil and gas sector.
  • The increasing use of chemical injection skids in wastewater treatment for injection of water treatment chemicals is driving the market growth.
  • Rapid investments and development of oil and gas sector is boosting the market growth.

Figure: Asia Pacific Chemical Injection Skids Market Revenue, 2021-2027 (US$ Billion)

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Chemical Injection Skids Market Segment Analysis - By Product Type

The corrosion inhibitor chemical injection skids segments accounted for approximately 18% of the market share in 2021 and are estimated to grow at a 2.4% CAGR during the forecast period. The demand for corrosion inhibitor chemical injection skids is expected to grow owing to its efficacy in reducing corrosion and the formation of deposits such as wax, scales, foam in liquid chemical treatment systems. The manufacturers are also providing customizable equipment, with online monitoring instrumentation for optimized control in a wide array of onshore and offshore environments. They are widely employed in the chemicals industry. They are used for the injection of various chemicals, including caustic soda (for high-pressure cleaning, corrosion inhibitor chemicals, hydrochloric acid (for descaling purposes), and amines (for removal of sour gas), among many more. Thus, the development in the chemical industries are highly impacting the market growth, for instance, in 2021 the Indian government on Wednesday said the Indian chemical industry has an opportunity to attract investment of about US$13 billion by 2025 as the country offers a location advantage. Opportunities exist in the entire value chain and across the sector, improving the overall market of chemical injection skids during the forecast period.

Chemical Injection Skids Market Segment Analysis - By End-Use Industry

Oil and Gas segment held the largest share in the chemical injection skids market in 2021 and is growing at a CAGR of 2.8% during 2022-2027. A fully functional chemical injection system has various components that function together to optimize productivity in the oil and gas industry. Chemical injection systems can be deployed in a variety of enhanced oil recovery applications onshore and offshore. These chemical injection packages inject viscosity increasers to improve the sweep through a reservoir improving the production of oil & gas recovery. Thus, the rapid growth in the oil and gas sector is certainly positively impacting the chemical injection skids market. For instance, India has witnessed a steady increase in production as well as consumption of petroleum products over the years. The production of petroleum products stood at 262.94 MMT in the year 2019-20. Upstream oil and gas investment is expected to rise by about 10% in 2021 as companies recover financially from the shock of 2020, but spending remains well below pre-crisis levels. Firmer demand and higher oil and gas prices have led to diverging investment strategies. Cost control remains a common theme, but some major national oil companies are looking to invest counter-cyclically to gain market share.

Chemical Injection Skids Market Segment Analysis - By Geography

Asia-Pacific region holds the largest share in the chemical injection skids market in 2021 and is estimated to grow at 42% CAGR during 2022-2027. China and Japan dominated the market in the Asia-Pacific; however, India is expected to witness healthy growth during the forecast period. Increasing refining activities in these countries are in turn expected to boost the market demand. For instance, Japan is the fourth-largest oil consumer globally, with a refinery capacity of about 3,600 thousand barrels per day, which constitutes 3.7% of the world’s refining capacity. currently, Japan has approximately 23 oil refineries, and the demand for petroleum products is decreasing by 1-2% per year. The constant investments and development in the end-use industries like wastewater treatment, pharmaceutical, oil and gas, and others are certainly driving the market growth of the chemical injection skids market during the forecast period. For instance, according to the World Bank, in 2009-2020, global spending on wastewater projects exceeded US$26 billion, with 84% of investments in wastewater treatment being in greenfield projects, which means a predominance of new facilities in this segment of infrastructure. A significant proportion of these projects are being implemented in China and other East Asian countries, where governments have recently turned towards environmental protection. Thus, the growth of waste treatment in the region certainly anticipates the growth of the chemical injection skids market.

Chemical Injection Skids Market Drivers

Rapid use of Chemical Injection Skids in Wastewater Treatment Sector

Chemical injection skids are used for the injection of water treatment chemicals to treat the wastewater produced and for inhibition of gasoline and other additives to fuel oils. Coagulant dosing is also done using the chemical injection skids in order to aid in the coagulation of solid.
In 2020 U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Bette Brand invested US$281 million in 106 projects to improve water and wastewater infrastructure in rural communities in 36 states and Puerto Rico. The rise in the numeral of water treatment plants and rising onsite reuse of water by various industries in driving the market for process analyzers for water quality during the forecast period 2022-2027. For instance, In 2020, New Zealand Council has allocated US$40 million in Government funding to upgrade parts of the city’s drinking and wastewater infrastructure.

Increasing Investments in Oil and Gas and Energy Sector

This is currently focused on increasing domestic production and is planned to expand chemical injection skids. There is now substantial growth, in particular in oil and gas, in the area in various end-user industries. Such factors are expected to contribute to the growth of demand in the area during the forecast timeframe for chemical injection skids. The constant investments in the sector are driving market growth. For instance, in 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production. After staying flat in 2020, global power sector investment is set to increase by around 5% in 2021 to more than USD 820 billion. Thus, the growth in the sector boosts the market growth of chemical injection skids during the forecast period.

Chemical Injection Skids Market Challenges

Monitoring Controls Chemical Inventory can be Challenging

There are many factors both facilities and chemical skid manufacturers must consider when selecting chemical feed skid components for the oil and gas industry. Due to the industry's demanding environment, delivering chemicals in a safe and reliable manner can be challenging. Chemical feed skids must be built with the proper equipment and accessories to ensure accurate operation and system integrity. Level monitoring controls chemical inventory and determines when the tanks require filling. Though the precise measurement often comes from chemical metering pumps, it is important for the tanks not to run out or overflow. Thus, the factor might hinder the market growth.

Chemical Injection Skids Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Chemical Injection Skids Market. Chemical Injection Skids Market top 10 companies include:

  • Proserv Group Inc.
  • IDEX Corporation
  • SPX FLOW Inc.
  • Petronash
  • Seko SpA
  • Cameron (Schlumberger)
  • Hunting PLC
  • ITC Dosing Pumps
  • Lewa GmbH
  • McFarland-Tritan LLC
  • Others.

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1. Chemical Injection Skids Market- Market Overview
    1.1 Definitions and Scope 
2. Chemical Injection Skids Market- Executive Summary
    2.1 Key Trends by Design Type 
    2.2 Key Trends by Product Type
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. Chemical Injection Skids Market– Comparative analysis 
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Chemical Injection Skids Market- Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Chemical Injection Skids Market– Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Chemical Injection Skids Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes 
7. Chemical Injection Skids Market– Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies 
8. Chemical Injection Skids Market– By Design Type (Market Size -US$ Million/Billion)
    8.1 Flanged
    8.2 Buttweld
    8.3 Flareweld
    8.4 Plug
9. Chemical Injection Skids Market– By Product Type (Market Size -US$ Million/Billion)
    9.1 Antifoam Chemical Injection Skids
    9.2 Demulsifying Chemical Injection Skids
    9.3 Corrosion Inhibitor Chemical Injection Skids
    9.4 Scale Inhibitor Chemical Injection Skids 
10. Chemical Injection Skids Market– By End-Use Industry (Market Size -US$ Million/Billion)
    10.1 Pharmaceuticals
    10.2 Energy and Power
    10.3 Chemicals
    10.4 Food and Beverage
    10.5 Oil and Gas
    10.6 Water Treatment
    10.7 Others
11. Chemical Injection Skids Market - By Geography (Market Size-US$ Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Chemical Injection Skids Market– Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Chemical Injection Skids Market– Industry/Segment Competition Landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share by Key Region - Major companies
    13.3 Market Share by Key Country - Major companies
    13.4 Market Share by Key Application - Major companies
    13.5 Market Share by Key Product Type/Product category - Major companies
14. Chemical Injection Skids Market– Key Company List by Country Premium Premium
15. Chemical Injection Skids Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best-efforts basis for private companies"