Lake Shore Gazette

Leading News Website

Glycol Dehydration Unit Market Set to Witness an Uptick during to 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. The global glycol dehydration unit market exceeded the value of US$ 140 Mn in 2018, witnessing 3.6% Year-on-Year growth over 2017. North America, led by the US, is anticipated to account for the maximum number of glycol dehydration units installed. Europe is expected to account for a prominent share in the global glycol dehydration unit market over the forecast years.

To remain ‘ahead’ of your competitors, request for a sample @

https://www.persistencemarketresearch.com/samples/28405

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.

glycol dehydration unit market

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.

For critical insights on this market, request for ask an expert here @        

https://www.persistencemarketresearch.com/ask-an-expert/28405

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.

Global Glycol Dehydration Unit Market: Competitive Landscape

Some of the market participants included in the report on the glycol dehydration unit market are Exterran Corporation, Schlumberger Limited, Enerflex Ltd., Pietro Fiorentini 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, etc.

For in-depth competitive analysis, buy now@

https://www.persistencemarketresearch.com/checkout/28405

About us:                                           

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *