Overview and Scope
Chemical injection skids refer to equipment with piping arrangements used to inject chemicals into various systems. These are corrosion-resistant, cost-effective, provide greater safety, and ensure reduced downtime at the worksite.
Sizing and Forecast
The chemical injection skids market size has grown steadily in recent years. It will grow from $2.28 billion in 2023 to $2.35 billion in 2024 at a compound annual growth rate (CAGR) of 3.0%. The growth in the historic period can be attributed to the growing chemicals industry, emerging markets growth and the rapid industrialization..
The chemical injection skids market size is expected to see steady growth in the next few years. It will grow to $2.69 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to government support, the growing petrochemical industry and the rising urbanization. Major trends in the forecast period include innovative product developments to improve injection skid performance, real time chemical automation, investments in chemical testing analysis methods, integration of the internet of things (iot) and data analytics in chemical injection skids, strategic partnerships and collaborations among market players and development of technologically advanced products such as chemical skids for high pressure applications..
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Segmentation & Regional Insights
The chemical injection skids market covered in this report is segmented –
1) By Function: Antifoaming, Corrosion Inhibition, Demulsifying, Scale Inhibition, Other Functions
2) By End-User: Oil And Gas, Energy And Power, Fertilizer, Chemical And Petrochemical, Water Supply, Water Treatment, Other End Users
North America was the largest region in the chemical injection skids market in 2023. The regions covered in the chemical injection skids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing chemical industry is expected to people the growth of the chemical injection skids market going forward. The chemical industry is a broad sector that encompasses the production and processing of chemicals on an industrial scale. Chemical injection skids offer numerous benefits to the chemical industry by providing a controlled and automated solution for injecting chemicals into various processes. For instance, according to the American Chemistry Council, Chemical volumes in the United States increased by 1.4% in 2021 and 3.2% in 2022, while shipments increased by 8.1% in 2021 and 8.2% in 2022. Furthermore, according to the government of India, India’s chemical sector (including fertilizers and pharmaceuticals) showcased an 18-23% revenue growth in FY2022 and is predicted to expand to USD 304 billion by 2025, with an annual growth rate of 9.3%. Therefore, the growing chemical industry is driving the growth of the chemical injection skids market.
Key Industry Players
Major companies operating in the chemical injection skids market report are ChampionX Corporation, Petronash Holdings, INTECH Process Automation, Lewa GmbH, AES Arabia Ltd,AFP, Petrak Industries, Controval Gallery, Habu Technology, Dencil Fluidtek Systems Pvt Ltd, Depamu, Excel Engineering Systems, Sustisak Enterprise Ltd, Ultrajet Industrial Cleaning Systems Pvt. Ltd, Bliss Anand Pvt. Ltd, Tederic, Wingoil, Hebei Focus Piping Co., Ltd, Santacc, Proserpol, ProMinent France, Socomate International, LEWA GmbH, Milton Roy Europe GmbH, Sistemas de Inyección de Productos Químicos, S.L, Fluidra S.A., Idrochemical S.r.l, Fluid Global Solutions S.r.l, HNP Mikrosysteme AG, Milton Roy UK Ltd, PromTechKomplekt, Lobbe Russia, ChemInject, Elika Engineering, Polimatech, Metron SRL, HIMAT, Eko-Projekt, ENAPAG, POLINDO, Doseuro Czech s.r.o, Technolog, Proma Machinery, Czech Engineering Group, Hydro Systems Company, Pulsafeeder, Chemical Injection Technologies, Inc, Chemical Metering Pumps Canada, TransChem, Clean Harbors, Grupo DEISA, SMAQUA, Propemsa, Tecval Equipamentos Industriais, Dosebras Dosagem Industrial, BRAGNOLI, Hidraujac Indústria de Bombas, Euro Mechanical, Mefab, Smartcorr, Intech, Kamat, AGI Packaged Pump Systems
The chemical injection skids market report table of contents includes:
1. Executive Summary
2. Chemical Injection Skids Market Characteristics
3. Chemical Injection Skids Market Trends And Strategies
4. Chemical Injection Skids Market – Macro Economic Scenario
5. Global Chemical Injection Skids Market Size and Growth
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32. Global Chemical Injection Skids Market Competitive Benchmarking
33. Global Chemical Injection Skids Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Chemical Injection Skids Market
35. Chemical Injection Skids Market Future Outlook and Potential Analysis
36. Appendix
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