Global Chemical Injection Skids Market, By Function (Antifoaming, Corrosion Inhibition, Demulsifying, Scale Inhibition, and Other), By End User (Oil & Gas, Energy & Power, Fertilizer, Petrochemical, Chemical, Water Treatment, Pharmaceutical, and Other End-Use Industries), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

In 2022, the global chemical injection skids market was valued at USD 2.26 billion and is expected to grow to USD 3.07 billion in 2032. Between 2023 and 2032, this market is estimated to register a CAGR of 3.2%.

The chemical injection skids market consists of systems, designed to inject precise amounts of chemicals into various industrial processes. These skids can be utilized for injecting corrosion inhibitors, scale inhibitors, biocides, demulsifiers, and scavengers into oil and gas pipelines, petrochemical plants, and water treatment facilities.

Demand for chemical injection skids has been driven by rising automation needs within the oil & gas industry as well as increased environmental and safety regulations. Having precise control over chemical dosing provides significant cost savings along with improved operational efficiency.

Key Takeaways

• Market Growth and Value: The global chemical injection skids market was valued at USD 2.26 billion in 2022 and is expected to reach USD 3.07 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 3.2%. This indicates steady growth in the industry.
• Function Analysis: Chemical injection skids serve various functions, including antifoaming, corrosion inhibition, demulsifying, scale inhibition, and others. Corrosion inhibition is the leading function, contributing to 28.6% of the market share. It is essential for protecting expensive equipment from corrosion, emphasizing its significance in the industry.
• End-User Industries: The oil and gas sector dominates the market, holding a 22% market share. Chemical injection skids play a crucial role in maintaining quality and efficiency levels in this industry. They are also extensively used in petrochemical, water treatment, and pharmaceutical industries, ensuring operational excellence and regulatory compliance.
• Driving Factors: The demand for chemical injection skids is driven by the increasing need for automation within the oil and gas industry. Automation ensures precise and efficient control over chemical dosing, enhancing operational efficiency. Additionally, stringent safety and environmental regulations are boosting the adoption of chemical injection skids to meet regulatory obligations.
• Restraining Factors: High initial investment is a challenge for some businesses looking to adopt chemical injection skids. Moreover, market dynamics can be impacted by price volatility in the oil and gas sector, leading to reduced investments during times of low oil and gas prices. Competition in the industry also exerts pricing pressure and reduces profit margins for businesses.
• Growth Opportunities: Manufacturers have the opportunity to meet the increasing demand for customized chemical injection skids tailored to the specific requirements of end users. This demand can be addressed by developing flexible and innovative skids capable of handling various chemicals and operating under different conditions. The adoption of automation and IoT technologies presents another opportunity to create smart chemical injection skids for remote monitoring and control.
• Trending Factors: Trends in the chemical injection skids market include the growing adoption of automation and IoT technologies in oil and gas operations, enhancing operational efficiency and safety. There is also a preference for environmentally sustainable solutions, with manufacturers developing skids with eco-friendly chemicals and materials to reduce waste production and emissions. Modular and scalable skids are gaining popularity, reducing lead times and offering greater versatility.
• Regional Analysis: North America leads the global chemical skids market, with a 31% share, driven by rising energy demand and oil & gas expansions. Asia-Pacific is expected to experience substantial growth due to increasing energy demand in countries like China and India. The Middle East and Africa are also expected to see steady growth, with countries like Saudi Arabia and the UAE contributing significantly.
• Key Players: The market is highly competitive, with key players such as Milton Roy Company, AES Arabia Ltd, Petronash, Lewa GmbH, and others. These companies focus on product innovation, strategic partnerships, and mergers and acquisitions to expand their market share.

Driving Factors

Growing Demand from the Oil and Gas Industry: The oil and gas sector is one of the biggest users of chemical injection skids. As demand for oil and gas continues to grow globally, so too does that for chemical injection skids.

Global government authorities are placing more and more emphasis on safety and environmental regulations, leading to tightening restrictions on chemical usage in industrial processes. Chemical injection skids offer a safer, greener solution for injecting chemicals, thus meeting regulatory obligations.

Automation Need: Automation in the oil and gas industry is becoming more necessary as it provides precise and efficient control over chemical dosing. Chemical injection skids play an integral role in automating this step, thus improving operational efficiency.

Growing Demand From the Water Treatment Industry: Water treatment is another major consumer of chemical injection skids. Global demand for clean water is increasing, as is the demand for chemical injection skids within this sector.

Restraining Factors

High initial investment: Chemical injection skid setup can take a sizable initial investment, which may discourage some businesses from purchasing these systems.

Volatility in oil and gas prices: The market for chemical injection skids may be impacted by price volatility in the oil and gas sector. Companies may reduce investments, including the acquisition of chemical injection skids, during times of low oil and gas prices.

Increasing competition: The market for chemical injection skids is very competitive, with many companies competing to give a wide range of goods and services. Pricing pressure and smaller profit margins for businesses may result from this.

Growth Opportunities

One major opportunity in the global chemical injection skids market is an increasing need for customized skids that can be tailored to meet the specific requirements of end users. Manufacturers can take advantage of this demand by developing flexible and innovative skids that can handle various chemicals and operate under various operating conditions.

Furthermore, with the growing adoption of automation and IoT technologies within oil & gas operations, manufacturers may develop smart chemical injection skids that can monitor and control the injection process remotely, eliminating manual intervention while increasing operational efficiency.

Another potential opportunity in the global chemical injection skids market is an increasing need for skids that can handle various chemicals, such as corrosives, toxic, and hazardous ones. Manufacturers can capitalize on this demand by designing skids capable of handling multiple substances simultaneously while meeting stringent safety regulations.

Furthermore, with water treatment and wastewater management becoming more prevalent, manufacturers could develop chemical injection skids suitable for use in municipal or industrial water treatment facilities.

Trending Factors

The global chemical injection skids market is experiencing several trends that are shaping its growth and evolution. One major development is the increasing adoption of automation and IoT technologies within oil and gas operations.

Chemical injection skids are essential equipment in this environment, so using automation and IoT technologies can enhance operational efficiency, reduce downtime, and boost safety. Manufacturers are developing smart chemical injection skids that can be remotely monitored and controlled, eliminating manual intervention while increasing reliability.

Another trend in the global chemical injection skids market is an increasing preference for environmentally sustainable solutions. End-users are increasingly focused on reducing their carbon footprint and adopting sustainable practices, so manufacturers are developing chemical injection skids with eco-friendly chemicals and materials, which reduce waste production as well as emissions.

The global chemical injection skids market is witnessing a shift towards modular and scalable skids. Modular skids come with pre-fabricated units that can be quickly assembled and installed, cutting down on lead times and installation expenses. Scalable skids offer greater versatility based on changing needs of end-users; this trend is especially prevalent within oil and gas operations where demand for chemical injection skids may shift depending on production schedules.

Function Analysis

On the basis of function, the market for global chemical injection skids is divided into antifoaming, corrosion inhibition, demulsifying, scale inhibition, and other functions. The corrosion inhibition sector leads the market with a 28.6% market share due it its extensive use in the market for preventing the corrosion of expensive equipment and increasing their endurance.

Chemical injection skids can be utilized to inject corrosion inhibitors into a process stream to protect metal surfaces from corrosion, as corrosion can cause significant damage to equipment and pipelines, requiring costly repairs and downtime.

Chemical injection skids also inject antifoaming agents into the flow stream to prevent foam formation, which is an issue common in oil and gas industries where foam formation reduces efficiency during oil production and processing. These chemical injection skids not only help maintain system performance by preventing foam formation while also lowering costs.

Chemical injection skids can also be employed to inject demulsifiers into a process stream to break down emulsions. Emulsions are common in industries like oil and gas, resulting in reduced efficiency and higher maintenance expenses.

Chemical injection skids for breaking down emulsions can help maintain system performance and cut costs. Furthermore, these chemical injection skids can be utilized to inject scale inhibitors into a process stream to prevent scale formation.

Scaling can occur on surfaces in many industries, such as water treatment and oil and gas, leading to issues like reduced efficiency and higher maintenance costs. Chemical injection skids used to prevent scale formation can help maintain system performance while decreasing operational expenses.

End-User Analysis

Based on end-use industries, the market for chemical injection skids is segmented into oil & gas, energy & power, fertilizer, petrochemical, chemical, water treatment, pharmaceutical, and other end-use industries. The oil and gas segment is dominant in the market with 22% of the market share.

Chemical injection skids are widely employed in the oil and gas industry for various applications such as corrosion inhibition, scale inhibition, and demulsification, as they help in maintaining quality and efficiency levels.

Chemical injection skids are employed in petrochemical plants for applications such as antifoaming and corrosion inhibition. Their function is to guarantee the quality and efficiency of chemical processing operations. Chemical injection skids are widely used in water treatment plants for disinfection and pH adjustment.

They not only maintain the quality of treated water, but they also ensure regulatory compliance. In pharmaceutical manufacturing too, chemical injection skids play an integral role in purification and sterilization processes – guaranteeing both product safety and efficacy.

Key Market Segments:

Based on Function

• Antifoaming
• Corrosion Inhibition
• Demulsifying
• Scale Inhibition
• Others

Based on End-user

• Oil & Gas
• Energy & Power
• Fertilizer
• Petrochemical
• Chemical
• Water Treatment
• Pharmaceutical
• Other End-Use Industries

Regional Analysis

North America is the leading region in the global chemical skids market, accounting for 31% share. Driven by rising energy demand and expansions in oil & gas operations, analysts anticipate that this region’s chemical injection skids market will expand steadily over the coming years. The two countries contributing the most to this industry are the United States and Canada. Due to a developed oil and gas sector, it is anticipated that the European chemical injection skids market will expand at an average pace. The top exporters to this region are Germany, France, Italy, and the United Kingdom.

Due to rising energy demand and the expansion of oil and gas industries in nations such as China, India, and Indonesia, analysts predict substantial growth for the Asia-Pacific chemical injection skids market over the coming years. Given the region’s established oil and gas sector, demand for chemical injection skids in the Middle East and Africa is expected to grow steadily. Major contributors to this industry include Saudi Arabia, United Arab Emirates, and Qatar. With such a developed oil and gas sector in place, analysts anticipate moderate expansion for chemical injection skids over the coming years; three key countries contributing the most are Brazil, Argentina, and Venezuela.

Key Regions and Countries

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

The global chemical injection skids market is highly competitive, with several key players operating within it. These firms prioritize product innovation, strategic partnerships, and mergers and acquisitions to expand their market share. Other key players in the sector include Proserv Group Inc., Weatherford International, SEKO, and others; with demand for chemical injection skids expected to keep growing at an increasing rate, these firms must continue investing in cutting-edge technologies and solutions that satisfy customers’ evolving needs.

Market Key Players

• Milton Roy Company
• AES Arabia Ltd
• Petronash
• Lewa GmbH
• SPX FLOW Inc
• INTECH
• Integrated Flow Solutions LLC
• Petroserve International
• Carotek Inc
• IDEX Corporation
• Proserv UK Ltd
• SEKO SpA
• Other Key Players

Recent Developments

• In 2021: Lewa GmbH partnered with the Spanish engineering and construction company Sener to develop and supply chemical injection packages for a major oil and gas project in Mexico.
• In 2021: SPX FLOW Inc. launched a new range of chemical injection skids, the C Series, which are designed for high-pressure applications in the oil and gas industry. Listed below are some of the most prominent chemical injection skids industry players.

Report Scope