Crude Oil Flow Improvers - COFI Market Report 2025 (Global Edition)

Global Crude Oil Flow Improvers - COFI Market Report 2025 Market Size Split by Type (Paraffin Inhibitors, Scale Inhibitors, Hydrate Inhibitors, Drag Reducing Agents, Asphaltene Inhibitors, Emulsion Br...

Crude Oil Flow Improvers - COFI Market Report Description

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Crude Oil Flow Improvers - COFI Market Insights Video

March 2022

• Baker Hughes and Dussur joined to form a chemical joint venture in Saudi Arabia

Baker Hughes and Dussur, owned by Saudi Arabian Investment Fund, Saudi Aramco, and Saudi Basic Industrial Corporation, signed an agreement to form a joint venture company focused on providing oilfields and industrial chemicals in the Kingdom of Saudi Arabia.

November 2020

• Evonik announced the acquisition of Porocel Group.

One of the top companies in the specialty chemical industry, Evonik, announced the acquisition of the Porocel Group, Houston (USA). The Porocel group is the top manufacturer of specialty absorbents, activated alumina, and support media, and a worldwide innovator in the catalyst service sector.

Top Companies Market Share in Crude Oil Flow Improvers - COFI Industry: (In no particular order of Rank)

• BASF SE
• CLARIANT
• Halliburton Energy Services Inc.
• SLB
• The Lubrizol Corporation
• The Chemours Company
• Infineum International Limited
• WRT BV
• PRODUCTION CHEMICAL GROUP
• Chevron Corporation.
• Berkshire Hathaway Inc.
• Chemours Evonik Industries AG
• Dorf Ketal Chemicals Pvt. Ltd.
• Thermax Limited. Ecolab
• NOV Inc
• Dow
• Tricon Piping Inc.
• Sterling Auxiliaries Private Limited
• Innospec.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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The North American COFI market is expected to grow at the fastest growth rate during the forecast period.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. North America has experienced significant shale oil and gas production growth, particularly in the United States. Shale oil extraction techniques such as hydraulic fracturing result in high viscosity of crude oil. As a result, there is a higher demand for COFI, to enhance the flowability of crude oil. A lower temperature in some regions leads to the formation and hinders the flow of oil. Hence, there is high demand for COFI in the North American region.

The current report Scope analyzes Crude Oil Flow Improvers - COFI Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Crude Oil Flow Improvers - COFI Market Analysis

Paraffin inhibitors are expected to hold the highest market share in the COFI market.

Based on type, the Crude Oil Flow Improver Market is segmented into Paraffin Inhibitors, Scale Inhibitors, Hydrate Inhibitors, Drag Reducing Agents, Asphaltene Inhibitors, Emulsion Breakers, Scale & Corrosion Inhibitors, and others. Paraffin, which is naturally occurring in crude oil, restricts the free flow of crude oil, increasing power consumption, decreasing pump efficiency, and its lifetime. Also, Paraffin waxes are the major component used in oil production but it causes blockage in the oil during transportation in the pipeline. Thus, paraffin inhibitors aid in the prevention of wax deposition on pipelines, wellbores, and during processing. They change the temperature of the wax, improving flow, and are often referred to as pourpoint dispersants or cold flow improvers. Therefore, paraffin inhibitors are used in oil production as a crude oil flow improver to avoid the deposition of paraffin waxes.

• Paraffin Inhibitors
• Scale Inhibitors
• Hydrate Inhibitors
• Drag Reducing Agents
• Asphaltene Inhibitors
• Emulsion Breaker
• Scale & Corrosion Inhibitors
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Crude Oil Flow Improvers - COFI Industry. Request a Free Sample PDF!

The extraction segment accounted for the largest market share in 2022.

Based on application, the COFI market is bifurcated into Extraction, Refinery, Pipeline, and others. Crude oil contains high impurities like asphaltenes, waxes, and other solids that can complicate the flow of crude oil. For efficient transportation, mostly the extraction method is used. COFI is added to the crude oil during extraction to reduce viscosity, prevent wax formation, and disperse the solid particles. The significant volume of crude oil extraction drives the growth of the COFI market.

• Extraction
• Refinery
• Pipeline
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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