Crude Oil Flow Improvers Market Size, Share, and Growth Analysis

Crude Oil Flow Improvers Market By Product Type (Paraffin Inhibitors), By Application (Extraction, Refinery), By Region -Industry Forecast 2025-2032


Report ID: SQMIG15A2474 | Region: Global | Published Date: January, 2025
Pages: 187 |Tables: 64 |Figures: 74

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Crude Oil Flow Improvers Market Insights

Global Crude Oil Flow Improvers Market size was valued at USD 1.79 Billion in 2023 and is poised to grow from USD 1.89 Billion in 2024 to USD 2.9 Billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

Surging demand for crude oil and rising investments in the oil & gas industry are projected to primarily augment the sales of crude oil flow improvers going forward. Rapid urbanization and industrialization around the world are also boosting the demand for energy thereby resulting in high crude oil flow improver demand. Expansion of pipeline infrastructure to facilitate better transportation and supply of crude oil is also slated to favor the global crude oil flow improvers market growth in the long run. Imposition of stringent environmental regulations to curb emissions from the oil & gas industry is also estimated to bolster the sales of crude oil flow improvers in the future. On the contrary, fluctuations in crude oil pricing, high costs of specialty flow improvers, dependence on crude oil production, and rising popularity of sustainable fuels coupled with shift toward renewable energy solutions are slated to hamper the adoption of crude oil flow improvers across the study period and beyond.

Market snapshot - (2025-2032)

Global Market Size

USD 1.79 Billion

Largest Segment

Extraction

Fastest Growth

Refinery

Growth Rate

5.5% CAGR

Global Crude Oil Flow Improvers Market ($ Bn)
Country Share for North America Region (%)

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Crude Oil Flow Improvers Market Segments Analysis

Global crude oil flow improvers market is segmented by product, application, and region. Based on product, the market is segmented into paraffin inhibitors, asphaltene inhibitors, scale inhibitors, and hydrate inhibitors. Based on application, the market is segmented into extraction, transportation, and refinery. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & and Africa.

Analysis by Product

Paraffin inhibitors are forecasted to account for a major chunk of the global crude oil flow improvers market share in the future. These products are essential in the reduction of wax deposition in crude oil production and supply infrastructure, which allows them to maintain a dominant stance. The ability of paraffin inhibitors to reduce the viscosity of crude oil is also expected to help this segment bring in more revenue in the future. Paraffin inhibitors can also help crude oil facilities to improve their production capabilities and also reduce their downtime to maximize profitability for organizations.

Meanwhile, the demand for asphaltene inhibitors is slated to rise at an impressive CAGR over the coming years. High temperature stability and compliance with global crude oil regulations are estimated to boost the adoption of asphaltene inhibitors in the long run. Asphaltene inhibitors also play a crucial role in reducing deposits in crude oil equipment and pipelines to reduce the need for maintenance. These inhibitors are expected to witness a robust hike in demand for upstream and offshore oil & gas applications going forward. Oil & gas companies can also improve rheology using asphaltene inhibitors in the future.

Analysis by Application

Extraction is forecasted to account for a dominant share of the global crude oil flow improvers industry in the future. Growing emphasis on maximization of efficiency in oil & gas extraction activities is projected to bolster the adoption of crude oil flow improvers in this segment going forward. Reduced risk of flow disruptions and enhanced efficiency of overall oil production process can be achieved by opting for crude oil flow improvers. Increase in hydraulic fracturing operations around the world are also estimated to further cement the dominance of this segment in the long run. Efforts to reduce energy consumption and emissions in oil extraction process are also slated to favor the sales of crude oil flow improvers through 2032.

On the other hand, the demand for crude oil flow improvers in refinery applications is slated to hold the second-largest global crude oil flow improvers market share going forward. Growing emphasis on maintaining the integrity of refinery assets to reduce risk of damage and downtime is slated to bolster the adoption of crude oil flow improvers in this segment. Efforts to reduce operational costs of refineries and reduce the risk of blockages in pipelines are also expected to boost the sales of crude oil flow improvers in refineries through 2032. Use of crude oil flow improvers also reduces the need for additional energy required to artificially lift crude oil for surface boosting, pipeline distribution, and processing in refineries.

Global Crude Oil Flow Improvers Market By Application

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Crude Oil Flow Improvers Market Regional Insights

North America is expected to emerge as the dominant market in the global crude oil flow improvers industry over the coming years. The presence of leading oil & gas companies, growing investments in novel oil & gas exploration activities, and surging demand for crude oil are key factors promoting sales of crude oil flow improvers in this region. Rising adoption of hydraulic fracturing and horizontal drilling for crude oil extraction and production is also estimated to favor the demand for crude oil flow improvers in North America. Canada and the United States are estimated to remain highly attractive markets for crude oil flow improvers companies looking to make a mark in the North American region through 2032.

The Asia Pacific region is projected to emerge as the fastest expanding market for crude oil flow improver suppliers in the world. High investments in crude oil production, growing emphasis on new oil & gas exploration, and efforts to reduce emissions from the oil & gas industry are slated to create new opportunities in this region. Rapid industrialization and urbanization in countries such as India, China, and Japan are also forecasted to boost the adoption of crude oil flow improvers in the Asia Pacific region going forward. Booming economic growth and high demand for energy are also slated to bolster the demand for crude oil flow improvers in this region across the study period.

Global Crude Oil Flow Improvers Market By Region
  • Largest
  • Fastest

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Crude Oil Flow Improvers Market Dynamics

Drivers

Increase in Oil & Gas Exploration

  • Increasing demand for energy around the world owing to rapid urbanization and industrialization has resulted in significant investments in oil & gas exploration activities. Efforts to improve oil production from offshore and unconventional reserves such as shale oil are estimated to bolster the global crude oil flow improvers market outlook in the long run.

Expansion of Pipeline Infrastructure

  • Growing pipeline networks and pipeline infrastructure development in emerging markets and oil-rich regions for crude oil transportation is also expected to bolster the sales of crude oil flow improvers over the coming years. Crude oil flow improvers play a crucial role in optimizing flow and pipeline efficiency along with reducing maintenance costs for pipeline infrastructure going forward.

Restraints

High Costs of Specialty Flow Improvers

  • Specialty flow improvers that are used for specific and unconventional applications are gaining massive popularity on a global level. However, the high costs of these specialty crude oil flow improvers acts as a major barrier for the global crude oil flow improvers industry development, especially in price sensitive markets and organizations with limited budgets.

Fluctuations in Crude Oil Pricing

  • The demand for crude oil flow improvers is directly proportional to the demand for crude oil. However, crude oil is subject to some of the highest volatility in pricing and availability amongst all different kinds of commodities. Economic downturns and fluctuating profit margins are key issues caused for crude oil flow improvers companies by this restraint in the long run.

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Crude Oil Flow Improvers Market Competitive Landscape

Crude oil flow improver companies should invest in the development of bio-based products to comply with sustainability trend. Targeting oil & gas companies opting for unconventional oil extraction and production methods can also help market players enhance their business scope in the long run. North America, the Middle East and Africa, and the Asia Pacific are the most opportune regions for suppliers of crude oil flow improvers as per this global crude oil flow improvers market forecast.

Top Players in Crude Oil Flow Improvers Market

  • Halliburton Energy Services, Inc. (U.S.)
  • BASF SE (Germany)
  • SLB (U.S.)
  • CLARIANT (Switzerland)
  • Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
  • The Lubrizol Corporation (U.S.)
  • Infineum International Limited (U.K.)
  • WRT BV (Netherlands)
  • PRODUCTION CHEMICAL GROUP (U.K.)
  • Berkshire Hathaway Inc. (U.S.)
  • Thermax Limited. (India)
  • Ecolab (U.S.), Evonik Industries AG (Germany)
  • NOV Inc (U.S.)
  • Dow (U.S.)
  • Innospec (U.S.)
  • Sterling Auxiliaries Private Limited (India)
  • Tricon Piping, Inc. (U.S.)
  • Chevron Corporation. (U.S.)
  • The Chemours Company, Chemours (U.S.)

Recent Developments

  • In May 2024, BASF, a leading multinational European chemical company announced its plans to expand the global production capacity of its Basoflux range of paraffin inhibitors at its Tarragona, Spain, location. The company aims to expand its revenue generation potential through this move.
  • In May 2024, The Nigerian National Petroleum Company Limited (NNPCL), Energy Services Limited (EnServ), and Schlumberger (SLB) came together to sign a partnership agreement focusing on strengthening their upstream operations. This collaboration is also expected to favor the adoption of crude oil flow improvers in upstream operations of all partners involved.

Crude Oil Flow Improvers Key Market Trends

Crude Oil Flow Improvers Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, expansion of pipeline infrastructure and growing oil & gas exploration activities are projected to drive crude oil flow improvers market development in the future. On the contrary, volatility in crude oil pricing and high costs of specialty flow improvers are expected to impede the sales of crude oil flow improvers across the study period and beyond. Presence of an established oil & gas industry and rising investments in exploration activities are helping North America emerge as a dominant regional market for crude oil flow improver providers. Development of bio-based flow improvers and use of crude oil flow improvers in unconventional oil production methods can help market players expand their business potential across the study period and beyond.

Report Metric Details
Market size value in 2023 USD 1.79 Billion
Market size value in 2032 USD 2.9 Billion
Growth Rate 5.5%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Paraffin Inhibitors, Asphaltene Inhibitors, Scale Inhibitors, Hydrate Inhibitors
  • Application
    • Extraction, Transportation, Refinery
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Halliburton Energy Services, Inc. (U.S.)
  • BASF SE (Germany)
  • SLB (U.S.)
  • CLARIANT (Switzerland)
  • Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
  • The Lubrizol Corporation (U.S.)
  • Infineum International Limited (U.K.)
  • WRT BV (Netherlands)
  • PRODUCTION CHEMICAL GROUP (U.K.)
  • Berkshire Hathaway Inc. (U.S.)
  • Thermax Limited. (India)
  • Ecolab (U.S.), Evonik Industries AG (Germany)
  • NOV Inc (U.S.)
  • Dow (U.S.)
  • Innospec (U.S.)
  • Sterling Auxiliaries Private Limited (India)
  • Tricon Piping, Inc. (U.S.)
  • Chevron Corporation. (U.S.)
  • The Chemours Company, Chemours (U.S.)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Crude Oil Flow Improvers Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Crude Oil Flow Improvers Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Crude Oil Flow Improvers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Crude Oil Flow Improvers Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Crude Oil Flow Improvers Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Crude Oil Flow Improvers Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Crude Oil Flow Improvers Market size was valued at USD 1.79 Billion in 2023 and is poised to grow from USD 1.89 Billion in 2024 to USD 2.9 Billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

Crude oil flow improver companies should invest in the development of bio-based products to comply with sustainability trend. Targeting oil & gas companies opting for unconventional oil extraction and production methods can also help market players enhance their business scope in the long run. North America, the Middle East and Africa, and the Asia Pacific are the most opportune regions for suppliers of crude oil flow improvers as per this global crude oil flow improvers market forecast. 'Halliburton Energy Services, Inc. (U.S.)', 'BASF SE (Germany)', 'SLB (U.S.)', 'CLARIANT (Switzerland)', 'Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)', 'The Lubrizol Corporation (U.S.)', 'Infineum International Limited (U.K.)', 'WRT BV (Netherlands)', 'PRODUCTION CHEMICAL GROUP (U.K.)', 'Berkshire Hathaway Inc. (U.S.)', 'Thermax Limited. (India)', 'Ecolab (U.S.), Evonik Industries AG (Germany)', 'NOV Inc (U.S.)', 'Dow (U.S.)', 'Innospec (U.S.)', 'Sterling Auxiliaries Private Limited (India)', 'Tricon Piping, Inc. (U.S.)', 'Chevron Corporation. (U.S.)', 'The Chemours Company, Chemours (U.S.)'

Increasing demand for energy around the world owing to rapid urbanization and industrialization has resulted in significant investments in oil & gas exploration activities. Efforts to improve oil production from offshore and unconventional reserves such as shale oil are estimated to bolster the global crude oil flow improvers market outlook in the long run.

Development of Bio-Based Flow Improvers: Crude oil flow improver providers should invest in the development of bio-based flow improvers to enhance sustainability of the oil & gas industry. Bans on use of toxic chemicals and imposition of stringent regulations to promote sustainability in oil & gas operations are slated to make this an indispensable crude oil flow improvers market trend in the long run.

North America is expected to emerge as the dominant market in the global crude oil flow improvers industry over the coming years. The presence of leading oil & gas companies, growing investments in novel oil & gas exploration activities, and surging demand for crude oil are key factors promoting sales of crude oil flow improvers in this region. Rising adoption of hydraulic fracturing and horizontal drilling for crude oil extraction and production is also estimated to favor the demand for crude oil flow improvers in North America. Canada and the United States are estimated to remain highly attractive markets for crude oil flow improvers companies looking to make a mark in the North American region through 2032.

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