The global hydrate inhibitor market was valued at US$ 170.0 Million in 2017 and is anticipated to register a CAGR of 6.9% in terms of revenue, over the forecast period (2017 – 2025) to reach US$ 290.3 million by 2025. 

Hydrate inhibitors are chemical substances or devices that are designed to control the formation of hydrates during the process of natural gas production. Natural gas hydrates are ice-like solids that form when natural gas and free water are combined at low temperature and high pressure. It is formed at a gas or an oil condensate well.

Hydrate inhibitors aid in reducing hydrate plugs and line blockages, which occur due to hydrate formation. Hydrate inhibitors are used where mechanical methods such as insulated flow line and active heating are not feasible.

The market for hydrate inhibitors is expected to exhibit high growth in the near future, owing to increasing demand for natural gas & crude oil. Growth of hydrate inhibitors market is dependent on natural gas consumption as hydrate inhibitors are used to prevent or reduce gas hydrate formation in offshore and onshore production system. According to the International Energy Outlook 2017, U.S. Energy Information Administration, world energy consumption is estimated to increase from 575 quadrillion British thermal units (Btu) in 2015 to 663 quadrillion Btu by 2030. Furthermore, it is estimated to increase to 736 quadrillion Btu by 2040, thereby increasing demand for various energy sources including natural gas.

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The Hydrate Inhibitors Market report provides a comprehensive analysis of key market trends in the Hydrate Inhibitors Market. It also includes a discussion of historical trends, current market conditions, competitive landscape, growth opportunities, and fact-based challenges. The report quantifies the market share held by major players in the industry and provides an in-depth view of the competitive landscape. In terms of revenue (US$) and production, the market size is calculated during the study period along with details about the factors (drivers and constraints) influencing the market growth.

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Major players operating in the Hydrate Inhibitors market are Halliburton, Ashland Global Specialty Chemicals Inc., Ecolab Inc., Baker Hughes Inc., Innospec Inc., JSC Gazprom Neftekhim Salavat, BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SE, Evonik Industries AG, BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>Clariant AG, GasHydrate LLC, and Schlumberger Limited.

This report surveys the Hydrate Inhibitors market and analyzes and surveys development status and forecasts in five different regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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Hence, The research study focuses on key growth opportunities and market trends separately from important market dynamics including market drivers and challenges. With the help of this report, stakeholders will be able to adapt to changes in the Hydrate Inhibitors industry and secure a strong market position in the years to come. The report offers market development statistics, a list of curated key players, in-depth regional analysis, and extensive market segmentation studies to provide a complete understanding of the global Hydrate Inhibitors market. The Global Hydrate Inhibitors Market Report also provides precise intelligence that prepares market players to compete well with their most powerful competitors on the basis of growth, sales, and other important factors.

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