Glycol Dehydration Unit Market Size, Share 2024

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The global Glycol Dehydration Unit market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.05 billion by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.

The United States Glycol Dehydration Unit market size was valued at US$ 187.3 million in 2024 and is projected to reach US$ 241.6 million by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.

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Glycol dehydration units are process equipment used in natural gas processing to remove water vapor from natural gas streams, preventing hydrate formation and corrosion in pipelines and downstream equipment.

The global Glycol Dehydration Unit market is growing steadily, driven by increasing natural gas production, expanding gas processing infrastructure, and stringent gas quality specifications in end-use markets. In 2023, total unit sales reached 850, with North America and the Middle East accounting for 65% of global demand. Onshore applications remain the largest segment at 70%, while offshore installations are growing at 6% annually.

TEG (triethylene glycol) based units dominate with an 80% market share due to their efficiency and wide operating range. The market saw a 12% increase in demand for modular and skid-mounted units in 2023, reflecting the trend towards flexible and rapidly deployable solutions. Integration of advanced control systems and remote monitoring capabilities grew by 18%, driven by the need for operational efficiency.

The shift towards sour gas processing led to a 10% rise in adoption of corrosion-resistant materials in glycol units. R&D investments in energy-efficient regeneration systems increased by 15% in 2023, focusing on reducing operational costs and environmental impact. The market faces challenges from alternative dehydration technologies, with a 3% shift towards molecular sieve systems observed in some applications. Advancements in heat integration and waste heat recovery improved overall energy efficiency of glycol units by 7% year-over-year.

Report Overview

The growing adoption of gas instead of oil in various end-use industries across the globe has become a key trend. This can be attributed to the less harmful nature of gas as far as the environment is concerned when compared to oil.

This report provides a deep insight into the global Glycol Dehydration Unit market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Glycol Dehydration Unit Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Glycol Dehydration Unit market in any manner.

Global Glycol Dehydration Unit Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Exterran

Schlumberger

Enerflex

Pietro Fiorentinnin

QB Johnson Manufacturing

Frames Group

Axens

KW International

Propak Systems

Alco Group

Croft Production Systems

Nihon Seiki

ALLIA France

Market Segmentation (by Type)

1-60 MSCFD Capacity

60-100 MSCFD Capacity

100-450 MSCFD Capacity

Above 450 MSCFD Capacity

Market Segmentation (by Application)

Natural Gas Well Gathering Units

Refinery Process Units

Chemical Plants

Offshore Gas Production Units

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Glycol Dehydration Unit Market

Overview of the regional outlook of the Glycol Dehydration Unit Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter.

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Table of content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Glycol Dehydration Unit
1.2 Key Market Segments
1.2.1 Glycol Dehydration Unit Segment by Type
1.2.2 Glycol Dehydration Unit Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Glycol Dehydration Unit Market Overview
2.1 Global Market Overview
2.1.1 Global Glycol Dehydration Unit Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Glycol Dehydration Unit Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Glycol Dehydration Unit Market Competitive Landscape
3.1 Global Glycol Dehydration Unit Sales by Manufacturers (2019-2024)
3.2 Global Glycol Dehydration Unit Revenue Market Share by Manufacturers (2019-2024)
3.3 Glycol Dehydration Unit Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Glycol Dehydration Unit Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Glycol Dehydration Unit Sales Sites, Area Served, Product Type
3.6 Glycol Dehydration Unit Market Competitive Situation and Trends
3.6.1 Glycol Dehydration Unit Market Concentration Rate
3.6.2 Global 5 and 10 Largest Glycol Dehydration Unit Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Glycol De

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