According to PersistenceMarketResearch, the global glycol dehydration unit market will witness a CAGR of more than 3% between 2020 and 2030.
Glycol dehydration, in the present scenario, implies using a glycol derivative’s aqueous solution with water-wet gas stream in contractor. Thereafter, glycol solution will be absorbing water from wet gas and glycol sinks to bottom of contractor, whereas natural gas, which is devoid of water content, gets transported out of dehydrator.
Initially, the principal chemical agent used herein was ethylene glycol (HOCH2CH2OH) due to it being hydrophilic. However, technological advancements have compelled the manufacturers to go for aqueous solution (as stated above) in the form of TEG (triethylene glycol) or DEG (diethylene glycol).
At the same time, alternative technologies like “PEEK-Sep membrane technology” from Air Liquide are capable of dehydrating natural gas with low pressure. These factors are likely to restrain the glycol dehydration unit market.
North America holds the largest market share due to majority of glycol dehydration units being installed herein. Europe stands second. However, in future, MEA is the region to be watched out due to investments in Egypt, Nigeria, etc. Of late, Chevron Nigeria Ltd. and Frames Group signed an agreement for supplying glycol dehydration units to the former’s natural gas processing facility in Nigeria. The Asia-Pacific is expected to witness moderate growth going forward.
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The key participants in the glycol dehydration unit market include ALLIA France, Nihon Seiki Co. Ltd., Croft Production Systems Inc., Alco Group, Propak Systems Ltd., KW International, Axens, Frames Group, QB Johnson Manufacturing Inc., Pietro Fiorentini S.p.A., Enerflex Ltd., Schlumberger Ltd., and Exterran Corp.
Alco’s glycol dehydration units have been doing the rounds since the last 4 decades. The company has built more than 2000 units till date. Also, it paves the way for customized units. On the innovations’ front, Axens’ “Progly”, a glycol dehydration process is already creating ripples. It comes across as the one having a vacuum operating mode, that too, of distillation column. Also, shutdown time does not come into picture.