Chemical Industry Insights By Kunal

 Crude Oil Flow Improvers (COFI) market continues to demonstrate robust expansion, with its valuation reaching USD 1.716 billion in 2024 . According to comprehensive industry analysis, the market is projected to grow at a CAGR of 7.6%, reaching approximately USD 2.829 billion by 2032 . This steady growth is primarily fueled by increasing oil production activities worldwide, alongside the growing complexity of crude oil extraction and transportation operations across both conventional and unconventional reserves. Crude Oil Flow Improvers (COFI) represent a critical component in modern hydrocarbon production, serving as specialized chemical solutions that optimize fluid flow characteristics. These additives effectively address operational challenges including viscosity issues, paraffin deposition, asphaltene aggregation, and hydrate formation across the entire oil production lifecycle. Their importance continues to grow as operators face increasingly complex reservoir conditions w...