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Global Vapor Recovery Units Market 2018-2022 - Rising Demand Due to Stringent Regulations

Research and Markets
Posted on: 23 Apr 18
Global Vapor Recovery Units Market 2018-2022 - Rising Demand Due to Stringent Regulations

PR Newswire

DUBLIN, April 23, 2018

DUBLIN, April 23, 2018 /PRNewswire/ --

The "Vapor Recovery Units Market by Application (Processing, Storage, and Transportation), End-use Industry (Oil & Gas (Upstream and Downstream), Landfills), and Region (North America, Europe (UK, Germany), Asia Pacific) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The vapor recovery units market is projected to grow from USD 787.5 Million in 2017 to USD 1,007.2 Million by 2022, at a CAGR of 5% from 2017 to 2022. Rising demand for vapor recovery units owing to stringent regulations with respect to VOC emissions across the end-use industries is expected to drive the vapor recovery units market.

The vapor recovery units market has been segmented on the basis of application, end-use industry, and region. On the basis of application, the transportation segment is estimated to lead the vapor recovery units market in 2017, due to rising demand for vapor recovery units from the truck, railcars, and pipelines. Increasing demand for oil & gas products from developing countries such as China and India has also contributed to the growth of the transportation segment in the vapor recovery units market.

Based on end-use industry, the oil & gas segment is estimated to lead the vapor recovery units market in 2017, due to the increasing demand for vapor recovery units from downstream process. Rising demand for emission control systems due to stringent regulations over VOC emissions across the value chain of oil & gas industry is expected to fuel the growth of the oil & gas segment.

The European region is estimated to lead the vapor recovery units market in 2017. Rising demand from countries such as the UK, Germany, Italy, and Turkey, due to the growing concern over the release of hazardous gases in the atmosphere, particularly from oil & gas, chemicals & petrochemicals, and landfill industries has fueled the demand for vapor recovery units in the region. Asia Pacific is expected to witness the highest growth in the vapor recovery units market during the forecast period. The growth can be attributed to increasing demand for vapor recovery units from the region's oil & gas industry, particularly in China and India.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
1.6 Limitations

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Vapor Recovery Units Market
4.2 Vapor Recovery Units Market, By Region
4.3 Vapor Recovery Units Market, By Application and End-Use Industry
4.4 Vapor Recovery Units Market, By Country
4.5 Vapor Recovery Units Market, By End-Use Industry and Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Environmental Regulations for VOC Emissions Will Drive the Demand for Vapor Recovery Units
5.2.2 Restraints
5.2.2.1 High Cost of Installation and Maintenance of Vapor Recovery Units
5.2.3 Opportunities
5.2.3.1 Oil Storage Opportunities in the Middle East & Africa Due to Rising Energy Demand
5.2.4 Challenges
5.2.4.1 Improper Handling and Assembly of Vapor Recovery Units Can Lead to Safety and Environmental Issues
5.3 Value Chain Analysis
5.4 Revenue Pocket Matrix
5.5 Porter's Five Forces Analysis
5.5.1 Bargaining Power of Buyers
5.5.2 Bargaining Power of Suppliers
5.5.3 Threat of New Entrants
5.5.4 Threat of Substitutes
5.5.5 Intensity of Competitive Rivalry
5.6 Macroeconomic Indicators
5.6.1 Oil & Gas
5.7 Environmental Regulations

6 Vapor Recovery Units Market, By Application
6.1 Introduction
6.2 Processing
6.3 Storage
6.4 Transportation

7 Vapor Recovery Units Market, By End-Use Industry
7.1 Introduction
7.2 Oil & Gas
7.2.1 Crude Oil
7.2.2 Liquefied Natural Gas (LNG)
7.2.3 Vapor Recovery Units Market for Oil & Gas, By Process
7.2.3.1 Upstream
7.2.3.2 Downstream
7.3 Others
7.3.1 Landfill
7.3.2 Chemicals & Petrochemicals
7.3.3 Pharmaceuticals

8 Regional Analysis
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 Italy
8.3.4 Turkey
8.3.5 Poland
8.3.6 France
8.3.7 Norway
8.3.8 Spain
8.3.9 Netherlands
8.3.10 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Indonesia
8.4.5 Australia
8.4.6 Thailand
8.4.7 Rest of Asia Pacific
8.5 Middle East & Africa
8.5.1 Iran
8.5.2 Saudi Arabia
8.5.3 South Africa
8.5.4 Nigeria
8.5.5 Iraq
8.5.6 Egypt
8.5.7 UAE
8.5.8 Rest of Middle East & Africa
8.6 Latin America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Venezuela
8.6.4 Colombia
8.6.5 Rest of Latin America

9 Competitive Landscape
9.1 Overview
9.2 Ranking of Key Market Players
9.2.1 Market Ranking Analysis, 2016
9.3 Competitive Scenario
9.3.1 New Product Launches
9.3.2 Acquisitions
9.3.3 Expansions

10 Company Profiles
10.1 Carbovac
10.2 Borsig Membrane Technology
10.3 John Zink Company
10.4 Symex Technologies
10.5 Aereon
10.6 Hy-Bon/EDI
10.7 Cool Sorption
10.8 Voczero
10.9 Zeeco
10.10 Flogistix
10.11 Kappa GI
10.12 Kilburn Engineering
10.13 Other Companies in the Vapor Recovery Units Market
10.13.1 S&S Technical
10.13.2 Platinum Vapor Control
10.13.3 Whirlwind Methane Recovery Systems
10.13.4 Cimarron Energy
10.13.5 OTA Compression
10.13.6 Flotech Performance Systems
10.13.7 PSG
10.13.8 Unimac
10.13.9 Power Service
10.13.10 Prematecnica De Mexico
10.13.11 Petrogas Systems
10.13.12 AQT (Advanced Quality Technologies)
10.13.13 Warner Nicholson Engineering Consultants (WNEC)

For more information about this report visit https://www.researchandmarkets.com/research/8x7xfq/global_vapor?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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Last updated on: 23/04/2018

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