Oil and Gas Separation Market
Oil and Gas Separation Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0514
Segments Covered
By
Type Gravitational Separation, Centrifugal Separation, Others
-
By
Vessel Type Horizontal, Vertical, Spherical
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.1 Billion |
 Revenue 2028:
|
2.18 Billion |
 Revenue CAGR
(2021 - 2028): |
8.93 |
Fastest Growing Region (2022 -
2028)
|
Middle-East and Africa |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview On the basis of Type,
the market is segmented into Gravitational Separation, Centrifugal Separation, Others. Gravitational Separation held the highest
share in the global Oil and Gas Separation market and
is projected to witness the same trend during the forecast period. Vessel Type Analysis:
Preview Based on Vessel Type,
the market is segmented into Horizontal, Vertical, Spherical. Vertical accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Analysis:
Preview
Based
on , the market is segmented into .
dominates the global Oil and Gas Separation
market and is expected to continue the same trend from 2021 to 2028.
Global Oil and Gas Separation Market: Type Segment Analysis
-
- Gravitational Separation
- Centrifugal Separation
- Others
Global Oil and Gas Separation Market: Vessel Type Segment Analysis
-
- Horizontal
- Vertical
- Spherical
FAQ
Frequently Asked Question
What is the global demand for Oil and Gas Separation in terms of revenue?
-
The global Oil and Gas Separation valued at 1.1 Billion in 2020 and is expected to reach 2.18 Billion in 2028 growing at a CAGR of 8.93%.
Which are the prominent players in the market?
-
The prominent players in the market are Honeywell International Inc., TechnipFMC Plc, Fjords Processing AS, Exterran Corp, Seair Inc, Enviro Voraxial, Technology Inc., Alfa Laval, Frames Group, Schlumberger Limited, Andritz Group, FMC Technologies Inc, GEA Westfalia Separator Group GmbH, Halliburton Inc., ACS Manufacturing Inc., Pentair Ltd, Prosernat SA, Suzler Ltd., ProSep Inc, Pall Corporation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.93% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Oil and Gas Separation include
- The economic development in both developed as well as developing nations coupled with rise in incomes have resulted in growing demand for energy all ove. For meeting these rapidly escalating demand, there has been a rise in number of exploratory activities for conventional as non-conventional energy resources.
- The high production of shale gas as well as oil is also boosting the demand for oil and gas separators. In addition to this, the governments of various countries is exploring sustainable options of oil extraction, which is driving market growth.
Which region accounted for the largest share in the market?
-
Middle-East and Africa was the leading regional segment of the Oil and Gas Separation in 2020.
