Increasing exploration and production, coupled with stringent regulations regarding pipeline specific processed fluids are expected to drive industry demand. Installation of several on-site and off-site processing facilities, particularly in Canada, Mexico, Russia and Indonesia has seen a surge in separation equipment demand in recent times.
Global Oil & Gas Separation Equipment Market size is expected to reach USD 8.82 billion by 2022, according to a new report by Grand View Research, Inc.
Technology innovation to manage complex processing setbacks adhering to international standards coupled with all the aforementioned factors are expected to drive global oil & gas separation equipment industry.
Three-phase separators emerged as the highest grossing product segment and accounted for 40.8% of total revenue in 2014. The segment is also anticipated to witness the fastest growth over the next seven years owing to added advantages in terms of optimum pressure and liquid sealing.
To Know More About Oil & Gas Separation Equipment Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/global-oil-gas-separation-equipment-market
Large number of existing as well as upcoming installations of this equipment coupled with multi-applicability of these separators in offshore, onshore, refineries and gas processing facilities may be attributed for their high demand.
Top Players of Oil & Gas Separation Equipment Market:
Major companies operating in global oil & gas separation equipment industry include Alfa Laval, Worthington Industries, Amacs, Fenix Process Technologies, ACS Manufacturing Inc., Burgess-Manning, Inc, Honeywell, and Godrej Process Equipment.
Market Segmentation of Oil & Gas Separation Equipment Market:
The Global Oil & Gas Separation Equipment Market on the basis of Product and Region.
By Product:
Two Phase Separators
Three Phase separators
Degasser
Scrubber
Deliquilizer
Heat Treaters
By Region:
North America
Europe
Asia Pacific
Middle East & Africa (MEA)
Central & South America (CSA)
Inquire about Oil & Gas Separation Equipment Market with Our Experts @ http://bit.ly/2xqRtAm
Global Oil & Gas Separation Equipment Market size is expected to reach USD 8.82 billion by 2022, according to a new report by Grand View Research, Inc.
Technology innovation to manage complex processing setbacks adhering to international standards coupled with all the aforementioned factors are expected to drive global oil & gas separation equipment industry.
Three-phase separators emerged as the highest grossing product segment and accounted for 40.8% of total revenue in 2014. The segment is also anticipated to witness the fastest growth over the next seven years owing to added advantages in terms of optimum pressure and liquid sealing.
To Know More About Oil & Gas Separation Equipment Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/global-oil-gas-separation-equipment-market
Large number of existing as well as upcoming installations of this equipment coupled with multi-applicability of these separators in offshore, onshore, refineries and gas processing facilities may be attributed for their high demand.
Top Players of Oil & Gas Separation Equipment Market:
Major companies operating in global oil & gas separation equipment industry include Alfa Laval, Worthington Industries, Amacs, Fenix Process Technologies, ACS Manufacturing Inc., Burgess-Manning, Inc, Honeywell, and Godrej Process Equipment.
Market Segmentation of Oil & Gas Separation Equipment Market:
The Global Oil & Gas Separation Equipment Market on the basis of Product and Region.
By Product:
Two Phase Separators
Three Phase separators
Degasser
Scrubber
Deliquilizer
Heat Treaters
By Region:
North America
Europe
Asia Pacific
Middle East & Africa (MEA)
Central & South America (CSA)
Inquire about Oil & Gas Separation Equipment Market with Our Experts @ http://bit.ly/2xqRtAm
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