This 120-page report and TOC analyze the market for high-pressure oil and gas separators by vessel type (horizontal, vertical and spherical), application (land and sea) and geographical location (APAC, Europe, MEA, North America and South America) .
NEW YORK,, April 7, 2021 / PRNewswire / – The global market for high-pressure oil and gas separators is expected to grow to $ 134.54 million, showing a CAGR of about 1% during 2020-2024, according to the latest Technavio report. Based on our research, oil and gas equipment and services sector was witness a negative impact due to the widespread COVID-19 pandemic. The report also sheds light on the before and after impact of COVID-19 on businesses.
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The horizontal segment of ships will generate maximum revenue in the high-pressure oil and gas separator market, thanks to increased coastal and in-depth E&P activities. In geographical terms, APAC will represent significant opportunities for suppliers in the market due to the growing energy demand in the region.
High Pressure Oil and Gas Separator Market: Major Growth Drivers
The following factors are expected to be drivers of market growth over the forecast period:
In addition, the report identifies the growth of unconventional oil and gas resources as a major trend in the high-pressure oil and gas separators market. Since 2008, shale oil and gas extraction activities have increased significantly in North America, especially in the United States. This subsequently increased the number of platforms and ancillary equipment, including high-pressure oil and gas separators. Therefore, the growth of unconventional oil and gas resources is expected to stimulate market growth over the forecast period.
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High pressure oil and gas separator market: key supplier offers
Alfa Laval AB: The company offers a LYNX decanter centrifuge, which is a key component in the separation of solids in the fluid for oil, gas and drilling processes, such as barite recovery and oil coating.
CECO Environmental Corp.: The company offers industrial gas filters.
Exterran Corp .: The company offers EinsteinVision® 3.0, a 3D camera system in laparoscopic surgery and a SmartVue® 2D camera platform.
Frames Energy Systems BV: The company offers a wide range of gas purification products for gas separation, gas sweetening, sulfur recovery in small quantities, gas dehydration, dew point control, hydrate inhibition, light hydrocarbon recovery and gas recovery.
GEA Group Aktiengesellschaft: The company offers separators that come in a gas-permeable design with a nitrogen cover for reliable explosion protection (ATEX), for maximum protection and duration of operation of the separator.
Reasons to buy high pressure oil and gas separator market report:
CAGR markets during the forecast period 2020-2024
Detailed information on the factors that will help the growth of the high-pressure oil and gas market in the next five years
Estimation of the market size of high pressure oil and gas separators and its contribution to the home market
Predictions of upcoming trends and changes in consumer behavior
Growth of the market of high-pressure oil and gas separators throughout APAC, Europe, MEA, North America, i south america
Analysis of the competitive market environment and detailed information on suppliers
Comprehensive details of the factors that will drive the growth of high-pressure oil and gas separators market sellers
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