Pune, India -- (SBWIRE) -- 12/15/2018 -- Market Highlights:
Oil & Gas Separator is basically a pressure vessel used for separating a well stream into gaseous and liquid components. They are installed either in an onshore processing station or on an offshore platform. Based on vessel configuration, it is divided into horizontal, vertical & spherical separator. Increasing E&P activities in conventional & unconventional reservoirs in onshore & offshore location along with increased level of water production in tight reservoirs is expected to increase the oil & gas separator market and is expected to register a significant growth of 5% in the next six years.
North America region is a major shareholder of the Oil & gas separator market and expected to retain its majority during the forecast period. Asia-Pacific region is expected to grow at fastest pace during the forecast period.
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Scope of the report:
This study provides an overview of the Oil & gas separator industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Oil & gas separator market based on Technology, Type, & Application.
Competitive landscape
Global oil & gas separators market is highly uneven and competitive due to the presence of several large and medium players active in regional market. The key strategies traced from the analysis of recent developments of the key players include acquisition and expansion, product launch, agreement & partnership. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period.
Industry News
In January 2016, Water Standard, oil and natural gas water treatment company, acquired water and oil separation equipment provider Monarch Separators.
Hence, global Oil & Gas Separators market is estimated to expand at a CAGR of 4.2% by the end of the forecast period.
Key Players:
The leading players in the Oil & gas separator markets are Pall Corporation, ACS Manufacturing, Honeywell International, Unidgo Spa, Hamworthy, Sulzer, FMC Technologies, Alfa Laval, and Andritz.
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Table of content
1 Executive Summary
2 Scope of the Report
Market Definition
Scope of the Study
Research Process
Market size Estimation
Forecast Model
3 Market Landscape
Porter's Five Forces Analysis
Value Chain/Supply Chain Analysis
4 Market Dynamics
To be Continue ....