Oil and Gas Separation Equipment Market Trends and Forecast 2016 - 2024

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REPORT DESCRIPTION
Oil and Gas Separation Equipment Market: Overview
Oil and gas separation equipment is a pressure container used for separating a well stream into gaseous and liquid
components. This separator installed either in an onshore processing position or on an offshore location. Based on the
vessel configurations, the oil and gas separators equipment can be divided into spherical, vertical and horizontal
equipment. Gravitation is the most conventional technique used for oil and gas separation and its accessible capacities
fixed with its effective separation and it’s contributed to its growth in this market.
Oil and Gas Separation Equipment Market: Trends and Opportunities
Oil and gas separation equipment market is projected to grow during the forecast period. The rising need of separation
equipment for maintaining an optimum pipeline and fluid quality are expected to drive oil and gas separation equipment
market globally. The separation along with low gas to water and oil to gas ratio in Kuwait conventions and U.S. EPA
regulations also boost the oil and gas separation equipment market.
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In addition, various countries across the world are revving up their exploration and production quality in onshore and
offshore location along with rising levels of water production in tight reserves, which is in turn contributing to the growing
demand for oil and gas separation equipment. Another addition, installation of several on-site and off-site processing
facilities, particularly in Canada, Mexico, Russia and Indonesia is further driving the demand for oil and gas separation
equipment.
However In the oil and gas separation equipment market growing solid handling issues and in high installation cost is
acting as a restraint in the oil and gas separation equipment market. The ongoing technological advancement in the oil
and gas separation equipment industry is acting as an opportunity for the market. In addition, a new innovation which is a
third separation mechanism and it’s called inertial impaction which transpires when a gas passes through a network, such
as fibers and impingement barriers.
Oil and Gas Separation Equipment Market: Segmentation
The oil and gas separation equipment market is segmented in four categories: by types of product, by technology, by
application and by region. By types of product the market can be divided into two phase separators three phase
separators, scrubber and others. In terms of technology, the market can be divided into gravitational separation, and
centrifugal separation among others. In terms of application, the market can be segregated into Onshore, offshore,
Refineries and others.
By geography, the market is divided in four major regions such as North America, Europe, Asia Pacific and Rest of the
world. North America and Europe are the early adopters of technology and hence will occupy majority of the market share.
However, Asia Pacific region is expected to see faster growth during the forecast period due to the presence of developing
nations such as India and China. This growth is attributed to the availability of skilled workforce required to oil and gas
separation equipment market.
Oil and Gas Separation Equipment Market: Competitive Landscape
The key players participating in the oil and gas separation equipment market are Pentair Ltd, GEA Westfalia
Separator Group GmbH, Fjords Processing AS, Enviro Voraxial Technology Inc., FMC Technologies, Inc,
Andritz Group, Honeywell International Inc., ProSep, Inc, Prosernat SA and Seair, Inc. among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data,
and verifiable projections about market size. The projections featured in the report have been derived using proven
research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited to: Regional markets, technology, types, and
applications.
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Oil and Gas Separation Equipment Market: Overview Oil and gas separation equipment is a pressure container used for separating a well stream into gaseous and liquid components. This separator installed either in an onshore processing position or on an offshore location. Based on the vessel configurations, the oil and gas separators equipment can be divided into spherical, vertical and horizontal equipment. Gravitation is the most conventional technique used for oil and gas separation and its accessible capacities fixed with its effective separation and it’s contributed to its growth in this market. View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15707