Oil Water Separator Market Size, Share, Trends, Competitive Scenario and Segmentation Analysis
Market Definition
The oil water separator is a device that is generally used to separate these effluents from wastewater. The American Petroleum Institute (API) maintains these separators' standards and designs. Separators for oil and water are also utilized in electrical substations. For cooling purposes, transformers in substations use a lot of oil. Channels are built next to the enclosed substations to capture any leaking oil and to keep precipitation out. As a result, oil and water separators make cleaning an oil leak faster and easier.
Global Oil Water Separator Market was valued at USD 8.85 billion in 2021 and is expected to reach USD 12.02 billion by 2029, registering a CAGR of 3.90% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Scope of the Oil Water Separator Market Report:
The oil water separator market is segmented on the basis of type, product, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Above Ground
- Below Ground
- Marine
- API Series-Based Separators
- Enhanced Gravity-Based Separators
- Pressure-Rated Separators
Product
- Mechanical Based
- Chemical Based
- Membrane Based
Technology
- Gravity
- Bioremediation
- Electrochemical
- Centrifugal
- Coalescing
Application
- Industrial
- Marine
- Aerospace
- Power Generation
- Defense
- Others
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Some of the major players operating in the oil water separator market are
- Alfa Laval AB (Sweden)
- Andritz (Austria)
- GEA Group Aktiengesellschaft (Germany)
- SKF (Sweden)
- Siemens (Germany)
- Sulzer Ltd. (Switzerland)
- Parker-Hannifin Corp (U.S.)
- Wärtsilä (Finland)
- Donaldson Company, Inc. (U.S.)
- Schlumberger Limited (U.S.)
- Al Kaafah LLC (UAE)
- HydroFloTech (U.S.)
- Mercer International Inc. (Canada)
- WesTech Engineering, LLC. (U.S.)
- T1Machinery (China)
- RWO (Germany)
- Victor Marine Ltd (UK)
- HSN-KIKAI KOGYO CO., LTD (Japan)
- Enviro Technologies, Inc., (U.S.)
Oil Water Separator Market Regional Analysis/Insights
The Oil Water Separator market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Oil Water Separator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Oil Water Separator within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Oil Water Separator market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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