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Oil & Gas Separation Equipment Market By Product (Two Phase Separators, Three Phase Separators, Degasser, Scrubber, Deliquilizer, Heat Treaters), By Technology (Gravitational Separation, Centrifugal Separation) - Growth, Future Prospects And Competitive Analysis, 2020 - 2027

This report titled “Oil & Gas Separation Equipment Market - Growth, Future Prospects, and Competitive Analysis, 2020 – 2027” offers strategic insights into the trends in oil & gas separation equipment market along with the market size and forecast for the duration 2017 to 2027. The said research study incorporates in-depth analysis of multiple market segments based on product type, technology and geographical distribution.

The global oil & gas separation equipment market is becoming increasingly competitive with growing number of mergers and collaborations between market players to reach full capabilities and gain international footprint. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America and Asia Pacific.

Based on product type, the global oil & gas separation equipment market is categorized into two phase separators, three phase separators, degasser, scrubber, deliquilizer, heat treaters and others. On the basis of technology, the global oil & gas separation equipment market is segmented into gravitational, centrifugal and other technology. In addition, oil producing companies, oil & gas separation equipment manufacturing industries and academic organizations form the major client types for oil & gas separation equipment market. Market size and forecast for all the considered segmentation is presented in this report for the period 2017-2027 (US$ Mn) along with their respective CAGRs for the forecast period 2020-2027 (Value %).

In terms of geographical distribution, the global oil & gas separation equipment is studies for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global oil & gas separation equipment market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Russia
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • Japan
    • China
    • Indonesia
    • Rest of Asia-Pacific
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA
  • Latin America
    • Argentina
    • Brazil
    • Mexico
    • Rest of Latin America

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global oil & gas separation equipment market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of oil & gas separation equipment.

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Based on the technology, the global oil & gas separation market is segmented as follows:

  • Gravitational Separation
  • Centrifugal Separation
  • Others

Oil & Gas Separation Equipment Market

Global oil & gas separation market is categories on the basis of technology. Among technologies, the gravitational separation segment was observed to be the most dominant segment owing to wide adoption of the gravitational separation method due to its effectiveness and lower operating cost. Advancement in technology along with increasing investment in exploration and production especially for the nonconventional shale gas and tight oil along with growth in crude grades produced from various geographies driving the need for the multi fluid phase which in turn is projected to drive the growth of the centrifugal technology segment. The centrifugal technology segment is projected to be the fastest growing segment during the forecast period (2020-2027).

For the purpose of this study, the global oil & gas separation equipment market is categorized into:

  • North America
  • Europe
  • Asia Pacific    
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Oil & Gas Separation Equipment Market

At present, North America is the most dominant regional market for oil & gas separation equipment with increasing E& P activities in the region. According to EIA, shale gas production in U.S. has increased three times since 2011 to reach the volume of 14.6 Bcf/d in 2018. While in 2014, Canada tight oil and shale gas production has reached to 0.4 million bbl/d and 3.9 Bcf/d respectively. Thus, growing E&P activities in the region especially for non-conventional resources is projected to fuel the demand for oil & gas separation equipment in the region. Moreover, growing commercial production of shale gas at Sichuan Basin, China coupled with growing E& P activities in Indonesia, Vietnam and Australia is anticipated to drive the demand for oil & gas separation equipment in Asia Pacific during the forecast period (2020-2027). The region is anticipated to grow at significant rate and projected to gain significant market share in global oil & gas separation equipment by 2027.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Jan 2017
Category:  Oil & Gas
Report ID:   58308
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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