Press release
Oil & Gas Separator Market Size, Share, Statistics, Trends, Business Strategy, Segmentation Analysis and Forecast to 2023
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.
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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.
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.
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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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