Global Oil and Gas Separators Market Trends, Manufacturers, Regional Outlook and Forecast to 2023 by Exterran Corp., Alfa Laval, Honeywell, Pentair plc, Schlumberger, Halliburton, and Suzler Ltd.

The oil & gas separators market is increasing at a rapid pace and is expected to continue to grow at the same pace over the forecast period. Increase in unconventional oil and gas resources, mainly shale gas and oil reserves, will drive the oil and gas separators market. According to MRFR analysis, the global oil & gas separators market is estimated to expand at a CAGR of 4.2% during the estimated period (2017-2023).

Oil and gas separator is a pressure container mainly used for separation of a well stream into gaseous and liquid components. This can either be used while producing oil from onshore or offshore field, or in the refineries to purify production fluids. The working principle of these separators is that gaseous and liquid components have different densities, which permit them to stratify when moved gradually with gas on top, oil in the middle and water at the bottom. The key force is gravity separation that achieves the separation, which means, the lighter fluid rises to the top while the heavier fluid settles to the bottom.

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Oil and Gas Separators Market – Report Segments:

The MRFR analysis is segmented into five key dynamics for enhanced understanding.

By Technology: Gravitational and Centrifugal among others.

By Type: Two-Phase, Three-Phase, Deliquilizers, Scrubbers, and Degassers among others.

By Application: Refineries, Onshore, and Offshore.

By Vessel Configuration: Horizontal, Vertical, and Spherical.

By Regions: North America, Europe, APAC, and the Rest-of-the-world (RoW).

Regional Outlook

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America region dominates the global oil & gas separators market in 2017. Increasing offshore exploration activities in the Gulf of Mexico region drives the growth of the market. Moreover, discovery of multiple shale oil and gas reservoirs also has a positive influence on the growth of the market. U.S is the major market in North America and global oil & gas separators market.

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.

Key Players

The key players of the global oil & gas separators market are Exterran Corp. (U.S.), Alfa Laval (Sweden), Honeywell International Inc. (U.S.), Pentair plc (U.S), Schlumberger Limited (U.S.), and Halliburton Inc. (U.S.). TechnipFMC Plc (U.K), ACS Manufacturing Inc. (U.S.), Suzler Ltd. (Switzerland), and Pall Corporation (India), Frames Group (The Netherlands), and GEA Group AG (Germany) are among others.

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.

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List Of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top Down & Bottom Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Oil & Gas Separators Markets hare, By Technology, 2016 (%)

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