Press release
Vapor Recovery Units Market growth set to surge significantly during 2019 and 2027
Vapor Recovery Units Market
A vapor recovery unit (VRU) is a device used for recovery of vapors such as gasoline, natural gas, and other fuels so that they can reused for industrial applications. Vapor recovery units are majorly used in upstream and downstream processes in chemical process industry. Vapor recovery unit uses different methods such as condensation, absorption, adsorption, and membrane separation for vapor recovery. In condensation process, vapors are condensed by lowering temperature. Furthermore, in the U.S., the Environmental Protection Agency (EPA) mandates operators to carry out vapor removal process to control harmful air emissions in natural gas processing plants, natural gas wells, and hydrocarbon storage facilities.
The global vapor recovery units market accounted US$ 520.9 Mn in terms of value and 10,210.8 Units in terms of volume in 2019.
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This report segments the global vapor recovery units market on the basis of technology, application, process, and end-use industry. On the basis of technology, the global vapor recovery units market is segmented into membrane separation, adsorption, absorption, and condensation. On the basis of application, the market is segmented into marine loading, railcar loading, truck loading, pipeline, and storage tank vents. On the basis of process, the market is segmented into upstream and downstream. On the basis of end-use industry, the market is segmented into oil & gas compressors, landfills, brewery and food processing, and others.
Detailed Segmentation:
Global Vapor Recovery Units Market, By Technology:
Membrane Separation
Adsorption
Absorption
Condensation
Global Vapor Recovery Units Market, By Application:
Marine Loading
Railcar Loading
Truck Loading
Pipeline
Storage Tank Vents
Global Vapor Recovery Units Market, By Process:
Upstream
Downstream
Global Vapor Recovery Units Market, By End-use Industry:
Oil & Gas Compressors
Landfills
Brewery and Food Processing
Others
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Key companies covered as a part of this study include John Zink Company, LLC, Hy-Bon/EDI, Whirlwind Methane Recovery Systems LLC, Petrogas Systems, Accel Compression Inc., PSG Dover, Wintek Corporation, AEREON Inc., and Cimarron Energy Inc.
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