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The Oil Water Separator Market (OWSM) - A Global Overview

09-01-2022 10:59 AM CET | Industry, Real Estate & Construction

Press release from: MarketsandMarkets™

/ PR Agency: MNM
The Oil Water Separator Market (OWSM) - A Global Overview

Oil Water Separators (OWS), also called oil/water separators, are key equipment for the industry as it removes water from oil streams in order to produce high quality petroleum products. Currently, the global market for this market is in a state of transition and companies need to take an active role in adopting new technologies and improving their profitability.

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Introduction to the Oil Water Separator Market

The oil water separator market is a global industry that is responsible for the separation of oil and water mixtures. This market is segmented by technology, by application, and by geography. The technologies used in this market include physical separation, chemical separation, and membrane separation. The applications of this market include wastewater treatment, stormwater treatment, and oil spill cleanup. The geographical regions that are covered in this market include North America, Europe, Asia-Pacific, and Rest of the World.

The oil water separator market has been growing at a steady pace over the past few years. This can be attributed to the increasing environmental regulations that are being imposed by governments around the world. In addition, the rising awareness about the importance of water conservation has also been playing a role in driving the growth of this market.

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One of the key trends that is being observed in this market is the increasing adoption of membrane separation technology. This technology is gaining popularity due to its ability to provide efficient and cost-effective separation of oil and water mixtures.

The major players operating in this market include Alfa Laval AB, Schlumberger Limited, Dow Chemical Company, Baker Hughes Incorporated, and Halliburton Company.

The Market's History and Current Trends

The oil water separator market has a long and storied history, dating back to the early days of the petroleum industry. In the early days of oil production, crude oil was often mixed with water, making it difficult to transport and refine. Separating the two components was a critical step in the early days of the industry.

Today, the oil water separator market is still an important part of the petroleum industry. While the technology has changed and improved over the years, the basic principle remains the same: to separate oil and water so that each can be properly processed.

The oil water separator market is currently undergoing something of a renaissance. New technologies are emerging that are more effective and efficient than ever before. At the same time, stricter environmental regulations are driving demand for better separation solutions. As a result, the market is expected to grow significantly in the coming years.

If you're involved in the petroleum industry, or are looking for an opportunity to get involved, now is a great time to keep an eye on the oil water separator market.

Global Market Segmentation Overview

The global oil water separator market is segmented on the basis of type, application, and geography.

On the basis of type, the global oil water separator market is classified into mechanical oil water separators, chemical oil water separators, and others. Mechanical oil water separators are further classified into skimmers, disc separators, and centrifugal separators. Chemical oil water separators are further classified into coalescing plate packs and activated carbon filters.

On the basis of application, the global oil water separator market is classified into offshore drilling, marine transportation, municipal wastewater treatment, industrial wastewater treatment, and others. The offshore drilling application segment includes top drive systems, mud pumps, drawworks, and rotary tables. The marine transportation application segment includes cargo tank cleaning operations and bilge & ballast water treatment. Municipal wastewater treatment plants use oil water separators to remove free oils and grease from wastewater before it enters the plant's secondary treatment process. Industrial wastewater treatment plants use oil water separators to remove oils and greases from a variety of manufacturing processes including metal working fluids (coolants & lubricants), food processing (oils & fats), petrochemical refining (oils & t

Key Growth Factors in this Industry

The Oil Water Separator Market is expected to grow at a CAGR of around 5% during the forecast period. The major factors driving the growth of this market are the increasing demand for oil & gas, and the need for water treatment in various industries.

The oil water separator market is segmented based on type, application, and geography. Based on type, the market is classified into vertical, horizontal, and others. Based on application, the market is divided into offshore, onshore, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

The key players operating in the market include Alfa Laval AB (Sweden), Schlumberger Limited (U.S.), General Electric Company (U.S.), Eaton Corporation PLC (Ireland), Fluid Equipment Development Company, Inc. (U.S.), Dover Corporation (U.S.), and FMC Technologies, Inc. (U.S.).

The Major Players in the Industry

The oil water separator market is a highly competitive one with a large number of players. Some of the major players in the industry are as follows:

1. GE - GE is a leading player in the oil water separator market with a strong portfolio of products and solutions. The company has a wide range of oil water separators suitable for various applications and industries.

2. Alfa Laval - Alfa Laval is another leading player in the oil water separator market with a wide range of products. The company offers both standard and custom-built oil water separators.

3. Flottweg - Flottweg is a leading manufacturer of oil water separators. The company offers a wide range of products, including both standard and custom-built units.

4. Siemens - Siemens is a leading player in the oil water separator market with a strong portfolio of products and solutions. The company has a wide range of oil water separators suitable for various applications and industries.

5. Eaton - Eaton is another leading player in the oil water separator market with a wide range of products. The company offers both standard and custom-built units.

The Future of the OWS Market

The oil water separator market is expected to grow significantly in the next few years. This is due to the increasing demand for clean water and the need to protect the environment from oil spills. The market is also driven by the stringent regulations regarding oil spill prevention and control.

There are a number of factors that are driving the growth of the OWS market. These include the increasing demand for clean water, the need to protect the environment from oil spills, and the stringent regulations regarding oil spill prevention and control. The market is also driven by the advances in technology that have led to more efficient and effective OWS systems.

The future of the OWS market looks very promising. The market is expected to grow at a rapid pace in the next few years. This growth will be driven by the increasing demand for clean water, the need to protect the environment from oil spills, and the stringent regulations regarding oil spill prevention and control.

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Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062

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