High Pressure Oil and Gas Separator Market Size to Grow at a Steady Rate During Forecast Period (2017-2027)
High Pressure Oil and Gas Separator Market: Dynamics
Growth in unconventional oil and gas resources, particularly shale gas and oil reserves, will drive the market for high pressure oil and gas separators. Moreover, installation of off-site and on-site processing facilities is also expected to boost the demand for high pressure oil and gas separators.
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However, tumbling global crude oil prices and unpredictability of the oil and gas industry has led to a reduction in exploration, drilling and production activities. Hence, these factors are anticipated to hamper the market for high pressure oil and gas separators over the forecast period.
High Pressure Oil and Gas Separator Market: Segmentation
On the basis of vessel type, the global high pressure oil and gas separator market is segmented into the following:
On the basis of product type, the global high pressure oil and gas separator market is segmented into the following:
On the basis of application, the global high pressure oil and gas separator market is segmented into the following:
High Pressure Oil and Gas Separator Market: Regional Outlook
In terms of geography, North America accounts for the significant market share among all other regions in the high pressure oil and gas separator market and is expected to dominate over the coming years. The market for high pressure oil and gas separators is on the rise, mainly in the U.S., due to the discovery of multiple reservoirs of shale oil and gas and rising offshore exploration activities in the region. Additionally, it has been estimated that North America is likely to remain predominant due to the high production of shale oil and gas from existing reservoirs. TheAsia-Pacific region is also expected to register high growth in the high pressure oil & gas separator market because of the rising exploration and production activities in countries, such as China, Indonesia, Malaysia, India, Vietnam, etc.
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High Pressure Oil and Gas Separator: Market Participants
Examples of some of the key market participants identified across the value chain of global high pressure oil and gas separator market include:
Frames Energy Systems
ACS Manufacturing, Inc.
HAT International Ltd
Kirk Process Solutions
Peerless Europe Limited
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