Technavio Reports the Introduction of Highly Advanced Separators Will Propel the Global Oil and Gas Separator Market Through 2019
September 1, 2015 | By Business Wire News
LONDON
Technavio has published a new report on the global oil and gas separator market,which is expected to grow at a CAGR of more than 5% from 2015-2019.
About the Report
According to the latest report by Technavio, the increasing demand for oil and gas encourages substantial investments in advanced technologies to optimize refinery operations, thus ensuring high product recovery and financial feasibility.
“The growing demand for oil and gas along with the rise in oil and gas production activities is expected to drive market growth during the forecast period,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the introduction of highly advanced separators such as compact in-line separators and liquid-liquid emulsion separators, and the huge investments made by vendors in R&D to improve the reliability and efficiency of their separators.
“Advances in separator technologies will propel the growth of the global oil and gas separator market during the forecast period and will likely lead to faster ROI for vendors,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global oil and gas separator market from 2015-2019. Market size is calculated using the revenue generated from the sales of separators. The report presents a detailed study of the various technologies, applications, and growth patterns of the market.
Key Information Covered in the Report:
- Key Vendors:
- Alfa Laval
- FMC Technologies
- Frames Energy Systems
- Opus
- Twister
- Market Growth Drivers:
- Increased demand for oil and gas
- For a full detailed list, view our report.
- Market Challenges:
- Political instability
- For a full detailed list, view our report.
- Market Trends:
- Advances in technology
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the oil and gas market:
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150901005618/en/
Technavio Research
Jesse Maida
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com
