The Oil Water Separator Global Market Report 2023, provides comprehensive information on the oil water separator market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Oil Water Separator Global Market Report 2023, the global oil water separator market size is expected to grow from $8.41 billion in 2022 to $8.88 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global oil water separator market size is expected to reach $10.61 billion in 2027 at a CAGR of 4.5%.
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Product innovation is the key trend gaining popularity in the oil-water separator market. Major companies operating in the oil-water separator market are focused on developing innovative products to strengthen their position in the market. For instance, in September 2022, Walker Filtration, a UK-based manufacturer in the development and production of compressed air, oil, gas, and vacuum purification technologies, launched the SmartSep Oil Water Separator, specially designed for condensate processing. The SmartSep Oil-Water Separator refines hydrocarbon condensate for safe disposal using futuristic filtering and sensing technologies. The SmartSep, which comes with organoclay filter cartridges and easy-to-change polypropylene bags, may produce an oil trace as low as 5 ppm. The device’s innovative design adapts to the diverse flows and climates of compressed air production systems. SmartSep’s sophisticated technology delivers excellent filtering to safeguard the environment and assures clean condensate that is suitable for disposal.
The oil water separator market is segmented:
1) By Type: Above Ground, Below Ground, Marine, API Series-Based Separators, Enhanced Gravity-Based Separators, Pressure-Rated Separators
2) By Technology: Gravity, Bioremediation, Electrochemical, Centrifugal, Coalescing
3) By Application: Industrial, Marine, Aerospace, Power Generation, Defense, Other Applications
Europe was the largest region in the oil water separator market in 2022.
The table of contents in TBRC’s oil water separator market report includes:
- Executive Summary
- Oil Water Separator Market Characteristics
- Oil Water Separator Market Trends And Strategies
- Oil Water Separator Market – Macro Economic Scenario
- Oil Water Separator Market Size And Growth
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- Africa Oil Water Separator Market
- Oil Water Separator Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Oil Water Separator Market
- Oil Water Separator Market Future Outlook and Potential Analysis
- Appendix
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