Global Vapor Recovery Units Market is expected to reach USD 1068.38 Million by 2024 from USD 754.24 Million in 2016 at a CAGR of 5.1 %.
Stringent environmental legislation on VOC led by use of solvents across various industries is mainly driving the vapour recovery units market. Crude oil production and petroleum industry to install vapour recovery units at each plant due to regulations to reduce in hydrocarbon emissions into the atmosphere to improve air quality and operational safety is expected to remain the major driver for growth of the vapour recovery units.Global Vapor Recovery Units Market
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Transportation segment is estimated to be leading the vapour recovery market by end use type led by increasing demand for vapor recovery units from the railcars, truck and pipelines.
Geographically, the vapour recovery units market has been categorized into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Europe is expected to be one of the largest markets for vapour recovery units during the forecast period. This is due to the increasing demand from countries such as the UK, Italy, Germany and Turkey owing to the rising environmental concern over the emission of hazardous gases in the atmosphere.
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Scope of the Report:
Vapor Recovery Units Market, by Application:
• Storage
• Processing
• Transportation
Vapor Recovery Units Market, by End-use Industry:
• Oil & Gas
• Others
Vapor Recovery Units Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Profiled in the Report:
• BORSIG Membrane Technology (Germany)
• Carbovac (France)
• John Zink Company (US)
• Aereon (US)
• SYMEX Technologies (US)
• HY-BON/EDI (US)
• VOCZero (UK)
• Cool Sorption (Denmark)
• Kappa Gi (Italy)
• Kilburn Engineering (India)
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MAJOR TOC OF THE REPORT
Chapter One: Vapor Recovery Units Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Vapor Recovery Units Market Competition, by Players
Chapter Four: Global Vapor Recovery Units Market Size by Regions
Chapter Five: North America Vapor Recovery Units Revenue by Countries
Chapter Six: Europe Vapor Recovery Units Revenue by Countries
Chapter Seven: Asia-Pacific Vapor Recovery Units Revenue by Countries
Chapter Eight: South America Vapor Recovery Units Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Vapor Recovery Units by Countries
Chapter Ten: Global Vapor Recovery Units Market Segment by Type
Chapter Eleven: Global Vapor Recovery Units Market Segment by Application
Chapter Twelve: Global Vapor Recovery Units Market Size Forecast (2019-2026)
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