Forecast 2017 - 2025 “Volatile Organic Compounds Recovery System” Market - Global Industry Analysis, Size, Share, Growth, Trend
Press
Release - 09 April 2018
Global
Research and Development News
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Report
Description-
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Volatile organic compounds are lighter
compounds of crude, which get evaporated during loading operations or
when carrying high-volatility crude. The vapor in the cargo needs to
be vented out into the atmosphere to restrict any pressures in the
tank, which could reach dangerous limits. Volatile organic compounds
needs to be recovered and emitted into the atmosphere in large
volumes during the loading of oil shuttle tankers from the oil field.
The recovery of these volatile organic compounds are done with the
help of system known as volatile organic compounds recovery systems.
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The volatile organic compounds recovery
system market can be segmented based on processes to recover volatile
organic compounds, application, and region. Based on process, the
volatile organic compounds recovery system market is segmented into
volatile organic compounds re-absorption and volatile organic
compounds reliquefaction. The volatile organic compounds
re-absorption process separates the volatile organic compounds and
the vapor returns back to the cargo.
The volatile organic compounds
reliquefaction process utilizes coolant, refrigeration units, and
preheating techniques to recover volatile organic compounds. Volatile
organic compounds recovery systems are employed in gas recovery in
the oil & gas fields. They are used at crude oil shipping
terminals and in gas stations. Volatile organic compounds recovery
systems are also utilized, to a lesser extent for industrial
purposes.
Benefits of utilizing volatile organic compounds
recovery systems are that volatile organic compounds, if recovered
systematically, can be reused, which saves money. Volatile organic
compounds recovery systems are likely to restrict emission of harmful
gases in the environment when used efficiently. Thus, these systems
have compelling advantages over alternative recovery methods such as
low temperature condensation or carbon adsorption for industrial
purposes.
In terms of region, countries in the Middle East
such as Saudi Arabia, Qatar, Kuwait, and U.A.E are leading the
volatile organic compounds recovery system market due to increased
oil & gas activities in the region. North America is emerging in
the global market for volatile organic compounds recovery system due
to the recent discovery of new oil & gas fields in the region.
Countries in Asia Pacific such as India, China, and Japan are also
anticipated to present growth opportunities for the volatile organic
compounds recovery system market due to the increased demand for
energy. Countries in Europe such as the U.K., Norway, and Sweden have
increased their oil and gas activities, which in turn is likely to
boost the volatile organic compounds recovery system market are
expected to grow. In Latin America, Mexico is projected to witness an
increase in demand for volatile organic compounds recovery systems
due its large investments in the Gulf of Mexico for oil & gas
exploration activities. Africa is also estimated to witness an
increase in demand for volatile organic compounds recovery systems.
Key market players operating in the volatile
organic compounds recovery system market are Wartsila, JX Nippon Oil
& Energy, Anguil Environmental Systems, Inc., MTN Inc., and
Statoil.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/volatile-organic-compounds-recovery-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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