Published Date : 30 Jan 20 | Views: 71 | Industry : Machinery & Equipment
Increasing Usage of Oil Coalescing Separators to Foster the Growth of the Oil & Gas Segment
The application segment of the market is divided into Water Treatment, General Industry, Oil & Gas, and Others. Oil coalescing separators are largely used to remove diesel, gasoline, and non-emulsified oil in Oil & Gas industry. They are used for periodic removal of solid effluents from water to provide clean water, which is likely to foster the growth of the Oil & Gas segment.
The product segment of the market is divided into Centrifugal OWS, Gravity OWS, and Others.
Developing Countries in the Asia-Pacific Region Pledge to Curb Water Pollution is likely to Boost the Growth of the Market
The growing industrial sector has led to chemical, pharmaceutical, oil and gas industries generating a large amount of wastewater, which is contributing to water pollution in the Asia-Pacific region. These industries are largely developing wastewater management systems and water treatment plants to comply with environmental protection guidelines and regulations implemented by the governments particularly in China and India. These industries have a huge demand for Oil Water Separator for water treatment, which is contributing to the growth of the market.
Market Players are Keen to Develop New Products
Some of the key players operating in the global Oil Water Separator market are Compass Water Solutions, Clarcor, Hannifin, Parker, Donaldson, GEA, Andritz, Alfa Laval, Filtration, Wartsila, Recovered Energy, Containment Solutions, Wilbur Eagle, WesTech Engineering, and ZCL. Market players are keen to develop new products and offer advanced equipment.
Oil Water Separator Market to Benefit from Increasing Investment in Waste Water Treatment
Wastewater treatment and cleaning of oil spills in the oceans requires Oil Water Separator for removing hydrocarbons, grease, and oil from water. Stringent government regulations regarding the disposal of wastewater in rivers and oceans have resulted in industries implementing water treatment mechanisms, which is expected to boost the growth of the market. Chemical, food, and Oil & gas industries have a largescale application of Oil Water Separator for removing oil and other effluents, which is driving the growth of the market.