Global oil and gas separator market to grow at a CAGR of 5.52% over the period 2014-2019: ResearchMoz

Albany - NY, Oct. 21, 2015 (GLOBE NEWSWIRE) -- Separators used in the oil and gas industry are pressure vessels that segregate well streams into respective liquid and gaseous components. The applications of separators range from on-site primary separation to refinery process separations. Horizontal, vertical, and spherical are the main types of oil and gas separators. Based on the fluids to be separated, the separators can be divided into two groups: oil or gas or water three-phase separator and liquid or gas two-phase separator. Separators can also be classified as degassers, deliquizers, primary-phase, test, low-pressure, and high-pressure separators based on their application.

They are usually designed in three stages, namely, preliminary stage, second stage, and third stage to meet the requirements of a project. Gravitational and centrifugal technologies are used to achieve the required efficiency of separation. In addition, the degree of separation is determined based on factors such as separator operating pressure, fluid flow regime (turbulent or laminar), and residence time of the fluid mixture.

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Technavio's analysts forecast the global oil and gas separator market to grow at a CAGR of 5.52% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global oil and gas separator market for the period 2015-2019. The market can be segmented into four divisions: technology, vessel configuration, fluids to be separated, and application.

Technavio's report, Global Oil and Gas Separator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

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Key regions

  • Americas
  • EMEA
  • APAC

Market driver

Increased demand for oil and gas

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Market challenge

Emergence of non-conventional and renewable sources of energy

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Market trend

Advances in technology

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Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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