The Oil Water Separator market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 697.2 million by 2027.
The policy of Reduce, Reuse & Recycle and resource efficiency are promoted as the basis of sustainable waste management. Water is a scarce resource and its consumption is growing day by day. Reducing water consumption, recycling water and reusing it is of great importance. Oil water separators play an important role in recycling water and sustainably disposing of waste oil mixed with water. Oil water separators are remediation devices that separate oil from water and/or wastewater. Oil water separators are designed to treat all contaminants in water which include free-floating oil, emulsified oil, dissolved oil, and suspended solids. Not all oil separator types are capable of separating all contaminants. "Oil" can be taken to mean mineral, vegetable and animal oils, and the several different hydrocarbons. Oil-water separators are designed and selected after consideration of oil separation performance parameters and life cycle cost considerations.The oil water separator also treats wastewater to a certain standard, wherein its discharge is considered safe into an approved discharge point (sewer). Oil water separators are typically the first stage of any wastewater treatment system. However, in some cases, an oil water separator can be used as effective completion of pipeline treatment equipment. Oils, grease, and other hydrocarbons are removed and non-hazardous water is left, which can be disposed off safely in the drainage. The ability of oil water separators makes it possible for sensitive downstream equipment to perform as designed. The separators reduce overall operating cost and improve system maintenance.
The strict government regulations are expected to drive the oil-water separator market growth: The oil-water separator market is expected to boost with strict government regulations prohibiting the discharge of oil or hazardous substances such as contaminated bilge water. Countries like the US, Canada, China and other various European countries have imposed strict penalties for those who fail to meet the formulated disposal standards, thereby accelerating the demand for oil-water separators.The high cost associated with oil-water separators are expected to hinder the market growth: Oil-water separators are costly, cause difficulty to separate small particles, need high maintenance, have high labour requirements and should be designed to comply with government regulations are some of the factors responsible for restraining the market growth.
Industry News
11/20/19: Wilbur-Ellis makes largest acquisition in company history--
Wilbur-Ellis, a leading international marketer and distributor of agricultural products, animal nutrients, and specialty chemicals and ingredients, announced the acquisition of Nachurs Alpine Solutions (NAS), a specialty liquid chemical manufacturer serving the precision agriculture, transportation, energy, and diversified industrial sectors in North America.
Oil Water Separator Market is segmented based on the type, applications, companies and regions.
By Type, Oil Water Separator Market has been segmented into
By Application, Oil Water Separator Market has been segmented into
The above ground OWS segment is estimated to lead the global oil water separator market in 2017. This growth is mainly driven by the increasing demand for above ground oil water separators from chemicals, petrochemicals, automobiles, and food & beverages industries.The industrial segment is estimated to lead the global oil water separator market in 2017. The growth of this segment is mainly attributed to rapid industrial development and the increased demand for oil water separators from chemical, food & beverages, and automotive industries.
The report offers in-depth assessment of the growth and other aspects of the Oil Water Separator Market in important regions, including the
North America
Europe dominates the oil-water separator market and is predicted to develop during the forecast period as a result of the government's stringent restrictions on conserving inland surface waters, transitional waters, coastal waters, and wastewater treatment. Various leading market players have modified their products, such as Atlas Copco's OSC oil water separator with dual filtration to comply with local regulations and protect the environment, and Llalco Fluid Technology's water separators have incorporated the latest technology to comply with IMO regulation MEPC 107 and provide DNV GL's 5ppm approved products.
APAC has also experienced substantial expansion in the oil-water separator market, owing to rising demand in industries such as food and beverages. According to Industry Analysis, the food and beverage industry in Asia Pacific will have the biggest market share in 2021, with China being the major stakeholder. Increased usage of separators to treat wastewater containing impurities such as grease and oil before it enters water treatment systems can reduce the amount of energy required by pumping systems by 10% to 15% in wastewater treatment plants.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Clarcor, Compass Water Solutions, Parker-Hannifin, Alfa Laval, Donaldson, Andritz, GEA, Wartsila, Filtration, Containment Solutions, Recovered Energy, ZCL, WesTech Engineering, Wilbur Eagle |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 120 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Oil Water Separator Market?
The Oil Water Separator Market is growing at a CAGR of 3.8% over the next 5 years.
Who are the key players in Oil Water Separator Market?
Clarcor, Compass Water Solutions, Parker-Hannifin, Alfa Laval, Donaldson, Andritz, GEA, Wartsila, Filtration, Containment Solutions, Recovered Energy, ZCL, WesTech Engineering, Wilbur Eagle
What are the significant types of Oil Water Separator Market?
Above Ground OWS, Below Ground OWS, Marine OWS, Others
What are the major end-use applications of Oil Water Separator Market?
General Industry, Water Treatment, Oil & Gas, Others
On the basis of type, Which segment is likely to hold the major share in the Oil Water Separator Market?
Above Ground OWS segment to hold the largest share in Oil Water Separator market.
On the basis of application, Which segment is likely to hold the major share in the Oil Water Separator Market?
General Industry segment to hold the largest share in Oil Water Separator market
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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