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(CityRegions.Com, September 01, 2017 ) Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/288744 .
According to Stratistics MRC, the Global Vapour Recovery Units market is expected to grow from $498.36 million in 2016 to reach $685.34 million by 2022 with a CAGR of 5.4%. Growing concerns to utilize vapour recovery units to increase operational efficiency in end use industries, increasing government regulations on volatile organic compounds (VOCs) emissions, and recent technological developments are some of the major factors propelling the market growth. However, fluctuating oil prices, high initial investments are the restraints hindering the market growth.
Among the applications, Storage Tank Vents segment commands the global market during the forecast period. North America accounted for the largest share in global market due to presence of vapour recovery units. The U.S. is likely to remain as the key market throughout the forecast period.
Some of the key players in global vapour recovery units market include Hy-Bon/EDI, Petrogas Systems, PSG Dover, AEREON, John Zink Company, LLC, Cimarron Energy Inc., Wintek Corporation, Accel Compression Inc., and Whirlwind Methane Recovery Systems, LLC.
Storage Tank Vents
End Users Covered:
Brewery and Food Processing
Oil and Gas
Other End Users
Regions Covered: North America,US,Canada,Mexico,Europe,Germany,France,Italy,UK ,Spain ,
Rest of Europe ,Asia Pacific,Japan,China,India,Australia,New Zealand,Rest of Asia Pacific,
Rest of the World,Middle East,Brazil,Argentina,South Africa,Egypt .
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