Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Oil and Gas Separation Market Outlook 

The global oil and gas separation market is anticipated to register a CAGR of 4.7% during the forecast period of 2024-2032. 

Global Oil and Gas Separation Market

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The oil and gas separation market growth is primarily driven by the rising environmental concerns of the emission of greenhouse gases, stringent governmental regulations for exploring sustainable options of oil extraction, and increasing demand for energy across the globe.
 
On the basis of product type, the three-phase separator segment accounted for the largest market share in 2020 and is estimated to retain its dominance over the forecast period of 2024-2032. In addition, the scrubber segment is expected to be the fastest-growing segment during the assessment years. Based on the technology type, the global oil and gas separation industry is dominated by gravitational separation segment in 2020. The gravitational separation technology has a lower operating cost, which in turn is projected to drive the industry growth. The centrifugal separation segment, however, is likely to register the highest CAGR over the forecast period of 2024-2032.

North America is accounted for the largest market share in the global oil and gas separation industry, owing to the increasing exploration and generation of conventional and non-conventional resources, which is expected to propel the industry growth in the region. The Asia Pacific is estimated to grow at a significant CAGR during the forecast year on account of favourable government policies.

Properties and Applications 

Oil and gas separation is the method of removing natural gas and water from the oil. Comprising of natural gas and water in definite quantities, crude oil is passed through a separator that is utilised to extract the gas and direct it into a separation line. The fluid is then passed through a heating unit, separating the water due to the difference in their densities. Furthermore, it also helps in the removal of solid impurities from crude oil. A separator can also be deployed to separate the three phases: gas, liquid hydrocarbon, and liquid aqueous. 

Global Oil and Gas Separation Market By Application

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The industry can be broadly segregated on the basis of its technology type segment into:

  • Gravitational Separation
  • Centrifugal Separation
  • Others

The industry can be bifurcated based on its vessel type segment into:

  • Horizontal
  • Vertical
  • Spherical

On the basis of product type, the industry is segmented into:

  • Two-Phase Separators
  • Three-Phase Separators
  • Scrubbers
  • Others

The market can be broadly categorised on the basis of its applications segment into:

  • Onshore
  • Offshore
  • Refinery
  • Others

The EMR report looks into the regional markets like North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Global Oil and Gas Separation Market By Region

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Market Analysis 

The growing adoption of non-conventional exploratory methods coupled with increasing production of shale gas and oil are expected to drive the market growth. Furthermore, increasing utilisation of separators for onsite treatment as well as for pre-processing of fluids extracted from reserves is also fuelling the demand for the oil and gas separation market in the upcoming years. The growing environmental concerns and stringent governmental regulations for exploring sustainable options of oil extraction are some of the other factors expected to drive the market during 2024-2032.

Competitive Landscape 

The report presents a detailed analysis of the following key players in the global oil and gas separation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Honeywell International Inc.
  • TechnipFMC plc
  • Alfa Laval Corporate AB
  • Halliburton Company
  • Schlumberger Limited
  • Frames Energy Systems B.V.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology Type
  • Vessel Type
  • Product Type
  • Application
  • Region
Breakup by Technology Type
  • Gravitational Separation
  • Centrifugal Separation
  • Others
Breakup by Vessel Type
  • Horizontal
  • Vertical
  • Spherical
Breakup by Product Type
  • Two-Phase Separators
  • Three-Phase Separators
  • Scrubbers
  • Others
Breakup by Application
  • Onshore
  • Offshore
  • Refinery
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Honeywell International Inc.
  • TechnipFMC plc
  • Alfa Laval Corporate AB
  • Halliburton Company
  • Schlumberger Limited
  • Frames Energy Systems B.V.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Oil and Gas Separation Market Report Snapshots

Oil and Gas Separation Market Size

Oil and Gas Separation Market Analysis

Oil and Gas Separation Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In the forecast period of 2024-2032, the global oil and gas separation market is expected to witness a CAGR of 4.7%.
 

The major drivers of the industry, such as rising disposable incomes, increasing population, growing energy demand, increasing adoption of non-conventional exploratory methods, and rising use of separators for onsite treatment are expected to aid the market growth.
 

The rapidly growing environmental concerns regarding the emission of greenhouse gases and the introduction of stringent governmental regulations for exploring sustainable options of oil extraction are the major trends guiding the growth of the industry. 
 

The major regions in the markets are North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa, with North America accounting for the largest market share.
 

The dominant technology in the industry is gravitational separation. 
 

The leading vessel types in the industry are horizontal, vertical, and spherical. 
 

Three-phase separators are the major product types in the industry. 
 

The significant application segments in the industry are onshore, offshore, and refinery, among others. 
 

The key players in the industry are Honeywell International Inc., TechnipFMC plc, Alfa Laval Corporate AB, Halliburton Company, Schlumberger Limited, and Frames Energy Systems B.V., among others.
 

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