Oil Water Separator: Market Overview
Waste water effluents from refineries, chemical/petrochemical plants, and gas processing plants have high amount of oils and suspended solids. The oil water separator is a device which is designed to separate these effluents from the wastewater. The American Petroleum Institute (API) maintains the standards and designs of these separators. The first API separator was installed in 1933 at the Atlantic Refining Company (ARCO) refinery in Philadelphia, U.S. almost all the refineries worldwide install API separators that act as a key stage of the oily wastewater treatment plants. Oil and water separators are also used in electrical substations. The transformers found in substations employ a large amount of oil for cooling purposes. Channels are constructed adjacent to the enclosed substations to catch any leaked oil and also rainwater is trapped. Therefore, oil and water separators provide a faster and easier cleaning of an oil leak.
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 make it possible for sensitive downstream equipment to perform as designed. The separators reduce overall operating cost and improve system maintenance.
Oil Water Separator Market: Dynamics and Trends
The oil water separator becomes a necessity to be utilized in cases where water is produced as a part of operation, discharge of this produced water is to be done into public, and where water authority compliance is to be achieved for the discharge. The type of wastewater being produced decides the exact type of oil water separator that has to be utilized.
The trends utilized in the oil water separator market is the removal of oil, grease, and other hydrocarbons by coalescing methods, which force oil droplets to be impinged on the surface area. Gravity-based separators operate by putting fluid velocity and its corresponding pressure in control. The latest technique of hydro cyclone applies extreme centrifugal forces, which separate the water and oil droplets. The technology related to building of pressure-rated separators can be configured for complex operations. These operations are separation of gas from a myriad of immiscible liquids and suspended solids with same or different specific gravities.
Oil Water Separator Market Segmentation
In terms of type, the oil water separator market can be segmented into API series-based separators, enhanced gravity-based separators, and pressure-rated separators. In terms of application, the oil water separator market can be segmented into oil and gas, chemical processing plants, wastewater treatment, electrical substations, transportation, and others. In terms of region, the global oil water separator market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Oil Water Separator Market: Key Players
Key players operating in the global oil water separator market include Schlumberger Ltd., Al Kaafah LLC, HydroFlo Tech LLC, and Andritz AG.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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