Oil And Gas Separators Market- Roadmap for Recovery from COVID-19|Rising Global Energy Demand to boost the Market Growth | Technavio
Technavio has been monitoring the oil and gas separators market and it is poised to grow by $ 298.61 mn during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Oil and Gas Separators Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
What are the major trends in the market?
Rise in oil and gas production from unconventional sources is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at -8.11% and the incremental growth of the market is anticipated to be $ 298.61 mn.
Who are the top players in the market?
Alfa Laval AB, Frames Energy Systems BV, GEA Group Aktiengesellschaft, Halliburton Co., National Oilwell Varco Inc., Pentair Plc, Schlumberger Ltd., Sulzer Ltd., TechnipFMC Plc, and Wartsila Corp., are some of the major market participants.
What is the key market driver?
The rising global energy demand is one of the major factors driving the market.
How big is the APAC market?
The APAC region will contribute 28% of the market share.
The market is fragmented, and the …