According to Stratistics MRC, the Global High-Pressure Oil and Gas Separator Market is expected to grow at a CAGR of 3.1% during the forecast period. Some of the key factors propelling the market growth include growth in unconventional oil and gas resources, particularly shale gas and oil reserves, installation of off-site and on-site processing facilities, advancements in research & development activities, and growth in unconventional resources. However, tumbling global crude oil prices and unpredictability of the oil and gas industry has led to a reduction in exploration, drilling and production activities are restricting the market growth.
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On the basis of geography, North America region is expected to have considerable market growth during the forecast period, owing to the rise in discovery of multiple reservoirs of shale oil and gas and rising offshore exploration activities in the region. The market for high pressure oil and gas separators is on the rise, mainly in the United States, due to the discovery of multiple reservoirs of shale oil and gas and rising offshore exploration activities in the region. Since the number of conventional deposits is decreasing, crude oil is increasingly being extracted from unconventional deposits such as oil sands or oil shale. There are large amounts of unconventional hydrocarbon reserves in regions of North America, especially in countries like the United States, and Canada.
Some of the key players in High-Pressure Oil and Gas Separator Market include Honeywell International, Kirk Process Solutions, Alfa Laval AB, Halliburton Co., Schlumberger Limited, Cameron, GEA Group Aktiengesellschaft, Sulzer Ltd., TechnipFMC plc, Frames Group, HAT International Ltd., CECO Environmental Corp., Exterran Corp., Parker Hannifin Corp., FMC Technologies, ACS Manufacturing, Inc., Hydrasep,Inc., and R&H Technical Sales, Inc.
Product Types Covered:
• Degassers
• Two-Phase separators
• Deliquilizers
• Three-Phase separators
• Scrubbers
• Four-Phase Separator
Vessel Types Covered:
• Spherical Separators
• Horizontal Separators
• Vertical Separators
Applications Covered:
• Onshore
• Offshore
• Refineries
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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