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市場調查報告書
商品編碼
1626637

全球蒸汽回收裝置市場規模:依類型、應用、最終用戶、區域範圍和預測

Global Vapor Recovery Units Market Size By Type (Adsorption, Membrane Separation), By Application (Processing, Storage, Transportation), By End-User (Oil And Gas, Petrochemical), By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格
簡介目錄

蒸汽回收裝置的市場規模及預測

2024年蒸汽回收裝置市場規模價值 9.48億美元,預計到2031年將達到 137.8億美元,2024年至2031年的年複合成長率為 4.80%。

蒸汽回收裝置(VRU)是一種專門的系統,用於捕獲和回收各種工業操作過程中產生的揮發性有機化合物(VOC)和其他有害蒸汽,主要用於石油和天然氣、化學和石化行業。這些設備透過消除大氣中的有害排放,在減少環境污染和確保法規遵守方面發揮著非常重要的作用。 VRU 通常會冷凝蒸氣並將液體與氣體分離,能夠安全且有效率地回收有價值的碳氫化合物。應用包括油庫、裝載設施和儲罐,它們有助於維持壓力、提高運作效率並降低爆炸或火災的風險。

在日益嚴格的環境法規和整個行業對永續性的日益重視的推動下,蒸汽回收裝置似乎是一項很有前景的技術。隨著各行各業努力減少碳足跡並提高營運效率,對先進VRU的需求預計會增加。將 VRU 與智慧技術和物聯網(IoT)系統結合,可實現即時監控和控制,提高效能和可靠性。

再生能源產業的興起,加上新興市場對有效排放控制解決方案的需求,預計將推動VRU產業的發展,使VRU成為現代工業基礎設施的重要組成部分。

蒸氣回收裝置的全球市場動態

影響全球蒸汽回收裝置市場的關鍵市場動態是:

主要市場驅動因子

嚴格的環境法規:嚴格的環境法規是蒸汽回收裝置(VRU)市場的主要驅動力,尤其是在石油和天然氣行業。美國環保署(EPA)對企業施加了巨大的監管壓力,要求它們在2030年將甲烷排放量在2005年的基礎上減少 87%。 VRU 對於實現這些法規非常重要,因為它們可以捕獲儲槽和裝載過程中排放的高達 95%的揮發性有機化合物(VOC)。這樣的監管框架透過提高合規性、減少環境影響和提高營運效率來鼓勵使用VRU,使公司能夠保持積極的公眾形象,同時避免潛在的罰款。

擴大石油和天然氣生產活動:全球石油和天然氣生產活動的擴大大幅增加了對蒸汽回收裝置(VRU)的需求。根據美國能源資訊署(EIA)預測,2023年美國原油產量將達到創紀錄的1,290萬桶/日,較2022年增加100萬桶/日。產量的增加需要有效的蒸汽回收方法來管理相關的增加的排放。隨著產量的增加,對VRU的捕獲和減少揮發性有機化合物(VOC)、確保符合環境要求、避免營運損失以及維持日益可持續發展的行業的安全標準的需求也在增加。

越來越關注工業運作的可持續性:工業界越來越重視永續性和環境責任,加速了蒸汽回收裝置的採用。世界銀行預測,2022年全球天然氣燃燒量將下降5%至1,390億立方米,許多國家已承諾在2030年消除常規天然氣燃燒。 VRU 對於滿足這些永續性標準非常重要,因為它們可以回收寶貴的碳氫化合物,否則這些碳氫化合物將透過排放和燃燒而浪費掉。關注永續性可以提高營運效率,減少對環境的影響,幫助公司遵守法規,並提升其市場地位和公眾形象。

主要問題

初始成本高:安裝蒸汽回收裝置(VRU)需要大量的資本支出,因為需要複雜的技術和設備。這可能會產生不利影響,尤其是對於中小型企業而言。即使有長期節省,公司仍發現很難採用這樣的系統,因為前期成本太高。財務壓力往往會抑制投資,尤其是在利潤微薄、收入來源不穩定的產業。

石油和天然氣產量的波動:VRU 的需求高度依賴石油和天然氣產業的產量。無論是由於地緣政治緊張還是經濟衰退導致的全球油價下跌和產量放緩,都會對 VRU 的採用產生直接影響。產量降低將導致排放量降低,進而減少對蒸汽回收系統的迫切需求,影響市場成長。

維護和操作複雜:VRU 是複雜的設備,需要定期維護和專業人員才能正常運作。如果不妥善處理設備複雜性,可能會增加營運成本和停機時間。缺乏適當技能和資源的公司可能難以保持其 VRU 以最佳狀態運行,導致效率降低和長期整體成本增加。

主要趨勢:

VRU 技術的進步:技術進步提高了蒸汽回收裝置的效率和性能。新系統與物聯網等智慧監控和控制技術結合,實現即時資料分析並提高營運效率。由於企業需要更可靠、更具可擴展性的VRU 來滿足嚴格的環境和營運要求,這些進步推動市場的發展。

石化和化學工業的成長:隨著石化和化學工業的擴大,VRU市場獲得新的前景。這些行業會產生大量的揮發性有機化合物(VOC),因此對有效的蒸汽回收系統的需求很高。 VRU 對於石化和化學工業的高效運作非常重要,因為它們可以在回收有價值的產品的同時管理排放,所以創造了需求。

政府獎勵與資助:地方政府提供使用VRU等減排技術的公司激勵、補貼和補助。這些激勵措施將使企業投資 VRU 在經濟上可行,有助於擴大市場。政府支持可以幫助降低前期成本,使企業更容易採用這些技術並刺激市場擴張,同時遵守國家和全球永續發展目標。

目錄

第1章 全球蒸汽回收裝置市場簡介

  • 市場介紹
  • 研究範圍
  • 先決條件

第2章 執行摘要

第3章 VERIFIED MARKET RESEARCH的研究方法

  • 資料探勘
  • 驗證
  • 主要來源
  • 資料來源列表

第4章 蒸汽回收裝置的全球市場展望

  • 概述
  • 市場動態
    • 促進因素
    • 抑制因素
    • 機會
  • 波特五力模型
  • 價值鏈分析

第5章 全球蒸汽回收裝置市場(依最終用戶)

  • 概述
  • 石油和天然氣
  • 化學和石化
  • 其他

第6章 全球蒸汽回收裝置市場(依類型)

  • 概述
  • 吸附
  • 膜分離
  • 冷凝

第7章 全球蒸汽回收裝置市場(依應用)

  • 概述
  • 處理
  • 儲存
  • 交通

第8章 全球蒸汽回收裝置市場(依地區)

  • 概述
  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 其他歐洲國家
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 其他亞太地區
  • 世界其他地區
    • 拉丁美洲
    • 中東和非洲

第9章 蒸汽回收裝置市場的全球競爭情勢

  • 概述
  • 各公司的市場排名
  • 主要發展策略

第10章 公司簡介

  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ecosorb BV
  • Petroliam Equipment Group LLC
  • Blackmer Holding Company
  • Stork-Brooksysteme GmbH
  • Robuschi S.p.A
  • Tuthill Corporation
  • Franklin Fueling Systems
  • Flo-Tech

第11章 附錄

  • 相關研究
簡介目錄
Product Code: 26886

Vapor Recovery Units Market Size And Forecast

Vapor Recovery Units Market size was valued at USD 0.948 Billion in 2024 and is projected to reach USD 13.78 Billion by 2031, growing at a CAGR of 4.80% from 2024 to 2031.

Vapor Recovery Units (VRUs) are specialized systems that capture and recover volatile organic compounds (VOCs) and other hazardous vapors produced during a variety of industrial operations, primarily in the oil and gas, chemical, and petrochemical industries. These devices serve an important role in reducing environmental pollution and guaranteeing regulatory compliance by eliminating harmful emissions into the atmosphere. VRUs typically work by condensing vapors and separating liquids from gases, enabling the safe and efficient recovery of precious hydrocarbons. Their uses include tank farms, loading facilities, and storage tanks, where they help maintain pressure, increase operational efficiency, and limit the risk of explosions or fires.

Vapor Recovery Units appear to be a promising technology, driven by increased environmental restrictions and a growing emphasis on sustainability across industries. As industries work to minimize their carbon footprints and improve operating efficiency, the demand for advanced VRUs is projected to increase. Integrating VRUs with smart technologies and Internet of Things (IoT) systems can allow real-time monitoring and control, hence boosting performance and dependability.

The rise of the renewable energy sector, combined with the need for effective emission control solutions in emerging markets, is anticipated to boost the VRU industry, making it an essential component of modern industrial infrastructure.

Global Vapor Recovery Units Market Dynamics

The key market dynamics that are shaping the global vapor recovery units market include:

Key Market Drivers:

Stringent Environmental Regulations: Stringent environmental requirements are a primary driver of the Vapor Recovery Units (VRUs) market, notably in the oil and gas industries. The US Environmental Protection Agency (EPA) demands that methane emissions be reduced by 87% from 2005 levels by 2030, putting enormous regulatory pressure on companies to comply. VRUs are critical to achieving these rules since they can capture up to 95% of volatile organic compound (VOC) emissions from storage tanks and loading processes. This regulatory framework encourages the use of VRUs by boosting compliance, decreasing environmental impact, and increasing operational efficiency, allowing businesses to avoid potential fines while maintaining a positive public image.

Growing Oil & Gas Production Activities: The global expansion of oil and gas production activities has significantly increased the need for Vapor Recovery Units (VRUs). According to the US Energy Information Administration (EIA), US crude oil output will reach a new high of 12.9 million barrels per day in 2023, up 1.0 million barrels per day from 2022. This rise in output demands effective vapor recovery methods to manage the associated increase in emissions. As production increases, so does the need for VRUs to capture and reduce volatile organic compounds (VOCs), assuring compliance with environmental requirements, avoiding operating losses, and maintaining safety standards in an industry that is becoming more sustainable.

Rising Focus on Sustainability in Industrial Operations: Industries are increasingly prioritizing sustainability and environmental responsibility, which is accelerating the deployment of Vapor Recovery Units. The World Bank forecasted a 5% decrease in global gas flaring to 139 billion cubic meters (bcm) in 2022, with many countries pledging to eradicate routine flaring by 2030. VRUs are critical in meeting these sustainability standards because they recover valuable hydrocarbons that would otherwise be squandered through venting or flaring. This focus on sustainability improves operational efficiency, decreases environmental impact, and assists businesses in complying with rules, increasing their market position and public image.

Key Challenges:

High Initial Costs: The installation of Vapor Recovery Units (VRUs) requires a large capital expenditure due to the complex technology and equipment required. This can be a disincentive, especially for small and medium-sized businesses. Companies find it difficult to adopt these systems due to the hefty initial expenses, even when long-term savings are included. The financial burden frequently stalls investment, particularly in industries with small margins or unreliable revenue streams.

Fluctuations in Oil & Gas Production: The demand for VRUs is largely influenced by the oil and gas industry's output levels. Any drop in global oil prices or production slowdowns, whether driven by geopolitical tensions or economic downturns, has a direct impact on VRU adoption. Lower output leads to lower emissions and hence less urgent demand for vapor recovery systems, affecting market growth.

Maintenance and Operational Complexity: VRUs are sophisticated devices that require regular maintenance and specialized workers to operate well. If equipment complexity is not adequately handled, it might result in greater operational expenses and downtime. Companies that lack the appropriate skills or resources may struggle to keep their VRUs running optimally, resulting in decreased efficiency and higher total expenses over time.

Key Trends:

Advancements in VRU Technology: Technological advancements improve the efficiency and performance of Vapor Recovery Units. New systems are being combined with smart monitoring and control technologies, such as the Internet of Things (IoT), to provide real-time data analysis and increased operating efficiency. These advances are propelling the market as businesses seek more dependable and scalable VRUs to meet stricter environmental and operational requirements.

Growth in the Petrochemical and Chemical Industries: As the petrochemical and chemical industries expand, the VRU market gains new prospects. These industries produce considerable amounts of VOCs, and the demand for effective vapor recovery systems is growing. VRUs assist manage emissions while collecting valuable byproducts, making them critical to the efficient running of petrochemical and chemical industries, hence generating demand.

Government Incentives and Funding: Governments in various regions provide incentives, subsidies, and grants to enterprises that use emission-reducing technologies such as VRUs. These incentives make it more financially feasible for businesses to invest in VRUs, resulting in market expansion. Businesses are more likely to embrace these technologies when the initial cost burden is reduced by government backing, driving market expansion while adhering to national and global sustainability goals.

Global Vapor Recovery Units Market Regional Analysis

Here is a more detailed regional analysis of the global vapor recovery units market:

North America:

North America dominates the global vapor recovery units (VRU) market due to its thriving oil and gas industry and strict environmental laws. Since 2016, the United States has invested more than USD 3.8 Billion in emission-reduction technology, with vapor recovery systems receiving a large amount of funding. Regulatory factors, such as the EPA's New Source Performance Standards (NSPS) and California's Air Resources Board (CARB) mandates, necessitate significant VOC emission reductions, prompting firms to implement VRUs. This growth is being driven by large-scale oil production, with U.S. crude oil output averaging 12.9 million barrels per day in 2023 and expected to expand further in the future years.

Technological advances are also major drivers of the North American VRU market. Companies in the US are driving innovation, with new vapor recovery methods attaining recovery rates of up to 99%, much exceeding those of traditional systems. This technological advantage, along with the economic benefits of product recovery-U.S. facilities save an average of $575,000 per year from vapor recovery-encourages increased adoption. Furthermore, Canada's oil sector is developing, with enhanced methods expected to result in CAD 500 million in marketable gas recovery and increased oil production. With rising environmental awareness and projected legal changes mandating the installation of more VRUs, the North American market is estimated to account for more than 40% of the global market share by 2028.

Asia Pacific:

The Asia-Pacific region is experiencing explosive expansion in the Vapor Recovery Units (VRU) market, owing to increasing industrialization and stricter environmental restrictions. According to market research, the Asia-Pacific VRU market will increase from USD 420 million in 2022 to USD 725 million by 2027, representing an excellent CAGR of 11.5%. China and India are significant contributors to this growth, with industrial expansion in industries such as petroleum processing and refining driving demand for vapor recovery systems. This increased industrial activity needs the use of modern emission control technology such as VRUs to manage emissions and comply with stricter environmental requirements.

Environmental initiatives and significant expenditures in oil and gas infrastructure fuel the market's growth. China's "Blue Sky Defense" campaign requires VRU installation in large oil storage facilities by 2025, whereas India's use of vapor recovery systems has already decreased VOC emissions by 84% in major urban regions.

Investments in oil and gas infrastructure are opening up new prospects, with the International Energy Agency (IEA) predicting that Asia-Pacific would account for 45% of global oil demand growth by 2025. These legislative measures, together with the economic and environmental benefits of VRU adoption, are motivating area businesses to develop and implement sophisticated vapor recovery technology. The Asia-Pacific region is expected to boost its worldwide VRU market share to 35% by 2028, driven by strong industrial and regulatory momentum.

Global Vapor Recovery Units Market: Segmentation Analysis

The Global Vapor Recovery Units Market is Segmented on the basis of Type, Application, End-User, And Geography.

Vapor Recovery Units Market, By Type

  • Adsorption
  • Membrane Separation
  • Condensation

Based on Type, the market is bifurcated into Adsorption, Membrane Separation, and Condensation. Adsorption currently dominates the Vapor Recovery Units (VRU) market due to its high efficiency in capturing volatile organic compounds (VOCs) and broad application in industries such as oil and gas. This technology effectively cuts emissions and is popular due to its cost-effectiveness and reliability. Membrane Separation, on the other hand, is the fastest-growing category, owing to technological improvements and its potential to provide cleaner, more energy-efficient VOC recovery solutions, particularly in emerging regions that prioritize sustainability and stronger environmental requirements.

Vapor Recovery Units Market, By Application

  • Processing
  • Storage
  • Transportation

Based on Application, the market is segmented into Processing, Storage, and Transportation. Storage is the most important category in the Vapor Recovery Units (VRU) market, as controlling emissions from big storage tanks, particularly in oil and gas plants, is crucial. The large amount of volatile organic compounds (VOCs) generated during storage activities makes it an ideal location for VRU deployment. Transportation is the fastest-growing segment, driven by the increased global movement of oil, gas, and chemicals, which necessitates efficient vapor recovery systems to reduce emissions during loading, unloading, and transport operations, especially as environmental regulations tighten.

Vapor Recovery Units Market, By End-User

  • Oil And Gas
  • Petrochemical
  • Chemical
  • Food

Based on End-User, the market is segmented into Oil And Gas, Petrochemical, Chemical, and Food. The oil and gas segment dominates the vapor recovery units (VRU) market due to the sector's high emission rates of volatile organic compounds (VOCs) during production, storage, and transportation, making VRU systems critical for compliance with severe environmental laws. The Petrochemical market is expanding the fastest, owing to significant industrial expansion and the increased demand for emission control in refining and chemical processing, where VOC recovery and sustainability measures are becoming more important.

Vapor Recovery Units Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
  • On the basis of Geography, the Global Vapor Recovery Units Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The North American region currently dominates the vapor recovery units market due to stringent environmental regulations and the presence of established players. The Asia-Pacific region is growing the fastest, driven by rapid industrialization, rising environmental concerns, and favorable government policies.

Key Players

The "Global Vapor Recovery Units Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Emerson Electric Co., Honeywell International, Inc., Ecosorb BV, Canopia, Inc., Petroliam Equipment Group LLC, Blackmer Holding Company, Stork-Brooksysteme GmbH, Robuschi S.p.A., Tuthill Corporation, Franklin Fueling Systems, OPW Fueling Technologies, Inc., Aalborg CSP A/S, Flo-Tech, Red Jacket Manufacturing Company, Aero Dispenser Corporation, Didier Lamart S.A.S, GuilCorr, PEC Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

  • Vapor Recovery Units Market Recent Developments
  • In May 2022, Flogistix unveiled its new facility expanding its production capacity. The new VRU complex, measuring 2, 59,000 square feet, is located in El Reno, Oklahoma.
  • In November 2021, InventHelp Inventor launched a novel vapor recovery system for wet cooling towers (HUN-1025). This method will help to enhance the amount of process water that can be recovered from a cooling tower, reducing the environmental impact.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL VAPOR RECOVERY UNITS MARKET

  • 1.1 Introduction of the Market
  • 1.2 Scope of Report
  • 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

  • 3.1 Data Mining
  • 3.2 Validation
  • 3.3 Primary Interviews
  • 3.4 List of Data Sources

4 GLOBAL VAPOR RECOVERY UNITS MARKET OUTLOOK

  • 4.1 Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
    • 4.2.3 Opportunities
  • 4.3 Porters Five Force Model
  • 4.4 Value Chain Analysis

5 GLOBAL VAPOR RECOVERY UNITS MARKET, BY END-USER

  • 5.1 Overview
  • 5.2 Oil And Gas
  • 5.3 Chemical And Petrochemical
  • 5.4 Others

6 GLOBAL VAPOR RECOVERY UNITS MARKET, BY TYPE

  • 6.1 Overview
  • 6.2 Adsorption
  • 6.3 Membrane Separation
  • 6.4 Condensation

7 GLOBAL VAPOR RECOVERY UNITS MARKET, BY APPLICATION

  • 7.1 Overview
  • 7.2 Processing
  • 7.3 Storage
  • 7.4 Transportation

8 GLOBAL VAPOR RECOVERY UNITS MARKET, BY GEOGRAPHY

  • 8.1 Overview
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 U.K.
    • 8.3.3 France
    • 8.3.4 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 Japan
    • 8.4.3 India
    • 8.4.4 Rest of Asia Pacific
  • 8.5 Rest of the World
    • 8.5.1 Latin America
    • 8.5.2 Middle East & Africa

9 GLOBAL VAPOR RECOVERY UNITS MARKET COMPETITIVE LANDSCAPE

  • 9.1 Overview
  • 9.2 Company Market Ranking
  • 9.3 Key Development Strategies

10 COMPANY PROFILES

  • 10.1 Emerson Electric Co.
    • 10.1.1 Overview
    • 10.1.2 Financial Performance
    • 10.1.3 Product Outlook
    • 10.1.4 Key Developments
  • 10.2 Honeywell International Inc.
    • 10.2.1 Overview
    • 10.2.2 Financial Performance
    • 10.2.3 Product Outlook
    • 10.2.4 Key Developments
  • 10.3 Ecosorb BV
    • 10.3.1 Overview
    • 10.3.2 Financial Performance
    • 10.3.3 Product Outlook
    • 10.3.4 Key Developments
  • 10.4 Petroliam Equipment Group LLC
    • 10.4.1 Overview
    • 10.4.2 Financial Performance
    • 10.4.3 Product Outlook
    • 10.4.4 Key Developments
  • 10.5 Blackmer Holding Company
    • 10.5.1 Overview
    • 10.5.2 Financial Performance
    • 10.5.3 Product Outlook
    • 10.5.4 Key Developments
  • 10.6 Stork-Brooksysteme GmbH
    • 10.6.1 Overview
    • 10.6.2 Financial Performance
    • 10.6.3 Product Outlook
    • 10.6.4 Key Developments
  • 10.7 Robuschi S.p.A
    • 10.7.1 Overview
    • 10.7.2 Financial Performance
    • 10.7.3 Product Outlook
    • 10.7.4 Key Developments
  • 10.8 Tuthill Corporation
    • 10.8.1 Overview
    • 10.8.2 Financial Performance
    • 10.8.3 Product Outlook
    • 10.8.4 Key Developments
  • 10.9 Franklin Fueling Systems
    • 10.9.1 Overview
    • 10.9.2 Financial Performance
    • 10.9.3 Product Outlook
    • 10.9.4 Key Developments
  • 10.10 Flo-Tech
    • 10.10.1 Overview
    • 10.10.2 Financial Performance
    • 10.10.3 Product Outlook
    • 10.10.4 Key Developments

11 APPENDIX

  • 10.1 Related Research