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市场调查报告书
商品编码
1626637

全球蒸汽回收装置市场规模:依类型、应用、最终用户、区域范围和预测

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个工作天内

价格
简介目录

蒸汽回收装置的市场规模及预测

2024年蒸汽回收装置市场规模价值 9.48亿美元,预计到2031年将达到 137.8亿美元,2024年至2031年的年复合成长率为 4.80%。

蒸汽回收装置(VRU)是一种专门的系统,用于捕获和回收各种工业操作过程中产生的挥发性有机化合物(VOC)和其他有害蒸汽,主要用于石油和天然气、化学和石化行业。这些设备透过消除大气中的有害排放,在减少环境污染和确保法规遵守方面发挥着非常重要的作用。 VRU 通常会冷凝蒸气并将液体与气体分离,能够安全且有效率地回收有价值的碳氢化合物。应用包括油库、装载设施和储罐,它们有助于维持压力、提高运作效率并降低爆炸或火灾的风险。

在日益严格的环境法规和整个行业对永续性的日益重视的推动下,蒸汽回收装置似乎是一项很有前景的技术。随着各行各业努力减少碳足迹并提高营运效率,对先进VRU的需求预计会增加。将 VRU 与智慧技术和物联网(IoT)系统结合,可实现即时监控和控制,提高效能和可靠性。

再生能源产业的兴起,加上新兴市场对有效排放控制解决方案的需求,预计将推动VRU产业的发展,使VRU成为现代工业基础设施的重要组成部分。

蒸气回收装置的全球市场动态

影响全球蒸汽回收装置市场的关键市场动态是:

主要市场驱动因子

严格的环境法规:严格的环境法规是蒸汽回收装置(VRU)市场的主要驱动力,尤其是在石油和天然气行业。美国环保署(EPA)对企业施加了巨大的监管压力,要求它们在2030年将甲烷排放量在2005年的基础上减少 87%。 VRU 对于实现这些法规非常重要,因为它们可以捕获储槽和装载过程中排放的高达 95%的挥发性有机化合物(VOC)。这样的监管框架透过提高合规性、减少环境影响和提高营运效率来鼓励使用VRU,使公司能够保持积极的公众形象,同时避免潜在的罚款。

扩大石油和天然气生产活动:全球石油和天然气生产活动的扩大大幅增加了对蒸汽回收装置(VRU)的需求。根据美国能源资讯署(EIA)预测,2023年美国原油产量将达到创纪录的1,290万桶/日,较2022年增加100万桶/日。产量的增加需要有效的蒸汽回收方法来管理相关的增加的排放。随着产量的增加,对VRU的捕获和减少挥发性有机化合物(VOC)、确保符合环境要求、避免营运损失以及维持日益可持续发展的行业的安全标准的需求也在增加。

越来越关注工业运作的可持续性:工业界越来越重视永续性和环境责任,加速了蒸汽回收装置的采用。世界银行预测,2022年全球天然气燃烧量将下降5%至1,390亿立方米,许多国家已承诺在2030年消除常规天然气燃烧。 VRU 对于满足这些永续性标准非常重要,因为它们可以回收宝贵的碳氢化合物,否则这些碳氢化合物将透过排放和燃烧而浪费掉。关注永续性可以提高营运效率,减少对环境的影响,帮助公司遵守法规,并提升其市场地位和公众形象。

主要问题

初始成本高:安装蒸汽回收装置(VRU)需要大量的资本支出,因为需要复杂的技术和设备。这可能会产生不利影响,尤其是对于中小型企业而言。即使有长期节省,公司仍发现很难采用这样的系统,因为前期成本太高。财务压力往往会抑制投资,尤其是在利润微薄、收入来源不稳定的产业。

石油和天然气产量的波动:VRU 的需求高度依赖石油和天然气产业的产量。无论是由于地缘政治紧张还是经济衰退导致的全球油价下跌和产量放缓,都会对 VRU 的采用产生直接影响。产量降低将导致排放量降低,进而减少对蒸汽回收系统的迫切需求,影响市场成长。

维护和操作复杂:VRU 是复杂的设备,需要定期维护和专业人员才能正常运作。如果不妥善处理设备复杂性,可能会增加营运成本和停机时间。缺乏适当技能和资源的公司可能难以保持其 VRU 以最佳状态运行,导致效率降低和长期整体成本增加。

主要趋势:

VRU 技术的进步:技术进步提高了蒸汽回收装置的效率和性能。新系统与物联网等智慧监控和控制技术结合,实现即时资料分析并提高营运效率。由于企业需要更可靠、更具可扩展性的VRU 来满足严格的环境和营运要求,这些进步推动市场的发展。

石化和化学工业的成长:随着石化和化学工业的扩大,VRU市场获得新的前景。这些行业会产生大量的挥发性有机化合物(VOC),因此对有效的蒸汽回收系统的需求很高。 VRU 对于石化和化学工业的高效运作非常重要,因为它们可以在回收有价值的产品的同时管理排放,所以创造了需求。

政府奖励与资助:地方政府提供使用VRU等减排技术的公司激励、补贴和补助。这些激励措施将使企业投资 VRU 在经济上可行,有助于扩大市场。政府支持可以帮助降低前期成本,使企业更容易采用这些技术并刺激市场扩张,同时遵守国家和全球永续发展目标。

目录

第1章 全球蒸汽回收装置市场简介

  • 市场介绍
  • 研究范围
  • 先决条件

第2章 执行摘要

第3章 VERIFIED MARKET RESEARCH的研究方法

  • 资料探勘
  • 验证
  • 主要来源
  • 资料来源列表

第4章 蒸汽回收装置的全球市场展望

  • 概述
  • 市场动态
    • 促进因素
    • 抑制因素
    • 机会
  • 波特五力模型
  • 价值链分析

第5章 全球蒸汽回收装置市场(依最终用户)

  • 概述
  • 石油和天然气
  • 化学和石化
  • 其他

第6章 全球蒸汽回收装置市场(依类型)

  • 概述
  • 吸附
  • 膜分离
  • 冷凝

第7章 全球蒸汽回收装置市场(依应用)

  • 概述
  • 处理
  • 储存
  • 交通

第8章 全球蒸汽回收装置市场(依地区)

  • 概述
  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 法国
    • 其他欧洲国家
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 其他亚太地区
  • 世界其他地区
    • 拉丁美洲
    • 中东和非洲

第9章 蒸汽回收装置市场的全球竞争情势

  • 概述
  • 各公司的市场排名
  • 主要发展策略

第10章 公司简介

  • 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 附录

  • 相关研究
简介目录
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