According to Stratistics MRC, the Global Vapour Recovery Units market is expected to grow from $498.36 million in 2016 to reach $685.34 million by 2022 with a CAGR of 5.4%. Growing concerns to utilize vapour recovery units to increase operational efficiency in end use industries, increasing government regulations on volatile organic compounds (VOCs) emissions, and recent technological developments are some of the major factors propelling the market growth. However, fluctuating oil prices, high initial investments are the restraints hindering the market growth.

Among the applications, Storage Tank Vents segment commands the global market during the forecast period. North America accounted for the largest share in global market due to presence of vapour recovery units. The U.S. is likely to remain as the key market throughout the forecast period.

Some of the key players in global vapour recovery units market include Hy-Bon/EDI, Petrogas Systems, PSG Dover, AEREON, John Zink Company, LLC, Cimarron Energy Inc., Wintek Corporation, Accel Compression Inc., and Whirlwind Methane Recovery Systems, LLC.

Technologies Covered:

  • Absorption
  • Adsorption
  • Condensation
  • Membrane Separation



Process Covered:

  • Downstream
  • Upstream



Application Covered:

  • Marine Loading
  • Pipeline
  • Railcar Loading
  • Storage Tank Vents
  • Truck Loading
  • Other Applications



End Users Covered:

  • Brewery and Food Processing
  • Landfills
  • Oil and Gas
  • Other End Users



Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·France
  • ·Italy
  • ·UK
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·Rest of Asia Pacific
  • Rest of the World
  • ·Middle East
  • ·Brazil
  • ·Argentina
  • ·South Africa
  • ·Egypt



What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements