An oil-water separator or OWS, is a device designed to separate and remove oil and other hydrocarbons from water, particularly in industrial and environmental applications. It is used to prevent the contamination of water bodies, such as rivers, lakes, and oceans, by removing oils, greases, and other pollutants that may be present in the water. The basic principle behind an oil-water separator involves the differences in density between oil and water. Since oil is less dense than water, it tends to float on the water's surface.
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Data Bridge Market Research analyses that the Global Oil Water Separator Market is expected to grow at a CAGR of 4.9% in the forecast period of 2023 to 2030 and is expected to reach USD 10,251,664.71 thousand by 2030. Advancements in technology and rising spending on R&D is expected to create an opportunity for the global oil water separator market.
Key Findings of the Study
Positive outlook toward the water conservation and purification is expected to drive the market
The increasing awareness of environmental sustainability and the need to protect natural water resources water conservation and purification can be a significant driver in the global oil water separator market. As the world faces water scarcity and growing concerns over water pollution, industries, and governments are focusing on implementing effective water management practices, which include the use of oil water separators.
Many companies and governments worldwide are adopting sustainability initiatives and emphasizing corporate social responsibility. Using oil water separators aligns with their Corporate Social Responsibility (CSR) goals by demonstrating a commitment to responsible water management and environmental protection. This motivates businesses to invest in such technologies and positively impacts market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Above Ground and Below Ground), Technology (Coalescing, Gravitational, Centrifugal, Membrane Separation, Electrochemical, and Biological), Application (Industrial, Marine, Power Generation, Aerospace, Defense, and Others)
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Countries Covered
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China, India, South Korea, Japan, Thailand, Australia and New Zealand, Indonesia, Singapore, Philippines, Malaysia, rest of Asia-Pacific, Russia, Germany, Italy, Netherlands, Spain, U.K, Turkey, France, Belgium, Poland, rest of Europe, Saudi Arabia, Iraq, U.A.E., Kuwait, Iran, rest of Middle East and Africa, Brazil, Argentina, and rest of South America
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Market Players Covered
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Siemens Energy (Germany), SLB (U.S.), GEA Group (Germany), PARKER HANNIFIN CORP (U.S.), ALFA LAVAL (Sweden), Donaldson Company, Inc.(U.S.), HydroFloTech (U.S.), Oil Water Separator Technologies (U.S.), Sulzer Ltd (Switzerland), WesTech Engineering, LLC (U.S.), Al Kafaah LLC (U.A.E), ANDRITZ (Austria), Wärtsilä (Finland), PRAB (U.S.), Mercer International Inc (U.S.), and Victor Marine Ltds (U.K.) among others
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
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Segment Analysis:
The global oil water separator market is segmented into three notable segments based on type, technology and application.
- On the basis of type, the global oil water separator market is segmented into above ground and below ground.
In 2023, the above ground segment is expected to dominate the global oil water separator market
In 2023, the above ground segment is expected to dominate the global oil water separator market because above-ground oil-water separators are relatively easy to install and do not require extensive excavation, which can be time-consuming and costly. In addition, the above-ground separators generally involve less labor and material costs compared to underground ones. the above ground segment is expected to grow with a CAGR of 5.0% in the forecast period of 2023 to 2030.
- On the basis of technology, the global oil water separator market is segmented into coalescing, gravitational, centrifugal, membrane separation, electrochemical, and biological. In 2023, the coalescing segment is expected to dominate the global oil water separator market with a CAGR of 5.1% in the forecast period of 2023 to 2030.
- On the basis of application, the global oil water separator market is segmented into industrial, marine, power generation, aerospace, defense, and others.
In 2023, the industrial segment is expected to dominate the global oil water separator market
In 2023, the industrial segment is expected to dominate the market because oil-water separators play a crucial role in industrial applications to manage and treat oily wastewater generated from various processes. These separators are employed to remove oil, grease, and other hydrocarbons from the wastewater before it is discharged into the environment or sent for further treatment. The industrial segment is expected to grow at a CAGR of 5.2% in the forecast period of 2023 to 2030.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players in global oil water separator market are Siemens Energy (Germany), SLB (U.S.), GEA Group (Germany), PARKER HANNIFIN CORP (U.S.), ALFA LAVAL (Sweden), Donaldson Company, Inc. (U.S.), HydroFloTech (U.S.), Oil Water Separator Technologies (U.S.), Sulzer Ltd (Switzerland), WesTech Engineering, LLC (U.S.), Al Kafaah LLC (U.A.E), ANDRITZ (Austria), Wärtsilä (Finland), PRAB (U.S.), Mercer International Inc (U.S.), and Victor Marine Ltds (U.K.) among others
Recent Developments
- In October 2022, Schlumberger (NYSE: SLB) announced its new name—SLB. From then, the legacy Schlumberger brand and nearly all of its affiliated brands have become one under the new SLB brand, which introduced a refreshed visual identity, including a new logo for the company
- In March 2022, Schlumberger announced has been awarded an extensive contract for drilling, completions, and production services by TotalEnergies for its Tilenga onshore oil development in Uganda
- In August 2022, Alfa Laval completed the acquisition of Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors. The acquisition will strengthen Alfa Laval’s position in the renewable energy arena and complement its offering of edible oils
- In August 2022, Alfa Laval completed the acquisition of Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors. The acquisition will strengthen Alfa Laval’s position in the renewable energy arena and complement its offering of edible oils
- In October, WesTech Engineering, Inc. announced that the WWETCO FlexFilter™ has been conditionally accepted as an alternative filtration technology by the State of California under its Water Recycling Criteria (Title 22), Section 60320.5 W
Regional Analysis
Geographically, the countries covered in the global oil water separator market are Russia, Germany, Italy, Netherlands, Spain, U.K, Turkey, France, Belgium, Poland, and rest of Europe, China, India, South Korea, Japan, Thailand, Australia and New Zealand, Indonesia, Singapore, Philippines, Malaysia, and rest of Asia-Pacific, U.S., Canada, and Mexico, Saudi Arabia, Iraq, U.A.E, Kuwait, Iran, and rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
As per Data Bridge Market Research analysis:
In 2023, Asia-Pacific is the dominant and fastest growing region in the global oil water separator market
In 2023, the Asia-Pacific is expected to dominate the global oil water separator market with a significant growth rate and a highest market share due to the increasing concern about environmental pollution and the need to comply with stringent regulations in the region.
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