Oil Water Separator Market Size, Share & Industry Analysis By Technology (Gravity, Sponge, Coalescing, Centrifuge, Other), By Industry Vertical (Oil and gas, Chemical, Food and Beverage, Water and Wastewater, Marine, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101401 | Status : Ongoing

KEY MARKET INSIGHTS

The policy of Reduce, Reuse & Recycle and resource efficiency are promoted as the basis of sustainable waste management. Water is a scarce resource and its consumption is increasing day by day. Reducing water consumption, recycling water and reusing it is of great importance. Oil water separators play an important role in recycling water and sustainably disposing of waste oil mixed with water.

Oil water separators are remediation devices that separate oil from water and/or wastewater. Oil water separators are designed to treat all contaminants in water which include free-floating oil, emulsified oil, dissolved oil, and suspended solids. Not all oil separator types are capable of separating all contaminants. "Oil" can be taken to mean mineral, vegetable and animal oils, and the many different hydrocarbons. Oil-water separators are designed and selected after consideration of oil separation performance parameters and life cycle cost considerations

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Based on the type of technology, the oil water separator is segmented in gravity, sponge, coalescing, centrifuge, etc. The different types of separating technologies are suitable for various flow rates and ppm of oil in the outlet water. Coalescing type of separator is ideally suited as a permanent installation to treat a wastewater stream before it is released to the environment or to trade waste.

Centrifugal type separators are used for high flow rate applications Based on industry vertical, oil water separator is segmented in Oil and Gas, Chemical, Food and Beverage, Water and Wastewater, Marine, etc.

The primary market driver for global oil water separator market is the regulatory push towards the use of waste oil and zero liquid discharge. Various governments have implemented strict regulations on the disposal of waste oil. The key market restraint for oil water separator market is the high cost of emerging technologies.

Key Players Covered

Some of the notable companies in the global oil water separator market are Veolia Water Technologies, HydroFloTech, Highland Tank, Wärtsilä, Victor Marine Ltd., Ultraspin, Mercer International Inc., Ecologix Environmental Systems, Alfa Laval, Parkson Corporation, Andritz, Schlumberger, Eneka UAB and Al Kafaah LLC.

Segmentation

ATTRIBUTE	DETAILS
By Technology	Gravity Sponge Coalescing Centrifuge Other
By Industry Vertical	Oil and gas Chemical Food and Beverage Water and Wastewater Marine Others
By Geography	North America (the USA and Canada) Europe (UK, Germany, France, Italy, Spain and Rest of Europe) Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific) Latin America (Brazil, Mexico and Rest of Latin America) Middle East & Africa (GCC, South Africa, and Rest of the Middle East & Africa)

Regional Analysis

The global oil water separator market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific led by China, Japan and India are expected to dominate in the global oil water separators market in the coming year. This is due to the increasing demand for oil water separators from industry verticals such as food & beverage, chemical, metal finishing, etc. Strict regulation related to the removal of oil from wastewater in all industries especially marine vertical in China, Japan, etc. will boost demand for oil water separators. Europe will positively influence the oil-water separator market due to the Environment Protection Agency (EPA) regulations and technological advancement in the region.

Key Industry Developments

In July 2019, Lexington Parking Authority was awarded LFUCG Stormwater Grant of $300,000 to build a stormwater treatment system. The treatment system consists of a 1000-gallon oil-water separator to separate oils, grease, chemicals and road salts.

In October 2018, Researchers at IIT Guwahati have used a naturally occurring material — aloe vera gel, which inherently has superior oil repelling (oleophobic) property to separate oil from water.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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