Global Vapor Recovery Units Market 2018-2022 - Rising Demand Due to Stringent Regulations
Retrieved on:
Monday, April 23, 2018
Rising demand for vapor recovery units owing to stringent regulations with respect to VOC emissions across the end-use industries is expected to drive the vapor recovery units market.
Key Points:
- Rising demand for vapor recovery units owing to stringent regulations with respect to VOC emissions across the end-use industries is expected to drive the vapor recovery units market.
- On the basis of application, the transportation segment is estimated to lead the vapor recovery units market in 2017, due to rising demand for vapor recovery units from the truck, railcars, and pipelines.
- Based on end-use industry, the oil & gas segment is estimated to lead the vapor recovery units market in 2017, due to the increasing demand for vapor recovery units from downstream process.
- The growth can be attributed to increasing demand for vapor recovery units from the region's oil & gas industry, particularly in China and India.