DUBLIN--(BUSINESS WIRE)--The "Global Three-phase Separator Market in the Oil and Gas Industry 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global three-phase separator market in the oil and gas industry to register a revenue of more than USD 6.4 billion by 2022.
A three-phase separator is a vessel used in the oil and gas industry to separate gas, oil, and water from the produced fluid stream. Liquids that are discharged from the separators are further treated in vessels called treaters. In a three-phase separator, the volume of gas to be separated is relatively large compared with the volume of water and oil, and either the gas capacity requirements or water-oil separation constraints may govern the vessel design.
One trend in the market is ongoing R&D activities. Manufacturers are involved in innovative R&D often in collaboration with their clients and partners, to develop leading products and technologies that provide greater efficiency to the client, reduce development costs, and enable frontier developments.
One driver in the market is growth in unconventional oil and gas resources. The production of crude oil has been on a high in countries. With the increase in production, separation of crude oil from liquid and impurities has become a necessity, leading to the growing demand for three-phase separators in the oil and gas industry.
The report states that one challenge in the market is fluctuating crude oil prices. Industry's expenditure on exploration, development, and production of oil and natural gas reserves is one of the factors that determine the demand for products and services.
Companies Mentioned
- ALFA LAVAL
- Frames
- Halliburton
- Schlumberger
- TechnipFMC
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Application
08. Market Segmentation By Product
09. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers And Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
16. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/7nrxvb/global?w=4