Vapor Recovery Units Market Growth Status, Growth Overview And Segment Forecasts 2021-2027

Vapor recovery units (VRUs) are typically used to recover fuel and gasoline from storage tanks, in order to restrict their escape into the atmosphere. VRUs restrict, store, withdraw, and refine vapor from gas storage tanks. It is both economically and environmentally beneficial to recover vapors.

Market Overview

A vapor recovery unit (VRU) is a device used for recovery of vapors such as gasoline, natural gas, and other fuels so that they can reused for industrial applications. Vapor recovery units are majorly used in upstream and downstream processes in chemical process industry. Vapor recovery unit uses different methods such as condensation, absorption, adsorption, and membrane separation for vapor recovery. In condensation process, vapors are condensed by lowering temperature. Furthermore, in the U.S., the Environmental Protection Agency (EPA) mandates operators to carry out vapor removal process to control harmful air emissions in natural gas processing plants, natural gas wells, and hydrocarbon storage facilities.

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Market Dynamics
Strict regulatory policies regarding VOC emission are expected to drive growth of the global vapor recovery units market during the forecast period Various industries are responsible for the emission of volatile organic compounds that are mixed with air in the environment. These compounds are hazardous air pollutants that can damage the ecosystem. Government agencies in various countries have implemented stringent environmental legislations, in order to reduce harmful effects of VOC emissions.
Economic and environmental advantages offered by vapor recovery units are expected to propel the global vapor recovery units market growth over the forecast period Crude oil tanks contain light hydrocarbons such as methane, natural gas liquids, and hazardous air pollutants (HAP) and some inert gases. During storage, these hydrocarbons vaporized and get collected in storage space.

Detailed Segmentation:
• Global Vapor Recovery Units Market, By Technology:
• Membrane Separation
• Adsorption
• Absorption
• Condensation
•
• Global Vapor Recovery Units Market, By Application:
• Marine Loading
• Railcar Loading
• Truck Loading
• Pipeline
• Storage Tank Vents

Key players involved in the global vapor recovery units market are John Zink Company, LLC, Hy-Bon/EDI, Whirlwind Methane Recovery Systems LLC, Petrogas Systems, Accel Compression Inc., PSG Dover, Wintek Corporation, AEREON Inc., and Cimarron Energy Inc.

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