DUBLIN, April 28, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Three-Phase Separator Market in Oil and Gas Industry 2016-2020" report to their offering.
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The global three-phase separator market in the oil and gas industry to grow at a CAGR of 1.25% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global three-phase separator market in the oil and gas industry for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The vendors included in the report are component manufacturers and suppliers. The report also includes a discussion of the key vendors operating in this market.
Crude oil is of two types: sweet crude oil and sour crude oil. Sweet crude is also referred to as light crude while sour crude is referred to as heavy crude.
Based on composition, sweet or sour crude oil needs to be refined using different methods and technologies. At the time of production, crude oil stream consists of three-phase s, solid, liquid, and gas. For transportation of crude oil, it is necessary to separate these phases.
Three-phase separator vendors are conducting R&D to reduce the equipment's cost and improve its efficiency. The overall efficiency of three-phase separators is highly dependent upon the nature of the inlet devices. A variety of inlet devices with different working mechanisms are available. Their performances differ from each other in efficiency and complexity. A good inlet device separates the bulk liquid with minimum creation or shattering of droplets, reduces the inlet momentum, and creates good vapor distribution.
According to the report, the refineries can now procure cheaper oil and sell the refined petroleum products at higher margins. To reduce operational costs, integrated oil and gas companies are adopting cost-effective technologies to become lean and survive the oil price turmoil. One of the areas to reduce cost is to shift the oil and gas separation to the beginning of the value chain, just after its extraction.
Further, the report states that fluctuation in crude oil prices is one of the major challenges faced by the market.
- Alfa Laval Corporate AB
- FMC Technologies
- Frames Group
- MI Swaco
Other prominent vendors
- ACS Manufacturing
- Burgess Manning
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Market segmentation by type
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/7skd3d/global
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SOURCE Research and Markets