Market Development Prospects of Marine 15PPM Oil-water Separator

OIL

WATER

SEPARATOR

Environmental regulations promote

Development of the shipping industry:

The growth of global trade has promoted the development of the shipping industry, and the number of new ship constructions has increased. According to relevant statistics, global new ship orders have maintained a certain scale in recent years, and new ships need to be equipped with oil-water separators, which directly drives market demand. At the same time, when old ships are renovated and upgraded to meet environmental protection requirements, oil-water separators also need to be replaced or installed.

Technological innovation driven:

Underwater oil-water separation technology continues to innovate, such as the application of high-efficiency gravity separation technology, new coalescing materials and ultrafiltration membrane technology, which improves the efficiency and effect of oil-water separation, makes products more competitive, and expands the scope of market applications.

Emerging markets have great potential:

Countries such as China and India in the Asia-Pacific region are experiencing rapid economic development, the shipbuilding industry and shipping industry are growing, and the demand for ship oil-water separators continues to increase. The shipping industry in the Middle East, which is dominated by oil tankers and liquefied gas ships, has high demand for wastewater treatment, and the oil-water separator market is also gradually developing

Market size growth:

According to a report by Hunan Molan Data Intelligence Information Technology Consulting Co., Ltd., the global oil-water separator (ows) (marine) market revenue will reach 5.551 billion yuan (RMB) in 2023. The market is expected to have a compound annual growth rate of 3.30% during the forecast period, and the global market size will reach 6.996 billion yuan by 2029.