Market Size And Growth Rate of My Country's Ship Oil-water Separator Industry

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At present, there is no exact authoritative data on the complete market size and growth rate of China's marine oil-water separator industry in recent years, but some analysis and speculation can be made based on global data and industry development:

【Market size】 

• From a global perspective, the global oil water separator (OWS) (marine) market size in 2023 is 5.551 billion yuan. China occupies a certain share of the global marine oil-water separator market. With the development of China's shipbuilding industry and the growth of the shipping industry, the market size is also growing. According to industry analysis by Gongyan.com, gravity-type marine oil-water separators have the highest market share in China, exceeding 60%.

【Growth rate】

• Past growth rate: The global marine oil-water separator market's market revenue compound annual growth rate (CAGR) from 2015 to 2019 was 3.19%. During this period, with the development of China's shipping industry and the gradual improvement of environmental protection requirements, the growth rate of the ship oil-water separator industry should not be lower than the global average. Especially in the context of increasingly stringent environmental protection policies, the demand for oil-water separators in new ship construction and old ship renovation has promoted good growth in the industry.

• Future growth forecast: The global oil water separator (OWS) (marine) market is expected to have a CAGR of 3.30% from 2024 to 2029. China's shipbuilding industry has broad development prospects, and environmental protection policies continue to be strengthened. It is expected that the growth rate of China's shipbuilding oil-water separator industry may be higher than the global average growth rate, and it has great growth potential.