Market Overview:
The global oil reclaimers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil reclaimers from various end-use industries, such as industrial, marine, and aerospace. In addition, the growing awareness about the benefits of using oil reclaimers is also contributing to the growth of this market. Based on type, the global oil reclaimers market can be segmented into five categories: 5 GPM, 10 GPM, 20 GPM 50 GPM 100G PM and others. Among these segments, 10 GPM and 20 GM are expected to witness high demand during the forecast period owing to their ability to recover a large amount of used oils in a short time span.
Product Definition:
An oil recycler, or oil reclaimers, is a device used to recover waste oils and other petroleum-based products. These devices are often used in industrial or automotive settings to recycle oils that would otherwise be considered hazardous waste. The importance of oil reclaimers lies in their ability to reduce the amount of pollutants released into the environment while also conserving resources.
5 GPM:
5 GPM is the flow rate of oil reclaimers through the system per minute. It's important to know that 5 GPM is not a standard or legal requirement, but it does provide an indication of how much oil can be processed in a given time frame. The higher the number, the faster and more efficiently will be reclaimed oil throughput in minutes.
The growth factor for this segment is primarily driven by increasing demand from end-user industries such as automotive & aerospace.
10 GPM:
10 GPM is gallons per minute. It is used to measure the rate of flow of liquid in a pipe or channel. The higher the 10 GPM, generally, the faster the flow will be in that particular area and vice versa. In oil reclaimers industry, it's widely used for measuring oil & gas throughputs as well as for determining how much sludge can be processed through a pipeline per unit time (a function of viscosity).
Application Insights:
The industrial application segment accounted for the largest revenue share of over 60% in 2017. The growing demand for oil reclaimers in refineries and petrochemical plants is expected to drive the global market over the forecast period. Increasing refinery activities across various regions, including North America and Europe, are anticipated to further fuel product demand.
Marine applications are projected to witness a CAGR of XX% from 2018 to 2030 owing to rising utilization of reclaimed products on account of their abilityto reduce corrosion & foaming while increasing fuel efficiency and reducing emissions significantly as compared with conventional fuels such as diesel & gasoline respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising energy demand in emerging economies, such as China and India. In addition, growing aviation sector in Asia Pacific countries is anticipated to drive product demand in aerospace industry over the next eight years.
The Middle East & Africa accounted for a significant share of global oil reclaimers market revenue owing to large proven reserves of crude oil across this region which attracts major oil companies for exploration activities within its geographical jurisdiction thus creating a high requirement for water treatment services as well. Moreover, increasing offshore drilling activities coupled with rapidly developing onshore conventional petroleum industry will further boost product demand over the coming years.
North America was one of the largest markets accounting for 30% of total revenue share in 2016 due to presence of stringent environmental regulations regarding wastewater management by EPA (Environmental Protection Agency) under Clean Water Act section 402 concerning discharge from municipal sources.
Growth Factors:
- Increasing demand for oil reclaimers from the automotive and manufacturing industries as a result of the growing awareness about the benefits of using oil reclaimers in these industries.
- The increasing demand for used oil due to its high quality and low price is expected to drive the growth of the global oil reclaimers market during the forecast period.
- The rising number of regulations related to environmental protection is expected to fuel the growth of the global oil reclaimers market during the forecast period.
- Growing investments by key players in research and development activities is expected to propelthe growth oftheglobaloilreclaimersmarketduringtheforecastperiod . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Reclaimers Market Research Report
By Type
5 GPM, 10 GPM, 20 GPM, 50 GPM, 100 GPM, Others
By Application
Industrial, Marine, Aerospace, Others
By Companies
Sanmi, Sino-NSH, Enervac Corporation, Henek Fluid Purity Systems, NAKIN, Vacudyne, Bertacchi & Filippi, Chongqing Zhongneng, Clark-Reliance Corporation, Hydrocarbon, High Purity Northwest, Precision Filtration Products, Filson, Pro-Filtration, Lubrigard, Sesco Systems Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Oil Reclaimers Market Report Segments:
The global Oil Reclaimers market is segmented on the basis of:
Types
5 GPM, 10 GPM, 20 GPM, 50 GPM, 100 GPM, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Marine, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sanmi
- Sino-NSH
- Enervac Corporation
- Henek Fluid Purity Systems
- NAKIN
- Vacudyne
- Bertacchi & Filippi
- Chongqing Zhongneng
- Clark-Reliance Corporation
- Hydrocarbon
- High Purity Northwest
- Precision Filtration Products
- Filson
- Pro-Filtration
- Lubrigard
- Sesco Systems Engineering
Highlights of The Oil Reclaimers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 5 GPM
- 10 GPM
- 20 GPM
- 50 GPM
- 100 GPM
- Others
- By Application:
- Industrial
- Marine
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Reclaimers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil reclaimers are machines that use heat and pressure to extract oil from crude oil. The oil is then recycled into new products, such as gasoline or diesel fuel.
Some of the key players operating in the oil reclaimers market are Sanmi, Sino-NSH, Enervac Corporation, Henek Fluid Purity Systems, NAKIN, Vacudyne, Bertacchi & Filippi, Chongqing Zhongneng, Clark-Reliance Corporation, Hydrocarbon, High Purity Northwest, Precision Filtration Products, Filson, Pro-Filtration, Lubrigard, Sesco Systems Engineering.
The oil reclaimers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil Reclaimers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil Reclaimers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil Reclaimers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil Reclaimers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil Reclaimers Market Size & Forecast, 2020-2028
4.5.1 Oil Reclaimers Market Size and Y-o-Y Growth
4.5.2 Oil Reclaimers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 5 GPM
5.2.2 10 GPM
5.2.3 20 GPM
5.2.4 50 GPM
5.2.5 100 GPM
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Marine
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Reclaimers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil Reclaimers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 5 GPM
9.6.2 10 GPM
9.6.3 20 GPM
9.6.4 50 GPM
9.6.5 100 GPM
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Marine
9.10.3 Aerospace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 5 GPM
10.6.2 10 GPM
10.6.3 20 GPM
10.6.4 50 GPM
10.6.5 100 GPM
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Marine
10.10.3 Aerospace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 5 GPM
11.6.2 10 GPM
11.6.3 20 GPM
11.6.4 50 GPM
11.6.5 100 GPM
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Marine
11.10.3 Aerospace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 5 GPM
12.6.2 10 GPM
12.6.3 20 GPM
12.6.4 50 GPM
12.6.5 100 GPM
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Marine
12.10.3 Aerospace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 5 GPM
13.6.2 10 GPM
13.6.3 20 GPM
13.6.4 50 GPM
13.6.5 100 GPM
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Marine
13.10.3 Aerospace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil Reclaimers Market: Competitive Dashboard
14.2 Global Oil Reclaimers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanmi
14.3.2 Sino-NSH
14.3.3 Enervac Corporation
14.3.4 Henek Fluid Purity Systems
14.3.5 NAKIN
14.3.6 Vacudyne
14.3.7 Bertacchi & Filippi
14.3.8 Chongqing Zhongneng
14.3.9 Clark-Reliance Corporation
14.3.10 Hydrocarbon
14.3.11 High Purity Northwest
14.3.12 Precision Filtration Products
14.3.13 Filson
14.3.14 Pro-Filtration
14.3.15 Lubrigard
14.3.16 Sesco Systems Engineering
