"Public Act No. 13-120 repealed the previous version of Connecticut General Statute Section 22a-174e, which required the Connecticut Department of Energy & Environmental Protection (DEEP) to adopt regulations pertaining to the installation and testing of Stage II vapour recovery systems, and replaced them with language that mandates the decommissioning of all Stage II systems by July 1, 2015."

According to the report, Mergers and acquisitions among key players is one of the primary growth factors for the market. Government agencies in various countries have implemented stringent environmental legislation, in order to reduce the harmful effects of VOC emissions. These regulatory policies have mandated crude oil production companies and the petroleum industry to install vapour recovery units in each plant. is also expected to contribute significantly to the Vapor Recovery Units market growth. Overall, Oil & Gas applications of Vapor Recovery Units, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as Gas Compressor, is boosting the Vapor Recovery Units market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Power Source, such as Electric motor, is boosting the Vapor Recovery Units market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Process, such as Adsorption, is boosting the Vapor Recovery Units market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technologies , such as Compression-based Vapor Recovery Unit, is boosting the Vapor Recovery Units market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-use , such as Oil & Gas Compressors, is boosting the Vapor Recovery Units market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Vapor Recovery Units market identified that the demand is rising in many different parts of the world as "New environmental regulations are driving the demand for emission reduction. One vapour recovery unit can serve as many as four units". Furthermore, some recent industry insights like "In November 2019 KMG International Group has debuted the new vapour recovery unit, a fully automated vapour recovery unit at the auto and rail loading points in the Vega refinery. The 2.3 million USD investment effort is intended to reduce the impact of the operational activities on the environment and communities in the area." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Vapor Recovery Units market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Vapor Recovery Units market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Vapor Recovery Units Market Study

Data Triangulation
The overall Vapor Recovery Units market size is calculated using market estimation process, the Vapor Recovery Units market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Vapor Recovery Units market size has been validated using both top-down and bottom-up approaches.