About Marine Oily Water Separators
Marine oily water separator is equipment that is used in the marine industry to separate oil prior to its discharge into water. In today’s time, oil spills have the most common pollution to the marine ecological environment. The rapidly growing transportation industry thereby the high growth of the shipping industry across the globe has created significant opportunities for the oily bilgewater separators. Commonly marine-grade oily water separators are mounted on the vessel/ship or offshore platforms to remove the oil and other petroleum hydrocarbons. Further, the government across the various countries has imposed strict regulations on the oil discharge in the sea or ocean in order to reduce the environmental effects, which will accelerate the growth of oily water separators in the marine industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Marine Oily Water Separators market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Victor Marine (United Kingdom), Detegasa (Spain), Ecologix Environmental Systems, LLC (United States), Deyuan Marine (China), Oil Water Separator Technologies (United States), Wärtsilä (Finland), Llalco Fluid Technology, S.L. (Spain), FREYTECH, INC. (United States), Sulzer (Switzerland), Compass Water Solutions (United States), PS International (United States) and Oleology (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Marine Oily Water Separators market by Type (Gravity Plate Separator, Electrochemical Separator, Bioremediation Separator and Centrifugal Separator) and Region.
On the basis of geography, the market of Marine Oily Water Separators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Commercial Marine will boost the Marine Oily Water Separators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by GPM Capacity, the sub-segment i.e. 2 GPM will boost the Marine Oily Water Separators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Marine Oily Water Separators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Semi-automatic will boost the Marine Oily Water Separators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Focus on the Development of Lightweight Oily Water Separators Due to Its Increasing Demand for the Installation on Fast Attack Interceptor Vessels
Market Growth Drivers:
Surging Demand for Oil Water Separators with High GPM Capacity to Separate Oil Components from a Large Amount of Water at Same Time, Growing Popularity of Innovative Oily Water Separators that Combines Gravitational and Centrifugal Forces and Inclination towards the Adoption of Fully Automated Marine Oily Water Separators among the End Users
Challenges:
Slow Adoption of Marine Oily Water Separators that Separates Oil Components from Very Low Volume of Water
Restraints:
Expensiveness of Fully Automatic and Innovative Marine Grade Oily Water Separators May Slow Down the Growth
Opportunities:
Rapidly Growing Shipping Industry and Implementation of Stringent Regulations by the Government to Reduce the Oil Spill in Sea or Ocean Will Boost the Adoption of Oily Bilgewater Separators and Significant Growth of Offshore Oil & Gas Industry Across the Globe and Risk of Oil Spills in the Sea/Ocean
Market Leaders and their expansionary development strategies
In August 2021, H2O LLC an innovative provider of top-tier potable water, electrochlorination, and sewage treatment systems for marine vessels and offshore oil and gas platforms has acquired the assets of BOSS Separators, oily water separators designed for the marine industry, from Recovered Energy, Inc. The BOSS Separators brand will remain intact and become a product of H2O LLC.The acquisition provides customers from both companies with better solutions and more options. H2O opens new markets for BOSS Separators, which now has access to a larger customer base and greater service capabilities.
In 2020, Wave International launched the new version of its highly popular Wave MiniBOSS IMO bilge water separator. The new equipment is specially designed for use in ships, working boats, and superyatchs that offers a faster flow rate of 0.5m³/hr and ensures that vessels do not discharge any oil or other pollutants. Further, the new separator is a neatly designed bulkhead mounted system with a control panel and three filters, which is highly sophisticated to remove all traces of pollutants down to 15 ppm.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Marine Oily Water Separators Manufacturers, Marine Oily Water Separators Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.