Global Three-phase Separator Market in the Oil and Gas Industry 2018-2022

Q: What is the study period of market?

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Q: Which region is expected to show the highest market share in the market?

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Q: What are the major market players covered in the report?

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Q: What is the current size of the market?

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Q: What is the Year-Over-Year Growth Rate of Market ?

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Published: Jul 2018
Pages: 107
SKU: IRTNTR21821

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Global Three-phase Separator Industry Overview

There has been an increase in the production of crude oil in several countries, which demands the necessity of separating crude oil from non-essential liquids and impurities. This in turn, has increased the demand for three-phase separators in the oil and gas industry. After crude oil is extracted from wellbores, refineries need to separate oil, water, and gas before transporting it to further downstream processing. The increasing popularity of shale gas in various industries promoted a growing awareness regarding the benefits of shale gas as an energy resource. The significant number of shale reserves all over the globe and the competitive price of shale gas have driven the shale gas market’s growth. Thus, the increase in unconventional oil and gas resources have driven growth in the three-phase separator market in the oil and gas industry.