Vapor Recovery Services Market Will Be Valued at US$ 462.3M by 2025

(Newswire.net — June 6, 2017) New York, NY — According to the report titled “Vapor Recovery Services Market: Global Industry Analysis and Forecast, 2017–2025”, North America will have a relatively higher contribution to global vapor recovery services market. By 2017-end, the region’s market is estimated to account for the largest revenue share and witness a CAGR of 8.3% during the forecast period. Owing to the existence of leading vapor recovery units manufacturers, North America has become a dominant market for vapor recovery services in recent years.

Leading Market Players Vapor Recovery Services – 

• SGS SA
• Zeeco, Inc.
• Atlas Process Innovation
• AEREON
• JOHN ZINK COMPANY, LLC
• Petrogas Systems
• Global Vapor Control, Inc. (GVC) (part of Tri-Star)
• Vapor Point LLC.
• Envent Corporation
• Entech
• Hy-Bon/EDI
• PSG Dover
• PSC (Vapor Control)
• Others

View Report Table of Contents, Figures, and Tables@ http://www.persistencemarketresearch.com/market-research/vapor-recovery-services-market/toc

Global Vapor Recovery Services Market – Key Report Highlights

• By the end of 2017, nearly US$ 161.5 million worth vapor recovery units are estimated to be sold for midstream/downstream process. Vapor recovery units have significant applications in midstream/downstream processes. For instance, they are often used to compress and recover vapors during the process. They also help in complying with the environmental requirements set by regulatory bodies.
• Application of vapor recovery services in storage tank vent is expected to remain high throughout the forecast period. In terms of value, storage tank vent is expected to account for 64.4% share of the market by 2025-end. Storage tank vent has been estimated to account for close to one-third of the global vapor recovery services market revenue in 2017.
• By the operation, demand for O&M/ services is expected to remain high over the forecast period. By 2017-end, O&M/ services will account for a staggering 77.4% revenue share, reaching a market valuation of US$ 202.8 million.