Market Brief
Technavio: Oil & Gas Separator Market to Grow 3% per Year through 2023, an Industrial Info Market Brief
The global oil and gas separator market is expected to grow at compound annual growth rate (CARG) of 3% between 2019-2023, according to Technavio. The market's growth depends on rising production of hydrocarbons from unconventional sources
Released Monday, June 17, 2019
The global oil and gas separator market is expected to grow at compound annual growth rate (CAGR) of 3% between 2019-2023, according to market research firm Technavio. The market's growth depends on rising production of hydrocarbons from unconventional sources. Separators are widely used in wellhead-based production to separate oil, gas and water from the extracted mixture.
Industrial Info is tracking nearly 6,000 capital projects in the global Oil & Gas Production Industry, worth $1.51 trillion. Click here for a list, and see graph below for a breakdown by industry sector.
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