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Accelerated industrialisation is likely to drive innovation in the manufacturing of oil water separators, propelling the market during the forecast period.

The global oil water separator market is expected to grow from $8.41 billion in 2022 to $8.88 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The global oil water separator market size is expected to reach $10.61 billion in 2027 at a CAGR of 4.5%.

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Global Oil Water Separator Market Segments Include:

• By Type: Above Ground, Below Ground, Marine, API Series-Based Separators, Enhanced Gravity-Based Separators, Pressure-Rated Separators
• By Technology: Gravity, Bioremediation, Electrochemical, Centrifugal, Coalescing
• By Application: Industrial, Marine, Aerospace, Power Generation, Defense, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global oil water separator market in 2021.

Major Market Players in the oil water separator market include Alfa Laval AB, ZCL Composites Inc., Filtration Group Industrial, Containment Solutions Inc., Andritz AG, Parker Hannifin Corp., Donaldson Company Inc., Siemens.

Product innovation is a key trend that is gaining traction in the oil-water separator market. To strengthen their market position, major oil-water separator businesses are focusing on producing innovative products. Walker Filtration, a UK-based developer of compressed air, oil, gas and vacuum purification solutions, for example, unveiled the SmartSep Oil Water Separator, specifically built for condensate processing, in September 2022. Using cutting-edge filtration and sensing technologies, the SmartSep Oil-Water Separator refines hydrocarbon condensate for safe disposal. The SmartSep, which includes organoclay filter cartridges and easy-to-change polypropylene bags, can yield oil traces as low as 5 ppm. The ingenious design of the device adjusts to the various flows and climates of compressed air producing systems. SmartSep’s advanced technology provides outstanding filtering to protect the environment and ensures clean condensate suited for disposal.

The Oil Water Separator Global Market Report 2023  provides a oil water separator market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oil water separator market forecast analyzes oil water separator market size, oil water separator market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

In industrial or commercial contexts, as well as in situations where water may become contaminated with oil, an oil water separator is a piece of equipment used to filter wastewater by separating oils, grease, and hydrocarbons. It is based on differences in spacing and density.

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