Global Vapor Recovery Units Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Vapor Recovery Units Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A Vapor Recovery Unit (VRU) is a set-up designed to remove unwanted vapors present in crude oil or distillate tanks allowing operators to comply with prevailing emission regulations.

According to our (Global Info Research) latest study, the global Vapor Recovery Units market size was valued at US$ 448 million in 2023 and is forecast to a readjusted size of USD 587 million by 2030 with a CAGR of 4.0% during review period.

Vapor Recovery Units are mainly classified into the following types: Less than 500m3/h, 500-2000m3/h and More than 2000m3/h. Less than 500m3/h is the most widely used type which take up above 82% of the total sales in 2019.

Vapor Recovery Units have wide range of applications, such as Gas Station, Tank Truck, Oilfield & Oil Refinery, Oil Depot and Other. Gas Station was the most widely used area which took up about 64% of the global total in 2019.

North America is the largest region of Vapor Recovery Units in the world in the past few years, which took up above 34% the global market in 2019.

Aereon, Bay Environmental Technology (Beijing) Corp., Zeeco, Cool Sorption, John Zink Hamworthy (Koch Industries), etc. are the key suppliers in the global Vapor Recovery Units market. Top 5 took up around 20% of the total sales in 2019.

This report is a detailed and comprehensive analysis for global Vapor Recovery Units market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Vapor Recovery Units market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Vapor Recovery Units market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Vapor Recovery Units market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Vapor Recovery Units market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Vapor Recovery Units

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Vapor Recovery Units market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alma Group, Borsig (KNM Group Berhad), John Zink Hamworthy (Koch Industries), Symex, Aereon, Cool Sorption, VOCZero, Zeeco, Unimac (Air Mac), Kappa GI, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Vapor Recovery Units market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Less than 500 m3/h
500-2000 m3/h
More than 2000 m3/h

Market segment by Application
Gas Station
Tank Truck
Oilfield & Oil Refinery
Oil Depot

Major players covered
Alma Group
Borsig (KNM Group Berhad)
John Zink Hamworthy (Koch Industries)
Symex
Aereon
Cool Sorption
VOCZero
Zeeco
Unimac (Air Mac)
Kappa GI
Kilburn Engineering
S&S Technical
Platinum Control
OTA Compression
Flotech Performance Systems
Blackmer (PSG)
PetroGas Systems
AQT
CORKEN
Bay Environmental Technology (Beijing) Corp.
Jiangsu Golden Gate Energy & Equipment Co., Ltd
Shenzhen Autoware Science&Technology Co.,Ltd

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vapor Recovery Units product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vapor Recovery Units, with price, sales quantity, revenue, and global market share of Vapor Recovery Units from 2019 to 2024.

Chapter 3, the Vapor Recovery Units competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vapor Recovery Units breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Vapor Recovery Units market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vapor Recovery Units.

Chapter 14 and 15, to describe Vapor Recovery Units sales channel, distributors, customers, research findings and conclusion.