Global Marine Oil Water Separator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Marine Oil Water Separator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An oil water separator (OWS) (marine) is a piece of equipment specific to the marine industry. It is used to separate oil and water mixtures into their separate components. They are used on board ships where they are used to separate oil from oily wastewater such as bilge water before the wastewater is discharged into the environment. And the oil-water separator is used to ensure that the oil content in the bilge water is minimal or below the specified limit.

Market Overview:

The latest research study on the global Marine Oil Water Separator market finds that the global Marine Oil Water Separator market reached a value of USD 370.53 million in 2022. It’s expected that the market will achieve USD 471.9 million by 2028, exhibiting a CAGR of 4.11% during the forecast period.

Short-term Impact

The epidemic has caused the industry to stagnate in the short term. COVID-19 has affected the resumption time, logistics cycle, and the resumption time of upstream and downstream companies in a large number of companies in the marine oil water separator industry, especially in the downstream field that the downstream companies are affected by the epidemic. The marine oil water separator company’s procurement, production, and sales activities have been affected to a certain extent in the short term due to the suspension of work and the postponement of the approvals.

The marine oil water separator company's production and operations require different types of parts and raw materials, of which a small number of parts and raw materials are relatively limited. If the original supplier stops production due to the epidemic, it will be difficult to switch to a new supplier in a short time and at a low cost. If the company’s main suppliers’ supply terms are significantly adjusted, production is suspended, delivery capacity decreases, or major trade frictions or tariff increases occur, it may adversely affect the stability, timeliness, and prices of the company’s parts and raw materials supply, thereby affecting marine oil water separator players production and operation.

Long-term Impact

In the long run, the epidemic will promote the further development of smart factories and digital transformation. The epidemic has brought a great operational crisis to marine oil water separator companies. In the long run, more companies will promote automation and flexible production in order to cope with the crisis, and companies will hire more high-tech talents and high-skilled and multi-skilled personnel. Compound workers, reduce dependence on labor, and better respond to labor fluctuations. More and more attention will also be paid to the standardization of parts and components of marine oil water separator, intelligent logistics, and strengthening the anti-risk ability of the supply chain. At the same time, digital transformation and remote intelligent services will be actively used, and the deep level of digital technology will be applied to the marine oil water separator industry. This helps to improve the efficiency of employee collaboration, grasp the key elements that promote business growth, more efficiently respond to market demand fluctuations, and achieve product launch innovations; while remote intelligent services based on the industrial Internet provide remote guidance through AR, AI and other technologies , Early warning of faults in the operating status monitoring of marine oil water separator production equipment can effectively drive the long-term development of the industry in the long run.

Demand-driven technological change

The deep waters are rich in oil and gas resources and have become a hot oil and gas exploration field in the world. In order to meet the needs of deep-water oil field development, it is necessary to make a fundamental change in the technology of subsea oil and water separation under the premise of risk permitting. In recent years, International Petroleum Corporation has invested heavily in related research and development and application experiments. At this stage, in order to meet the needs of deep-water oilfield development, various countries are paying great attention to underwater oil-water separation technology, and are gradually developing towards efficient separation technology. Its control operation and safety assurance are key research contents.

The separation technology will be affected by water pressure and water temperature

External factors will have a certain impact on the separation. As the water depth continues to increase, the external pressure that the shell of the oil-water separator can withstand is also increasing. For example, when the water depth exceeds 600-800 meters, the external pressure that needs to be withstood reaches 6 meters Pa, and the wall thickness of the separator needs to be increased to resist the excessive water pressure. While increasing the thickness of the separator, it is necessary to improve the processing, welding, heat treatment and underwater installation technical capabilities of the oil-water separator to ensure the safe operation of the separator. In addition, the temperature drop will have an adverse effect on oil-water separation. The temperature of the water on the seafloor is about 2 to 4 degrees Celsius. It is difficult to heat the produced fluid on the seafloor. Therefore, the viscosity of crude oil at this temperature is low, which is not conducive to oil-water separation.

Insufficient tracking and supervision of ship's oily water returning

At present, because the treatment of ship sewage water is not free, especially when dealing with high-concentration oily sewage from ships, because of its high treatment costs, many criminals are driven by economic interests to take no treatment at all or directly remove high-concentration oil Sewage is discharged into rivers and oceans, and then the waste oil containing a small amount of water is sold to some companies that need fuel (such as brick factories, etc.) for low-value fuel, and high illegal profits are made from it, making it a link in pollution control Instead, it became the source of pollution. The lack of a regulatory system will not only lead to pollution of the marine environment but also reduce the demand for Marine Oil Water Separator.

Region Overview:

In 2022, the share of the Marine Oil Water Separator market in Europe stood at 40.05%.

Company Overview:

Wartsila is one of the major players operating in the Marine Oil Water Separator market, holding a share of 5.71% in 2023.

Wartsila

Wärtsilä Oyj Abp, trading internationally as Wärtsilä Corporation is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets.

SKF

SKF AB develops, produces, and markets products, solutions, and services in the rolling bearing and seal business. The Company's product line includes ball and roller bearings, specialty bearings, sealing systems, linear motion products, tools for mounting and dismounting bearings, and measuring and monitoring instruments.

Segmentation Overview:

Among different product types, Gravity Oil Water Separator segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Shipping & Marine industry, with a market share of 56.27% in 2022.

Key Companies in the global Marine Oil Water Separator market covered in Chapter 3:

SKF
Sulzer
Wartsila
JOWA AB
Alfa Laval
HSN-KIKAI KOGYO
Veolia
Promac
PS International
Compass Water Solutions
Kanagawa Kiki Kogyo
Victor Marine
Oleology

In Chapter 4 and Chapter 14.2, on the basis of types, the Marine Oil Water Separator market from 2018 to 2029 is primarily split into:

Gravity Oil Water Separator
Electrochemical Oil Water Separator
Bioremediation Oil Water Separator
Centrifugal Oil Water Separator
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Marine Oil Water Separator market from 2018 to 2029 covers:

Military
Shipping & Marine industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)