- Oil skimmer wastewater treatment works as an oil separator in industrial discharged wastewater.
- The product picks up certain amount of water and separates the oil from it.
Key Drivers of the Global Oil Skimmers-Wastewater Treatment Market
- Rising number of government regulations pertaining to wastewater management at the global level is driving the growth of the oil skimmers-wastewater treatment market. Several countries including the U.S., Germany, France, UK, Italy, Belgium, the Czech Republic, Greece, and Portugal have created strict policies to decrease oil percentage in industrial water discharge.
- Medium and large scale companies are investing heavily in wastewater management and water recycle plants. Different global level NGOs are working on campaigns to create awareness about wastewater management. Oil skimmers are considered a key part of water treatment. This factor is likely to drive the growth of the oil skimmers-wastewater treatment market.
Rising Investment from Government Sector to Create New Market Opportunities
- Governments of different developing countries are investing in oil skimmers-wastewater treatment installation in rural and metro cities. Developing countries are encouraging large corporate houses to invest in oil skimmers-wastewater treatment activities. These factors can create new opportunities in the oil skimmers-wastewater treatment market during the forecast period 2024 to 2030.
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High Bargaining Power of Buyers to Restrict Market Growth
- Oil skimmers-wastewater treatment is available in the market with a large product range. Moreover, many small-scale manufacturers offer this product at a lower price. Thus, bargaining power of buyers is very high. This slows down the market for key suppliers of oil skimmers-wastewater treatment.
Asia Pacific the Dominant Market for Oil Skimmers-Wastewater Treatment
- Asia Pacific was the dominant oil skimmers-wastewater treatment market in 2019. North America and Europe accounted for significant share of the oil skimmers-wastewater treatment market, with major players operating their global market from these regions.
- Many small & medium companies offering oil skimmers-wastewater treatment are present in North America, Asia Pacific, and Latin America. Germany and China are the hubs for oil skimmers-wastewater treatment manufacturers. Demand for oil skimmers-wastewater treatment is significant in countries of Middle East & Africa. Key markets for oil skimmers-wastewater treatment in Middle East & Africa are the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain.
Key Players Operating in the Global Oil Skimmers-Wastewater Treatment Market
The global oil skimmers-wastewater treatment market is fragmented in nature. Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the key players operating in the global oil skimmers-wastewater treatment market are listed below:
- Abanaki Corporation
- Atlas Precision Tools (India) Co.
- DESMI A/S
- ECOS
- FRIESS Gmbh
- KEM Co. Ltd.
- Megator
- SkimOIL, INC.
- Vens Hydroluft
- Zebra Skimmers Corporation
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Global Oil Skimmers-Wastewater Treatment Market: Research Scope
Global Oil Skimmers-Wastewater Treatment Market, by Product
- Belt Oil Skimmers
- Disc Oil Skimmers
- Others
Global Oil Skimmers-Wastewater Treatment Market, by Type
- Oleophilic Skimmers
- Non-oleophilic Skimmers
Global Surface Grinding Machine Market, by Distribution Channel
- Online
- Offline
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