Asia-Pacific Vapor Recovery Units Market, By Horsepower (USD Million)

Year UP TO 50 HP 51 TO 200 HP 201 TO 500 HP 501 TO 1000 HP ABOVE 1000 HP
2018 $ 77.2 $ 52.1 $ 44.4 $ 28.6 $ 22.9
2019 $ 82.1 $ 54.5 $ 46.3 $ 29.7 $ 23.7
2020 $ 87.3 $ 57.1 $ 48.3 $ 30.8 $ 24.5
2021 $ 93.0 $ 59.8 $ 50.6 $ 32.1 $ 25.5
2022 $ 99.2 $ 62.9 $ 53.0 $ 33.5 $ 26.5
2023 $ 105.9 $ 66.1 $ 55.5 $ 35.0 $ 27.6
2024 $ 113.5 $ 69.9 $ 58.5 $ 36.7 $ 28.8
2025 $ 121.7 $ 73.8 $ 61.6 $ 38.5 $ 30.1
2026 $ 130.4 $ 78.0 $ 64.9 $ 40.4 $ 31.5
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
Asia-Pacific Vapor Recovery Units Market, By Horsepower (USD Million)

Synopsis
The above chart is Asia-Pacific Vapor Recovery Units Market, By Horsepower (USD Million)

Market Dynamics

the asia-pacific vapor recovery units market is witnessing a significant demand in recent years, driven by the growing concern over environmental pollution and stringent regulations imposed by governments to reduce emissions from industrial processes. vapor recovery units (vrus) are designed to capture and recover vapors to prevent them from being released into the atmosphere during the loading, unloading, and storage of crude oil, gasoline, diesel, and other volatile organic compounds (vocs). one of the major drivers of the asia-pacific vapor recovery units market is the increasing demand for clean and sustainable energy sources. with the rapid economic growth and industrialization in countries like china and india, the demand for energy has been on the rise, leading to an increase in the production and consumption of oil and gas. this, in turn, has resulted in stricter regulations in the region to control emissions from industrial processes, thereby boosting the demand for vapor recovery units. moreover, the rising awareness about the harmful effects of air pollution on human health and the environment has also contributed to the demand for vrus. according to the world health organization (who), air pollution is responsible for over 4.2 million deaths every year in the asia-pacific region. this has prompted governments to implement emission control measures to protect the health of their citizens, further fueling the demand for vapor recovery units in the industrial sector. furthermore, the increasing adoption of vrus by oil and gas companies to increase efficiency and reduce operating costs is also propelling the growth of the market in the region. vrus not only help in reducing emissions but also aid in recovering valuable hydrocarbons that can be sold or reused, resulting in cost savings for companies. apart from the oil and gas sector, the asia-pacific vapor recovery units market is also witnessing a rise in demand from other industries such as petrochemicals, pharmaceuticals, and chemicals, which use large amounts of volatile organic compounds in their processes. this is further driving the growth of the market in the region. in conclusion, with the growing emphasis on environmental sustainability and the need for emission control in the industrial sector, the asia-pacific vapor recovery units market is expected to witness steady growth in the coming years, driven by increasing demand for clean and sustainable energy sources.

Further Content:You might find this interesting as well

Industries List

OTHER STATISTICS ON THE TOPIC

No Simillar Charts
SINGLE SEAT SOLUTIONS FOR INDIVIDUALS AND SMALL BUSINESSES
Efficient research: Relevant data available at a click

Starter Account

$49 USD/month

* Billed Annually

  • Download XLS, PNG & PPT
  • View Access to 1 Million Data
  • View Access to Entire Platform

Single User Account

$599 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Download XLS, PNG & PPT
  • View access to 2 million data
  • View Access to Entire Platform

Business Account

$899 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • Suggestive request box to accommodate new markets during subscription period
  • Access to the entire data & statistics with download rights for up to 10000 Premium statistics per 12 months without publication rights
  • View Access to Entire Platform
CONTACT

Closebutton

Stay Ahead with Exclusive Data!

Subscribe Now to Access Our Market Research Platform,and Charts
for B2B and B2C Industries. Empower Your Business with Insights