Middle East & Africa Vapor Recovery Units Market, By Region/Country (USD Million)

Year UAE SAUDI ARABIA SOUTH AFRICA REST OF MIDDLE EAST & AFRICA
2018 $ 13.6 $ 23.4 $ 10.8 $ 16.4
2019 $ 14.0 $ 24.5 $ 11.2 $ 16.9
2020 $ 14.4 $ 25.6 $ 11.5 $ 17.4
2021 $ 14.9 $ 26.8 $ 12.0 $ 18.1
2022 $ 15.4 $ 28.1 $ 12.4 $ 18.7
2023 $ 15.9 $ 29.5 $ 12.9 $ 19.4
2024 $ 16.6 $ 31.1 $ 13.5 $ 20.3
2025 $ 17.2 $ 32.8 $ 14.0 $ 21.1
2026 $ 17.9 $ 34.7 $ 14.7 $ 22.0
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
Middle East & Africa Vapor Recovery Units Market, By Region/Country (USD Million)

Synopsis
The above chart is Middle East & Africa Vapor Recovery Units Market, By Region/Country (USD Million)

Market Dynamics

the middle east & africa vapor recovery units market is witnessing significant growth due to the increasing awareness about environmental protection and strict government regulations. the region is home to some of the largest oil and gas producing countries in the world, such as saudi arabia, iran, and the uae, which have a significant impact on the demand for vapor recovery units in the region. the middle east is one of the leading regions in terms of oil and gas production, which makes it a key market for vapor recovery units. the region is witnessing a rapid increase in the adoption of vapor recovery units to reduce air pollution and emissions from oil and gas facilities. this is mainly driven by the stringent environmental regulations in the region, which require oil and gas companies to control and reduce their emissions. in addition, the middle east is also a major hub for petrochemical industries, which further drives the demand for vapor recovery units. the petrochemical plants in the region are required to comply with emission regulations, which has led to the widespread adoption of vapor recovery units to capture and recover vapors from storage tanks, loading and unloading facilities, and other process vents. the africa vapor recovery units market is also witnessing a positive growth trend due to the increasing focus on reducing emissions from the oil and gas sector. countries such as nigeria, angola, and egypt are major oil and gas producers in the region, and they are investing in vapor recovery units to meet stringent environmental regulations and reduce the impact of their operations on the environment. moreover, the growth of unconventional oil and gas resources in the region, such as shale gas, is also expected to contribute to the demand for vapor recovery units. these resources require advanced technologies to capture and recover vapors during production and transportation processes, which is expected to drive the market for vapor recovery units in the region. in conclusion, the middle east & africa vapor recovery units market is witnessing significant growth due to the increasing focus on environmental protection and strict regulations for reducing emissions from oil and gas facilities. the region's oil and gas production, petrochemical industries, and unconventional resources are expected to continue driving the demand for vapor recovery units in the foreseeable future.

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