Global High-Pressure Oil and Gas Separator Market,

Dublin, Jan. 09, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global High-Pressure Oil and Gas Separator Market 2017-2021" report to their offering. The global HPOGS market to grow at a CAGR of 1.24% during the period 2017-2021.

Global HPOGS Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenues generated from the sale of the HPOGS and estimated from the number of oil and gas exploration rigs operational worldwide.

The global HPOGS market is highly reliant upon the state of the global oil industry and the crude oil prices. The primary use of the product is concentrated in the upstream oil and gas industry. The recent rout in the global crude prices, leading to a reduction in drilling activities, is expected to have a significant effect on the course and the high-pressure separator market over the forecast period. The recent fall in the crude oil prices in the oil and gas industry has led to a decrease in rig counts globally. This has hampered the global HPOGS market negatively. For instance, Baker Hughes reduced rotary rigs by 21 to 934 in September 2016 from May 2016. This is 206 rigs lower than September 2015. The drastic reduction in the number of operational rigs can be attributed to weakened oil prices and increased rig efficiencies. Huge cuts in the capital budget of E&P companies have directly impacted the number of operational rigs.

Many rigs have been put on idle or shutdown mode. On the other hand, between 2008 to 2015, the oil and gas production in the US increased while the number of rigs operated decreased. The rigs that are being manufactured currently are technologically more advanced and efficient. Over 2016-2020, the rig count is predicted to decrease until 2017. It is expected to stabilize after 2017 and increase in 2019 and 2020. Key vendors

• Alfa Laval
• FMC Technologies
• Frames Energy Systems
• Halliburton
• M-I SWACO

Other prominent vendors

• ACS Manufacturing
• AMACS
• Burgess-Manning
• Cameron
• eProcess Technologies
• Exterran
• Grand Prix Engineering
• HAT International
• HYDRASEP
• Kirk Process Solutions
• Kubco Decanter Services
• KW International
• Metano Impianti
• China Oil HBP Technology Group
• Oil Water Separator Technologies
• Peerless Europe Limited
• Separator Spares & Equipment
• Sepco Process
• SMICO Manufacturing
• SOPAN O&M Company
• Stanley Filter Company
• Sulzer (previously ASCOM)
• Surface Equipment Corporation
• Zeta-Pdm

Key Topics Covered: Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Introduction Part 05: Market landscape Part 06: Market segmentation by vessel type Part 07: Market segmentation by application Part 08: Geographical segmentation Part 09: Market drivers Part 10: Impact of drivers Part 11: Market challenges Part 12: Impact of drivers and challenges Part 13: Market trends Part 14: Vendor landscape Part 15: Key vendor analysis Part 16: Appendix For more information about this report visit http://www.researchandmarkets.com/research/4kh6jk/global

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