FMI: Vapor Recovery Units Market Revenue, Opportunity, Forecast and Value Chain 2015-2025
The vapor recovery units captures the light hydrocarbons and other volatile organic compounds (VOC) that generally escape, and stores these environmental hazardous substances in a space between the liquid and fixed roof of the storage tanks. The complete operation of vapor recovery units is controlled through a PLC using a smart pressure transmitter as the main control device. The main operational components of vapor recovery units consists of a transfer pump, control pilot, suction scrubber, rotary compressor and bypass valves along with a gas sales meter. The global market for vapor recovery units has become more diversified in the recent years. New developments and expansions in the emission regulations has created the need for more complex, larger and specialized units. The global vapor recovery units market is anticipated to witness a significant growth in the coming years as they can yield generous results when there are market outlets for recovered gas.
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