Overview of the global industrial fractionating columns market
According to Technavio’s market research report, the growth in the global refinery capacity will be one of the major factors that will have a positive impact on the global industrial fractionating columns market during the forecast period. Our market research analysts predict that this market will post a revenue growth of more than USD 1.2 billion by 2022. The oil and gas industry is the largest user of industrial fractionating columns. These columns are increasingly used in petroleum refineries to differentiate components of complex crude mixtures, such as gasoline and diesel. The growth in global refining capacity will drive the demand for industrial fractionating columns by 2022.
The implementation of modular column unit design is one of the key trends that will contribute to the market’s growth in the forthcoming years. The modular process design comprises of design and fabrication of discrete, self-contained units or portable skids that can be easily stacked or fitted at the construction or plant site to form a whole fractionating unit. Advantages such as lesser lead time and faster delivery and improved safety and quality will drive the usage of modular column unit designs by manufacturers in the market.
Companies covered
Characterized by the presence of several players, the industrial fractionating columns market appears to be fragmented. This industry research report offers information about the competitive environment among players in the industrial distillation column market and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and strategies they follow to sustain the competition.
This research report provides an analysis of various companies in this market including
- Babcock & Wilcox Enterprises
- IDESA
- Larsen & Toubro
- Morimatsu group
- Sumitomo Heavy Industries
- TOYO Engineering
Segmentation by application and analysis of the industrial fractionating columns market
- Oil and gas
- Chemicals and petrochemicals
The oil and gas application segment accounted for the industrial fractionating columns market during 2017. Our industry analysis experts predict that this segment will continue to lead the market during the forecast period.
Geographical segmentation and analysis of the industrial fractionating columns market
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period. Factors such as the growing demand for refined fuels from the automotive and power generation industries will drive the market’s growth in the region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global industrial fractionating columns market?
- What are the key market trends impacting the growth of the global industrial fractionating columns market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial fractionating columns market?
- What are the market opportunities and threats faced by the vendors in the global industrial fractionating columns market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global industrial fractionating columns market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Oil and gas – Market size and forecast 2017-2022
- Chemicals and petrochemicals – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by application
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Adoption of modular column unit design
- Product innovation to improve energy efficiency
- Growth in natural gas processing industries
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Babcock & Wilcox Enterprises
- IDESA
- Larsen & Toubro
- Morimatsu group
- Sumitomo Heavy Industries
- TOYO Engineering
PART 16: APPENDIX