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Automated Oil Tank Cleaning System Market: 4.21% CAGR to 2021, Drivers and Challenges

Press Release   •   Aug 11, 2017 01:39 EDT

The Automated Oil Tank Cleaning System Market structure constitutes automated oil tank cleaning manufacturers that design and manufacture machines for end-users, which include oil industry players in upstream, midstream, and downstream applications. Owing to the high cost involved in buying automated oil tank cleaning systems, end-users prefer to outsource the entire operation of tank cleaning to service providers on the basis of contracts.

The analysts forecast automated oil tank cleaning system market in EMEA to grow at a CAGR of 4.21% during the period 2017-2021.

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This report covers the present scenario and the growth prospects of the Automated Oil Tank Cleaning System Market in EMEA for 2017-2021. To calculate the market size, the report considers new installations, sales, volume, value and retrofit, replacement, spares, aftermarket services market.

The market is divided into the following segments based on geography:

Europe

Middle East

Africa

Automated Oil Tank Cleaning System Market in EMEA 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.

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Key vendors

  • Veolia Environnement
  • Oreco A/S
  • M-I SWACO
  • Scanjet Systems
  • Alfa Laval

Other prominent vendors

  • AL Ghaith Oilfield Supplies & Services
  • ARKOIL Technologies
  • Tank Cleaning Technologies
  • Butterworth
  • KMT International

Market driver

  • Increasing investments in oil storage tanks
  • For a full, detailed list, view our report

Market challenge

  • Stagnant oil industry
  • For a full, detailed list, view our report

Market trend

  • Increasing market for tank cleaning systems as a service
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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