Vapor Recovery Units Market Size, Share, and Growth Factors
Vapor Recovery Units Market Overview: Vapor Recovery Units Market size is predicted to grow at a 4% CAGR during the forecast period. Vapor recovery units (VRUs) are systems used in the oil and gas industry to recover vapors that are produced during the transfer of crude oil, gasoline, and other volatile organic compounds. These vapors are collected, processed, and then reused or sold, helping to reduce emissions and improve environmental sustainability. Global Vapor Recovery Units Market is projected to grow at a high rate during the forecast period, primarily due to the stringent environmental regulations for VOC emissions. Moreover, oil storage opportunities in the countries of the Middle East & Africa are expected to present a growth opportunity for the vapor recovery units market. Volatile organic compounds (VOCs) are the chemicals that vaporize at room temperature and are the major reason for ground-level air pollution. Stringent environmental regulations have been impose...