In 2025 the global vapor recovery units market is estimated to be USD 1.22 billion. It is projected to grow at a CAGR of 2.9% during the forecast period. By 2030, the market is projected to reach USD 1.41 billion. The vapor recovery units market is growing due to industries like oil & gas, chemicals & petrochemicals, pharmaceuticals, and manufacturing needing these vapor recovery units to minimize emissions and maximize efficiency. Growing environmental regulations, the push for sustainability, and advancements in recovery technologies are further fueling market growth.
The demand for vapor recovery units is mainly furnished by global players manufacturing for various end-use applications. The major players in the vapor recovery units market with a significant global presence are Dover Corporation (US), Cimarron Energy, Inc. (US), PETROGAS Systems (US), John Zink (US), and Zeeco, Inc. (US). The market players have adopted various strategies such as product launches, expansions, agreements, and acquisitions, to strengthen their position in the vapor recovery units market.
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In July 2024, Dover Corporation acquired Demaco Holland B.V. as part of OPW's Clean Energy Solutions segment. In January 2024, Cimarron Energy, Inc. teamed up with CleanConnect.ai to roll out a state-of-the-art emissions management and performance optimization platform.
Dover Corporation (US) is a worldwide manufacturer and solutions provider of advanced equipment, components, software, and services. It has five business divisions: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The company supplies products and services to various industries including vehicle aftermarket, waste management, aerospace, fueling, cryogenic gas handling, pharmaceutical marking, biopharmaceutical manufacturing, chemical processing, and commercial refrigeration. Its Clean Energy & Fueling business unit specializes in safe and reliable fuel storage, transportation, and dispensing, while the Pumps & Process Solutions business unit offers specialty pumps and fluid management systems. Its Climate & Sustainability Technologies segment specializes in energy-saving equipment for refrigeration and HVAC applications. Blackmer and OPW, which are subsidiaries of Dover, offer vapor recovery units (VRUs). With 325 locations globally, such as production facilities, distribution centers, and sales offices, Dover provides solutions through innovative applications in various markets.
Cimarron Energy, Inc. (US) is a leading oil and natural gas production and processing equipment manufacturer. The company's product portfolio includes Sytelink360 real-time data monitoring, emissions management solutions, production & processing equipment, and aftermarket parts & field services. The company offers skid-mounted vapor recovery units, which comprise oil-flooded screw compressors. These units are used to capture flash gas from storage tanks or other sources in the location. The company operates globally, serving customers in over 45 countries from key operational centers in the US, Italy, India, the UK, and the UAE. The company sells its products to numerous end-users, including oil & natural gas, energy storage and distribution, renewables and biogas, coal mine methane, and other industries.
PETROGAS Systems (US) is a leading company in the engineering, designing, and fabrication of modular gas processing systems for the oil & gas sector. PETROGAS Systems provides vapor recovery technologies to the oil & gas sector to recover emissions utilizing absorption, refrigeration, or adsorption. The units are employed in applications such as oil tank vapors, marine loading terminals, storage terminals, truck loading, railcar loading, barge degassing, and vapor particulate filters. The firm is safe and environmentally responsible, providing vapor recovery systems that process more than 150 volatile organic compounds (VOCs) and hazardous air pollutants (HAPs) without generating waste byproducts or harmful emissions. The firm has a presence in Asia Pacific, Africa, and North America.
John Zink (US), a Koch Engineered Solutions company, is a world leader in emission control and industrial combustion solutions. It specializes in cutting-edge solutions to minimize emissions, eliminate contaminants, and maximize operational efficiency across industries like oil & gas. The company has a wide portfolio of products that range from process burners to boiler burners, flare systems, vapor control systems, landfill & biogas, flare gas recovery, thermal oxidizers, air heaters & recuperators, and sulfur solutions. The firm provides its products & solutions to various markets, including refining, petrochemical & chemical, power & utilities, distribution & terminals, renewable natural gas, reforming, marine & offshore, gas processing, and liquefied natural gas. The firm has several global hubs and dozens of partners, representatives, and facilities in more than 50 countries.
Zeeco Inc. (US), has become one of the leaders worldwide in the design and manufacture of advanced combustion and environmental solutions. Zeeco's product offerings include ultra-low-NOx industrial burners, flare systems, thermal oxidizers, vapor control systems, and combustion electronics for refining, petrochemical, LNG, power, pharmaceutical, and biogas applications. The company also offers comprehensive aftermarket parts, services, engineered solutions, and rental equipment to address varied customer needs. It has a presence in over 20 nations across North America, South America, Europe, Middle East & Africa, and Asia Pacific.
MARKET RANKING
Market ranking refers to the share of leading companies in the vapor recovery units market, based on their product offerings, geographical presence, and business strategies. The market for vapor recovery units is competitive, with players using different strategies to increase their operations. Dover Corporation is among the leading companies because of its long history of being in the market and extensive business operations in all geographical areas. Dover Corporation provides advanced vapor recovery units for fuel and chemical processing. Cimarron Energy offers emission control technology, such as high-efficiency vapor recovery units for the oil & gas industry. PETROGAS Systems offers customized vapor recovery units for natural gas treatment and refining. John Zink and Zeeco are known to be specialists in combustion and emission control, and they supply high-performance vapor recovery units to mitigate environmental impact.
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Vapor Recovery Units Market by Type (Adsorption, Absorption, Condensation, and Membrane Separation), Application (Processing, Storage, and Transportation), End-use Industry (Oil & Gas, and Chemicals & Petrochemicals), and Region - Global Forecast to 2030
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