Vapor Recovery Services

Global Vapor Recovery Services Market to Reach US$432.9 Million by 2030

The global market for Vapor Recovery Services estimated at US$298.2 Million in the year 2024, is expected to reach US$432.9 Million by 2030, growing at a CAGR of 6.4% over the analysis period 2024-2030. Upstream Process, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$276.5 Million by the end of the analysis period. Growth in the Midstream / Downstream Process segment is estimated at 8.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$81.2 Million While China is Forecast to Grow at 9.9% CAGR

The Vapor Recovery Services market in the U.S. is estimated at US$81.2 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$88.2 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.3% and 6.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Global Vapor Recovery Services Market - Key Trends & Drivers Summarized

Why Are Vapor Recovery Services Becoming More Integral to Industrial Operations?

Vapor recovery services play a critical role in capturing volatile organic compounds (VOCs) that are released during the storage, handling, and transportation of hydrocarbons and other volatile fluids. These services are essential in oil terminals, refineries, gas stations, and chemical manufacturing sites where emissions must be minimized for environmental compliance. Vapor recovery units (VRUs) are deployed to prevent the loss of valuable product and reduce atmospheric pollution, particularly in regions with strict air quality regulations. These units help reduce economic losses by recovering fuel vapors that would otherwise be wasted.

Use of vapor recovery services is expanding beyond traditional oil and gas sectors. Applications in chemical processing, solvent recovery, and pharmaceutical manufacturing are emerging, driven by increased awareness of occupational safety and environmental impact. In such contexts, both upstream and downstream industries are evaluating vapor capture technologies as part of broader sustainability initiatives. In addition, service providers are adapting VRU designs to match site-specific operational loads, enabling more flexible deployment across small-scale and modular installations.

How Are Regulations and Emission Norms Shaping Service Demand?

Stringent environmental mandates across developed regions continue to drive adoption of vapor recovery systems. Regulatory bodies are enforcing emission limits on VOCs, benzene, and other hazardous pollutants associated with fuel and solvent handling. Compliance with these rules often requires installation and maintenance of recovery units through specialized service contracts. Service providers offer engineering, installation, inspection, and system retrofitting to meet these legal obligations. Many facilities are now required to demonstrate measurable reductions in fugitive emissions, intensifying demand for continuous monitoring and upkeep services.

In jurisdictions with emission trading schemes or carbon pricing mechanisms, vapor recovery contributes to lower reportable emissions and enhances sustainability scores. Service providers are also being integrated into long-term emission management strategies, particularly in petrochemical storage and transfer operations. In some regions, authorities mandate third-party verification of vapor containment efficiency, further supporting outsourcing of vapor recovery operations. These regulatory frameworks not only ensure compliance but also incentivize businesses to optimize recovery rates through well-managed service contracts.

What Technological Improvements Are Transforming Service Models?

Advancements in vapor recovery technologies are improving capture efficiency, system uptime, and energy consumption profiles. Modern VRUs are equipped with automated controls, real-time sensors, and pressure balancing systems to optimize recovery performance. Membrane-based separation, adsorption techniques, and cryogenic vapor processing are enabling more effective separation of hydrocarbon vapors from air. These technological upgrades reduce maintenance intervals and offer more precise system diagnostics, improving the overall economics of service-based deployments.

Digitalization is also influencing the service delivery model. Predictive maintenance systems integrated into vapor recovery setups are enabling remote diagnostics and real-time performance optimization. Service providers are increasingly offering end-to-end packages that combine equipment leasing, operation, and compliance documentation. Such service-oriented business models are appealing to clients with limited internal engineering capacity. Modular VRUs supported by offsite technical expertise are especially suitable for remote or temporary installations, providing both operational flexibility and regulatory assurance.

What Is Driving Market Growth Across Industries and Geographies?

Growth in the vapor recovery services market is driven by several factors related to emission control mandates, hydrocarbon handling practices, and adoption of automated recovery technologies. Expansion of crude oil storage, terminal operations, and fuel distribution networks across Asia-Pacific, Latin America, and the Middle East is reinforcing demand for vapor capture systems. Industrial zones in these regions are increasingly subject to environmental controls, creating long-term opportunities for service contracts. In parallel, rising urbanization and expansion of fuel retailing infrastructure are necessitating vapor control systems at multiple operational levels. Adoption of modular, transportable recovery systems is also gaining ground in temporary or seasonal storage applications. In developed economies, upgrades to legacy infrastructure and efforts to meet net-zero targets are supporting modernization of vapor management systems. Service providers with capabilities in digital monitoring, compliance support, and on-site engineering are well positioned to meet evolving client needs.

SCOPE OF STUDY:

The report analyzes the Vapor Recovery Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Process (Upstream Process, Midstream / Downstream Process); Operation (New Installations, Operations & Maintenance Services); Application (Marine Loading Application, Storage Tank Vents Application, Railcar & Truck Loading Application)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• AEREON Corp.
• ALMA Group
• Atlas Process Innovation
• Blackmer (a Dover Co.)
• Cimarron Energy, Inc.
• EcoVapor (EcoVaporRS)
• Entech Corporation
• Flogistix LP
• Gardner Denver (now part of Apergy)
• Global Vapor Control, Inc. (GVC)
• Hy-Bon / EDI (Cimarron)
• JessCo Solutions
• John Zink / Hamworthy
• OPW (PSG Dover)
• Petrogas Systems
• Platinum Control
• PSC (Vapor Control)
• SGS SA
• Symex Technologies
• Voczero Ltd.
• Zeeco, Inc.

AI INTEGRATIONS
We`re transforming market and competitive intelligence with validated expert content and AI tools.

Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.

TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.