Vapor Recovery Units Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
Description
The Global Vapor Recovery Units Market was valued at USD 1.38 billion in 2024 and is estimated to grow at a CAGR of 5.4% to reach USD 2.31 billion by 2034.
Growth in the market is driven by stringent environmental regulations, increasing demand for volatile organic compound (VOC) and methane emission control, and the rapid expansion of the oil & gas and chemical industries. As governments across the world tighten emission standards, industries are increasingly investing in VRU systems to enhance operational sustainability while reducing product loss. Moreover, the integration of digital monitoring technologies and AI-driven predictive maintenance is enhancing system reliability, efficiency, and compliance across facilities.
By technology, the adsorption-based VRU segment generated USD 462.2 million in 2024. Adsorption systems are highly favored for their superior efficiency in capturing VOCs using activated carbon or zeolite materials, offering significant flexibility across diverse industrial applications such as refining, fuel storage, and petrochemical processing. Continuous advancements in adsorbent materials, such as nanostructured carbons and metal-organic frameworks, are improving recovery rates and reducing regeneration costs. The modular design and scalability of adsorption VRUs make them suitable for both large-scale installations and decentralized setups, further fueling segmental growth.
In terms of application, the storage segment is expected to reach USD 591.6 million in 2024. The widespread deployment of VRUs at storage terminals, tank farms, and fuel depots is being propelled by regulatory mandates targeting fugitive emissions. These systems play a crucial role in capturing hydrocarbons that would otherwise escape during storage and transfer operations, improving both environmental safety and economic efficiency. With the expansion of global fuel logistics networks, industries are adopting advanced storage VRUs integrated with IoT-based monitoring systems to ensure real-time performance tracking and leak prevention.
North America Vapor Recovery Units Market reached USD 480.2 million in 2024. The region’s leadership stems from the strong presence of the oil & gas industry, strict environmental compliance enforced by the U.S. Environmental Protection Agency (EPA), and growing emphasis on methane emission reduction. U.S. refiners, midstream operators, and chemical manufacturers are increasingly integrating high-efficiency and modular VRUs to enhance sustainability and reduce operational costs. Additionally, the development of smart VRU systems with integrated SCADA and IoT capabilities is strengthening the region’s technological edge in emission control solutions.
Key players in the Global Vapor Recovery Units Market include Ingersoll Rand, Cimarron Energy, Zeeco Inc., PSG Dover, ALMA Group, BORSIG, VOCZero, Cool Sorption, PETROGAS, and KAPPA GI. Leading players in the global vapor recovery units market are emphasizing technological innovation, vertical integration, and sustainability-driven product development to strengthen their market presence. Companies such as Ingersoll Rand, Cimarron Energy, Zeeco, and PSG Dover are expanding their product portfolios with hybrid VRU technologies that combine adsorption, absorption, and compression systems to address complex vapor profiles. Many are investing in AI-based diagnostics, remote monitoring, and modular system design to improve operational flexibility and energy efficiency.
Growth in the market is driven by stringent environmental regulations, increasing demand for volatile organic compound (VOC) and methane emission control, and the rapid expansion of the oil & gas and chemical industries. As governments across the world tighten emission standards, industries are increasingly investing in VRU systems to enhance operational sustainability while reducing product loss. Moreover, the integration of digital monitoring technologies and AI-driven predictive maintenance is enhancing system reliability, efficiency, and compliance across facilities.
By technology, the adsorption-based VRU segment generated USD 462.2 million in 2024. Adsorption systems are highly favored for their superior efficiency in capturing VOCs using activated carbon or zeolite materials, offering significant flexibility across diverse industrial applications such as refining, fuel storage, and petrochemical processing. Continuous advancements in adsorbent materials, such as nanostructured carbons and metal-organic frameworks, are improving recovery rates and reducing regeneration costs. The modular design and scalability of adsorption VRUs make them suitable for both large-scale installations and decentralized setups, further fueling segmental growth.
In terms of application, the storage segment is expected to reach USD 591.6 million in 2024. The widespread deployment of VRUs at storage terminals, tank farms, and fuel depots is being propelled by regulatory mandates targeting fugitive emissions. These systems play a crucial role in capturing hydrocarbons that would otherwise escape during storage and transfer operations, improving both environmental safety and economic efficiency. With the expansion of global fuel logistics networks, industries are adopting advanced storage VRUs integrated with IoT-based monitoring systems to ensure real-time performance tracking and leak prevention.
North America Vapor Recovery Units Market reached USD 480.2 million in 2024. The region’s leadership stems from the strong presence of the oil & gas industry, strict environmental compliance enforced by the U.S. Environmental Protection Agency (EPA), and growing emphasis on methane emission reduction. U.S. refiners, midstream operators, and chemical manufacturers are increasingly integrating high-efficiency and modular VRUs to enhance sustainability and reduce operational costs. Additionally, the development of smart VRU systems with integrated SCADA and IoT capabilities is strengthening the region’s technological edge in emission control solutions.
Key players in the Global Vapor Recovery Units Market include Ingersoll Rand, Cimarron Energy, Zeeco Inc., PSG Dover, ALMA Group, BORSIG, VOCZero, Cool Sorption, PETROGAS, and KAPPA GI. Leading players in the global vapor recovery units market are emphasizing technological innovation, vertical integration, and sustainability-driven product development to strengthen their market presence. Companies such as Ingersoll Rand, Cimarron Energy, Zeeco, and PSG Dover are expanding their product portfolios with hybrid VRU technologies that combine adsorption, absorption, and compression systems to address complex vapor profiles. Many are investing in AI-based diagnostics, remote monitoring, and modular system design to improve operational flexibility and energy efficiency.
Table of Contents
173 Pages
- Chapter 1 Methodology
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.1.3 Base estimates and calculations
- 1.1.4 Base year calculation
- 1.1.5 Market estimates & forecasts parameters
- 1.1.6 Key trends for market estimates
- 1.2 Market definitions
- 1.3 Forecast model
- 1.4 Primary research and validation
- 1.5 Some of the primary sources (but not limited to)
- 1.6 Data mining sources
- 1.6.1 Secondary
- 1.6.1.1 Paid sources
- 1.6.1.2 Source by region
- Chapter 2 Executive Summary
- 2.1 Industry snapshot
- 2.2 Business trends
- 2.3 Technology trends
- 2.4 Application trends
- 2.5 End use trends
- 2.6 Regional trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Regulatory landscape
- 3.2.1 IMO Ref. T5/
- 1.01 MEPC.1/Circ.680
- 3.2.2 EPA OOOOa Compliance Guide
- 3.2.3 North America
- 3.2.3.1 U.S.
- 3.2.3.1.1 Vapor Recovery from Storage Tanks
- 3.2.3.1.2 Methane Emissions Reductions
- 3.2.3.1.3 Zero-Emission Heating Equipment Standards (ZEHES)
- 3.2.3.1.4 Fannie Mae Green Initiative
- 3.2.3.1.5 The U.S. Environmental Protection Agency
- 3.2.3.1.6 Carbon Reduction Program
- 3.2.3.1.7 The U.S.'s net zero plans
- 3.2.3.1.8 Clean Air Act
- 3.2.3.2 National Emission Standards for Hazardous Air Pollutants (NESHAP)
- 3.2.3.3 Clean Air Act, 1970
- 3.2.3.3.1 MACT NESHAP Standards
- 3.2.3.3.2 45CSR34 (Incorporates Federal rules 40CFR61 and 40CFR63)
- 3.2.3.3.3 Controlling Hazardous Air Pollutants
- 3.2.3.4 Texas
- 3.2.3.4.1 Texas VRU Units Guidelines
- 3.2.3.5 Control Efficiency Requirements
- 3.2.3.6 Canada
- 3.2.3.6.1 Canadian Net-Zero Emissions Accountability Act
- 3.2.3.6.2 2030 Emissions Reduction Plan
- 3.2.3.6.3 Alberta's Natural Gas Vision and Strategy
- 3.2.3.6.4 Federal Carbon Tax
- 3.2.3.6.5 Canadian Net-Zero Emissions Accountability Act
- 3.2.3.6.6 2030 Emissions Reduction Plan
- 3.2.3.6.7 Federal Carbon Tax
- 3.2.3.7 Verification and Labelling
- 3.2.3.8 Energy Efficiency Regulations
- 3.2.4 Europe
- 3.2.4.1 Industrial Emissions Directive
- 3.2.4.1.1 Directive 2009/126/EC
- 3.2.4.2 Commission acts
- 3.2.4.3 Vapour Emission Control Systems
- 3.2.4.4 UK
- 3.2.4.5 Regulations for onshore and offshore oil & gas activities
- 3.2.4.6 Directive 2009/31/EC
- 3.2.4.6.1 Ten Point Plan for Green Industrial Revolution
- 3.2.4.6.2 Paris Agreement
- 3.2.4.7 Norway
- 3.2.4.7.1 Regulations relating to fiscal measurement in petroleum activities
- 3.2.4.8 Energy Efficiency Directive
- 3.2.4.9 RES - Renewable Energy Sources Directive 2009/28/EC
- 3.2.4.10 Italy 70
- 3.2.4.10.1 Transposition of EU law (scope: Stage = & Stage ==) and the EU â =talian relationship
- 3.2.4.10.2 Safety, fire-protection, and sectoral decrees
- 3.2.4.10.3 National legal framework and statutory basis
- 3.2.4.10.4 CRC Energy Efficiency Schemes
- 3.2.5 Asia Pacific
- 3.2.5.1 China
- 3.2.5.1.1 China Medium and Long-Term Energy Conservation Plan
- 3.2.5.1.2 14th Five-Year Plan
- 3.2.5.2 Hongkong
- 3.2.5.3 Australia
- 3.2.5.3.1 Environment Protection Act 1981
- 3.2.5.3.2 Clean Energy Regulator - Emissions Reduction Fund
- 3.2.5.3.3 Federal Climate and Energy Policy
- 3.2.5.4 South Korea
- 3.2.5.5 India
- 3.2.5.5.1 Central Pollution Control Board (CPCB)
- 3.2.5.5.2 Ministry of Environment, Forest, and Climate Change
- 3.2.6 Middle East & Africa
- 3.2.6.1 Qatar
- 3.2.6.1.1 WOQOD's Role
- 3.2.6.1.2 South Africa
- 3.2.6.1.3 SANS 1518
- 3.2.6.1.4 Saudi Arabia
- 3.2.6.1.5 National Center for Environmental Compliance (NCEC)
- 3.2.6.1.6 SANS 347
- 3.2.7 Latin America
- 3.2.7.1 Mexico
- 3.2.7.1.1 Mexican Official Standard NOM-017-CRE-2019
- 3.2.7.1.2 Energy Transition Law
- 3.2.7.2 Brazil
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Rising focus on methane mitigation
- 3.3.1.2 Expansion of oil & gas infrastructure
- 3.3.1.3 Rapid growth in fuel retail networks
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 High initial investment
- 3.4 Growth potential analysis
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- Chapter 4 Competitive Landscape, 2025 P a g e | 7 Vapor Recovery Units Market Report, 2025 - 2034 Copyright © Global Market Insights Inc. 2025. All Rights Reserved
- 4.1 Introduction
- 4.2 Company market share analysis, 2024
- 4.3 Strategic dashboard
- 4.3.1 BORSIG
- 4.3.1.1 Installation/supply
- 4.3.2 Cool Sorption
- 4.3.2.1 Acquisition
- 4.3.3 Tecam
- 4.3.3.1 Installation/supply
- 4.3.4 PSG
- 4.3.4.1 Acquisition
- 4.3.5 Kilburn
- 4.3.5.1 Partnership
- 4.3.6 Flogistix
- 4.3.6.1 Business development
- 4.3.7 Other strategies
- 4.4 Strategic initiatives
- 4.5 Company benchmarking
- 4.6 Innovation & sustainability landscape
- 4.6.1 SCS Technologies
- 4.6.2 Zeeco
- 4.6.3 Evonik
- 4.6.4 Other innovation
- Chapter 5 Market Size and Forecast, By Technology, 2021 - 2034 (USD Million)
- 5.1 Key trends
- 5.2 Condensation
- 5.3 Adsorption
- 5.4 Absorption
- 5.5 Compression
- Chapter 6 Market Size and Forecast, By Application, 2021 - 2034 (USD Million)
- 6.1 Key trends
- 6.2 Processing
- 6.3 Storage
- 6.4 Transportation
- Chapter 7 Market Size and Forecast, By End Use, 2021 - 2034 (USD Million)
- 7.1 Key trends
- 7.2 Oil & gas
- 7.3 Chemical & petrochemical
- 7.4 Others
- Chapter 8 Market Size and Forecast, By Region, 2021 - 2034 (USD Million)
- 8.1 Key trends
- 8.2 North America
- 8.3 Europe
- 8.4 Asia Pacific
- 8.5 Middle East & Africa
- 8.6 Latin America
- Chapter 9 Company Profiles
- 9.1 ALMA Group
- 9.1.1 Financial Data
- 9.1.2 Product Landscape
- 9.1.3 SWOT Analysis
- 9.2 BORSIG
- 9.2.1 Financial Data
- 9.2.2 Product Landscape
- 9.2.3 Strategic Outlook
- 9.2.4 SWOT Analysis
- 9.3 Cimarron Energy
- 9.3.1 Financial Data
- 9.3.2 Product Landscape
- 9.3.3 SWOT Analysis
- 9.4 Cool Sorption
- 9.4.1 Financial Data
- 9.4.2 Product Landscape
- 9.4.3 Strategic Outlook
- 9.4.4 SWOT Analysis
- 9.5 Flogistix
- 9.5.1 Financial Data
- 9.5.2 Product Landscape
- 9.5.3 Strategic Outlook
- 9.5.4 SWOT Analysis
- 9.6 Ingersoll Rand
- 9.6.1 Financial Data
- 9.6.2 Product Landscape
- 9.6.3 SWOT Analysis
- 9.7 KAPPA GI
- 9.7.1 Financial Data
- 9.7.2 Product Landscape
- 9.7.3 SWOT Analysis
- 9.8 Kilburn Engineering
- 9.8.1 Financial Data
- 9.8.2 Product Landscape
- 9.8.3 Strategic Outlook
- 9.8.4 SWOT Analysis
- 9.9 Koch Engineered Solutions
- 9.9.1 Financial Data
- 9.9.2 Product Landscape
- 9.9.3 SWOT Analysis
- 9.10 PSG
- 9.10.1 Financial Data
- 9.10.2 Product Landscape
- 9.10.3 Strategic Outlook
- 9.10.4 SWOT Analysis
- 9.11 Reynold India
- 9.11.1 Financial Data
- 9.11.2 Product Landscape
- 9.11.3 SWOT Analysis
- 9.12 S&S Technical
- 9.12.1 Financial Data
- 9.12.2 Product Landscape
- 9.12.3 SWOT Analysis
- 9.13 SYMEX Technologies
- 9.13.1 Financial Data
- 9.13.2 Product Landscape
- 9.13.3 SWOT Analysis
- 9.14 Tecam
- 9.14.1 Financial Data
- 9.14.2 Product Landscape
- 9.14.3 Strategic Outlook
- 9.14.4 SWOT Analysis
- 9.15 SCS Technologies
- 9.15.1 Financial Data
- 9.15.2 Product Landscape
- 9.15.3 Strategic Outlook
- 9.15.4 SWOT Analysis
- 9.16 VOCZero
- 9.16.1 Financial Data
- 9.16.2 Product Landscape
- 9.16.3 SWOT Analysis
- 9.17 Zeeco
- 9.17.1 Financial Data
- 9.17.2 Product Landscape
- 9.17.3 Strategic Outlook
- 9.17.4 SWOT Analysis
- 9.18 PETROGAS
- 9.18.1 Financial Data
- 9.18.2 Product Landscape
- 9.18.3 SWOT Analysis
- 9.19 LeROI
- 9.19.1 Financial Data
- 9.19.2 Product Landscape
- 9.19.3 SWOT Analysis
- 9.20 Evonik
- 9.20.1 Financial Data
- 9.20.2 Product Landscape
- 9.20.3 Strategic Outlook
- 9.20.4 SWOT Analysis
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