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NEW YORK, May 3, 2021 /PRNewswire/
The automated oil tank cleaning system market in EMEA is expected to grow by USD 33.01 bn, progressing at a CAGR of 5% during the forecast period.
Technavio has announced its latest market research report titled Automated Oil Tank Cleaning System Market in EMEA by Type, Application, and Geography - Forecast and Analysis 2021-2025
The increasing investments in oil storage tanks, increasing extraction of low-grade crude that accumulates more sludge, and regulations in European countries are a few of the major factors propelling the market growth. However, factors such as the stagnant oil industry, lack of awareness among end-users, and high upfront cost of automated oil tank cleaning systems will hamper the market growth.
Technavio Research: Hazardous Waste Management Market Research 2021-2025 | Key Vendor Insights and Forecasts | Technavio
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Technavio has announced its latest market research report titled Global Hazardous Waste Management Market 2021-2025 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the hazardous waste management market. Get FREE report sample within MINUTES One of the primary growth drivers for this market is the increase in industrial activities, says a senior analyst for the industrials industry at Technavio. The market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover, Technavio expects the hazardous waste management market size to grow by 190.88 million MTPA during the p