Vapor Recovery Units

Vapor Recovery Units Market Overview: Vapor Recovery Units Market  size is predicted to grow at a 4% CAGR during the forecast period. 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 imposed by various state regulatory bodies to recover the VOCs. For instance, the US regulates VOCs at the federal level through the 40CFR 59, which is the National Volatile Organic Compound Emission Standards for Consumer and Commercial Products. Environmental regulations are mainly made for different types of coatings, including aero...