An oil water separator (OWS) is basically a flow-through equipment, which is designed to separate oils from industrial wastewater and/or storm runoff systems. This equipment typically consists of a forebay, a separator section, and an afterbay to remove water-insoluble hydrocarbons, oils, and other solids from the wastewater. A number of industries across the globe are installing this equipment for treating wastewater released from them to meet the regulations/standards established for wastewater treatments in their regions of operations. Note: 1. Micromarkets are defined as segments and subsegments of the oil water separator market included in the report.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.