Product Code: ETC8854018 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The VRU market in the Philippines is influenced by rising environmental regulations and efforts to reduce volatile organic compound (VOC) emissions in oil and gas, petrochemical, and storage facilities. Adoption is still in early stages but is expected to rise with industrial compliance efforts.
The vapor recovery unit market in the Philippines is supported by growing environmental regulations and the need for efficient fuel vapor management in refineries and storage terminals. As awareness of volatile organic compound (VOC) emissions increases, demand for VRUs in petrochemical and logistics sectors is rising.
The VRU market is hindered by a lack of stringent environmental regulations and enforcement regarding VOC emissions, which diminishes the urgency for adoption. High upfront costs and a general lack of awareness about long-term economic and environmental benefits also delay market growth, particularly in small fuel and chemical handling facilities.
With stricter environmental regulations and growing awareness of fuel vapor emissions, the demand for vapor recovery units (VRUs) in the Philippines is set to rise. Investment opportunities include supplying VRU systems to fuel terminals, refineries, and distribution hubs. Local fabrication, integration with oil and gas infrastructure, and technical training services could enhance competitiveness and long-term returns.
The DENR mandates vapor recovery systems in fuel storage and distribution to reduce emissions under the Clean Air Act. Petroleum companies are required to integrate VRUs in compliance with environmental safety standards. Grants for cleaner technology adoption may be available under environmental protection programs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vapor Recovery Unit (VRU) Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vapor Recovery Unit (VRU) Market - Industry Life Cycle |
3.4 Philippines Vapor Recovery Unit (VRU) Market - Porter's Five Forces |
3.5 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Philippines Vapor Recovery Unit (VRU) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Vapor Recovery Unit (VRU) Market Trends |
6 Philippines Vapor Recovery Unit (VRU) Market, By Types |
6.1 Philippines Vapor Recovery Unit (VRU) Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Condensation VRU, 2021- 2031F |
6.1.4 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Membrane Separation VRU, 2021- 2031F |
6.1.5 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Adsorption VRU, 2021- 2031F |
6.1.6 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Absorption VRU, 2021- 2031F |
6.1.7 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Rotary VRU, 2021- 2031F |
6.2 Philippines Vapor Recovery Unit (VRU) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Upstream, 2021- 2031F |
6.2.3 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Midstream, 2021- 2031F |
6.2.4 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Downstream, 2021- 2031F |
6.3 Philippines Vapor Recovery Unit (VRU) Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.3 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.4 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.5 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.6 Philippines Vapor Recovery Unit (VRU) Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Vapor Recovery Unit (VRU) Market Import-Export Trade Statistics |
7.1 Philippines Vapor Recovery Unit (VRU) Market Export to Major Countries |
7.2 Philippines Vapor Recovery Unit (VRU) Market Imports from Major Countries |
8 Philippines Vapor Recovery Unit (VRU) Market Key Performance Indicators |
9 Philippines Vapor Recovery Unit (VRU) Market - Opportunity Assessment |
9.1 Philippines Vapor Recovery Unit (VRU) Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Philippines Vapor Recovery Unit (VRU) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Vapor Recovery Unit (VRU) Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Philippines Vapor Recovery Unit (VRU) Market - Competitive Landscape |
10.1 Philippines Vapor Recovery Unit (VRU) Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vapor Recovery Unit (VRU) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |