Vapor Recovery Services Market

By Process;

Upstream and Midstream/ Downstream

By Operation;

New Installations and Services

By Application;

Marine Loading, Storage Tank Vents, and Railcar & Truck Loading

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn101365612 Published Date: June, 2025 Updated Date: August, 2025

Vapor Recovery Services Market Overview

Vapor Recovery Services Market (USD Million)

Vapor Recovery Services Market was valued at USD 420.75 million in the year 2024. The size of this market is expected to increase to USD 680.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.


Vapor Recovery Services Market

*Market size in USD million

CAGR 7.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.1 %
Market Size (2024)USD 420.75 Million
Market Size (2031)USD 680.07 Million
Market ConcentrationMedium
Report Pages369
420.75
2024
680.07
2031

Major Players

  • SGS SA
  • PSC (Vapor Control)
  • Zeeco, Inc.
  • PSG Dover
  • Atlas Process Innovation
  • Hy-Bon/EDI
  • AEREON
  • Entech Corporation
  • JOHN ZINK COMPANY, LLC
  • Vapor Point LLC
  • OPW Company
  • Global Vapor Control
  • Petrogas Systems

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Vapor Recovery Services Market

Fragmented - Highly competitive market without dominant players


The Vapor Recovery Services Market is gaining traction as environmental regulations become more stringent and businesses prioritize emission control. With over 65% of industrial sites adopting vapor recovery systems, companies are actively reducing VOC emissions while enhancing operational sustainability.

Drivers and Growth Factors
Growing adoption of green technologies and emphasis on resource conservation have driven significant growth. Around 72% of petroleum and chemical facilities now use vapor recovery units to minimize product loss and environmental impact, signaling a firm industry-wide shift toward circular practices.

Technological Advancements
Modern vapor recovery systems leverage cutting-edge innovations like cryogenic condensation, membrane technologies, and smart automation. Nearly 60% of providers utilize digital monitoring tools to enhance efficiency, reduce downtime, and improve recovery performance through real-time diagnostics.

Future Outlook
Future prospects for this market are solid, with around 68% of industrial stakeholders planning system upgrades or expansions. The market is expected to benefit from rising investments in compliance-driven, energy-efficient technologies designed to reduce emissions and conserve resources.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Process
    2. Market Snapshot, By Operation
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Vapor Recovery Services Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Environmental Regulations
        2. Growing Awareness of Environmental Impact
        3. Cost Savings and Efficiency Improvements
      2. Restraints
        1. High Initial Investment Costs
        2. Complexity of Regulatory Compliance
        3. Operational Challenges and Maintenance Requirements
        4. Limited Awareness and Education
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Integrated Environmental Solutions
        3. Collaboration and Partnerships
        4. Focus on Circular Economy
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Vapor Recovery Services Market, By Process, 2021 - 2031 (USD Million)
      1. Upstream
      2. Midstream/ Downstream
    2. Vapor Recovery Services Market, By Operation, 2021 - 2031 (USD Million)
      1. New Installations
      2. Services
    3. Vapor Recovery Services Market, By Application, 2021 - 2031 (USD Million)
      1. Marine Loading
      2. Storage Tank Vents
      3. Railcar and Truck Loading
    4. Vapor Recovery Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SGS SA
      2. PSC (Vapor Control)
      3. Zeeco, Inc.
      4. PSG Dover
      5. Atlas Process Innovation
      6. Hy-Bon/EDI
      7. AEREON
      8. Entech Corporation
      9. JOHN ZINK COMPANY, LLC
      10. Vapor Point LLC
      11. OPW Company
      12. Global Vapor Control, Inc. (GVC) (part of Tri-Star)
      13. Petrogas Systems
  7. Analyst Views
  8. Future Outlook of the Market