Revolutionizing Industrial Vacuum Solutions A Comprehensive Analysis of the Liquid Ring Vacuum Pump

In the last few years, the upstream oil and gas sector has undoubtedly struggled; however, the downstream sector (refineries) has experienced a period of prosperity. The global refinery capacity is projected to increase with a CAGR of ~2% over 2016–2020, compared to the previous average growth rate of ~1% over the past 10 years. A prominent share of this growth is anticipated to come from new refineries in Asia Pacific and MEA regions.

Conversion capacity is projected to increase at a higher growth rate compared to distillation capacity, and result in increased conversion capacities of existing refineries. Liquid ring vacuum pumps and steam ejectors offer reliable solutions for vacuum distillation in refinery applications. This factor is expected to fuel the demand for liquid ring vacuum pumps.