Global Grease Traps Market Size By Product (Semi-Automatic and Manual), By Application (Restaurant, Foodservice, Car Workshop), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Grease Traps Market size was valued at USD 1.28 Billion in 2024 and is projected to reach USD 1.52 Billion by 2031, growing at a CAGR of 2.35% from 2024 to 2031.
Over the forecast period, this is anticipated to fuel the growth of the Grease Traps Market. The Global Grease Traps Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Grease Traps Market Definition
A Grease Trap (you might also hear it called a grease interceptor, grease recovery device, grease capsule, or even a grease converter) is basically a plumbing gadget – a type of trap – that's there to catch most of the grease and solid bits before they sneak into the wastewater system. See, even everyday wastewater has a little oil in it, which can end up in septic tanks and wastewater treatment plants and create a nasty floating layer of sludge. Now, this sludge is slowly broken down by tiny organisms in a process called anaerobic digestion. But if restaurants dump huge amounts of oil from cooking, it can overwhelm the system, and you might end up with untreated sewage leaking out – yuck! Plus, those thick, gooey fats and cooking fats, like lard, get solid when they cool down. They can team up with other solid gunk and totally block drain lines.
Believe it or not, grease traps have been around since the Victorian era! Nathaniel Whiting even snagged the first patent for one way back in the late 1800s. Basically, these handy devices are all about keeping fats, oils, grease, and solids (that's FOGS for short!) out of our sewers. They're like little boxes plumbed into the wastewater line, specifically between your kitchen sinks and the main drain. So, only kitchen wastewater goes through them – toilets and other drains don't get a pass. You'll find them made of all sorts of things, from shiny stainless steel to tough plastics, concrete, or even cast iron. And they come in all sizes, from a small 35-liter under-sink model to a massive 45,000-liter (or bigger!) behemoth. You might find them inside the kitchen, outside the building, above ground, or buried underneath!
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Global Grease Traps Market Overview
The need for carbon dioxide removal techniques has increased due to the increased carbon footprint caused by industrial activity around the world, which has resulted in strict regulations on carbon emissions. Over the forecast period, this is anticipated to fuel the growth of the Grease Traps Market. The Environmental Protection Agency (EPA) estimates that 23% of the world’s total greenhouse gas emissions in 2019 came from various businesses.
The global market for gas separation membranes benefits from rising government measures to support biogas production and rising demand for biogas. For instance, Finland’s Renewable Energy Development Act exempts biogas plants from paying taxes for producing biomethane, according to a 2019 report from the World Biogas Association (WBA).
Global Grease Traps MarketSegmentation Analysis
The Global Grease Traps Market is Segmented into Product, Application, and Geography.
Based on Product, The Grease Traps Market is divided into Semi-Automatic and Manual. Grease from various industrial activities that have been exposed to high pressure and high temperature is cleaned using semi-automatic Grease Traps. Large amounts of waste grease that is injected into the system can be handled by these traps. Excess grease, oil, and other contaminants are gathered and removed from the drainage system using manual Grease Traps. These goods are typically used in food processing sectors that produce premium edible oils.
Grease Traps Market, By Application
Restaurant
Foodservice
Car Workshop
Others
Based on Application, the Grease Traps Market is divided into Restaurant, Foodservice, Car Workshop, and Others. The restaurant segment had a sizable portion of the market and is anticipated to continue to rule during the projection period. This can be due to increased consumer disposable income and an increase in global spending on restaurant upkeep & improvement projects.
Grease Traps Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
On the basis of Geography, the Grease Traps Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. One of the primary factors boosting demand for Grease Traps in this region is the rising number of wastewater management firms and substantial foreign investment in various end-use industries. The grease trap market in Asia Pacific also includes a sizeable portion of Japan and South Korea. The need for Grease Traps is rising in South America, the Middle East, and Africa due to industrial expansion in South Africa and Brazil.
Key Players
The “Grease Traps Market” study report will offer useful information with a focus on the global market. The major players in the market are ACO Passavant, Rockford Separators, Alltrap, Thermaco, Grease Traps, Aglass, Zurn, Monarch, BMS, and Jay R. Smith Mfg. Co.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Grease Traps Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Grease Traps Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
ACO Passavant, Rockford Separators, Alltrap, Thermaco, Grease Traps, Aglass, Zurn, Monarch, BMS, and Jay R. Smith Mfg. Co.
SEGMENTS COVERED
By Product
By Application
By Geography
CUSTOMIZATION SCOPE
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Research Methodology of Market Research
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Reasons to Purchase this Report
We dig deep into the market using both qualitative and quantitative analysis, breaking it down by economic stuff and, well, everything else! You'll get rock-solid market value data (in USD Billion!) for every segment and sub-segment. Plus, we'll point out the region and segment that's set to explode with growth and ultimately rule the roost. We'll give you a geography-by-geography breakdown, showing where the product/service is being used and what's driving the market in each area. You'll also get the scoop on the competitive landscape, including who's on top, what new stuff they're launching, who's partnering up, and who's buying who (all within the last five years!). Our extensive company profiles give you the lowdown – company overview, insights, product benchmarking, and a SWOT analysis for the big players. We'll paint a picture of the industry's present and future, highlighting growth opportunities, drivers, challenges, and restraints in both emerging and mature markets. We even throw in a Porter's five forces analysis for good measure, giving you a multi-faceted view of the market. Get a grip on the market's Value Chain, too. Finally, you'll understand the market dynamics, the growth opportunities that lie ahead, and we’ll back it all up with 6 months of post-sales analyst support.
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