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The flare gas recovery system market is forecasted to grow by USD 1.56 billion during 2023-2028, accelerating at a CAGR of 14.76% during the forecast period. The report on the flare gas recovery system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by environmental and economic benefits to refineries, rising demand for FGRS with surge in power generation applications, and stringent government regulations regarding carbon emissions.
The flare gas recovery system market is segmented as below:
By Capacity
- Very large
- Large
- Medium
- Small
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the flare gas recovery system market covers the following areas:
- Flare gas recovery system market sizing
- Flare gas recovery system market forecast
- Flare gas recovery system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Capacity
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global flare gas recovery system market: Baker Hughes Co., EMTIVAC Engineering Pty. Ltd., GENERON, Honeywell International Inc., Ingersoll Rand Inc., Kavin Engineering And Services Pvt. Ltd., Koch Industries Inc., MAN Energy Solutions SE, Ramboll Group AS, SoEnergy International, Srisen Energy Technology Co. Ltd, Transvac Systems Ltd., Wartsila Corp., and Zeeco Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing in natural gas production."
According to the report, one of the major drivers for this market is the environmental and economic benefits to refineries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes Co.
- EMTIVAC Engineering Pty. Ltd.
- GENERON
- Honeywell International Inc.
- Ingersoll Rand Inc.
- Kavin Engineering And Services Pvt. Ltd.
- Koch Industries Inc.
- MAN Energy Solutions SE
- Ramboll Group AS
- SoEnergy International
- Srisen Energy Technology Co. Ltd
- Transvac Systems Ltd.
- Wartsila Corp.
- Zeeco Inc.
