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The publisher has been monitoring the flare gas recovery system market and it is poised to grow by $ 1.40 bn during 2022-2026, progressing at a CAGR of 13.65% during the forecast period. This 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by environmental and economic benefits to refineries, demand for FGRS is augmenting with the surge in power generation applications, and stringent government regulations regarding carbon emissions.
The flare gas recovery system market analysis includes capacity segment geographic landscape.
The flare gas recovery system market is segmented as below:
By Capacity
- Very large
- Large
- Medium
- Small
By Geographical Landscape
- North America
- Europe
- APAC
- The Middle East and Africa
- South America
This study identifies the increasing natural gas production as one of the prime reasons driving the flare gas recovery system market growth during the next few years. Also, investing in R&D in FGRS to enhance their capability to work in remote oil and gas fields, and technology advancement in FGRS will lead to sizable demand in the market.
The publisher 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.
This 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 publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flare gas recovery system market vendors that include 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. Also, the flare gas recovery system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 publisher 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Capacity
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The Publisher Announces the Publication of its Research Report - Global Flare Gas Recovery System Market 2022-2026The publisher recognizes the following companies 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 publisher said: 'The latest trend gaining momentum in the market is increasing 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.
