Our latest research report entitled Flare Gas Recovery System Market (by research based on Capacity (Small, Medium, Large, and Very Large), by Industry Applications (Diversion and Compression, Pre-treatment of Fuel Gas, Condensation, Evaporators)) provides complete and deep insights into the market dynamics and growth of flare gas recovery system market.
The latest information on market risks, industry chain structure flare gas recovery system cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential flare gas recovery system growth factors. The global flare gas recovery system market is expected to grow at a CAGR between 13% and 13.5% over the forecast period from 2017 to 2023.
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The report covers the analysis of global as well as regional markets of the flare gas recovery system market. The global flare gas recovery system market is expected to be primarily driven by factors such as effective mitigation of carbon emission, improving the life of flare tips in the oil and gas, and petrochemical plants, cost-effective operations and reduction of loss and increased reuse options.
However, the growth in the global flare gas recovery system market is likely to be restrained by factors such as high cost of installations, ambiguities in understanding the return on investment (ROI) and lack of awareness in emerging markets of the Asia Pacific and Latin America.
Flare Gas Recovery System Market: Segmentation
The global flare gas recovery system market is segmented on the basis of capacity and industry applications. The capacity includes small capacity, medium capacity, large capacity, and very large capacity, while the industrial applications include diversion and compression, pre-treatment of fuel gas, condensation, evaporators, and others.
Among the capacities of recovery systems, the very large flare gas recovery systems dominate the market in terms of value, whereas small flare gas recovery systems dominate the market in terms of volume. The very large capacity of the flare gas recovery system segment is expected to grow at the highest CAGR over the forecast period from 2017 to 2023 in terms of volume.
Key Players in the Flare Gas Recovery System Industry
- John Zink Hamworthy Combustion,
- Gardner Denver Nash, Wärtsilä,
- Honeywell International Inc,
- Zeeco, Inc.,
- Suzhou Jinhong Gas Co. Ltd,
- Transvac Systems Ltd,
- Aerzen USA,
- Highland Power Corp.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the flare gas recovery system.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.