Energy & Power Industry Reports Flare Gas Recovery Systems Market Trends 2020 | Page 2

Your Catalyst To a Lucrative Business
Some of the propellers of the market include the rising significance of ecological preservation in industries and
escalating attempts by gas and oil firms for making sure that energy is utilized to the best of its ability. The
worldbank’s objectives towards decreased flaring are also steering the income of the flare gas recovery system
market. The other important market driving factors are ecological contamination concerns, safe energy
delivery, and regulatory policies.
Conversely, less consciousness among consumer segments, and huge capital costs would hinder market
development. The global market is sliced in view of three categories. These are recovery capacities,
components, and geographical regions. Recovery capacities have been explained above. The components
include gaskets, separators, and heat exchangers. The geographical regions include Asia Pacific, Europe, North
America, and rest of the world.
Some of the companies investing in the flare gas recovery system market are Gardner Denver Nash, Zeeco, and
John Zink Hamworthy Combustion.
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