Infinium Global Research Flare Gas Recovery System Market | Page 2
A latest report has been added to the wide database of Flare Gas Recovery System Market by Infinium Global Research. This report
studies the Flare Gas Recovery System Market by capacity (small, medium, large, and very large), by industry applications (diversion
and compression, pre-treatment of fuel gas, condensation, evaporators) market status and outlook of global and major regions, from
manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent
years and to forecast the values for the next six years. Flare Gas Recovery System Market provides opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major
companies in the Flare Gas Recovery System Market.
Market Insights
The report covers the analysis of global as well as regional markets of 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 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 Asia Pacific and Latin America.
Segments Covered
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 industry 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 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.
Geographies Covered
The global flare gas recovery system market covers analysis of regions such as North America, Europe, Asia-Pacific inclusive of Australia
and RoW (including Latin America, Middle East and Africa). Among the geographies Europe is expected to be the largest market for
flare gas recovery system market over the Forecast period from 2017 to 2023 followed by North America both in terms of value, and