플레어 가스 회수 시스템 시장 : 용량별, 용도별 - 세계 예측(2025-2030년)

The Flare Gas Recovery System Market was valued at USD 3.20 billion in 2023, expected to reach USD 3.62 billion in 2024, and is projected to grow at a CAGR of 13.18%, to USD 7.63 billion by 2030.

The Flare Gas Recovery System (FGRS) market plays a critical role in capturing and recycling waste gases from industrial processes, primarily within oil and gas operations. These systems are essential for minimizing the environmental impact of flaring by recovering valuable hydrocarbons for reuse or energy generation. They are applied widely in refineries, petrochemical plants, and gas processing facilities, making them vital for achieving emission reduction targets, enhancing energy efficiency, and complying with environmental regulations. The market is primarily driven by stringent regulatory frameworks, increasing awareness of environmental sustainability, and the potential for cost savings and revenue generation from recovered gases. A significant influence is the growing adoption of cleaner technologies and the rising focus on reducing carbon footprint in the industrial sector. Opportunities arise particularly from advancements in technology that improve capture efficiency and reduce system costs, alongside the increasing pressure on companies to achieve net-zero emissions. As emerging economies industrialize, demand for efficient emission-reduction technologies such as FGRS is expected to surge. However, the market faces challenges, such as high initial setup costs, technical complexities in retrofitting existing systems, and fluctuating oil and gas markets, which can influence investment decisions. Intense competition and evolving regulations also pose continuous adjustment challenges for market players. Innovations such as enhanced gas capture methods, scalable system designs, and integration with renewable energy sources present fertile ground for research and development, promising further advancement and cost reduction in flare gas management. The market is dynamic and trending toward increasing partnerships between technology developers and end-users to explore customized solutions, thereby fostering better compliance and operational efficiency. Businesses should focus on these collaborative opportunities and leverage technological innovations to maintain a competitive edge and drive growth in the FGRS market.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Flare Gas Recovery System Market

The Flare Gas Recovery System Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increased energy demand by world population
  • Exponential need to minimize greenhouse emissions due to gas flaring
  • High need in ensuring safe operation of refineries and petrochemical facilities
• Market Restraints
  • Complicated maintenance procedures and high maintenance costs
• Market Opportunities
  • Technological advancement in flare gas recovery systems
  • Investments and funding for product availability expansion across end-use industries
• Market Challenges
  • Technical limitations and low awareness regarding the system in developing areas

Porter's Five Forces: A Strategic Tool for Navigating the Flare Gas Recovery System Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Flare Gas Recovery System Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Flare Gas Recovery System Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Flare Gas Recovery System Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Flare Gas Recovery System Market

A detailed market share analysis in the Flare Gas Recovery System Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Flare Gas Recovery System Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Flare Gas Recovery System Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Flare Gas Recovery System Market

A strategic analysis of the Flare Gas Recovery System Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Flare Gas Recovery System Market, highlighting leading vendors and their innovative profiles. These include Aereon by Cimarron Energy, Inc., Baker Hughes Company, Caltec Limited, Cimarron Energy, INC., Emerson Electric Co., Gardner Denver and Nash, Honeywell International Inc, John Zink Hamworthy Combustion, MAN Energy Solutions SE, MITSUBISHI HEAVY INDUSTRIES, LTD., SoEnergy International, Srisen Energy Technology Co., Ltd., Transvac Systems Limited, Wartsila Corporation, and Zeeco, Inc..

Market Segmentation & Coverage

This research report categorizes the Flare Gas Recovery System Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Capacity, market is studied across Large Capacity, Medium Capacity, Small Capacity, and Very Large Capacity.
• Based on Application, market is studied across Condensation, Diversion & Compression, Evaporators, and Pre-Treatment of Fuel Gas. The Condensation is further studied across Liquified Natural Gas, Liquified Petrolium Gas, and Natural Gas Liquids. The Evaporators is further studied across Cooling Duty and Steam Turbines & Electricity.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increased energy demand by world population
    • 5.1.1.2. Exponential need to minimize greenhouse emissions due to gas flaring
    • 5.1.1.3. High need in ensuring safe operation of refineries and petrochemical facilities
  • 5.1.2. Restraints
    • 5.1.2.1. Complicated maintenance procedures and high maintenance costs
  • 5.1.3. Opportunities
    • 5.1.3.1. Technological advancement in flare gas recovery systems
    • 5.1.3.2. Investments and funding for product availability expansion across end-use industries
  • 5.1.4. Challenges
    • 5.1.4.1. Technical limitations and low awareness regarding the system in developing areas
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Flare Gas Recovery System Market, by Capacity

• 6.1. Introduction
• 6.2. Large Capacity
• 6.3. Medium Capacity
• 6.4. Small Capacity
• 6.5. Very Large Capacity

7. Flare Gas Recovery System Market, by Application

• 7.1. Introduction
• 7.2. Condensation
  • 7.2.1. Liquified Natural Gas
  • 7.2.2. Liquified Petrolium Gas
  • 7.2.3. Natural Gas Liquids
• 7.3. Diversion & Compression
• 7.4. Evaporators
  • 7.4.1. Cooling Duty
  • 7.4.2. Steam Turbines & Electricity
• 7.5. Pre-Treatment of Fuel Gas

8. Americas Flare Gas Recovery System Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Flare Gas Recovery System Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Flare Gas Recovery System Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Aereon by Cimarron Energy, Inc.
• 2. Baker Hughes Company
• 3. Caltec Limited
• 4. Cimarron Energy, INC.
• 5. Emerson Electric Co.
• 6. Gardner Denver and Nash
• 7. Honeywell International Inc
• 8. John Zink Hamworthy Combustion
• 9. MAN Energy Solutions SE
• 10. MITSUBISHI HEAVY INDUSTRIES, LTD.
• 11. SoEnergy International
• 12. Srisen Energy Technology Co., Ltd.
• 13. Transvac Systems Limited
• 14. Wartsila Corporation
• 15. Zeeco, Inc.