플레어 가스 회수 시스템 시장 규모, 점유율, 성장 분석 : 작동 압력별, 구성별, 유량별, 기술별, 용도별, 지역별 - 업계 예측(2026-2033년)

Flare Gas Recovery System Market size was valued at USD 1.31 Billion in 2024 and is poised to grow from USD 1.39 Billion in 2025 to USD 2.18 Billion by 2033, growing at a CAGR of 5.8% during the forecast period (2026-2033).

The flare gas recovery system market is poised for significant growth driven by heightened awareness of clean energy and the adverse effects of industrial processes on the environment. As industries recognize the importance of reducing carbon emissions and engaging in robust environmental protection efforts, demand for recovery systems is increasing. Oil and natural gas companies are prioritizing energy efficiency by adopting vapor recovery technologies, which often align with corporate social responsibility initiatives. Moreover, the rising exploration and production activities, coupled with a growing reliance on fossil fuels for automotive and power generation, are further propelling market expansion. Flare gas recovery systems enhance plant efficiency by capturing excess gas for productive use rather than flaring, presenting an opportunity for improved industrial sustainability.

Top-down and bottom-up approaches were used to estimate and validate the size of the Flare Gas Recovery System market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Flare Gas Recovery System Market Segments Analysis

Flare Gas Recovery System Market is segmented by Operating Revenue, Configuration, Technology, Flow Rate, Application, and region. Based on Operating Revenue, the market is segmented into Upto Upto 5 bar (small), 6 to 10 bar (medium), 11 to 20 bar (large), 21 to 60 bar (very large). Based on Configuration, the market is segmented into Modular, and Skid Mounted. Based on Technology, the market is segmented intoCompressor(Reciprocating, Screw, Liquid Ring, Siding Vane), and Ejector Based. Based on Flow Rate, the market is segmented into Upto 2 MMSCFD, 3 to 5 MMSCFD, 6 TO 10 MMSCFD, 11 TO 20 MMSCFD, and 21 to 50 MMSCFD. Based on Application, the market is segmented into Oil & Gas (Petrochemical Refineries, NGL Plants, CNG Refineries, EOR, Pipeline & Syn Gas, FPSO Offshore platforms, Fuel gas conditioning), Chemical Plants, Storage Tanks, Bio Gas & Landfill, and Industrial flue gas treatment. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Flare Gas Recovery System Market

The Flare Gas Recovery System market is significantly driven by international organizations promoting the advancement of fossil fuel usage and environmental sustainability. Initiatives from groups such as the World Bank encourage the adoption of cutting-edge technologies that enhance productivity and minimize fossil fuel impact. This aligns with the United Nations' Sustainable Development Goals, which aim to tackle various economic, social, and environmental challenges, including those related to oil and gas operations. As a result, there is a growing emphasis on innovative solutions that not only mitigate environmental concerns but also lead to improved operational efficiencies and cost reductions in the energy sector.

Restraints in the Flare Gas Recovery System Market

The flare gas recovery system market faces notable challenges, particularly due to the high initial investment required for installation. This financial burden can deter small and medium-sized enterprises from adopting these essential systems aimed at reducing greenhouse gas emissions and enhancing environmental sustainability. Although the upfront costs may pose a significant hurdle, the long-term advantages-including substantial cost savings and positive impacts on the environment-can make such investments worthwhile. As businesses weigh the benefits against the financial implications, finding affordable solutions becomes crucial for broader adoption and successful implementation of flare gas recovery technologies.

Market Trends of the Flare Gas Recovery System Market

The Flare Gas Recovery System market is experiencing robust growth driven by increasing awareness of environmental sustainability and the need to reduce carbon emissions. Manufacturers are leveraging advanced technologies, such as electrolysis, to enhance gas reclamation processes, enabling the reinjection of recovered gas into natural gas wells for pressure maintenance. This approach aligns with global efforts to mitigate climate change by addressing elevated levels of greenhouse gases like CO2 and CH4, which contribute to global warming. As businesses prioritize cleaner energy solutions over traditional fossil fuels and seek to combat oil and gas scarcity, the demand for flare gas recovery systems continues to rise, positioning them as a vital component of the energy transition.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Value Chain Analysis
• Technology Analysis
• Regulatory Analysis
• Case Studies
• Patent Analysis
• Market Attractiveness Index
• Pricing Analysis
• Macro-Economic Indicators
• Customer & Buying Criteria Analysis

Global Flare Gas Recovery System Market Size by Operating Pressure & CAGR (2026-2033)

• Market Overview
• Upto 5 bar (small)
• 6 to 10 bar (medium)
• 11 to 20 bar (large)
• 21 to 60 bar (very large)

Global Flare Gas Recovery System Market Size by Configuration & CAGR (2026-2033)

• Market Overview
• Modular
• Skid Mounted

Global Flare Gas Recovery System Market Size by Technology & CAGR (2026-2033)

• Market Overview
• Compressor
  • Reciprocating
  • Screw
  • Liquid Ring
  • Siding Vane
• Ejector Based

Global Flare Gas Recovery System Market Size by Flow Rate & CAGR (2026-2033)

• Market Overview
• Upto 2 MMSCFD
• 3 to 5 MMSCFD
• 6 TO 10 MMSCFD
• 11 TO 20 MMSCFD
• 21 to 50 MMSCFD

Global Flare Gas Recovery System Market Size by Application & CAGR (2026-2033)

• Market Overview
• Oil & Gas
  • Petrochemical Refineries
  • NGL Plants
  • CNG Refineries
  • EOR
  • Pipeline & Syn Gas
  • FPSO Offshore platforms
  • Fuel gas conditioning
• Chemical Plants
• Storage Tanks
• Bio Gas & Landfill
• Industrial flue gas treatment

Global Flare Gas Recovery System Market Size & CAGR (2026-2033)

• North America, (By Operating Pressure, By Configuration, By Technology, By Flow Rate, By Application)
  • US
  • Canada
• Europe, (By Operating Pressure, By Configuration, By Technology, By Flow Rate, By Application)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (By Operating Pressure, By Configuration, By Technology, By Flow Rate, By Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (By Operating Pressure, By Configuration, By Technology, By Flow Rate, By Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (By Operating Pressure, By Configuration, By Technology, By Flow Rate, By Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• John Zink Hamworthy Combustion LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gardner Denver Holdings Inc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell UOP
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cimarron Energy, INC. (Jordan Technologies)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zeeco, Inc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SoEnergy International Inc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wartsila Oyj Abp
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Transvac Systems Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aerzener Maschinenfabrik GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ABB
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eaton
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Legrand
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Electric Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fuji Electric FA Components & Systems Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CNC ELECTRIC GROUP CO., LTD.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rockwell Automation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi, Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation